EIN 82-1629344

Prospera North Carolina LLC

IRS 501(c) type
501(c)(3)
Num. employees
6
State
Year formed
2017
Most recent tax filings
2022-09-01
Description
Prospera North Carolina LLC empowers Hispanic entrepreneurs in North Carolina to strengthen the economy through quality business development and training. Orientation sessions and a Hispanic business workshop series offer critical decision-making training, while one-on-one consulting assesses business viability and advises on general business practices, finances, licenses, and more.
Related structure
Prospera North Carolina LLC is a subordinate organization under Hispanic Business Initiative Fund.
Total revenues
$488,135
2022
Total expenses
$569,992
2022
Total assets
$750,207
2022
Num. employees
6
2022

Program areas at Prospera North Carolina LLC

One-on-one consulting: Prospera's staff meet with business owners to assess the viability of the business idea and the job creation potential of the business venture. In-house staff advise clients as to the general business practices, financials, licenses/permits, and access to capital, among others. In-house consulting is provided bilingual and free of charge to the business owner. Prospera assisted 282 business owners across the state of North Carolina.
Grant programs awarded grants to 29 businesses.
Educational assistance: orientation sessions provide basic information about how to start a business. The hispanic business workshop series offers training on specific topics that assist entrepreneurs in making critical decisions to achieve success. Prospera had over 553 attendees to the educational sessions offered in spanish and free of charge. Creation, quickbooks training, and loan application preparation. Prospera awarded entrepreneurial grants to 553 businesses.

Who funds Prospera North Carolina LLC

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of Western Pennsylvania and Eastern OhioProgram Support$12,000

Personnel at Prospera North Carolina LLC

NameTitleCompensation
Augusto SanabriaPresident and Chief Executive Officer Administrative Offices$0
Luis OteroChief Financial Officer
Erick IsaacVice President - Development
Fabian YepezRegional Vice President
Jose David AlvarezVice President
...and 5 more key personnel

Financials for Prospera North Carolina LLC

RevenuesFYE 09/2022
Total grants, contributions, etc.$486,702
Program services$0
Investment income and dividends$1,433
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$488,135

Form 990s for Prospera North Carolina LLC

Fiscal year endingDate received by IRSFormPDF link
2021-092022-08-12990View PDF
2020-092021-07-19990View PDF
2019-092021-09-23990View PDF

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Data update history
June 27, 2023
Updated personnel
Identified 1 new personnel
May 8, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from United Way of Central Carolinas
March 15, 2023
Updated personnel
Identified 10 new personnel
July 4, 2022
Posted financials
Added Form 990 for fiscal year 2020
June 30, 2022
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Employment organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationHispanicBusiness and industry
Characteristics
Receives government fundingManagement and technical assistanceTax deductible donations
General information
Address
3201 E Colonial Dr Suite A-20
Orlando, FL 32803
Metro area
Orlando-Kissimmee-Sanford, FL
County
Orange County, FL
Website URL
prosperausa.org/ 
Phone
(407) 428-5872
IRS details
EIN
82-1629344
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Subordinate organization
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