The Prospect Advancement Fund
LAWRENCE, MA EIN: 92-0403094
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$988K
-1.4% YoY
Annual Giving
$27K
-32.5% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$9K
-77.5% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $987,684 | $1,001,977 |
| Revenue | $40,155 | $1,046,600 |
| Expenses | $55,233 | $44,623 |
| Qualifying Distributions | $46,656 | $40,000 |
| Net Investment Income | $6,578 | — |
| Distributable Amount | $50,565 | $31,489 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Prospect Advancement Fund fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICARDO NEAL | PRESIDENT | 5 | $9,000 |
| ATIYA DANGLEBEN NEAL | TREASURER | 1 | — |
| ANTHONY DEVOE | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Maryland $65K (97%)
Missouri $2K (2%)
Massachusetts $515 (1%)
Cities
BaltimoreJamaica PlainKansas City
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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