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Prosperity Connection

EIN 80-0444131 · Saint Louis, MO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak48 out of 100GovernanceFair55 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROMOTE ECONOMIC SUCCESS FOR EVERYONE IN THE ST. LOUIS REGION BY PROVIDING FINANCIAL EDUCATION AND ACCESS TO RELIABLE FINANCIAL PRODUCTS AND SERVICES.

Income
$1.2 million
Spending
$1.5 million
Spent on programs
52%
Reserves
4 months of spending
Largest source of income
donations and private grants, 94%
Employees
14
Volunteers
0
Highest pay
$167,329, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 48 out of 100. Higher than 17% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.0 months of spending.

  • Debt

    20 of 20

    It owes 7% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 26% of income.

  • Income trend

    0 of 15

    Income fell 27% on the year before.

  • Spending floor

    8 of 15

    52% of spending went to programs and raising each dollar of donations cost 19 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 55 out of 100. Higher than 10% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $401,011 spent. THROUGH THE ORGANIZATION'S COACHING PROGRAM, THEY PROVIDE IN-DEPTH ONE-ON-ONE PERSONALIZED COACHING. THIS IN-DEPTH, GOAL-ORIENTED COACHING ACCEPTS CLIENTS THROUGH PARTNER REFERRALS AND VIA THEIR WEBSITE.
  2. $287,732 spent. THROUGH THE ORGANIZATION'S ST. LOUIS BUILDS CREDIT PROGRAM, THEY OFFER FINANCIAL EDUCATIONS CLASSES, COMMUNITY CREDIT FAIRS, AND PERSONALIZED CREDIT REVIEWS. THE FIVE CORE FINANCIAL EDUCATION CLASSES OFFERED ARE HELD MONTHLY, AND DESIGNED TO GIVE A BASIS OF KNOWLEDGE AND SERVE AS THE BACKBONE FOR THE OTHER SERVICES OFFERED BY THE ORGANIZATION. COMMUNITY CREDIT FAIRS ARE PROVIDED WITHIN THE COMMUNITY, PROVIDING FICO CREDIT REPORTS, AS WELL AS PERSONALIZED ACTION PLANS, ALL WITHIN A 15-MINUTE ON-SITE MEETING. VOLUNTEERS HELP TO DELIVER CLASSES AND STAFF CREDIT FAIRS. CREDIT REVIEWS ARE ONE-TIME MEETINGS OFFERED TO CLIENTS WHO MAY NOT BE READY FOR IN-DEPTH COACHING BUT WANT TO START THEIR CREDIT-BUILDING JOURNEY.
  3. $107,648 spent. THE ORGANIZATION OFFERS PERSONAL FINANCE EDUCATION CLASSES, CREDIT REPORT REVIEWS AND 1-ON-1 FINANCIAL COACHING. THESE CLASSES ARE DESIGNED TO PROVIDE A FOUNDATIONAL KNOWLEDGE OF COMMON PERSONAL FINANCE TOPICS SUCH AS BUDGETING, CREDIT, AND EQUIPPING EMPLOYEES TO BUILD A STRONG FOUNDATION. DURING THIS APPOINTMENT, EMPLOYEES RECEIVE A COPY OF THEIR CREDIT REPORT, FICO CREDIT SCORE AND PERSONALIZED TIPS FOR IMPROVING THEIR CREDIT. EMPLOYEES ALSO RECEIVE COACHING ON HOW TO SET ACHIEVABLE GOALS, CREATE CUSTOMIZED ACTION PLANS, AND BUILD SAVINGS FOR THE FUTURE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 2010.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.