2023-10-30T17:33:13-05:00 2021-12-31 271433452 CRADY PUCA & ASSOCIATES 6140 S GUN CLUB RD STE K6-281 AURORA CO 80016 990 2021-01-01 472745285 PRODIGY VENTURES INC PROD 7207850680 3801 EAST 40TH AVE DENVER CO 80205 JESLIN SHAHREZAEI EXECUTIVE DIRECTOR 7207850680 2023-10-28 1 JESLIN SHAHREZAEI 999009999 LAURA M PUCA P01067688 7203189964 2023-10-28 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z X JESLIN SHAHREZAEI 3801 EAST 40TH AVE DENVER CO 80205 1373721 0 X WWW.PRODIGYVENTURES.ORG X 2015 CO THROUGH HIGH CALIBER PROFESSIONAL DEVELOPMENT AND HANDS-ON LEARNING IN A PRODIGY ENTERPRISE, YOUTH FROM LOW-INCOME COMMUNITIES IN DENVER BUILD SKILLS, SOCIAL CAPITAL, AND UNDERSTANDING FOR SUCCESS IN THE NEW ECONOMY. THIS IN TURN BUILDS WEALTH IN THE LOCAL COMMUNITY. 11 11 33 11 0 0 693377 1056499 202848 700 0 0 0 166593 896225 1223792 0 0 0 0 422966 564786 0 0 36009 348515 241299 771481 806085 124744 417707 580984 1260962 235504 210365 345480 1050597 X THROUGH HIGH CALIBER PROFESSIONAL DEVELOPMENT AND HANDS-ON LEARNING IN A PRODIGY ENTERPRISE, YOUTH FROM LOW-INCOME COMMUNITIES IN DENVER BUILD SKILLS, SOCIAL CAPITAL, AND UNDERSTANDING FOR SUCCESS IN THE NEW ECONOMY. THIS IN TURN BUILDS WEALTH IN THE LOCAL COMMUNITY. 0 0 641425 167293 IN 2021, 38 YOUNG ADULTS WERE TRAINED IN TRANSFERABLE WORKPLACE SKILLS, 23 WORKED AS APPRENTICES, EARNING $18.50/HOUR (INCLUDING WAGES AND TIPS); 35 PARTICIPATED IN WELLNESS SERVICES, INCLUDING GROUP AND INDIVIDUAL THERAPY, AND 4 WERE PROMOTED INTO LEADERSHIP.90% OF APPRENTICES BUILT TRANSFERABLE SKILLS FOR THE 21ST CENTURY ECONOMY; 84% INCREASED SOCIAL CAPITAL OUTCOMES; 93% INCREASED EARNING POWER OUTCOMES; AND 65% EXPERIENCED HEALING OUTCOMES. 641425 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 10 0 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 7207850680 3801 EAST 40TH AVE DENVER CO 80205 CHAD COOKINHAM CHAIR 2.00 X X 0 0 0 TAWNYA RAMIREZ TREASURER 2.00 X X 0 0 0 JOHNNIE WILLIAMS DIRECTOR 1.00 X 0 0 0 DAN REED DIRECTOR 1.00 X 0 0 0 JULIE VOYLES SECRETARY 1.00 X 0 0 0 HEATHER LAFFERTY DIRECTOR 1.00 X 0 0 0 DERRICK KELSEY DIRECTOR 1.00 X 0 0 0 PAULA GALLEGOS DIRECTOR 1.00 X 0 0 0 ANGELA GARCIA DIRECTOR 1.00 X 0 0 0 SUMAYA VANDERHORST DIRECTOR 1.00 X 0 0 0 TANNER SANDOVOL DIRECTOR 1.00 X 0 0 0 STEPHANIE FRANCES EXECUTIVE DIRECTOR 40.00 X 81292 0 0 81292 0 0 0 0 0 0 0 X 178204 878295 6000 1056499 RENTAL INCOME 531120 700 700 700 316522 149929 166593 166593 1223792 167293 0 0 X 82069 41034 25083 15952 413390 398123 15267 22724 18775 2830 1119 46603 41307 3796 1500 24914 24914 27174 11125 4500 11549 5282 5282 11484 5595 5889 5618 5618 102619 78837 23782 5422 5422 20197 15148 5049 6795 6795 CREDIT CARD FEES 16273 16273 TRAINING & PROFESSIONAL 15521 15521 806085 641425 128651 36009 X 531813 770350 11368 282535 10283 9659 1673 11210 155977 91300 22817 64677 5000 3030 117531 580984 1260962 38215 85464 122888 0 71734 2667 124901 235504 210365 X 345480 612209 438388 345480 1050597 580984 1260962 X 417707 287410 0 X X 0 1 X 1 0 X 229460 448893 410578 693377 1056499 2838807 331037 334729 339642 202848 317222 1525478 560497 783622 750220 896225 1373721 4364285 0 0 0 4364285 25 129 154 25 129 154 560522 783751 750220 896225 1373721 4364439 1.00000 0.99830 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124421 66850 57571 31556 24450 7106 64677 SECURITY DEPOSIT 3030 RIGHT OF USE ASSET - OPERATING LEASE, NET 114501 117531 OPERATING LEASE LIABILITY 124901 124901 X 1223792 0 1223792 0 1223792 806085 0 806085 0 806085 PART X, LINE 2: NO PROVISION FOR INCOME TAXES IS PROVIDED AS PRODIGY IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE COLORADO INCOME TAX ACT OF 1964. AS A CHARITABLE ORGANIZATION, ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE, IS SUBJECT TO FEDERAL INCOME TAX. PRODIGY HAD NO UNRELATED BUSINESS INCOME TAX LIABILITY AT DECEMBER 31, 2021. PRODIGY HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY THE YEARS OPEN FOR TAX AUTHORITY EXAMINATION ARE 2018 THROUGH 2020 BY THE INTERNAL REVENUE SERVICE. HOWEVER, PRODIGY IS NOT CURRENTLY UNDER AUDIT NOR HAS IT BEEN CONTACTED BY THIS TAXING AUTHORITY. BASED ON THE EVALUATION OF PRODIGY'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2021. HILLARY FRANCES SPOUSE OF EXECUTIVE DIRECTOR 12453 OUTSIDE CONTRACTOR 0 FORM 990,PART I,LINES 8-22 AS CURRENT YEAR AMOUNTS FLOW FROM OTHER PARTS OF 990, AND THE RETURN IS BEING AMENDED DUE TO AUDIT ADJUSTMENTS, PLEASE REFER TO SPECIFIC PARTS FOR REASONS FOR CHANGES. FORM 990, PART III LINE 4A DUE TO AUDIT ADJUSTMENTS, TOTAL PROGRAM EXPENSES CHANGED TO $641,425 AND PROGRAM REVENUES CHANGED TO $167,293. FORM 990, PART IV, LINES 11D, 11F, 12A DUE TO AUDIT ADJUSTMENTS, PRODIGY IS NOW REPORTING AN AMOUNT IN OTHER ASSETS THAT IS 5% OF ITS TOTAL ASSETS (11D). PRODIGY'S AUDITED FINANCIAL STATEMENTS INCLUDES A FOOTNOTE REGARDING TAX POSITIONS (11F). PRODIGY OBTAINED SEPARATE AUDITED FINANCIAL STATEMENTS (12A). FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS RECEIVES A COPY PRIOR TO FILING AND THE BOARD CHAIR APPROVES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANYONE WHO MAY POTENTIALLY HAVE A CONFLICT OF INTEREST IS ENCOURAGED TO COME FORWARD AND DISCLOSE SUCH INFORMATION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE ANNUALLY AND REVIEWS EXECUTIVE DIRECTOR SALARIES AT COMPARABLE ORGANIZATIONS TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AS WELL AS PUBLISHING ON GUIDESTAR'S WEBSITE. FORM 990, PART VIII,LINE 1F, LINE 10A, LINE 12 DUE TO AUDIT ADJUSTMENTS, PRODIGY REDUCED ALL OTHER CONTRIBUTIONS TO $878,295. DUE TO AUDIT ADJUSTMENTS, PRODIGY REDUCED GROSS SALES OF INVENTORY TO $316,522. TOTAL REVENUE IS NOW $1,223,792. FORM 990, PART IX,LINE 25 DUE TO AUDIT ADJUSTMENTS, TOTAL EXPENSES CHANGED TO $806,085. TOTAL PROGRAM EXPENSES ARE $641,425, TOTAL ADMINISTRATIVE ARE $128,651, AND FUNDRAISING ARE $36,009. FORM 990, PART X,LINES 3, 10A, 10B, 10C, 15, 16, 17, 25, 26, 27, 28, 32, 33 DUE TO AUDIT ADJUSTMENTS, PRODIGY'S ASSETS, LIABILITIES AND NET ASSETS DIFFERED FROM WHAT WAS PREVIOUSLY REPORTED. FORM 990, PART XII,LINE 2C THE BOARD ASSUMES OVERSIGHT RESPONSIBILITY FOR THE AUDIT AND SELECTION OF THE AUDITOR. FORM 990, PART XI, LINE 8 IN ADDITION TO THE LINES THAT CARRY FORWARD FROM THE OTHER PARTS OF THE RETURN, LINE 8 CONTAINS THE PRIOR PERIOD ADJUSTMENT FROM THE AUDIT OF $287,410 DUE TO REVENUE THAT SHOULD HAVE BEEN RECOGNIZED IN 2020. FORM 990, PART XII,LINE 2B NOW THAT THE ORGANIZATION HAS BEEN AUDITED, THE APPROPRIATE BOX HAS BEEN CHECKED. FORM 990, SCHEDULE A, LINE 1 AND LINE 2 DUE TO AUDIT ADJUSTMENTS, UPDATED SCHEDULE A TO AGREE TO PART VIII OF FORM 990 - TOTAL GIFTS - $1,056,499 AND TOTAL RECEIPTS - $317,222 FORM 990, SCHEDULE B DUE TO AUDIT ADJUSTMENTS TO REVENUE, THE COLORADO HEALTH FOUNDATION AMOUNT REPORTED PREVIOUSLY WAS REDUCED TO $55,760. ALSO REMOVED DANIELS FUND OF $45,000 FROM THE LIST. FORM 990, SCHEDULE D, PART VI, PART IX, PART X, PART XII, PART XIII DUE TO THE AUDIT, ADJUSTED FINAL BALANCES FOR LEASEHOLD IMPROVEMENTS AND EQUIPMENT AND THEIR RELATED ACCUMULATED DEPRECIATION. AS PART OF THE AUDIT ADJUSTMENTS, RECORDED RIGHT OF USE ASSET AND LEASE LIABILITY WHICH ARE DISCLOSED IN PARTS IX AND X. PART XI - AS AN AUDIT WAS PERFORMED, ADDED THE RECONCILIATION PART XIII - TAX FOOTNOTE DISCLOSURE