Project Prosper Inc

EIN: 208936475 501(c)(3) Human Services

Clearwater, FL

Total Revenue
$366,746
Total Expenses
$367,224
Total Assets
$621,888
Net Assets
$514,234
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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
2007
Legal Domicile
FL
Principal Officer
David Gonzalez
Phone
7272660816
Tax Period
2025-01-01 to 2025-12-31

Project Prosper Inc, founded in 2007, is a small nonprofit in the Human Services sector that reported $367K in total revenue in fiscal year 2025. Revenue surged 72% from the prior year, signaling strong growth momentum.

Mission

To provide financial integration services and resources that empower recent immigrants and refugees in the Tampa Bay community to achieve financial stability and inclusion.

Program Service Accomplishments

Program 1
Expenses: $135,120

The Loan Program provides loans to immigrants for a maximum of $2,500 at 0% interest that features financial mentoring and matched savings. In 2025, the Organization provided 4 immigrants and...

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The Loan Program provides loans to immigrants for a maximum of $2,500 at 0% interest that features financial mentoring and matched savings. In 2025, the Organization provided 4 immigrants and refugees a dollar for dollar match on the amounts earned in their savings accounts.

Program 2
Expenses: $173,032 Revenue: $12,000

The Financial Literacy Program is a group financial literacy class on a variety of topics for immigrants.

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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 (2025)

Revenue Breakdown

Contributions & Grants $347,516
Program Service Revenue $12,000
Investment Income $13,110
Other Revenue $-5,880
TOTAL REVENUE $366,746

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $302,390
Fundraising Expenses $47,434
Program Expenses $308,152
Other Expenses $63,834
TOTAL EXPENSES $367,224

Year-over-Year Comparison

2025 2024 Change
Revenue $366,746 $213,822 +0.7%
Expenses $367,224 $305,605 +0.2%
Net Income $-478 $-91,783 -1.0%
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
9
Independent Members
9
Employees
4
Volunteers
61

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
3
$101,070
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Gonzalez President/Treasurer 12.50
Officer Director
$0 $0 $0
Sean Dougherty Secretary 2.00
Officer Director
$0 $0 $0
Molly Auld Trustee 1.00
Director
$0 $0 $0
Natalie Mcewan Trustee 1.00
Director
$0 $0 $0
Lauren Hildebrand Trustee 1.00
Director
$0 $0 $0
Michelle Waite Trustee 1.00
Director
$0 $0 $0
Sandra Knight Trustee 1.00
Director
$0 $0 $0
Caitlin Rusczyk Trustee 1.00
Director
$0 $0 $0
Aida Sanchez Trustee 1.00
Director
$0 $0 $0
Susan Brandley Trustee 1.00
Director
$0 $0 $0
Long Tuyen Tu Trustee 1.00
Director
$0 $0 $0
Ronald Knight Trustee 1.00
Director
$0 $0 $0
Faye Steinhauser Executive Director 40.00
Officer
$101,070 $0 $101,070
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
2025 $366,746 $367,224 $621,888 $-478
2024 $213,822 $305,605 $652,264 $-91,783
2023 $312,313 $249,924 $544,568 $62,389
2022 $252,306 $210,736 $453,917 $41,570
2021 $254,547 $187,364 $430,173 $67,183
2020 $223,944 $169,257 $379,484 $54,687
2019 $198,924 $139,384 $284,023 $59,540
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