Civic Intelligence

The Prodigy Project

990EZ • Fiscal year 2017 • EIN 46-3642012

Jan 01, 2017 to Dec 31, 2017 • Filed on May 09, 2018

19117 Richmond Beach Drive NWSeattle, WA 98177

(206) 624-3600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

6th percentile

-76%

Higher net margin than 6% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$18,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 26.8% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

4th percentile

-78%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$14,084

Down $50,681 (-78%) from 2016

Net Assets

$14,084

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$67,103

Down $32,052 (-32%) from 2016

Expenses

Up

$117,784

Up $34,841 (+42%) from 2016

Net Income

Down

-$50,681

Down $66,893 (-413%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2014: $44,878Liabilities 2014: $02014Assets 2015: $48,553Liabilities 2015: $02015Assets 2016: $64,765Liabilities 2016: $02016Assets 2017: $14,084Net Assets 2017: $14,0842017Assets 2018: $45,843Liabilities 2018: $56Net Assets 2018: $45,7872018Assets 2019: $51,813Liabilities 2019: $409Net Assets 2019: $51,4042019Assets 2020: $92,407Liabilities 2020: $63,029Net Assets 2020: $29,3782020Assets 2021: $125,697Liabilities 2021: $63,349Net Assets 2021: $62,3482021Assets 2022: $165,208Liabilities 2022: $62,737Net Assets 2022: $102,4712022Assets 2023: $223,536Liabilities 2023: $63,457Net Assets 2023: $160,0792023Assets 2024: $293,569Liabilities 2024: $62,941Net Assets 2024: $230,6282024

Highlighted filing

2017

Assets$14,084
Liabilities-
Net Assets$14,084

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $112,508Expenses 2014: $67,630Net Income 2014: $44,8782014Revenue 2015: $105,125Expenses 2015: $101,450Net Income 2015: $3,6752015Revenue 2016: $99,155Expenses 2016: $82,943Net Income 2016: $16,2122016Revenue 2017: $67,103Expenses 2017: $117,784Net Income 2017: -$50,6812017Revenue 2018: $116,623Expenses 2018: $84,918Net Income 2018: $31,7052018Revenue 2019: $131,605Expenses 2019: $125,987Net Income 2019: $5,6182019Revenue 2020: $67,602Expenses 2020: $89,627Net Income 2020: -$22,0252020Revenue 2021: $145,684Expenses 2021: $112,715Net Income 2021: $32,9692021Revenue 2022: $159,327Expenses 2022: $119,205Net Income 2022: $40,1222022Revenue 2023: $197,243Expenses 2023: $139,635Net Income 2023: $57,6082023Revenue 2024: $295,991Expenses 2024: $225,442Net Income 2024: $70,5492024

Highlighted filing

2017

Revenue$67,103
Expenses$117,784
Net Income-$50,681
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.3
Gross Receipts
$67,103
Mission and Program Overview

Mission

Prodigy project is about bringing together the best and the brightest teen artists in storytelling (film and music)and 1)giving them very high level training with top mentors, 2)imbuing them with a sense of social responsibility for their talent, 3)sharpening their moral compass, 4)helping them find their artistic voice, and 5)building a community or a complex whole, greater than the sum of its parts. The prodigy project's mission to "influence future influencers" is continually being realized as more than 200 alumni have gone on to be accepted at the top film schools, to work on major hollywood films, to be signed by major record labels, and to create more authentic media that influences thousands worldwide.

Program Services

DescriptionGrantsExpenses
PRODIGY CAMP: THE PRODIGY CAMP IS A WEEK-LONG INTENSIVE CAMP FOR THE MOST PROMISING YOUNG FILMMAKERS AND SONGWRITERS FROM AROUND THE WORLD BETWEEN THE AGES OF 12 AND 18. THE CAMP CREATES A SPACE DEDICATED TO HELPING ASPIRING YOUNG ARTISTS EXPLORE AND DEVELOP THE ART OF STORYTELLING THROUGH FILMMAKING AND SONGWRITING. FILMMAKERS AND MUSICIANS ALIKE HONE IN ON THE FUNDAMENTALS OF THEIR ART, ABSORB HOURS OF MENTORING AND INSTRUCTION, DEVELOP NEW SCRIPTS AND SONGS, AND DIVE DEEP INTO UNDERSTANDING THEIR OWN PERSONAL STORY AND JOURNEY. AT THE END OF THE WEEK, THE FILM STUDENTS ARE FACED WITH THE CHALLENGE OF EXECUTING ALL THEIR NEWLY FORMED AND FINE-TUNED SKILLS BY SHOOTING THEIR OWN SHORT FILM, WHILE THE SONGWRITERS ARE GIVEN THE OPPORTUNITY TO PROFESSIONALLY RECORD ONE OF THEIR NEWLY WRITTEN SONGS. THIS PROGRAM IS INTENDED TO PROVIDE GIFTED INDIVIDUALS WITH THE PROFESSIONAL, EMOTIONAL, AND MORAL TOOLS TO MAKE A POSITIVE IMPACT ON THE WORLD AND TO SUPPORT THEIR ARTISTIC AND EMOTIONAL DEVELOPMENT.-$79,873
PRODIGY ALUMNI CONTINUING EDUCATION: IN ADDITION TO THE CAMP, INDIVIDUALS WILL ALSO BE ELIGIBLE TO PARTICIPATE IN PRODIGY ALUMNI CONTINUING EDUCATION IF THEY HAVE PARTICIPATED IN PREVIOUS PRODIGY/PRODUCTION CAMPS. THESE ACTIVITIES INCLUDE FILM SCREENINGS, CRITIQUES, ACTING CLASSES, SONGWRITING WORKSHOPS, PERSONAL STORY "CAMPFIRES", ALUMNI NETWORKING DINNERS, AND REAL-WORLD EDITING EXPERIENCE PROJECTS. THESE ACTIVITIES ARE CONDUCTED AS FUNDS AND VOLUNTEER STAFF ARE AVAILABLE TO FACILITATE. PRODIGY ALUMNI CONTINUING EDUCATION IS INTENDED TO FOSTER POST-CAMP COMMUNITY AND SUPPORT AND TO CONTINUE TO HELP STUDENTS DEVELOP THEIR SKILLS AS STORYTELLERS. THE ORGANIZATION CURRENTLY OFFERS THESE ACTIVITIES AND EVENTS FREE OF CHARGE TO ALL CAMP ALUMNI.-$2,334
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD STEVENSONPresidentPT$18,000-$18,000
MAXIMILIAN LOSEESecretary/TrPT$9,000-$9,000
NED HOSFORDVice Preside-$2,000-$2,000
BRUCE HOSFORDBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Prodigy Project
EIN
46-3642012
Address
19117 RICHMOND BEACH DRIVE NW, SEATTLE, WA 98177

Signing Officer

Name
Maximilian Losee
Title
Secretary/treasurer
Signed
2018-05-09
Discuss with paid preparer
Yes

Preparer

Firm
The Hagen Firm Pllc
Address
110 THIRD AVENUE NORTH SUITE 201, EDMONDS, WA 98020
Preparer
Mary a Jones
Phone
4257715556
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 241 docusign fees 462 verizon internet 125 travel 4,227 insurance 941 food 9,954 meals & entertainment 467 supplies & equipment 18,533 online fees 3,702 irs fees 850 bank fees 64 business license 16 washington revenue taxes 1,292 non-investment depreciation 2,799 total 43,673

Form 990-ez, Part II, Line 24

Macbook pro computer 0 2,799 less accumulated depreciation 0 2,799 total 0 0

Form 990-ez, Part III

Prodigy project is about bringing together the best and the brightest teen artists in storytelling (film and music)and 1)giving them very high level training with top mentors, 2)imbuing them with a sense of social responsibility for their talent, 3)sharpening their moral compass, 4)helping them find their artistic voice, and 5)building a community or a complex whole, greater than the sum of its parts. The prodigy project's mission to "influence future influencers" is continually being realized as more than 200 alumni have gone on to be accepted at the top film schools, to work on major hollywood films, to be signed by major record labels, and to create more authentic media that influences thousands worldwide.

Form 990-ez, Part III, Line 28

Prodigy camp: the prodigy camp is a week-long intensive camp for the most promising young filmmakers and songwriters from around the world between the ages of 12 and 18. The camp creates a space dedicated to helping aspiring young artists explore and develop the art of storytelling through filmmaking and songwriting. Filmmakers and musicians alike hone in on the fundamentals of their art, absorb hours of mentoring and instruction, develop new scripts and songs, and dive deep into understanding their own personal story and journey. At the end of the week, the film students are faced with the challenge of executing all their newly formed and fine-tuned skills by shooting their own short film, while the songwriters are given the opportunity to professionally record one of their newly written songs. This program is intended to provide gifted individuals with the professional, emotional, and moral tools to make a positive impact on the world and to support their artistic and emotional development.

Form 990-ez, Part III, Line 29

Prodigy alumni continuing education: in addition to the camp, individuals will also be eligible to participate in prodigy alumni continuing education if they have participated in previous prodigy/production camps. These activities include film screenings, critiques, acting classes, songwriting workshops, personal story "campfires", alumni networking dinners, and real-world editing experience projects. These activities are conducted as funds and volunteer staff are available to facilitate. Prodigy alumni continuing education is intended to foster post-camp community and support and to continue to help students develop their skills as storytellers. The organization currently offers these activities and events free of charge to all camp alumni.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRODIGY PROJECT IS ABOUT BRINGING TOGETHER THE BEST AND THE BRIGHTEST TEEN ARTISTS IN STORYTELLING (FILM AND MUSIC)AND 1)GIVING THEM VERY HIGH LEVEL TRAINING WITH TOP MENTORS, 2)IMBUING THEM WITH A SENSE OF SOCIAL RESPONSIBILITY FOR THEIR TALENT, 3)SHARPENING THEIR MORAL COMPASS, 4)HELPING THEM FIND THEIR ARTISTIC VOICE, AND 5)BUILDING A COMMUNITY OR A COMPLEX WHOLE, GREATER THAN THE SUM OF ITS PARTS. THE PRODIGY PROJECT'S MISSION TO "INFLUENCE FUTURE INFLUENCERS" IS CONTINUALLY BEING REALIZED AS MORE THAN 200 ALUMNI HAVE GONE ON TO BE ACCEPTED AT THE TOP FILM SCHOOLS, TO WORK ON MAJOR HOLLYWOOD FILMS, TO BE SIGNED BY MAJOR RECORD LABELS, AND TO CREATE MORE AUTHENTIC MEDIA THAT INFLUENCES THOUSANDS WORLDWIDE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRODIGY CAMP: THE PRODIGY CAMP IS A WEEK-LONG INTENSIVE CAMP FOR THE MOST PROMISING YOUNG FILMMAKERS AND SONGWRITERS FROM AROUND THE WORLD BETWEEN THE AGES OF 12 AND 18. THE CAMP CREATES A SPACE DEDICATED TO HELPING ASPIRING YOUNG ARTISTS EXPLORE AND DEVELOP THE ART OF STORYTELLING THROUGH FILMMAKING AND SONGWRITING. FILMMAKERS AND MUSICIANS ALIKE HONE IN ON THE FUNDAMENTALS OF THEIR ART, ABSORB HOURS OF MENTORING AND INSTRUCTION, DEVELOP NEW SCRIPTS AND SONGS, AND DIVE DEEP INTO UNDERSTANDING THEIR OWN PERSONAL STORY AND JOURNEY. AT THE END OF THE WEEK, THE FILM STUDENTS ARE FACED WITH THE CHALLENGE OF EXECUTING ALL THEIR NEWLY FORMED AND FINE-TUNED SKILLS BY SHOOTING THEIR OWN SHORT FILM, WHILE THE SONGWRITERS ARE GIVEN THE OPPORTUNITY TO PROFESSIONALLY RECORD ONE OF THEIR NEWLY WRITTEN SONGS. THIS PROGRAM IS INTENDED TO PROVIDE GIFTED INDIVIDUALS WITH THE PROFESSIONAL, EMOTIONAL, AND MORAL TOOLS TO MAKE A POSITIVE IMPACT ON THE WORLD AND TO SUPPORT THEIR ARTISTIC AND EMOTIONAL DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRODIGY ALUMNI CONTINUING EDUCATION: IN ADDITION TO THE CAMP, INDIVIDUALS WILL ALSO BE ELIGIBLE TO PARTICIPATE IN PRODIGY ALUMNI CONTINUING EDUCATION IF THEY HAVE PARTICIPATED IN PREVIOUS PRODIGY/PRODUCTION CAMPS. THESE ACTIVITIES INCLUDE FILM SCREENINGS, CRITIQUES, ACTING CLASSES, SONGWRITING WORKSHOPS, PERSONAL STORY "CAMPFIRES", ALUMNI NETWORKING DINNERS, AND REAL-WORLD EDITING EXPERIENCE PROJECTS. THESE ACTIVITIES ARE CONDUCTED AS FUNDS AND VOLUNTEER STAFF ARE AVAILABLE TO FACILITATE. PRODIGY ALUMNI CONTINUING EDUCATION IS INTENDED TO FOSTER POST-CAMP COMMUNITY AND SUPPORT AND TO CONTINUE TO HELP STUDENTS DEVELOP THEIR SKILLS AS STORYTELLERS. THE ORGANIZATION CURRENTLY OFFERS THESE ACTIVITIES AND EVENTS FREE OF CHARGE TO ALL CAMP ALUMNI.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911942431
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE HAGEN FIRM PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 THIRD AVENUE NORTH SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EDMONDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098020
ReturnHeader/PreparerPersonGrp/PhoneNum04257715556
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY A JONES
ReturnHeader/ReturnTs02018-05-09T15:29:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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