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Massachusetts · Nonprofit

PROSPERITY CATALYST INC

PROSPERITY CATALYST INC (Massachusetts) receives grants from 16 organizations whose IRS filings report $902,175 to it, the largest being Boston Foundation Inc ($168,750). 10 of them have funded it in more than one year.

Revenue FY2023
$938k
Funders on record
16
Grants received
$902k
Net assets
$43k
10/16 repeat funderspeak grant-dependency 19%
01What it does

What Prosperity Catalyst Inc does

Mission

Prosperity catalyst develops and strengthens women-led businesses in distressed regions, providing business and technical training, creating opportunities for women to achieve economic and social empowerment.

As stated on its FY2023 Form 990.

Programs

  1. In 2013, not long after the earthquake, pcat started working in haiti, by providing business management training to 100 women in cap-haitian and launching a women-led candle production and export company called fanm limye (women illuminated), a for-profit business, which is 97% owned by prosperity catalyst with each of the remaining shares owned by two pcat board members and the current executive director. Fanm limye is also registered in haiti as a local nonprofit. In january 2015, pcat moved the operation to port-au-prince (pap), where there would be easier and cheaper access to supplies and to both local and export markets.the group of women trained in candle-making in pap found that their production was hampered by high quality beeswax, so pcat decided to work with local beekeepers starting in 2016. To date, we have trained 1,108 beekeepers, 62% women in 5 communes of the west department and 3 communes of nippes department. This year we added agroforestry training to the 32 beekeeping communities and planted another 25,000 trees. We are also launching a maternal child health and nutrition component.

    $335,574 spent
    46% of program spending
  2. Our work in iraq has a special emphasis on supporting and providing economic opportunities for female heads of household, war widows, internally displaced persons (idps), and other vulnerable women. In 2013, prosperity catalyst launched an innovative and market-driven model in baghdad, iraq, with the goal of creating economic opportunity for hundreds of iraqi women. We have supported operations in erbil, dohuk, mosul, baghdad, basra, dhi qar, muthana, and hilla. To date, we have provided technical training to 1,695 iraqi artisans, 93% women; provided business feasibility and planning training to 1,428 entrepreneurs909 artisans, 9285% women; and provided business expansion or start-up kits to 154 142 artisan businesses employing more than 505 people. We have also trained 103 tour guides and 150 tourism entrepreneurs, 55% women.

    $390,113 spent
    54% of program spending

The 2 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $725,687.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.3M) Expenses 100 ($1.1M) Net assets 100 ($288k)2018 Revenue 81 ($1.0M) Expenses 94 ($1.1M) Net assets 84 ($242k)2019 Revenue 112 ($1.4M) Expenses 126 ($1.4M) Net assets 81 ($234k)2020 Revenue 143 ($1.8M) Expenses 162 ($1.8M) Net assets 73 ($211k)2021 Revenue 119 ($1.5M) Expenses 141 ($1.6M) Net assets 43 ($123k)2022 Revenue 66 ($824k) Expenses 85 ($951k) Net assets -1 ($-4285)2023 Revenue 75 ($938k) Expenses 79 ($891k) Net assets 15 ($43k)
2017201820192020202120222023
Revenue (75)Expenses (79)Net assets (15)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $363k to $212k (−42%).

$437k
$367k
$300k
$283k
$349k
$363k
$212k
2017201820192020202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 56% · 2018 61% · 2019 67% · 2020 71% · 2021 81% · 2022 55%. Grants only. Government contracts and fees sit inside program revenue.

103% of PROSPERITY CATALYST INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 4,945 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 reported years ran a deficit.

$131k
’17
−$46k
’18
−$8k
’19
−$23k
’20
−$88k
’21
−$127k
’22
$47k
’23
2.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Catherine Gibbons

Executive director

Board chair

Dena Enos

Board chair

As listed on its FY2023 Form 990.

2017201820192020202120222023
Listed1514141410911
Joined·+2+3+1+1+1+2
No longer listed·331520
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 6 funders, grant income fell $232k → $104k.

7 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PROSPERITY CATALYST INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PROSPERITY CATALYST INC has a broad base — no single funder exceeds 19% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PROSPERITY CATALYST INC.

19%
largest funder
52%
top three
~7
effective funders

Largest funder’s share by year: 2017 65% · 2018 42% · 2019 45% · 2020 63% · 2021 50% · 2022 33% · 2023 37% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

46% of PROSPERITY CATALYST INC's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

PROSPERITY CATALYST INC draws 100% of its grant income from funders outside Massachusetts, across 7 states in all.

NH
MN
SD
CA
NC
DC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $401k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PROSPERITY CATALYST INC runs a healthier operating margin than half of the 4,463 international nonprofits its size.

Operating margin5% · above the median
Months of reserve2.1mo · bottom quartile
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 4,463 international nonprofits $100k–$1M, FY2023

Organizations like PROSPERITY CATALYST INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 12%Fundraising 7%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 2 related entities

  • Prosperity Catalyst LLC · disregarded
  • Fanm Limye · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for PROSPERITY CATALYST INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PROSPERITY CATALYST INC?
PROSPERITY CATALYST INC (Massachusetts) receives grants from 16 organizations whose IRS filings report $902,175 to it, the largest being Boston Foundation Inc ($168,750). 10 of them have funded it in more than one year.
How many funders does PROSPERITY CATALYST INC have?
IRS filings report 16 organizations giving $902,175 in grants to PROSPERITY CATALYST INC, 10 of which have funded it in more than one year.
Who is the largest funder of PROSPERITY CATALYST INC?
Boston Foundation Inc is the largest funder on record, with $168,750 in grants. The full list of funders is on this page.
How can an organization like PROSPERITY CATALYST INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Prosperity Catalyst →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing