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Prospect Foundation EIN 83-3673178

Prospect Foundation FY2021 filing

EIN  83-3673178 Private foundation / grantmaker North Sutton, NH
Form 990 (PDF)
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Size
<$100K
What they do
A private foundation based in North Sutton, NH. It reported about $14K in revenue for 2021.
Money in and out
$14K revenue, $26K expenses
Bottom line
—

A private foundation based in North Sutton, NH. It reported about $14K in revenue for 2021. For fiscal year 2021 it reported $14K in revenue, $26K in expenses, and $404K in net assets.Pt I

Grants paid & assets · FY2021
Total revenue
$14K
Pt VIII · Ln 12
Total expenses
$26K
Pt IX · Ln 25
Net assets
$404K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$12K
Total assets
404K
deployed as grants and operations
Grants paid
25K
in FY2021
Grants made
11grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 11 grants · $29K · 2025–2025
Communities in SchoolFY2025$5,000
The BuckeyeFY2025$5,000
Elm GroveFY2025$4,200
United Gridiron ClubFY2025$3,000
Kearsarge Food HubFY2025$2,058
Mcauliff-Shepard Discovery CenterFY2025$2,000
See Science CenterFY2025$2,000
Roca Kidz ClubFY2025$2,000
The Well CDCFY2025$2,000
The Bright Side ProjectFY2025$1,000
Strut in SuttonFY2025$500

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$3K
Median grantPart XV$2K
Largest grantPart XV$5K

Summary of the Filing

Part I · fiscal year 2021 · Form 990-PF
Revenue
$14K
FY2021▲ +580%
Expenses
$26K
FY2021▲ +150%
Total assets
$404K
FY2021▼ -3%
Total liabilities
$0
FY2021
Total revenue
$14K
Pt VIII · Ln 12
Total expenses
$26K
Pt IX · Ln 25
Net assets
$404K
Pt X · Ln 32
Total assetsPt II$404K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProspect Foundation
EINHdr · item D83-3673178
Principal addressHdr · item CNorth Sutton, NH
WebsiteHdr · item Jwww.prospectfoundation.net
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFJul 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Prospect Foundation executive salaries →

Statement of Revenue

Part VIII
Investment income100%$14K
Total revenueLn 12$14K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.97 Operating & administrative $0.03
Grants & contributions paid97%$25K
Operating & administrative3%$692
Total functional expensesLn 25$26K

Balance Sheet

Part X · end of year
CashLn 1$18K
Total assetsLn 16$404K
Total liabilitiesLn 26$0
Total net assetsLn 32$404K
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $404K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $14K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $14K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $14K · Prior year $2K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $404K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $14K · Expenses $26K
-82%
Liabilities-to-Assets
Total liabilities — · Total assets $404K
—
Net-asset ratio
Net assets $404K · Total assets $404K
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $26K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 580%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$31K revenue · ⤓ 990 PDF
FY2024$31K revenue · ⤓ 990 PDF
FY2023$23K revenue · ⤓ 990 PDF
FY2022$14K revenue · ⤓ 990 PDF
FY2021$14K revenue · viewing · ⤓ 990 PDF
FY2020$2K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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