Prospectus Associates
Also known as Proberco
Prospectus Associates reported $24.1 million in revenue and $20.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.67 went to program services, $14.74 to management and general costs and $0.59 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.7% of the total. The highest compensation it reported for one person was $191,205 (COO). 6 people received more than $100,000 in reportable compensation. Revenue rose 18% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $21MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $24M- Contributions & grants (non-government)$0.68 $163K
- Program service revenue$97.65 $24M
- Investment income$1.67 $404K
Other revenue was negative: −$15,130. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.7% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.7% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.6% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.7% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 97.7% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $191,205 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.92% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 6 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.3 | 6.9 |
| Independent voting board members Part VI 1a–1b | 15 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCommunity living services provide an array of services for adults with disabilities that promote individual choice and opportunities to live in residential settings throughout berks county. There are 61 program participants residing in our community homes and 10 participants in life sharing
Day services refers to center-based support services that are provided from our corporate facility in reading, pa. Activities take place both in the facility and in the community. These services include: employment and vocational services and community participation supports (adult training). See additional information on schedule oemployment services help individuals with disabilities find and maintain competitive employment in the community. A job coach works with individuals through all phases of job development, hiring, on-the-job- training, and follow along services to ensure that the…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| COO Officer, 40.00 hrs/week | $157,312 | $0 | $33,893 | $191,205 |
| CEO Officer, 40.00 hrs/week | $161,581 | $0 | $20,408 | $181,989 |
| CFO Officer, 40.00 hrs/week | $137,536 | $0 | $35,091 | $172,627 |
| COMMUNITY SERVICES ADMINISTRATOR Highest compensated employee, 40.00 hrs/week | $128,346 | $0 | $34,687 | $163,033 |
| HEALTHCARE COORDINATOR Highest compensated employee, 40.00 hrs/week | $110,182 | $0 | $34,145 | $144,327 |
| RESIDENTIAL DIRECT SUPPORT PROF. Highest compensated employee, 48.00 hrs/week | $114,102 | $0 | $17,874 | $131,976 |
6 people received more than $100,000 in reportable compensation from Prospectus Associates (Part VII, line 2). Compensation of current officers, directors and key employees totaled $549K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5351
- Volunteers Part I, line 630
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| DAVIS PAINTING Outside maintenance | $141,453 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Prospectus Associates totaling $1,022 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Prospectus Associates's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Prospectus Associates, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Prospectus Associates spent in FY2025, $84.67 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Walden EnvironmentSan Diego, CA · revenue $24M · programs 86.1% · FY2025
- Mainstream LivingAmes, IA · revenue $24M · programs 85.8% · FY2024
- Mease LifeFort Washington, PA · revenue $24M · programs 88.5% · 2024
- Crossroads Rhode IslandProvidence, RI · revenue $24M · programs 82.3% · 2024
- YMCA of Central Stark CountyCanton, OH · revenue $24M · programs 82.7% · 2024
All human services charities · Largest charities in Pennsylvania
Questions people ask
How much of Prospectus Associates's spending goes to programs?
In the fiscal year ending June 30, 2025, Prospectus Associates reported that 84.7% of its $20.8 million in expenses went to program services, 14.7% to management and general and 0.6% to fundraising (Form 990, Part IX).
How much does Prospectus Associates pay its top executive?
The largest total compensation Prospectus Associates reported for one person in the fiscal year ending June 30, 2025 was $191,205, for the role of COO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Prospectus Associates get its money?
Of $24.1 million in revenue in the fiscal year ending June 30, 2025, 0.7% came from contributions and grants and 97.7% from program service revenue (Form 990, Part VIII).
Is Prospectus Associates a registered charity?
The IRS lists EIN 23-2023612 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202640429349301509 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520719349301312 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410829349300166 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340899349300439 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220709349300412 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110769349300701 · read the filing
All filings for EIN 23-2023612: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.