THE PROSPERITY LAB (EIN 850495873) - 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

2021

Legal Domicile

Principal Officer

MIRIAM M HERNANDEZ

Phone

4088962336

Tax Period

2024-01-01 to 2024-12-31

THE PROSPERITY LAB, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $754K in total revenue in fiscal year 2024. The organization ran a surplus of $161K, a strong 21% operating margin.

Mission

PROSPERITY LAB SERVES MICRO-ENTERPRISES, SMALL BUSINESSES, ORGANIC BUSINESS, STUDENTS, LOW INCOME RESIDENTS, AND GUIDANCE ON ENTERPRENEURSHIP IN SANTA CLARA & SAN MATEO COUNTY

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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 $753,622

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $753,622

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,572

Fundraising Expenses $35,013

Program Expenses $339,307

Other Expenses $403,698

TOTAL EXPENSES $592,270

Year-over-Year Comparison

	2024	2023	Change
Revenue	$753,622	$759,710	0.0%
Expenses	$592,270	$551,398	+0.1%
Net Income	$161,352	$208,312	-0.2%

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

$89,438

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIRIAM M HERNANDEZ	PRESIDENT	40.00	Director	$89,438	$0	$89,438
CONNIE ALVAREZ	VICE PRESIDENT	1.00	Officer	$0	$0	$0
REYNA FERNANDEZ	MEMBER AT LARGE	0.25	Officer	$0	$0	$0
JORGE G CARRASCO	MEMBER AT LARGE	0.25	Officer	$0	$0	$0
MARIA FIDELINA SOLE	SECRETARY	1.00	Officer	$0	$0	$0
CLAUDIA LOPEZ	MEMBER AT LARGE	0.25	Officer	$0	$0	$0
ANTONIO AGUILAR JR	MEMBER AT LARGE	0.25		$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	$753,622	$592,270	$161,352	$161,352
2023	$759,710	$551,398	No data	$208,312
2022	$640,834	$423,635	No data	$217,199
2021	$292,908	$319,713	$24,025	$-26,805

THE PROSPERITY LAB