Overview

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Est.

1971

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Prepare and Prosper (EIN: 23-7131829) is a nonprofit organization dedicated to providing free tax preparation, financial coaching, and banking access assistance, primarily focusing on empowering individuals to improve their financial well-being. With an operating budget of $3.4 million and total revenue of $2.8 million for the filing year 2025, the organization is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.prepareandprosper.org.

Mission Statement

P+P does free taxes, free financial coaching, and helps people obtain banking access.
Revenues
$2.8M
Expenses
$3.4M
Net Income:
-$630.2K
Assets
$1.5M
Liabilities
$564.8K
Net Assets:
+$913.9K
Operating Budget
$3.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
21
Median grant size
$25K
Largest grant received
$140K
S
Suyapa Miranda
Board Member
E
Elizabeth White
Board Member
R
Ronda Chakolis
Board Member

Frequently Asked Questions

What is Prepare and Prosper’s budget?
In 2025, Prepare and Prosper reported an annual operating budget of around $3.4 million. More detailed financial information is available to registered users.
What causes does Prepare and Prosper support?
Prepare and Prosper supports work in Financial counseling.
Where does Prepare and Prosper operate?
Prepare and Prosper is headquartered in St. Paul, MN.
Who funded Prepare and Prosper recently?
In 2025, Prepare and Prosper received grants from TARGET FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant Prepare and Prosper received in 2024?
The largest grant to Prepare and Prosper in 2024 exceeds $140 thousand.
What is Prepare and Prosper’s reliance on government grants?
Prepare and Prosper relied on government grants for more than 75% of their total revenue in 2025.