NonprofitsProspera North Carolina Llc

Human Services

Prospera North Carolina Llc

CHARLOTTE, NC

Total revenue

$1.7M

Total expenses

$1.1M

Net assets

$1.7M

Grants received

$500K

22 grants

EIN

821629344

Tax year

2023

Mission

Prospera nc is an economic development, nonprofit organization in nc specializing in providing bilingual assistance to hispanic entrepreneurs trying to establish or expand their business in north carolina. 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. Prospera workshop series offers training on specific topics that assist entrepreneurs in making critical decisions to achieve success. Prospera had over 789 attendees to the educational sessions offered in spanish and free of charge.

Expenses: $208K

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 15 businesses.

Expenses: $206KGrants: $19K

Financials

FY 2023

Revenue

Contributions & grants$1.7M
Program service revenue
Investment income$14K
Other revenue
Total revenue$1.7M

Expenses

Grants paid$19K
Salaries & benefits$845K
Fundraising$187K
Other expenses$215K
Total expenses$1.1M
Total assets$1.9M
Net assets$1.7M

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 22 of 22

FromAmountPurposeYear
$40K
LATINO ENTREPRENEURSHIP SUPPORT IN EASTERN NORTH CAROLINA PROJECT
2024
$10K
1 grant(s) for varying purposes
2024
$75K
PROGRAM/OPERATING SUPPORT
2023
$50K
LATINO ENTREPRENEURSHIP SUPPORT IN EASTERN NORTH CAROLINA
2023
$25K
PROGRAM/OPERATING SUPPORT
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$50K
PROGRAM/OPERATING SUPPORT
2022
$25K
PROGRAM/OPERATING SUPPORT
2022
$25K
JUSTICE, EQUITY, & INCLUSION
2022
$20K
BILINGUAL PRO BONO BUSINESS LEGAL CLINICS FOR LOW-INCOME HISPANIC IMMIGRANT ENTREPRENEURS IN WAKE AND MECKLENBURG COUNTIES PROJECT
2022
$500
PROGRAM/OPERATING SUPPORT
2022
$30K
BILINGUAL PRO BONO BUSINESS LEGAL CLINICS FOR LOW-INCOME HISPANIC IMMIGRANT ENTREPRENEURS IN WAKE AND MECKLENBURG COUNTIES PROJECT
2021
$5K
PROGRAM SUPPORT
2020
$5K
ENGAGE GRANTS
2020

Funded by

$500K from 9 funders · 22 grants · 2020–2024

The Bank of America Charitable Foundation Inc

$242K · 12 grants · 2020–2023

Z Smith Reynolds Foundation Inc

$90K · 3 grants · 2021–2024

Camber Foundation

$50K · 1 grant · 2023

Duke Energy Foundation

$25K · 1 grant · 2022

The Winston-Salem Foundation

$10K · 1 grant · 2024

Community Foundation Of Western

$5K · 1 grant · 2020

Details

EIN821629344
NTEE codeP11
Subsection03
Ruling date2019-09
Formed2017
Employees9
Volunteers21
PROSPERA NORTH CAROLINA LLC — Mission, Financials & Grants Received | Grantivo