Overview
What is Why Not Prosper?
Why Not Prosper is a nonprofit organization that focuses on aiding female ex-offenders as they reintegrate into society after serving their sentences. This organization provides essential assistance to help these women navigate their new lives, enabling them to return to society with support. The specific services offered by Why Not Prosper include assistance in transitioning from prison back to society. The organization's mission is clear and dedicated to supporting female ex-offenders, ensuring they have the resources and guidance needed to rebuild their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating. This rating reflects the overall accountability and financial health of Why Not Prosper, indicating significant areas for improvement. The organization has earned a low score primarily due to issues related to transparency and governance.
One of the strengths of Why Not Prosper is its independent board, which consists of 100% independent members, demonstrating a commitment to oversight and potentially reducing conflicts of interest. Additionally, the organization shows a strong program expense ratio of 75.64%, suggesting that the majority of its resources are directed towards its mission-related activities.
However, notable limitations include the lack of financial statements and missing policies related to conflict of interest, whistleblowing, and document retention. These deficiencies contribute to the low score in accountability and finance, which may affect the trust of potential donors and stakeholders. Addressing these issues could enhance the organization's overall standing and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Why Not Prosper legitimate?
Why Not Prosper is a legitimate nonprofit organization registered as a 501(c)(3) entity. Why Not Prosper 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: $61,664
Professional Fundraising Fees: $53,161
Other Salaries and Wages: $126,670
For more financial information, click here
What is the mission statement of Why Not Prosper?
Why Not Prosper, an organization, is committed to aiding female ex-offenders in their transition from prison to society. Its mission is to provide the necessary assistance to facilitate their successful re-entry into society. The organization's efforts are geared towards helping these women overcome the challenges they face during this critical period, enabling them to rebuild their lives and integrate back into society. Why Not Prosper offers a range of support services, including guidance, resources, and counseling, to empower these women and equip them with the skills necessary for a smoother reintegration.
Who is the CEO of Why Not Prosper?
Michelle Simmons is the Chairperson of Why Not Prosper. The CEO's salary of Why Not Prosper is $0 and their total compensation is $0.
What is the revenue of Why Not Prosper?
Why Not Prosper's revenue in 2022 was $1,072,922.
Who are the executives of Why Not Prosper and what are their salaries?
The average compensation at Why Not Prosper during 2022 was $47,084. There are 4 employees at Why Not Prosper.
Here are 5 key members and their salaries (Why Not Prosper's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Why Not Prosper?
Why Not Prosper's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Why Not Prosper
Why Not Prosper, a nonprofit organization, is dedicated to aiding female ex-offenders in their transition from prison back to society. The primary mission of Why Not Prosper is to provide support and resources to help these women successfully reintegrate into their communities. By offering assistance, Why Not Prosper aims to empower female ex-offenders, enabling them to return to society as productive and self-sufficient individuals. The organization's goal is to facilitate a smoother transition, ultimately reducing the likelihood of recidivism and promoting a more sustainable reentry process.
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
Why Not Prosper has a significant impact on the lives of female ex-offenders by facilitating their transition from prison back to society. By providing essential resources and support, the organization helps these women regain their sense of agency and rebuild their lives in Norristown, PA.
The assistance offered includes practical resources such as job training, educational opportunities, and counseling services, which are crucial for enabling these women to reintegrate successfully. By addressing the unique challenges faced by female ex-offenders, Why Not Prosper fosters a supportive community that empowers them to overcome barriers and pursue a productive future. This work not only benefits the individuals directly involved but also contributes to broader community improvement by reducing recidivism and promoting social cohesion.
This information is meant to be a general summary of Why Not Prosper. 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.
- Gross Receipts: $1,072,922
Assets and Liabilities:
- Total Assets: $627,793
- Total Liabilities: $593,468
- Net Assets: $34,325
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Phone
(215) 842-2360Principal Officer
Michelle Simmons
Main Address
PO BOX 949, NORRISTOWN, PA, 19404
NTEE Category
Code: S30 - Community improvement
If you are a representative of Why Not Prosper 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.