2024-08-12T16:04:41-05:00 2023-09-30 BDO USA 200 OTTAWA AVE NW STE 300 GRAND RAPIDS MI 49503 990 2022-10-01 853544419 Prospera Georgia LLC % AUGUSTO SANABRIA PROS 4074285872 3201 E COLONIAL DRIVE Suite A-20 ORLANDO FL 32803 AUGUSTO SANABRIA PRESIDENT/CEO 4074285872 2024-08-08 true Jacob Cook P01240455 6167747000 2024-02-07 2022 2024-08-08 14:25:15Z AUGUSTO SANABRIA 3201 E COLONIAL DRIVEA-20 ORLANDO FL 32803 578444 false X WWW.PROSPERAUSA.ORG X LLC 2021 GA PROSPERA GA IS AN ECONOMIC DEVELOPMENT, NONPROFIT ORGANIZATION IN GA SPECIALIZING IN PROVIDING BILINGUAL ASSISTANCE TO HISPANIC ENTREPRENEURS TRYING (CONTINUED ON SCHEDULE O) 5 4 4 18 0 0 237902 578444 0 0 0 0 0 0 237902 578444 0 1625 0 0 146343 236321 0 0 82818 94707 131886 241050 369832 -3148 208612 236414 288138 181490 24602 54924 263536 X TO STRENGTHEN THE ECONOMY OF GEORGIA THROUGH QUALITY BUSINESS DEVELOPMENT AND TRAINING TO HISPANIC ENTREPRENEURS. false false 134522 0 0 ONE-ON-ONE CONSULTING: PROSPERA GEORGIA LLC 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 GEORGIA LLC ASSISTED 203 BUSINESS OWNERS ACROSS THE STATE OF GEORGIA. 133618 0 0 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 201 ATTENDEES TO THE EDUCATIONAL SESSIONS OFFERED IN SPANISH AND FREE OF CHARGE. 268140 true true false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 5 0 4 true false false false false false false false false false false false false X 5 4 false false false false true true false true true false true true false true true true false false true true false GA X X AUGUSTO SANABRIA 4074285872 3201 EAST COLONIAL DRIVE SUITE A20 ORLANDO FL 32803 AUGUSTO SANABRIA PRESIDENT/CEO 1.0 42.0 X X 0 265596 38741 LUIS E OTERO CFO 1.0 41.0 X 0 164900 35468 LUZ AVILES CHAIR 1.0 4.0 X X 0 0 0 GEORGE BERMUDEZ VICE CHAIR 1.0 4.0 X X 0 0 0 LORI DUARTE-ROBERTS SECRETARY 1.0 4.0 X X 0 0 0 ALEXANDER SUEIRO TREASURER 1.0 4.0 X X 0 0 0 0 430496 74209 0 false true false 0 46725 531719 578444 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 578444 1625 1625 0 0 0 34700 17300 2800 14600 0 151700 141645 5207 4848 346 346 35943 30643 1800 3500 13632 11832 600 1200 0 0 9569 7009 1960 600 0 0 0 12000 12000 6150 2684 298 3168 44890 3236 3134 38520 13800 10500 1200 2100 0 19421 19421 19775 17777 656 1342 0 2617 1777 840 0 0 1465 1465 800 700 100 MISCELLANEOUS EXPENSES 1219 1219 EVENT SUPPLIES 180 180 369832 268140 18874 82818 175750 268459 0 0 0 0 56863 0 0 0 0 0 0 0 0 0 2000 2750 7118 2460 1801 4658 0 0 0 0 0 0 0 0 0 12271 236414 288138 7449 10187 0 0 0 0 0 0 0 0 0 0 0 0 0 0 174041 14415 181490 24602 X 19507 67008 35417 196528 54924 263536 236414 288138 208612 X false true X true false X X 1 HISPANIC BUSINESS INITIATIVE FUND OF FLORIDA INC 593341405 7 false 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6261 2460 3801 857 857 4658 0 LEASE LIABILITY 12271 INTERCOMPANY TRANSACTIONS 2116 OTHER LIABILITIES 28 14415 X SCHEDULE D, PART X, LINE 2: THE ORGANIZATION IDENTIFIES AND EVALUATES UNCERTAIN TAX POSITIONS, IF ANY, AND RECOGNIZES THE IMPACT OF UNCERTAIN TAX POSITIONS FOR WHICH THERE IS A LESS THAN MORE LIKELY-THAN-NOT PROBABILITY OF THE POSITION BEING UPHELD WHEN REVIEWED BY THE RELEVANT TAXING AUTHORITY. SUCH POSITIONS ARE DEEMED TO BE UNRECOGNIZED TAX BENEFITS AND A CORRESPONDING LIABILITY IS ESTABLISHED ON THE STATEMENT OF FINANCIAL POSITION. THE ORGANIZATION HAS NOT RECOGNIZED A LIABILITY FOR UNCERTAIN TAX POSITIONS. IF THERE WERE AN UNRECOGNIZED TAX BENEFIT, THE ORGANIZATION WOULD RECOGNIZE INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THE ORGANIZATION'S TAX YEARS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE GENERALLY REMAIN OPEN FOR THREE YEARS FROM THE DATE OF FILING. false false false false false false false false false AUGUSTO SANABRIA PRESIDENT/CEO 0 265596 0 0 0 0 0 10712 0 28029 0 304337 0 0 LUIS E OTERO CFO 0 164900 0 0 0 0 0 16371 0 19097 0 200368 0 0 SCHEDULE J, PART I, LINE 3: THE PRESIDENT/CEO'S SALARY AND PERFORMANCE REVIEW IS DONE BY THE EXECUTIVE COMMITTEE OF THE HISPANIC BUSINESS INITIATIVE FUND BOARD, A RELATED ENTITY, ON AN ANNUAL BASIS. AS PART OF THE REVIEW, AN INDEPENDENT COMPENSATION CONSULTANT WAS HIRED, WHICH RESEARCH INCLUDED LOCAL AND NATIONAL COMPENSATION PACKAGES AWARDED TO OTHER NON-PROFIT ORGANIZATIONS REPORTED ON SALARY SURVEYS AND FORM 990S. FORM 990, PART I, LINE 1, CONTINUED: 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. FORM 990, PART III, LINE 2: EDUCATIONAL ASSISTANCE: ORIENTATION SESSIONS PROVIDE BASIC INFORMATION ABOUT HOW TO START A BUSINESS. THE HISPANIC BUSINESSWORKSHOP SERIES OFFERS TRAINING ON SPECIFIC TOPICS THAT ASSISTENTREPRENEURS IN MAKING CRITICAL DECISIONS TO ACHIEVE SUCCESS.PROSPERA GEORGIA LLC HAD OVER 96 ATTENDEES TO THE EDUCATIONALSESSIONS OFFERED IN SPANISH AND FREE OF CHARGE. FORM 990, PART VI, SECTION A, LINE 6: THE COMPANY IS A SINGLE MEMBER LIMITED LIABILITY COMPANY. THE COMPANY'S SOLE MEMBER IS HISPANIC BUSINESS INITIATIVE FUND OF FLORIDA, INC. FORM 990, PART VI, SECTION A, LINE 7A: EACH OFFICER OTHER THAN THE PRESIDENT SHALL BE APPOINTED FROM AMONG THE MANAGERS OF THE COMPANY BY THE BOARD OF MANAGERS AND APPROVED BY THE MEMBER AND SHALL SERVE A TERM OF ONE YEAR AND UNTIL HIS OR HER SUCCESSOR HAS BEEN ELECTED AND QUALIFIED, OR UNTIL HIS OR HER DEATH, ADJUDICATION OF INCOMPETENCY, RESIGNATION, OR REMOVAL. THE PRESIDENT SHALL BE EMPLOYED BY THE BOARD OF MANAGERS (AFTER APPROVAL BY THE MEMBER). FORM 990, PART VI, SECTION B, LINE 11B: THE PRESIDENT/CEO AND BOARD TREASURER REVIEW FORM 990. FORM 990, PART VI, SEC B, LINE 12C: OUR OPERATING POLICY PROHIBITS TO PROVIDE GRANTS TO BOARD MEMBERS OR IMMEDIATE FAMILY MEMBERS. THEY ARE REQUIRED TO ANNUALLY SIGN A DECLARATION OF CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A: THE PRESIDENT/CEO'S SALARY AND PERFORMANCE REVIEW IS DONE BY THE EXECUTIVE COMMITTEE OF THE BOARD OF A RELATED ORGANIZATION ON AN ANNUAL BASIS. AS PART OF THE REVIEW, AN INDEPENDENT COMPENSATION CONSULTANT WAS HIRED, WHICH RESEARCH INCLUDED LOCAL AND NATIONAL COMPENSATION PACKAGES AWARDED TO OTHER NON-PROFIT ORGANIZATIONS REPORTED ON SALARY SURVEYS AND FORM 990S. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS RECORDS AVAILABLE UPON REQUEST. HISPANIC BUS INITIATIVE FUND INC 3201 E Colonial Dr SUITE A-20 Orlando FL 32803 593341405 ECON DEV FL 501(C)(3) 7 NA false HISPANIC BUS INITIATIVE FUND NATIONWIDE 3201 E Colonial Dr SUITE A-20 Orlando FL 32803 043589150 ECON DEV FL 501(C)(3) 7 HBIF false PROSPERA NORTH CAROLINA LLC 145 C SCALEYBARK ROAD CHARLOTTE NC 28209 821629344 ECON DEV NC 501(C)(3) 12(A)TYPE I HBIF false false false false false false false false false false false false false false false true true false true false