PROSPER FOUNDATION

Reduce your risk when donating: see where the money actually goes.

2024 · Form 990 · revenue $4.3M · expenses $5.0M · assets $6.0M

EIN

87-1572206

Address

1721 3RD AVE N STE 202, BIRMINGHAM, AL 35203-2082

Website

WWW.PROSPERBHAM.COM

NTEE code

P20 Human Service Organizations (Human Services) published (IRS Business Master File)

Exempt type

501(c)(3): charitable, religious, educational, scientific or literary (corporation)

Ruling date

October 2024 (when the IRS recognized its exemption)

IRS status

Exempt: reinstated May 15, 2024 after an automatic revocation on May 15, 2024 IRS data ↗

Tax-deductible donations

Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗

Foundation status

Public charity supported by the public (170(b)(1)(a)(vi))

Cross-check

ProPublica Nonprofit Explorer

Mission

PROSPER IS A COALITION OF COMMUNITY, CIVIC, AND BUSINESS LEADERS COMMITTED TO CREATING THE MOST THRIVING ECONOMY IN THE SOUTHEAST BY ALIGNING BIRMINGHAM AND JEFFERSON COUNTY AROUND JOB CREATION, JOB PREPARATION, AND JOB ACCESS GOALS AND STRATEGIES.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

Officers and directors, no compensation reported

25 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

People by year

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

• BIRMINGHAM BUSINESS ALLIANCE Birmingham, AL · 11 people in common (John Sherman, John Turner, Lee J Styslinger III)
• LEADERSHIP BIRMINGHAM INC AN Birmingham, AL · 7 people in common (Dawn Bulgarella, John Turner, Mark Crosswhite)
• UNITED WAY OF CENTRAL ALABAMA INC Birmingham, AL · 5 people in common (Anoop Mishra, John Turner, Leroy Abrahams)
• BIRMINGHAM EDUCATION FOUNDATION Birmingham, AL · 5 people in common (Dr Anthony Hood, Jw Carpenter, Khadijah Abdullah)
• UNIVERSITY OF ALABAMA HEALTH SERVICES FOUNDATION PC Birmingham, AL · 4 people in common (Dawn Bulgarella, Lee J Styslinger III, Mark Crosswhite)
• UAB ATHLETICS FOUNDATION Birmingham, AL · 4 people in common (Randall Woodfin, Ray Watts, Sanjay Singh)
• UAB MEDICINE ENTERPRISE Birmingham, AL · 3 people in common (Dawn Bulgarella, Mark Crosswhite, Ray Watts)
• SOUTHERN RESEARCH INSTITUTE Birmingham, AL · 3 people in common (Lee J Styslinger III, Mark Crosswhite, Ray Watts)
• BIRMINGHAM PROMISE INC Birmingham, AL · 3 people in common (Khadijah Abdullah, Leroy Abrahams, Ralph Williams)
• BUSINESS COUNCIL OF ALABAMA Montgomery, AL · 3 people in common (John Turner, Mark Crosswhite, Tim Vines)
• HISPANIC AND IMMIGRANT CENTER OF Birmingham, AL · 3 people in common (Jw Carpenter, Ralph Williams, Randall Woodfin)
• WORKSHOPS EMPOWERMENT INC Birmingham, AL · 3 people in common (Anoop Mishra, Chris Kramer, Leroy Abrahams)
• WOODLAWN UNITED INC Birmingham, AL · 3 people in common (Dr Anthony Hood, Leroy Abrahams, Ralph Williams)
• REV BIRMINGHAM INC Birmingham, AL · 3 people in common (Anoop Mishra, Leroy Abrahams, Staci Pierce)
• URBAN IMPACT INC Birmingham, AL · 3 people in common (Bonderia Lyons, Dr Anthony Hood, Ralph Williams)
• KIWANIS INTERNATIONAL INC Birmingham, AL · 3 people in common (Anoop Mishra, Dr Anthony Hood, Jw Carpenter)
• BIRMINGHAM KIWANIS FOUNDATION Birmingham, AL · 3 people in common (Anoop Mishra, Dr Anthony Hood, Jw Carpenter)
• BIRMINGHAM BUSINESS ALLIANCE FOUNDATION Birmingham, AL · 3 people in common (Mark Crosswhite, Mark Tarr, Ray Watts)
• RED MOUNTAIN THEATRE COMPANY INC Birmingham, AL · 2 people in common (Chris Kramer, Ralph Williams)
• THE EYE FOUNDATION INC Birmingham, AL · 2 people in common (Dawn Bulgarella, Ray Watts)

Funders of this organization

8 grantors reported grants to this organization, $2,171,965 in all, tax years 2023 to 2025. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

Nearby + Similar BETA

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.