Prosperity Works builds the capacity of organizations and advocates for policies that generate economic Prosperity for all new mexicans. Through this work, we implement a vision that every new mexican has the opportunity, knowledge and relationships to achieve economic Prosperity.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Run by 2 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $83K a year · 12% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$127K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 8.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $84K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
81% of total assets
Concern: liabilities are 81% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$857K
+47% vs prior year
Spent
$931K
To programs
78%
Net assets
$297K
By yearFY2020–FY2025
Revenue
$857K
FY2025▲ +47%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$462K
FY2022$661K
FY2023$662K
FY2024$583K
FY2025$857K
Expenses
$931K
FY2025▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$771K
FY2021$658K
FY2022$665K
FY2023$804K
FY2024$912K
FY2025$931K
Net assets
$297K
FY2025▼ -20%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$878K
FY2022$679K
FY2023$530K
FY2024$372K
FY2025$297K

From the FY2025 Form 990 (year ending September 2025) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2000.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $725K Management & general 19% · $180K Fundraising 3% · $26K

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

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Who runs it and what they're paid

6 people listed on the 990; $127K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$127,392Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr Ann Lyn Hall’s $127K as CEO is at the 96th percentile of top reported officer pay among 539 $100K–1M mutual/membership nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Ann Lyn Hall$127,392$124,976$121,254———
Ona Porter—$56,997$54,376$39,608$39,608$75,284
Arellana Cordero————$28,426—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Builds capacity and advocates for policies to create economic prosperity for all New Mexicans.

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Provided by the organization

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3 programs · $617K · in their own filed words · FY2024
01

Financial inclusion and opportunity- individual development accounts (idas) have been deployed to encourage savings, investment and asset accumulation among moderate income and working families.

$278Kprogram expense
02

Sustainable energy solutions program- this program addresses a key factor in low-income families: decreasing the high cost of energy; increasing efficiency and improving the health, safety and comfort of homes.

$214Kprogram expense
03

Childrens Economic Security

Prosperity kids is a matched college savings account initiative. It is designed to leverage the important work of partner organizations thus furthering their engagement with clients and increasing their impact.

$125Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$84K
See all 3 funders →
Grants paid · 6 grants · $537K · 2019–2024
Unitemized GrantFY2024$140,283
Unitemized GrantFY2023$169,975
Unitemized GrantFY2022$101,882
Unitemized GrantFY2021$85,454
Unitemized GrantFY2020$19,800
Unitemized GrantFY2019$19,935

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$857K
Ln 12
Gifts and grantsLn 1h$651K
Fees for servicesLn 2g$204K
Other incomeLn 4–11$1K
Money outPt IX
$931K
Ln 25
Programscol B$725K
Managementcol C$180K
Fundraisingcol D$26K
Owns and owesPt X
$297K
net assets · Ln 32
Cash and savingsLn 1–2$654K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$651K
Fees for servicesLn 2g$204K
Investment incomeLn 3$1K
Other incomeLn 4–11$1K
Total revenueLn 12$857K
Assets in detailPt X, end of year
CashLn 1$37K
SavingsLn 2$617K
Cash and savings togetherLn 1–2$654K
InvestmentsLn 11–13$23K
Land, buildings, equipmentLn 10c$105K
Other assetsLn 15$665K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.2M
Net assetsLn 32$297K
OperationsPt I, VI
EmployeesI 56
VolunteersI 62
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$704K$654K
InvestmentsLn 11–13$12K$23K
Land, buildings, equipmentLn 10c$105K$105K
Total assetsLn 16$1.6M$1.5M
LiabilitiesLn 26$1.2M$1.2M
Net assetsLn 32$372K$297K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$140K$140K
Pay of current officers, directors and key staffLn 5$139K$103K$32K$5K
Other salaries and wagesLn 7$277K$205K$63K$9K
Pension plan contributionsLn 8$2K$2K$564$83
Other employee benefitsLn 9$39K$29K$9K$1K
Payroll taxesLn 10$30K$22K$7K$1K
Other fees for servicesLn 11g$198K$147K$45K$7K
Advertising and promotionLn 12$9K$7K$2K$298
Office expensesLn 13$5K$4K$1K$178
Information technologyLn 14$40K$30K$9K$1K
OccupancyLn 16$10K$7K$2K$322
Conferences, conventions and meetingsLn 19$5K$4K$1K$163
InterestLn 20$3K$2K$639$93
Depreciation, depletion and amortizationLn 22$26K$19K$6K$870
InsuranceLn 23$3K$2K$617$91
Other expenses (24a–d)Ln 24$4K$3K$942$139
Total functional expensesLn 25$931K$725K$180K$26K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $857K$931K−$74K$297K 990 PDF
FY2024 $583K$912K−$330K$372K 990 PDF
FY2023 $662K$804K−$142K$530K 990 PDF
FY2022 $661K$665K−$5K$679K 990 PDF
FY2021 $462K$658K−$196K$878K 990 PDF
FY2020 $1.0M$771K$249K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $857,206 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $359,828$650,873
I-9 Program service revenuePrior year $219,707$203,739
I-10 Investment incomePrior year $2,521$1,111
I-11 Other revenuePrior year $768$1,483
I-12 Total revenuePrior year $582,824$857,206
I-13 Grants and similar amounts paidPrior year $169,975$140,283
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $500,779$487,761
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $241,736$303,116
I-18 Total expensesPrior year $912,490$931,160
I-19 Revenue less expensesPrior year −$329,666−$73,954
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $857,206 across 6 lines filed
VIII-1f All other contributions, gifts and grants$650,873
VIII-1h Total contributions, gifts and grants$650,873
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $203,739$203,739
VIII-3 Investment incomeExcluded from tax $1,111$1,111
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,483$1,483
VIII-12 Total revenueRelated to mission $205,222 · Excluded from tax $1,111$857,206
Part IX · Statement of functional expenses $931,160 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $140,283$140,283
IX-5 Pay of current officers, directors and key staffPrograms $103,135 · Management $31,656 · Fundraising $4,672$139,463
IX-7 Other salaries and wagesPrograms $204,835 · Management $62,870 · Fundraising $9,280$276,985
IX-8 Pension plan contributionsPrograms $1,839 · Management $564 · Fundraising $83$2,486
IX-9 Other employee benefitsPrograms $28,567 · Management $8,769 · Fundraising $1,294$38,630
IX-10 Payroll taxesPrograms $22,331 · Management $6,854 · Fundraising $1,012$30,197
IX-11g Other fees for servicesPrograms $146,750 · Management $45,041 · Fundraising $6,643$198,434
IX-12 Advertising and promotionPrograms $6,595 · Management $2,024 · Fundraising $298$8,917
IX-13 Office expensesPrograms $3,934 · Management $1,208 · Fundraising $178$5,320
IX-14 Information technologyPrograms $29,712 · Management $9,119 · Fundraising $1,345$40,176
IX-16 OccupancyPrograms $7,141 · Management $2,192 · Fundraising $322$9,655
IX-19 Conferences, conventions and meetingsPrograms $3,653 · Management $1,121 · Fundraising $163$4,937
IX-20 InterestPrograms $2,085 · Management $639 · Fundraising $93$2,817
IX-22 Depreciation, depletion and amortizationPrograms $19,214 · Management $5,898 · Fundraising $870$25,982
IX-23 InsurancePrograms $2,012 · Management $617 · Fundraising $91$2,720
IX-24 Other expenses (24a–d)Programs $3,077 · Management $942 · Fundraising $139$4,158
IX-25 Total functional expensesPrograms $725,163 · Management $179,514 · Fundraising $26,483$931,160
Part X · Balance sheet $1,523,884 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $102,549$37,477
X-2 Savings and temporary cash investmentsStart of year $601,626$616,887
X-4 Accounts receivableStart of year $108$20,485
X-9 Prepaid expenses and deferred chargesStart of year $5,027$1,581
X-10c Land, buildings and equipment, netStart of year $105,000$105,000
X-11 Publicly traded securitiesStart of year $11,928$22,664
X-14 Intangible assetsStart of year $81,216$55,234
X-15 Other assetsStart of year $649,033$664,556
X-16 Total assetsStart of year $1,556,487$1,523,884
X-17 Accounts payable and accrued expensesStart of year $26,705$25,306
X-19 Deferred revenueStart of year $427,993$482,137
X-25 Other liabilitiesStart of year $81,216$55,233
X-26 Total liabilitiesStart of year $1,184,947$1,227,232
X-27 Net assets without donor restrictionsStart of year $350,340$273,202
X-28 Net assets with donor restrictionsStart of year $21,200$23,450
X-32 Total net assets or fund balancesStart of year $371,540$296,652
X-33 Total liabilities and net assetsStart of year $1,556,487$1,523,884
Part XI · Reconciliation of net assets $296,652 net assets at year end
XI-1 Total revenue$857,206
XI-2 Total expenses$931,160
XI-3 Revenue less expenses−$73,954
XI-4 Net assets at start of year$371,540
XI-5 Net unrealized gains (losses) on investments−$934
XI-10 Net assets at end of year$296,652

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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