2022-08-15T10:53:27-05:00 2021-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2021-01-01 461904997 PROSPECTS OPPORTUNITY AND ENRICHMENT INC PROS 2034380136 25 PROSPECT STREET RIDGEFIELD CT 06877 VALERIE K JENSEN PRESIDENT 2034380136 2022-08-15 1 VALERIE JENSEN 999009999 GARRETT M HIGGINS P00543209 9143818900 2022-08-12 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z THE PROSPECTOR THEATER VALERIE K JENSEN 25 PROSPECT STREET RIDGEFIELD CT 06877 6761723 0 X WWW.PROSPECTORTHEATER.ORG X 2013 CT SEE SCHEDULE O 3 2 123 10 0 0 1491417 1776607 446248 802288 59652 44949 89258 270463 2086575 2894307 0 0 0 0 2719851 2808215 0 0 203592 1373370 1108436 4093221 3916651 -2006646 -1022344 11553269 9691483 402842 451978 11150427 9239505 X 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. 0 0 3413923 0 1072751 SEE SCHEDULE O 3413923 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 0 123 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 3 2 1 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 REBECCA L CIOTA DIRECTOR & PRESIDENT THRU 5/3/21 10.00 0.50 X X 0 0 0 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 ROSE BAMBACH TREASURER (5/3/21-10/11/21) 1.00 0.00 X X 0 0 0 JASON CHISHOLM SECRETARY (5/3/21-10/11/21) 1.00 0.00 X X 0 0 0 DAVID J CHOPLINSKI TREASURER THRU 5/3/21 1.00 0.00 X X 0 0 0 MARGARET PRICE SECRETARY THRU 5/3/21 1.00 0.50 X X 0 0 0 MICHAEL SANTINI EXECUTIVE DIRECTOR 40.00 0.50 X 163077 0 22 RYAN WENKE DIRECTOR OF THEATER OPS 40.00 0.50 X 140278 0 14461 BRAD BELLAGAMBA HR DIRECTOR 40.00 0.00 X 125156 0 1903 428511 0 16386 3 0 1 0 0 7845 945666 823096 1776607 TICKET SALES 711110 510230 510230 JOB TRAINING - FARM 624310 160124 160124 EVENT RENTALS 711110 131934 131934 802288 44934 44934 3756991 3756976 15 15 15 380903 110440 270463 270463 2894307 1072751 0 44949 162836 141532 13150 8154 14806 14806 2327133 2047864 162185 117084 96436 84861 6752 4823 207004 182166 14488 10350 31400 31400 112235 96527 11246 4462 23724 20877 1661 1186 188404 176934 10287 1183 56523 49740 3957 2826 277137 277137 278690 229353 36640 12697 1944 1711 136 97 67549 59444 4728 3377 FUNDRAISING EXPENSES 35701 35701 REPAIRS & MAINTENANCE 33546 29581 2313 1652 LAUNDRY AND CLEANING EX 1390 1390 OPERATING EXPENSES 193 193 3916651 3413923 299136 203592 588405 893867 10722802 7687966 10553 17181 21929 31374 9414 12922 51768 83306 522954 405767 148398 117187 847680 11553269 9691483 227881 271484 174961 180494 402842 451978 X 11150427 9186005 53500 11150427 9239505 11553269 9691483 X -1022344 111422 -1000000 X 0 1 X 0 0 X 3074170 2770660 6826011 1491417 1776607 15938865 2051282 2137769 2101478 616826 1183191 8090546 5125452 4908429 8927489 2108243 2959798 24029411 1912857 950000 125000 550000 125000 3662857 0 1912857 950000 125000 550000 125000 3662857 20366554 2164 39780 135563 59652 44934 282093 2164 39780 135563 59652 44934 282093 5127616 4948209 9063052 2167895 3004732 24311504 0.83770 0.81940 0.01160 0.00850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 522954 405767 117187 117187 X 3349621 111422 343892 455314 2894307 0 2894307 4260543 343892 343892 3916651 0 3916651 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 2018. X X X 0 0 0 0 0 0 0 0 0 MICHAEL SANTINI EXECUTIVE DIRECTOR 163077 0 0 0 0 0 0 0 22 0 163099 0 0 0 RYAN WENKE DIRECTOR OF THEATER OPS 140278 0 0 0 0 0 0 0 14461 0 154739 0 0 0 EJ GRECZYLO SON OF BOARD SECRETARY 10659 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 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. 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