Tahoe Prosperity Center

Nonprofit profile at a glance

EIN
453559172
IRS 990 coverage
2017–2025
Forms available
Form 990 2025, Form 990-EZ 2016, Form 990-N 2012
Location
Incline Village, NV, USA
Phone
7752980267
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Urban, Community Economic Development

Official website

Reported finances

Revenue
$666,902
Expenses
$658,626
Assets
$411,726
Liabilities
$157,619

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • Heidi Hill Drum (Former CEO)

Highest reported compensation

  • Derrick Martin (Program Manager): $124,000 total reported compensation
  • Heidi Hill Drum (Former CEO): $103,600 total reported compensation
  • Evelyn Mejia (Office Manager): $78,686 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Tahoe Prosperity Center TPC is an innovative nonprofit collaborative created to champion the prosperity initiatives identified in the 2010 Lake Tahoe Basin Prosperity Plan. The TPCs goal is to unite Tahoe's communities to strengthen regional prosperity.

What it reported doing in 2025

Connected Tahoe - Connected Tahoe is bringing gigabit-level service to the entire Basin by collaborating with local providers, jurisdictions, the California Public Utilities Commission the CPUC, and communities to find the most economically, environmentally, and fiscally solvent broadband solutions for the Tahoe Region. The Organization is working to facilitate broadband infrastructure projects in problem areas throughout the Basin. This is being done by working with the CPUC to identify Internet Service Providers ISPs that are ready, able, and willing to provide the infrastructure through a push for a Basin-wide dig once policy and by ensuring that broadband infrastructure is included in any and all planning efforts in Lake Tahoe.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 60
  • Accountability: 86
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.8%; rating input score 70
  • Program expense ratio: 70.4%; rating input score 70
  • Fundraising efficiency: $317.55 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 10th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1.2%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.63; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 58%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 10.9% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 11.4% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 13.9% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 69.8% of revenue deployed · 70.4% of spending went to programs
  • Governance: 13 of 11 board members independent · 6 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $464K in reported program spending
  • Leadership: top reported pay $124K · 14 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 9 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.