Prospectus Associates INC FY2021 filing

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To inspire people with special needs to lead meaningful lives by providing innovative supports

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$134K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $2.1M a year · 10% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$134K
to officers and key staff · 0.7% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.6M
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$19.1M
-7% vs prior year
Spent
$17.9M
To programs
83%
Net assets
$10.1M
By yearFY2020–FY2025
Revenue
$19.1M
FY2021▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$20.5M
FY2021$19.1M
FY2022$22.6M
FY2023$18.9M
FY2024$20.2M
FY2025$24.1M
Expenses
$17.9M
FY2021▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$18.8M
FY2021$17.9M
FY2022$17.7M
FY2023$18.2M
FY2024$19.5M
FY2025$20.8M
Net assets
$10.1M
FY2021▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.8M
FY2021$10.1M
FY2022$14.9M
FY2023$15.6M
FY2024$16.2M
FY2025$19.7M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $14.9M Management & general 16% · $2.9M Fundraising 1% · $90K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $134K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$133,929Pt VII · Sec A
Vice President Through 11/2020
$0Pt VII · Sec A
President as of 11/2020
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Jody Wagner’s $162K as CEO is at the 25th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jody Wagner$161,581$147,969$147,969$142,800$133,929$132,470
Jonathan Colon-Colon$157,312$129,025$129,025———
Nikki Roman-Cruz$137,536$123,034$123,034———
Kristy Vigo$128,346$104,199$104,199———
Deborah Dallago———$116,200——
Marie Remy$114,102$114,220$114,220———
Brooke Wagner$110,182—————
Kimbrly Alarcon———$107,527——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Prospectus Associates INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires people with special needs to lead meaningful lives through innovative support.

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3 programs · $14.9M · in their own filed words · FY2020
01

Residential services provide an array services to adults with disabilities designed to promote individual choice and opportunity in the berks county community. There are 91 program participants in our community homes and 14 program participants in the family living program.

$12.5Mprogram expense
02

Day programs provide vocational and adult training programs for adults with disabilities. Vocational services offer a variety of training and employment options and employs workers with disabilities and provides businesses through the county with packaging and subassembly services.

$2.3Mprogram expense
03

Family support services provide individualized services to people with disabilities and their families. Currently authorized to provide habilitation supports, companionship services and host respite to over 27 individuals.

$227Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$1K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2016 · $7.1M federal money spent
Medical Assistance ProgramDepartment of Health and Human Services · ALN 93.778 · Through PA Department of Human Services$6.7M
Foster Care_title Iv-EDepartment of Health and Human Services · ALN 93.658 · Through Berks County Children and Youth Services$365K
Block Grants for Community Mental Health ServicesDepartment of Health and Human Services · ALN 93.958 · Through Berks County Mh/Idd - Service Access and Management, INC.$20K

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$19.1M
Ln 12
Fees for servicesLn 2g$15.1M
Gifts and grantsLn 1h$4.0M
Investment incomeLn 3$42K
Money outPt IX
$17.9M
Ln 25
Programscol B$14.9M
Managementcol C$2.9M
Fundraisingcol D$90K
Owns and owesPt X
$10.1M
net assets · Ln 32
Cash and savingsLn 1–2$4.6M
Total assetsLn 16$14.7M
LiabilitiesLn 26$4.6M
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.0M
Government grantsLn 1e$3.6M
Fees for servicesLn 2g$15.1M
Investment incomeLn 3$42K
Other incomeLn 4–11$3K
Gains on assetsLn 7$31K
Total revenueLn 12$19.1M
Assets in detailPt X, end of year
CashLn 1$4.1M
SavingsLn 2$508K
Cash and savings togetherLn 1–2$4.6M
Accounts receivableLn 4$845K
Prepaid expenses and deferred chargesLn 9$130K
Land, buildings, equipmentLn 10c$7.4M
InvestmentsLn 11–13$738K
Other assetsLn 15$871K
Total assetsLn 16$14.7M
LiabilitiesLn 26$4.6M
Net assetsLn 32$10.1M
OperationsPt I, VI
EmployeesI 5530
VolunteersI 648
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$6K
Share of the $738K endowmentSch D 1g0.76%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$738K$541K$527K$256K$232K
Given inLn 1b$3K$4K$252K$4K$2K
SpentLn 1d–1f$6K$5K$3K$2K$2K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$7.0M$4.6M
InvestmentsLn 11–13$541K$738K
Land, buildings, equipmentLn 10c$8.0M$7.4M
Total assetsLn 16$17.2M$14.7M
LiabilitiesLn 26$8.4M$4.6M
Net assetsLn 32$8.8M$10.1M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$135K$135K
Other salaries and wagesLn 7$10.5M$9.1M$1.4M$60K
Pension plan contributionsLn 8$300K$249K$50K$995
Other employee benefitsLn 9$2.4M$2.0M$407K$8K
Payroll taxesLn 10$790K$674K$112K$4K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$55K$55K
Investment management feesLn 11f$6K$6K
Other fees for servicesLn 11g$26K$26K
Office expensesLn 13$174K$66K$107K$756
Information technologyLn 14$256K$17K$239K
OccupancyLn 16$523K$487K$36K
TravelLn 17$14K$14K$280$5
InterestLn 20$121K$30K$91K
Depreciation, depletion and amortizationLn 22$570K$535K$35K
InsuranceLn 23$124K$47K$77K
Other expenses (24a–d)Ln 24$1.7M$1.6M$101K$3K
All other expensesLn 24e$116K$45K$58K$13K
Total functional expensesLn 25$17.9M$14.9M$2.9M$90K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 11, 2026 $24.1M$20.8M$3.3M$19.7M 990 PDF
FY2024Filed with the IRS Mar 12, 2025 $20.2M$19.5M$626K$16.2M 990 PDF
FY2023Filed with the IRS Mar 22, 2024 $18.9M$18.2M$662K$15.6M 990 PDF
FY2022Filed with the IRS Mar 30, 2023 $22.6M$17.7M$4.9M$14.9M 990 PDF
FY2021 ViewingFiled with the IRS Mar 11, 2022 $19.1M$17.9M$1.2M$10.1M 990 PDF
FY2020Filed with the IRS Mar 17, 2021 $20.5M$18.8M$1.7M$8.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $19,094,960 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $159,540$3,967,886
I-9 Program service revenuePrior year $20,186,647$15,081,302
I-10 Investment incomePrior year $114,688$42,485
I-11 Other revenuePrior year $15,146$3,287
I-12 Total revenuePrior year $20,476,021$19,094,960
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $14,863,722$14,200,521
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,933,613$3,728,874
I-18 Total expensesPrior year $18,797,335$17,929,395
I-19 Revenue less expensesPrior year $1,678,686$1,165,565
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $19,094,960 across 8 lines filed
VIII-1e Government grants$3,639,794
VIII-1f All other contributions, gifts and grants$328,092
VIII-1h Total contributions, gifts and grants$3,967,886
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,081,302$15,081,302
VIII-3 Investment incomeExcluded from tax $11,527$11,527
VIII-7 Net gain or loss on sales of assetsExcluded from tax $30,958$30,958
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,287$3,287
VIII-12 Total revenueRelated to mission $15,081,302 · Unrelated business $0 · Excluded from tax $45,772$19,094,960
Part IX · Statement of functional expenses $17,929,395 across 18 lines filed
IX-5 Pay of current officers, directors and key staffManagement $135,319$135,319
IX-7 Other salaries and wagesPrograms $9,095,286 · Management $1,369,519 · Fundraising $60,145$10,524,950
IX-8 Pension plan contributionsPrograms $249,056 · Management $49,949 · Fundraising $995$300,000
IX-9 Other employee benefitsPrograms $2,035,023 · Management $406,737 · Fundraising $8,133$2,449,893
IX-10 Payroll taxesPrograms $674,130 · Management $112,268 · Fundraising $3,961$790,359
IX-11b Legal feesManagement $4,037$4,037
IX-11c Accounting feesManagement $54,501$54,501
IX-11f Investment management feesManagement $5,587$5,587
IX-11g Other fees for servicesManagement $26,188$26,188
IX-13 Office expensesPrograms $66,163 · Management $106,903 · Fundraising $756$173,822
IX-14 Information technologyPrograms $17,250 · Management $238,952$256,202
IX-16 OccupancyPrograms $487,360 · Management $35,604$522,964
IX-17 TravelPrograms $13,664 · Management $280 · Fundraising $5$13,949
IX-20 InterestPrograms $30,421 · Management $91,076$121,497
IX-22 Depreciation, depletion and amortizationPrograms $534,935 · Management $34,999$569,934
IX-23 InsurancePrograms $47,412 · Management $76,943$124,355
IX-24 Other expenses (24a–d)Programs $1,635,794 · Management $100,702 · Fundraising $2,877$1,739,373
IX-24e All other expensesPrograms $45,492 · Management $57,903 · Fundraising $13,070$116,465
IX-25 Total functional expensesPrograms $14,931,986 · Management $2,907,467 · Fundraising $89,942$17,929,395
Part X · Balance sheet $14,671,721 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $6,443,242$4,131,541
X-2 Savings and temporary cash investmentsStart of year $507,818$508,109
X-4 Accounts receivableStart of year $974,637$845,283
X-9 Prepaid expenses and deferred chargesStart of year $160,252$129,732
X-10c Land, buildings and equipment, netStart of year $7,969,503$7,447,741
X-11 Publicly traded securitiesStart of year $541,308$737,916
X-15 Other assetsStart of year $586,842$871,399
X-16 Total assetsStart of year $17,183,602$14,671,721
X-17 Accounts payable and accrued expensesStart of year $1,523,782$1,336,695
X-19 Deferred revenueStart of year $15,750$44,686
X-23 Secured mortgages and notes payableStart of year $3,329,009$2,745,393
X-25 Other liabilitiesStart of year $527,412$437,865
X-26 Total liabilitiesStart of year $8,410,015$4,564,639
X-27 Net assets without donor restrictionsStart of year $8,773,587$9,931,908
X-28 Net assets with donor restrictions$175,174
X-32 Total net assets or fund balancesStart of year $8,773,587$10,107,082
X-33 Total liabilities and net assetsStart of year $17,183,602$14,671,721
Part XI · Reconciliation of net assets $10,107,082 net assets at year end
XI-1 Total revenue$19,094,960
XI-2 Total expenses$17,929,395
XI-3 Revenue less expenses$1,165,565
XI-4 Net assets at start of year$8,773,587
XI-5 Net unrealized gains (losses) on investments$167,930
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,107,082

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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