Is it real?
Yes. Never revoked by the IRS. Latest filing we have: FY2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
85 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
12 people listed on the 990; $154K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Andy White | $121,196 | $99,389 | $85,000 |
| Michael Pittman | $78,114 | $77,217 | $68,942 |
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 Prospect 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
Helps people with disabilities find jobs and support services.
Questions for Prospect INC
Your first name shows with your question. Prospect INC answers here, for everyone.
Employment services, residential and home support services, day services, child development, family support and other programs.
Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 62-0793411) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
The auditor reported no findings.
The auditor reported no findings.
The auditor reported no findings.
The auditor reported no findings.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.1M | $2.3M |
| Land, buildings, equipmentLn 10c | $212K | $133K |
| Total assetsLn 16 | $2.0M | $3.1M |
| LiabilitiesLn 26 | $608K | $1.7M |
| Net assetsLn 32 | $1.4M | $1.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $4.2M | $3.8M | $400K | |
| Pension plan contributionsLn 8 | $18K | $17K | $2K | |
| Other employee benefitsLn 9 | $600K | $537K | $63K | |
| Payroll taxesLn 10 | $334K | $299K | $35K | |
| Other fees for servicesLn 11g | $160K | $10K | $150K | |
| OccupancyLn 16 | $153K | $91K | $62K | |
| TravelLn 17 | $16K | $15K | $1K | |
| Depreciation, depletion and amortizationLn 22 | $85K | $77K | $7K | |
| InsuranceLn 23 | $82K | $45K | $38K | |
| Other expenses (24a–d)Ln 24 | $218K | $130K | $88K | |
| All other expensesLn 24e | $34K | $14K | $20K | |
| Total functional expensesLn 25 | $5.9M | $5.0M | $866K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2022 LatestFiled with the IRS Jan 20, 2023 | $4.2M | $4.1M | $157K | $0 | 990 PDF |
| FY2021Filed with the IRS Feb 4, 2022 | $6.9M | $5.9M | $994K | $2.4M | 990 PDF |
| FY2020 ViewingFiled with the IRS Mar 18, 2021 | $5.9M | $5.9M | $19K | $1.4M | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $5,921,912 revenue, 12 lines filed
Part VI · Governance 11 of 11 board members independent, no flags
Part VIII · Statement of revenue $5,921,912 across 7 lines filed
Part IX · Statement of functional expenses $5,902,877 across 11 lines filed
Part X · Balance sheet $3,100,274 assets, 14 lines filed
Part XI · Reconciliation of net assets $1,395,458 net assets at year end
Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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