Prospera Georgia Llc
- Assets
- $288.1k
- Revenue
- $578.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Orlando, FL
- Founding
- Data as of
- 09/2023
- EIN
- 85-3544419
Organization Overview
Prospera Georgia Llc is located in Orlando, FL. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Prospera Georgia Llc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prospera Georgia Llc 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 09/2023, Prospera Georgia Llc generated $578.4k in total revenue. All expenses for the organization totaled $369.8k during the year ending 09/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROSPERA GA IS AN ECONOMIC DEVELOPMENT, NONPROFIT ORGANIZATION IN GA SPECIALIZING IN PROVIDING BILINGUAL ASSISTANCE TO HISPANIC ENTREPRENEURS TRYING (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE-ON-ONE CONSULTING: PROSPERA GEORGIA LLC 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 GEORGIA LLC ASSISTED 203 BUSINESS OWNERS ACROSS THE STATE OF GEORGIA.
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 GEORGIA LLC HAD OVER 201 ATTENDEES TO THE EDUCATIONAL SESSIONS OFFERED IN SPANISH AND FREE OF CHARGE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Augusto Sanabria President/ceo | OfficerTrustee | 1 | $0 |
Luis E Otero CFO | Officer | 1 | $0 |
Luz Aviles Chair | OfficerTrustee | 1 | $0 |
George Bermudez Vice Chair | OfficerTrustee | 1 | $0 |
Lori Duarte-Roberts Secretary | OfficerTrustee | 1 | $0 |
Alexander Sueiro Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,725 |
| All other contributions, gifts, grants, and similar amounts not included above | $531,719 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $578,444 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $578,444 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,625 |
| 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. | $34,700 |
| Compensation of current officers, directors, key employees. | $2,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $151,700 |
| Pension plan accruals and contributions | $346 |
| Other employee benefits | $35,943 |
| Payroll taxes | $13,632 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,569 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,000 |
| Advertising and promotion | $6,150 |
| Office expenses | $44,890 |
| Information technology | $13,800 |
| Royalties | $0 |
| Occupancy | $19,421 |
| Travel | $19,775 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,617 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,465 |
| Insurance | $800 |
| All other expenses | $0 |
| Total functional expenses | $369,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,459 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,750 |
| Net Land, buildings, and equipment | $4,658 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,271 |
| Total assets | $288,138 |
| Accounts payable and accrued expenses | $10,187 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,415 |
| Total liabilities | $24,602 |
| Net assets without donor restrictions | $67,008 |
| Net assets with donor restrictions | $196,528 |
| 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 | $288,138 |