PROSPER EDUCATION FOUNDATION: Form 990EZ, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- PROSPER EDUCATION FOUNDATION (EIN 75-2662259)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-02-12
- IRS object ID
- 201630439349200613
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-02-12T10:56:31-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 472391961 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNN A GROSS CPA LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1208 | AddressLine1Txt |
| City | PROSPER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752662259 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROSPER EDUCATION FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PROS | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 605 E 7TH ST | AddressLine1Txt |
| City | PROSPER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75078 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID BLOM | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Signature | 2016-02-04 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DIANNE G KERR CPA | PreparerPersonNm |
| PTIN | P00431001 | PTIN |
| Phone | 9723463100 | PhoneNum |
| Preparation | 2016-02-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $132,521 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $84,912 | ContributionsGiftsGrantsEtcAmt |
| Fundraising Gross Income | $47,609 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $13,563 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $34,046 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $118,958 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $43,000 | GrantsAndSimilarAmountsPaidAmt |
| Other Expenses Total | $1,042 | OtherExpensesTotalAmt |
| Total Expenses | $44,042 | TotalExpensesAmt |
| Excess Or Deficit For Year | $74,916 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $313,301 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $388,217 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $313,301 | BOYAmt |
| EOY | $357,967 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $30,250 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $313,301 | BOYAmt |
| EOY | $388,217 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $313,301 | BOYAmt |
| EOY | $388,217 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | ASSIST STUDENT ACTIVITIES | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| TEACHER GRANTS | ||
| SCHOLARSHIPS | ||
| N/A | $43,000 | $44,042 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $44,042 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| MARCELLUS RAINEY | ||
| VICE-PRESIDE | 000.00 | $0 |
| HEATHER REYNOLDS | ||
| PRESIDENT | 000.00 | $0 |
| DAVID BLOM | ||
| TREASURER | 000.00 | $0 |
| MATT COX | ||
| SECRETARY | 000.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JUDY BOLEN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 158 | AddressLine1Txt |
| City | PROSPER | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4692192025 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,104 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $38,758 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,324 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $36,728 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $84,912 | CurrentTaxYearAmt |
| Total | $206,826 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,341 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,438 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,251 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $48,709 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,609 | CurrentTaxYearAmt |
| Total | $139,348 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,445 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $55,196 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,575 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $85,437 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $132,521 | CurrentTaxYearAmt |
| Total | $346,174 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $346,174 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,445 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $55,196 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,575 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $85,437 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $132,521 | CurrentTaxYearAmt |
| Total | $346,174 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $47,609 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $47,609 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $13,563 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $47,609 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $47,609 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $13,563 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $13,563 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $34,046 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 10 | 43,000 0 0 |
| FORM 990-EZ, PART I, LINE 16 | EXPENSES BANK CHARGES 755 OFFICE EXPENSE 287 TOTAL 1,042 |
| FORM 990-EZ, PART II, LINE 24 | PLEDGES RECEIVABLE 0 30,250 TOTAL 0 30,250 |
| FORM 990-EZ, PART III, LINE 31 | N/A |
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