PROSPECTS OPPORTUNITY AND ENRICHMENT INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
PROSPECTS OPPORTUNITY AND ENRICHMENT INC (EIN 46-1904997)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-25
IRS object ID
202321459349301112
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-25T13:12:47-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN873231666PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 MAMARONECK AVENUE SUITE 301AddressLine1Txt
CityHARRISONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105281633ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461904997EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PROSPECTS OPPORTUNITY AND ENRICHMENTBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPROSBusinessNameControlTxt
Phone2034380136PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 PROSPECT STREETAddressLine1Txt
CityRIDGEFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06877ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL SANTINIPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2034380136PhoneNum
Signature2023-05-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastSANTINIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVA MRUKPreparerPersonNm
PTINP00543254PTIN
Phone9143818900PhoneNum
Preparation2023-05-22PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1THE PROSPECTOR THEATERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerMICHAEL SANTINIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 PROSPECT STREETAddressLine1Txt
CityRIDGEFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06877ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,107,065GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PROSPECTORTHEATER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee132TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,776,607PYContributionsGrantsAmt
CY Contributions Grants$1,480,684CYContributionsGrantsAmt
PY Program Service Revenue$802,288PYProgramServiceRevenueAmt
CY Program Service Revenue$1,274,640CYProgramServiceRevenueAmt
PY Investment Income$44,949PYInvestmentIncomeAmt
CY Investment Income$146,157CYInvestmentIncomeAmt
PY Other Revenue$270,463PYOtherRevenueAmt
CY Other Revenue$439,314CYOtherRevenueAmt
PY Total Revenue$2,894,307PYTotalRevenueAmt
CY Total Revenue$3,340,795CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,808,215PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,603,635CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$261,143CYTotalFundraisingExpenseAmt
PY Other Expenses$1,108,436PYOtherExpensesAmt
CY Other Expenses$1,487,552CYOtherExpensesAmt
PY Total Expenses$3,916,651PYTotalExpensesAmt
CY Total Expenses$5,091,187CYTotalExpensesAmt
PY Revenues Less Expenses-$1,022,344PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,750,392CYRevenuesLessExpensesAmt
Total Assets BOY$9,691,483TotalAssetsBOYAmt
Total Assets EOY$7,799,112TotalAssetsEOYAmt
Total Liabilities BOY$451,978TotalLiabilitiesBOYAmt
Total Liabilities EOY$464,128TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,239,505NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,334,984NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE PROSPECTOR IS TO CREATE COMPETITIVE AND INCLUSIVE EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES, WHILE EDUCATING AUDIENCES ABOUT THE TALENTS, SKILLS, AND EMPLOYABILITY OF THIS UNDERREPRESENTED WORKFORCE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,500,469ExpenseAmt
Grant$0GrantAmt
Revenue$1,713,954RevenueAmt
DescSEE SCHEDULE ODesc
Total Program Service Expenses$4,500,469TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document23IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee132EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LINDA JOHNSTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2034380136PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 PROSPECT STREETAddressLine1Txt
CityRIDGEFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06877ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
VALERIE K JENSEN
PRESIDENT10.000.50Yes (X)Yes (X)$0$0$0
GEORGE GRECZYLO
SECRETARY1.000.00Yes (X)Yes (X)$0$0$0
JULIEN MARCEL
TREASURER1.000.00Yes (X)Yes (X)$0$0$0
MICHAEL SANTINI
EXECUTIVE DIRECTOR40.000.50Yes (X)$200,000$0$218
RYAN WENKE
DIRECTOR OF THEATER OPS40.000.50$175,234$0$21,999Yes (X)
BRAD BELLAGAMBA
HR DIRECTOR40.000.00$149,048$0$4,643Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$524,282TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$26,860TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$7,580MembershipDuesAmt
Government Grants$180,121GovernmentGrantsAmt
All Other Contributions$1,292,983AllOtherContributionsAmt
Total Contributions$1,480,684TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TICKET SALES711110$930,437$930,437
JOB TRAINING - FARM624310$173,008$173,008
EVENT RENTALS711110$171,195$171,195
FieldValueIRS element (for citing)
Total Program Service Revenue$1,274,640TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$146,157TotalRevenueColumnAmt
Exclusion$146,157ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,503,855SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,503,855SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$701,729GrossSalesOfInventoryAmt
Cost Of Goods Sold$262,415CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$439,314TotalRevenueColumnAmt
Related Or Exempt Func Income$439,314RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,340,795TotalRevenueColumnAmt
Related Or Exempt Func Income$1,713,954RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$146,157ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$200,218TotalAmt
Program Services$60,065ProgramServicesAmt
Management And General$80,088ManagementAndGeneralAmt
Fundraising$60,065FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$18,752TotalAmt
Program Services$18,752ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,981,459TotalAmt
Program Services$2,740,634ProgramServicesAmt
Management And General$124,493ManagementAndGeneralAmt
Fundraising$116,332FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$143,848TotalAmt
Program Services$126,722ProgramServicesAmt
Management And General$9,196ManagementAndGeneralAmt
Fundraising$7,930FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$259,358TotalAmt
Program Services$228,571ProgramServicesAmt
Management And General$16,492ManagementAndGeneralAmt
Fundraising$14,295FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$10,385TotalAmt
Management And General$10,385ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$31,400TotalAmt
Management And General$31,400ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$135,422TotalAmt
Program Services$129,963ProgramServicesAmt
Management And General$5,459ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$59,685TotalAmt
Program Services$52,581ProgramServicesAmt
Management And General$3,815ManagementAndGeneralAmt
Fundraising$3,289FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$275,654TotalAmt
Program Services$253,892ProgramServicesAmt
Management And General$13,320ManagementAndGeneralAmt
Fundraising$8,442FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$71,838TotalAmt
Program Services$57,492ProgramServicesAmt
Management And General$10,388ManagementAndGeneralAmt
Fundraising$3,958FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$529,775TotalAmt
Program Services$529,775ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$244,522TotalAmt
Program Services$213,359ProgramServicesAmt
Management And General$18,492ManagementAndGeneralAmt
Fundraising$12,671FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,055TotalAmt
Program Services$6,055ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$46,230TotalAmt
Program Services$40,729ProgramServicesAmt
Management And General$2,954ManagementAndGeneralAmt
Fundraising$2,547FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
REPAIRS & MAINTENANCE$46,102$40,616$2,946$2,540
FUNDRAISING EXPENSES$29,074$29,074
LAUNDRY AND CLEANING EX$1,263$1,263
OPERATING EXPENSES$147$147

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,091,187TotalAmt
Program Services$4,500,469ProgramServicesAmt
Management And General$329,575ManagementAndGeneralAmt
Fundraising$261,143FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$893,867BOYAmt
EOY$691,607EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$7,687,966BOYAmt
EOY$5,965,468EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$17,181BOYAmt
EOY$121,745EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$31,374BOYAmt
EOY$25,173EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$12,922BOYAmt
EOY$12,049EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$83,306BOYAmt
EOY$34,424EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$588,509LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$451,997LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$117,187BOYAmt
EOY$136,512EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$847,680BOYAmt
EOY$812,134EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,691,483BOYAmt
EOY$7,799,112EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$271,484BOYAmt
EOY$271,138EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$180,494BOYAmt
EOY$192,990EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$451,978BOYAmt
EOY$464,128EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,186,005BOYAmt
EOY$7,212,284EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$53,500BOYAmt
EOY$122,700EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,239,505BOYAmt
EOY$7,334,984EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,691,483BOYAmt
EOY$7,799,112EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,750,392ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$154,129NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,770,660CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,826,011CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,491,417CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,776,607CurrentTaxYearMinus1YearAmt
Current Tax Year$1,480,684CurrentTaxYearAmt
Total$14,345,379TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,137,769CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,101,478CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$616,826CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,183,191CurrentTaxYearMinus1YearAmt
Current Tax Year$1,976,369CurrentTaxYearAmt
Total$8,015,633TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,908,429CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,927,489CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,108,243CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,959,798CurrentTaxYearMinus1YearAmt
Current Tax Year$3,457,053CurrentTaxYearAmt
Total$22,361,012TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$950,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$125,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$550,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$125,000CurrentTaxYearMinus1YearAmt
Current Tax Year$20,000CurrentTaxYearAmt
Total$1,770,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$950,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$125,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$550,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$125,000CurrentTaxYearMinus1YearAmt
Current Tax Year$20,000CurrentTaxYearAmt
Total$1,770,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$20,591,012PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,780CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$135,563CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$59,652CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$44,934CurrentTaxYearMinus1YearAmt
Current Tax Year$146,157CurrentTaxYearAmt
Total$426,086TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,780CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$135,563CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$59,652CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$44,934CurrentTaxYearMinus1YearAmt
Current Tax Year$146,157CurrentTaxYearAmt
Total$426,086TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,948,209CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,063,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,167,895CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,004,732CurrentTaxYearMinus1YearAmt
Current Tax Year$3,603,210CurrentTaxYearAmt
Total$22,787,098TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.90360PublicSupportCY509Pct
Public Support PY5090.83770PublicSupportPY509Pct
Investment Income CY0.01870InvestmentIncomeCYPct
Investment Income PY0.01160InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$588,509OtherCostOrOtherBasisAmt
Depreciation$451,997DepreciationAmt
Book Value$136,512BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$136,512TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,573,392TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$154,129NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$386,726DonatedServicesAndUseFcltsAmt
Revenue Not Reported$232,597RevenueNotReportedAmt
Revenue Subtotal$3,340,795RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,340,795TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,477,913TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$386,726DonatedServicesUseFcltsAmt
Expenses Not Reported$386,726ExpensesNotReportedAmt
Expenses Subtotal$5,091,187ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,091,187TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationPOE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT POE HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. POE IS SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2019.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL SANTINI
EXECUTIVE DIRECTOR$200,000$0$0$0$0$0$0$0$218$0$200,218$0$0$0
RYAN WENKE
DIRECTOR OF THEATER OPS$175,234$0$0$0$0$0$0$0$21,999$0$197,233$0$0$0
BRAD BELLAGAMBA
HR DIRECTOR$149,048$0$0$0$0$0$0$0$4,643$0$153,691$0$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonEJ GRECZYLOPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionSON OF BOARD SECRETARYRelationshipDescriptionTxt
Transaction$13,944TransactionAmt
TransactionEMPLOYMENTTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:PROSPECTS, OPPORTUNITY AND ENRICHMENT, INC. (POE), THE 501(C)(3) NON-PROFIT OPERATING THE PROSPECTOR THEATER, IS DEDICATED TO PROVIDING COMPETITIVE AND INCLUSIVE EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES. POE CURRENTLY IMPLEMENTS ITS MISSION THROUGH THE OPERATION OF A FIRST-RUN MOVIE THEATER IN RIDGEFIELD, CT AND A DEDICATED E-COMMERCE PLATFORM FOR THEIR GOURMET POPCORN. POE'S MODEL CAN BE APPLIED TO OTHER INDUSTRIES OFFERING MUCH-NEEDED, IN-DEMAND EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES. AROUND 75% OF PROSPECTS, THE NAME OF ALL PROSPECTOR EMPLOYEES, SELF-IDENTIFY WITH A DISABILITY. WE JOB CARVE, ELIMINATE OBSTACLES, DOCUMENT WATCHOUTFORS, AND RIGOR-TEST WITH THE LATEST ADAPTIVE TECHNOLOGIES AND ACCESSIBLE SERVICES. THROUGH OUR SIGNATURE SPARKLE-MINING PROCESS, WE TRANSFORM PASSIONS INTO PROFESSIONS. OUR GOAL IS TO CREATE MEANINGFUL WORK FOR MILLIONS OF PEOPLE WITH DISABILITIES. THERE IS A DESPERATE NEED FOR OUR WORK; NEARLY 80% OF AMERICANS WITH DISABILITIES DO NOT HAVE A JOB. BY ENGAGING GUESTS, MOVIEGOERS, EDUCATORS, STUDENTS, BUSINESSES, AND MORE, PROSPECTOR STANDS AS A SPARKLY BEACON OF HOPE FOR MILLIONS OF PEOPLE WITH DISABILITIES WHO CAN WORK, WANT TO WORK, BUT HAVE YET TO EXPERIENCE THE JOYS OF COMPETITIVE AND INCLUSIVE EMPLOYMENT.
FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:MOVIES FOR EVERYONE MOVIES ARE BETTER WHEN WE'RE TOGETHER! THE PROSPECTOR IS COMMITTED TO ACCESSIBLE AND INCLUSIVE MOVIEGOING, SERVING AS A MODEL FOR HOW EXHIBITORS CAN WELCOME AND ACCOMMODATE EVERY MOVIE LOVER. WE HAVE BUILT MEANINGFUL RELATIONSHIPS WITH STUDIOS, STARS, DIRECTORS, TECHNOLOGY PROVIDERS, AUDIO DESCRIPTION NARRATORS, AND OTHER INDUSTRY STAKEHOLDERS TO SPARK CONVERSATIONS ABOUT, AND PROVIDE FEEDBACK ON, ACCESSIBLE HOLLYWOOD CONTENT. ONE SUCH EXAMPLE IS THE PROSPECTOR'S ASL CLASS. PROSPECTS ENLISTED THE HELP OF SUZANNE AND LEROY TERRIO, PROUD SUPPORTERS AND MOVIEGOERS FROM RIDGEFIELD, TO LEARN AMERICAN SIGN LANGUAGE (ASL). THE SESSIONS FOCUSED ON BASIC SIGNS AND MOVIE THEATER-SPECIFIC VOCABULARY. AS WE ENGAGED MORE MEMBERS OF THE DEAF COMMUNITY, WE DISCOVERED AN OVERARCHING THEME - THE NEED FOR OPEN CAPTION SCREENINGS. THE PROSPECTOR STARTED PRIME-TIME, PREMIERE-WEEKEND, OPEN CAPTION SCREENINGS - INCLUDING A PREMIERE OF CODA FEATURING A Q&A WITH REAL-LIFE CODAS, AS WELL AS ACADEMY AWARD-WINNING ACTOR TROY KOTSUR. LAST YEAR, OUR VERY OWN ALI INTERVIEWED TROY AFTER HE WON HIS AWARD. DURING THEIR TALK, ALI AND TROY DISCUSSED THE CULTURAL IMPORTANCE OF CODA AND THE NEED FOR HOLLYWOOD TO CREATE MORE CONTENT THAT AUTHENTICALLY REPRESENTS MARGINALIZED COMMUNITIES. PROSPECTS ALSO CONTINUED A SKILLS-SHARING PARTNERSHIP WITH DREAMWORKS ANIMATION'S MYABILITIES TEAM. PROSPECTS EAGERLY SHARE THE SPARKLING MOVIEGOING EXPERIENCES AND THEMATIC INSTALLATIONS WE CURATE FOR DREAMWORKS FILMS, WHILE DREAMWORKS EMPLOYEES HOST PROFESSIONAL DEVELOPMENT SEMINARS WITH MEMBERS OF OUR PROSPECT PRODUCTIONS TEAM. BUILDING A BETTER MOVIEGOING EXPERIENCE IS CONTINUOUS EFFORT. PROSPECTS REMAIN ON THE CUTTING-EDGE OF OUR INDUSTRY, RESEARCHING NEW ACCESSIBILITY PRACTICES, SERVICES, FEATURES, AND TOOLS. WHEN WE DISCOVER UNIVERSALLY DESIGNED PRODUCTS THAT WE BELIEVE WILL BETTER OUR BUSINESS, WE'RE QUICK TO EXPLORE AND RIGOR-TEST. IN THIS SPIRIT, WE BEGAN OUR JOURNEY OF BECOMING A GOODMAPS VENUE. GOODMAPS IS A SOFTWARE DEVELOPER THAT CREATES AND MAINTAINS A FREE-TO-USE APP HOSTING SECURE 2D AND 3D DIGITAL MAPS OF PARTNERING ORGANIZATIONS. THE PROSPECTOR WAS THE FIRST EVER MOVIE THEATER TO PARTNER WITH GOODMAPS, ONCE AGAIN DEMONSTRATING HOW WE ARE LEADING THE CHARGE FOR INCLUSIVE MOVIEGOING. THE MAPS THEY ARE CREATING FOR US WILL IMPROVE OUR ACCESSIBILITY AND SAFETY, PROVIDING USERS WITH GUIDED NAVIGATION OF THE BUILDING, AS WELL AS DESCRIPTIONS OF MENUS, ARTWORK, AND MORE. OUR EXPERIENCES, NETWORK, AND SPARKLE PROVIDE US WITH THE TOOLS TO SERVE AS A RESOURCE FOR THOUSANDS OF MOVIE THEATERS LOOKING TO IMPROVE THEIR BUSINESS AND REACH THROUGH ACCESSIBLE MOVIEGOING. OUTPERFORMING POPCORN PROJECTIONS GROWTH REQUIRES THE RIGHT RECIPE. WITH THE PERFECT INGREDIENTS, A PROPER PLAN, AND A DASH OF SPARKLE, A MORSEL OF AN IDEA CAN POP INTO A WORLD OF OPPORTUNITIES. THE PROFESSIONAL POPCORNISTAS IN THE PROSPECTOR'S KITCHEN PLAY A STARRING ROLE IN OUR GROWTH AND EXPANSION, THANKS TO THE SUCCESS OF OUR E-COMMERCE BUSINESS. AFTER TACKLING THE GROWING PAINS THAT COME FROM LEARNING A NEW BUSINESS MODEL, THE PROSPECTOR POPCORN TEAM HAS DOVE HEAD FIRST INTO THE WORLD OF E-COMMERCE, LEARNING BEST PRACTICES AND DATA ANALYTICS. AFTER OPENING THE ONLINE SHOP IN OCTOBER OF 2021, IT TOOK US NEARLY A YEAR TO REACH OUR 1,000TH ORDER. BUT WITHIN A MONTH OF REACHING THIS MILESTONE, WE SOLD ANOTHER 1,000 ORDERS. THANKS IN PART TO SOME FANTASTIC PRESS COVERAGE, OUR ONLINE BUSINESS IS BOOMING! WE'VE SHIPPED POPCORN TO ALL FIFTY STATES, EXPANDING OUR CUSTOMER BASE AND INTRODUCING NEW COMMUNITIES TO OUR SPARKLE. WE'RE ON TRACK TO OUTPERFORM OUR 2023 PROJECTIONS FOR GROSS INCOME AND JOBS CREATED. OUR ONLINE POPCORN BUSINESS HAS EMERGED AS AN IDEAL WAY TO DIVERSIFY OUR REVENUE STREAMS AND CREATE MORE MEANINGFUL WORK. WE HAVE PLANS TO SCALE AND EXPAND OUR GOURMET POPCORN KITCHEN THIS YEAR, INCREASING OUR PRODUCTION CAPACITY AND OPTIMIZING THE SPACE. WITH PROMISING PROJECTIONS ON THE HORIZON, WE'RE BUILDING PLANS FOR FUTURE GROWTH AND EXPANSION. TEACHING HOW WE WORK MILLIONS OF PEOPLE WITH DISABILITIES DON'T HAVE A JOB. WE'RE ON A MISSION TO CHANGE THAT. SINCE OPENING, THE PROSPECTOR HAS RECEIVED HUNDREDS OF INQUIRIES FROM BUSINESSES, NON-PROFITS, SCHOOLS, AND COMMUNITY STAKEHOLDERS ABOUT HOW TO CREATE MORE COMPETITIVE AND INCLUSIVE EMPLOYMENT FOR PEOPLE WITH DISABILITIES. WITH ALMOST A DECADE OF OPERATIONS UNDER OUR BELT, THE PROSPECTOR IS UNIQUELY POSITIONED TO SERVE AS AN EDUCATIONAL RESOURCE FOR EMPLOYERS SMALL AND LARGE. IN THE FALL OF 2022, THE PROSPECTOR WELCOMED A GROUP FROM PARIS FOR A MULTI-DAY EDUCATIONAL EXPERIENCE. THE GROUP - CONSISTING OF EXECUTIVES, ENTREPRENEURS, NGO CHANGEMAKERS, AND LOCAL POLITICIANS - MADE THE JOURNEY TO PROSPECT STREET TO DISCOVER HOW THEY CAN TRANSFORM THEIR HISTORIC MOVIE THEATER INTO AN INCLUSIVE AND ACCESSIBLE MOVIEGOING DESTINATION OFFERING JOBS FOR PEOPLE WITH DISABILITIES. THE PROGRAM CONSISTED OF A TOUR, OVERVIEW OF THE MISSION, AND IN-DEPTH PROFESSIONAL DEVELOPMENT SESSIONS DETAILING HOW TO ADAPT ASPECTS OF THE PROSPECTOR'S MODEL. WITH THE LESSONS LEARNED FROM THE PROSPECTOR, THE PARIS TEAM IS NOW PREPARING FOR NEXT STEPS, INCLUDING AN UPCOMING PRESENTATION TO CITY OFFICIALS. MORE UPDATES SOON! OUR FRIENDS FROM FRANCE ARE ONE OF HUNDREDS OF INQUIRIES WE RECEIVE ANNUALLY. COMMUNITIES ACROSS THE WORLD WANT TO EXPERIENCE THE SPARKLE FOR THEMSELVES, AND PROSPECTOR IS READY TO ANSWER THE CALL. IN THE FALL OF 2022, THE PROSPECTOR BEGAN EXPLORING HOW TO OFFER MORE EDUCATIONAL PROGRAMMING TO BUSINESSES AND EMPLOYERS LOOKING TO TAP INTO THE INCREDIBLE TALENT POOL OF PEOPLE WITH DISABILITIES. THE PROCEDURES, PRODUCTS, AND CURRICULUM WE DEVELOP ARE UNIVERSALLY DESIGNED AND CAN BE TRANSLATED TO A VARIETY OF BUSINESSES. WE'RE EAGER TO PILOT THIS BUSINESS-MENTORSHIP PROGRAM IN 2023. IF WE CAN TEACH AND TRAIN MORE EMPLOYERS HOW TO SPARKLE-MINE, THE PROSPECTOR CAN HELP TO CREATE THOUSANDS MORE JOBS FOR PEOPLE WITH DISABILITIES. IN ADDITION TO EMPLOYERS, WE'RE ALSO DEVISING SOLUTIONS FOR JOBSEEKERS. OUR IT TEAM IS CURRENTLY BUILDING OUT A PLATFORM FOR TALENTED CANDIDATES TO SHARE THEIR SPARKLE WITH BUSINESSES IN THEIR COMMUNITY. TENTATIVELY NAMED SPARKLEMINE, THE ONLINE PLATFORM WILL BE A DIGITAL TRANSLATION OF THE PROSPECTOR'S SIGNATURE PROCESS OF SPARKLE-MINING. THE UNIVERSALLY-DESIGNED PLATFORM WILL ALLOW USERS TO BUILD OUT A DETAILED PROFILE OF WHO THEY ARE AND HOW THEY SPARKLE, ACTING AS A DIGITAL RESUME AND PORTFOLIO. IN CROWDSOURCING SPARKLE, WE CAN CONTINUE TO SHOW EMPLOYERS THE VALUE-ADDED THAT PEOPLE WITH DISABILITIES PROVIDE FOR THE WORKPLACE. ONCE THE PLATFORM IS READY TO BETA-TEST, OUR IT TEAM HOPES TO PARTNER WITH LOCAL AND NATIONAL BUSINESSES, INTRODUCING THEM TO JOBSEEKERS WHO CAN WORK, WANT TO WORK, AND ARE READY TO ROCK THEIR JOBS.
FORM 990, PART VI, SECTION A, LINE 6THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS (THE "MEMBERS"). IF AT ANY TIME THE CORPORATION DOES NOT HAVE AT LEAST ONE MEMBER, AND NO SUCCESSOR MEMBER HAS EFFECTIVELY BEEN ELECTED OR APPOINTED, THE CORPORATION SHALL CEASE TO BE A CORPORATION THAT HAS MEMBERS. THE INITIAL, AND CURRENT, MEMBER IS REBECCA CIOTA.
FORM 990, PART VI, SECTION A, LINE 7AEACH MEMBER SHALL BE ENTITLED THE EXCLUSIVE RIGHT TO VOTE FOR THE ELECTION OF DIRECTORS, FILL VACANCIES ON THE BOARD, AND FROM TIME TO TIME, BY RESOLUTION, TO INCREASE OR DECREASE THE NUMBER OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BFOR SO LONG AS THE CORPORATION SHALL HAVE AT LEAST ONE MEMBER, THE RIGHTS OF THE MEMBERS SHALL INCLUDE: THE EXCLUSIVE POWER TO AMEND OR REPEAL THE CORPORATION'S BYLAWS; THE RIGHT TO REMOVE DIRECTORS, WITH OR WITHOUT CAUSE; THE RIGHT TO VOTE ON (I) AMENDMENTS TO THE CERTIFICATE OF INCORPORATION, (II) PROPOSALS TO DISSOLVE THE CORPORATION AND PLANS TO LIQUIDATE ITS ASSETS, (III) ANY PLAN OF MERGER NOT DESCRIBED IN SECTION 33-1156(8) OF THE ACT, AND (IV) ANY DISPOSITION OF THE CORPORATION'S ASSETS DESCRIBED IN SECTION 33-1166 OF THE ACT.
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BPROSPECTS, OPPORTUNITY AND ENRICHMENT, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE PRESIDENT AND TREASURER, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN, IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CANNUAL DISCLOSURE STATEMENTS: EACH DIRECTOR AND EACH OFFICER SHALL ANNUALLY SIGN A STATEMENT, CONFIRMING THAT HE OR SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; HAS READ, UNDERSTANDS, AND AGREES TO COMPLY WITH THE POLICY; AND UNDERSTANDS THAT THE CORPORATION IS A 501(C)(3) TAX-EXEMPT CHARITABLE ORGANIZATION WHICH, TO MAINTAIN ITS 501(C)(3) TAX-EXEMPT STATUS, MUST BE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES AND MUST COMPLY WITH THE LAWS GOVERNING CHARITABLE ORGANIZATIONS; AND DISCLOSING THE CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST OF WHICH HE OR SHE IS AWARE. DISCLOSURE REQUIRED: AN OFFICER OR DIRECTOR SHALL DISCLOSE TO THE BOARD OF DIRECTORS OF THE CORPORATION (THE "BOARD") WHEN ANY PROPOSED TRANSACTION OR ARRANGEMENT, INCLUDING ANY GRANT, PENDING OR TO BE BROUGHT BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD (A "COMMITTEE") INVOLVES OR MAY INVOLVE A PERSONAL PROFIT, GAIN OR OTHER FINANCIAL BENEFIT TO THAT OFFICER OR DIRECTOR, OR ANY OTHER OFFICER OR DIRECTOR, OR INVOLVES OR MAY INVOLVE A PERSONAL PROFIT, GAIN OR OTHER FINANCIAL BENEFIT TO AN INDIVIDUAL OR ENTITY WITH WHICH THAT DIRECTOR OR OFFICER, OR ANY OTHER OFFICER OR DIRECTOR, HAS A FAMILY, FINANCIAL, PROFESSIONAL OR EMPLOYMENT RELATIONSHIP (A "CONFLICT OF INTEREST MATTER"). REVIEW REQUIRED OF PROPOSED TRANSACTIONS AND ARRANGEMENTS: THE BOARD SHALL DETERMINE WHETHER THE PROPOSED TRANSACTION OR ARRANGEMENT IS, OR SHOULD BE TREATED AS, A CONFLICT OF INTEREST MATTER, AND IDENTIFY ANY DIRECTOR WHO HAS A PERSONAL PROFIT, GAIN OR OTHER FINANCIAL INTEREST THEREIN OR WHO HAS A FAMILY, FINANCIAL, PROFESSIONAL OR EMPLOYMENT RELATIONSHIP WITH AN INDIVIDUAL OR ENTITY HAVING A PERSONAL PROFIT, GAIN OR OTHER FINANCIAL INTEREST THEREIN, WHICH RELATIONSHIP WOULD, IN THE CIRCUMSTANCES, REASONABLY BE EXPECTED TO EXERT AN INFLUENCE ON THE DIRECTOR'S JUDGMENT WHEN VOTING THEREON (AN "INTERESTED DIRECTOR"). PROHIBITED CONFLICT OF INTEREST MATTERS: NO DIRECTOR MAY VOTE TO APPROVE A CONFLICT OF INTEREST MATTER THAT HE OR SHE KNOWS IS AN EXCESS BENEFIT TRANSACTION FOR WHICH THE MANAGEMENT OF THE CORPORATION MAY BE LIABLE FOR AN EXCISE TAX UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. ESTABLISH AND DOCUMENT FAIRNESS: THE BOARD OR ITS AUTHORIZED COMMITTEE OR THE OFFICER OF THE CORPORATION TO WHOM SUCH TASK IS DELEGATED SHALL MAKE A REASONABLE EFFORT TO ESTABLISH AND DOCUMENT THE FAIRNESS OF THE TRANSACTION OR ARRANGEMENT AND THAT THE AMOUNT OF ANY COMPENSATION, REIMBURSEMENT OR PAYMENT IS NOT EXCESSIVE (THE SCOPE OF SUCH EFFORT BEING DETERMINED BY THE SIZE AND CIRCUMSTANCES OF THE TRANSACTION OR ARRANGEMENT). DOCUMENT MANNER OF DETERMINATION: THE BOARD OR ITS AUTHORIZED COMMITTEE SHALL INDICATE IN THE MINUTES OF THE MEETING: (A) THE NAMES OF ANY DIRECTORS AND OFFICERS WHO MIGHT HAVE A PERSONAL FINANCIAL INTEREST DIRECTLY OR INDIRECTLY IN THE CONFLICT OF INTEREST MATTER AND THE NATURE OF THEIR INTEREST, (B) WHETHER ANY INTERESTED DIRECTOR PARTICIPATED IN THE DISCUSSION OF THE MERITS OF OR THE VOTE ON THE CONFLICT OF INTEREST MATTER, (C) A SUMMARY OF THE TERMS AND MERITS OF THE TRANSACTION OR ARRANGEMENT, AND (D) A RECORD OF THE VOTE THEREON.
FORM 990, PART VI, SECTION B, LINE 15APOE USED A MULTI-STEP PROCESS IN DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE BOARD SPEARHEADED A COMPARABILITY STUDY USING INFORMATION FOUND ON FORM 990S FROM COMPARABLE ORGANIZATIONS, AS WELL AS JOB REVIEW SITES SUCH AS GLASSDOOR FOR AVERAGE SALARY DATA. POSITIONS RESEARCHED INCLUDED EXECUTIVE DIRECTORS, CHIEF EXECUTIVE OFFICERS, AND OTHER SIMILAR POSITIONS FOR TOP MANAGEMENT OFFICIALS. THE BOARD AGREED ON THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND WRITTEN COMMUNICATION OF SUCH ACTION AND AMOUNT WAS MADE TO THE EXECUTIVE DIRECTOR.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG (NOW KNOWN AS CANDID.ORG) AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE A PART OF THE ORGANIZATION'S EXEMPTION APPLICATION, COPIES OF WHICH ARE AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES, UPON REQUEST, OF ITS MOST RECENT THREE YEARS OF ANNUAL RETURNS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE PROSPECTOR FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1421-B MAIN STREETAddressLine1Txt
CityRIDGEFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06877ZIPCd
FieldValueIRS element (for citing)
EIN454561656EIN
Primary ActivitiesPROPERTY DEVELOPMENT FOR USE IN THE EMPLOYMENT OF ADULTS WITH DISABILITIESPrimaryActivitiesTxt
Legal Domicile StateCTLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusPFPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PROSPECTS OPPORTUNITY AND ENRICHMENT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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