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Nonprofit · EIN 47-3514328

UNLEASH PROSPERITY INC

Tax-exempt · POTOMAC, MD 20854

Financials

$4.7M$2.8M2023$5.3M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of UNLEASH PROSPERITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,258,792$3,110,062$2,148,730$10,051,484$21,914$10,029,570
December 31, 2023990$4,674,721$2,825,894$1,848,827$7,983,713$102,873$7,880,840
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,027,125
Program service revenue
$0
Investment income
$231,667
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$357,500
Salaries, compensation and benefits (total)
$358,500
Professional fundraising fees
$0
Occupancy
$29,559
Travel
$254,392
Program services (functional)
$2,869,177
Management and general (functional)
$240,885

Balance sheet and other

Total assets, start of year
$7,983,713
Total assets, end of year
$10,051,484
Total liabilities, end of year
$21,914
Net assets, end of year
$10,029,570
Net assets without donor restrictions
$10,029,570
Gross receipts
$5,258,792
Employees
0
Volunteers
1
Year formed
2017
State of legal domicile
DE

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHEN MOORECHAIRMAN
Trustee or director, Officer
40$357,500
TIM DOESCHEREXECUTIVE DIRECTOR
Highest-paid employee
40$195,000
PHIL KERPENPRESIDENT
Highest-paid employee
40$156,000
DICK WEISSTREASURER
Trustee or director, Officer
1$0
LISA NELSONSECRETARY
Trustee or director, Officer
1$0
CHARLES BRANDEDIRECTOR
Trustee or director
1$0
JOHN CHILDSDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
STEPHEN MOORECHAIRMAN
Trustee or director, Officer
40$232,000
RICHARD WEISSDIRECTOR
Trustee or director
1$7,500
CHARLES BRANDEDIRECTOR
Trustee or director
1$0
JOHN CHILDSDIRECTOR
Trustee or director
1$0
LISA NELSONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
9008 BELMART RD, POTOMAC, MD 20854-1616
In care of
% FOLEY & LARDNER LLP
Principal officer (990 for 2024)
STEPHEN MOORE, 9008 BELMART ROAD, POTOMAC, MD 20854
Signed the 990
STEPHEN MOORE, CHAIRMAN
Phone
(202) 577-9950
Return prepared by
BDO USA

Mission

TO EDUCATE BUSINESS, POLITICAL, AND MEDIA LEADERS ABOUT INCREASING ECONOMIC GROWTH.

990 for the year ended December 31, 2024

Program accomplishments

  • TO EDUCATE BUSINESS, POLITICAL, AND MEDIA LEADERS ABOUT INCREASING ECONOMIC GROWTH.
    Expenses $2,869,177

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-3514328
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,051,484
Income (IRS master file)
$5,258,792

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,258,792$3,110,062$10,051,484XML
990December 2023$4,674,721$2,825,894$7,983,713XML
990December 2022$2,525,854$2,186,627$5,987,194IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 47-3514328).

Questions about UNLEASH PROSPERITY INC

What is the EIN of UNLEASH PROSPERITY INC?
The employer identification number (EIN) of UNLEASH PROSPERITY INC is 47-3514328.
Is UNLEASH PROSPERITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to UNLEASH PROSPERITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNLEASH PROSPERITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNLEASH PROSPERITY INC 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 UNLEASH PROSPERITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of UNLEASH PROSPERITY INC?
The 990 for the year ended December 31, 2024 names STEPHEN MOORE.
Who are the officers and directors of UNLEASH PROSPERITY INC?
The 990 for the year ended December 31, 2024 lists 7 people; 3 received compensation from the organization, the highest $357,500 (STEPHEN MOORE, CHAIRMAN).
How much revenue does UNLEASH PROSPERITY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,258,792, expenses of $3,110,062 and total assets of $10,051,484 at year end.

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