Civic Intelligence

Prodigy Ventures Inc.

990 • Fiscal year 2023 • EIN 47-2745285

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 23, 2024

Organization ProfileWWW.PRODIGYVENTURES.ORG

View Organization Page

3801 East 40th AveDenver, CO 80205

(720) 785-0680

Siviq Scores

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

Liabilities / Assets

77th percentile

0.35x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.44x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

9th percentile

-39%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

60th percentile

$82,923

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

5th percentile

-25%

Faster asset growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-28%

Faster revenue growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$1,616,187

Down $552,597 (-25%) from 2022

Net Assets

Down

$1,056,177

Down $488,318 (-32%) from 2022

Liabilities

Down

$560,010

Down $64,279 (-10%) from 2022

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin9th percentile

Revenue

Down

$1,262,109

Down $483,983 (-28%) from 2022

Expenses

Up

$1,750,427

Up $498,233 (+40%) from 2022

Net Income

Down

-$488,318

Down $982,216 (-199%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$3.0M$2.0M$1.0M$0Assets 2016: $163,709Liabilities 2016: $65,915Net Assets 2016: $97,7942016Assets 2017: $187,048Liabilities 2017: $34,569Net Assets 2017: $152,4792017Assets 2018: $274,082Liabilities 2018: $62,254Net Assets 2018: $211,8282018Assets 2019: $285,255Liabilities 2019: $64,519Net Assets 2019: $220,7362019Assets 2020: $580,984Liabilities 2020: $235,504Net Assets 2020: $345,4802020Assets 2021: $1,260,962Liabilities 2021: $210,365Net Assets 2021: $1,050,5972021Assets 2022: $2,168,784Liabilities 2022: $624,289Net Assets 2022: $1,544,4952022Assets 2023: $1,616,187Liabilities 2023: $560,010Net Assets 2023: $1,056,1772023Assets 2024: $2,001,132Liabilities 2024: $555,192Net Assets 2024: $1,445,9402024

Highlighted filing

2023

Assets$1,616,187
Liabilities$560,010
Net Assets$1,056,177
Open 2023 Filing

Operations Trend

Revenue Growth13th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $297,678Expenses 2016: $240,147Net Income 2016: $57,5312016Revenue 2017: $560,522Expenses 2017: $479,731Net Income 2017: $80,7912017Revenue 2018: $783,751Expenses 2018: $682,287Net Income 2018: $101,4642018Revenue 2019: $750,220Expenses 2019: $741,312Net Income 2019: $8,9082019Revenue 2020: $896,225Expenses 2020: $771,481Net Income 2020: $124,7442020Revenue 2021: $1,223,792Expenses 2021: $806,085Net Income 2021: $417,7072021Revenue 2022: $1,746,092Expenses 2022: $1,252,194Net Income 2022: $493,8982022Revenue 2023: $1,262,109Expenses 2023: $1,750,427Net Income 2023: -$488,3182023Revenue 2024: $2,009,875Expenses 2024: $1,620,112Net Income 2024: $389,7632024

Highlighted filing

2023

Revenue$1,262,109
Expenses$1,750,427
Net Income-$488,318
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 23, 2024
Return Version
2023v5.1
Gross Receipts
$1,566,734
Mission and Program Overview

Mission

Through high caliber professional development and hands-on learning in a prodigy enterprise, youth from low-income communities in denver build skills, social capital, and understanding for success in the new economy. This in turn builds wealth in the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$647,028$599,334▼ $47,694
Cash and Non-Interest-Bearing Accounts$746,324$250,010▼ $496,314
Savings and Temporary Cash Investments-$151,010-
Pledges and Grants Receivable$212,033$91,600▼ $120,433
Prepaid Expenses and Deferred Charges$14,515$21,041▲ $6,526
Inventories for Sale or Use$19,204$13,220▼ $5,984
Total Assets$2,168,784$1,616,187▼ $552,597
Other Assets Total$529,680$489,972▼ $39,708
Liabilities
Other Liabilities$529,463$498,651▼ $30,812
Accounts Payable and Accrued Expenses$94,826$61,359▼ $33,467
Total Liabilities$624,289$560,010▼ $64,279
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,426,780$998,236▼ $428,544
Net Assets With Donor Restrictions$117,715$57,941▼ $59,774
Total Net Assets Fund Balance$1,544,495$1,056,177▼ $488,318
Total Liabilities and Net Assets / Fund Balance$2,168,784$1,616,187▼ $552,597

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$491,801$130,577$622,378
Equipment$107,533$62,172$169,705
Other Assets Org$478,840--
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeslin ShahrezaeiExecutive DirectorFT$82,923$82,923

Board Members and Trustees

NameTitle
Paula GallegosChair
Tawnya RamirezTreasurer and Vice Chair
Angela GarciaDirector
Derrick KelseyDirector
Heather LaffertyDirector
Mark TapyDirector
Sonia SisnerosDirector
Stacy Ellwell-chalmersDirector
Sumaya VanderhortsDirector
Tanner SandovolSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$932,189
Program Service Revenue
$2,024
Investment Income
$1,080
Other Revenue
$326,816
All Other Contributions
$688,104
Change in Net Assets
$-488,318

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,262,109
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,262,109
Total Revenue per Form 990
$1,262,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,122,672
Other Expenses$627,755
Total Fundraising Expense$57,282
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$824,921$48,068$28,264$901,253
Occupancy$193,654$44,984-$238,638
Fees for Services Other$61,338$48,384-$109,722
Payroll Taxes$88,175$6,951$4,220$99,346
Current Officers, Directors, Trustees, and Key Employees$41,462$24,877$16,584$82,923
Depreciation Depletion$64,373$16,093-$80,466
Fees for Services Accounting-$64,758-$64,758
Other Employee Benefits$24,791$3,847$2,336$30,974
Office Expenses$10,565$15,211$323$26,099
Insurance$15,037$3,348$489$18,874
Travel$14,099$3,425-$17,524
Information Technology$3,132$6,773$503$10,408
Advertising$5,169$3,500-$8,669
Pension Plan Contributions$7,257$572$347$8,176
Other Expenses$21,706-$4,216$4,216
Total Functional Expenses$1,402,354$290,791$57,282$1,750,427

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,750,427
Total Expenses per Audited Statements$1,750,427
Total Expenses per Form 990$1,750,427
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$498,651
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board of directors receives a copy prior to filing and the board chair approves prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Anyone who may potentially have a conflict of interest is encouraged to come forward and disclose such information.”

Form 990, Part VI, Section B, Line 15A

“The board of directors reviews the executive director's performance annually and reviews executive director salaries at comparable organizations to determine compensation.”

Form 990, Part VI, Section C, Line 18

“The organization makes its documents available for public inspection upon request as well as publishing on guidestar's website.”

Form 990, Part VI, Section C, Line 19

“The organization makes its documents available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Prodigy Ventures Inc
EIN
47-2745285
Phone
7207850680
Address
3801 EAST 40TH AVE, DENVER, CO 80205

Signing Officer

Name
Jeslin Shahrezaei
Title
Executive Director
Phone
7207850680
Signed
2024-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeslin Shahrezaei
Formed
2015
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
58
Volunteers
0

Preparer

Firm
Crady Puca & Associates
Address
6140 S GUN CLUB RD STE K6-281, AURORA, CO 80016
Preparer
Laura M Puca
Phone
7203189964
Supplemental Narrative

Additional Explanations

Form 990, Part XII,line 2C

“The board assumes oversight responsibility for the audit and selection of the auditor.”

Financial Statement Notes

PART X, LINE 2:

“No provision for income taxes is provided as prodigy is exempt under section 501(c)(3) of the internal revenue code and the colorado income tax act of 1964. As a charitable organization, only unrelated business income, as defined by section 509(a)(2) of the internal revenue code, is subject to federal income tax. Prodigy had no unrelated business income tax liability at december 31, 2023. Prodigy has evaluated its tax positions for all open tax years. Currently the years open for tax authority examination are 2020 through 2022 by the internal revenue service. However, prodigy is not currently under audit nor has it been contacted by this taxing authority. Based on the evaluation of prodigy's tax positions, management believes all tax positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions have been recorded for the year ended december 31, 2023.”

Raw XML AppendixShowing 400 of 473 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt094826
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt061359
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THROUGH HIGH CALIBER PROFESSIONAL DEVELOPMENT AND HANDS-ON LEARNING IN A PRODIGY ENTERPRISE, YOUTH FROM LOW-INCOME COMMUNITIES IN DENVER BUILD SKILLS, SOCIAL CAPITAL, AND UNDERSTANDING FOR SUCCESS IN THE NEW ECONOMY. THIS IN TURN BUILDS WEALTH IN THE LOCAL COMMUNITY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03500
IRS990/AdvertisingGrp/ProgramServicesAmt05169
IRS990/AdvertisingGrp/TotalAmt08669
IRS990/AllOtherContributionsAmt0688104
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07207850680
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03801 EAST 40TH AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0DENVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080205
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0746324
IRS990/CashNonInterestBearingGrp/EOYAmt0250010
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt016584
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt024877
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt041462
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt082923
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt0304625
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0932189
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01080
IRS990/CYOtherExpensesAmt0627755
IRS990/CYOtherRevenueAmt0326816
IRS990/CYProgramServiceRevenueAmt02024
IRS990/CYRevenuesLessExpensesAmt0-488318
IRS990/CYSalariesCompEmpBnftPaidAmt01122672
IRS990/CYTotalExpensesAmt01750427
IRS990/CYTotalFundraisingExpenseAmt057282
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01262109
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016093
IRS990/DepreciationDepletionGrp/ProgramServicesAmt064373
IRS990/DepreciationDepletionGrp/TotalAmt080466
IRS990/Desc0IN 2023, 54 YOUNG ADULTS WERE TRAINED IN TRANSFERABLE WORKPLACE SKILLS, 22 WERE INVITED INTO A 12 MONTH APPRENTICESHIP, EARNING $21.50/HOUR (INCLUDING WAGES AND TIPS); OVER 32,500 HOURS OF WORKFORCE SKILL BUILDING WERE PROVIDED. 94 INDUSTRY-RECOGNIZED CERTIFICATES WERE RECEIVED PROVIDING 100% OF APPRENTICES WITH INCREASED EARNING POWER OUTSIDE OF PRODIGY. SUPPORTIVE SERVICES WERE ACCESSED BY 60% OF PROGRAM PARTICIPANTS INCLUDING ACCESS TO FREE MENTAL HEALTH COUNSELING.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0117715
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt057941
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt058
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01402354
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt064758
IRS990/FeesForServicesAccountingGrp/TotalAmt064758
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt048384
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt061338
IRS990/FeesForServicesOtherGrp/TotalAmt0109722
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0PAULA GALLEGOS
IRS990/Form990PartVIISectionAGrp/PersonNm1TAWNYA RAMIREZ
IRS990/Form990PartVIISectionAGrp/PersonNm2SUMAYA VANDERHORTS
IRS990/Form990PartVIISectionAGrp/PersonNm3TANNER SANDOVOL
IRS990/Form990PartVIISectionAGrp/PersonNm4HEATHER LAFFERTY
IRS990/Form990PartVIISectionAGrp/PersonNm5DERRICK KELSEY
IRS990/Form990PartVIISectionAGrp/PersonNm6SONIA SISNEROS
IRS990/Form990PartVIISectionAGrp/PersonNm7ANGELA GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm8STACY ELLWELL-CHALMERS
IRS990/Form990PartVIISectionAGrp/PersonNm9MARK TAPY
IRS990/Form990PartVIISectionAGrp/PersonNm10JESLIN SHAHREZAEI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1082923
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER AND VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0244085
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01566734
IRS990/GrossSalesOfInventoryAmt0631441
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0503
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06773
IRS990/InformationTechnologyGrp/ProgramServicesAmt03132
IRS990/InformationTechnologyGrp/TotalAmt010408
IRS990/InsuranceGrp/FundraisingAmt0489
IRS990/InsuranceGrp/ManagementAndGeneralAmt03348
IRS990/InsuranceGrp/ProgramServicesAmt015037
IRS990/InsuranceGrp/TotalAmt018874
IRS990/InventoriesForSaleOrUseGrp/BOYAmt019204
IRS990/InventoriesForSaleOrUseGrp/EOYAmt013220
IRS990/InvestmentIncomeGrp/ExclusionAmt01080
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01080
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0192749
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0647028
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0599334
IRS990/LandBldgEquipCostOrOtherBssAmt0792083
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THROUGH HIGH CALIBER PROFESSIONAL DEVELOPMENT AND HANDS-ON LEARNING IN A PRODIGY ENTERPRISE, YOUTH FROM LOW-INCOME COMMUNITIES IN DENVER BUILD SKILLS, SOCIAL CAPITAL, AND UNDERSTANDING FOR SUCCESS IN THE NEW ECONOMY. THIS IN TURN BUILDS WEALTH IN THE LOCAL COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01544495
IRS990/NetAssetsOrFundBalancesEOYAmt01056177
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0326816
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0326816
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01426780
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0998236
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt044984
IRS990/OccupancyGrp/ProgramServicesAmt0193654
IRS990/OccupancyGrp/TotalAmt0238638
IRS990/OfficeExpensesGrp/FundraisingAmt0323
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015211
IRS990/OfficeExpensesGrp/ProgramServicesAmt010565
IRS990/OfficeExpensesGrp/TotalAmt026099
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0529680
IRS990/OtherAssetsTotalGrp/EOYAmt0489972
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02336
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03847
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024791
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030974
IRS990/OtherExpensesGrp/Desc0CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc1TRAINING & PROF DEVELOP
IRS990/OtherExpensesGrp/Desc2DONOR CULTIV & APPREC
IRS990/OtherExpensesGrp/FundraisingAmt04216
IRS990/OtherExpensesGrp/ProgramServicesAmt026675
IRS990/OtherExpensesGrp/ProgramServicesAmt121706
IRS990/OtherExpensesGrp/TotalAmt026675
IRS990/OtherExpensesGrp/TotalAmt121706
IRS990/OtherExpensesGrp/TotalAmt24216
IRS990/OtherLiabilitiesGrp/BOYAmt0529463
IRS990/OtherLiabilitiesGrp/EOYAmt0498651
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt028264
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt048068
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0824921
IRS990/OtherSalariesAndWagesGrp/TotalAmt0901253
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04220
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06951
IRS990/PayrollTaxesGrp/ProgramServicesAmt088175
IRS990/PayrollTaxesGrp/TotalAmt099346
IRS990/PensionPlanContributionsGrp/FundraisingAmt0347
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0572
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07257
IRS990/PensionPlanContributionsGrp/TotalAmt08176
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0212033
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt091600
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014515
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021041
IRS990/PrincipalOfficerNm0JESLIN SHAHREZAEI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02024
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02024
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01497009
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0462553
IRS990/PYOtherRevenueAmt0244922
IRS990/PYProgramServiceRevenueAmt04161
IRS990/PYRevenuesLessExpensesAmt0493898
IRS990/PYSalariesCompEmpBnftPaidAmt0789641
IRS990/PYTotalExpensesAmt01252194
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01746092
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-488318
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0328840
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0151010
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0932189
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01497009
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01056499
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0693377
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0410578
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04589652
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01080
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0633465
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0459347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0317222
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0202848
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0339642
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01952524
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01080
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01080
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt06542176
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01565654
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01956356
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01373721
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0896225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0750220
IRS990ScheduleA/Total509Grp/TotalAmt06542176
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01566734
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01956356
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01373721
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0896225
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0750220
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06543256
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0107533
IRS990ScheduleD/EquipmentGrp/DepreciationAmt062172
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0169705
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01750427
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0491801
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0130577
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0622378
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011132
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1478840
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE ASSETS - OPERATING LEASE, NET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0498651
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01262109
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO PROVISION FOR INCOME TAXES IS PROVIDED AS PRODIGY IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE COLORADO INCOME TAX ACT OF 1964. AS A CHARITABLE ORGANIZATION, ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE, IS SUBJECT TO FEDERAL INCOME TAX. PRODIGY HAD NO UNRELATED BUSINESS INCOME TAX LIABILITY AT DECEMBER 31, 2023. PRODIGY HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY THE YEARS OPEN FOR TAX AUTHORITY EXAMINATION ARE 2020 THROUGH 2022 BY THE INTERNAL REVENUE SERVICE. HOWEVER, PRODIGY IS NOT CURRENTLY UNDER AUDIT NOR HAS IT BEEN CONTACTED BY THIS TAXING AUTHORITY. BASED ON THE EVALUATION OF PRODIGY'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0599334
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0489972
IRS990ScheduleD/TotalExpensesPerForm990Amt01750427
IRS990ScheduleD/TotalLiabilityAmt0498651
IRS990ScheduleD/TotalRevenuePerForm990Amt01262109
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01262109
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01750427
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS RECEIVES A COPY PRIOR TO FILING AND THE BOARD CHAIR APPROVES PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANYONE WHO MAY POTENTIALLY HAVE A CONFLICT OF INTEREST IS ENCOURAGED TO COME FORWARD AND DISCLOSE SUCH INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE ANNUALLY AND REVIEWS EXECUTIVE DIRECTOR SALARIES AT COMPARABLE ORGANIZATIONS TO DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AS WELL AS PUBLISHING ON GUIDESTAR'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD ASSUMES OVERSIGHT RESPONSIBILITY FOR THE AUDIT AND SELECTION OF THE AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII,LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02168784

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,616,187
Liabilities
$560,010
Net assets
$1,056,177
Revenue
$1,262,109
Expenses
$1,750,427
Net income
-$488,318
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.00$0.56$1.45$2.01$1.62$0.39
2023Detailed filing. Detailed filing data is available for this year.$1.62$0.56$1.06$1.26$1.75$0.49
2022Detailed filing. Detailed filing data is available for this year.$2.17$0.62$1.54$1.75$1.25$0.49
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.21$1.05$1.22$0.81$0.42
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.24$0.35$0.90$0.77$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.06$0.22$0.75$0.74$0.01
2018Summary only. Only limited summary data is available for this year.$0.27$0.06$0.21$0.78$0.68$0.10
2017Summary only. Only limited summary data is available for this year.$0.19$0.03$0.15$0.56$0.48$0.08
2016Summary only. Only limited summary data is available for this year.$0.16$0.07$0.10$0.30$0.24$0.06