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
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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.
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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.
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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.
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
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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
Phone
(727) 266-0816Principal Officer
Jared Abelman
Main Address
13575 58TH STREET NORTH 107, CLEARWATER, FL, 337603755
Website
www.projectprosper.orgNTEE Category
Code: P99 - Human services
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