Prosperity First Committee INC: FY2023 Nonprofit Profile & Form 990 (EIN 84-3537251)

Revenue by fiscal year
FY2020	$2.1M
FY2021	$1.0M
FY2022	$555K
FY2023	$742K
FY2025	$12K

Expenses by fiscal year
FY2020	$365K
FY2021	$449K
FY2022	$1.2M
FY2023	$2.0M
FY2025	$624K

Net assets by fiscal year
FY2020	$2.3M
FY2021	$2.9M
FY2022	$2.3M
FY2023	$1.0M
FY2025	$0

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

94%

Program services 94% · $1.9M Management & general 6% · $111K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation

William T Mullen

Director & President - 1/1/2023 - 8/23/2023

$0Pt VII · Sec A

Susan Bass Levin

Director - 1/1/2023 - 6/1/2023

$0Pt VII · Sec A

Jessica Stewart

Director - 1/1/2023 - 6/1/2023

$0Pt VII · Sec A

Linda Szczesniewski

Director & President - 8/23/2023 - 12/31/2023

$0Pt VII · Sec A

See Prosperity First Committee INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for affordable communities for families and businesses.

Questions for Prosperity First Committee INC

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1 program · $1.9M · in their own filed words · FY2023

01

Primary purpose for voter education and to promote voting.

$1.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking

Grants paid · 5 grants · $130K · 2021–2023

Pride of Camden Lodge No 83 Improved Benevolent & ProtectiveNJ · FY2023$16,500

NJ State Conference NAACPMD · FY2023$10,000

Puerto Rican Unity for ProgressNJ · FY2023$10,000

Eastern Atlantic States Regional Council of Carpenters Scholarship FuNJ · FY2023$10,000

Committee for Responsible GovNJ · FY2021$83,000

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$742K

Ln 12

Gifts and grantsLn 1h$715K

Investment incomeLn 3$27K

Money outPt IX

$2.0M

Ln 25

Programscol B$1.9M

Managementcol C$111K

Owns and owesPt X

$1.0M

net assets · Ln 32

Cash and savingsLn 1–2$1.0M

Total assetsLn 16$1.0M

LiabilitiesLn 26$0

PeoplePt VI, VII

4

listed · VII A

PaidVII A0

Voting boardVI 1a3

IndependentVI 1b3

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$715K

Investment incomeLn 3$27K

Total revenueLn 12$742K

Assets in detailPt X, end of year

SavingsLn 2$1.0M

Cash and savings togetherLn 1–2$1.0M

Total assetsLn 16$1.0M

LiabilitiesLn 26$0

Net assetsLn 32$1.0M

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$2.3M	$1.0M
Total assetsLn 16	$2.3M	$1.0M
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$2.3M	$1.0M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$53K	$53K
Legal feesLn 11b	$29K	$29K
Accounting feesLn 11c	$2K	$2K
Other fees for servicesLn 11g	$1.4M	$1.3M	$70K
Office expensesLn 13	$1K	$410	$686
TravelLn 17	$46	$46
InsuranceLn 23	$2K		$2K
Other expenses (24a–d)Ln 24	$475K	$448K	$26K
All other expensesLn 24e	$19K	$7K	$12K
Total functional expensesLn 25	$2.0M	$1.9M	$111K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 LatestFiled with the IRS May 14, 2026	$12K	$624K	−$612K	$0	990 PDF
FY2024	Not on file
FY2023 ViewingFiled with the IRS Nov 13, 2024	$742K	$2.0M	−$1.3M	$1.0M	990 PDF
FY2022Filed with the IRS Nov 6, 2023	$555K	$1.2M	−$664K	$2.3M	990 PDF
FY2021Filed with the IRS Nov 10, 2022	$1.0M	$449K	$576K	$2.9M	990 PDF
FY2020Filed with the IRS May 14, 2021	$2.1M	$365K	$1.7M	$2.3M	990 PDF

Schedules filed Part IV

I · Grants O · Explanations

See the full FY2023 990

Part I · Summary $741,650 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $555,000$715,000

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $0$26,650

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $555,000$741,650

I-13 Grants and similar amounts paidPrior year $0$53,000

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $1,219,110$1,941,613

I-18 Total expensesPrior year $1,219,110$1,994,613

I-19 Revenue less expensesPrior year −$664,110−$1,252,963

Part VI · Governance 3 of 3 board members independent, 4 to look at

VI-1a Voting members of the governing body3

VI-1b Independent voting members3

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $741,650 across 4 lines filed

VIII-1f All other contributions, gifts and grants$715,000

VIII-1h Total contributions, gifts and grants$715,000

VIII-3 Investment incomeUnrelated business $26,650$26,650

VIII-12 Total revenueRelated to mission $0 · Unrelated business $26,650 · Excluded from tax $0$741,650

Part IX · Statement of functional expenses $1,994,613 across 9 lines filed

IX-1 Grants to domestic organizationsPrograms $53,000$53,000

IX-11b Legal feesPrograms $29,207$29,207

IX-11c Accounting feesPrograms $1,512$1,512

IX-11g Other fees for servicesPrograms $1,343,679 · Management $70,300$1,413,979

IX-13 Office expensesPrograms $410 · Management $686$1,096

IX-17 TravelPrograms $46$46

IX-23 InsuranceManagement $2,249$2,249

IX-24 Other expenses (24a–d)Programs $448,455 · Management $26,294$474,749

IX-24e All other expensesPrograms $7,194 · Management $11,581$18,775

IX-25 Total functional expensesPrograms $1,883,503 · Management $111,110 · Fundraising $0$1,994,613

Part X · Balance sheet $1,005,945 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $2,258,908$0

X-2 Savings and temporary cash investments$1,005,945

X-16 Total assetsStart of year $2,258,908$1,005,945

X-26 Total liabilitiesStart of year $0$0

X-29 Capital stock or trust principalStart of year $0$0

X-30 Paid-in or capital surplusStart of year $0$0

X-31 Retained earnings or endowmentStart of year $2,258,908$1,005,945

X-32 Total net assets or fund balancesStart of year $2,258,908$1,005,945

X-33 Total liabilities and net assetsStart of year $2,258,908$1,005,945

Part XI · Reconciliation of net assets $1,005,945 net assets at year end

XI-1 Total revenue$741,650

XI-2 Total expenses$1,994,613

XI-3 Revenue less expenses−$1,252,963

XI-4 Net assets at start of year$2,258,908

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$1,005,945

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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Prosperity First Committee INC FY2023 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Prosperity First Committee INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV