POVERTY 2 PROSPERITY INC

EIN: 263542359 501(c)(3) International Affairs

Menlo Park, CA

Total Revenue
$319,276
Total Expenses
$283,049
Total Assets
$170,455
Net Assets
$170,455
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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
CA
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.

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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 $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

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
11

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
$0
Total Directors
0
$0
Key Employees
2
$0
Highest Compensated
0
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
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