Prosperity Denver Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842091903 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Prosperity Denver Fund?

Prosperity Denver Fund is a nonprofit organization based in Denver, Colorado. Its primary objective is to expand access to post-high school education for Denver residents and increase their education completion rate. By doing so, the organization aims to enhance the economic security and mobility of Denver residents and contribute to a stronger workforce and economy in Denver. In the year 2022, the Prosperity Denver Fund distributed over $5 million in reimbursements to 27 supported organizations, benefiting more than 1,800 scholars. The organization continues to collaborate with stakeholders to implement strategies for increasing the amount of funds distributed and scholars served. With a team of 3 dedicated employees, the Prosperity Denver Fund remains committed to its mission.


Official website here: www.prosperitydenverfund.org

Is Prosperity Denver Fund legitimate?

Prosperity Denver Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prosperity Denver Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $270,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.prosperitydenverfund.org

What is the mission statement of Prosperity Denver Fund?

The Prosperity Fund aims to expand access to post-high school education for individuals residing in the targeted area and increase their education completion rate. By investing in the education of these residents, the Fund intends to enhance their economic security and mobility, as well as strengthen the local workforce and economy. In 2022, the Prosperity Fund distributed over $5 million, supporting more than 1,800 scholars across various organizations. The Fund continues to collaborate with stakeholders to develop and implement strategies to distribute more funds and serve a larger number of scholars.


Official website here: www.prosperitydenverfund.org

Who is the CEO of Prosperity Denver Fund?

Matt Jordan is the Ceo of Prosperity Denver Fund. The CEO's salary of Prosperity Denver Fund is $167,885 and their total compensation is $167,885.


Official website here: www.prosperitydenverfund.org

What is the revenue of Prosperity Denver Fund?

Prosperity Denver Fund's revenue in 2022 was $14,622,453.


Official website here: www.prosperitydenverfund.org

Who are the executives of Prosperity Denver Fund and what are their salaries?

The average compensation at Prosperity Denver Fund during 2022 was $90,064. There are 3 employees at Prosperity Denver Fund.

Here are 8 key members and their salaries (Prosperity Denver Fund's CEO's salary is $167,885 and their total compensation is $167,885):

    Matt Jordan (Ceo)
  • Compensation: $167,885
  • Related: $0
  • Other: $0

    • Christopher Herndon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John H Kechriotis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Shoots (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Cobian (Secretary And Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Kurtz (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Goodman (Treasurer And Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa Pena (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.prosperitydenverfund.org

    Where can I find the form 990 for Prosperity Denver Fund?

    The Prosperity Denver Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.prosperitydenverfund.org

    Learn more at the official website: www.prosperitydenverfund.org

    Mission Statement of Prosperity Denver Fund

    Prosperity Denver Fund, a dedicated organization, strives to expand post-high school educational opportunities for Denver residents and increase their completion rates. This mission is an investment in the residents of Denver, enhancing their economic security and mobility while fortifying Denver's workforce and economy.

    Through strategic collaborations with various stakeholders, Prosperity Denver Fund has distributed millions in reimbursements to over 27 supported organizations since 2022, benefiting more than 1,800 scholars. The organization's unwavering commitment to education access is vital in enabling Denver residents to reach their full potential.

    Prosperity Denver Fund's mission is twofold. First, it aims to broaden access to post-secondary education for Denver residents, ensuring that no individual is left behind in their pursuit of knowledge and skills. Second, it strives to increase education completion rates, enabling scholars to reap the rewards of their hard work and dedication. This investment not only benefits the scholars but also strengthens the economic fabric of Denver by cultivating a skilled and educated workforce.

    Prosperity Denver Fund's unwavering dedication to the education and economic advancement of Denver residents has been evident through its successful reimbursement programs. As it continues to develop and implement strategies to increase the amount of funds distributed and scholars served, the organization remains a beacon of hope for those seeking to transform their lives and contribute to the prosperity of their community.

    Impact

    This information is meant to be a general summary of Prosperity Denver Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Prosperity Denver Fund's impact is significant in expanding access to post-high school education for Denver residents and increasing their education completion rate. Through its investments in Denver residents, the organization enhances economic security and mobility, ultimately strengthening Denver's workforce and economy. In 2022, Prosperity Denver Fund conducted its fourth round of reimbursements to 27 supported organizations, totaling more than $5 million and covering over 1,800 scholars. The organization continues to work closely with stakeholders to develop and implement strategies that aim to increase the amount of funds distributed and scholars served, thereby making a tangible difference in the educational opportunities available to Denver residents.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $125,251
  • Program Service Revenue: $0
  • Gross Receipts: $14,622,453

    • Assets and Liabilities:
  • Total Assets: $29,340,017
  • Total Liabilities: $5,409,471
  • Net Assets: $23,930,546
  • Organization Details

    Founding Year

    2019

    Principal Officer

    Matt Jordan

    Main Address

    PO BOX 7609, DENVER, CO, 80207

    NTEE Category

    Code: B82 - Education

    If you are a representative of Prosperity Denver Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.