PROSPECTS OPPORTUNITY AND ENRICHMENT INC

EIN: 461904997 501(c)(3) Human Services

RIDGEFIELD, CT

Total Revenue
$4,730,298
Total Expenses
$5,855,999
Total Assets
$6,761,647
Net Assets
$6,260,037
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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CT
Principal Officer
RYAN WENKE
Phone
2034380136
Tax Period
2023-01-01 to 2023-12-31

PROSPECTS OPPORTUNITY AND ENRICHMENT INC, founded in 2013, is a community nonprofit in the Human Services sector that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $5.9M exceeded revenue, resulting in a 24% operating deficit.

Mission

THE MISSION OF THE PROSPECTOR IS TO CREATE COMPETITIVE AND INCLUSIVE EMPLOYMENT FOR PEOPLE WITH DISABILITIES, WHILE EDUCATING AND INTRODUCING THIS UNDER-REPRESENTED POPULATION TO THE COMMUNITY AS STRONG, VIBRANT, AND IMPORTANT CONTRIBUTORS TO THE WORKFORCE.

Program Service Accomplishments

Program 1
Expenses: $5,142,733 Revenue: $2,148,551

DO GOOD BUSINESS CONFERENCE IN OCTOBER OF 2023, WE HOSTED OUR INAUGURAL DO GOOD BUSINESS CONFERENCE, A FULL-DAY HYBRID EVENT THAT DETAILED HOW DIVERSITY, INCLUSION, AND ACCESSIBILITY CAN BETTER A...

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DO GOOD BUSINESS CONFERENCE IN OCTOBER OF 2023, WE HOSTED OUR INAUGURAL DO GOOD BUSINESS CONFERENCE, A FULL-DAY HYBRID EVENT THAT DETAILED HOW DIVERSITY, INCLUSION, AND ACCESSIBILITY CAN BETTER A BUSINESS AND THEIR BOTTOM LINE. PARTICIPANTS LEARNED STRATEGIES FOR CREATING INCLUSIVE EMPLOYMENT AND UNIVERSALLY DESIGNED CUSTOMER EXPERIENCES. THE CONFERENCE SOLD OUT OUR 67-SEAT THEATER AND FEATURED A KEYNOTE ADDRESS FROM JOHN D. KEMP, THE PRESIDENT & CEO OF LAKESHORE FOUNDATION. ADDITIONAL PRESENTERS INCLUDED TOM D'ERI FROM RISING TIDE CAR WASH, MARJORIE MADFIS FROM YES SHE CAN INC, PATRICK BARDSLEY FROM SPECTRUM DESIGNS, AND ADDITIONAL PANELISTS FROM IBM, COFFEE FOR GOOD, WESTPORT BOOK SALE, TEAM WOOFGANG CO, AND SWEET P BAKERY. SINCE OPENING, THE PROSPECTOR HAS RECEIVED HUNDREDS OF REPLICATION INQUIRIES. EMPLOYMENT OPPORTUNITIES ARE STILL HARD TO FIND FOR MANY PEOPLE WITH DISABILITIES. AUTOMATION IS ON THE RISE AND MORE PARENTS THAN EVER ARE WONDERING WHAT HAPPENS AFTER THE POST-SECONDARY CLIFF, WHEN YOUNG ADULTS TRANSITION OUT OF THE PUBLIC SCHOOL SYSTEM. WE NEED TO MAKE A LARGER IMPACT AT A QUICKER RATE, AND THE DO GOOD BUSINESS CONFERENCE IS A WAY TO GROW A COALITION OF LIKE-MINDED BUSINESSES WHO CAN WORK TOGETHER TO ADDRESS EVERYDAY OBSTACLES AND CREATE SYSTEMIC CHANGE. EXPANDING SERVICE LEARNING PROGRAMS IN 2023 ALONE, THE PROSPECTOR HOSTED OVER 50 SCHOOLS, ORGANIZATIONS, & BUSINESSES WHICH DIRECTLY IMPACTED OVER 3,500 PARTICIPANTS. OUR SERVICE LEARNING PROGRAM IS OFFERED IN THREE FORMATS: AT THE PROSPECTOR, VIRTUALLY, OR OFFSITE. PEOPLE WHO PARTAKE SERVICE LEARNING ACQUIRE VALUABLE SKILLS THAT THEY CAN READILY APPLY THROUGHOUT THEIR OWN PERSONAL AND PROFESSIONAL JOURNEYS. OUR EXPANSIVE PROGRAM OFFERINGS ALLOW OUR MISSION TO BE SHARED WITH PARTICIPANTS FROM PRE-K ALL THE WAY TO PHD. SOME OF THESE PROGRAMS INCLUDE: THE PENCIL PRESENTATION - AN INTERACTIVE DISCOVERY OF HOW WE SHOULD FOCUS ON WHAT MAKES US SIMILAR, RATHER THAN WHAT MAKES US DIFFERENT. WE ALL SPARKLE - REMINDING PARTICIPANTS THAT THERE ARE UNIQUE AND SPECIAL THINGS ABOUT EVERYONE AND THAT WE ALL MUST TAKE THE TIME TO REALLY GET TO KNOW EACH OTHER. ACCESS FOR ALL - BRINGING AWARENESS TO THE IMPORTANCE OF ACCESSIBILITY AND INCLUSION. THIS PROGRAM SHOWS HOW ASSISTIVE TECHNOLOGY SUCH AS AUGMENTATIVE ALTERNATIVE COMMUNICATION AND AUDIO DESCRIPTION PROVIDES PROSPECTS WITH ACCESS TO AN AMAZING LEARNING ENVIRONMENT WHERE WE CAN THRIVE AND PURSUE OUR SPARKLE. PARTICIPANTS GO THROUGH A SERIES OF STATIONS AND HAVE ONE ON ONE CONVERSATIONS WITH PROSPECTS. MEANINGFUL EMPLOYMENT INCREASES QUALITY OF LIFE, FINANCIAL INDEPENDENCE, AND WELL-BEING. WITH MORE PEOPLE ENTERING THE DISABILITY COMMUNITY, THESE PROGRAMS ARE MORE IMPORTANT THAN EVER. PROSPECTOR POPCORN OUR PROSPECTOR POPCORN PROGRAM CONTINUES TO EXPONENTIALLY GROW, WITH ONLINE REVENUE IN 2023 EXCEEDING 2022 BY 136%. IN JANUARY, THE PROSPECTOR MADE INVESTMENTS IN ESTABLISHING A PARTNERSHIP WITH A PR COMPANY CALLED PUBLICITY FOR GOOD. THIS PR COMPANY SPECIALIZES IN BRANDS WITH A PURPOSE, AND THROUGH OUR COLLABORATION WITH THEM WE WERE ABLE TO SECURE DOZENS OF LOCAL AND NATIONAL MEDIA APPEARANCES. DURING WORLD DOWN SYNDROME DAY ON MARCH 21ST, PROSPECTOR POPCORN WAS FEATURED ON A MORNING SEGMENT OF FOX & FRIENDS, WHICH RESULTED IN OVER 300 ORDERS IN A MATTER OF MINUTES. NOT ONLY ARE MEDIA OPPORTUNITIES INSTRUMENTAL IN INCREASING REVENUE, BUT WE'RE ABLE TO SHARE OUR SPARKLE AND STORIES WITH A NATIONAL AUDIENCE. INDIVIDUALS ACROSS THE COUNTRY ARE WATCHING US ELOQUENTLY SPEAK ABOUT THE PROSPECTOR'S MISSION, WHICH CONTINUES TO DECONSTRUCT STEREOTYPES AROUND THE DISABILITY COMMUNITY. THROUGH A NOTABLE INCREASE IN ORDERS, WE'VE BEEN ABLE TO INTRODUCE MORE THAN 20 NEW PROSPECTS TO THE POPCORN PROGRAM AND HAVE EXPANDED OUR OFFERINGS TO 12 STAPLE AND SEASONAL FLAVORS. ADDITIONALLY, WE HAVE FORMED B2B PARTNERSHIPS WITH SMALL BUSINESSES, NONPROFITS, AND WHOLESALE MARKET PLATFORMS. COMPANIES AND ORGANIZATIONS SUCH AS ABLEGAMERS FOUNDATION, THE NY GIANTS, AND PROCURE IMPACT HAVE VALUES THAT ALIGN WITH OUR MISSION AND PLACE THE NECESSITY OF INCLUSIVE EMPLOYMENT AT THE FOREFRONT. OUR PARTNERSHIP WITH PROCURE IMPACT BEGAN IN 2023 AND HAS ENABLED US TO REACH EVEN MORE PEOPLE THROUGHOUT THE HOSPITALITY INDUSTRY. PROSPECTOR POPCORN IS NOW AVAILABLE IN HOTEL LOBBIES, GIFT SHOPS AND GUESTROOMS NATIONWIDE. WE CURRENTLY SUPPLY 31 HOTELS IN 20 STATES AND HAVE SOLD OVER 3000 BAGS THROUGH PROCURE IMPACT ALONE. PINK GLOVE MOVIE EXPERIENCE IN TYPICAL PROSPECTOR FASHION, BARBIE BECAME OUR #1 MOVIE OF ALL TIME, BEATING STAR WARS: THE FORCE AWAKENS. BARBIE PLAYED FOR 10 WEEKS AND OVER 11,000 MOVIEGOERS CAME TO THE PROSPECTOR FOR THIS BLOCKBUSTER HIT WHILE EXPERIENCING OUR SIGNATURE PINK GLOVE SERVICE PROSPECTOR'S STANDARD FOR ALWAYS GOING ABOVE AND BEYOND FOR EVERY PATRON. WE WANT THE WORLD TO UNDERSTAND WHAT WE ACCOMPLISH EVERY DAY IS THOUGHTFUL AND INTENTIONAL. TO FURTHER OUR GOAL OF MAKING MOVIEGOING MORE INCLUSIVE AND ACCESSIBLE, THE PROSPECTOR BECAME THE FIRST NON-PROFIT MOVIE THEATER TO BECOME CERTIFIED BY KULTURE CITY AS A SENSORY INCLUSIVE VENUE. THE CERTIFICATION PROCESS ENSURES THAT PROSPECTS ARE TRAINED ANNUALLY BY LEADING MEDICAL PROFESSIONALS ON HOW TO RECOGNIZE THOSE GUESTS WITH SENSORY NEEDS AND HOW TO HANDLE A SENSORY OVERLOAD SITUATION. OUR BOX OFFICE NOW CONTAINS KULTURE CITY SENSORY BAGS THAT INCLUDE NOISE-CANCELING HEADPHONES, FIDGET TOOLS, VERBAL CUE CARDS, WEIGHTED LAP PADS, AND STROBE CANCELING GLASSES. WITH THIS NEW CERTIFICATION, THE PROSPECTOR CONTINUES TO ASSIST GUESTS WITH SENSORY SENSITIVITIES IN HAVING THE MOST COMFORTABLE AND ACCOMMODATING EXPERIENCE POSSIBLE. AN EMPLOYMENT MODEL THAT MATCHES A PERSON'S PASSION WITH A PROFESSION CREATES A WORKFORCE THAT IS ENERGIZED AND ENTHUSIASTIC. PROSPECTS ARE THE KEY INGREDIENT TO OUR ENTIRE BUSINESS, AND OUR INCREDIBLY DIVERSE WORKFORCE IS RESPONSIBLE FOR THE EXCEPTIONAL QUALITY OF THE PROSPECTOR. ONE OF THE MAJOR MILESTONES WE REACHED IN 2023 WAS CLOCKING IN OVER 1,000,000 HOURS OF MEANINGFUL WORK SINCE OPENING OUR DOORS, AND IT'S THE CULMINATION OF THAT HARD WORK THAT MAKES THE PROSPECTOR EXPERIENCE FIRST CLASS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,287,558
Program Service Revenue $1,536,365
Investment Income $293,189
Other Revenue $613,186
TOTAL REVENUE $4,730,298

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,086,768
Fundraising Expenses $439,982
Program Expenses $5,142,733
Other Expenses $1,769,231
TOTAL EXPENSES $5,855,999

Year-over-Year Comparison

2023 2022 Change
Revenue $4,730,298 $3,340,795 +0.4%
Expenses $5,855,999 $5,091,187 +0.2%
Net Income $-1,125,701 $-1,750,392 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
2
Employees
136
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$337,069
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VALERIE K JENSEN PRESIDENT 10.00
Officer Director
$0 $0 $0
GEORGE GRECZYLO SECRETARY 1.00
Officer Director
$0 $0 $0
JULIEN MARCEL TREASURER 1.00
Officer Director
$0 $0 $0
RYAN WENKE EXECUTIVE DIRECTOR EFF. 10/2023 40.00
Officer
$180,270 $9,800 $190,070
MICHAEL SANTINI EXECUTIVE DIRECTOR THRU 09/2023 40.00
Officer
$146,154 $845 $146,999
BRAD BELLAGAMBA HR DIRECTOR 40.00
Highest
$173,086 $4,800 $177,886
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,730,298 $5,855,999 $6,761,647 $-1,125,701
2022 $3,340,795 $5,091,187 $7,799,112 $-1,750,392
2021 $2,894,307 $3,916,651 $9,691,483 $-1,022,344
2020 $2,086,575 $4,093,221 $11,553,269 $-2,006,646
2019 $8,884,440 $3,978,602 $13,446,648 $4,905,838
2018 $4,885,721 $3,736,990 $8,494,908 $1,148,731
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