Civic Intelligence

Latinsuccess Corporation

990EZ • Fiscal year 2017 • EIN 27-1608846

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 24, 2018

3000 Old Alabama RoadAlpharetta, 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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

95th percentile

197%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

90th percentile

79%

Faster revenue growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$5,210

Up $3,458 (+197%) from 2016

Net Assets

Up

$5,210

Up $3,458 (+197%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$5,469

Up $2,414 (+79%) from 2016

Expenses

Down

$2,011

Down $1,075 (-35%) from 2016

Net Income

Up

$3,458

Up $3,489 (+11255%) from 2016

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

2017

Assets$5,210
Liabilities$0
Net Assets$5,210

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

2017

Revenue$5,469
Expenses$2,011
Net Income$3,458
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 24, 2018
Return Version
2017v2.2
Gross Receipts
$5,469
Mission and Program Overview

Mission

REFER TO SCHEDULE O

Program Services

DescriptionGrantsExpenses
REFER TO SCHEDULE O-$749
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
3000 OLD ALABAMA ROAD, ALPHARETTA, GA 30022

Signing Officer

Name
Misael Portillo
Title
President and C
Phone
4048908020
Signed
2018-09-24
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 diplmacy 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.2017 accomplishments: in 2017 misael portillo, founder of proamericas has kept actively his involvement with the u.s. State departments alumni associations in the western hemisphere and worldwide. Proamericas attended the global ties u.s. 2017 national meeting in which mr. Portillo participated as leading member of global ties u.s. Council of international members. He was also appointed as member of the board of directors at the georgia hispanic chamber of commerce. Proamericas also launched a new website and is in the process of implementing the kinness platform to foster international exchange programs with the u.s.major strategic objectives for 2018(1) proamericas will keep promoting the implementation of u.s. Educational programs at american schools and the binational centers of latin america for them to go beyond the teaching of english.(2) proamericas will keep providing support and fostering collaboration between abla (association of binational centers of latin america), global ties u.s., and other u.s. Community-based organizations.(3) proamericas will keep working closely with ianamericas (inter american network of alumni associations) to encourage the u.s. International exchange alumni to form associations in every country throughout the western hemisphere. A wh regional convention will be planned for year 2018.(4) proamericas will keep fostering the development of cross-sector partnerships through the kinness platform to foster collaboration, help ngos to build their communities and to facilitate international exchange programs and online educational programs.(5) proamericas will keep doing the best efforts to help students and professionals to participate in exchange programs and the elei (english language enhancement and immersion) camps, by fostering partnerships between the binational centers of latin america and u.s. Universities.(6) proamericas will participate in the gleem (global exchange in emerging markets) an initiative from the morehouse college to guide and coach local and international entrepreneurs to become global and to interact on behalf of their own and their communities.(7) proamericas will dedicate special efforts to support and foster entrepreneurship programs at the georgia hispanic chamber of commerce. 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 amountbank service fees 138enrichment program conferences 671license and permits 130webhosting fees 503travel 77board of director expenses 104telephone 38

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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
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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 DIPLMACY 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.2017 ACCOMPLISHMENTS: IN 2017 MISAEL PORTILLO, FOUNDER OF PROAMERICAS HAS KEPT ACTIVELY HIS INVOLVEMENT WITH THE U.S. STATE DEPARTMENTS ALUMNI ASSOCIATIONS IN THE WESTERN HEMISPHERE AND WORLDWIDE. PROAMERICAS ATTENDED THE GLOBAL TIES U.S. 2017 NATIONAL MEETING IN WHICH MR. PORTILLO PARTICIPATED AS LEADING MEMBER OF GLOBAL TIES U.S. COUNCIL OF INTERNATIONAL MEMBERS. HE WAS ALSO APPOINTED AS MEMBER OF THE BOARD OF DIRECTORS AT THE GEORGIA HISPANIC CHAMBER OF COMMERCE. PROAMERICAS ALSO LAUNCHED A NEW WEBSITE AND IS IN THE PROCESS OF IMPLEMENTING THE KINNESS PLATFORM TO FOSTER INTERNATIONAL EXCHANGE PROGRAMS WITH THE U.S.MAJOR STRATEGIC OBJECTIVES FOR 2018(1) PROAMERICAS WILL KEEP PROMOTING THE IMPLEMENTATION OF U.S. EDUCATIONAL PROGRAMS AT AMERICAN SCHOOLS AND THE BINATIONAL CENTERS OF LATIN AMERICA FOR THEM TO GO BEYOND THE TEACHING OF ENGLISH.(2) PROAMERICAS WILL KEEP PROVIDING SUPPORT AND FOSTERING COLLABORATION BETWEEN ABLA (ASSOCIATION OF BINATIONAL CENTERS OF LATIN AMERICA), GLOBAL TIES U.S., AND OTHER U.S. COMMUNITY-BASED ORGANIZATIONS.(3) PROAMERICAS WILL KEEP WORKING CLOSELY WITH IANAMERICAS (INTER AMERICAN NETWORK OF ALUMNI ASSOCIATIONS) TO ENCOURAGE THE U.S. INTERNATIONAL EXCHANGE ALUMNI TO FORM ASSOCIATIONS IN EVERY COUNTRY THROUGHOUT THE WESTERN HEMISPHERE. A WH REGIONAL CONVENTION WILL BE PLANNED FOR YEAR 2018.(4) PROAMERICAS WILL KEEP FOSTERING THE DEVELOPMENT OF CROSS-SECTOR PARTNERSHIPS THROUGH THE KINNESS PLATFORM TO FOSTER COLLABORATION, HELP NGOS TO BUILD THEIR COMMUNITIES AND TO FACILITATE INTERNATIONAL EXCHANGE PROGRAMS AND ONLINE EDUCATIONAL PROGRAMS.(5) PROAMERICAS WILL KEEP DOING THE BEST EFFORTS TO HELP STUDENTS AND PROFESSIONALS TO PARTICIPATE IN EXCHANGE PROGRAMS AND THE ELEI (ENGLISH LANGUAGE ENHANCEMENT AND IMMERSION) CAMPS, BY FOSTERING PARTNERSHIPS BETWEEN THE BINATIONAL CENTERS OF LATIN AMERICA AND U.S. UNIVERSITIES.(6) PROAMERICAS WILL PARTICIPATE IN THE GLEEM (GLOBAL EXCHANGE IN EMERGING MARKETS) AN INITIATIVE FROM THE MOREHOUSE COLLEGE TO GUIDE AND COACH LOCAL AND INTERNATIONAL ENTREPRENEURS TO BECOME GLOBAL AND TO INTERACT ON BEHALF OF THEIR OWN AND THEIR COMMUNITIES.(7) PROAMERICAS WILL DEDICATE SPECIAL EFFORTS TO SUPPORT AND FOSTER ENTREPRENEURSHIP PROGRAMS AT THE GEORGIA HISPANIC CHAMBER OF COMMERCE. 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 AMOUNTBANK SERVICE FEES 138ENRICHMENT PROGRAM CONFERENCES 671LICENSE AND PERMITS 130WEBHOSTING FEES 503TRAVEL 77BOARD OF DIRECTOR EXPENSES 104TELEPHONE 38
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
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