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 362 business owners across the state of North Carolina.
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 18 businesses.
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 845 attendees to the educational sessions offered in spanish and free of charge.
Who funds Prospera North Carolina LLC
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Camber Foundation | 2023-12 | Latino Entrepreneurship Support in Eastern North Carolina | $50,000 |
Personnel at Prospera North Carolina LLC
| Name | Title | Compensation | Date of data |
|---|
| Augusto Sanabria | President and Chief Executive Officer | $0 | 2024-08-12 |
| Luis E Otero | Chief Financial Officer | $0 | 2023-09-30 |
| Erick Isaac | Vice President - Development | | 2023-03-15 |
| Fabian Yepez | Regional Vice President | | 2023-03-15 |
| Jose David Alvarez | Vice President | $100,416 | 2023-03-15 |
| ...and 8 more key personnel |
Financials for Prospera North Carolina LLC
| Revenues | FYE 09/2023 | FYE 09/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,506,691 | $486,702 | 209.6% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $12,309 | $1,433 | 759% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,519,000 | $488,135 | 211.2% |
Organizations like Prospera North Carolina LLC
| Organization | Type | Location | Revenue |
|---|
| Prospera Georgia LLC | 501(c)(3) | Orlando, FL | $578,444 |
| Endeavor Detroit | 501(c)(3) | Detroit, MI | $1,166,230 |
| Industrial Technology Assistance Corporation (ITAC) | 501(c)(3) | New York, NY | $2,316,835 |
| NDWBC | 501(c)(3) | Bismarck, ND | $628,280 |
| DivInc | 501(c)(3) | Austin, TX | $1,379,462 |
| FortyX80 | 501(c)(3) | Pittsburgh, PA | $774,450 |
| Endeavor Miami | 501(c)(3) | Miami, FL | $1,593,290 |
| WV Hive Network | 501(c)(3) | Beckley, WV | $1,059,199 |
| Women's Business Development Center | 501(c)(3) | Miami, FL | $842,916 |
| Beehivefund Corporation | 501(c)(3) | Spring, TX | $625,607 |
Data update history
September 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 21, 2024
Updated personnel
Identified 1 new personnel
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Updated personnel
Identified 1 new personnel
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
- 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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