STRATEGY STUDIO / PUBLIC DATA EXPLORER

PROSPECT FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
PROSPECT FOUNDATION (EIN 83-3673178)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-05
IRS object ID
202131259349103543
Schema version
2020v4.0
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)
Return2021-05-05T17:12:56-07:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Begin2020-01-01TaxPeriodBeginDt

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
Signature2021-05-05SignatureDt
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)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$449,512FMVAssetsEOYAmt
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$18InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$18InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$18InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$8,404DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,404DividendsNetInvstIncmAmt
Dividends Adj Net Incm$8,404DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$6,309NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$200,000GrossSalesPriceAmt
Total Rev And Expnss$2,113TotalRevAndExpnssAmt
Total Net Invst Incm$8,422TotalNetInvstIncmAmt
Total Adj Net Incm$8,422TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$500AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$189TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$189TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$107OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$107OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$796TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$796TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$9,630ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$9,630ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$10,426TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$10,426TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$8,313ExcessRevenueOverExpensesAmt
Net Investment Income$8,422NetInvestmentIncomeAmt
Adjusted Net Income$8,422AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$423,930SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$214,351SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$214,351SavAndTempCashInvstEOYFMVAmt
Other Investments EOY$201,266OtherInvestmentsEOYAmt
Other Investments EOYFMV$235,161OtherInvestmentsEOYFMVAmt
Total Assets BOY$423,930TotalAssetsBOYAmt
Total Assets EOY$415,617TotalAssetsEOYAmt
Total Assets EOYFMV$449,512TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$423,930NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$423,930TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$415,617TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$423,930TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$415,617TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$423,930TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$8,313ExcessRevenueOverExpensesAmt
Subtotal$415,617SubtotalAmt
Tot Net Ast Or Fund Balances EOY$415,617TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property5449.591 VANGUARD BALANCEDPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2020-02-28AcquiredDt
Sold2020-05-01SoldDt
Gross Sales Price$200,000GrossSalesPriceAmt
Cost Or Other Basis$206,309CostOrOtherBasisAmt
Gain Or Loss-$6,309GainOrLossAmt
Gains Minus Excess Or Losses-$6,309GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$6,309CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$6,309NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$117InvestmentIncomeExciseTaxAmt
Subtotal$117SubtotalAmt
Tax Based On Investment Income$117TaxBasedOnInvestmentIncomeAmt
Tax Due$117TaxDueAmt

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 MENNING
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$207,788AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$219,235AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$427,023TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$427,023AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,405CashDeemedCharitableAmt
Net Vl Noncharitable Assets$420,618NetVlNoncharitableAssetsAmt
Minimum Investment Return$21,031MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$21,031MinimumInvestmentReturnAmt
Tax Based On Investment Income$117TaxBasedOnInvestmentIncomeAmt
Total Tax$117TotalTaxAmt
Distributable Before Adj$20,914DistributableBeforeAdjAmt
Distributable Before Ded$20,914DistributableBeforeDedAmt
Distributable As Adjusted$20,914DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,426ExpensesAndContributionsAmt
Qualifying Distributions$10,426QualifyingDistributionsAmt
Adjusted Qualifying Distri$10,426AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$20,914DistributableAsAdjustedAmt
Undistributed Income PY$1,947UndistributedIncomePYAmt
Qualifying Distributions$10,426QualifyingDistributionsAmt
Applied To Year1$1,947AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$8,479AppliedToCurrentYearAmt
Undistributed Income CY$12,435UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
EASTER SEALS CAMP SNOMO
260 GRISWOLD LANEGILMANTON IRON WORKSNH03837NONEPFEASTER SEAL SNOWMIBILE CLUB$1,000
SUTTON HISTORICAL SOCIETY
PO BOX 457SOUTH SUTTONNH03273NONEPFS SUTTON MEETING HOUSE RESTORATION$1,030
UNITED WAY OF CENTRAL OHIO
360 S 3RD ST 5412COLUMBUSOH43215NONEPFHELP THOSE IMPACTED BY COVID 19$500
BOYS GIRLS CLUB OF MANCHESTER
555 UNION STMANCHESTERNH03104NONEPFFOUNDATION OF FRIENDS BREAKFAST$500
MAIN STREET WARNER
16 E MAIN STWARNERNH03278NONEPFSCHOLARSHIP FUND IN HONOR OF MRS OLEARY$100
BOYS GIRLS CLUB OF MANCHESTER
555 UNION STMANCHESTERNH03104PFANNUAL GOLF TOURNAMENT$2,000
DAMASCUS FRIENDS CHURCH
PO BOX 205DAMASCUSOH44619NONEPFDAMASCUS FRIENDS GROUP$1,000
SOUTH SIDE EARLY LEARNING
966 SOUTH HIGH STCOLUMBUSOH43215NONEPFEDUCATION IN GREATER COLUMBUS$1,000
THE HOMELESS FAMILIES FOUNDATION
33 N GRUBB STCOLUMBUSOH43215NONEPFHOUSING, EDUCATION, AND FAMILY STABILIZATION$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$9,630TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$18RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$8,404RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$6,309RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,113RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,113TotalIncomeProducingActyAmt

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$201,266BookValueAmt
EOYFMV$235,161EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescNH ANNUAL REPORTDesc
Revenue And Expenses Per Books$107RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$107DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$189Amt
Disbursements Charitable Prps$189DisbursementsCharitablePrpsAmt