ABOUNDING PROSPERITY INC

EIN: 203746990 501(c)(3) Human Services

DALLAS, TX

Total Revenue
$7,323,877
Total Expenses
$6,686,953
Total Assets
$8,212,376
Net Assets
$6,971,082
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
TX
Principal Officer
TAMARA STEPHNEY
Phone
2144214800
Tax Period
2024-01-01 to 2024-12-31

ABOUNDING PROSPERITY INC, founded in 2006, is a community nonprofit in the Human Services sector that reported $7.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $6.7M left a modest 9% surplus.

Mission

WE PROVIDE SERVICES TO ADDRESS HEALTH, SOCIAL ECONOMIC DISPARITIES AMOUNG AFRICAN AMERICAN MEN WITH SPECIAL EMPHASIS ON GAY, BISEXUAL , MALE TO FEMALE TRANSGENDER INDIVIDUALS AND THIER FAMILIES IN THE DALLAS/FORT WORTH

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,518,973
Program Service Revenue $2,804,904
Investment Income $0
Other Revenue $0
TOTAL REVENUE $7,323,877

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,906,307
Fundraising Expenses $2,800
Program Expenses $6,684,153
Other Expenses $3,777,846
TOTAL EXPENSES $6,686,953

Year-over-Year Comparison

2024 2023 Change
Revenue $7,323,877 $6,658,075 +0.1%
Expenses $6,686,953 $6,583,403 +0.0%
Net Income $636,924 $74,672 +7.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
35
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMARA STEPHNEY CEO 060.00
Officer Director Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $7,323,877 $6,686,953 $8,212,376 $636,924
2023 $6,658,075 $6,583,403 $7,581,003 $74,672
2022 $8,053,291 $10,193,681 $6,259,486 $-2,140,390
2021 $11,784,561 $5,979,545 $8,399,876 $5,805,016
2020 $5,590,346 $4,080,348 $2,594,860 $1,509,998
2019 $2,979,466 $2,419,065 $1,084,862 $560,401
2018 $2,170,758 $1,959,497 $524,461 $211,261
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