2017-08-25T08:45:19-05:00 2016-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2016-01-01 461904997 PROSPECTS OPPORTUNITY AND ENRICHMENT INC PROS 2034380136 25 PROSPECT STREET RIDGEFIELD CT 06877 REBECCA L CIOTA PRESIDENT 2034380136 2017-08-24 1 GARRETT M HIGGINS P00543209 9143818900 2017-08-23 65.51.112.58 2017-08-24 17:34:25 ED P C63E204139530C7A73D948D9DBE25A8631A7AD1B 45D10729E84C80409783239EA0C370A8A08632B7 2016 2021-01-29 14:40:06Z THE PROSPECTOR THEATER REBECCA L CIOTA 25 PROSPECT STREET RIDGEFIELD CT 06877 6733695 0 X WWW.PROSPECTORTHEATER.ORG X 2013 CT SEE SCHEDULE O 3 3 139 6 0 0 3018431 4438037 1458967 1520259 8 86 528815 630101 5006221 6588483 0 0 0 0 2067926 1850429 0 0 111368 1684438 1428644 3752364 3279073 1253857 3309410 2283127 5617649 159415 184527 2123712 5433122 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 3009119 2123624 SEE SCHEDULE O 3009119 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 7 0 139 1 0 0 0 0 0 1 1 0 0 0 0 X 3 3 1 1 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 CT X REBECCA L CIOTA 9143292373 C/O CIOTA LEGAL GROUP 421-B MAIN RIDGEFIELD CT 06877 X REBECCA L CIOTA PRESIDENT / GENERAL COUNSEL 20.00 5.00 X X 0 0 0 GERALD L GARAVEL JR SECRETARY 1.00 1.00 X X 0 0 0 DAVID J CHOPLINSKI TREASURER 1.00 1.00 X X 0 0 0 VALERIE K JENSEN EXECUTIVE DIRECTOR 40.00 5.00 X 0 0 0 0 0 0 0 0 0 0 0 3200 135748 4299089 86149 4438037 TICKET SALES 711110 1341418 1341418 EVENT RENTALS 711110 178841 178841 1520259 86 86 79150 135748 75484 3666 3666 23070 0 23070 23070 673093 69728 603365 603365 6588483 2123624 0 26822 1505832 1380999 58275 66558 90791 83264 3514 4013 253806 232766 9822 11218 15351 14078 594 679 2042 2042 48340 48340 15876 14400 1476 7350 6741 284 325 307257 285079 20330 1848 26416 24226 1022 1168 752206 752206 164925 147923 10074 6928 40950 37555 1585 1810 FACILITIES REPAIR AND M 31742 29111 1228 1403 FUNDRAISING EXPENSES 15418 15418 UNIFORM LAUNDRY AND CLE 771 771 3279073 3009119 158586 111368 1571788 3404025 80008 160084 375000 1824847 27344 53058 23141 23091 16105 3753 233297 98986 175261 134311 14480 14480 2283127 5617649 73829 76800 85586 107727 159415 184527 X 1748712 3558122 375000 1875000 2123712 5433122 2283127 5617649 3309410 0 X 0 1 X 0 0 X 280250 2534174 3018431 4438037 10270892 215518 2125737 2193352 4534607 280250 2749692 5144168 6631389 14805499 280000 2220000 1587597 1250000 5337597 0 280000 2220000 1587597 1250000 5337597 9467902 8 86 94 8 86 94 26736 26736 280250 2749692 5144176 6658211 14832329 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126099 61335 64764 107198 37651 69547 134311 X 7115274 451307 75484 526791 6588483 0 6588483 3805864 451307 75484 526791 3279073 0 3279073 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 SINCE INCEPTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 75,484. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 75,484. SPARKLE CUP 214898 135748 79150 37442 33668 4374 214898 135748 79150 37442 33668 4374 75484 3666 23070 1 1.00000 23070 23070 CT 1 0 0 0 0.00000 1.00000 REBECCA L CIOTA 25 PROSPECT STREET RIDGEFIELD CT 06877 0 MICHAEL SANTINI 0 RECORDKEEPING, MONEY COUNTING, HIRING AND FIRING OF WORKERS, AND MAKING THE BANK DEPOSITS FOR THE GAMING OPERATION. X 0 X 3 12975 FMV X 7359 FMV X 3 48707 FMV X 1 500 FMV X GIFT CERTIFICATES AND TICKETS 26 16608 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS DISCLOSED ON COLUMN (B). 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 MEANINGFUL EMPLOYMENT TO ADULTS WITH DISABILITIES THROUGH THE OPERATION OF A FIRST-RUN MOVIE THEATER LOCATED IN THE HEART OF HISTORIC RIDGEFIELD, CONNECTICUT. OUR EMPLOYEES, KNOWN AS PROSPECTS, LIVE A HIGHER QUALITY OF LIFE THROUGH MEANINGFUL EMPLOYMENT AND ARE ENCOURAGED TO SPARKLE, SHINE AND TURN THEIR PASSIONS INTO PROFESSIONS. PROSPECTS WORKED HARD ENGAGING MOVIEGOERS, DELIVERING EXCELLENT CUSTOMER SERVICE, LEADING STUDENTS AND PROFESSIONALS IN SERVICE LEARNING ACTIVITIES, AND LEARNING NEW VOCATIONAL SKILLS! OUR OBSERVATION THAT "WORKING IS WORKING" SHINES LIKE A BRIGHT LIGHT, ILLUMINATING THE PATH TO A MORE INCLUSIVE WORKFORCE, AND THROUGH OUR OPERATIONS WE DEMONSTRATE HOW IT CAN BE DONE. WITH AN 80% UNEMPLOYMENT RATE AMONG ADULTS WITH DISABILITIES, THERE IS AN ENORMOUS BURDEN ON THE HEALTH, WELLNESS, AND FINANCES OF THE INDIVIDUAL AND THEIR GOVERNMENT. THE WORK WE DO IS GREATLY NEEDED TO FIGHT THIS EPIDEMIC. THE PROSPECTOR CONTINUES TO DEVELOP AND DOCUMENT BEST PRACTICES AND OPERATING PROCEDURES THAT MAKE OUR PROSPECTS SUCCESSFUL AND OUR CUSTOMER EXPERIENCES EXTRAORDINARY. EMPLOYERS AND EDUCATORS NEED STRATEGIES TO PROMOTE POSITIVE MEANINGFUL EMPLOYMENT OUTCOMES FOR ADULTS WITH DISABILITIES SO THEY TOO CAN BENEFIT FROM INCLUDING UNDERREPRESENTED TALENT IN THEIR WORKFORCE. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: MAJOR MILESTONES: LAST YEAR WAS A SUCCESS FOR THE PROSPECTOR THEATER'S BOX OFFICE AND MISSION OF MEANINGFUL EMPLOYMENT FOR ADULTS WITH DISABILITIES. A TOTAL OF 138 PROSPECTS (70% OF WHOM IDENTIFY AS HAVING A DISABILITY) PLAYED STARRING ROLES IN THE BUSINESS OPERATION OF OUR THEATER, LOGGING MORE THAN 92,800 HOURS OF MEANINGFUL EMPLOYMENT! OUR BOX OFFICE SOLD OVER 123,000 TICKETS TO AUDIENCES WHO TRAVELED NEAR AND FAR TO EXPERIENCE OUR SPARKLE FOR THEMSELVES. OUR YEARLY BOX OFFICE GROSS WAS UP 6%! MORE IMPORTANTLY, THOUSANDS OF MOVIEGOERS HAD THE OPPORTUNITY TO MEANINGFULLY INTERACT AND ENGAGE WITH PROSPECTS. TOP 3 MOVIES OF 2016 1. FINDING DORY 2. STAR WARS: ROGUE ONE 3. SECRET LIFE OF PETS GOOD JOBS = GOOD LIVES FOR PROSPECTS PROSPECTS COME TO WORK WITH DIFFERENT ABILITIES, TALENTS, EDUCATIONAL BACKGROUNDS, CHALLENGES, AND SPARKLE. WE WORK TOGETHER AT EVERY LEVEL OF THEATER OPERATIONS. OUR CULTURE OF COMPETITIVE EMPLOYMENT KEEPS US LEARNING AND GROWING, WITH THE BUILT-IN ACCOUNTABILITY OF OUR BUSINESS GOALS. PROSPECTS LIVE A HIGHER QUALITY OF LIFE THROUGH MEANINGFUL EMPLOYMENT, INCLUDING GREATER INDEPENDENCE, INCREASED SENSE OF SELF-WORTH, SOCIAL AND EMOTIONAL GROWTH, AND HAPPINESS. EXPENSES ARE DOWN! REVENUE IS UP! OVER 2,100 PARTICIPANTS EXPERIENCED OUR SERVICE LEARNING PROGRAMMING, GENERATING OFF-PEAK RELEVANCY AND ALTERNATE REVENUE. THE HEADS UP CAF HAD A FANTASTIC YEAR, AS NEW TRAINING BY PROSPECT BEN LED TO A 43% PROFIT INCREASE! OUR CONCESSIONS TEAM INCREASED OUR PER CAP TO $4.42. PROSPECTS HAVE BECOME MORE EFFICIENT AND HAVE USED THEIR SPARKLE TO ADD MORE VALUE TO THEATER OPERATIONS. OUR OCCUPANCY COSTS WERE REDUCED BY 17%, AND EXPENSES WERE DOWN 13% OVERALL! MUSIC PRODUCTION: THE UNIVERSAL APPEAL OF MUSIC HAS ALWAYS BEEN A GO-TO IN THE PROSPECTOR'S TEACHING, TRAINING, AND GROWTH. IN 2016, PROSPECT JEFF HAD A VISION FOR A PROSPECT BAND, AND HE FORMED ONE WITH PROSPECTS WHO LOVED TO PLAY. THE PROSPECT BAND DOES NOT JUST PLAY MUSIC THEY ROCK THE SPARKLE OUT. THE LINEUP INCLUDES RYAN ON GUITAR, MAX ON BASS, RACHEL ON KEYS, JEFF ON ELECTRIC DRUMS, AND THOMAS D ON THE MIC. THE BAND JAMS, WRITES, PERFORMS, AND RECORDS LIKE PROFESSIONALS. THEY HAVE PERFORMED AT PROSPECTOR EVENTS AND THEIR ORIGINAL SONGS HAVE BEEN USED IN PROSPECT PRODUCTIONS. WATCHING THE BAND DECODE AND LEARN NEW MUSIC IS INDESCRIBABLE; YOU NEED TO SEE, HEAR, AND BE NEAR THEM TO EXPERIENCE THIS BAND - A TRUE FORCE OF SPARKLE, DEMONSTRATING THE TALENTS AND ABILITY OF PROSPECTS AT THEIR FINEST. PROFESSIONAL, CREATIVE, AND SOCIAL SKILLS ARE REINFORCED AND ROCKED OUT THROUGH MUSIC. ROCK AND SPARKLE ON, PROSPECT BAND! PROSPECT BEATS AND RHYMES CONTINUED TO FLOW FROM THE PROSPECTOR'S WEEKLY RAP CLASS. MUNCHIE, MC DANIEL, AND PROSPECT PRODUCTIONS PREMIERED OUR FOURTH MUSIC VIDEO IN 2016: "SUPPORT OUR MISSION OF EMPLOYMENT". DANIEL HAS BEEN TRANSFORMED FROM A QUIET, RESERVED PROSPECT TO AN AWARD-WINNING, SHOW-STOPPING RAPPER. HIS PASSION FOR RAP AND HIP-HOP HAS INSPIRED OTHER PROSPECTS TO GRAB (AND DROP) THE MIC AS WELL. PROSPECTS AND AUDIENCES SING (ERR RAP) ALONG WITH OUR PRE-SHOW RAP VIDEOS, CONNECTING PROSPECTS AND AUDIENCES THROUGH THE POWER OF HIP-HOP. LISTEN ALONG FOR YOURSELF - ON THE BIG SCREEN BEFORE YOUR FEATURE PRESENTATION, OR BY SCANNING THE QR CODE BELOW. FEELING ADVENTUROUS? JOIN ONE OF OUR WEEKLY JAM TIME SESSIONS OR REQUEST YOUR OWN PRIVATE "RAPTIVITY" AT YOUR SCHOOL OR WORKPLACE. THE OUTSIDERS: THE OUTSIDERS IS THE NAME FOR THE GROUP OF PROSPECTS WHO WORK OUTSIDE TO LANDSCAPE AND MAINTAIN THE THEATER'S GROUNDS. THE OUTSIDERS LEARN SAFE HANDLING AND OPERATION OF LAWN MOWERS, HAND TOOLS, AS WELL AS SNOW AND LEAF BLOWERS. PROSPECTS ENJOY THE HEALTH BENEFITS OF WORKING OUTSIDE, AND TAKE GREAT PRIDE IN BEAUTIFYING THE GROUNDS, KEEPING PATHWAYS AND SIDEWALKS CLEAR AND SAFE. PROSPECT PETER OVERSAW THE CREATION OF A PROSPECTOR GARDEN IN 2016. THIS GARDEN PRODUCED BEAUTIFUL (HOT PINK) FLOWERS, VEGETABLES, HERBS, EDUCATION, SOCIAL INTERACTION, AND MEANINGFUL HOURS OF EMPLOYMENT. HUNDREDS OF PEOPLE STOPPED TO COMPLIMENT PROSPECTS ON THE GARDEN, ENGAGING PROSPECTS IN CONVERSATION AND OFFERING TIPS. THESE EXCHANGES PROVIDE THE OPPORTUNITY FOR MEANINGFUL CONVERSATION. THE PROSPECTS' SKILLS, FLOWERS, AND VEGETABLES ALL GREW TOGETHER. AND MY HOW THE PROSPECTS' GARDEN GREW! OUR BOUNTY INCLUDED 60 POUNDS OF POTATOES, 150 PEPPERS, 24 EGGPLANTS, 30 EARS OF SWEET CORN, 25 POUNDS OF HEIRLOOM TOMATOES, 15 POUNDS OF CHERRY TOMATOES, 25 HEADS OF LETTUCE, HUNDREDS OF HOT-PINK ROSES, SPRIGS OF MINT, ROSEMARY, BASIL, AND THYME. FLOWERS WERE CUT FOR BOUQUETS, VEGETABLES WERE MADE INTO SALADS AND GIVEN TO PROSPECTS, AND HERBS WERE USED IN THE KITCHEN. PROSPECTS EVEN MADE HOMEMADE POTATO CHIPS IN THE KITCHEN FROM THE POTATOES! PROSPECT ARTIE'S EXCELLENCE ON THE OUTSIDERS TEAM SPROUTED INTO A SECOND PART-TIME JOB WORKING WITH PAUL KENNING LANDSCAPING. ARTIE BECAME A VALUABLE MEMBER OF KENNING'S CREW. TO HEAR MORE OF ARTIE'S STORY, SCAN THE QR CODE! WE INVITE YOU TO STROLL DOWN PROSPECT STREET, SAY HELLO, GIVE US SOME GARDENING ADVICE, AND SMELL THE FLOWERS! PROSPECT PRODUCTIONS: PROSPECT PRODUCTIONS CREATED OVER 230 VIDEOS LAST YEAR. PROSPECTS RECEIVE ON-THE-JOB TRAINING AND ARE PAID FOR THEIR TIME IN THE WEEKLY PRODUCTION CLASS, LEARNING VIDEOGRAPHY, SOUND DESIGN, LIGHTING, EDITING, STORYBOARDING, ACTING, SET AND COSTUME DESIGN, ANIMATION, AND OTHER IN-DEMAND TRADE SKILLS. PROSPECT PRODUCTION VIDEOS ARE FEATURED IN PRE-SHOW CONTENT AND USED AS EDUCATIONAL AND TRAINING TOOLS. PROSPECTS LOVE BEING ON BOTH SIDES OF THE CAMERA. AUDIENCES APPLAUD THE CREATIVITY AND PROFESSIONAL QUALITY OF OUR CONTENT. PROSPECTS FEEL LIKE TRUE MOVIE STARS WHEN THEY ARE RECOGNIZED AND APPLAUDED FOR THEIR ROLES AND APPEARANCES IN THE PRODUCTIONS. OUR VIDEOS RECEIVED OVER 600,000 VIEWS ON SOCIAL MEDIA, HELPING TO ENTERTAIN AND EDUCATE PEOPLE OF THE TALENT AND EMPLOYABILITY OF ADULTS WITH DISABILITIES IN THE WORKFORCE. OUR VIDEOS GIVE A "BEHIND THE SCREENS" PEEK AT THE VALUE AND POSSIBILITY WE EACH HAVE IN THE CAMERAS IN OUR HANDS, COMBINED WITH A PASSION FOR MEANINGFUL EMPLOYMENT FOR ADULTS WITH DISABILITIES. ON THE PRODUCTION TEAM, PROSPECTS HAVE ROOM TO LEARN, GROW, TEACH, SPARKLE, AND BE MOVIE STARS! PROSPECTS AND THE POLICE: THE PROSPECTOR THEATER AND THE RIDGEFIELD POLICE DEPARTMENT HAVE BUILT A POSITIVE RELATIONSHIP THROUGH SHARED POLICE AND PROSPECT ACTIVITIES. HIGHLIGHTS OF LAST YEAR INCLUDE A COLLABORATIVE "CAR SEAT SAFETY" DEMONSTRATION AND THE PRODUCTION OF A "POK MONGO" PUBLIC SERVICE ANNOUNCEMENT - OUR MOST WATCHED VIDEO WITH OVER 90,000 VIEWS. PROSPECTS AND POLICE DEVELOP COMFORT AND RESPECT WITH ONE ANOTHER THROUGH THESE POSITIVE ACTIVITIES. INTERACTIONS WITH LAW ENFORCEMENT IN TIMES OF CALM FORM POSITIVE ASSOCIATIONS, WHICH CAN BE LIFE-SAVING IN TIMES OF TROUBLE. PEOPLE WITH DISABILITIES AND MENTAL ILLNESS ARE OFTEN SCARED, JUMPY, ANXIOUS, AND FEARFUL AROUND POLICE OFFICERS, PUTTING THEIR OWN SAFETY, THE SAFETY OF THE PUBLIC, AND THAT OF POLICE OFFICERS IN PERIL. THIS RISK IS REAL, AND EVIDENCED MANY TRAGIC EVENTS IN THE NEWS. OUR POSITIVE RELATIONSHIP-BUILDING ACTIVITIES PROVED SUCCESSFUL WHEN THE RPD RESPONDED TO A PROSPECT IN CRISIS IN OCTOBER 2016. THE POLICE OFFICERS CALMLY ASSISTED A PROSPECT IN CRISIS WITH THE UTMOST PROFESSIONALISM, RESULTING IN A PEACEFUL AND POSITIVE OUTCOME TO A STRESSFUL INCIDENT. FORM 990, PART III, LINE 4A ADAPTIVE TECHNOLOGY AND PROGRAMMING: MOVIEGOING IS AN IMPORTANT CULTURAL EXPERIENCE, WHICH SHOULD BE ACCESSIBLE, INCLUSIVE, AND ENJOYED BY ALL. THE PROSPECTOR THEATER WAS BUILT WITH ACCOMMODATIONS IN MIND. OUR HANDICAPPED AND COMPANION SEATING IS IN PREMIUM VIEWING LOCATIONS IN OUR THEATERS. OUR USE OF TECHNOLOGY IN THE THEATERS PROVIDE IN-SEAT CLOSED CAPTIONING, NARRATIVE DESCRIPTION, AND BOOSTED VOLUME FEATURES TO INCLUDE DEAF, HARD-OF-HEARING, AND VISUALLY IMPAIRED MOVIEGOERS IN THE SOCIAL BENEFIT OF SHARED ENTERTAINMENT AND EXPERIENCES. PROSPECTOR SENSORY SCREENINGS ARE DESIGNED TO INCLUDE PEOPLE WITH SENSORY DISORDERS. LIGHTS ARE DIMMED, VOLUME IS LOWERED, AND TRAINED STAFF WELCOME AND COMFORT GUESTS, OFFERING STRATEGIES TO MAKE MOVIEGOING A SUCCESSFUL, REGULAR ROUTINE. RECENTLY, THE DEPARTMENT OF JUSTICE ISSUED A FINAL RULE UNDER TITLE III OF THE ADA, LEGALLY REQUIRING MOVIE THEATERS TO PROVIDE CLOSED MOVIE CAPTIONING AND AUDIO DESCRIPTIVE TECHNOLOGY. THE FINAL RULE IS NECESSARY BECAUSE THE JUSTICE DEPARTMENT FOUND THAT MANY MOVIE THEATERS DO NOT COMPLY WITH THESE REGULATIONS. THE PROSPECTOR HAS EMBRACED THESE TECHNOLOGIES FROM THE BEGINNING. WE HAVE RELEASED A SERIES OF VIDEOS THAT HIGHLIGHT OUR PROSPECT THOMAS'S SUCCESS WITH USING OUR NARRATIVE DESCRIPTIVE HEADSETS TO "SEE" MOVIES, EVEN THOUGH HE IS BLIND. WE USE ADAPTIVE TECHNOLOGY IN OUR THEATER EVERY DAY, TO TRAIN PROSPECTS, TO EDUCATE SERVICE LEARNING PARTICIPANTS, AND TO ASSIST INDIVIDUALS WHO REQUEST THESE TOOLS. WATCHING OUR VIDEOS HELPS TO PUT A HUMAN FACE TO THE NEED AND IMPORTANCE FOR THESE ESSENTIAL DEVICES. THE ACCOMMODATIONS, PRODUCTIONS, AND EDUCATIONAL EXPERIENCES WE CREATE FOSTER A CULTURE OF INCLUSIVITY AND ACCESSIBLE MOVIEGOING. PLANS FOR GROWTH: THE PROSPECTOR THEATER'S OPERATIONAL SUCCESS PROVIDES PROOF OF CONCEPT FOR OUR COMPETITIVE AND INTEGRATED EMPLOYMENT MODEL. OVER THE PAST TWO YEARS WE HAVE TESTED ASSUMPTIONS, DESIGNED PROGRAMMING, DELIVERED A PREMIUM PRODUCT, AND DEMONSTRATED THE POWER OF MEANINGFUL WORK. WE HAVE EXCEEDED OUR BOX OFFICE PROJECTIONS, OUTPERFORMING THE COMPETITION. NEW DONORS AND GRANTORS FROM BEYOND OUR CIRCLE HAVE INVESTED IN OUR MISSION. PROSPECTS HAVE IMPROVED THE QUALITY OF THEIR LIVES. APPLICATIONS FROM EAGER CANDIDATES FLOOD OUR INBOX, AND INQUIRIES REGARDING EXPANSION ARRIVE REGULARLY FROM SUPPORTERS NEAR AND FAR. ADULTS WITH DISABILITIES ARE SUFFERING FROM UNEMPLOYMENT AND SOCIAL ISOLATION ACROSS OUR NATION AND THE GLOBE. THE PROSPECTOR THEATER CAN PLAY A ROLE IN EASING THIS HUMANITARIAN CRISIS BY EXPANDING OUR MISSION TO MORE LOCATIONS. MORE SCREENS IN A SECOND LOCATION WILL BRING OUR MISSION AND MESSAGE TO NEW AUDIENCES - A NEW POOL OF PROSPECTS, DONORS, AND SPONSORS. EXPANSION WILL BENEFIT THE PROSPECTOR THEATER IN RIDGEFIELD. PROSPECT PRODUCTIONS WILL HAVE MORE SCREENS TO POPULATE; THE GOURMET POPCORN PROGRAM AND RETAIL ARTS WILL HAVE A NEW BOUTIQUE MARKET. THE NEXT, SMALLER THEATER WILL BE DESIGNED FOR SCALED, SPARKLY SUCCESS WITH OUR MISSION IN MIND. WE HAVE SCOUTED AND CONDUCTED DUE DILIGENCE FOR TWO THEATERS: THE DARIEN PLAYHOUSE AND NEW CANAAN PLAYHOUSE. WE BELIEVE EITHER ONE WOULD BE A PREMIUM LOCATION FOR OUR SECOND THEATER. ALTHOUGH WE ARE STILL EXPLORING OPTIONS, WE WILL BE READY FOR EXPANSION WHEN WE FIND THE RIGHT FIT. THE RESERVE WE HAVE CREATED CAN FUND OUR OPERATING GAP, SERVE AS A SAFETY NET FOR UNEXPECTED EXPENSES, AND/OR INSULATE OURSELVES AGAINST CHANGES IN INDUSTRY TRENDS. AS THE SURPLUS GROWS, WE WILL USE IT AS SEED MONEY TO START UP OUR NEXT THEATER, EXPANDING THE REACH OF OUR EMPLOYMENT AND EDUCATIONAL OPPORTUNITIES. FORM 990, PART VI, SECTION A, LINE 2 VALERIE JENSEN, FOUNDER AND EXECUTIVE DIRECTOR, AND REBECCA CIOTA, PRESIDENT AND BOARD MEMBER, HAVE A FAMILY AND BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USES AN OUTSIDE MANAGEMENT COMPANY, ADP TOTALSOURCE, INC., A PROFESSIONAL EMPLOYER ORGANIZATION ("PEO") AS A CO-EMPLOYER. NO DIRECTOR, OFFICER, OR KEY EMPLOYEE WAS PAID BY THE PEO DURING 2016. THE PEO WAS PAID $15,351 FOR ITS SERVICES AS CO-EMPLOYER. 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 INITAL 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 C, LINE 19 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