Prospect Business Association

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

SIMONE CURLS

Phone

8166669722

Tax Period

2025-01-01 to 2025-12-31

Prospect Business Association, founded in 2018, is a small nonprofit in the Public & Societal Benefit sector that reported $659K in total revenue in fiscal year 2025. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $594K left a modest 10% surplus.

Mission

PROMOTING SOCIAL WELFARE AND ECONOMIC DEVELOPMENT

Program Service Accomplishments

Program 1

Expenses: $461,861 Revenue: $658,578

PROVIDED SMALL BUSINESSES THROUGHOUT THE KANSAS CITY METROPOLTIAN AREA WITH TECHNICIAL ASSISTANCE ONE-ON-ONE COACHING DISEMINATED INFORMATION PERTAINING TO ASSISTANCE FROM BING IMPACTED BY LINGERING EFFECTS OF COVID AND RELATED ECONOMIC CHANGES TO THE BUSINESS ENVIROMENT AND PROVIDED TECHNICAL ASSISTANCE IN APPLYING FOR FUNDING AND FINANCIAL AND BANKING WORKSHOPS AND RELATED SUPPORT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $658,578

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $658,578

Expense Breakdown

Grants Paid $10,002

Salaries & Benefits $353,671

Fundraising Expenses $15,101

Program Expenses $461,861

Other Expenses $229,979

TOTAL EXPENSES $593,652

Year-over-Year Comparison

	2025	2024	Change
Revenue	$658,578	$852,335	-0.2%
Expenses	$593,652	$620,034	0.0%
Net Income	$64,926	$232,301	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$126,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SIMONE CURLS	CEO	40.00	Director	$126,250	$0	$126,250
CLYDE MCQUEEN	BOARD CHAIR	2.25	Director	$0	$0	$0
DONALD MAXWELL	PRESIDENT	2.50	Director	$0	$0	$0
MARY SHANNON	BOARD SECRETARY	2.25	Director	$0	$0	$0
THEODIS SHANNON	BOARD TREASURER	2.50	Director	$0	$0	$0
DAVID PUENTE	DIRECTOR	0.25	Director	$0	$0	$0
RON LINDSEY	DIRECTOR	0.25	Director	$0	$0	$0
KAREN CURLS	DIRECTOR	0.25	Director	$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	$658,578	$593,652	$572,478	$64,926
2024	No data	No data	No data	No data
2023	$522,442	$408,365	$455,547	$114,077
2022	$198,488	$422,690	$341,812	$-224,202
2021	$743,886	$286,275	$518,397	$457,611