PROSPERITY LAB

SAN JOSE, CA, 95110-2940 (408) 896-2336 Est. 2021 EIN 85-0495873

S30 - Economic Development 990 - Public charity return 501(c)(3)

www.prosperitylab.org

Mission

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

Financials

Total Revenue

$753,622

Total Expenses

$592,270

Net Assets

$161,352

6 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

3.3 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 0.8%

Expenses ↑ 7.4%

Revenue Sources

Contributions 100.0%

Expense Breakdown

Program 57.3% Management 36.8% Fundraising 5.9%

Officers & Key Employees (7)

Individual compensation is available on Grow plans.

Grants Received (12)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$753,622 ↓	$592,270	$161,352
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$759,710 ↑	$551,398	$0
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$640,834 ↑	$423,635	$0
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$292,908 ↑	$319,713	$24,025
2020 990-EZ - Short-form return Apr 13, 2020 to Dec 31, 2020	$150,345	$65,595	$88,064