Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 1,491,417 | 1,776,607 | 1,480,684 | 2,287,558 | 2,655,361 | 9,691,627 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 616,826 | 1,183,191 | 1,976,369 | 2,485,082 | 2,404,853 | 8,666,321 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 2,108,243 | 2,959,798 | 3,457,053 | 4,772,640 | 5,060,214 | 18,357,948 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 550,000 | 125,000 | 20,000 | 577,693 | 1,272,693 | |
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | |||||
| c | Add lines 7a and 7b.. | 550,000 | 125,000 | 20,000 | 577,693 | 1,272,693 | |
| 8 | Public support. (Subtract line 7c from line 6.) | 17,085,255 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 2,108,243 | 2,959,798 | 3,457,053 | 4,772,640 | 5,060,214 | 18,357,948 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 59,652 | 44,934 | 146,157 | 293,189 | 223,528 | 767,460 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 59,652 | 44,934 | 146,157 | 293,189 | 223,528 | 767,460 |
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 1,000 | 57,204 | 58,204 | |||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 2,167,895 | 3,004,732 | 3,603,210 | 5,066,829 | 5,340,946 | 19,183,612 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
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2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
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2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
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5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | OTHER INCOME - 2023 AMOUNT: $ 1,000. INSURANCE PROCEEDS - 2024 AMOUNT: $ 57,204. |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
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| 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, IS DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR PEOPLE WITH DISABILITIES THROUGH MEANINGFUL EMPLOYMENT. IN ADDITION TO WELCOMING NEARLY 1,000,000 MOVIEGOERS IN RIDGEFIELD, CT, WE BAKE AND PRODUCE DELICIOUS GOURMET POPCORN, WRITE AND FILM VIDEOS THAT HAVE GARNERED MORE THAN 20,000,000 VIEWS, AND THROUGH OUR SERVICE LEARNING PROGRAM WE'VE EDUCATED THOUSANDS OF STUDENTS AND PROFESSIONALS EVERY YEAR ABOUT THE BENEFITS OF OUR MISSION. THE SCOPE OF OUR WORK SHOWS EMPLOYERS THAT PEOPLE WITH DISABILITIES CAN EXCEL IN JOBS THAT REQUIRE IN-DEMAND SKILL SETS; DISPROVING THE STEREOTYPE THAT OPPORTUNITIES CAN ONLY BE MENIAL. SHARING OUR MODEL IS ESSENTIAL IN ADDRESSING THE UNFORTUNATE STATISTIC THAT NEARLY 80% OF AMERICANS WITH DISABILITIES STILL DO NOT HAVE A JOB. |
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | DO GOOD BUSINESS CONFERENCE SINCE OPENING, THE PROSPECTOR HAS RECEIVED HUNDREDS OF REPLICATION INQUIRIES. EMPLOYMENT OPPORTUNITIES ARE STILL HARD TO FIND FOR MANY PEOPLE WITH DISABILITIES. 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. WITH THE SUCCESS OF OUR INAUGURAL DO GOOD BUSINESS CONFERENCE IN 2023, WE EXPANDED THE CONFERENCE IN 2024 BOTH IN SIZE AND SCOPE. OUR ENTIRE BUILDING WAS USED FOR THE EVENT, STARTING WITH A KEYNOTE PRESENTATION FROM JOHN & MARK X CRONIN FROM JOHN'S CRAZY SOCKS. THE AGENDA ALSO INCLUDED PRESENTATIONS FROM RICK SEBASTIAN FROM THE KENNEDY COLLECTIVE, MARC SENIA & JULIE OAKLEY FROM WALGREENS, LAURA DEFRANCESCO ROSS FROM PROCURE IMPACT, AND KELLI FISHER FROM SPECTRUM DESIGNS. THE LOBBY OF THE PROSPECTOR WAS UTILIZED TO ALLOW PARTICIPATING ORGANIZATIONS TO SET UP BOOTHS THAT DISPLAYED THEIR MISSION AND PRODUCTS. THREE OF OUR THEATERS WERE USED FOR BREAKOUT SESSIONS, GIVING PARTICIPANTS THE FLEXIBILITY TO ATTEND SPECIFIC PRESENTATIONS THAT BEST SUITED THEIR BUSINESS NEEDS. WITH OVER 120 PARTICIPANTS, THE CONFERENCE WAS AN INVALUABLE OPPORTUNITY TO LEARN, ASK QUESTIONS, AND NETWORK WITH ENTREPRENEURS AND CHANGEMAKERS. EXPANDING SERVICE LEARNING PROGRAMS IN 2024, 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 IN 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: JOB SAMPLING - PARTICIPANTS HAVE THE OPPORTUNITY TO SAMPLE A MULTITUDE OF TASKS IN EACH OF THE PROSPECTOR'S DEPARTMENTS: BOX OFFICE, HEAD'S UP CAFE, CONCESSIONS, CLEAN TEAM, FACILITIES, ENGAGEMENT GUIDE, EVENTS, GOURMET POPCORN, PRODUCTION, & USHERING. AD (AUDIO DESCRIPTION) EXPERIENCE - PARTICIPANTS IN THIS PROGRAM USE ASSISTIVE MOVIEGOING TECHNOLOGY THAT ALLOWS BOTH BLIND AND VISUALLY IMPAIRED PROSPECTS AND PATRONS TO EXPERIENCE A MOVIE. LED BY CAROLYN "CECE" HARRINGTON, PROSPECT, AND GRADUATE, OF THE PERKINS SCHOOL FOR THE BLIND. 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. HIP-HOP WORKSHOP - PROSPECTS TAKE PARTICIPANTS THROUGH A JOURNEY OF RHYTHM AND RHYME, DEMONSTRATING HOW WE USE HIP-HOP TO BUILD EMPATHY, BREAK DOWN BARRIERS, AND CREATE MEANINGFUL EMPLOYMENT. 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 PROSPECTOR POPCORN CONTINUES TO EXPONENTIALLY GROW, WITH TOTAL GROSS REVENUE IN 2024 EXCEEDING 2023 BY 45%. OUR PARTNERSHIP WITH PROCURE IMPACT HAS ALSO ACCELERATED, WITH OUR GOURMET POPCORN NOW BEING SOLD IN OVER 350 HOTELS ACROSS 34 STATES. THIS PRODUCT IS A LITERAL TASTE OF OUR MISSION IN ACTION. FROM POPPING TO PACKAGING, GRAPHIC DESIGN TO MARKETING, EVERY SINGLE ASPECT OF OUR GOURMET POPCORN IS A JOB THAT PROSPECTS DO. WE'VE ALWAYS WANTED A WAY FOR PEOPLE ACROSS THE COUNTRY TO EXPERIENCE THE BENEFITS OF OUR MISSION WITHOUT NEEDING TO COME TO RIDGEFIELD, CT - AND PROSPECTOR POPCORN IS THAT ANSWER. IN DECEMBER, SINGER/SONGWRITER KELLY CLARKSON LEARNED ABOUT OUR MISSION AND INVITED PROSPECTS DOWN TO NEW YORK CITY AS GUESTS ON HER TALK SHOW! WITH THREE PROSPECTS ON STAGE WITH HER, AND SEVEN MORE CHEERING IN THE AUDIENCE, CLARKSON SAMPLED OUR POPCORN ON AIR AND ABSOLUTELY FELL IN LOVE. AT THE END OF THE SEGMENT, KELLY SURPRISED PROSPECTS WITH A CHECK OF $20,000 SPONSORED BY KROGER. "BEST.THEATER. ANYWHERE" KELLY CLARKSON WASN'T THE ONLY CELEBRITY IN 2024 TO DISCOVER THE PROSPECTOR. IN JULY, WE HAD THE HONOR OF WELCOMING ACTOR RYAN REYNOLDS FOR A SURPRISE VISIT! AFTER WATCHING A MOVIE AND EXPERIENCING OUR SIGNATURE PINK GLOVE SERVICE, REYNOLDS TOOK TIME TO POSE FOR PHOTOS AND CHAT WITH PROSPECTS. REYNOLDS MADE SURE TO SIGN A DEADPOOL & WOLVERINE POSTER, ADDING A PERSONAL TOUCH TO THE EXCITEMENT AND CREATING A TREASURED KEEPSAKE THAT NOW HOLDS A SPECIAL PLACE IN OUR THEATER. REYNOLDS PRAISED THE THEATER ON SOCIAL MEDIA, CALLING IT THE "BEST. THEATER. ANYWHERE." THE SPARKLE CONTINUED AS WE ENTERED NOVEMBER AND PLAYED WHAT WOULD BE OUR BEST SELLING MOVIE OF 2024 (AND 2ND HIGHEST OF ALL-TIME) - WICKED. STEPHEN SCHWARTZ, THE ACCLAIMED COMPOSER BEHIND THE ORIGINAL BROADWAY SENSATION, JOINED US ON OPENING NIGHT FOR AN EXCLUSIVE EVENT. GUESTS WERE INVITED TO ENJOY WICKED ON THE BIG SCREEN, FOLLOWED BY AN ENGAGING Q&A SESSION WHERE SCHWARTZ SHARED INSIGHTS INTO HIS CREATIVE PROCESS, THE INSPIRATIONS BEHIND HIS ICONIC COMPOSITIONS, AND MEMORABLE ANECDOTES FROM HIS ILLUSTRIOUS CAREER. SCHWARTZ PERSONALLY MET WITH GUESTS, SIGNED POSTERS, POSED FOR PHOTOS, AND EVEN JOINED OUR PROSPECT PRODUCTIONS TEAM AND FILMED A TIKTOK VIDEO! HIS GENUINE WARMTH AND SUPPORT OF OUR MISSION BROUGHT OUR COMMUNITY TOGETHER BENEATH THE GLOW OF OUR SILVER SCREEN. CELEBRATING 10 YEARS EXACTLY 10 YEARS TO THE DAY SINCE OUR DOORS FIRST OPENED, WE CELEBRATED OUR DECADE MILESTONE WITH A SPECTACULAR GALA. THE EVENING WAS A SPARKLING SUCCESS, WITH OVER 200 GUESTS IN ATTENDANCE AND MORE THAN $500,000 RAISED IN SUPPORT OF OUR MISSION. WHAT MADE OUR GALA TRULY UNIQUE WAS THE VENUE-OUR GORGEOUS THEATER WHICH PROVIDED A VIBRANT AND INSPIRING BACKDROP FOR THE NIGHT'S FESTIVITIES. OUR ONE-OF-A-KIND AUCTION HIGHLIGHTED THE INCREDIBLE SPARKLE OF PROSPECTS. FROM CUSTOM EMBROIDERY AND ORIGINAL WORKS OF ART TO PROSPECT PRODUCTION PACKAGES, EVERY ITEM ON DISPLAY REFLECTED THE PASSION, SKILL, AND SPARKLE THAT DEFINES OUR WORKFORCE. RJ MITTE, ACTOR AND DISABILITY ADVOCATE, WAS OUR GUEST SPEAKER AND CONFIDENTLY SPOKE ABOUT HIS OWN DISABILITY AND THE IMPORTANCE OF INCLUSION. |
| 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 CURRENT SOLE MEMBER IS VALERIE K JENSEN. |
| 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 CONFLICT 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 INVOLVED A PERSONAL PROFIT, GAIN OR OTHER FINANCIAL BENEFIT 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 TRANSACTIONS OR ARRANGEMENT AND THAT THE AMOUNT OF ANY COMPENSATION, REIMBURSEMENT OR PAYMENT IS NOT EXCESSIVE (THE SCOPE OF SUCH EFFORT BEING DETERMINED THE 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 | 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 COMPENSATION FOR THE 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. |
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