PROSPECTS OPPORTUNITY AND ENRICHMENT INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PROSPECTS OPPORTUNITY AND ENRICHMENT INC (EIN 46-1904997)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-08-15
- IRS object ID
- 202202279349302605
- Schema version
- 2021v4.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-15T10:53:27-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE SUITE 301 | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105281633 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461904997 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROSPECTS OPPORTUNITY AND ENRICHMENT | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PROS | BusinessNameControlTxt |
| Phone | 2034380136 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 PROSPECT STREET | AddressLine1Txt |
| City | RIDGEFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06877 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VALERIE K JENSEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2034380136 | PhoneNum |
| Signature | 2022-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | VALERIE | PersonFirstNm |
| Person Last | JENSEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 9143818900 | PhoneNum |
| Preparation | 2022-08-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PROSPECTOR THEATER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | VALERIE K JENSEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 PROSPECT STREET | AddressLine1Txt |
| City | RIDGEFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06877 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,761,723 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PROSPECTORTHEATER.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2013 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 123 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,491,417 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,776,607 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $446,248 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $802,288 | CYProgramServiceRevenueAmt |
| PY Investment Income | $59,652 | PYInvestmentIncomeAmt |
| CY Investment Income | $44,949 | CYInvestmentIncomeAmt |
| PY Other Revenue | $89,258 | PYOtherRevenueAmt |
| CY Other Revenue | $270,463 | CYOtherRevenueAmt |
| PY Total Revenue | $2,086,575 | PYTotalRevenueAmt |
| CY Total Revenue | $2,894,307 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,719,851 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,808,215 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $203,592 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,373,370 | PYOtherExpensesAmt |
| CY Other Expenses | $1,108,436 | CYOtherExpensesAmt |
| PY Total Expenses | $4,093,221 | PYTotalExpensesAmt |
| CY Total Expenses | $3,916,651 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,006,646 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,022,344 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,553,269 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,691,483 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $402,842 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $451,978 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $11,150,427 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,239,505 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE PROSPECTOR THEATER IS TO EMPLOY AND TRAIN ADULTS WITH A BROAD RANGE OF DISABILITIES THROUGH MEANINGFUL WORK AND EMPLOYMENT, WHILE EDUCATING AND INTRODUCING THIS UNDER-REPRESENTED POPULATION TO THE COMMUNITY AS STRONG, VIBRANT, AND IMPORTANT CONTRIBUTORS TO THE WORKFORCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,413,923 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $1,072,751 | RevenueAmt |
| Desc | SEE SCHEDULE O | Desc |
| Total Program Service Expenses | $3,413,923 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 23 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 123 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINDA JOHNSTON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2034380136 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 PROSPECT STREET | AddressLine1Txt |
| City | RIDGEFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06877 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| REBECCA L CIOTA | ||||||||
| DIRECTOR & PRESIDENT THRU 5/3/21 | 10.00 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| VALERIE K JENSEN | ||||||||
| PRESIDENT | 10.00 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GEORGE GRECZYLO | ||||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JULIEN MARCEL | ||||||||
| TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ROSE BAMBACH | ||||||||
| TREASURER (5/3/21-10/11/21) | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JASON CHISHOLM | ||||||||
| SECRETARY (5/3/21-10/11/21) | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID J CHOPLINSKI | ||||||||
| TREASURER THRU 5/3/21 | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARGARET PRICE | ||||||||
| SECRETARY THRU 5/3/21 | 1.00 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL SANTINI | ||||||||
| EXECUTIVE DIRECTOR | 40.00 | 0.50 | Yes (X) | $163,077 | $0 | $22 | ||
| RYAN WENKE | ||||||||
| DIRECTOR OF THEATER OPS | 40.00 | 0.50 | $140,278 | $0 | $14,461 | Yes (X) | ||
| BRAD BELLAGAMBA | ||||||||
| HR DIRECTOR | 40.00 | 0.00 | $125,156 | $0 | $1,903 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $428,511 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $16,386 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $7,845 | MembershipDuesAmt |
| Government Grants | $945,666 | GovernmentGrantsAmt |
| All Other Contributions | $823,096 | AllOtherContributionsAmt |
| Total Contributions | $1,776,607 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TICKET SALES | 711110 | $510,230 | $510,230 |
| JOB TRAINING - FARM | 624310 | $160,124 | $160,124 |
| EVENT RENTALS | 711110 | $131,934 | $131,934 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $802,288 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,934 | TotalRevenueColumnAmt |
| Exclusion | $44,934 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,756,991 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,756,976 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15 | TotalRevenueColumnAmt |
| Exclusion | $15 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $380,903 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $110,440 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $270,463 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $270,463 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,894,307 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,072,751 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $44,949 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,836 | TotalAmt |
| Program Services | $141,532 | ProgramServicesAmt |
| Management And General | $13,150 | ManagementAndGeneralAmt |
| Fundraising | $8,154 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,806 | TotalAmt |
| Program Services | $14,806 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,327,133 | TotalAmt |
| Program Services | $2,047,864 | ProgramServicesAmt |
| Management And General | $162,185 | ManagementAndGeneralAmt |
| Fundraising | $117,084 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,436 | TotalAmt |
| Program Services | $84,861 | ProgramServicesAmt |
| Management And General | $6,752 | ManagementAndGeneralAmt |
| Fundraising | $4,823 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,004 | TotalAmt |
| Program Services | $182,166 | ProgramServicesAmt |
| Management And General | $14,488 | ManagementAndGeneralAmt |
| Fundraising | $10,350 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,400 | TotalAmt |
| Management And General | $31,400 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,235 | TotalAmt |
| Program Services | $96,527 | ProgramServicesAmt |
| Management And General | $11,246 | ManagementAndGeneralAmt |
| Fundraising | $4,462 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,724 | TotalAmt |
| Program Services | $20,877 | ProgramServicesAmt |
| Management And General | $1,661 | ManagementAndGeneralAmt |
| Fundraising | $1,186 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,404 | TotalAmt |
| Program Services | $176,934 | ProgramServicesAmt |
| Management And General | $10,287 | ManagementAndGeneralAmt |
| Fundraising | $1,183 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,523 | TotalAmt |
| Program Services | $49,740 | ProgramServicesAmt |
| Management And General | $3,957 | ManagementAndGeneralAmt |
| Fundraising | $2,826 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,137 | TotalAmt |
| Program Services | $277,137 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $278,690 | TotalAmt |
| Program Services | $229,353 | ProgramServicesAmt |
| Management And General | $36,640 | ManagementAndGeneralAmt |
| Fundraising | $12,697 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,944 | TotalAmt |
| Program Services | $1,711 | ProgramServicesAmt |
| Management And General | $136 | ManagementAndGeneralAmt |
| Fundraising | $97 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,549 | TotalAmt |
| Program Services | $59,444 | ProgramServicesAmt |
| Management And General | $4,728 | ManagementAndGeneralAmt |
| Fundraising | $3,377 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| FUNDRAISING EXPENSES | $35,701 | $35,701 | ||
| REPAIRS & MAINTENANCE | $33,546 | $1,652 | $29,581 | $2,313 |
| LAUNDRY AND CLEANING EX | $1,390 | $1,390 | ||
| OPERATING EXPENSES | $193 | $193 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,916,651 | TotalAmt |
| Program Services | $3,413,923 | ProgramServicesAmt |
| Management And General | $299,136 | ManagementAndGeneralAmt |
| Fundraising | $203,592 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $588,405 | BOYAmt |
| EOY | $893,867 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,722,802 | BOYAmt |
| EOY | $7,687,966 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,553 | BOYAmt |
| EOY | $17,181 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,929 | BOYAmt |
| EOY | $31,374 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,414 | BOYAmt |
| EOY | $12,922 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,768 | BOYAmt |
| EOY | $83,306 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $522,954 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $405,767 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,398 | BOYAmt |
| EOY | $117,187 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $847,680 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,553,269 | BOYAmt |
| EOY | $9,691,483 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,881 | BOYAmt |
| EOY | $271,484 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $174,961 | BOYAmt |
| EOY | $180,494 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $402,842 | BOYAmt |
| EOY | $451,978 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,150,427 | BOYAmt |
| EOY | $9,186,005 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $53,500 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,150,427 | BOYAmt |
| EOY | $9,239,505 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,553,269 | BOYAmt |
| EOY | $9,691,483 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,022,344 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $111,422 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,000,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,074,170 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,770,660 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,826,011 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,491,417 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,776,607 | CurrentTaxYearAmt |
| Total | $15,938,865 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,051,282 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,137,769 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,101,478 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $616,826 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,183,191 | CurrentTaxYearAmt |
| Total | $8,090,546 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,125,452 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,908,429 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,927,489 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,108,243 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,959,798 | CurrentTaxYearAmt |
| Total | $24,029,411 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,912,857 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $950,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $125,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $550,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $125,000 | CurrentTaxYearAmt |
| Total | $3,662,857 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,912,857 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $950,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $125,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $550,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $125,000 | CurrentTaxYearAmt |
| Total | $3,662,857 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $20,366,554 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,164 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $39,780 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $135,563 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $59,652 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,934 | CurrentTaxYearAmt |
| Total | $282,093 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,164 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $39,780 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $135,563 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $59,652 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,934 | CurrentTaxYearAmt |
| Total | $282,093 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,127,616 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,948,209 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,063,052 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,167,895 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,004,732 | CurrentTaxYearAmt |
| Total | $24,311,504 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.83770 | PublicSupportCY509Pct |
| Public Support PY509 | 0.81940 | PublicSupportPY509Pct |
| Investment Income CY | 0.01160 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00850 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $522,954 | OtherCostOrOtherBasisAmt |
| Depreciation | $405,767 | DepreciationAmt |
| Book Value | $117,187 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $117,187 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,349,621 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $111,422 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $343,892 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $455,314 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,894,307 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,894,307 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,260,543 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $343,892 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $343,892 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,916,651 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,916,651 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 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 2018. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL SANTINI | ||||||||||||||
| EXECUTIVE DIRECTOR | $163,077 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22 | $0 | $163,099 | $0 | $0 | $0 |
| RYAN WENKE | ||||||||||||||
| DIRECTOR OF THEATER OPS | $140,278 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14,461 | $0 | $154,739 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EJ GRECZYLO | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SON OF BOARD SECRETARY | RelationshipDescriptionTxt |
| Transaction | $10,659 | TransactionAmt |
| Transaction | EMPLOYMENT | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 INTEGRATED EMPLOYMENT OPPORTUNITIES TO ADULTS WITH DISABILITIES. POE CURRENTLY IMPLEMENTS ITS MISSION THROUGH THE OPERATION OF A FIRST-RUN MOVIE THEATER IN THE HEART OF RIDGEFIELD, CT AND IS WORKING TO EXPAND EMPLOYMENT OPPORTUNITIES OUTSIDE OF THE MOVIE THEATER AS WELL. POE'S MODEL CAN BE APPLIED TO OTHER INDUSTRIES OFFERING MUCH-NEEDED, IN-DEMAND EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH DISABILITIES. EMPLOYEES, KNOWN AS PROSPECTS, LIVE A HIGHER QUALITY OF LIFE THROUGH MEANINGFUL EMPLOYMENT. WE SPARKLE, SHINE, AND TURN PASSIONS INTO PROFESSIONS. BY ENGAGING GUESTS, MOVIEGOERS, SERVICE LEARNING PARTICIPANTS, AND DIVERSE AUDIENCES, PROSPECTS WORK HARD TO DECONSTRUCT OUTDATED STEREOTYPES AND SHOW THE WORLD THAT "WORKING IS WORKING." AROUND 82% OF AMERICANS WITH DISABILITIES DO NOT HAVE A JOB. THE COVID-19 PANDEMIC HAS ONLY WORSENED THE SITUATION, WITH MORE THAN 1,000,000 PEOPLE WITH DISABILITIES BEING DISMISSED FROM EMPLOYMENT SINCE 2020. MEANWHILE, C-SUITE EXECUTIVES AND ECONOMISTS DISCUSS LABOR SHORTAGES AND "THE GREAT RESIGNATION." THE PROSPECTOR IS EAGER TO SHARE OUR STRATEGIES, SUCCESSES, TIPS, AND TECHNIQUES WITH EMPLOYERS, LARGE AND SMALL. WE SERVE AS A SPARKLY BEACON OF HOPE FOR THE MASSIVE TALENT POOL OF AMERICANS WITH DISABILITIES WHO CAN WORK, WANT TO WORK, AND WOULD ADD TREMENDOUS VALUE TO THE CULTURE AND BOTTOM LINE OF BUSINESSES. |
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | SIGNS OF MOVIEGOING RECOVERY AFTER A CHALLENGING 2020, WHERE MOVIES WERE DELAYED AND/OR DIVERTED TO STREAMING, MOVIE THEATERS WERE ANXIOUSLY AWAITING SIGNS OF RECOVERY. THE THEATRICALLY-EXCLUSIVE RELEASES OF HOLLYWOOD HITS, LIKE A QUIET PLACE PART II AND SPIDER-MAN: NO WAY HOME, WERE THE HOPE OUR INDUSTRY NEEDED AFTER FACED WITH A PANDEMIC-INDUCED EXISTENTIAL CRISIS. IT WASN'T AN EASY ROUTE. IN FACT, THE PROSPECTOR CLOSED ITS DOORS ONCE AGAIN LAST APRIL. WE MADE THE DECISION TO TEMPORARILY CLOSE THE THEATER DUE TO A SPIKE IN LOCAL CASES THAT ALSO COINCIDED WITH THE ROLLOUT OF LONG-AWAITED VACCINES. WE SHIFTED BACK TO OUR VIRTUAL MODEL, KEEPING EVERY PROSPECT EMPLOYED VIRTUALLY. DURING THAT TIME, THE PROSPECTOR PROVIDED INFORMATION ABOUT VACCINE AVAILABILITY, COORDINATED EDUCATIONAL SEMINARS WITH OUR LOCAL VISITING NURSES ASSOCIATION, AND OFFERED ADDITIONAL COMPENSATION TO PROSPECTS WHO GOT VACCINATED. WHEN THE THEATER REOPENED AT THE END OF MAY, PROSPECTS WERE ELATED AND VACCINATED. WE OFFERED FREE MOVIES TO GUESTS WHO PROVIDED PROOF OF VACCINATION. PROSPECTS DELIVERED MOVIE TICKETS AND POPCORN TO FRONTLINE WORKERS, NURSES, DOCTORS, AND LOCAL HEALTH ORGANIZATIONS, THANKING THEM FOR THEIR HARD WORK AND DEDICATION. OUR MOVIEGOING MOVEMENT MADE WAVES, CATCHING THE EYE OF NATIONAL NEWS PROGRAMS SUCH AS GOOD MORNING AMERICA AND THE TODAY SHOW, WHO BOTH VISITED THE THEATER FOR FEATURE PIECES ON OUR REOPENING. THE STAGE WAS SET FOR A BLOCKBUSTER Q4. DISNEY'S ENCANTO PARTNERED WITH SPIDER-MAN: NO WAY HOME FOR A HOLIDAY MOVIEGOING SEASON REMINISCENT OF YEARS PAST. EVEN AT A REDUCED SEATING CAPACITY, SPIDER-MAN GENERATED ENOUGH BOX OFFICE BANG TO BECOME OUR 9TH BEST PERFORMING MOVIE OF ALL TIME; AND ACCORDING TO OUR CALCULATIONS, IT WOULD HAVE BEEN THE 3RD BEST MOVIE WITHOUT SEATING RESTRICTIONS. SOMEWHERE OVER THE RAINBOW HAD FINALLY ARRIVED. WE CLOSED OUT 2021 WITH STELLAR BOX OFFICE NUMBERS AND A RENEWED HOPE IN OUR INDUSTRY. PROSPECTS EDUCATE THE PROSPECTOR SERVICE LEARNING PROGRAM HAS BEEN EDUCATING AUDIENCES SINCE THE START OF THE THEATER. THE WORK WE DO IS CRUCIAL. WE EDUCATE AUDIENCES ABOUT WHY WE WORK. SERVICE LEARNING PROSPECTS ENGAGE WITH SCHOOLS, UNIVERSITIES, NON-PROFITS, AND BUSINESSES (LOCAL, NATIONAL, AND INTERNATIONAL). WHEN GUESTS HEAR FROM PROSPECTS AND SEE OUR MODEL IN ACTION, WE DEMONSTRATE THE VALUE OF INCLUSION, INTEGRATION, ACCESSIBILITY, AND EMPATHY. OUR SERVICE LEARNING CONTENT IS CONTINUOUSLY IMPROVED AND REVISED, BASED ON FEEDBACK FROM POST-PROGRAM SURVEYS. WHEN A LOCAL ELEMENTARY SCHOOL APPROACHED US ABOUT DOING A PENCIL PRESENTATION FOR PRE-K AND KINDERGARTEN STUDENTS, WE HAD TO ADAPT AND SIMPLIFY A COMPLEX TOPIC. THE END RESULT IS PENCI THE PENCIL - AN ANIMATED CARTOON ABOUT A PENCIL BORN WITHOUT A POINT. PENCI TAKES STUDENTS ON A JOURNEY THROUGH THE CLASSROOM, ASKING THEM TO THINK DIFFERENTLY ABOUT WHAT A PENCIL CAN BE. PENCI WAS STORYBOARDED, ANIMATED, VOICED, AND CURATED BY PROSPECTS ON OUR SERVICE LEARNING TEAM DURING THE TEMPORARY THEATER CLOSURE IN APRIL. WITH THIS NEW ADAPTATION, WE WERE ABLE TO HOST SERVICE LEARNING (BOTH IN-PERSON AND VIRTUAL) WITH STUDENTS FROM PRE-K TO MASTERS PROGRAMS LAST YEAR. WE ALSO WORKED WITH MAJOR FORTUNE 500 COMPANIES ON DIVERSITY, EQUITY, AND INCLUSION INITIATIVES. PROSPECTS SPOKE AT DISABILITY EMPLOYMENT AWARENESS CONFERENCES WITH BOTH REALOGY HOLDINGS AND BOEHRINGER INGELHEIM. IN TOTAL, PROSPECTS EDUCATED MORE THAN 2,200 SERVICE LEARNING PARTICIPANTS IN 2021. WE ALSO CONTINUED AN INTERNAL PROFESSIONAL DEVELOPMENT SERIES, SPARKLE POWER HOUR, THAT BEGAN AS A RESULT OF THE PANDEMIC. PROSPECTS WERE HONORED TO HOST DR. TEMPLE GRANDIN - SCIENTIST, ANIMAL BEHAVIORIST, AUTHOR, AND DISABILITY RIGHTS ICON - FOR A CONVERSATION AROUND MEANINGFUL EMPLOYMENT. OTHER SPARKLE POWER HOUR SESSIONS INCLUDED A BEHIND-THE-SCENES LOOK OF THE ANIMATION PROCESS WITH DREAMWORKS ANIMATION AND ONGOING ASL CLASSES WITH A LOCAL, CERTIFIED INTERPRETER. ONE OF OUR FAVORITE MOMENTS FROM 2021 WAS BEING SELECTED FOR THE LIMITED-RUN OF THE GROUNDBREAKING FILM CODA (AN ACRONYM FOR CHILD OF DEAF ADULTS). THE FEATURE WAS THE FIRST EVER MOVIE TO BE DISTRIBUTED WITH "BURNED IN" OPEN CAPTIONS - MEANING THE CAPTIONS WERE NOT A SEPARATE FILE, BUT PART OF THE FINAL EXPORT. OUR SOCIAL MEDIA TEAM REACHED OUT TO A STAR OF THE FILM, TROY KOTSUR, WITH THE HOPE THAT HE WOULD MENTION US ON HIS TWITTER. TROY WAS AMAZED BY THE WORK THAT WE DO AND WANTED TO BE A BIGGER PART OF OUR CODA RELEASE. FOR OPENING NIGHT, WE CURATED A POST-MOVIE Q&A FEATURING TROY KOTSUR AND REAL-LIFE CODAS WHO ARE FANS OF THE PROSPECTOR. NIGHTS LIKE THESE EMPHASIZE HOW THE PROSPECTOR CREATES UNIQUE MOVIEGOING EXPERIENCES THAT INSULATE US AGAINST STREAMING SERVICES WITH FIRST-RUN CONTENT. PROSPECTOR INTERNATIONAL FILM FESTIVAL FILMMAKERS ACROSS THE GLOBE REJOICED AS THE PROSPECTOR HOSTED OUR FIRST EVER INTERNATIONAL FILM FESTIVAL IN 2021. INSPIRED BY THE SUCCESS OF OUR LOCAL FILM FESTIVALS, THE PROSPECTOR INTERNATIONAL FILM FESTIVAL (PIFF) WAS DEVELOPED AT A TIME WHEN CINEPHILES ACROSS THE GLOBE WERE YEARNING FOR THE COLLECTIVE MOVIEGOING EXPERIENCE. WE DESIGNED A HYBRID FESTIVAL, FEATURING BOTH IN-PERSON AND VIRTUAL SCREENINGS, THAT WAS A BREATH OF FRESH AIR FOR A COMMUNITY SIGNIFICANTLY IMPACTED BY THE PANDEMIC. WITH OVER 170+ FILMS SUBMITTED, FROM MORE THAN 30 COUNTRIES, PROSPECTS HAD OUR HANDS FULL. THE PIFF TEAM METICULOUSLY SCREENED AND REVIEWED EACH SUBMISSION, CREATING DOZENS OF VIRTUAL WORK HOURS FOR PROSPECTS WHO WERE UNABLE TO PHYSICALLY RETURN TO THE THEATER UPON REOPENING. POST-FILM Q&AS WERE HOSTED VIRTUALLY AND IN-PERSON, ALLOWING FILMMAKERS TO DISCUSS THEIR WORK, AS WELL AS HOW THE PANDEMIC AFFECTED THEIR PROCESS. WITH A SOLID PROOF OF CONCEPT SET, WE ENVISION THE PROSPECTOR INTERNATIONAL FILM FESTIVAL TO BE A YEARLY TRADITION THAT FURTHER SOLIDIFIES THE PROSPECTOR'S ROLE IN THE PRESERVATION OF THEATRICAL EXPERIENCES. PIFF 2022 OFFICIALLY LAUNCHED THIS PAST FALL AND WORK HAS ALREADY BEGUN. WORK AT GEMSTONE FARM WHILE PLANET EARTH EXPERIENCED PANIC AND PANDEMONIUM, PROSPECTS TAPPED MAPLE TREES FOR SUPPORT. WITH MOVIEGOING STILL SUFFERING FROM THE PANDEMIC, PROSPECTS ONCE AGAIN LOOKED TO OUR PARTNERSHIP WITH GEMSTONE FARM AS A WAY TO CREATE MORE HOURS OF COMPETITIVE AND INTEGRATED EMPLOYMENT AND AN OPPORTUNITY TO DEMONSTRATE HOW REPLICABLE OUR MODEL OF EMPLOYMENT IS. PROSPECTS WORKED ALONGSIDE GEMS, THE NAME OF ALL GEMSTONE EMPLOYEES, THROUGH SNOW AND ICE ON A SWEET NEW PROJECT. UNDER THE EXPERT LEADERSHIP OF GEMSTONE MAPLE MASTER, KEVIN MEEHAN, AND LIFELONG MAPLE-SUGARING PROSPECT, GABE KAVOOKJIAN, AN ARMY OF PROSPECTS SNOW-PANTSED UP AND TOOK TO THE TREES. OVER 270 MAPLE TREES WERE TAPPED IN TOTAL. WE COLLECTED THOUSANDS OF GALLONS OF SAP, WHICH WE UPLOADED INTO TANKS. WE FED FIREWOOD INTO THE HOT FURNACE OF THE EVAPORATOR IN THE SUGAR HOUSE TO BOIL AND PROCESS. OUR ENDGAME - MAPLE SUGAR GOURMET POPCORN. SUGARING TURNED OUT TO BE QUITE A FEAT OF STRENGTH! AROUND 40 GALLONS OF SAP MAKE JUST ONE GALLON OF SYRUP. SUGARING KEPT US OUTSIDE THROUGH THE SEVEN-WEEK SEASON, IMPROVING EVERYONE'S FITNESS AND MENTAL HEALTH. SUNSHINE, SAP, AND SPARKLE COMBINED FOR A JOYOUS RESPITE FROM THE STRESSES OF THE PANDEMIC. WE SHARED OUR MEANINGFUL WORK WITH THE WORLD BY BRINGING GEMSTONE MAPLE SYRUP BACK TO THE PROSPECTOR POPCORN KITCHEN, FUSING IT WITH OUR CLASSIC CARAMEL CORN TO CREATE GEMSTONE GOLD GOURMET POPCORN. THE TAPS ARE SET ONCE AGAIN THIS YEAR AT GEMSTONE, WITH PROSPECTS PREPARING FOR ANOTHER BUSY SUGARING SEASON. OUR WORK AT GEMSTONE HAS BECOME A VIBRANT PART OF OUR MISSION AND MODEL, ONE WHICH WE CONSTANTLY POINT TO AS AN EXAMPLE OF HOW CHANGEMAKERS ACROSS THE GLOBE CAN CREATE MORE COMPETITIVE AND INTEGRATED EMPLOYMENT SETTINGS IN THEIR VERY OWN BACKYARDS. WE LOOK FORWARD TO EXPLORING MORE AGRICULTURAL, HORTICULTURAL, AND LIVESTOCK COLLABORATIONS WITH GEMS. |
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS CONTINUED: | GOURMET POPCORN EXPANSION LIFE IS INFINITELY BETTER WITH POPCORN. THERE'S JUST SOMETHING ABOUT IT - FROM THE SWEET, BUTTERY SCENT, TO THE RHYTHMIC POPPING OF KERNELS. SINCE 2014, WE'VE BEEN POPCORN PEOPLE. PROSPECTS PROUDLY POP PLEASANTLY PALATABLE PIECES OF POPCORN PERFECTION (TRY SAYING THAT THREE TIMES FAST). FOR US, POPCORN IS SYNONYMOUS WITH MEANINGFUL WORK, AND OUR LATEST VENTURE IS A TESTAMENT TO THAT BELIEF. AT THE HEIGHT OF THE PANDEMIC, WE NEEDED TO PREPARE PIVOTS THAT WOULD INSULATE US AGAINST THE RISE OF STREAMING AND AN EVER-CHANGING RELEASE CALENDAR. WE HIGHLIGHTED OUR GOURMET POPCORN PROGRAM AS ONE OF THE WAYS THAT WE COULD CONTINUE TO CREATE JOBS, DIVERSIFY REVENUE, LEAN INTO AT-HOME ENTERTAINMENT, AND INCREASE OUR REACH. AFTER CAREFUL CONSIDERATION, WE DECIDED TO DEVELOP A DEDICATED E-COMMERCE PLATFORM FOR GOURMET POPCORN - WWW.PROSPECTORPOPCORN.ORG. WORK BEGAN IN EARLY 2021, WITH OUR IT TEAM BUILDING OUT A ROBUST, ACCESSIBLE WEBSITE THROUGH SHOPIFY. PROSPECT PRODUCTIONS SCHEDULED POPCORN PHOTOSHOOTS AND FILMED NEW PROMOTIONAL VIDEOS. OUR PROSPECT POPCORNISTAS BEGAN SCALING OUR PRODUCTION CAPABILITIES AND EXPERIMENTED WITH NEW FLAVOR COMBINATIONS. BRAND ASSETS WERE REIMAGINED, DESIGNED WITH THE GOAL OF EDUCATING NEW AUDIENCES ABOUT OUR MISSION OF MEANINGFUL EMPLOYMENT. BUSINESS PLANS AND BUDGETS WERE CREATED, POSITIONING PROSPECTOR GOURMET POPCORN FOR LONG-TERM GROWTH. OUR SITE LAUNCHED IN OCTOBER OF 2021 AND WAS RECEIVED WITH RAVE REVIEWS. POPCORN WAS SHIPPED ACROSS THE COUNTRY, FROM CONNECTICUT TO CALIFORNIA, MASSACHUSETTS TO MONTANA. WEEKLY SALES DOUBLED. IN 2020, WE SOLD AROUND 2,035 UNITS OF GOURMET POPCORN. THAT NUMBER INCREASED BY 240% LAST YEAR, WITH OVER 4,900 UNITS SOLD IN 2021. NOW WE CAN SHARE THE SPARKLE OF OUR BUSINESS WITH SUPPORTERS AND BELIEVERS WHO WOULD BE UNABLE TO JOIN US FOR MOVIEGOING EXPERIENCES. WE ARE EXCITED AT THE PROSPECT OF INCREASING OUR CUSTOMER BASE OUTSIDE OF OUR TRADITIONAL MOVIEGOING MARKET, AND VIEW THIS PIVOT AS A LONG-TERM WAY TO INCREASE OUR CAPACITY FOR GOOD. |
| FORM 990, PART VI, SECTION A, LINE 2 | FROM JANUARY 1ST THROUGH MAY 2ND, 2021, VALERIE JENSEN SERVED AS EXECUTIVE DIRECTOR OF THE PROSPECTOR. AT THE TIME, REBECCA CIOTA WAS THE PRESIDENT AND BOARD MEMBER. VALERIE AND REBECCA HAVE A FAMILY AND BUSINESS RELATIONSHIP. JASON CHISHOLM, FORMER BOARD MEMBER AND SECRETARY, AND VALERIE JENSEN, FOUNDER & CURRENT PRESIDENT HAVE A BUSINESS RELATIONSHIP. |
| 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 | PRIOR TO MAY 2021, THE EXECUTIVE DIRECTOR DONATED HER SERVICES. EFFECTIVE MAY 2021 A NEW EXECUTIVE DIRECTOR WAS HIRED. 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 2021 COMPENSATION FOR THE NEWLY APPOINTED 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. |
| FORM 990, PART XI, LINE 9: | LEASE TERMINATION -1,000,000. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PROSPECTOR FOUNDATION INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 421-B MAIN STREET | AddressLine1Txt |
| City | RIDGEFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06877 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454561656 | EIN |
| Primary Activities | PROPERTY DEVELOPMENT FOR USE IN THE EMPLOYMENT OF ADULTS WITH DISABILITIES | PrimaryActivitiesTxt |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | PF | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROSPECTS OPPORTUNITY AND ENRICHMENT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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