Nonprofit · EIN 35-2877128
PROSPERITY INVESTMENT CLUB
Tax-exempt · PARKER, TX 75002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $1,600 | $1,600 | $0 | $0 | – | $0 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,600
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,600
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- –
- Net assets, end of year
- $0
- Gross receipts
- $1,600
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAHMAN CHAUDHRY | DIRECTOR | 2 | $0 |
| WAQAS SHAHID | DIRECTOR | 2 | $0 |
| FARJAD ADAMJEE | DIRECTOR | 2 | $0 |
| AHMED OMER | DIRECTOR | 2 | $0 |
| Shahbaz Chaudhary | DIRECTOR | 2 | $0 |
| Syed Ansari | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 5109 WAYLAND DR, PARKER, TX 75002-2870
- Signed the 990-EZ
- RAHMAN CHAUDHRY, DIRECTOR
- Phone
- (630) 965-2599
- Return prepared by
- A Morani CPA PC
Mission
The organization has focused on providing educational resources and workshops aimed at improving financial literacy within the community.
Program accomplishments
- The organization has focused on providing educational resources and workshops aimed at improving financial literacy within the community.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 35-2877128
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $1,600
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $1,600 | $1,600 | $0 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-2877128).
Questions about PROSPERITY INVESTMENT CLUB
- What is the EIN of PROSPERITY INVESTMENT CLUB?
- The employer identification number (EIN) of PROSPERITY INVESTMENT CLUB is 35-2877128.
- Is PROSPERITY INVESTMENT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2025.
- Are donations to PROSPERITY INVESTMENT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PROSPERITY INVESTMENT CLUB file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PROSPERITY INVESTMENT CLUB due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROSPERITY INVESTMENT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of PROSPERITY INVESTMENT CLUB?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does PROSPERITY INVESTMENT CLUB have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $1,600, expenses of $1,600 and total assets of $0 at year end.
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