Prospera Georgia LLC

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To strengthen the economy of Georgia through quality business development and training to hispanic entrepreneurs.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 85-3544419) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
Run by 21 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $33K a year · 9% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
66% of spending went to programs.
Pt IX · Ln 25 · col B
6.5 mo
of spending, in cash
6.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$212K
56% of total assets
Liabilities are 56% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$550K
+21% vs prior year
Spent
$560K
To programs
66%
Net assets
$165K
By yearFY2021–FY2025
Revenue
$550K
FY2025▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2021$92K
FY2022$238K
FY2023$578K
FY2024$453K
FY2025$550K
Expenses
$560K
FY2025▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2021$33K
FY2022$241K
FY2023$370K
FY2024$541K
FY2025$560K
Net assets
$165K
FY2025▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2021$58K
FY2022$55K
FY2023$264K
FY2024$176K
FY2025$165K

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $367K Management & general 10% · $55K Fundraising 25% · $138K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
CEO/President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Prospera Georgia LLC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps Hispanic entrepreneurs start businesses with bilingual support.

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3 programs · $367K · in their own filed words · FY2024
01

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.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 85-3544419) · Dispute this line
$165Kprogram expense
02

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 547 attendees to the educational sessions offered in spanish and free of charge.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 85-3544419) · Dispute this line
$105Kprogram expense
03

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…

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 85-3544419) · Dispute this line
$97Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$22K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$550K
Ln 12
Gifts and grantsLn 1h$550K
Money outPt IX
$560K
Ln 25
Programscol B$367K
Managementcol C$55K
Fundraisingcol D$138K
Owns and owesPt X
$165K
net assets · Ln 32
Cash and savingsLn 1–2$304K
Total assetsLn 16$377K
LiabilitiesLn 26$212K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$550K
Government grantsLn 1e$36K
Total revenueLn 12$550K
Assets in detailPt X, end of year
CashLn 1$304K
Cash and savings togetherLn 1–2$304K
Accounts receivableLn 4$50K
Prepaid expenses and deferred chargesLn 9$6K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$12K
Total assetsLn 16$377K
LiabilitiesLn 26$212K
Net assetsLn 32$165K
OperationsPt I, VI
EmployeesI 54
VolunteersI 621
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$264K$304K
Land, buildings, equipmentLn 10c$6K$4K
Total assetsLn 16$387K$377K
LiabilitiesLn 26$211K$212K
Net assetsLn 32$176K$165K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$25K$25K
Pay of officers and key staff (Part IX, line 5)Ln 5$50K$22K$6K$22K
Other salaries and wagesLn 7$217K$171K$25K$22K
Pension plan contributionsLn 8$4K$4K
Other employee benefitsLn 9$62K$44K$9K$8K
Payroll taxesLn 10$20K$15K$2K$3K
Accounting feesLn 11c$23K$15K$5K$3K
Other fees for servicesLn 11g$24K$0$0$24K
Advertising and promotionLn 12$4K$3K$1K
Office expensesLn 13$49K$7K$184$42K
Information technologyLn 14$12K$9K$1K$2K
OccupancyLn 16$15K$15K
TravelLn 17$40K$25K$5K$10K
Conferences, conventions and meetingsLn 19$8K$8K$62
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$2K$2K$500
Other expenses (24a–d)Ln 24$3K$637$2K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$560K$367K$55K$138K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Jul 16, 2026 $550K$560K−$11K$165K 990 PDF
FY2024Filed with the IRS Aug 6, 2025 $453K$541K−$88K$176K 990 PDF
FY2023Filed with the IRS Aug 12, 2024 $578K$370K$209K$264K 990 PDF
FY2022Filed with the IRS Jul 11, 2023 $238K$241K−$3K$55K 990 PDF
FY2021Filed with the IRS Aug 12, 2022 $92K$33K$58K$58K 990 PDF

Schedules filed Part IV

A · Public support B · Donors D · Assets and endowments J · Pay O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $549,574 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $452,756$549,574
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $452,756$549,574
I-13 Grants and similar amounts paidPrior year $20,975$25,300
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $350,922$353,527
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $168,751$181,503
I-18 Total expensesPrior year $540,648$560,330
I-19 Revenue less expensesPrior year −$87,892−$10,756
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $549,574 across 4 lines filed
VIII-1e Government grants$35,824
VIII-1f All other contributions, gifts and grants$513,750
VIII-1h Total contributions, gifts and grants$549,574
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$549,574
Part IX · Statement of functional expenses $560,330 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $25,300$25,300
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $21,800 · Management $6,200 · Fundraising $22,200$50,200
IX-7 Other salaries and wagesPrograms $170,659 · Management $24,769 · Fundraising $21,581$217,009
IX-8 Pension plan contributionsPrograms $4,294$4,294
IX-9 Other employee benefitsPrograms $44,212 · Management $9,459 · Fundraising $7,900$61,571
IX-10 Payroll taxesPrograms $15,020 · Management $2,313 · Fundraising $3,120$20,453
IX-11c Accounting feesPrograms $15,038 · Management $4,525 · Fundraising $3,400$22,963
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $24,000$24,000
IX-12 Advertising and promotionPrograms $2,916 · Fundraising $1,146$4,062
IX-13 Office expensesPrograms $7,191 · Management $184 · Fundraising $42,055$49,430
IX-14 Information technologyPrograms $8,738 · Management $1,100 · Fundraising $1,700$11,538
IX-16 OccupancyPrograms $15,000$15,000
IX-17 TravelPrograms $25,048 · Management $4,587 · Fundraising $10,203$39,838
IX-19 Conferences, conventions and meetingsPrograms $8,297 · Fundraising $62$8,359
IX-22 Depreciation, depletion and amortizationPrograms $1,441$1,441
IX-23 InsurancePrograms $1,800 · Fundraising $500$2,300
IX-24 Other expenses (24a–d)Programs $637 · Management $1,935$2,572
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $367,391 · Management $55,072 · Fundraising $137,867$560,330
Part X · Balance sheet $376,722 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $264,039$304,345
X-4 Accounts receivableStart of year $85,003$50,000
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $4,478$6,000
X-10c Land, buildings and equipment, netStart of year $5,877$3,963
X-15 Other assetsStart of year $27,106$12,414
X-16 Total assetsStart of year $386,503$376,722
X-17 Accounts payable and accrued expensesStart of year $15,809$18,913
X-22 Loans from officers and insidersStart of year $0$0
X-25 Other liabilitiesStart of year $195,050$192,921
X-26 Total liabilitiesStart of year $210,859$211,834
X-27 Net assets without donor restrictionsStart of year −$5,903−$43,487
X-28 Net assets with donor restrictionsStart of year $181,547$208,375
X-32 Total net assets or fund balancesStart of year $175,644$164,888
X-33 Total liabilities and net assetsStart of year $386,503$376,722
Part XI · Reconciliation of net assets $164,888 net assets at year end
XI-1 Total revenue$549,574
XI-2 Total expenses$560,330
XI-3 Revenue less expenses−$10,756
XI-4 Net assets at start of year$175,644
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$164,888

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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