NonprofitsProspera Georgia Llc

Community Improvement & Capacity Building

Prospera Georgia Llc

ATLANTA, GA

Total revenue

$453K

Total expenses

$541K

Net assets

$176K

Grants received

$335K

6 grants

EIN

853544419

Tax year

2023

Mission

Prospera ga is an economic development, nonprofit organization in ga specializing in providing bilingual assistance to hispanic entrepreneurs trying to establish or expand their business in georgia. Prospera's quality year-round professional services include educational programs, individual consulting and technical assistance, entrepreneurial grants for subcontracted services, and loan facilitation.

Programs

2 programs

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 416 attendees to the educational sessions offered in spanish and free of charge.

Expenses: $102K

Entrepreneurial grants: prospera's grants allow startups and existing businesses to receive advanced business development services at no or minimal cost, completed by subcontracted providers paid by prospera. The grants offered by prospera include: legal structure assessment, accounting assessment, business plan development, marketing plan, corporate branding, web page creation, quickbooks training, and loan application preparation. Prospera awarded entrepreneurial grants to 29 businesses.

Expenses: $88KGrants: $21K

Financials

FY 2023

Revenue

Contributions & grants$453K
Program service revenue
Investment income
Other revenue
Total revenue$453K

Expenses

Grants paid$21K
Salaries & benefits$351K
Fundraising$135K
Other expenses$169K
Total expenses$541K
Total assets$387K
Net assets$176K

People

6 listed

NameRoleCompensation

ALEXANDER SUEIRO

TREASURER

Board

1 hrs/wk

AUGUSTO SANABRIA

CEO/PRESIDENT

Board

2.5 hrs/wk

GEORGE BERMUDEZ

VICE CHAIR

Board

1 hrs/wk

LORI DUARTE-ROBERTS

SECRETARY

Board

1 hrs/wk

LUZ AVILES

CHAIR

Board

1 hrs/wk

LUIS E OTERO

CFO

Staff

2.5 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$100K
Prospera - Entrepreneurial Growth in Atlanta
2024
$60K
ARTS/CULTURE/HUMANITIES
2024
$50K
PROGRAM/OPERATING SUPPORT
2023
$50K
PROGRAM/OPERATING SUPPORT
2022

Funded by

$335K from 4 funders · 6 grants · 2021–2024

The Bank of America Charitable Foundation Inc

$150K · 3 grants · 2021–2023

The Coca-Cola Foundation Inc

$100K · 1 grant · 2024

Details

EIN853544419
NTEE codeS30
Subsection03
Ruling date2021-03
Formed2020
Employees3
Volunteers18
PROSPERA GEORGIA LLC — Mission, Financials & Grants Received | Grantivo