Prodigal Son Initiative Inc
"The Prodigal Son Initiative, Inc. (PSI) is committed to strengthening and building up our communities by giving our youth, and future leaders, the positive tools and knowledge they will need to succeed."
Prodigal Son Initiative Inc.
The Prodigal Son Initiative Inc. is a U.S. nonprofit organization headquartered in Denver, Colorado, and registered under the Employer Identification Number (EIN) 202663715. The organization focuses on serving at-risk youth by providing them with activities, mentoring, and positive tools necessary for success. It also collaborates with community leaders to foster positive environments and alternatives to crime for young individuals in the Denver area.
Background
Founded by Terrance Roberts, who himself experienced involvement in gangs and personal hardships, the Prodigal Son Initiative aims to offer a better path for children in disadvantaged communities. Roberts was motivated by his personal experiences, having been shot and served time in jail, to create opportunities for kids to avoid the pitfalls of gang life.
Programs and Impact
The initiative supports teenagers through after-school programs, mentoring, and recreational activities. It has been instrumental in transforming a community space near the old Holly Square Shopping Center, which was once a site of gang violence, into a basketball court and safe haven for children. This transformation not only provides a positive outlet but also symbolizes community healing and crime prevention.
Financial Overview
Historically, the organization has faced financial challenges. By 2013, it reported revenues of $180,000 and expenses of $197,000, leading to concerns about sustainability. Additionally, the initiative had total assets of $149,000 and liabilities of $61,600 as of 2013. At one point, the organization was at risk of closing its after-school program due to insufficient funding, highlighting the ongoing need for financial support to continue its mission.
Mission
The Prodigal Son Initiative's core mission is to empower vulnerable youth by equipping them with the resources and guidance necessary to succeed and avoid a life of crime. Through community engagement and support, the organization seeks to create lasting positive change in Denver's neighborhoods.
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