Prison Entrepreneurship Program
- Assets
- $6.1m
- Revenue
- $3.5m
- Investments
- $13.1k
- Employees
- 34
- Location
- Houston, TX
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 20-1384253
Organization Overview
Prison Entrepreneurship Program, operating under the name Pep, is located in Houston, TX. The organization was established in 2005. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Pep employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pep is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Pep generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE EXECUTIVES AND INMATES THROUGH ENTREPRENEURIAL PASSION AND SERVANT LEADERSHIP TO TRANSFORM LIVES, RESTORE FAMILIES AND REBUILD COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRISON ENTREPRENEURSHIP PROGRAM ENGAGES TOP BUSINESS AND ACADEMIC TALENT TO CONSTRUCTIVELY REDIRECT INMATES' AMBITIONS BY EQUIPPING THEM WITH VALUES BASED TRAINING IN ENTREPRENEURSHIP; THUS ENABLING THEM TO PRODUCTIVELY RE- ENTER SOCIETY. THIS INCLUDES A FIVE MONTH BUSINESS PLAN COMPETITION IN PRISON AND A RANGE OF POST-RELEASE PROGRAMS, INCLUDING HOUSING ASSISTANCE, WORK READINESS SERVICES, CONTINUING EDUCATION, EXECUTIVE MENTORING AND BUSINESS START UP ASSISTANCE. DURING THE CURRENT YEAR, 1,022 INDIVIDUALS PARTICIPATED IN THE PROGRAM IN HOUSTON, DALLAS, CLEVELAND, AND VENUS TEXAS.
OPERATION OF HOUSTON CALEB HOUSE, LLC, WHICH OWNS AND OPERATES PROPERTY TO BE USED AS RELIABLE HOUSING AVAILABLE TO EX-OFFENDERS UPON THEIR RELEASE. DURING THE YEAR, 122 INDIVIDUALS WERE PROVIDED HOUSING.
OPERATION OF ENTRE CAPITAL, LLC, A PRIVATE, COMMERCIAL LENDER FOR ALUMNI OF PRISON ENTREPRENEURSHIP PROGRAM AND OTHER RE-ENTRY BUSINESSES. DURING THE YEAR, ENTRE ORIGINATED 6 LOANS TO RE-ENTRY BUSINESSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Kelley CEO | Officer | 39 | $132,292 |
Phi Tran COO | Officer | 39 | $116,023 |
Tim Hamilton CFO | Officer | 39 | $115,317 |
Edward Amaya Cdo | Officer | 39 | $39,325 |
Patrick Gotcher Chairman | Trustee | 5 | $0 |
Oliver Bell Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $430,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,924,959 |
| Noncash contributions included in lines 1a–1f | $392,116 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,355,159 |
| Total Program Service Revenue | $165,310 |
| Investment income | $4,939 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,849 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,536,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $402,957 |
| Compensation of current officers, directors, key employees. | $84,187 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $974,387 |
| Pension plan accruals and contributions | $33,024 |
| Other employee benefits | $159,277 |
| Payroll taxes | $104,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,928 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,569 |
| Advertising and promotion | $0 |
| Office expenses | $76,108 |
| Information technology | $31,157 |
| Royalties | $0 |
| Occupancy | $217,761 |
| Travel | $31,673 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,630 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,269 |
| Insurance | $37,914 |
| All other expenses | $44,397 |
| Total functional expenses | $2,536,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $675,459 |
| Savings and temporary cash investments | $2,236,032 |
| Pledges and grants receivable | $701,566 |
| Accounts receivable, net | $49,298 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $231,361 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $55,934 |
| Net Land, buildings, and equipment | $2,088,910 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $13,141 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $6,052,701 |
| Accounts payable and accrued expenses | $192,315 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $114,684 |
| Secured mortgages and notes payable | $280,860 |
| Unsecured mortgages and notes payable | $191,692 |
| Other liabilities | $1,107,433 |
| Total liabilities | $1,886,984 |
| Net assets without donor restrictions | $3,085,921 |
| Net assets with donor restrictions | $1,079,796 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,052,701 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Prison Entrepreneurship Program has recieved totaling $1,211,905.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $806,298 |
Clayton Fund Inc Texas Commerce Bank Houston, TX PURPOSE: CHARITABLE | $150,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $104,200 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $29,200 |
Austin Community Foundation Austin, TX PURPOSE: GRANT FOR GENERAL SUPPORT | $25,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: HUMAN SERVICES | $20,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Total Community Action Inc New Orleans, LA | $98,605,042 | $21,062,110 |
Community Council Of Greater Dallas Dallas, TX | $4,744,328 | $19,419,389 |
Nueces County Community Action Agency Corpus Christi, TX | $6,907,131 | $19,554,955 |
United Community Action Program Inc Pawnee, OK | $10,772,761 | $18,838,270 |
Lulac Project Amistad El Paso, TX | $13,396,414 | $20,646,890 |
Youth And Family Alliance Austin, TX | $17,411,303 | $18,334,235 |
Community Action Agency Of Ok City & Ok Canadian Counties Inc Okc, OK | $7,076,135 | $17,912,554 |
Economic Opportunities Advancement Corporation Of Planning Region Xi Waco, TX | $7,841,884 | $18,666,042 |
Arkansas Early Learning Inc Jonesboro, AR | $12,519,715 | $17,680,686 |
Big Five Community Services Inc Durant, OK | $12,347,730 | $17,649,703 |
High Plains Christian Ministries Foundation Amarillo, TX | $595,357,596 | $31,544,091 |
Community Services Office Of Hot Springs And Garland County Arkansa Hot Springs, AR | $3,711,408 | $16,980,162 |