Nonprofit · EIN 85-0466059
PROSPERITY WORKS
Tax-exempt · ALBUQUERQUE, NM 87102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $857,206 | $931,160 | -$73,954 | $1,523,884 | $1,227,232 | $296,652 |
| September 30, 2024 | 990 | $582,824 | $912,490 | -$329,666 | $1,556,487 | $1,184,947 | $371,540 |
| September 30, 2023 | 990 | $662,063 | $803,844 | -$141,781 | $1,912,473 | $1,382,533 | $529,940 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $650,873
- Program service revenue
- $203,739
- Investment income
- $1,111
- Other revenue
- $1,483
Expenses
- Grants and similar amounts paid
- $140,283
- Compensation of officers, directors and key employees
- $139,463
- Other salaries and wages
- $276,985
- Salaries, compensation and benefits (total)
- $487,761
- Professional fundraising fees
- $0
- Occupancy
- $9,655
- Depreciation
- $25,982
- Program services (functional)
- $725,163
- Management and general (functional)
- $179,514
- Fundraising (functional)
- $26,483
Balance sheet and other
- Total assets, start of year
- $1,556,487
- Total assets, end of year
- $1,523,884
- Total liabilities, end of year
- $1,227,232
- Net assets, end of year
- $296,652
- Land, buildings and equipment
- $105,000
- Publicly traded securities
- $22,664
- Net assets without donor restrictions
- $273,202
- Net assets with donor restrictions
- $23,450
- Gross receipts
- $857,206
- Employees
- 6
- Volunteers
- 2
- Year formed
- 1999
- State of legal domicile
- NM
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR ANN LYN HALL | CEO Officer | 40 | $127,392 | $12,071 |
| JUAN ABEYTA | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| VANESSA MONTANO | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIKE ATHENS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VICKIE OLDMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KARINA BURCIEGA | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR ANN LYN HALL | CEO Officer | 40 | $124,976 | $10,928 |
| ONA PORTER | FOUNDER EMER Officer | 40 | $56,997 | $2,884 |
| JUAN ABEYTA | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| VANESSA MATUSZEWSKI-PEER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIKE ATHENS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VICKIE OLDMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KARINA BURCIEGA | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR ANN LYN HALL | CEO Officer | 40 | $121,254 | $4,006 |
| ONA PORTER | FOUNDER EMER Officer | 40 | $54,376 | $1,631 |
| JUAN ABEYTA | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| VANESSA MATUSZEWSKI-PEER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIKE ATHENS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VICKIE OLDMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KARINA BURCIEGA | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 909 COPPER AVE NW, ALBUQUERQUE, NM 87102-3029
- In care of
- % ONA PORTER
- Principal officer (990 for 2024)
- DR ANN LYN HALL, 909 COPPER AVENUE NORTHWEST, ALBUQUERQUE, NM 87102
- Signed the 990
- DR ANN LYN HALL, CEO
- Phone
- (505) 217-2747
- Website
- WWW.PROSPERITYWORKS.NET
- Return prepared by
- HINKLE LANDERS PC
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.
Program accomplishments
- 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.Expenses $277,972 · grants $113,346 · revenue $2,100
- 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.Expenses $213,796 · revenue $20,000
- 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. ADDITIONALLY, YOUNG PEOPLE RECEIVE CONSISTENT FUNDING TO BE ABLE TO CONTINUE THIER HIGH SCHOOL EDUCATION.Expenses $125,121 · grants $26,937
- 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.Expenses $108,274 · revenue $183,122
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 85-0466059
- 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
- 2000
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y02)
- Assets (IRS master file)
- $1,523,884
- Income (IRS master file)
- $857,206
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $857,206 | $931,160 | $1,523,884 | XML |
| 990 | September 2024 | $582,824 | $912,490 | $1,556,487 | XML |
| 990 | September 2023 | $662,063 | $803,844 | $1,912,473 | XML |
| 990 | September 2022 | $660,541 | $665,182 | $1,771,855 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 85-0466059).
Questions about PROSPERITY WORKS
- What is the EIN of PROSPERITY WORKS?
- The employer identification number (EIN) of PROSPERITY WORKS is 85-0466059.
- Is PROSPERITY WORKS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to PROSPERITY WORKS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROSPERITY WORKS 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 PROSPERITY WORKS due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROSPERITY WORKS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of PROSPERITY WORKS?
- The 990 for the year ended September 30, 2025 names DR ANN LYN HALL.
- Who are the officers and directors of PROSPERITY WORKS?
- The 990 for the year ended September 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $127,392 (DR ANN LYN HALL, CEO).
- How much revenue does PROSPERITY WORKS have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $857,206, expenses of $931,160 and total assets of $1,523,884 at year end.
Other nonprofits in ALBUQUERQUE
- UNIVERSITY OF NEW MEXICO RETIREE WELFARE BENEFIT TR EIN 32-0419302 · last filed 990 for 2025
- SUNSET MEMORIAL PARK ENDOWED CARE TR EIN 85-6012841 · last filed 990 for 2024
- SUNSET MEMORIAL PARK INC EIN 35-2683350 · last filed 990 for 2024
- NEW MEXICO GAS COMPANY INC VEBA TR FOR RETIREES NOT SUBJECT TO COLLEC EIN 32-0260036 · last filed 990 for 2024
- MASONIC CHARITY FOUNDATION OF NEW MEXICO INC EIN 85-0257737 · last filed 990 for 2025
- NEW MEXICO GAS COMPANY INC VEBA TR FOR RETIREES SUBJECT TO COLLECTIVE EIN 36-4641426 · last filed 990 for 2024
- HISTORIC FAIRVIEW CEMETERY EIN 45-4158648 · last filed 990-EZ for 2025
- FISIF VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION EIN 27-2244936 · last filed 990-EZ for 2025
All nonprofits in ALBUQUERQUE · New Mexico · Mutual and membership benefit