2023-05-25T13:12:47-05:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-01-01 461904997 PROSPECTS OPPORTUNITY AND ENRICHMENT INC PROS 2034380136 25 PROSPECT STREET RIDGEFIELD CT 06877 MICHAEL SANTINI EXECUTIVE DIRECTOR 2034380136 2023-05-25 1 MICHAEL SANTINI 999009999 1 EVA MRUK P00543254 9143818900 2023-05-22 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE PROSPECTOR THEATER MICHAEL SANTINI 25 PROSPECT STREET RIDGEFIELD CT 06877 5107065 0 X WWW.PROSPECTORTHEATER.ORG X 2013 CT SEE SCHEDULE O 3 2 132 10 0 0 1776607 1480684 802288 1274640 44949 146157 270463 439314 2894307 3340795 0 0 0 0 2808215 3603635 0 0 261143 1108436 1487552 3916651 5091187 -1022344 -1750392 9691483 7799112 451978 464128 9239505 7334984 X THE 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. 0 0 4500469 0 1713954 SEE SCHEDULE O 4500469 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 23 0 132 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 3 2 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 1 1 0 0 NY X X LINDA JOHNSTON 2034380136 25 PROSPECT STREET RIDGEFIELD CT 06877 VALERIE K JENSEN PRESIDENT 10.00 0.50 X X 0 0 0 GEORGE GRECZYLO SECRETARY 1.00 0.00 X X 0 0 0 JULIEN MARCEL TREASURER 1.00 0.00 X X 0 0 0 MICHAEL SANTINI EXECUTIVE DIRECTOR 40.00 0.50 X 200000 0 218 RYAN WENKE DIRECTOR OF THEATER OPS 40.00 0.50 X 175234 0 21999 BRAD BELLAGAMBA HR DIRECTOR 40.00 0.00 X 149048 0 4643 524282 0 26860 3 0 1 0 0 7580 180121 1292983 1480684 TICKET SALES 711110 930437 930437 JOB TRAINING - FARM 624310 173008 173008 EVENT RENTALS 711110 171195 171195 1274640 146157 146157 1503855 1503855 0 701729 262415 439314 439314 3340795 1713954 0 146157 200218 60065 80088 60065 18752 18752 2981459 2740634 124493 116332 143848 126722 9196 7930 259358 228571 16492 14295 10385 10385 31400 31400 135422 129963 5459 59685 52581 3815 3289 275654 253892 13320 8442 71838 57492 10388 3958 529775 529775 244522 213359 18492 12671 6055 6055 46230 40729 2954 2547 REPAIRS & MAINTENANCE 46102 40616 2946 2540 FUNDRAISING EXPENSES 29074 29074 LAUNDRY AND CLEANING EX 1263 1263 OPERATING EXPENSES 147 147 5091187 4500469 329575 261143 893867 691607 7687966 5965468 17181 121745 31374 25173 12922 12049 83306 34424 588509 451997 117187 136512 847680 812134 9691483 7799112 271484 271138 180494 192990 451978 464128 X 9186005 7212284 53500 122700 9239505 7334984 9691483 7799112 -1750392 -154129 0 X 0 1 X 0 0 X 2770660 6826011 1491417 1776607 1480684 14345379 2137769 2101478 616826 1183191 1976369 8015633 4908429 8927489 2108243 2959798 3457053 22361012 950000 125000 550000 125000 20000 1770000 0 950000 125000 550000 125000 20000 1770000 20591012 39780 135563 59652 44934 146157 426086 39780 135563 59652 44934 146157 426086 4948209 9063052 2167895 3004732 3603210 22787098 0.90360 0.83770 0.01870 0.01160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 588509 451997 136512 136512 X 3573392 -154129 386726 232597 3340795 0 3340795 5477913 386726 386726 5091187 0 5091187 PART X, LINE 2: POE 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. X X X 0 0 0 0 0 0 0 0 0 MICHAEL SANTINI EXECUTIVE DIRECTOR 200000 0 0 0 0 0 0 0 218 0 200218 0 0 0 RYAN WENKE DIRECTOR OF THEATER OPS 175234 0 0 0 0 0 0 0 21999 0 197233 0 0 0 BRAD BELLAGAMBA HR DIRECTOR 149048 0 0 0 0 0 0 0 4643 0 153691 0 0 0 EJ GRECZYLO SON OF BOARD SECRETARY 13944 EMPLOYMENT 0 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 6 THE 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 7A EACH 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 7B FOR 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 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B PROSPECTS, 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 12C ANNUAL 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 15A POE 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 19 THE 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. THE PROSPECTOR FOUNDATION INC 421-B MAIN STREET RIDGEFIELD CT 06877 454561656 PROPERTY DEVELOPMENT FOR USE IN THE EMPLOYMENT OF ADULTS WITH DISABILITIES CT 501(C)(3) PF PROSPECTS OPPORTUNITY AND ENRICHMENT INC 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0