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PROSPERITY DENVER FUND: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
PROSPERITY DENVER FUND (EIN 84-2091903)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-03-15
IRS object ID
202220749349300917
Schema version
2020v4.1
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)
Return2022-03-15T11:59:34-04:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN811121825PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1REDPOINT FINANCIAL SERVICES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13845 TENNYSON STREET SUITE 145AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80212ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN842091903EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PROSPERITY DENVER FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPROSBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 7609AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80207ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATT JORDANPersonNm
Person TitleCEOPersonTitleTxt
Phone7205950500PhoneNum
Signature2022-03-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMATTPersonFirstNm
Person LastJORDANPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY SHERMANPreparerPersonNm
PTINP01955997PTIN
Phone3032093031PhoneNum
Preparation2022-03-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMATT JORDANPrincipalOfficerNm
Gross Receipts$12,024,768GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PROSPERITYDENVERFUND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2019FormationYr
Legal Domicile StateCOLegalDomicileStateCd
Activity Or MissionEXPAND ACCESS TO POST HIGH SCHOOL EDUCATION FOR DENVER RESIDENTS AND INCREASE THEIR EDUCATION COMPLETION RATE. THIS INVESTMENT IN DENVER RESIDENTS WILL ENHANCE THEIR ECONOMIC SECURITY AND MOBILITY, AND STRENGTHEN DENVERS WORKFORCE AND ECONOMY.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$5,306TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$11,081,730PYContributionsGrantsAmt
CY Contributions Grants$11,944,168CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$91,231PYInvestmentIncomeAmt
CY Investment Income$80,600CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$11,172,961PYTotalRevenueAmt
CY Total Revenue$12,024,768CYTotalRevenueAmt
PY Grants And Similar Paid$10,291,397PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,465,832CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$31,877PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$279,751CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$568,725PYOtherExpensesAmt
CY Other Expenses$281,492CYOtherExpensesAmt
PY Total Expenses$10,891,999PYTotalExpensesAmt
CY Total Expenses$6,027,075CYTotalExpensesAmt
PY Revenues Less Expenses$280,962PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,997,693CYRevenuesLessExpensesAmt
Total Assets BOY$14,951,134TotalAssetsBOYAmt
Total Assets EOY$20,199,627TotalAssetsEOYAmt
Total Liabilities BOY$5,856,877TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,107,783TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,094,257NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$15,091,844NetAssetsOrFundBalancesEOYAmt
MissionEXPAND ACCESS TO POST HIGH SCHOOL EDUCATION FOR DENVER RESIDENTS AND INCREASE THEIR EDUCATION COMPLETION RATE. THIS INVESTMENT IN DENVER RESIDENTS WILL ENHANCE THEIR ECONOMIC SECURITY AND MOBILITY, AND STRENGTHEN DENVERS WORKFORCE AND ECONOMY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$5,465,832ExpenseAmt
DescDURING 2021, PROPSPERITY DENVER FUND CONDUCTED ITS THIRD ROUND OF REIMBURSEMENTS TO 28 SUPPORTED ORGANIZATIONS TOTALING MORE THAN $5 MILLION, COVERING MORE THAN 1,800 SCHOLARS. WE ALSO ENGAGED A GROUP OF STAKEHOLDERS TO EXPLORE STRATEGIES TO INCREASE RATES OF POSTSECONDARY ENROLLMENT AND COMPLETION AMONG HISTORICALLY UNDERREPRESENTED DENVER STUDENTS.Desc
Total Program Service Expenses$5,465,832TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSTEPHEN KURTZPersonNm
Phone3038885650PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16355 EAST TUFFS AVEAddressLine1Txt
CityENGLEWOODCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80111ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MATT JORDAN
CEO40.000.00Yes (X)Yes (X)$149,500$0$0
CHRISTOPHER HERNDON
BOARD MEMBER2.000.00$0$0$0Yes (X)
JOHN H KECHRIOTIS
BOARD MEMBER2.000.00$0$0$0Yes (X)
DANIELLE SHOOTS
BOARD MEMBER2.000.00$0$0$0Yes (X)
ANGELA COBIAN
SECRETARY AND BOARD MEMBER3.000.00Yes (X)$0$0$0Yes (X)
STEPHEN KURTZ
BOARD CHAIR5.000.00Yes (X)$0$0$0Yes (X)
MARK GOODMAN
TREASURER AND BOARD MEMBER3.000.00Yes (X)$0$0$0Yes (X)
THERESA PENA
VICE CHAIR3.000.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$149,500TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$11,944,168GovernmentGrantsAmt
Total Contributions$11,944,168TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$80,600TotalRevenueColumnAmt
Related Or Exempt Func Income$75,294RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$5,306UnrelatedBusinessRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,024,768TotalRevenueColumnAmt
Related Or Exempt Func Income$75,294RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$5,306UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,465,832TotalAmt
Program Services$5,465,832ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$240,443TotalAmt
Management And General$240,443ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,928TotalAmt
Management And General$8,928ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$11,986TotalAmt
Management And General$11,986ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$18,394TotalAmt
Management And General$18,394ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$36,172TotalAmt
Management And General$36,172ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$40,384TotalAmt
Management And General$40,384ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$104,815TotalAmt
Management And General$104,815ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,862TotalAmt
Management And General$5,862ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$789TotalAmt
Management And General$789ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$811TotalAmt
Management And General$811ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,304TotalAmt
Management And General$10,304ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
BANK CHARGES & FEES$1,224$1,224
POSTAGE & SHIPPING$319$319
MARKETING$31,682$31,682
SOFTWARE$45,646$45,646

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,484TotalAmt
Management And General$3,484ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,027,075TotalAmt
Program Services$5,465,832ProgramServicesAmt
Management And General$561,243ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,821,846BOYAmt
EOY$14,947,742EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,303BOYAmt
EOY$12,137EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,791LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$918LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,132BOYAmt
EOY$2,873EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$5,120,853BOYAmt
EOY$5,236,875EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,951,134BOYAmt
EOY$20,199,627EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$22,965BOYAmt
EOY$15,814EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$5,833,912BOYAmt
EOY$5,091,861EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$108EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,856,877BOYAmt
EOY$5,107,783EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,334,876BOYAmt
EOY$15,091,844EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,759,381BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,094,257BOYAmt
EOY$15,091,844EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,951,134BOYAmt
EOY$20,199,627EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$5,997,693ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$106OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$11,143,422CurrentTaxYearMinus1YearAmt
Current Tax Year$11,944,168CurrentTaxYearAmt
Total$23,087,590TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$11,143,422CurrentTaxYearMinus1YearAmt
Current Tax Year$11,944,168CurrentTaxYearAmt
Total$23,087,590TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$22,625,838SubstantialContributorsTotAmt
Public Support Total170$461,752PublicSupportTotal170Amt
Total Support$23,087,590TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,791OtherCostOrOtherBasisAmt
Depreciation$918DepreciationAmt
Book Value$2,873BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,873TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescINVESTMENT - MONEY MARKETDesc
Book Value$5,236,875BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$5,236,875TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCREDIT CARD PAYABLEDesc
Amt$108Amt
FieldValueIRS element (for citing)
Total Liability$108TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$12,024,768TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$12,024,768RevenueSubtotalAmt
Total Revenue Per Form990$12,024,768TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,027,129TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$54OtherExpensesIncludedAmt
Expenses Not Reported$54ExpensesNotReportedAmt
Expenses Subtotal$6,027,075ExpensesSubtotalAmt
Total Expenses Per Form990$6,027,075TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceOther expenses not included on Form 990 (Part XII, line 2d)FormAndLineReferenceDesc
ExplanationTHIS REPRESENTS A BOOK TO TAX DEPRECIATION DIFFERENCE BETWEEN THE AUDITED FINANCIAL STATEMENTS, AND THE DEPRECIATION CALCULATED ON THE FORM 990.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (21 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ACCESS OPPORTUNITY
1871 FOLSOM ST STE 110BOULDERCO80302465399558501C3$44,721TO REIMBURSE FOR SCHOLARSHIPS
AMERICAN WATER WORKS ASSOCIATION
6666 W QUINCY AVEDENVERCO80235135660277501C3$5,221TO REIMBURSE FOR SCHOLARSHIPS
COLLEGE TRACK
112 LINDEN STOAKLANDCA94607943279613501C3$9,373TO REIMBURSE FOR SCHOLARSHIPS
I HAVE A DREAM FOUNDATION COLORADO
1836 GRANT STDENVERCO80203742497109501C3$29,784TO REIMBURSE FOR SCHOLARSHIPS
DELTA ELA BOULE FOUNDATION
25643 E CALHOUN PLAURORACO80016841459058501C3$5,625TO REIMBURSE FOR SCHOLARSHIPS
DENVER SCHOLARSHIPS FOUNDATION
789 SHERMAN ST NO 610DENVERCO80203205143175501C3$4,411,649TO REIMBURSE FOR SCHOLARSHIPS
EVANS SCHOLARS FOUNDATION
2501 PATRIOT BLVDGLENVIEWIL60026362865965501C3$40,766TO REIMBURSE FOR SCHOLARSHIPS
FORWARD STEPS FOUNDATION
370 INTERLOCKEN BLVD STE 640BROOMFIELDCO80021205092412501C3$13,145TO REIMBURSE FOR SCHOLARSHIPS
GIRLS INCORPORATED OF METRO DENVER
1499 JULIAN STDENVERCO80204742277668501C3$8,019TO REIMBURSE FOR SCHOLARSHIPS
GREENHOUSE SCHOLARS
1820 FOLSOM STBOULDERCO80302202863499501C3$36,335TO REIMBURSE FOR SCHOLARSHIPS
HARRY L AND EVA J PUKSTA FOUNDATION
2221 W 30TH AVEDENVERCO80211841555566501C3$142,356TO REIMBURSE FOR SCHOLARSHIPS
HIDE IN PLAIN SIGHT
9249 S BROADWAY 200-387LITTLETONCO80129473094771501C3$9,450TO REIMBURSE FOR SCHOLARSHIPS
LATIN AMERICAN EDUCATIONAL FOUNDATI
1035 OSAGE STDENVERCO80204846010415501C3$78,700TO REIMBURSE FOR SCHOLARSHIPS
LATINAS FIRST FOUNDATION
14766 WEST 46TH AVE UNIT 11489DENVERCO80211472502131501C3$7,568TO REIMBURSE FOR SCHOLARSHIPS
MARINE CORPS SCHOLARSHIP FOUNDATION
909 N WASHINGSTON ST NO 400ALEXANDRIAVA22314221905062501C3$6,563TO REIMBURSE FOR SCHOLARSHIPS
MILE HIGH 360
PO BOX 40160DENVERCO80204261598336501C3$6,750TO REIMBURSE FOR SCHOLARSHIPS
NORTH SIDE HIGH SCHOOL ALUMNI SCHOL
2960 NORTH SPEER BLVDDENVERCO80211841179445501C3$80,434TO REIMBURSE FOR SCHOLARSHIPS
SACHS FOUNDATION
PO BOX 1452COLORADO SPRINGSCO80901840500835501C3$117,450TO REIMBURSE FOR SCHOLARSHIPS
SAVE OUR YOUTH INC
3443 WEST 23RD AVEDENVERCO80211841295393501C3$5,640TO REIMBURSE FOR SCHOLARSHIPS
DENVER FOUNDATION
1009 GRANT STDENVERCO80203846048381501C3$5,625TO REIMBURSE FOR SCHOLARSHIPS
THE CHALLENGE FOUNDATION
4545 S UNIVERSITY BLVDENGLEWOODCO80113581817816501C3$14,270TO REIMBURSE FOR SCHOLARSHIPS
FieldValueIRS element (for citing)
Total501c3 Org21Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMonitoring procedures (Part I, line 2)FormAndLineReferenceDesc
ExplanationPROSPERITY DENVER FUND CONDUCTS TWO REIMBURSEMENT ROUNDS ANNUALLY TO SUPPORTED ORGANIZATIONS FOR SCHOLARSHIPS AND SUPPORT SERVICES PROVIDED TO QUALIFYING STUDENTS DURING THE PREVIOUS ACADEMIC YEAR. STUDENTS RECEIVING SCHOLARSHIPS ELIGIBLE FOR REIMBURSEMENT MUST MEET THE FOLLOWING REQUIREMENTS:(1) STUDENTS EXPECTED FAMILY CONTRIBUTION (OR EFC OBTAINED FROM FAFSA) MUST BE BELOW 2.5 TIMES THE MAXIMUM EFC TO QUALIFY FOR THE FEDERAL PELL GRANT(2) STUDENTS MUST HAVE LIVED IN DENVER FOR 3 YEARS PRIOR TO STARTING THEIR POST-SECONDARY EDUCATION(3) STUDENTS MUST BE 25 YEARS OF AGE OR YOUNGER ON THE LAST DAY OF THE PRIOR POST-SECONDAY ACADEMIC SCHOOL YEAR(4) STUDENTS MUST DEMONSTRATE SATISFACTORY ACADEMIC PROGRESSExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Committee meeting documentation Part VI line 8bTHERE WERE NO COMMITTEES DURING THE FISCAL YEAR WHICH HAD AUTHORITY TO ACT FOR THE GOVERNING BODY, AND THEREFORE THERE WERE NO RELATED WRITTEN ACTIONS, NOR MEETINGS HELD RELATED TO DELEGATION. THERE WAS ONLY ONE COMMITTEE DURING THE FISCAL YEAR WHICH REVIEWED PROPOSALS WHICH WERE THEN SENT TO THE FULL BOARD FOR FORMAL ACTION.
Form 990 governing body review Part VI line 11THE FORM 990 IS REVIEWED BY MATT JORDAN (CEO), STEPHEN KURTZ (BOARD CHAIR) AND MARK GOODMAN (TREASURER AND BOARD MEMBER). THEY WILL THEN DISTRIBUTE TO ALL GOVERNING MEMBERS BEFORE FILING.
Conflict of interest policy compliance Part VI line 12cTHE BOARD OF DIRECTORS REQUIRES THAT ALL BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM, AND ENSURE THAT ALL BOARD MEMBERS ARE IN COMPLIANCE, AND WITHOUT CONFLICT OF INTEREST. THE BOARD IS REGULARLY REMINDED OF THE POLICY, AND ACTIVITIES AND PAYMENTS ARE MONITORED BY THE CORPORATIONS OFFICERS.
CEO executive director top management comp Part VI line 15aTHE BOARD OF DIRECTORS ENGAGED PEAK HR CONSULTING TO DEVELOP A POSITION DESCRIPTION, SALARY RANGE AND CONDUCT THE SEARCH PROCESS. THE SALARY RANGE WAS BASED ON COMPARABLE EXECUTIVE POSITIONS IN THE DENVER METRO AREA.
Other officer or key employee compensation Part VI line 15bCOMPENSATION FOR KEY EMPLOYEES IS BASED ON A SALARY SURVEY OF DENVER METRO AREA NONPROFIT ORGANIZATIONS AND FOUNDATIONS CONDUCTED BY THE EMPLOYERS COUNCIL.
Governing documents etc available to public Part VI line 19THE GOVERNING DOCUMENTS OF THE CORPORATION ARE MADE READILY AVAILABLE ON THE CORPORATIONS WEBSITE.
Explanation of other changes in net assets or fund balances Part XI line 9THE OTHER CHANGES IN NET ASSETS REPRESENTS AN ADJUSTMENT TO DEPRECIATION MADE FOR THE PRIOR YEAR, WHICH HAS ALREADY BEEN CAPTURED AS AN EXPENSE IN PRIOR YEARS. THEREFORE, IT IS NOT BEING COUNTED AS AN EXPENSE FOR THE CURRENT YEAR AND RATHER AS A CHANGE IN NET ASSETS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CITY AND COUNTY OF DENVERBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11437 BANNOCK STAddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80202ZIPCd
FieldValueIRS element (for citing)
EIN846000580EIN
Primary ActivitiesGOVERNMENTAL BODYPrimaryActivitiesTxt
Legal Domicile StateCOLegalDomicileStateCd
Exempt Code Section115ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd