Civic Intelligence

Latinsuccess Corporation

990EZ • Fiscal year 2015 • EIN 27-1608846

Jan 01, 2015 to Dec 31, 2015 • Filed on May 16, 2016

10031 Parc Sky CircleAlpharetta, GA 30022

(404) 890-8020

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

88th percentile

73%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-68%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,783

Up $790 (+80%) from 2013

Net Assets

Up

$1,783

Up $790 (+80%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$2,537

Down $12,001 (-83%) from 2013

Expenses

Down

$1,785

Down $14,068 (-89%) from 2013

Net Income

Up

$752

Up $2,067 (+157%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15K$10K$5.0K$0Assets 2011: $14,399Net Assets 2011: $14,3992011Assets 2012: $2,308Liabilities 2012: $0Net Assets 2012: $2,3082012Assets 2013: $993Liabilities 2013: $0Net Assets 2013: $9932013Assets 2015: $1,783Liabilities 2015: $0Net Assets 2015: $1,7832015Assets 2016: $1,752Liabilities 2016: $0Net Assets 2016: $1,7522016Assets 2017: $5,210Liabilities 2017: $0Net Assets 2017: $5,2102017Assets 2018: $1,586Liabilities 2018: $0Net Assets 2018: $1,5862018

Highlighted filing

2015

Assets$1,783
Liabilities$0
Net Assets$1,783

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2011: $42,098Expenses 2011: $22,112Net Income 2011: $19,9862011Revenue 2012: $9,100Expenses 2012: $21,191Net Income 2012: -$12,0912012Revenue 2013: $14,538Expenses 2013: $15,853Net Income 2013: -$1,3152013Revenue 2015: $2,537Expenses 2015: $1,785Net Income 2015: $7522015Revenue 2016: $3,055Expenses 2016: $3,086Net Income 2016: -$312016Revenue 2017: $5,469Expenses 2017: $2,011Net Income 2017: $3,4582017Revenue 2018: $561Expenses 2018: $4,185Net Income 2018: -$3,6242018

Highlighted filing

2015

Revenue$2,537
Expenses$1,785
Net Income$752
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.1
Gross Receipts
$2,537
Mission and Program Overview

Mission

REFER TO SCHEDULE O

Program Services

DescriptionGrantsExpenses
REFER TO SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MISAEL PORTILLOPresident & CEOPT$0--
TOMAS PERIBONIOVice President-$0--
CLAUDIA SOUTOTreasurerPT$0--
MANUEL CARVALLOSecretaryPT$0--
ISABEL ROMERODirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Proamericas Inc
EIN
27-1608846
Address
10031 PARC SKY CIRCLE, ALPHARETTA, GA 30022

Signing Officer

Name
Misael Portillo
Title
President and C
Phone
4048908020
Signed
2016-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Accounting & Tax Advisory Group Pc
Address
555 N POINT CENTER E STE 400, ALPHARETTA, GA 30022
Preparer
Riolene Ibok
Phone
7705586338
Supplemental Narrative

Additional Explanations

General explanation attachment

Primary exempt purpose: proamericas (formerly known as latinsuccess) matches talents with opportunities for young generations. The organization promotes and develops professionally current and emerging leaders in latin america and the united states with latin american leaders in government, corporations, chambers of commerce, bi-national centers (bncs), and educational institutions to foster citizen diplomacy and to create opportunities for college students, with limited economic resources, through personal and professional development programs and exposure to work experience within u.s. And latin american corporations. Since its inception in 2010, proamericas has been diligently building a partnership model inviting educational institutions, ngos, corporations, governments and civil society to join efforts in providing younger generations with wonderful opportunities. Proamericas continues facilitating the operations of ianamericas (inter-american network of alumni associations) in the u.s. Misael portillo, founder of latinsuccess, is a 1971 alumnus of the u.s. State departments prestigious international visitor leadership program (ivlp), and acts as ianamericas executive director.2015 achievements: in 2015 latinsuccess attended the state departments celebration of the 75th aniversary of the international visitor leadership (ivlp) program, both, in washington dc and also in valparaiso, chile, where the chilean congress had a special ceremony on behalf of this program aniversary. We also visited the centro boliviano americano in santa cruz, bolivia. Latinsuccess keeps working in partnership with the 7 mindsets, a u.s. Corporation, which provides live programs, curriculum and distributed technology, to empower individuals and groups globally with content from the 7 mindsets, to create a mindset revolution which will allow millions of people to live their ultimate dream and make a meaningful positive impact on the world by bringing this content and programs to classrooms, community centers, and businesses.major strategic objectives for 2016: (1)in april 2016, latinsuccess changed its name to proamericas. The organization will be promoting students exchange programs between the u.s. And latin america. (2) to keep promoting the implementation of the student leadership challenge and the seven mindsets programs at american schools and the binational centers of latin america for them to go beyond the teaching of english. We will keep providing facilitator training programs to efl teachers, using the clil (content and language integrated learning) system. (3)in 2016 at cba santa cruz, bolivia, proamericas will be providing a 7 mindsets teacher training facilitator and certification program for all the bolivian binational centers to access students and alumni. (4)provide support to abla (association of binational centers of latin america) and global ties u.s for the implementation of their partnership. Proamericas will be attending global ties u.s. 2016 national meeting in washington and the abla 2016 convention in houston, texas. (5)proamericas will work closely with ianamericas (inter american network of alumni associations) to encourage the state alumni to form their countrys alumni associations throughout the western hemisphere. (6)proamericas will keep fostering the development of cross-sector partnerships through the kinness platform to build intelligent and collaborative communities. (7)proamericas leaders of the americas exchange program: proamericas will keep doing the best efforts for the emerging leaders from the student leadership challenge and 7 mindsets courses to participate in the leaders of the americas exchange program, in order to provide latin american and u.s. College students the opportunity for participation in exchange program, in order to provide latin american and u.s. College students the opportunity for participation in exchange programs and summer camps, by fostering partnerships between the binational cent

Description of other expenses Part I line 16

Description amountjr bb team silver spartan donation 250bank service fees 24membership enrichment programs 346travel 815

Raw XML Appendix150 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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CompensationExplanation/CompensationExplanationGrp/PersonNm1TOMAS PERIBONIO
CompensationExplanation/CompensationExplanationGrp/PersonNm2CLAUDIA SOUTO
CompensationExplanation/CompensationExplanationGrp/PersonNm3MANUEL CARVALLO
CompensationExplanation/CompensationExplanationGrp/PersonNm4ISABEL ROMERO
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0LATIN SUCCESS CORPORATION IS A NOT-FOR-PROFIT ENTITY THAT IS NOT COMPENSATING ANY OFFICERS INCLUDING EXECUTIVE OFFICERS FOR THEIR SERVICES.
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1LATIN SUCCESS CORPORATION IS A NOT-FOR-PROFIT ENTITY THAT IS NOT COMPENSATING ANY OFFICERS INCLUDING EXECUTIVE OFFICERS FOR THEIR SERVICES.
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt2LATIN SUCCESS CORPORATION IS A NOT-FOR-PROFIT ENTITY THAT IS NOT COMPENSATING ANY OFFICERS INCLUDING EXECUTIVE OFFICERS FOR THEIR SERVICES.
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt3LATIN SUCCESS CORPORATION IS A NOT-FOR-PROFIT ENTITY THAT IS NOT COMPENSATING ANY OFFICERS INCLUDING EXECUTIVE OFFICERS FOR THEIR SERVICES.
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt4LATIN SUCCESS CORPORATION IS A NOT-FOR-PROFIT ENTITY THAT IS NOT COMPENSATING ANY OFFICERS INCLUDING EXECUTIVE OFFICERS FOR THEIR SERVICES.
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIMARY EXEMPT PURPOSE: PROAMERICAS (FORMERLY KNOWN AS LATINSUCCESS) MATCHES TALENTS WITH OPPORTUNITIES FOR YOUNG GENERATIONS. THE ORGANIZATION PROMOTES AND DEVELOPS PROFESSIONALLY CURRENT AND EMERGING LEADERS IN LATIN AMERICA AND THE UNITED STATES WITH LATIN AMERICAN LEADERS IN GOVERNMENT, CORPORATIONS, CHAMBERS OF COMMERCE, BI-NATIONAL CENTERS (BNCS), AND EDUCATIONAL INSTITUTIONS TO FOSTER CITIZEN DIPLOMACY AND TO CREATE OPPORTUNITIES FOR COLLEGE STUDENTS, WITH LIMITED ECONOMIC RESOURCES, THROUGH PERSONAL AND PROFESSIONAL DEVELOPMENT PROGRAMS AND EXPOSURE TO WORK EXPERIENCE WITHIN U.S. AND LATIN AMERICAN CORPORATIONS. SINCE ITS INCEPTION IN 2010, PROAMERICAS HAS BEEN DILIGENTLY BUILDING A PARTNERSHIP MODEL INVITING EDUCATIONAL INSTITUTIONS, NGOS, CORPORATIONS, GOVERNMENTS AND CIVIL SOCIETY TO JOIN EFFORTS IN PROVIDING YOUNGER GENERATIONS WITH WONDERFUL OPPORTUNITIES. PROAMERICAS CONTINUES FACILITATING THE OPERATIONS OF IANAMERICAS (INTER-AMERICAN NETWORK OF ALUMNI ASSOCIATIONS) IN THE U.S. MISAEL PORTILLO, FOUNDER OF LATINSUCCESS, IS A 1971 ALUMNUS OF THE U.S. STATE DEPARTMENTS PRESTIGIOUS INTERNATIONAL VISITOR LEADERSHIP PROGRAM (IVLP), AND ACTS AS IANAMERICAS EXECUTIVE DIRECTOR.2015 ACHIEVEMENTS: IN 2015 LATINSUCCESS ATTENDED THE STATE DEPARTMENTS CELEBRATION OF THE 75TH ANIVERSARY OF THE INTERNATIONAL VISITOR LEADERSHIP (IVLP) PROGRAM, BOTH, IN WASHINGTON DC AND ALSO IN VALPARAISO, CHILE, WHERE THE CHILEAN CONGRESS HAD A SPECIAL CEREMONY ON BEHALF OF THIS PROGRAM ANIVERSARY. WE ALSO VISITED THE CENTRO BOLIVIANO AMERICANO IN SANTA CRUZ, BOLIVIA. LATINSUCCESS KEEPS WORKING IN PARTNERSHIP WITH THE 7 MINDSETS, A U.S. CORPORATION, WHICH PROVIDES LIVE PROGRAMS, CURRICULUM AND DISTRIBUTED TECHNOLOGY, TO EMPOWER INDIVIDUALS AND GROUPS GLOBALLY WITH CONTENT FROM THE 7 MINDSETS, TO CREATE A MINDSET REVOLUTION WHICH WILL ALLOW MILLIONS OF PEOPLE TO LIVE THEIR ULTIMATE DREAM AND MAKE A MEANINGFUL POSITIVE IMPACT ON THE WORLD BY BRINGING THIS CONTENT AND PROGRAMS TO CLASSROOMS, COMMUNITY CENTERS, AND BUSINESSES.MAJOR STRATEGIC OBJECTIVES FOR 2016: (1)IN APRIL 2016, LATINSUCCESS CHANGED ITS NAME TO PROAMERICAS. THE ORGANIZATION WILL BE PROMOTING STUDENTS EXCHANGE PROGRAMS BETWEEN THE U.S. AND LATIN AMERICA. (2) TO KEEP PROMOTING THE IMPLEMENTATION OF THE STUDENT LEADERSHIP CHALLENGE AND THE SEVEN MINDSETS PROGRAMS AT AMERICAN SCHOOLS AND THE BINATIONAL CENTERS OF LATIN AMERICA FOR THEM TO GO BEYOND THE TEACHING OF ENGLISH. WE WILL KEEP PROVIDING FACILITATOR TRAINING PROGRAMS TO EFL TEACHERS, USING THE CLIL (CONTENT AND LANGUAGE INTEGRATED LEARNING) SYSTEM. (3)IN 2016 AT CBA SANTA CRUZ, BOLIVIA, PROAMERICAS WILL BE PROVIDING A 7 MINDSETS TEACHER TRAINING FACILITATOR AND CERTIFICATION PROGRAM FOR ALL THE BOLIVIAN BINATIONAL CENTERS TO ACCESS STUDENTS AND ALUMNI. (4)PROVIDE SUPPORT TO ABLA (ASSOCIATION OF BINATIONAL CENTERS OF LATIN AMERICA) AND GLOBAL TIES U.S FOR THE IMPLEMENTATION OF THEIR PARTNERSHIP. PROAMERICAS WILL BE ATTENDING GLOBAL TIES U.S. 2016 NATIONAL MEETING IN WASHINGTON AND THE ABLA 2016 CONVENTION IN HOUSTON, TEXAS. (5)PROAMERICAS WILL WORK CLOSELY WITH IANAMERICAS (INTER AMERICAN NETWORK OF ALUMNI ASSOCIATIONS) TO ENCOURAGE THE STATE ALUMNI TO FORM THEIR COUNTRYS ALUMNI ASSOCIATIONS THROUGHOUT THE WESTERN HEMISPHERE. (6)PROAMERICAS WILL KEEP FOSTERING THE DEVELOPMENT OF CROSS-SECTOR PARTNERSHIPS THROUGH THE KINNESS PLATFORM TO BUILD INTELLIGENT AND COLLABORATIVE COMMUNITIES. (7)PROAMERICAS LEADERS OF THE AMERICAS EXCHANGE PROGRAM: PROAMERICAS WILL KEEP DOING THE BEST EFFORTS FOR THE EMERGING LEADERS FROM THE STUDENT LEADERSHIP CHALLENGE AND 7 MINDSETS COURSES TO PARTICIPATE IN THE LEADERS OF THE AMERICAS EXCHANGE PROGRAM, IN ORDER TO PROVIDE LATIN AMERICAN AND U.S. COLLEGE STUDENTS THE OPPORTUNITY FOR PARTICIPATION IN EXCHANGE PROGRAM, IN ORDER TO PROVIDE LATIN AMERICAN AND U.S. COLLEGE STUDENTS THE OPPORTUNITY FOR PARTICIPATION IN EXCHANGE PROGRAMS AND SUMMER CAMPS, BY FOSTERING PARTNERSHIPS BETWEEN THE BINATIONAL CENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTJR BB TEAM SILVER SPARTAN DONATION 250BANK SERVICE FEES 24MEMBERSHIP ENRICHMENT PROGRAMS 346TRAVEL 815
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
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ReturnHeader/ReturnTs02016-05-16T17:00:51-04:00
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ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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