EIN 95-4196238

Prospanica

IRS 501(c) type
501(c)(3)
Num. employees
11
City
State
Year formed
1988
Most recent tax filings
2023-12-01
Description
Prospanica empowers Hispanic professionals to achieve their full potential through educational, economic, and social means. Chapters host events and programs for professional and educational advancement, promoting leadership and career development for members. Additionally, Prospanica conducts a leadership summit to provide training for chapter board members to effectively build their skills in advancing Hispanic students.
Also known as...
Nshmba Foundation
Total revenues
$2,828,553
2023
20192020202120222023$0$2m$4m
Total expenses
$3,394,198
2023
20192020202120222023$0$2m$4m
Total assets
$6,428,954
2023
20192020202120222023$5m$7m
Num. employees
11
2023
2019202020212022202301020

Program areas at Prospanica

Includes other programs focused on leadership development, career advancement, educational opportunities, and networking events. Two of these programs the Prospanica Scholarship Program and the Prospanica Center for Social Justice are further described below.The Prospanica Scholarship Program supports Hispanic students pursuing undergraduate or graduate degrees in business and related fields. By providing financial assistance, this program helps students overcome financial barriers and achieve their academic goals. This, in turn, promotes the advancement of Hispanics in higher education and contributes to a more diverse and inclusive business landscape.The Prospanica Center for Social Justice is dedicated to promoting equity, fairness, and inclusion within the Hispanic community and beyond. By addressing systemic barriers and challenges that impact Hispanics' ability to achieve their full potential, the Center works to create lasting, positive change in society.
Prospanica Local Chapter Events offer a platform for Hispanic professionals and students to connect, learn, and grow within their local communities. These events provide tailored educational programs, professional development opportunities, and access to valuable resources that enable participants to thrive in their careers. By fostering connections and empowering Hispanic professionals at the local level, these events contribute to the overall advancement of the Hispanic community and promote a diverse, inclusive business landscape.
The Prospanica National Conference is a premier event that brings together Hispanic professionals, students, and corporate partners to promote educational advancement, career development, and leadership within the Hispanic community. This event provides invaluable networking opportunities, professional development workshops, and access to resources that empower participants to achieve their career goals.

Grants made by Prospanica

GranteeGrant descriptionAmount
HispaHispa Partnership$10,500

Who funds Prospanica

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)Education$200,000
American Online Giving FoundationGeneral Support$31,246
Douglas and Erika Cramer Private FoundationCharitable$2,750
...and 2 more grants received

Personnel at Prospanica

NameTitleCompensation
Thomas SavinoSavino Chief Executive Officer$340,000
Amanda TovarChief Operating Officer
Claudia LimaVice President, Finance Operations
Brandie SteadhamDirector of Events and Logistics
Joe ZubiZubi Director
...and 8 more key personnel

Financials for Prospanica

RevenuesFYE 12/2023
Total grants, contributions, etc.$223,762
Program services$2,178,346
Investment income and dividends$427,333
Tax-exempt bond proceeds$0
Royalty revenue$120
Net rental income$0
Net gain from sale of non-inventory assets$-1,008
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,828,553

Form 990s for Prospanica

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-24990View PDF
2022-122023-11-14990View PDF
2021-122022-10-08990View PDF
2020-122021-08-09990View PDF
2019-122021-02-19990View PDF
...and 9 more Form 990s
Data update history
July 12, 2024
Received grants
Identified 3 new grant, including a grant for $200,000 from Silicon Valley Community Foundation (SVCF)
December 30, 2023
Updated personnel
Identified 11 new personnel
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementHispanic
Characteristics
Community engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
11700 Preston Rd 354 Ste 660
Dallas, TX 75230
Metro area
Dallas-Fort Worth-Arlington, TX
County
Dallas County, TX
Website URL
prospanica.org/contact-us/ 
Phone
(866) 276-2140
IRS details
EIN
95-4196238
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S03: Community Improvement and Capacity Building Professional Societies and Associations
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
076298
FTB Entity ID
1451832
AB 488 data last updated ("as-of") date
2024-10-16
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