Program areas at The Prosperity Lab
Provided small mini grants to cohort programs participants raging between $500 to $1000 to be utilized towards their business programs
Our Digigal Equity Lab provided digital tools training to help develop a web presence to over 122 women-owned businesses in California's central valley and developed and launched 41 new websites. We provided resources and information on digitizing your business to ver 352 businesses.
Provided human resources business skills training, mentoring and shared resources to remedy HR compliance issues to over 500 unique business. Served food service industry businesses in HR Training, provided operation certification trainings and mentoring to avoid labor violations and unique food service businesses in Santa Clara County
Who funds The Prosperity Lab
Grants from foundations and other nonprofits
Personnel at The Prosperity Lab
| Name | Title | Compensation | Date of data |
|---|
| Luis Leal | Chief Financial Officer | $3,000 | 2022-02-06 |
| Mimi M Hernandez | Executive Director | | 2024-09-21 |
| Miriam M Hernandez | Past Director | $100,540 | 2024-05-17 |
| Peter Sanchez | Board Member | $0 | 2024-09-21 |
Financials for The Prosperity Lab
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $730,245 | $237,952 | 206.9% |
| Program services | $29,465 | $402,882 | -92.7% |
| Investment income and dividends | $0 | $0 | - |
| 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 | $759,710 | $640,834 | 18.6% |
Organizations like The Prosperity Lab
| Organization | Type | Location | Revenue |
|---|
| Endeavor Miami | 501(c)(3) | Miami, FL | $1,593,290 |
| Endeavor Detroit | 501(c)(3) | Detroit, MI | $1,166,230 |
| DivInc | 501(c)(3) | Austin, TX | $1,379,462 |
| Prospera Georgia LLC | 501(c)(3) | Orlando, FL | $578,444 |
| Colorado Thrives | 501(c)(3) | Denver, CO | $370,000 |
| StartUP Columbus | 501(c)(3) | Columbus, GA | $358,935 |
| Amplify Louisville | 501(c)(3) | Louisville, KY | $1,070,689 |
| FortyX80 | 501(c)(3) | Pittsburgh, PA | $774,450 |
| BisonX | 501(c)(3) | Fargo, ND | $499,889 |
| Iowa Center for Economic Success | 501(c)(3) | Des Moines, IA | $1,154,286 |
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
June 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Employment organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
EducationEconomic developmentBusiness and industry
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 2150 N First St
- San Jose, CA 95131
- Metro area
- San Jose-Sunnyvale-Santa Clara, CA
- County
- Santa Clara County, CA
- Website URL
- prosperitylab.org/plb/Â
- Phone
- (408) 896-2336
IRS details
- EIN
- 85-0495873
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2021
- 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
- Independent
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