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Connecticut · Nonprofit

PROSPECTS OPPORTUNITY AND ENRICHMENT INC

PROSPECTS OPPORTUNITY AND ENRICHMENT INC (Connecticut) receives grants from 49 organizations whose IRS filings report $15,908,055 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,966,279). 24 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$5.0M
Funders on record
49
Grants received
$16M
Net assets
$5.1M
24/49 repeat fundersgrants exceed reported revenue in one year
01What it does

What Prospects Opportunity and Enrichment Inc does

Mission

The mission of the prospector is to improve the quality of life for people with disabilities through meaningful employment. All of our employees are known as prospects, and 75% of us self-identify with a disability. That self-identification is from our box office up to the board of directors. Every prospect is paid competitively, wears the same uniform, and is held to the same standard.

As stated on its FY2024 Form 990.

Program

  1. 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…

    $5,142,733 spent$2,148,551 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $5,142,733.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.1M) Expenses 100 ($3.4M) Net assets 100 ($7.1M)2018 Revenue 96 ($4.9M) Expenses 110 ($3.7M) Net assets 116 ($8.3M)2019 Revenue 175 ($8.9M) Expenses 117 ($4.0M) Net assets 185 ($13M)2020 Revenue 41 ($2.1M) Expenses 121 ($4.1M) Net assets 157 ($11M)2021 Revenue 57 ($2.9M) Expenses 115 ($3.9M) Net assets 130 ($9.2M)2022 Revenue 66 ($3.3M) Expenses 150 ($5.1M) Net assets 103 ($7.3M)2023 Revenue 93 ($4.7M) Expenses 172 ($5.9M) Net assets 88 ($6.3M)2024 Revenue 98 ($5.0M) Expenses 183 ($6.2M) Net assets 72 ($5.1M)
'17'18'19'20'21'22'23'24
Revenue (98)Expenses (183)Net assets (72)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $8.5M to $13M (+58%).

$7.3M
$8.5M
$13M
$12M
$9.7M
$7.8M
$6.8M
$5.5M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 23% · 2021 33% · 2022 5%. Grants only. Government contracts and fees sit inside program revenue.

53% of PROSPECTS OPPORTUNITY AND ENRICHMENT INC’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$1.7M
’17
$1.1M
’18
$4.9M
’19
−$2.0M
’20
−$1.0M
’21
−$1.8M
’22
−$1.1M
’23
−$1.2M
’24
7.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

The chief executive listed changed between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24
Listed445611669
Joined·+0+1+1+6+0+0+3
No longer listed·0001500
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 17 funders, grant income rose $1.8M → $1.8M.

14 of 49 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 79% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $394k from one payer (the payer shares this organization's board, largest The Prospector Foundation Inc). These are real filings, and they are not money PROSPECTS OPPORTUNITY AND ENRICHMENT INC raised.

From the IRS filings of PROSPECTS OPPORTUNITY AND ENRICHMENT INC’s funders (the co-funder graph). Top 30 of 49 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PROSPECTS OPPORTUNITY AND ENRICHMENT INC leans on a few funders — its largest provides 63% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

80% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PROSPECTS OPPORTUNITY AND ENRICHMENT INC.

63%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2017 42% · 2018 49% · 2019 52% · 2020 82% · 2021 52% · 2022 62% · 2023 82% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

36% of PROSPECTS OPPORTUNITY AND ENRICHMENT INC's funders are still giving 3 years after their first grant; 49% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

79% of PROSPECTS OPPORTUNITY AND ENRICHMENT INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.3M that is directly attributable, 81% of it comes from funders outside Connecticut, across 10 states.

ME
IL
NY
MA
IA
NJ
CT
DE
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $13M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PROSPECTS OPPORTUNITY AND ENRICHMENT INC holds deeper cash reserves than three-quarters of the 11,263 human services nonprofits its size.

Operating margin−25% · bottom quartile
Months of reserve7.7mo · top quartile
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024

Organizations like PROSPECTS OPPORTUNITY AND ENRICHMENT INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 8%Fundraising 7%

Governance

3
board members
33%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

89%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 1 related entity

  • The Prospector Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PROSPECTS OPPORTUNITY AND ENRICHMENT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PROSPECTS OPPORTUNITY AND ENRICHMENT INC?
PROSPECTS OPPORTUNITY AND ENRICHMENT INC (Connecticut) receives grants from 49 organizations whose IRS filings report $15,908,055 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,966,279). 24 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PROSPECTS OPPORTUNITY AND ENRICHMENT INC have?
IRS filings report 49 organizations giving $15,908,055 in grants to PROSPECTS OPPORTUNITY AND ENRICHMENT INC, 24 of which have funded it in more than one year.
Who is the largest funder of PROSPECTS OPPORTUNITY AND ENRICHMENT INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $9,966,279 in grants. The full list of funders is on this page.
How can an organization like PROSPECTS OPPORTUNITY AND ENRICHMENT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Prospects Opportunity and Enrichment →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 49 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing