Prosperity Unlimited Inc (EIN 582108838) - 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

1993

Legal Domicile

Principal Officer

Louise Mack

Phone

7049337405

Tax Period

2023-01-01 to 2023-12-31

Prosperity Unlimited Inc, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $583K in total revenue in fiscal year 2023. The organization ran a surplus of $130K, a strong 22% operating margin.

Mission

To educate individuals to build and maintain personal wealth that becomes the catalyst for personal and community sustainability and growth.

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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 $247,328

Program Service Revenue $292,023

Investment Income $25,768

Other Revenue $17,661

TOTAL REVENUE $582,780

Expense Breakdown

Grants Paid $0

Salaries & Benefits $301,665

Fundraising Expenses $6,620

Program Expenses $415,681

Other Expenses $150,700

TOTAL EXPENSES $452,365

Year-over-Year Comparison

	2023	2022	Change
Revenue	$582,780	$548,872	+0.1%
Expenses	$452,365	$483,679	-0.1%
Net Income	$130,415	$65,193	+1.0%

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

$105,733

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Louise Mack	CEO	55.00	Officer	$90,342	$15,391	$105,733
Annise Johnson	Treasurer	2.00	Officer Director	$0	$0	$0
Octavia Alexander	Chair	1.00	Officer Director	$0	$0	$0
Kim Middlebrooks	Vice Chair	0.50	Officer Director	$0	$0	$0
Mildred Crews	Secretary	0.50	Officer Director	$0	$0	$0
Tim Dietrich	Director	0.50	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
2024	No data	No data	No data	No data
2023	$582,780	$452,365	$3,484,893	$130,415
2022	$548,872	$483,679	$3,352,855	$65,193
2021	$512,735	$482,143	$3,287,662	$30,592
2020	$790,193	$433,330	$3,257,070	$356,863
2019	$940,483	$487,693	$2,997,039	$452,790
2018	$546,545	$442,293	$2,580,705	$104,252

Prosperity Unlimited Inc