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Nonprofiteer
← PRIME PRODUCE LIMITED

Form 990 for tax year 2024

Filed by PRIME PRODUCE LIMITED.

Totals

Total revenue
$464,471
Total expenses
$470,934
Contributions and grants received
$454,546
Grants paid
$0
Program service revenue
$7,736
Investment income
$1,998
Other revenue
$191
Total assets, end of year
$220,973
Total liabilities, end of year
$10,130
Net assets or fund balances, end of year
$210,843
Program services expenses (Part IX)
$404,009
Management and general expenses
$66,925
Fundraising expenses
$0
Program service expenses (Part III)
$404,009

Program services were 85.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $454,546

  • 2a · Program service revenue: Program Income

    total $7,736 · related or exempt $7,736

  • 3 · Investment income

    total $1,998 · excluded $1,998

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Other Income

    total $191 · related or exempt $191

  • 11e · Other revenue, total

    $191

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $50,529 · management and general $50,529

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $368,878 · program services $363,403 · management and general $5,475

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $13,709 · program services $10,215 · management and general $3,494

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $5,462 · program services $5,462

  • 17 · Travel

    total $8,431 · program services $8,192 · management and general $239

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $5,416 · program services $5,416

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $3,732 · program services $217 · management and general $3,515

  • 24a · Other expenses: Miscellaneous

    total $8,777 · program services $8,604 · management and general $173

  • 24b · Other expenses: Bad Debt

    total $3,500 · management and general $3,500

  • 24c · Other expenses: Participant honorarium

    total $2,500 · program services $2,500

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $241,190 · end of year $91,717

  • 2 · Savings and temporary cash investments

    beginning of year $1,412 · end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $4,100 · end of year $1,523

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $972 · end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $127,733

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,837 · end of year $10,130

  • 25 · Other liabilities

    beginning of year $2,350

  • 27 · Net assets without donor restrictions

    beginning of year $195,274 · end of year $175,546

  • 28 · Net assets with donor restrictions

    beginning of year $22,213 · end of year $35,297

Mission and programs · 2024

Mission

PRIME PRODUCE LIMITED (PPL) IS ORGANIZED TO ENCOURAGE AND SUPPORT OTHER PERSONS AND EXEMPT ORGANIZATIONS, EMPOWERING FUTURE PHILANTHROPISTS THROUGH PROGRAMS AND PROJECTS.

  • Emergent Works: PPLs partnership with Emergent Works, Serving Justice-Impacted Communities strengthened its foundation through intentional growth and capacity-building initiatives that aligned with our mission to close digital literacy and racial wealth gaps. In 2024, the initiative maintained its flagship programs supporting just-impacted communities with an internal focus on staff/leadership Development and operational efficiency. 70% of T.RAP participants complete the program, achieving key milestones such as conducting research, creating original music, developing a website, building a resume, setting up an Upwork profile, and participating in a public performance.

    Expenses $269,832 · Revenue $5,312

  • Other programs:PPL continues to maintain a small portfolio of programs led by grassroots nonprofit leaders. Longstanding programs like GROW Externships, Seeds to Soil, and Design Dream Lab continued their programming throughout 2024. Newer initiatives continued to develop their programming like Earthlings.NYC (organizing their 2nd annual NYC Charity Turtle Race and new invertebrate zoology education programs) and Our Secret Ingredient is Love (organizing educational, participatory, plant-based food events through the lens of important cultural holidays such as Lunar New Year, Tombsweeping Day, and Diwali).

    Expenses $82,419 · Revenue $2,424

  • Our Collective Becoming:OCB continues its programming focused around social repair: co-creating a web of belonging in a time of intensified grief and accelerating forms of collapse and devastation: climate grief, interpersonal grief, accelerating global violence, moral devastation, symbolic devastation, the collapse of our political order, and the violence of our reigning economic order. Through community dinners, speaking engagements, and facilitated mutual aid networks, OCB continued to build on its mission of imagining and bring to life another world through a politics of en conjunto, or togetherness.

    Expenses $51,758

As filed on the 2024 return.

Listed in Part VII

  • Jerone Hsu

    President

    Total calculated
    $0
    Hours/week
    20
  • James Williams

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Ling Kong

    Secretary

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
16 November 2025
IRS schema version
2024v5.2
Source object
202533209349301798

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