Charity Impact Media

Home › Education

Prosperity Denver Fund

Denver, CO · EIN 84-2091903 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Prosperity Denver Fund reported $17.1 million in revenue and $19.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $95.33 went to program services, $4.67 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 90.6% of the total. Government grants made up 90.6%. The highest compensation it reported for one person was $224,654 (CEO). 1 person received more than $100,000 in reportable compensation. Revenue rose 42% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $19M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
95.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
4.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
90.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
90.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$224,654$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.16%1.28%
People paid over $100,000
Part VII, line 2
18
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
17.813.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

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 expense
$12M expenses · 64.5% of program spending · grants $11M

In 2025, Prosperity Denver Fund conducted its seventh round of reimbursements. This year, there were three program areas: collegiate, career training/credentials, and high school support. The collegiate program reimbursed 41 different programs for a total of $11,174,992 to help more than 2,750 students attend 2- and 4-year technical colleges, community colleges, and universities

$3.7M expenses · 20.1% of program spending · grants $3.5M

The Prosperity Denver Fund high school support program reimburses nonprofit organizations that are working in denver high schools to help students create plans for college and career. In FY25, 24 different programs received a total of $3,486,427 to help more than 19,000 students

$2.8M expenses · 15.3% of program spending · grants $2.7M

The Prosperity Denver Fund career training/credentials program reimburses nonprofit training program providers who provide apprenticeships and industry-recognized credentials. In FY25, 22 different programs received a total of $2,652,346 to help nearly 600 denver students aged 18-30

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$216,346$0$8,308$224,654

1 people received more than $100,000 in reportable compensation from Prosperity Denver Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $35,595 (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2021FY2022FY2023FY2024FY2025$17M$19M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$17M$19M95.3%$29M$224,654
FY2024 ⓘ$18M$20M95.6%$31M$44,303
FY2023 ⓘ$18M$8.9M91.6%$33M$177,019
FY2022 ⓘ$15M$5.8M88.8%$24M$167,885
FY2021 ⓘ$12M$6.0M90.7%$15M$149,500

Governance 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–1b7 · 7 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 2No
  • 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 57

Correct a figure or respond

Every number above is copied from Prosperity Denver Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Prosperity Denver Fund, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Colorado

Questions people ask

How much of Prosperity Denver Fund's spending goes to programs?

In the fiscal year ending September 30, 2025, Prosperity Denver Fund reported that 95.3% of its $19.4 million in expenses went to program services, 4.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Prosperity Denver Fund pay its top executive?

The largest total compensation Prosperity Denver Fund reported for one person in the fiscal year ending September 30, 2025 was $224,654, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Prosperity Denver Fund get its money?

Of $17.1 million in revenue in the fiscal year ending September 30, 2025, 90.6% came from contributions and grants (including 90.6% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Prosperity Denver Fund a registered charity?

The IRS lists EIN 84-2091903 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 September 30, 2025, object 202642029349300339 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202541609349301109 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202430749349300943 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202300669349301625 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202220749349300917 · read the filing

All filings for EIN 84-2091903: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.