ABOUNDING PROSPERITY INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

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 METROPLEX, WE ARE DEDICATED TO DEVELOPING PROGRAMS AND SERVICES THAT CATER TO THE TARGET POPULATION.

Program Service Accomplishments

Program 1

Expenses: $6,684,153 Revenue: $7,323,877

WE PROVIDE SERVICES TO ADDRESS HEALTH, SOCIAL AND ECONOMIC DISPARITIES AMOUNG AFRICAN AMERICAN MEN WITH SPECIAL EMPHASIS ON GAY, BISEXUAL AND MALE TO FEMALE TRANSGENDER INDIVIUALS AND THIER FAMILIES IN THE DALLAS/FORT WORTH METROPLEX, WE ARE DEDICATED TO DEVELOPING PROGRAMS AND SERVICES THAT CATER TO THE TARGET POPULATION.

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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%)

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

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