Prepare and Prosper (EIN 237131829) - Form 990 Financial Analysis & Trantor Score

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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

1971

Legal Domicile

Principal Officer

Suyapa Miranda

Phone

6512622155

Tax Period

2024-07-01 to 2025-06-30

Prepare and Prosper, founded in 1971, is a community nonprofit in the Human Services sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $3.4M exceeded revenue, resulting in a 23% operating deficit.

Mission

P+P does free taxes, free financial coaching, and helps people obtain banking access.

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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 $2,739,220

Program Service Revenue $0

Investment Income $36,922

Other Revenue $1,083

TOTAL REVENUE $2,777,225

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,236,900

Fundraising Expenses $329,140

Program Expenses $2,903,538

Other Expenses $1,170,499

TOTAL EXPENSES $3,407,399

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,777,225	$2,006,950	+0.4%
Expenses	$3,407,399	$2,983,297	+0.1%
Net Income	$-630,174	$-976,347	-0.4%

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

462

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

$148,955

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeremie Greer	Chair	5.00	Officer Director	$0	$0	$0
Kara McGuire	Vice Chair	3.00	Officer Director	$0	$0	$0
Emma Molls	Secretary	1.00	Officer Director	$0	$0	$0
Ronda Chakolis	Director	1.00	Director	$0	$0	$0
Marsha Pitts-Phillips	Director	1.00	Director	$0	$0	$0
Elizabeth White	Director	1.00	Director	$0	$0	$0
Andrew Morem	Director	1.00	Director	$0	$0	$0
Roxanny Armendariz	Director	1.00	Director	$0	$0	$0
Aide Salgado	Director	1.00	Director	$0	$0	$0
Carrie Person	Director	1.00	Director	$0	$0	$0
Tom Gottwalt	Director	1.00	Director	$0	$0	$0
Suyapa Miranda	Executive Director	40.00	Officer	$146,493	$2,462	$148,955

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	$2,777,225	$3,407,399	$1,478,737	$-630,174
2024	$2,006,950	$2,983,297	$1,996,108	$-976,347
2023	$2,572,017	$2,472,462	$3,147,378	$99,555
2022	$2,156,071	$2,195,120	$2,509,288	$-39,049
2021	$2,505,131	$2,242,173	$2,795,257	$262,958
2020	$2,338,121	$1,798,363	$2,435,005	$539,758
2019	$2,086,114	$2,095,497	$1,703,249	$-9,383

Prepare and Prosper