What is Prepare + Prosper?
Prepare + Prosper is a nonprofit organization committed to fostering financial well-being among individuals with low to moderate incomes. The organization provides essential services including free tax preparation, personalized financial coaching through its Money Mentors program, and banking support. Beyond direct client services, Prepare + Prosper actively engages in advocacy to dismantle systemic financial barriers affecting its diverse clientele, which includes BIPOC individuals, the elderly, and caregivers.
How much funding has Prepare + Prosper raised?
Prepare + Prosper has raised a total of $375K across 2 funding rounds:
Debt
$150K
Debt
$225K
Debt (2020): $150K with participation from PPP
Debt (2021): $225K led by PPP
What's next for Prepare + Prosper?
The substantial capital infusion, particularly the recent strategic investment, positions Prepare + Prosper for an accelerated phase of growth and expanded service delivery. This late-stage funding suggests a focus on scaling operations, enhancing technological infrastructure, and potentially broadening its advocacy reach. The organization is poised to deepen its impact by reaching more individuals and communities, further solidifying its mission to build brighter financial futures and address economic disparities.
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