Prepare + Prosper and its volunteers work with low- to moderate-income people to build financial well-being through free tax preparation and financial services, products, and coaching, and by changing systems to create economic opportunity.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Human Services organizations in Minnesota.
| Position | Total |
|---|---|
Executive Director 75th to 90th percentile | $149k $159k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 11 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Prepare and Prosper equaled 4% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Climbed 10%
over 2 years
From $135k in 2022 to $149k in 2024.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 10% from 2022 to 2024, while revenue rose 8%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Prepare and Prosper
What does the Chief Executive Officer of Prepare and Prosper earn?
In 2024, the Chief Executive Officer of Prepare and Prosper received $148,955 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Human Services organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Prepare and Prosper compare with similar nonprofits?
Compared with the same role at Human Services organizations in Minnesota, the 2024 pay of the Chief Executive Officer at Prepare and Prosper falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Prepare and Prosper equaled 4% of the organization's total expenses. The median for human services organizations is 8%.
What are Prepare and Prosper's revenue and expenses?
In 2024, Prepare and Prosper reported $2.8M in total revenue and $3.4M in total expenses on its IRS Form 990.
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