nonprofit logo

Project Prosper Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208936475 ✦ Clearwater, FL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Project Prosper Inc?

Project Prosper Inc, situated in Clearwater, Florida, is a dedicated nonprofit organization that offers financial integration services and resources to empower recent immigrants and refugees in the Tampa Bay community. Their primary mission is to help these individuals achieve financial stability and inclusion. To accomplish this, they provide a loan program with a maximum limit of $2,500 at zero interest. This program comes with financial mentoring and a dollar-for-dollar match on the amounts earned in their savings accounts. In 2022, Project Prosper Inc assisted two individuals in this manner. With a workforce of four employees, the organization is committed to making a significant impact in the lives of the community's newcomers.


Official website here: www.projectprosper.org

Is Project Prosper Inc legitimate?

Project Prosper Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Prosper Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $81,318
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,316

For more financial information, click here


Official website here: www.projectprosper.org

What is the mission statement of Project Prosper Inc?

Project Prosper Inc's mission is centered around providing financial integration services and resources. The organization aims to empower recent immigrants and refugees in the community to achieve financial stability and inclusion. This is accomplished through the provision of financial mentoring, 0% interest loans, and matched savings programs. In 2022, Project Prosper Inc offered a dollar-for-dollar match on the savings earned by two immigrants and refugees. The organization's activities are geared towards fostering financial independence and inclusion among its target population.


Official website here: www.projectprosper.org

Who is the CEO of Project Prosper Inc?

Jared Abelman is the President of Project Prosper Inc.


Official website here: www.projectprosper.org

What is the revenue of Project Prosper Inc?

Project Prosper Inc's revenue in 2022 was $252,306.


Official website here: www.projectprosper.org

Who are the executives of Project Prosper Inc and what are their salaries?

The average compensation at Project Prosper Inc during 2022 was $36,408. There are 4 employees and 40 volunteers at Project Prosper Inc.


Here are 11 key members and their salaries:


Jared Abelman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gonzalez (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Knight (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ayled Ramos (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Auld (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Warren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Watt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Knight (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Christie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Nixon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faye Steinhauser (Executive Di)
  • Compensation: $81,318
  • Related: $0
  • Other: $0


Official website here: www.projectprosper.org

Where can I find the form 990 for Project Prosper Inc?

Project Prosper Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.projectprosper.org

Learn more at the official website: www.projectprosper.org

Mission Statement of Project Prosper Inc

Project Prosper Inc, a nonprofit organization, is committed to providing financial integration services and resources. Its mission is to empower recent immigrants and refugees residing in the Tampa Bay community, enabling them to achieve financial stability and inclusion. The organization offers various resources to help these individuals navigate the financial landscape of their new home. One of its key initiatives is a loan program that provides loans up to $2,500 at 0% interest. This program also includes financial mentoring and a matched savings component, where Project Prosper Inc matches the savings earned by the immigrants and refugees dollar for dollar. In 2022, the organization assisted two individuals through this program. By providing these services, Project Prosper Inc aims to bridge the financial gap faced by recent immigrants and refugees, enabling them to integrate more seamlessly into their new community.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Project Prosper Inc significantly impacts the Tampa Bay community by offering financial integration services that empower recent immigrants and refugees to achieve financial stability and inclusion. Through its loan program, the organization provides accessible financial support, offering loans of up to $2,500 at 0% interest. This assistance is complemented by financial mentoring, ensuring that borrowers not only receive funds but also guidance on effective money management.

In 2022, the organization facilitated the financial growth of two individuals by providing a dollar-for-dollar match on their savings, demonstrating a commitment to fostering financial habits that lead to long-term stability. By equipping recent arrivals with essential resources and support, Project Prosper Inc plays a crucial role in integrating immigrants and refugees into the economic fabric of the community, helping them navigate and thrive in their new environment.




This information is meant to be a general summary of Project Prosper Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$252,306 (2022)
Expenses
$210,736 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,580
  • Program Service Revenue: $15,000
  • Gross Receipts: $257,251

Assets and Liabilities:

  • Total Assets: $453,917
  • Total Liabilities: $4,821
  • Net Assets: $449,096

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM INCOME

Revenue

$15,000

Organization Details

Founding Year

2007

Principal Officer

Jared Abelman

Main Address

13575 58TH STREET NORTH 107, CLEARWATER, FL, 337603755

NTEE Category

Code: P99 - Human services

If you are a representative of Project Prosper Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.