Charity Search / PROSPER FOUNDATION
Human Services (P20) IRS Verified DX Registered 990 on File

PROSPER FOUNDATION

EIN: 87-1572206 · BIRMINGHAM, AL 35203-2082 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
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Mission Statement

Prosper is a nonprofit with a vision to build the most inclusive and thriving economy in the Southeast. Prosper works to align Jefferson County and accelerate progress towards a shared vision for transformational inclusive economic growth by connecting, convening people and organizations to align our efforts and invest in big, collaborative ideas that will help transform our economy.

Financial Overview — FY 2024
$4.3M
Total Revenue
$5.0M
Total Expenses
$5.8M
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 90.3%
Fundraising Efficiency N/A
Operating Reserve 14.03x
Liability-to-Asset 2.7%
Revenue Diversification 96.7%
Executive Compensation $260K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $4.3M $5.0M $5.8M 90.3% 6
2023 $5.5M $4.0M N/A 6
2022 $0 $0 N/A 1
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Organization Details
EIN
87-1572206
State
AL
City
BIRMINGHAM
ZIP
35203-2082
Classification
P20
Category
Human Services
Rating
54★
Last Updated
Aug 2026
IRS Ruling Year
2023
Foundation Code
15
Form 990
On File
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