POVERTY 2 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

2008

Legal Domicile

Principal Officer

Scott Paterson

Phone

6504441001

Tax Period

2024-01-01 to 2024-12-31

POVERTY 2 PROSPERITY INC, founded in 2008, is a small nonprofit in the International Affairs sector that reported $319K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $283K left a modest 11% surplus.

Mission

Make 0% Interest Loans to the Working Poor.

Program Service Accomplishments

Program 1

Expenses: $283,049 Revenue: $183,946

We have a 98.9% repayment rate for our 0% interest loans made across our main funds (General, Women's, Education, Personal Housing, Youth, Single Parents, Artisans, and more). As soon as repayments...

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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 $315,876

Program Service Revenue $0

Investment Income $3,400

Other Revenue $0

TOTAL REVENUE $319,276

Expense Breakdown

Grants Paid $282,196

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $283,049

Other Expenses $853

TOTAL EXPENSES $283,049

Year-over-Year Comparison

	2024	2023	Change
Revenue	$319,276	$290,655	+0.1%
Expenses	$283,049	$217,889	+0.3%
Net Income	$36,227	$72,766	-0.5%

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

N/A

Volunteers

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
Scott Paterson	Founder & CEO	25	Officer Key Emp	$0	$0	$0
Elaine Chan	Secretary	5	Officer	$0	$0	$0
John Rehling	Board Director	5	Officer	$0	$0	$0
Colette Bailey	Consultant	30	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
2025	No data	No data	No data	No data
2024	$319,276	$283,049	$170,455	$36,227
2023	$290,655	$217,889	$134,228	$72,766