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Nonprofit · EIN 11-3225537

PROSPECTUS INC

Tax-exempt (reinstated) · BROOKLYN, NY 11215

Financials

$71K$78K2024$83K$49K2025
Revenue Expenses · by fiscal year end
Financials of PROSPECTUS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$82,744$48,690$34,054$46,058$0$46,058
December 31, 2024990-EZ$71,116$78,200-$7,084$12,004$0$12,004
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Program service revenue
$3,700
Other revenue
$79,044

Expenses

Grants and similar amounts paid
$2,880
Compensation of officers, directors and key employees
$0
Occupancy
$23,778
Other expenses
$22,032

Balance sheet and other

Total assets, start of year
$12,004
Total assets, end of year
$46,058
Total liabilities, end of year
$0
Net assets, end of year
$46,058
Cash, savings and investments
$17,292
Gross receipts
$82,744

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Michael NilsenTREASURER5$0
990-EZ for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
Michael NilsenTREASURER5$0

Address and contacts

Address (IRS master file)
1511 10TH AVE, BROOKLYN, NY 11215-5903
In care of
% M NILSEN
Mailing address (990-N for 2023)
1511 Tenth Avenue, BROOKLYN NY 11215
Principal officer (990-N for 2023)
Michael Nilsen, 1511 Tenth Avenue, BROOKLYN NY 11215
Signed the 990-EZ
M NILSEN, Treasurer
Phone
(718) 998-3149
Return prepared by
Macanta Business Services

Mission

TO PROVIDE A MEETING PLACE FOR KN

990-EZ for the year ended December 31, 2025

Program accomplishments

  • PROVIDES A PLACE FOR THE KNIGHTS OF COLUMBUS AND OTHER CHARITABLE ORGANIZATIONS TO MEET AND CONDUCT MEETINGS

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
11-3225537
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$46,058
Income (IRS master file)
$82,744

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
May 13, 2013
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$82,744$48,690$46,058XML
990-EZDecember 2024$71,116$78,200$12,004XML
990-N for 2023
Officer: Michael Nilsen
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: COLIN MCDONALD
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: COLIN MCDONALD
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: COLIN MCDONALD
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3225537).

Questions about PROSPECTUS INC

What is the EIN of PROSPECTUS INC?
The employer identification number (EIN) of PROSPECTUS INC is 11-3225537.
Is PROSPECTUS INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to PROSPECTUS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PROSPECTUS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PROSPECTUS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROSPECTUS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of PROSPECTUS INC?
The 990-N for 2023 names Michael Nilsen.
Who are the officers and directors of PROSPECTUS INC?
The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does PROSPECTUS INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $82,744, expenses of $48,690 and total assets of $46,058 at year end.

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