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Nonprofiteer
← PROSPERITY LAB

Form 990 for tax year 2022

Filed by PROSPERITY LAB.

Totals

Total revenue
$640,834
Total expenses
$423,635
Contributions and grants received
$237,952
Grants paid
$2,100
Program service revenue
$402,882
Investment income
$0
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$125,060
Management and general expenses
$189,235
Fundraising expenses
$109,340
Program service expenses (Part III)
$125,060

Program services were 29.5% 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.

  • 1b · Membership dues

    -$155

  • 1c · Fundraising events

    $75,000

  • 1e · Government grants (contributions)

    $81,375

  • 1f · All other contributions, gifts and grants

    $81,732

  • 2f · All other program service revenue

    total $402,882 · unrelated business $0 · excluded $201,441

  • 8a · Fundraising events: contributions included on line 1c

    $75,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,100 · program services $2,100

  • 5 · Compensation of officers, directors and key employees

    total $70,228 · program services $0 · management and general $70,228 · fundraising $0

  • 7 · Other salaries and wages

    total $268,837 · program services $69,684 · management and general $93,303 · fundraising $105,850

  • 10 · Payroll taxes

    total $6,737 · program services $0 · management and general $3,910 · fundraising $2,827

  • 11b · Fees: legal

    total $500 · program services $500 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $1,640 · program services $0 · management and general $1,640 · fundraising $0

  • 12 · Advertising and promotion

    total $18,952 · program services $18,952 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $13,314 · program services $0 · management and general $13,314 · fundraising $0

  • 16 · Occupancy

    total $19,357 · program services $19,357 · management and general $0 · fundraising $0

  • 17 · Travel

    total $3,078 · program services $3,078 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $1,275 · program services $1,275 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $4,863 · program services $4,200 · management and general $0 · fundraising $663

  • 23 · Insurance

    total $1,770 · program services $1,770 · management and general $0 · fundraising $0

  • 24a · Other expenses: POSTAGE

    total $5 · program services $5 · management and general $0 · fundraising $0

  • 24b · Other expenses: PENALTIES

    total $5,340 · program services $0 · management and general $5,340 · fundraising $0

  • 24c · Other expenses: PROGRAM EXPENSES

    total $1,500 · program services $0 · management and general $1,500 · fundraising $0

  • 24d · Other expenses: BANK FEES

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $4,139 · program services $4,139 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,025

  • 27 · Net assets without donor restrictions

    beginning of year $20,416

  • 28 · Net assets with donor restrictions

    beginning of year $3,609

Mission and programs · 2022

Mission

PROSPERITY LAB SERVES MICRO-ENTERPRISES, SMALL BUSINESSES, ORGANIC BUSINESS, STUDENTS, LOW INCOME RESIDENTS, AND GUIDANCE ON ENTERPRENEURSHIP IN SANTA CLARA & SAN MATEO COUNTY

  • Provided small mini grants to cohort programs participants raging between $500 to $1000 to be utilized towards their business programs

    Expenses $2,100 · Revenue $2,100

  • Provided human resources business skills training, mentoring and shared resources to remedy HR compliance issues to over 500 unique business. Served food service industry businesses in HR Training, provided operation certification trainings and mentoring to avoid labor violations and unique food service businesses in Santa Clara County

    Expenses $72,960 · Revenue $72,960

  • Our Digigal Equity Lab provided digital tools training to help develop a web presence to over 122 women-owned businesses in California's central valley and developed and launched 41 new websites. We provided resources and information on digitizing your business to ver 352 businesses.

    Expenses $50,000 · Revenue $50,000

As filed on the 2022 return.

Listed in Part VII

  • Miriam M Hernandez

    EXECUTIVE DIRECTOR

    Total calculated
    $65,475
    From this org
    $65,475
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Schedule J

Itemized on Schedule J with no Part VII listing of the same name on this return:

  • Mujer Extraordinaria Enterp

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $70,228
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $70,228
  • Premier Foods

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $73,189
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $73,189
  • Marketea

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $40,708
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $40,708
  • Better Than Enough

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $18,583
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $18,583
  • Crowder Consulting

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $16,190
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $16,190
  • Human Leap

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $15,975
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $15,975
  • Gps

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $11,175
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $11,175
  • Lba

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $9,370
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $9,370
  • Jim Nguyen

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $6,428
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $6,428
  • Cr Consulting

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $3,975
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $3,975
  • Momentous Events By Design

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $3,245
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $3,245
  • Brandon Jordan

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $2,745
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $2,745
  • Fernando Perez

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $1,425
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $1,425
  • Bich-Lien T Phan

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $1,200
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $1,200
  • Code Modules Inc

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $900
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $900
  • Brianna Ricardez

    Schedule J breakdown

    Base
    $34,238
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $34,238
  • Alicia Hernandez

    Schedule J breakdown

    Base
    $24,850
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $24,850
  • Aline Ponza Solis

    Schedule J breakdown

    Base
    $132
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $132
  • Mujer Extraordinaria Enterp

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $70,228
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $70,228

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
29 January 2024
IRS schema version
2022v5.0
Source object
202440299349302319

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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