Prodigy Ventures Inc
The word ‘prodigy’ means: A young person endowed with exceptional abilities. Prodigy Ventures was crafted by a team of educators on the conviction that the city’s next great contributors are already here: the young adults disconnected from our institutions. These are the city’s unlikely prodigies. Prodigy Coffeehouse is a high-standards social enterprise offering year-long apprenticeships to low-income & disconnected young adults from Denver. Mission: Through apprenticeship apprentices develop mindsets and skills for sustainable careers, economic mobility and, most importantly, to go forth and enrich their city.
Prodigy Ventures Inc
Prodigy Ventures Inc is a U.S. nonprofit organization registered as a 501(c)(3) entity with the EIN 47-2745285. It is headquartered in Denver, Colorado, and operates as a network of social enterprises focusing on providing apprenticeships to low-income young adults.
Mission and Activities
The mission of Prodigy Ventures Inc is to empower young adults from underserved communities through professional development and hands-on learning experiences. This is achieved by offering high-quality apprenticeships, particularly in enterprises like their flagship Prodigy Coffeehouse, which was established in 2016 in the Northeast Denver communities of Globeville-Elyria-Swansea. The organization's model is inspired by Homeboy Industries in Los Angeles and aims to help apprentices secure meaningful and sustainable employment, thereby promoting economic mobility.
In recent years, Prodigy Ventures Inc has demonstrated significant impact by training numerous young adults in transferable workplace skills, with many participants earning industry-recognized certifications and experiencing increased earning outcomes. For instance, in 2022, 33 youths were trained, with 22 serving as apprentices and earning an average hourly wage of $19.50. The organization also offers wellness services and has promoted some participants into leadership roles.
Financial Overview and Governance
Prodigy Ventures Inc relies primarily on contributions for its revenue, with a significant portion coming from donations. The organization maintains strong financial management, as evidenced by its 96% rating from Charity Navigator, reflecting strong governance practices and transparency. The board of directors is fully independent, ensuring effective oversight of financial statements and policies.
The financial data indicates that contributions form a major part of the organization's revenue, while program services and other income contribute smaller percentages. In recent years, the organization's assets have grown significantly, indicating its expanding operations and financial stability.
Impact and Recognition
Prodigy Ventures Inc is recognized for its commitment to equity strategies, focusing on inclusivity and diversity within its operational framework. This commitment is reflected in its community impact and the positive outcomes for the young adults it serves. The organization's model is explored as a national model due to its innovative approach, combining instructional strategies and cognitive psychology to support youth development.
Overall, Prodigy Ventures Inc plays a vital role in empowering low-income young adults in Denver by providing them with essential skills, social capital, and economic opportunities, contributing to the local community's wealth and vibrancy.
Edit WikiFounded
2015
Web
Sign in to see organisation website
Address
Denver
Prodigy Ventures
From Social media
News about from their social media (Facebook and X).
Data about organisation
Denver
Organisations from Prodigy Ventures Inc
1. HIGHLANDS UNITED METHODIST CHURCH
The United Methodist Church is a worldwide connection of close to 10 million members in over 100 countries including Africa, Asia, Europe and the United States.
2. Denver Metro Convention & Visitors Bureau
Official Denver tourism page brought to you by VISIT DENVER, THE CONVENTION & VISITORS BUREAU.
Official Denver tourism page brought to you by VISIT DENVER, THE CONVENTION & VISITORS BUREAU.
4. Kaiser Foundation Health Plan of Colorado
One of America’s leading health care providers & nonprofit health plans.
Introducing Denver Zoo Conservation Alliance.
Similar organisations
Similar organisations to Prodigy Ventures Inc based on mission, location, activites.
Junior Achievement USA's mission is to inspire and prepare young people to succeed in a global economy.
CIRCLE is committed to promoting diversity and inclusiveness intentionally through exploring opportunities, knowledge & skills.
GlobalMindED is a 501(c)(3) innovation network that closes the equity gap through education, entrepreneurship, employment and economic mobility to create a capable, diverse talent pipeline.
THE BOYS & GIRLS CLUBS OF WELD COUNTY INC
Founded in 1964, we serve over 550 youth every day with a mission to: inspire & enable all young people, especially those who need us most, to reach their full potential as productive, responsible and caring citizens.
We connect young people to hope through long-term mentoring relationships.
Similar Organisations Worldwide
Organisations in the world similar to Prodigy Ventures Inc.
YORK ENTREPRENEURSHIP DEVELOPMENT INSTITUTE (ca)
York Entrepreneurship Development Institute: World Top 5 University-Linked Business Accelerator.
Youth Inc.
Youth Aspire Connect is a dynamic youth-led organisation that is committed to Inspiring, empowering & mentoring young people to strive for excellence, unleash their potential and build a successful career.
Interesting nearby
Interesting organisations close by to residence of Prodigy Ventures Inc
We empower children and families in rural Uganda to overcome the constraints of poverty through education and business development.
DEVELOPMENTAL FX-THE DEVELOPMENTAL & FRAGILE X RESOURCE CENTRE
Our mission is to prepare children with developmental differences for a bright future of engaged bel.
Africa Agenda, a U.
We are a Denver nonprofit supporting older adults safely find a housemate.
Join us and make a difference for the future!
Sign Up
Please fill in your information. Everything is free, we might contact you with updates (but cancel any time!)
Sign in with GoogleOr
Good News
Congratulations to Alex Miller for being recognized for the education-based approach in pelvic floor recovery—empowering individuals to strengthen their core and improve wellbeing! 🌟 #HealthMatters #Empowerment
Pelvic Floor Strong by Alex Miller Recognized for Education-Based Approach to Core and Pelvic Floor Recovery
Benzinga
Like Comment