Civic Intelligence

Latinsuccess Corporation

990EZ • Fiscal year 2016 • EIN 27-1608846

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

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

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

38th percentile

-1.0%

Higher net margin than 38% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

41st percentile

-1.7%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

73rd percentile

20%

Faster revenue growth than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,752

Down $31 (-1.7%) from 2015

Net Assets

Down

$1,752

Down $31 (-1.7%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$3,055

Up $518 (+20%) from 2015

Expenses

Up

$3,086

Up $1,301 (+73%) from 2015

Net Income

Down

-$31

Down $783 (-104%) from 2015

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

2016

Assets$1,752
Liabilities$0
Net Assets$1,752

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

2016

Revenue$3,055
Expenses$3,086
Net Income-$31
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$3,055
Mission and Program Overview

Mission

REFER TO SCHEDULE O

Program Services

DescriptionGrantsExpenses
REFER TO SCHEDULE O-$2,001
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MISAEL PORTILLOPresident & CEOPT$0--
TOMAS PERIBONIOVice President-$0--
CLAUDIA SOUTOTreasurer-$0--
MANUEL CARVALLOSecretary-$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
2017-11-08
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

General explanation attachment

Primary exempt purpose: proamericas 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 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 in u.s. And latin american corporations.2016 achievementssince its inception in 2010, proamericas has been diligently building a partnership model motivating 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 proamericas, is a 1971 alumnus of the u.s. State departments prestigious international visitor leadership program (ivlp), and acts as ianamericas executive director.in 2016 proamericas participated as presenter at the abla conference, the first convention ever held in the u.s., in august 2016, in houston, texas, introducing kinness as a digital platform to build intelligent communities and to foster collaboration. This platform, in partnership with via consulting group, was also introduced to the state department in washington d.c. Misael portillo, founder of proamericas keeps actively involved with the u.s. State departments alumni associations in the western hemisphere and worldwide. Thanks to this, he has been appointed as member of global ties u.s. Council of international members as well as member of the u.s. State department international exchange alumni council of advisors.major strategic objectives for 2017(1)proamericas (formerly latinsuccess) will be launching a new website, implementing the kinness platform to promote exchange programs between the united states and latin america, in both directions, fostering citizen diplomacy with the purpose of strengthening the bonds between the united states and latin america.(2)to keep promoting the implementation of the student leadership challenge and the 7 mindsets programs at american schools and the binational centers of latin america for them to go beyond the teaching of english to creating leaders.(3)proamericas will keep providing support to abla (association of binational centers of latin america) and global ties us for the implementation of their partnership.(4)proamericas will keep working closely with ianamericas (inter american network of alumni associations) to encourage the state alumni to form their countrys alumni associations throughout the western hemisphere.(5)proamericas will keep fostering the development of cross-sector partnerships through the kinness platform to build intelligent and collaborative communities.(6)proamericas leaders of the americas exchange program: proamericas will keep doing the best efforts for students and professionals to participate in exchange programs and the elei (english language enhancement and immersion) summer camps, by fostering partnerships between the binational centers of latin america and u.s. Universities.(7)proamericas will be participating in the for atlanta iniciative, fostering collaboration between ngos and churches on behalf of the wellbeing and prosperity of the community.(8)proamericas will dedicate special efforts to help the venezuelan people through fundraising for exchange programs and donations to students in need.

Description of other expenses Part I line 16

Description amountcentenial high school-cru donation 50bank service fees 86enrichment program conferences 885professional dues 100annual registration 50meetings 214webhosting fees 28travel 1,066office supplies 74

Raw XML Appendix161 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/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.
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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.
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & CEO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIMARY EXEMPT PURPOSE: PROAMERICAS 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 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 IN U.S. AND LATIN AMERICAN CORPORATIONS.2016 ACHIEVEMENTSSINCE ITS INCEPTION IN 2010, PROAMERICAS HAS BEEN DILIGENTLY BUILDING A PARTNERSHIP MODEL MOTIVATING 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 PROAMERICAS, IS A 1971 ALUMNUS OF THE U.S. STATE DEPARTMENTS PRESTIGIOUS INTERNATIONAL VISITOR LEADERSHIP PROGRAM (IVLP), AND ACTS AS IANAMERICAS EXECUTIVE DIRECTOR.IN 2016 PROAMERICAS PARTICIPATED AS PRESENTER AT THE ABLA CONFERENCE, THE FIRST CONVENTION EVER HELD IN THE U.S., IN AUGUST 2016, IN HOUSTON, TEXAS, INTRODUCING KINNESS AS A DIGITAL PLATFORM TO BUILD INTELLIGENT COMMUNITIES AND TO FOSTER COLLABORATION. THIS PLATFORM, IN PARTNERSHIP WITH VIA CONSULTING GROUP, WAS ALSO INTRODUCED TO THE STATE DEPARTMENT IN WASHINGTON D.C. MISAEL PORTILLO, FOUNDER OF PROAMERICAS KEEPS ACTIVELY INVOLVED WITH THE U.S. STATE DEPARTMENTS ALUMNI ASSOCIATIONS IN THE WESTERN HEMISPHERE AND WORLDWIDE. THANKS TO THIS, HE HAS BEEN APPOINTED AS MEMBER OF GLOBAL TIES U.S. COUNCIL OF INTERNATIONAL MEMBERS AS WELL AS MEMBER OF THE U.S. STATE DEPARTMENT INTERNATIONAL EXCHANGE ALUMNI COUNCIL OF ADVISORS.MAJOR STRATEGIC OBJECTIVES FOR 2017(1)PROAMERICAS (FORMERLY LATINSUCCESS) WILL BE LAUNCHING A NEW WEBSITE, IMPLEMENTING THE KINNESS PLATFORM TO PROMOTE EXCHANGE PROGRAMS BETWEEN THE UNITED STATES AND LATIN AMERICA, IN BOTH DIRECTIONS, FOSTERING CITIZEN DIPLOMACY WITH THE PURPOSE OF STRENGTHENING THE BONDS BETWEEN THE UNITED STATES AND LATIN AMERICA.(2)TO KEEP PROMOTING THE IMPLEMENTATION OF THE STUDENT LEADERSHIP CHALLENGE AND THE 7 MINDSETS PROGRAMS AT AMERICAN SCHOOLS AND THE BINATIONAL CENTERS OF LATIN AMERICA FOR THEM TO GO BEYOND THE TEACHING OF ENGLISH TO CREATING LEADERS.(3)PROAMERICAS WILL KEEP PROVIDING SUPPORT TO ABLA (ASSOCIATION OF BINATIONAL CENTERS OF LATIN AMERICA) AND GLOBAL TIES US FOR THE IMPLEMENTATION OF THEIR PARTNERSHIP.(4)PROAMERICAS WILL KEEP WORKING CLOSELY WITH IANAMERICAS (INTER AMERICAN NETWORK OF ALUMNI ASSOCIATIONS) TO ENCOURAGE THE STATE ALUMNI TO FORM THEIR COUNTRYS ALUMNI ASSOCIATIONS THROUGHOUT THE WESTERN HEMISPHERE.(5)PROAMERICAS WILL KEEP FOSTERING THE DEVELOPMENT OF CROSS-SECTOR PARTNERSHIPS THROUGH THE KINNESS PLATFORM TO BUILD INTELLIGENT AND COLLABORATIVE COMMUNITIES.(6)PROAMERICAS LEADERS OF THE AMERICAS EXCHANGE PROGRAM: PROAMERICAS WILL KEEP DOING THE BEST EFFORTS FOR STUDENTS AND PROFESSIONALS TO PARTICIPATE IN EXCHANGE PROGRAMS AND THE ELEI (ENGLISH LANGUAGE ENHANCEMENT AND IMMERSION) SUMMER CAMPS, BY FOSTERING PARTNERSHIPS BETWEEN THE BINATIONAL CENTERS OF LATIN AMERICA AND U.S. UNIVERSITIES.(7)PROAMERICAS WILL BE PARTICIPATING IN THE FOR ATLANTA INICIATIVE, FOSTERING COLLABORATION BETWEEN NGOS AND CHURCHES ON BEHALF OF THE WELLBEING AND PROSPERITY OF THE COMMUNITY.(8)PROAMERICAS WILL DEDICATE SPECIAL EFFORTS TO HELP THE VENEZUELAN PEOPLE THROUGH FUNDRAISING FOR EXCHANGE PROGRAMS AND DONATIONS TO STUDENTS IN NEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTCENTENIAL HIGH SCHOOL-CRU DONATION 50BANK SERVICE FEES 86ENRICHMENT PROGRAM CONFERENCES 885PROFESSIONAL DUES 100ANNUAL REGISTRATION 50MEETINGS 214WEBHOSTING FEES 28TRAVEL 1,066OFFICE SUPPLIES 74
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
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