Nonprofit · EIN 47-3608867
PROSPERITY WAY INC
Tax-exempt · BEVERLY HILLS, CA 90211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2023 | 990-EZ | $185,270 | $137,770 | $47,500 | $29,501 | $9,690 | $19,811 |
Financial details: 990-EZ for the year ended June 30, 2023
Revenue
- Program service revenue
- $157,270
- Other revenue
- $28,000
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $19,548
- Occupancy
- $91,308
- Printing, publications and postage
- $234
- Other expenses
- $26,680
- Program services (functional)
- $137,770
Balance sheet and other
- Total assets, start of year
- $6,633
- Total assets, end of year
- $29,501
- Total liabilities, end of year
- $9,690
- Net assets, end of year
- $19,811
- Cash, savings and investments
- $23,459
- Gross receipts
- $185,270
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 June 30, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RYAN BROWN | Secretary | 0 | $0 |
| ANGELIQUE JACKSON | Treasurer | 0 | $0 |
| BRITTANY STROUD | CEO | 40 | $0 |
| LANCE JACKSON | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 8306 WILSHIRE BLVD 368, BEVERLY HILLS, CA 90211-2304
- In care of
- % BRITTANY STROUD
- Mailing address (990-N for 2017)
- 8306 Wilshire Blvd 368, BEVERLY HILLS CA 90211
- Principal officer (990-N for 2017)
- Brittany Stroud, 5121 Village Green, Los Angeles CA 90016
- Signed the 990-EZ
- BRITTANY STROUD, CEO
- Phone
- (714) 440-4839
- Website
- www.prosperityway.org
- Return prepared by
- PROFIT & WEALTH TAX ADVISORS
California records
California keeps its own records of charities and corporations. Search them by EIN 47-3608867 or by the name PROSPERITY WAY INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PROVIDE HOUSING FOR FORMER FOSTER CARE
Program accomplishments
- PROVIDING HOUSING FOR FORMER FOSTER CARE YOUTHExpenses $103,328
- HELPING YOUTH WITH LIFE SKILLS, CASE MANAGEMENT, AND HOUSING RESOURCES FOR LIFE AFTER THE TRANSITIONAL HOUSING PROGRAM.Expenses $20,666
- PROVIDING GIFT CARDS TO YOUTH FOR HOUSEHOLD ITEMS, BUS PASSES, AND FOOD.Expenses $13,776
What it must file and when
IRS records say it files Not required. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | Not on file |
IRS record
- EIN
- 47-3608867
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Not required
- Category (NTEE)
- Housing and shelter (L41)
- Assets (IRS master file)
- $29,501
- Income (IRS master file)
- $185,270
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2023 | $185,270 | $137,770 | $29,501 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Brittany Stroud | December 31, 2017 | ≤ $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 47-3608867).
Questions about PROSPERITY WAY INC
- What is the EIN of PROSPERITY WAY INC?
- The employer identification number (EIN) of PROSPERITY WAY INC is 47-3608867.
- Is PROSPERITY WAY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to PROSPERITY WAY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROSPERITY WAY INC file?
- Form Not required.
- When is the next return of PROSPERITY WAY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROSPERITY WAY INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2023.
- Who is the principal officer of PROSPERITY WAY INC?
- The 990-N for 2017 names Brittany Stroud.
- Who are the officers and directors of PROSPERITY WAY INC?
- The 990-EZ for the year ended June 30, 2023 lists 4 people; 0 received compensation from the organization.
- How much revenue does PROSPERITY WAY INC have?
- On its 990-EZ for the year ended June 30, 2023 it reported revenue of $185,270, expenses of $137,770 and total assets of $29,501 at year end.
Other nonprofits in BEVERLY HILLS
- GREENBEAN VENTURES EIN 81-5069653 · last filed 990 for 2024
- BROWNS BRIDGE HOUSING INC EIN 46-5696758 · last filed 990-EZ for 2023
- HOME MADE PROJECT EIN 87-0909728 · last filed 990-N for 2025
- HONORABLE WORKS EIN 87-0897677 · last filed 990-N for 2024
- VETERANS ONLY EIN 47-2465508 · last filed 990-N for 2024
- CRESTS NEIGHBORHOOD ASSOCIATION EIN 20-4816054 · last filed 990-N for 2025
- MAPLE HOUSING FOUNDATION EIN 39-3242609 · last filed 990 for 2025
- HEARTGLOBAL LTD EIN 83-3435079 · last filed 990-N for 2024
All nonprofits in BEVERLY HILLS · California · Housing and shelter