NonprofitsProsperity Catalyst Inc

International, Foreign Affairs & National Security

Prosperity Catalyst Inc

BEVERLY, MA

Total revenue

$938K

Total expenses

$891K

Net assets

$43K

Grants received

$511K

31 grants

EIN

272911776

Tax year

2022

Mission

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

Programs

1 program

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.

Expenses: $390K

Financials

FY 2022

Revenue

Contributions & grants$963K
Program service revenue
Investment income
Other revenue
Total revenue$938K

Expenses

Grants paid
Salaries & benefits$164K
Fundraising$59K
Other expenses$727K
Total expenses$891K
Total assets$212K
Net assets$43K

People

11 listed

NameRoleCompensation

CATHERINE GIBBONS

EXECUTIVE DIRECTOR

Board

$86K

40 hrs/wk

ANTHONY ROCK

DIRECTOR

Board

1 hrs/wk

SUSAN HESTER

DIRECTOR

Board

1 hrs/wk

MARK KRIPP

TREASURER

Board

2 hrs/wk

DENA ENOS

BOARD CHAIR

Board

4 hrs/wk

REMI KATHWADA

DIRECTOR

Board

1 hrs/wk

ELAINE MARTYN

DIRECTOR

Board

1 hrs/wk

DANA FROST

VICE CHAIR

Board

1 hrs/wk

ELLEN REMMER

DIRECTOR

Board

1 hrs/wk

MIKE PUTNAM

DIRECTOR

Board

1 hrs/wk

PIERRE NOEL

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 31 of 31

FromAmountPurposeYear
$30K
Operating Support/Annual Fund
2023
$23K
For grant recipient's exempt purposes
2023
$15K
COMMUNITY & HUMAN SERVICES
2023
$2K
GENERAL OPERATING FUND
2023
$39K
For grant recipient's exempt purposes
2022
$30K
GENERAL OPERATING EXPENSES
2022
$25K
COMMUNITY & HUMAN SERVICES
2022
$13K
Operating Support/Annual Fund
2022
$6K
GENERAL SUPPORT
2022
$1K
GENERAL OPERATING FUND
2022
$10K
Operating Support/Annual Fund
2021
$10K
Disaster Relief
2021
$9K
For grant recipient's exempt purposes
2021
$9K
For grant recipient's exempt purposes
2021
$150K
Charitable aid
2020
$20K
Operating Support/Annual Fund
2020
$16K
For grant recipient's exempt purposes
2020
$3K
Women Entrepreneurs in Haiti & Iraq
2020
$15K
Operating Support/Annual Fund
2019
$10K
Emergency Support
2019
$9K
For grant recipient's exempt purposes
2019
$9K
For grant recipient's exempt purposes
2018
$2K
GENERAL SUPPORT
2018
$23K
Operating Support
2017
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$511K from 12 funders · 31 grants · 2017–2023

Food For The Poor Inc

$150K · 1 grant · 2020

Boston Foundation Inc

$130K · 8 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$125K · 8 grants · 2017–2023

The Ayco Charitable Foundation

$40K · 2 grants · 2022–2023

Flora Family Foundation

$30K · 1 grant · 2022

Mightycause Charitable Foundation

$15K · 1 grant · 2020

Impactassetsinc

$6K · 1 grant · 2022

American Endowment Foundation

$5K · 1 grant · 2020

Details

EIN272911776
NTEE codeQ33
Subsection03
Ruling date2011-04
Formed2010
Employees2
Volunteers0
PROSPERITY CATALYST INC — Mission, Financials & Grants Received | Grantivo