Tahoe Prosperity Center
EIN: 453559172 · Incline Vlg, NV · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $686K |
| Total Expenses | $692K |
| Net Assets | $119K |
Is Tahoe Prosperity Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tahoe Prosperity Center
Tahoe Prosperity Center (EIN: 453559172) is a nonprofit organization based in Incline Vlg, NV, classified under NTEE code S31. The organization reported total revenue of $686K and total assets of $394K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tahoe Prosperity Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tahoe Prosperity Center is a small nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 19.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $553K |
| Total Expenses | $692K |
| Surplus / Deficit | $-139,386 |
| Total Assets | $204K |
| Total Liabilities | $85K |
| Net Assets | $119K |
| Operating Margin | -25.2% |
| Debt-to-Asset Ratio | 41.5% |
| Months of Reserves | 3.5 months |
Financial Health Grade: B
In 2023, Tahoe Prosperity Center reported a deficit of $139K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 41.5% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Tahoe Prosperity Center's revenue has grown at a compound annual growth rate (CAGR) of 19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +51.1% | -41.6% |
| 2022 | -13.9% | -23.6% | -3.5% |
| 2021 | +92.2% | +82.4% | +58.7% |
| 2020 | -34.1% | -12.8% | -18.2% |
| 2019 | +35.8% | +9.9% | +124.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tahoe Prosperity Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tahoe Prosperity Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $139K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.5%.
Frequently Asked Questions about Tahoe Prosperity Center
Is Tahoe Prosperity Center a legitimate charity?
Tahoe Prosperity Center (EIN: 453559172) is a registered tax-exempt nonprofit based in Nevada. It has 11 years of IRS 990 filings on record. Total revenue: $686K. No red flags identified. Financial health grade: B.
How does Tahoe Prosperity Center spend its money?
Tahoe Prosperity Center reported $686K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tahoe Prosperity Center tax-deductible?
Tahoe Prosperity Center is registered as a tax-exempt nonprofit (EIN: 453559172). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tahoe Prosperity Center located?
Tahoe Prosperity Center is headquartered in Incline Vlg, Nevada and files with the IRS under EIN 453559172. It is classified under NTEE code S31.
How many years of IRS 990 filings does Tahoe Prosperity Center have?
Tahoe Prosperity Center has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $686K in total revenue.
Filing History
IRS 990 filing history for Tahoe Prosperity Center showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Tahoe Prosperity Center's revenue has grown by 481.8%, moving from $95K to $553K. Total assets increased by 157.3% over the same period, from $79K to $204K. Total functional expenses rose by 1572.1%, from $41K to $692K. In its most recent filing year (2023), Tahoe Prosperity Center reported a deficit of $139K, with expenses exceeding revenue. The organization holds $85K in liabilities against $204K in assets (debt-to-asset ratio: 41.5%), resulting in net assets of $119K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $553K | $692K | $204K | $85K | — | View 990 |
| 2022 | $531K | $458K | $349K | $79K | — | View 990 |
| 2021 | $618K | $599K | $362K | $127K | — | View 990 |
| 2020 | $321K | $328K | $228K | $5K | — | — |
| 2019 | $488K | $376K | $278K | $49K | — | View 990 |
| 2018 | $359K | $343K | $124K | $5K | — | View 990 |
| 2017 | $310K | $308K | $102K | $0 | — | View 990 |
| 2016 | $176K | $157K | $100K | $700 | — | View 990 |
| 2015 | $198K | $179K | $81K | $240 | — | View 990 |
| 2014 | $133K | $150K | $62K | $146 | — | View 990 |
| 2013 | $95K | $41K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $553K, expenses of $692K, and assets of $204K (revenue +4.0% year-over-year).
- 2022: Revenue of $531K, expenses of $458K, and assets of $349K (revenue -13.9% year-over-year).
- 2021: Revenue of $618K, expenses of $599K, and assets of $362K (revenue +92.2% year-over-year).
- 2020: Revenue of $321K, expenses of $328K, and assets of $228K (revenue -34.1% year-over-year).
- 2019: Revenue of $488K, expenses of $376K, and assets of $278K (revenue +35.8% year-over-year).
- 2018: Revenue of $359K, expenses of $343K, and assets of $124K (revenue +15.7% year-over-year).
- 2017: Revenue of $310K, expenses of $308K, and assets of $102K (revenue +76.2% year-over-year).
- 2016: Revenue of $176K, expenses of $157K, and assets of $100K (revenue -11.0% year-over-year).
- 2015: Revenue of $198K, expenses of $179K, and assets of $81K (revenue +49.2% year-over-year).
- 2014: Revenue of $133K, expenses of $150K, and assets of $62K (revenue +39.7% year-over-year).
- 2013: Revenue of $95K, expenses of $41K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tahoe Prosperity Center:
Data Sources and Methodology
This transparency report for Tahoe Prosperity Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.