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Prosperity Social & Community Development Group Inc

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

EIN: 453110101 ✦ North miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Prosperity Social & Community Development Group Inc?

Prosperity Social & Community Development Group Inc, located in North Miami, Florida, is a nonprofit organization that focuses on promoting social and economic development in underserved communities across Miami-Dade County. They primarily serve minority groups, immigrants, women, teen girls, the homeless, and ex-offenders. Since 2014, their Shine Bright program has been providing academic support to over 500 children, particularly English Language Learners, with services such as homework assistance, standardized test prep, and intensive reading help. The organization also organizes an affordable summer camp to prevent summer learning loss. With a team of 29 employees, Prosperity Social & Community Development Group Inc strives to create opportunities that foster growth and revitalization in these communities.


Official website here: www.p-scdg.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

Prosperity Social & Community Development Group Inc demonstrates strong accountability and finance practices, achieving a perfect score of 100% in this category. The organization boasts a fully independent board and effective oversight mechanisms, including a well-managed audit committee. However, its performance is diminished by some notable shortcomings, particularly in governance policies such as the absence of a whistleblower policy and a document retention policy.

While the organization allocates a substantial portion of its budget to programs, with a program expense ratio of 70.19%, its financial health is concerning due to a high liabilities-to-assets ratio of 165.69%. This could indicate potential financial instability, raising questions about the organization's long-term sustainability. Additionally, the failure to post tax forms on its website could limit transparency and accountability.

Overall, while Prosperity Social & Community Development Group Inc demonstrates significant strengths in financial accountability and program expenditure, it faces challenges regarding governance policies and financial health that may impact stakeholder trust and operational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Prosperity Social & Community Development Group Inc legitimate?

Prosperity Social & Community Development Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prosperity Social & Community Development Group 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: $344,520
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.p-scdg.org

What is the mission statement of Prosperity Social & Community Development Group Inc?

Prosperity Social & Community Development Group Inc's mission is centered around stimulating and revitalizing social and economic development in under-served communities in Miami-Dade County. The organization specifically caters to minority groups, immigrants, women, teen-girls, the homeless, and ex-offenders. They create opportunities to empower these groups, aiming to improve their livelihoods and overall well-being.

One of their key initiatives is the Shine Bright program, which offers academic support to over 500 children since 2014. This program focuses on English Language Learners (ELL) to mitigate the challenges caused by language barriers and provide additional assistance with homework, standardized tests, reading, and school projects. During the summer, they also run a Shine Bright Literacy Summer Camp to prevent summer learning loss, utilizing input from teachers to tailor the curriculum.


Official website here: www.p-scdg.org

Who is the CEO of Prosperity Social & Community Development Group Inc?

Nadege Vilsaint is the Executive Director of Prosperity Social & Community Development Group Inc.


Official website here: www.p-scdg.org

What is the revenue of Prosperity Social & Community Development Group Inc?

Prosperity Social & Community Development Group Inc's revenue in 2022 was $496,721.


Official website here: www.p-scdg.org

Who are the executives of Prosperity Social & Community Development Group Inc and what are their salaries?

The average compensation at Prosperity Social & Community Development Group Inc during 2022 was $10,613. There are 29 employees and 20 volunteers at Prosperity Social & Community Development Group Inc.


Here are 6 key members and their salaries:


Nadege Vilsaint (Executive Director)
  • Compensation: $83,200
  • Related: $0
  • Other: $0
Carolyn Franci-Royer (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Jules (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Witza Nizsa (Secreatary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katia Despagne (Vice-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Rodriguez (Board Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.p-scdg.org

Where can I find the form 990 for Prosperity Social & Community Development Group Inc?

Prosperity Social & Community Development Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.p-scdg.org

Learn more at the official website: www.p-scdg.org

Mission Statement of Prosperity Social & Community Development Group Inc

Prosperity Social & Community Development Group Inc is committed to stimulating and revitalizing social and economic development in under-served communities throughout Miami-Dade County. This mission is particularly focused on serving minority groups, immigrants, women, teen-girls, the homeless, and ex-offenders. The organization aims to create opportunities for these groups, providing them with the resources and support they need to thrive in their communities.

One of the ways Prosperity Social & Community Development Group Inc fulfills this mission is through its Shine Bright program. This after-school and summer camp initiative provides academic support to over 500 children, specifically targeting English Language Learners (ELL). The program aims to mitigate the challenges created by the language barrier and offers services such as homework assistance, standardized test prep, intensive reading help, and assistance with school projects. The Shine Bright Literacy Summer Camp is a continuation of these objectives, providing an affordable summer camp to minimize summer learning loss in all academic areas.

In summary, Prosperity Social & Community Development Group Inc is a nonprofit organization dedicated to uplifting under-served communities in Miami-Dade County. Through its programs and initiatives, it provides support and resources to minority groups, immigrants, women, teen-girls, the homeless, and ex-offenders, with a particular focus on English Language Learners. The organization's Shine Bright program offers academic support during the school year and summer, helping to mitigate the challenges created by the language barrier and minimize summer learning loss.

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Impact




July, 2024

Prosperity Social & Community Development Group Inc has made a significant impact by creating opportunities to stimulate and revitalize social and economic development in under-served communities throughout Miami-Dade County. Through their Shine Bright program, they have provided academic support to more than 500 children since 2014, specifically targeting English Language Learners to help mitigate the challenges created by the language barrier. The program offers homework assistance, standardized test preparation, intensive reading help, and support with school projects, among other services. Additionally, their Shine Bright Literacy Summer Camp helps minimize summer learning loss in all academic areas. By focusing on serving minority groups, immigrants, women, teen girls, the homeless, and ex-offenders, Prosperity Social & Community Development Group Inc is making a positive impact in the community and promoting social and economic development.




This information is meant to be a general summary of Prosperity Social & Community Development Group 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
$672,305 (2022)
Expenses
$670,299 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $40,253
  • Gross Receipts: $496,721

Assets and Liabilities:

  • Total Assets: $72,181
  • Total Liabilities: $258,928
  • Net Assets: -$186,747

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Programs

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

Educational Support Services

Revenue

$40,253

Organization Details

Founding Year

2011

Principal Officer

Nadege Vilsaint

Main Address

1175 NE 125TH ST STE 400, NORTH MIAMI, FL, 331615011

NTEE Category

Code: P60 - Human services

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