2025-07-23T16:10:08-04:00 2024-12-31 010493997 ONE RIVER CPAS 46 FIRSTPARK DRIVE OAKLAND ME 049635362 990 2024-01-01 800362127 PROSPERITYME PROS 2077977890 175 LANCASTER ST SUITE 216A PORTLAND ME 04101 CLAUDE K RWAGANJE EXECUTIVE DIRECTOR 2077977890 2025-07-18 true true BRETT R JENSEN CPA P01888543 2078731603 2025-07-18 2024 2025-03-06 01:10:19Z CLAUDE K RWAGANJE 3107579 false X HTTPS://WWW.PROSPERITYME.ORG/ X 2007 ME PROSPERITYME EMPOWERS, THROUGH EDUCATION AND COUNSELING, MEMBERS OF REFUGEE AND IMMIGRANT COMMUNITIES TO INVEST IN THEMSELVES TO BUILD FINANCIAL STABILITY, CAREERS, BUSINESSES AND WEALTH. 12 12 25 30 0 5313422 2397221 23660 0 119079 160347 -21203 -23445 5434958 2534123 2612975 283364 0 1125062 1507470 15125 0 213663 276489 355770 4029651 2146604 1405307 387519 6928836 5115189 3080304 860654 3848532 4254535 X PROSPERITYME EMPOWERS, THROUGH EDUCATION AND COUNSELING, MEMBERS OF REFUGEE AND IMMIGRANT COMMUNITIES TO INVEST IN THEMSELVES TO BUILD FINANCIAL STABILITY, CAREERS, BUSINESSES AND WEALTH. false false 661155 186590 THE HOUSING PROGRAM WORKS WITH IMMIGRANT INDIVIDUALS AND FAMILIES AT RISK OF HOMELESSNESS TO CREATE A LONG-TERM PLAN FOR HOUSING AND FINANCIAL STABILITY. THE GOAL IS TO REDUCE THE LENGTH OF TIME FAMILIES SPEND IN HOMELESSNESS OR PRECARIOUS HOUSING SITUATIONS, SUCCESSFULLY LEASE FAMILIES IN PERMANENT HOUSING, AND LIMIT RETURNS TO HOMELESSNESS WITHIN THE FIRST YEAR OF BEING HOUSED. PROSPERITYME PROVIDED HOUSING NAVIGATION SERVICES TO 450 HOUSEHOLDS AND HOUSED 115 INDIVIDUALS AND FAMILIES IN 2024. 317477 49942 FINANCIAL LITERACY: PROSPERITYME PROVIDED COURSES IN BASIC MONEY MANAGEMENT, WOMENS ECONOMIC EMPOWERMENT, FINANCIAL COACHING AND COUNSELING SERVICES. IN 2024 PROSPERITYME SERVED 365 STUDENTS THROUGH FINANCIAL EDUCATION CLASSES, WOMEN'S ECONOMIC EMPOWERMENT PROGRAMMING, HOW TO BE A SUCCESSFUL TENANT AND 38 CLIENTS THROUGH INDIVIDUAL SESSIONS. 196065 THE HOME ENERGY ASSISTANCE PROGRAM: THE HOME ENERGY ASSISTANCE PROGRAM (HEAP) IS A PROGRAM THAT PROVIDES A FIXED AMOUNT OF FUNDING TO MAINE EACH YEAR FROM THE FEDERAL GOVERNMENT. THE HOME ENERGY ASSISTANCE PROGRAM (HEAP) HELPS QUALIFIED HOMEOWNERS AND RENTERS PAY FOR HEATING COSTS. BENEFITS INCLUDE HELP PAYING FOR FUEL AND EMERGENCY FUEL DELIVERY. YOU CAN ALSO QUALIFY FOR ENERGY-RELATED REPAIRS IF YOU ARE ELIGIBLE FOR HEAP. PROSPERITYME STAFF ASSISTED 283 FAMILIES WITH HEAP IN 2024. 323607 46833 THE PEER WORKFORCE NAVIGATOR PROJECT IS A COALITION OF COMMUNITY-BASED ORGANIZATIONS THAT HELP PEOPLE MAKE CONNECTIONS WITH EDUCATION AND TRAINING, APPRENTICESHIPS, UNEMPLOYMENT INSURANCE, HEALTHCARE, PUBLIC BENEFITS, AND THINGS THEY NEED TO GET AND KEEP A GOOD JOB. PROSPERITYME SERVED OVER 1,100 INDIVIDUALS WITH THIS PROGRAM. THE SCHOLARSHIP FOR ASYLUM SEEKER PROGRAM: THE SCHOLARSHIP PROGRAM IS AN EDUCATION RESOURCE THAT HELPS ASYLUM-SEEKERS OBTAIN AN ASSOCIATE DEGREE AT A COMMUNITY COLLEGE FOR TWO YEARS OR VOCATION CERTIFICATE. AWARDEES ARE MATCHED WITH PROFESSIONAL MENTORS TO HELP THEM BUILD A NETWORK AND FIND A JOB. PROSPERITYME AWARDED SCHOLARSHIPS TO 15 STUDENTS IN 2024. INDIVIDUAL DEVELOPMENT ACCOUNTS: THE IDA PROGRAM IS A MULTIFACETED FINANCIAL EDUCATION AND MATCHED SAVINGS PROGRAM AIMED AT SUPPORTING LOW AND MODERATE INCOME IMMIGRANT HOUSEHOLDS IN THEIR JOURNEY TO FINANCIAL STABILITY. THE PROGRAM PROVIDES 1:1 SUPPORT AND MATCHED SAVINGS FOR INDIVIDUALS AND HOUSEHOLDS WHO ARE PURSUING POST-SECONDARY EDUCATION AND THE STARTUP OF A SMALL BUSINESS. IN 2024 THE PROGRAM ENROLLED 11 SAVERS; 8 WITH A GOAL TO START OR GROW A NEW BUSINESS, AND 3 WHO ARE PURSUING HIGHER EDUCATION. 323607 46833 1498304 true true false false false false false false false false true false false false true true true false false false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 85 0 true 25 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true false false X X CLAUDE RWAGANJE 2077977890 PO BOX 8013 PORTLAND ME 04104 CLAUDE K RWAGANJE EXECUTIVE DI 40.00 X 197508 0 5709 MICHELLE ALLEN BOARD MEMBER 1.00 X 0 0 0 MARY AXELSEN BOARD MEMBER 1.00 X 0 0 0 PATRICK CLANCY BOARD MEMBER 1.00 X 0 0 0 EILEEN FONGEMIE TREASURER 2.00 X X 0 0 0 MARTHA FOX VICE CHAIR 2.00 X X 0 0 0 TARA JENKINS BOARD MEMBER 1.00 X 0 0 0 E'NKUL KANAKAN BOARD MEMBER 1.00 X 0 0 0 TYLER NOROD BOARD MEMBER 1.00 X 0 0 0 GIMBALA SANKARE CHAIR 2.00 X X 0 0 0 COLETTE TWIGG-ROWSE SECRETARY 2.00 X X 0 0 0 SHERRIN VAIL BOARD MEMBER 1.00 X 0 0 0 REBECCA WINSLOW BOARD MEMBER 1.00 X 0 0 0 197508 5709 1 false true false 142880 1053009 1201332 540904 2397221 174423 174423 515389 529465 -14076 -14076 -14076 5349 142880 43991 -38642 -38642 OTHER INCOME 15197 15197 15197 2534123 136902 5616 5616 277748 277748 203217 71126 60965 71126 1114035 832853 195015 86167 25904 19560 4391 1953 65949 48121 12378 5450 98365 67832 19012 11521 44887 44887 5631 5631 84035 36079 47565 391 14109 14109 2525 2525 103286 68590 30047 4649 12060 9758 2302 7808 4770 1216 1822 2477 2477 7165 5144 1753 268 SUPPLIES 39379 30934 5398 3047 DUES & SUBSCRIPTIONS 30778 16161 4052 10565 OTHER 1630 1535 25 70 2146604 1498304 434637 213663 727064 936183 5731511 2508639 353451 242226 32233 19012 5074 13221 1363064 111736 51856 6928836 5115189 2295085 79577 660383 732608 124836 48469 3080304 860654 X 2557192 3111561 1291340 1142974 3848532 4254535 6928836 5115189 X 387519 18484 X false true X true false X 694574 1062952 8632110 5313422 2397221 18100279 694574 1062952 8632110 5313422 2397221 18100279 425996 17674283 2615 1007 2943 119088 174423 300076 7752 15197 22949 18423304 414506 0.95930 0.99170 X PART II, LINE 10 MISCELLANEOUS REVENUES 22,949 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32233 19012 13221 13221 LEASE LIABILITY - OPERATING LEASE 48469 48469 X 2589743 18484 18484 2571259 5631 -42767 -37136 2534123 2183740 43991 43991 2139749 5631 1224 6855 2146604 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITION AND CONCLUDED THAT, AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAS NOT TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY. THE ORGANIZATION IS SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAXING AUTHORITIES GENERALLY FOR THREE YEARS AFTER FILING ITS TAX RETURNS. SCHEDULE D, PAGE 4, PART XI, LINE 4B SPECIAL EVENTS EXPENSES -43,991 NONCASH CONTRIBUTION 1,224 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSES 43,991 SCHEDULE D, PAGE 4, PART XII, LINE 4B NONCASH CONTRIBUTION EXPENSE 1,224 BLOCK PARTY 148229 142880 5349 30323 7705 5963 148229 142880 5349 30323 7705 5963 43991 -38642 true SCHOLARSHIPS 23 41833 RENTAL ASSISTANCE 166 186590 IDA MATCH 1 5000 NEW BUSINESS GRANTS 10 44325 SCHEDULE I, PAGE 1, PART I, LINE 2 PROSPERITYME DISBURSES SCHOLARSHIP AND IDA MATCHING FUNDS FOR EDUCATION DIRECTLY TO THE COLLEGE, UNIVERSITY, OR OTHER ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION THAT THE STUDENT IS ATTENDING. FOR IDA BUSINESS MATCHING FUNDS AND SMALL BUSINESS GRANTS, PAYMENTS ARE MADE DIRECTLY TO THE BUSINESS ENTITY. RENTAL AND SECURITY DEPOSIT ASSISTANCE BENEFITS ARE PROVIDED IN ACCORDANCE WITH THE TERMS ESTABLISHED BY THE FUNDING SOURCE. X false false false false false false false false false CLAUDE K RWAGANJE EXECUTIVE DIRECTOR 174808 15500 7200 5709 203217 X 6 539680 FMV X POSTAGE 1 1224 FMV false false false FORM 990, PAGE 2, PART III, LINE 4D THE PEER WORKFORCE NAVIGATOR PROJECT IS A COALITION OF COMMUNITY-BASED ORGANIZATIONS THAT HELP PEOPLE MAKE CONNECTIONS WITH EDUCATION AND TRAINING, APPRENTICESHIPS, UNEMPLOYMENT INSURANCE, HEALTHCARE, PUBLIC BENEFITS, AND THINGS THEY NEED TO GET AND KEEP A GOOD JOB. PROSPERITYME SERVED OVER 1,100 INDIVIDUALS WITH THIS PROGRAM. THE SCHOLARSHIP FOR ASYLUM SEEKER PROGRAM: THE SCHOLARSHIP PROGRAM IS AN EDUCATION RESOURCE THAT HELPS ASYLUM-SEEKERS OBTAIN AN ASSOCIATE DEGREE AT A COMMUNITY COLLEGE FOR TWO YEARS OR VOCATION CERTIFICATE. AWARDEES ARE MATCHED WITH PROFESSIONAL MENTORS TO HELP THEM BUILD A NETWORK AND FIND A JOB. PROSPERITYME AWARDED SCHOLARSHIPS TO 15 STUDENTS IN 2024. INDIVIDUAL DEVELOPMENT ACCOUNTS: THE IDA PROGRAM IS A MULTIFACETED FINANCIAL EDUCATION AND MATCHED SAVINGS PROGRAM AIMED AT SUPPORTING LOW AND MODERATE INCOME IMMIGRANT HOUSEHOLDS IN THEIR JOURNEY TO FINANCIAL STABILITY. THE PROGRAM PROVIDES 1:1 SUPPORT AND MATCHED SAVINGS FOR INDIVIDUALS AND HOUSEHOLDS WHO ARE PURSUING POST-SECONDARY EDUCATION AND THE STARTUP OF A SMALL BUSINESS. IN 2024 THE PROGRAM ENROLLED 11 SAVERS; 8 WITH A GOAL TO START OR GROW A NEW BUSINESS, AND 3 WHO ARE PURSUING HIGHER EDUCATION. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE BEFORE FILING EACH YEAR FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REGULARLY REVIEWS THE CONFLICT OF INTEREST POLICY AND MONITORS AND ENFORCES COMPLIANCE FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION AMOUNTS ARE REVIEWED BY THE BOARD OF DIRECTORS WHEN APPROPRIATE AND REGIONAL AND NATIONAL DATABASES ARE UTILIZED TO ENSURE ARRANGEMENTS ARE REASONABLE FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XI, LINE 9 SPECIAL EVENTS EXPENSES 43,991 NONCASH CONTRIBUTION -1,224 SPECIAL EVENT EXPENSES -43,991 NONCASH CONTRIBUTION EXPENSE 1,224