PROSPERITY NOW (EIN 521141804) - 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

1979

Legal Domicile

Principal Officer

CHERIE COLLINS SIMS

Phone

2024089788

Tax Period

2023-01-01 to 2023-12-31

PROSPERITY NOW, founded in 1979, is a mid-sized nonprofit in the Community Improvement sector that reported $20.4M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $25.1M exceeded revenue, resulting in a 23% operating deficit.

Mission

SEE PART III, LINE 1.

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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 (2023)

Revenue Breakdown

Contributions & Grants $19,792,432

Program Service Revenue $120,868

Investment Income $235,731

Other Revenue $261,576

TOTAL REVENUE $20,410,607

Expense Breakdown

Grants Paid $6,596,084

Salaries & Benefits $11,881,971

Fundraising Expenses $2,476,523

Program Expenses $18,496,664

Other Expenses $6,155,021

TOTAL EXPENSES $25,139,910

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,410,607	$17,231,034	+0.2%
Expenses	$25,139,910	$24,165,756	+0.0%
Net Income	$-4,729,303	$-6,934,722	-0.3%

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

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

$505,202

Total Directors

Key Employees

$492,760

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COURTNEY HOWARD HODAPP	CHAIR	4.00	Officer Director	$0	$0	$0
HORACIO MENDEZ	TREASURER	4.00	Officer Director	$0	$0	$0
RONALD GRZYWINSKI	SECRETARY	4.00	Officer Director	$0	$0	$0
VICTOR REINOSO	DIRECTOR	4.00	Director	$0	$0	$0
JACKSON BROSSY	DIRECTOR	4.00	Director	$0	$0	$0
ANNIE BURNS	DIRECTOR	4.00	Director	$0	$0	$0
GARNESHA EZEDIARO	DIRECTOR	4.00	Director	$0	$0	$0
DARLENE GOINS	DIRECTOR	4.00	Director	$0	$0	$0
SERRA FALK GOLDMAN	DIRECTOR	4.00	Director	$0	$0	$0
JADA GRANDY-MOCK	DIRECTOR	4.00	Director	$0	$0	$0
ROBIN MCKINNEY	DIRECTOR	4.00	Director	$0	$0	$0
JOHN A POWELL	DIRECTOR	4.00	Director	$0	$0	$0
MEGAN SELBY	DIRECTOR	4.00	Director	$0	$0	$0
BEA STOTZER	DIRECTOR	4.00	Director	$0	$0	$0
GARY CUNNINGHAM	PRESIDENT & CEO (UNTIL 6/23)	40.00	Officer	$288,886	$36,382	$325,268
TARA KENCHEN	COO (UNTIL 8/23)	40.00	Officer	$164,751	$15,183	$179,934
NATALIE EVANS HARRIS	EXECUTIVE DIRECTOR (UNTIL 5/23)	40.00	Key Emp	$252,589	$16,199	$268,788
JAE HENDERSON	DIRECTOR PRODUCT	40.00	Key Emp	$198,604	$25,368	$223,972
CHERIE COLLINS SIMS	CHIEF STRATEGY & INNOVATION OFFICER	40.00	Highest	$315,354	$32,716	$348,070
MARY-FRANCES WAIN	CHIEF ENGAGEMENT OFFICER	40.00	Highest	$282,695	$26,325	$309,020
JENNIFER BROOME	VICE PRESIDENT, PHILANTHROPY	40.00	Highest	$238,122	$24,006	$262,128
CHANDA LUPUNGA-PHILLIPS	VICE PRESIDENT, TALENT & CULTURE	40.00	Highest	$202,443	$29,790	$232,233
DOUGLAS RYAN	VP, POLICY APPLIED RESEARCH	40.00	Highest	$214,981	$15,570	$230,551

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
2024	No data	No data	No data	No data
2023	$20,410,607	$25,139,910	$24,905,014	$-4,729,303
2022	$17,231,034	$24,165,756	$25,395,474	$-6,934,722
2021	$24,644,874	$17,332,743	$29,090,376	$7,312,131
2020	$11,017,841	$12,600,388	$19,779,417	$-1,582,547
2019	$13,376,948	$13,464,312	$19,758,314	$-87,364
2018	$12,407,376	$14,605,187	$18,901,171	$-2,197,811

PROSPERITY NOW