Prosperity Media Enterprise Inc

Nonprofit profile at a glance

EIN
522224484
IRS 990-EZ coverage
2009–2019
Forms available
Form 990 2011, Form 990-EZ 2019
Location
Washington, DC, USA
Phone
2028411807
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Media, Communications Organizations

Official website

Reported finances

Revenue
$17,574
Expenses
$6,150
Assets
$49,852
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Cheryl Hawkins (Exec Director/CEO)

People named in this filing

  • Norvelle Jackson (Board Member)
  • Cheryl Hawkins (Exec Director/CEO)
  • Ken Coleman (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide youths and adults access to media arts programs, community services, and training. Produce independent noncommercial TV, film, theatrical productions, and film screenings. Conduct informative meetings and perform other services and activities on diverse topics of interest that aid in the general public's education, support, and enrichment.

What it reported doing in 2019

Due to COVID, no programs were conducted during this tax period. January 25 thru Feb 9 2020 prior to the national shutdown, we provided pro bono theatrical services to Anacostia Playhouse, a nonprofit theatre company in Washington, DC to produce the stage play RS24. Continued to provide pro bono podcasting services to Animal Rescue and health care nonprofits for content on Prosperity Media's Public Service Global internet radio network.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 86
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 65%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 8.11; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -56.1% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -35.9% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -13% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2009 to 2019
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.