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Prospect Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 620793411 ✦ Lebanon, TN ✦ Designated as a 501(c)(3)

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Overview

What is Prospect Inc?

Prospect Inc, situated in Lebanon, Tennessee, is a dedicated nonprofit organization with a focus on providing support services and employment opportunities for individuals facing disabilities or other barriers to personal independence. Their extensive offerings include employment assistance, residential and home support services, day programs, child development programs, and family support. With a team of 166 dedicated professionals, Prospect Inc is committed to empowering individuals to lead fulfilling and independent lives.


Official website here: www.prospectinc.com

Is Prospect Inc legitimate?

Prospect Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prospect Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,877,154

For more financial information, click here


Official website here: www.prospectinc.com

What is the mission statement of Prospect Inc?

Prospect Inc, an organization dedicated to providing support, has a mission to assist individuals with disabilities or other barriers to personal independence. This mission is manifested through various services, including employment assistance, residential and home support, day services, child development programs, family support, and other relevant initiatives. The primary goal of Prospect Inc is to empower these individuals, enabling them to live more independently and with improved quality of life.


Official website here: www.prospectinc.com

Who is the CEO of Prospect Inc?

Andy White is the Executive Director of Prospect Inc.


Official website here: www.prospectinc.com

What is the revenue of Prospect Inc?

Prospect Inc's revenue in 2022 was $4,222,641.


Official website here: www.prospectinc.com

Who are the executives of Prospect Inc and what are their salaries?

The average compensation at Prospect Inc during 2022 was $17,332. There are 166 employees at Prospect Inc.


Here are 11 key members and their salaries:


Heather Bay (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Cowan (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Wooden (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xavier Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Harper (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clancey Hopper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Hallmark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Bridges (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlese Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy White (Executive Director)
  • Compensation: $121,196
  • Related: $0
  • Other: $0
Michael Pittman (Controller)
  • Compensation: $78,114
  • Related: $0
  • Other: $0


Official website here: www.prospectinc.com

Where can I find the form 990 for Prospect Inc?

Prospect Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.prospectinc.com

Learn more at the official website: www.prospectinc.com

Mission Statement of Prospect Inc

Prospect Inc, a notable nonprofit organization, is dedicated to providing support services and employment opportunities for individuals who face challenges due to disabilities or other barriers to personal independence. The organization's primary mission is to empower these individuals, helping them lead more independent lives. To achieve this, Prospect Inc offers a comprehensive suite of services.

These services include employment assistance, providing job placement and training programs to help individuals with disabilities or other barriers gain employment and build their careers. Additionally, Prospect Inc offers residential and home support services, aiming to ensure that individuals have the necessary care and assistance they need to live independently and comfortably in their own homes. The organization also provides day services, offering a supportive environment where individuals can engage in social activities, learn new skills, and develop meaningful relationships.

Furthermore, Prospect Inc offers child development programs, focusing on the needs of young children with disabilities or other challenges. These programs are designed to help children develop essential skills, promoting their overall growth and development. Moreover, the organization provides family support, offering resources and assistance to families who have a member with disabilities or other challenges, enabling them to navigate the challenges they face more effectively.

In summary, Prospect Inc is a nonprofit organization that strives to empower individuals who have disabilities or other barriers to personal independence. Through its diverse range of services, such as employment assistance, residential and home support, day services, child development, and family support, Prospect Inc aims to provide the necessary support and opportunities to help these individuals lead more independent and fulfilling lives.

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Impact




October, 2024

Prospect Inc plays a vital role in enhancing the lives of individuals facing disabilities or other barriers to personal independence. By offering a range of support services, including employment opportunities, residential and home support, day services, child development programs, and family support initiatives, Prospect Inc fosters a more inclusive community in Lebanon, TN.

Their employment services empower individuals to gain meaningful work experience and achieve financial independence, which is essential for personal growth and self-esteem. Additionally, the residential and home support services provide essential assistance that enables clients to live more independently in their own homes.

Through day services and child development programs, Prospect Inc ensures that people of all ages have access to necessary resources that promote skill development, social interaction, and overall well-being. The organization's commitment to family support further strengthens community ties and helps families navigate the challenges they face.

Overall, Prospect Inc's impact extends beyond individual assistance; it promotes social inclusion, cultivates a sense of belonging, and enhances quality of life for those with disabilities and barriers to independence. This comprehensive support system ultimately contributes to a more equitable and compassionate society.




This information is meant to be a general summary of Prospect Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,222,641 (2022)
Expenses
$4,065,614 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,290
  • Gross Receipts: $4,222,641

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1967

Principal Officer

Andy White

Main Address

960 MADDOX SIMPSON PKWY, LEBANON, TN, 37090

NTEE Category

Code: P820 - Human services

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