New Mexico · Nonprofit
PROSPERITY WORKS
PROSPERITY WORKS (New Mexico) receives grants from 24 organizations whose IRS filings report $2,944,515 to it, the largest being WK Kellogg Foundation ($1,220,700). 14 of them have funded it in more than one year.
- Revenue FY2025
- $857k
- Funders on record
- 24
- Grants received
- $2.9M
- Net assets
- $297k
What Prosperity Works does
Mission
Prosperity Works builds the capacity of organizations and advocates for policies that generate economic prosperity for all new mexicans. Through this work, we implement a vision that every new mexican has the opportunity, knowledge and relationships to achieve economic prosperity.
As stated on its FY2025 Form 990.
Programs
Financial inclusion and opportunity- individual development accounts (idas) have been deployed to encourage savings, investment and asset accumulation among moderate income and working families. Idas are matched savings accounts that are used to (a) buy a first home (b) pursue post secondary education (c) start or expand a small business (d)purchase a car to go to work or school (e) repair a home. In counties throughout new mexico, Prosperity Works and its partners use idas to stabilize families financially, assist them in building assets, and build strong communities. It is with banks, credit unions, ngo's and public and private investments that we are able to operate the new mexico assets consortium that manages this rural and urban delivery system.
$277,972 spentof which $113,346 as grants$2,100 earned by the program38% of program spendingSustainable energy solutions program- this program addresses a key factor in low-income families: decreasing the high cost of energy; increasing efficiency and improving the health, safety and comfort of homes. This is accomplished through the implementation of efficiency measures in homes, and advocating for policy that removes barriers to participation and increases available resources. This initiative also represents low-income people at the public regulation commission on energy burden issues.
$213,796 spent$20,000 earned by the program29% of program spendingChildrens economic security: prosperity kids is a matched college savings account initiative. It is designed to leverage the important work of partner organizations thus furthering their engagement with clients and increasing their impact. Thus, young parents are retained in home visitng programs; single parent college students sustain their enrollment; headstart parents participate in program requirements; and, parents enrolled in child development and community leadership courses make major investments in the healthly development education of their children and of their family as a whole. Additionally, young people receive consistent funding to be able to continue thier high school education.
$125,121 spentof which $26,937 as grants17% of program spendingConsumer advocacy- Prosperity Works partners with organizations and communities across the state to support policies to build assets for low-income communities. Banking access- bank on new mexico helps to create new safe and affordable checking accounts for unbanked new mexicans. Additionally, we develop partnerships between financial institutions and organizations who serve unbanked new mexicans.
$108,274 spent$183,122 earned by the program15% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $725,163.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.4M to $1.8M (+26%).
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.
Government-grant reliance: 2020 31% · 2024 9%. Grants only. Government contracts and fees sit inside program revenue.
76% of PROSPERITY WORKS’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.
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
Dr Ann Lyn Hall
CEO
Board chair
Juan Abeyta
Board chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2021 and FY2022, and between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 8 funders, grant income rose $280k → $318k.
6 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% 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 WORKS’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 WORKS leans on a few funders — its largest provides 41% of grant income and the top three 70%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
34% 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 WORKS.
Largest funder’s share by year: 2017 89% · 2018 55% · 2019 30% · 2020 36% · 2021 28% · 2022 33% · 2023 55% — 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
37% of PROSPERITY WORKS's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
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 WORKS draws 75% of its grant income from funders outside New Mexico, across 9 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $323k arriving through sponsors registered in 5 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.
Against its field
PROSPERITY WORKS's funding base is broadening — from 4 funders to 8 as grant income climbed.
this organization peer median middle 50% of peers· 1,185 membership benefit nonprofits $100k–$1M, FY2025
Organizations like PROSPERITY WORKS
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 New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
69%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for PROSPERITY WORKS: 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.
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 WORKS?
- PROSPERITY WORKS (New Mexico) receives grants from 24 organizations whose IRS filings report $2,944,515 to it, the largest being WK Kellogg Foundation ($1,220,700). 14 of them have funded it in more than one year.
- How many funders does PROSPERITY WORKS have?
- IRS filings report 24 organizations giving $2,944,515 in grants to PROSPERITY WORKS, 14 of which have funded it in more than one year.
- Who is the largest funder of PROSPERITY WORKS?
- WK Kellogg Foundation is the largest funder on record, with $1,220,700 in grants. The full list of funders is on this page.
- How can an organization like PROSPERITY WORKS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. 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 Works →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 24 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