2022-11-15T08:15:51-08:00 2021-12-31 262490887 JOHN A WATTS CPA LLC 17 Clemens Ave Trumbull CT 06611 990 2021-01-01 474364468 THE PROSPERITY FOUNDATION INC PROS 2039091315 1287 Chapel St New Haven CT 06511 Orsella Hughes Executive Dir. 2022-11-15 true Orsella Hughes 999009999 John A Watts P00972561 2032613938 X 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Orsella Hughes 1287 Chapel St New Haven CT 065114514 846580 false X www.tpfct.org X 2015 CT Pursue charitable and educational activities to strengthen Connecticut's African- American/Black communities in areas such as economic development, education, and health. 8 8 2 7 0 288288 846553 0 40961 27 0 329249 846580 74237 232982 0 120434 0 0 40186 400209 114423 753625 214826 92955 475358 1358648 733332 475358 625316 Pursue charitable and educational activities to strengthen Connecticut's African- American/Black communities in areas such as economic development, education, and health. false false 141532 141532 Education Awarded 34 grants to various organizations conducting educational training in STEM programs, etc 53500 53500 Health Awarded 15 grants to various organizations conducting health screenings, educational, and instructional programs 37950 37950 Economic Development Awarded 11 grant to an organization in the AFRICAN/American community serving Hartford/New Haven/Fairfield county regions 232982 true false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 7 0 true 2 false false false false false false false false 0 false false false false false false false false false false X 8 8 false false false false false true false true true false false true true true true true true false false false X Howard K Hill 2039091315 1287 Chapel St New Haven CT 065114514 Orsella Hughes Executive Dir. 3.00 0.00 X 88461 0 0 Howard K Hill President 5.00 0.00 X X 0 0 0 Larry Conaway Vice President 3.00 0.00 X X 0 0 0 Cathy Graves Secretary 1.00 0.00 X X 0 0 0 Yves Joseph II Director 1.00 0.00 X 0 0 0 Valarie Shultz-Wilson Director 2.00 0.00 X 0 0 0 Brian H Cook Treasurer 3.00 0.00 X X 0 0 0 Donna M Lecky Director 1.00 0.00 X 0 0 0 88461 0 false false false 0 846553 846553 0 27 27 0 0 0 0 0 0 0 0 846580 27 232982 232982 0 0 0 88461 88461 0 22500 22500 0 0 9473 9473 21155 21155 0 4500 4500 0 0 0 0 8830 8830 7663 7663 37469 37469 0 0 8 8 0 20299 20299 0 0 0 1621 1621 Oth 2 296916 296916 Oth 1 1390 1390 Misc 230 230 Licenses & permits 128 128 0 753625 232982 520643 0 203803 46688 90272 0 0 0 0 0 0 0 0 271555 1221688 0 0 0 0 475358 1358648 733332 0 733332 X 203803 -686644 271555 1311960 475358 625316 475358 1358648 X 92955 57003 X false false false X 132227 96172 133890 288288 549637 1200214 0 0 132227 96172 133890 288288 549637 1200214 0 1200214 507 595 538 381 27 2048 0 0 1202262 0.99830 0.99750 X 28 941345 14370 1221688 true true 271555 941345 33199 14500 2351 7560 1221688 198161 41278 40961 2760 6085 271555 130935 57196 24247 11298 2919 198161 116712 26247 -5627 7040 1755 128537 59710 53836 14451 9977 1308 116712 1.00000 true false false Part V, Line 4: Intended uses of the endowment fund. Endowment Funds are used to provide funding and allow the organization to meet its charitable purposes for education, economic development, and health activities. The funds are also used to generate income thereby increasing the total amount available for use in accomplishing the organization's charitable purposes. Cathy Graves Director 2500 grant award false Orsella Hughes CEO 4500 Bookkeeping services false Donna M Lecky Director 12500 grant award false Schedule L, Part V Supplemental Information 1. Cathy Graves: Secretary and a director of the organization is a board member of an organization that was awarded grants totaling $2,500.002. Orsella Hughes: Chief Executive Officer provided bookkeeping and accounting services to the organization for fees totaling $4,500.003. Donna M. Lecky: A director is a member of an organization that was awarded a grant totaling $12,500.00 Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is prepared by an independent CPA, discussed and reviewed with Treasurer prior to review and discussion with all officers, the full board and governing body, and filing with the IRS. The review covers the financial information contained in Parts I, VII - IX as well as Schedule A. The review also covers management's responsibility and the programs financial and non financial information. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization has a conflict of interest policy that is completed annually by the officers and directors. If any conflicts are identified, it is the practice of management to review and monitor the conflicts. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The financial statements along with Form 990 and other required public documents are made available upon written request. Other Changes In Net Assets Or Fund Balances - Other Increases adj = $0 Other Changes In Net Assets Or Fund Balances - Other Increases Contributions - Comp Fnds = $35714 Other Changes In Net Assets Or Fund Balances - Other Increases Contributions - Dnr Fnds = $21289