STRATEGY STUDIO / PUBLIC DATA EXPLORER

PROSPECT FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
PROSPECT FOUNDATION (EIN 83-3673178)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-02-25
IRS object ID
202200569349100110
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-02-25T12:11:15-08:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN463808040PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Griffith & DavisBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line119 Newport RdAddressLine1Txt
CityNew LondonCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03257ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN833673178EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PROSPECT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPROSBusinessNameControlTxt
Phone6034138888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1148 KEYSER STAddressLine1Txt
CityNORTH SUTTONCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03260ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRON MENNINGPersonNm
Person TitleChairmanPersonTitleTxt
Signature2022-02-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRONPersonFirstNm
Person LastMENNINGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJohn Hurley CPAPreparerPersonNm
PTINP01208632PTIN
Phone6035262403PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$477,866FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$5InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$14,366DividendsRevAndExpnssAmt
Dividends Net Invst Incm$14,366DividendsNetInvstIncmAmt
Dividends Adj Net Incm$14,366DividendsAdjNetIncmAmt
Total Rev And Expnss$14,371TotalRevAndExpnssAmt
Total Net Invst Incm$14,371TotalNetInvstIncmAmt
Total Adj Net Incm$14,371TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$500AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$117TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$117TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$75OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$75OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$692TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$692TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$25,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$25,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$26,092TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$26,092TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$11,721ExcessRevenueOverExpensesAmt
Net Investment Income$14,371NetInvestmentIncomeAmt
Adjusted Net Income$14,371AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$214,351SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$17,590SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$17,590SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$201,266OtherInvestmentsBOYAmt
Other Investments EOY$386,306OtherInvestmentsEOYAmt
Other Investments EOYFMV$460,276OtherInvestmentsEOYFMVAmt
Total Assets BOY$415,617TotalAssetsBOYAmt
Total Assets EOY$403,896TotalAssetsEOYAmt
Total Assets EOYFMV$477,866TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$415,617NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$403,896NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$415,617TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$403,896TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$415,617TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$403,896TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$415,617TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$11,721ExcessRevenueOverExpensesAmt
Subtotal$403,896SubtotalAmt
Tot Net Ast Or Fund Balances EOY$403,896TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$200InvestmentIncomeExciseTaxAmt
Subtotal$200SubtotalAmt
Tax Based On Investment Income$200TaxBasedOnInvestmentIncomeAmt
Tax Due$200TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNHOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.PROSPECTFOUNDATION.NETWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1RON MENNINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6034138888PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1148 KEYSER STAddressLine1Txt
CityNORTH SUTTONCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03260ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JAMES MENNING
148 KEYSER STNORTH SUTTONNH03260Chairman0.00$0
JENNY MENNING
148 KEYSER STNORTH SUTTONNH03260SECRETARY & TRU0.00$0
BRITTANY CAMPBELL
640 BRUST STCOLUMBUSOH43206FINANCIAL SECRE0.00$0
EVAN CAMPBELL
640 BRUST STCOLUMBUSOH43207Trustee0.00$0
MARILYN MENNING
671 CHESTNUT ST APT 15MANCHESTERNH03104Trustee0.00$0
MATTHEW MENNING
671 CHESTNUT ST APT 15MANCHESTERNH03105TREASURER AND T0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$433,787AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$36,151AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$469,938TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$469,938AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,049CashDeemedCharitableAmt
Net Vl Noncharitable Assets$462,889NetVlNoncharitableAssetsAmt
Minimum Investment Return$23,144MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$23,144MinimumInvestmentReturnAmt
Tax Based On Investment Income$200TaxBasedOnInvestmentIncomeAmt
Total Tax$200TotalTaxAmt
Distributable Before Adj$22,944DistributableBeforeAdjAmt
Distributable Before Ded$22,944DistributableBeforeDedAmt
Distributable As Adjusted$22,944DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$26,092ExpensesAndContributionsAmt
Qualifying Distributions$26,092QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$22,944DistributableAsAdjustedAmt
Undistributed Income PY$12,435UndistributedIncomePYAmt
Qualifying Distributions$26,092QualifyingDistributionsAmt
Applied To Year1$12,435AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$13,657AppliedToCurrentYearAmt
Undistributed Income CY$9,287UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BOYS GIRLS CLUB OF MANCHESTER
555 UNION STMANCHESTERNH03104NONEPFANNUAL GOLF TOURNAMENT$2,000
THE HOMELESS FAMILIES FOUNDATION
33 N GRUBB STCOLUMBUSOH43215NONEPFHOUSING, EDUCATION, AND FAMILY STABILIZATION$3,000
Elm Grove Cares - Manchester Proud
440 HANOVER STMANCHESTERNH03104NONEPFCHAMPIONING STUDENT SUCCESS. REIMAGING OUR PUBLIC SCHOOLS.$1,400
THE WELL CDC
647 E MARKET STAKRONOH44304NONEPFFinancial help for the Middlebury community of Akron$1,000
NAZARETH LUTHERAN CHURCH
6411 STATE ROAD 4BLOOMFIELDOH44818NONEPCNaomi Brause Memorial$500
TEEN CHALLENGE OF MANCHESTER
147 LAUREL STMANCHESTERNH03103NONEPFGeneral Suport$500
THE BUCKEYE
4653 E MAIN STCOLUMBUSOH43213NONEPFGeneral Suport$1,000
ELM GROVE
440 HANOVER STMANCHESTERNH03104NONEPFElm Grove Cares - Children$500
ELM GROVE
440 HANOVER STMANCHESTERNH03104NONEPFROCA Kidz Club$1,000
WOUNDED WARRIER
4899 BELFORT ROAD SUITE 300JACKSONVILLEFL32256NONEPFOn behalf of Ed Menning$1,000
LANCASTER NEWSIES
PO BOX 1443LANCASTEROH43130NONEPFNew town charity$1,500
THE BUCKEYE RANCH
4653 E MAIN STCOLUMBUSOH43213NONEPFGeneral Support$3,000
KEARSARGE FOOD HUB
11 W MAIN STBRADFORDNH03221NONEPFGeneral Support$3,000
FAMILIES IN TRANSITION
122 MARKET STMANCHESTERNH03101NONEPFGeneral Support$3,000
CASA OF NH
PO BOX 1327MANCHESTERNH03105NONEPFGeneral Support$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$25,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$5RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$14,366RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$14,371RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$14,371TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$500Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$500DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemVANGUARD BALANCED EQUITYCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$386,306BookValueAmt
EOYFMV$460,276EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescNH ANNUAL REPORTDesc
Revenue And Expenses Per Books$75RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$75DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$117Amt
Disbursements Charitable Prps$117DisbursementsCharitablePrpsAmt