2025-08-15T11:52:10-04:00 2024-09-30 850232815 HINKLE LANDERS PC 2500 9TH ST NW ALBUQUERQUE NM 871021055 990 2023-10-01 850466059 PROSPERITY WORKS PROS 5052172747 909 COPPER AVENUE NORTHWEST ALBUQUERQUE NM 87102 DR ANN LYN HALL CEO 5052172747 2025-08-14 true true FARLEY VENER P00162894 5058838788 2025-08-15 2023 2025-03-06 01:10:19Z DR ANN LYN HALL 909 COPPER AVENUE NORTHWEST ALBUQUERQUE NM 87102 582824 false X WWW.PROSPERITYWORKS.NET X 1999 NM PROSPERITY WORKS BUILDS THE CAPACITY OF ORGANIZATIONS AND ADVOCATES FOR POLICIES THAT GENERATE ECONOMIC PROSPERITY FOR ALL NEW MEXICANS. THROUGH THIS WORK, WE IMPLEMENT A VISION THAT EVERY NEW MEXICAN HAS THE OPPORTUNITY, KNOWLEDGE AND RELATIONSHIPS TO ACHIEVE ECONOMIC PROSPERITY. 5 5 6 2 0 390078 359828 243608 219707 2296 2521 26081 768 662063 582824 101882 169975 0 417271 500779 0 34103 284691 241736 803844 912490 -141781 -329666 1912473 1556487 1382533 1184947 529940 371540 X PROSPERITY WORKS BUILDS THE CAPACITY OF ORGANIZATIONS AND ADVOCATES FOR POLICIES THAT GENERATE ECONOMIC PROSPERITY FOR ALL NEW MEXICANS. THROUGH THIS WORK, WE IMPLEMENT A VISION THAT EVERY NEW MEXICAN HAS THE OPPORTUNITY, KNOWLEDGE AND RELATIONSHIPS TO ACHIEVE ECONOMIC PROSPERITY. false false 228788 111342 25571 FINANCIAL INCLUSION AND OPPORTUNITY- INDIVIDUAL DEVELOPMENT ACCOUNTS (IDAS) HAVE BEEN DEPLOYED TO ENCOURAGE SAVINGS, INVESTMENT AND ASSET ACCUMULATION AMONG MODERATE INCOME AND WORKING FAMILIES. IDAS ARE MATCHED SAVINGS ACCOUNTS THAT ARE USED TO (A) BUY A FIRST HOME (B) PURSUE POST SECONDARY EDUCATION (C) START OR EXPAND A SMALL BUSINESS (D)PURCHASE A CAR TO GO TO WORK OR SCHOOL (E) REPAIR A HOME. IN COUNTIES THROUGHOUT NEW MEXICO, PROSPERITY WORKS AND ITS PARTNERS USE IDAS TO STABILIZE FAMILIES FINANCIALLY, ASSIST THEM IN BUILDING ASSETS, AND BUILD STRONG COMMUNITIES. IT IS WITH BANKS, CREDIT UNIONS, NGO'S AND PUBLIC AND PRIVATE INVESTMENTS THAT WE ARE ABLE TO OPERATE THE NEW MEXICO ASSETS CONSORTIUM THAT MANAGES THIS RURAL AND URBAN DELIVERY SYSTEM. 301412 130000 SUSTAINABLE ENERGY SOLUTIONS PROGRAM- THIS PROGRAM ADDRESSES A KEY FACTOR IN LOW-INCOME FAMILIES: DECREASING THE HIGH COST OF ENERGY; INCREASING EFFICIENCY AND IMPROVING THE HEALTH, SAFETY AND COMFORT OF HOMES. THIS IS ACCOMPLISHED THROUGH THE IMPLEMENTATION OF EFFICIENCY MEASURES IN HOMES, AND ADVOCATING FOR POLICY THAT REMOVES BARRIERS TO PARTICIPATION AND INCREASES AVAILABLE RESOURCES. THIS INITIATIVE ALSO REPRESENTS LOW-INCOME PEOPLE AT THE PUBLIC REGULATION COMMISSION ON ENERGY BURDEN ISSUES. 137988 58633 4180 CHILDRENS ECONOMIC SECURITY: PROSPERITY KIDS IS A MATCHED COLLEGE SAVINGS ACCOUNT INITIATIVE. IT IS DESIGNED TO LEVERAGE THE IMPORTANT WORK OF PARTNER ORGANIZATIONS THUS FURTHERING THEIR ENGAGEMENT WITH CLIENTS AND INCREASING THEIR IMPACT. THUS, YOUNG PARENTS ARE RETAINED IN HOME VISITNG PROGRAMS; SINGLE PARENT COLLEGE STUDENTS SUSTAIN THEIR ENROLLMENT; HEADSTART PARENTS PARTICIPATE IN PROGRAM REQUIREMENTS; AND, PARENTS ENROLLED IN CHILD DEVELOPMENT AND COMMUNITY LEADERSHIP COURSES MAKE MAJOR INVESTMENTS IN THE HEALTHLY DEVELOPMENT EDUCATION OF THEIR CHILDREN AND OF THEIR FAMILY AS A WHOLE. 160242 60724 CONSUMER ADVOCACY- PROSPERITY WORKS PARTNERS WITH ORGANIZATIONS AND COMMUNITIES ACROSS THE STATE TO SUPPORT POLICIES TO BUILD ASSETS FOR LOW-INCOME COMMUNITIES. BANKING ACCESS- BANK ON NEW MEXICO HELPS TO CREATE NEW SAFE AND AFFORDABLE CHECKING ACCOUNTS FOR UNBANKED NEW MEXICANS. ADDITIONALLY, WE DEVELOP PARTNERSHIPS BETWEEN FINANCIAL INSTITUTIONS AND ORGANIZATIONS WHO SERVE UNBANKED NEW MEXICANS. 160242 60724 828430 true true false true false false false false true false true false false true true true true false false false false false false false false false false false true false false false false false false false false true false false false false false false false false false true 10 0 true 6 true false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true false false NM X X MICHAEL MOORE 5052172747 909 COPPER AVE NW ALBUQUERQUE NM 87102 DR ANN LYN HALL CEO 40.00 X 124976 0 10928 ONA PORTER FOUNDER EMER 40.00 X 56997 0 2884 JUAN ABEYTA BOARD CHAIR 1.00 X X 0 0 0 VANESSA MATUSZEWSKI-PEER VICE CHAIR 1.00 X X 0 0 0 MIKE ATHENS TREASURER 1.00 X X 0 0 0 VICKIE OLDMAN SECRETARY 1.00 X X 0 0 0 KARINA BURCIEGA MEMBER 1.00 X 0 0 0 181973 13812 1 false false false 50000 309828 359828 MANAGEMENT AND SERVICE FEES 611430 219707 219707 219707 2521 2521 OTHER REVENUE 611430 768 768 768 582824 220475 2521 X 169975 169975 195785 180390 3685 11710 240132 221911 3103 15118 1951 1727 188 36 31702 28060 3056 586 31209 28811 403 1995 154002 122543 31132 327 2334 1561 14 759 5857 4519 303 1035 31700 27618 3454 628 10435 9078 1148 209 6213 5090 45 1078 4175 3632 459 84 23759 20671 2613 475 2456 2137 270 49 MISCELLANEOUS 462 409 46 7 PROPERTY TAXES 343 298 38 7 912490 828430 49957 34103 263409 102549 756023 601626 100496 108 4076 5027 105000 105000 105000 12562 11928 88671 81216 582236 649033 1912473 1556487 26070 26705 582236 427993 672918 649033 101309 81216 1382533 1184947 X 529940 350340 21200 529940 371540 1912473 1556487 -329666 -634 171900 X false false false X 877500 433550 430537 390078 359828 2491493 877500 433550 430537 390078 359828 2491493 482428 2009065 3578 5704 14553 14296 2521 40652 2532145 855698 0.79340 0.76570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6903 6903 905587 912490 161874 40469 123695 124777 145577 161874 555923 833885 2500 1154 6903 6903 17460 30924 31194 36394 40469 138981 208472 false true X 105000 105000 105000 CASH HELD FOR OTHERS 649033 649033 LEASE LIABILITY 81216 81216 X 582190 -634 -634 582824 582824 912490 912490 912490 SCHEDULE D, PAGE 2, PART IV, LINE 2B PROSPERITY WORKS ACTS AS CUSTODIAN FOR INDIVIDUAL DEVELOPMENT ACCOUNTS (IDA'S). THE IDA'S ARE HELD AT SEVERAL FINANCIAL INSTITUTIONS AND ARE OWNED BY PROSPERITY WORKS. SCHEDULE D, PAGE 3, PART X PROSPERITY WORKS OPERATES AS A NOT-FOR-PROFIT CORPORATION AND HAS RECEIVED EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN DESIGNATED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. CONTRIBUTIONS TO THE ORGANIZATION QUALIFY FOR THE CHARITABLE CONTRIBUTIONS DEDUCTION TO THE EXTENT PROVIDED BY SECTION 170 OF THE INTERNAL REVENUE CODE. PROSPERITY WORKS FILES ITS FEDERAL FORM 990 TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE 990 IS ALSO FILED WITH THE NEW MEXICO DEPARTMENT OF JUSTICES ONLINE CHARITABLE REGISTRATION. PROSPERITY WORKS IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY ANY OF THESE JURISDICTIONS. MANAGEMENT BELIEVES THAT THEY ARE OPERATING WITHIN THEIR TAX-EXEMPT PURPOSE. false MATCH SAVINGS 744 169975 ONA PORTER FOUNDER 24000 RENT false SCHEDULE L, PART V ONA PORTER IS A PARTNER IN THE FIRM THAT OWNS THE SPACE THAT PROSPERITY WORKS RENTS FOR ITS OPERATIONS. FORM 990 - ORGANIZATION'S MISSION PROSPERITY WORKS BUILDS THE CAPACITY OF ORGANIZATIONS AND ADVOCATES FOR POLICIES THAT GENERATE ECONOMIC PROSPERITY FOR ALL NEW MEXICANS. THROUGH THIS WORK, WE IMPLEMENT A VISION THAT EVERY NEW MEXICAN HAS THE OPPORTUNITY, KNOWLEDGE AND RELATIONSHIPS TO ACHIEVE ECONOMIC PROSPERITY. FORM 990, PAGE 2, PART III, LINE 4D CONSUMER ADVOCACY- PROSPERITY WORKS PARTNERS WITH ORGANIZATIONS AND COMMUNITIES ACROSS THE STATE TO SUPPORT POLICIES TO BUILD ASSETS FOR LOW-INCOME COMMUNITIES. BANKING ACCESS- BANK ON NEW MEXICO HELPS TO CREATE NEW SAFE AND AFFORDABLE CHECKING ACCOUNTS FOR UNBANKED NEW MEXICANS. ADDITIONALLY, WE DEVELOP PARTNERSHIPS BETWEEN FINANCIAL INSTITUTIONS AND ORGANIZATIONS WHO SERVE UNBANKED NEW MEXICANS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 AND ALL SCHEDULES WERE PROVIDED TO MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO FILING FOR APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C ON AN ANNUAL BASIS THE DIRECTORS OF THE BOARD RENEW THEIR CONFLICT OF INTEREST POLICY WITH UPDATED INFORMATION. THROUGHOUT THE YEAR THE OFFICERS ARE ASKED TO DISCLOSE POTENTIAL CONFLICT AT BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD APPROVES COMPENSATION FOR THE CEO. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. 990 FILINGS ARE ALSO AVAILABLE UPON REQUEST AND CAN BE FOUND AT VARIOUS THIRD PARTY WEBSITES SUCH AS GUIDESTAR. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES 106,507 600 327 LEGAL FEES 16,036 4,702 0 ACCOUNTING SERVICES 0 25,830 0 TOTAL 122,543 31,132 327