PROSPERITY WORKS

ALBUQUERQUE, NM, 87102-3029 (505) 217-2747 Est. 1999 EIN 85-0466059

Y02— Mutual & Membership Benefit Form 990 501(c)(3)

WWW.PROSPERITYWORKS.NET

Mission

PROSPERITY WORKS BUILDS THE CAPACITY OF ORGANIZATIONS AND ADVOCATES FOR POLICIES THAT GENERATE ECONOMIC PROSPERITY FOR ALL NEW MEXICANS. THROUGH THIS WORK, WE IMPLEMENT A VISION THAT EVERY NEW MEXICAN HAS THE OPPORTUNITY, KNOWLEDGE AND RELATIONSHIPS TO ACHIEVE ECONOMIC PROSPERITY.

Financials

Total Revenue

$582,824

Total Expenses

$912,490

Net Assets

$371,540

6 employees 2 volunteers

From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve

4.9 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 12.0%

Expenses ↑ 13.5%

Revenue Sources

Contributions 61.7% Earned revenue 37.7% Investment 0.4%

Expense Breakdown

Program 90.8% Management 5.5% Fundraising 3.7%

Officers & Key Employees (7)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (20)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$582,824 ↓	$912,490	$371,540
2022 Form 990	$662,063 ↑	$803,844	$529,940
2021 Form 990	$660,541 ↑	$665,182	$678,871
2020 Form 990	$462,169 ↓	$657,966	$878,343
2019 Form 990	$1,020,246 ↓	$770,892	$1,074,887
2018 Form 990	$1,025,750 ↑	$1,381,804	$972,729
2017 Form 990	$752,349	$896,838	$1,328,783