Civic Intelligence

Prospera North Carolina LLC

EIN 82-1629344 • 501(c)3 • Charlotte, NC

Profile

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

145 Scaleybark Rd CCharlotte, NC 28209-2682

www.prosperausa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

89th percentile

46%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,941,686

Up $613,432 (+46%) from 2023

Liabilities

Down

$233,366

Down $1,855 (-0.8%) from 2023

Net Assets

Up

$1,708,320

Up $615,287 (+56%) from 2023

Revenue

Up

$1,682,287

Up $163,287 (+11%) from 2023

Expenses

Up

$1,079,019

Up $218,999 (+25%) from 2023

Net Income

Down

$603,268

Down $55,712 (-8.5%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0MAssets 2019: $225,289Liabilities 2019: $303,949Net Assets 2019: -$78,6602019Assets 2020: $627,535Liabilities 2020: $603,338Net Assets 2020: $24,1972020Assets 2021: $739,902Liabilities 2021: $214,654Net Assets 2021: $525,2482021Assets 2022: $750,207Liabilities 2022: $313,679Net Assets 2022: $436,5282022Assets 2023: $1,328,254Liabilities 2023: $235,221Net Assets 2023: $1,093,0332023Assets 2024: $1,941,686Liabilities 2024: $233,366Net Assets 2024: $1,708,3202024

Highlighted filing

2024

Assets$1,941,686
Liabilities$233,366
Net Assets$1,708,320

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2019: $182,699Expenses 2019: $140,807Net Income 2019: $41,8922019Revenue 2020: $311,741Expenses 2020: $208,884Net Income 2020: $102,8572020Revenue 2021: $890,525Expenses 2021: $389,474Net Income 2021: $501,0512021Revenue 2022: $488,135Expenses 2022: $569,992Net Income 2022: -$81,8572022Revenue 2023: $1,519,000Expenses 2023: $860,020Net Income 2023: $658,9802023Revenue 2024: $1,682,287Expenses 2024: $1,079,019Net Income 2024: $603,2682024

Highlighted filing

2024

Revenue$1,682,287
Expenses$1,079,019
Net Income$603,268

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 6, 2025
Return Version
2023v6.0
Gross Receipts
$1,682,287
Mission and Program Overview

Mission

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

Prospera nc is an economic development, nonprofit organization in nc specializing in providing bilingual assistance to hispanic entrepreneurs trying to establish or expand their business in north carolina. Prospera's quality year-round professional services include educational programs, individual consulting and technical assistance, entrepreneurial grants for subcontracted services, and loan facilitation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$936,051$1,219,987▲ $283,936
Investments in Publicly Traded Securities$303,621$578,841▲ $275,220
Pledges and Grants Receivable$61,446$124,457▲ $63,011
Land, Buildings, and Equipment, Net$14,963$15,771▲ $808
Prepaid Expenses and Deferred Charges$740$2,630▲ $1,890
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$1,328,254$1,941,686▲ $613,432
Other Assets Total$11,433$0▼ $11,433
Liabilities
Other Liabilities$212,817$201,118▼ $11,699
Accounts Payable and Accrued Expenses$22,404$32,248▲ $9,844
Total Liabilities$235,221$233,366▼ $1,855
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$836,604$1,061,393▲ $224,789
Net Assets With Donor Restrictions$256,429$646,927▲ $390,498
Total Net Assets Fund Balance$1,093,033$1,708,320▲ $615,287
Total Liabilities and Net Assets / Fund Balance$1,328,254$1,941,686▲ $613,432

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,044$12,055$22,099
Other Land Buildings$5,727-$5,727
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,668,120
Program Service Revenue
$0
Investment Income
$14,167
Other Revenue
$0
All Other Contributions
$590,843
Change in Net Assets
$603,268
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$844,824
Other Expenses$215,070
Total Fundraising Expense$186,980
Grants and Similar Amounts Paid$19,125
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$326,701$38,474$22,692$387,867
Current Officers, Directors, Trustees, and Key Employees$183,433$22,302$90,043$295,778
Other Employee Benefits$80,973$13,670$12,631$107,274
Payroll Taxes$38,444$4,200$7,715$50,359
Travel$37,826$6,701$2,857$47,384
Fees for Services Other$0$0$32,012$32,012
Office Expenses$23,982$1,332$742$26,056
Fees for Services Accounting$17,542$4,375$3,983$25,900
Conferences and Meetings$15,021$1,010$5,676$21,707
Information Technology$14,700$2,300$3,400$20,400
Grants to Domestic Orgs$19,125--$19,125
Advertising$12,466$1,204$2,956$16,626
Occupancy$11,100$2,266$584$13,950
Depreciation Depletion$4,743$223$957$5,923
Pension Plan Contributions$3,114-$432$3,546
Other Expenses$425$3,088-$3,513
Insurance$1,300-$300$1,600
Total Functional Expenses$791,201$100,838$186,980$1,079,019
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$201,118
Lease Liabilty (rou)-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15A

The executive compensation committee, of a related organization, hispanic business initiative fund, inc. (hbif), integrated by the officers of the corporation, is in charge of independently determining the ceo/president's compensation. Also, an independent executive compensation study is conducted every 3 years.

Form 990, Part VI, Line 15B

The executive compensation committee, of a related organization, hispanic business initiative fund, inc. (hbif), integrated by the officers of the corporation, is in charge of independently determining the officers and key employees compensation. Also, an independent executive compensation study is conducted every 3 years.

Form 990, Part VI, Line 6 Classes of members or stockholders

The company is a single member limited liability company. The company's sole member is hispanic business initiative fund, inc.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

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, Line 11B Review of form 990 by governing body

The president/ceo and board treasurer review form 990.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization holds annual refresh courses on confidentiality and conflict of interest for all employees and the board of directors. They empower and encourage everyone to share any concerns regarding compliance with the set policy on a regular basis.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes its records available upon request.

Form 990, Part VIII, Line 2F Other Program Service Revenue

Investment Income - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
Prospera North Carolina LLC
EIN
82-1629344
Phone
4074138564
Address
145 SCALEYBARK RD C, CHARLOTTE, NC 28209-2682

Signing Officer

Name
Augusto Sanabria
Title
President/CEO
Phone
4074138564
Signed
2025-08-06
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
4
Employees
9
Volunteers
21

Preparer

Firm
Bdo USA
Address
450 S ORANGE AVE STE 550, ORLANDO, FL 32801-3308
Preparer
Jake Cook
Phone
4078416930
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

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 consolidated statements 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.

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IRS990/OtherExpensesGrp/Desc0Gifts
IRS990/OtherExpensesGrp/Desc1Taxes - Other
IRS990/OtherExpensesGrp/Desc2Bank Service Charges
IRS990/OtherExpensesGrp/Desc3Other Associates Benefits
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0142
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1-449
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23088
IRS990/OtherExpensesGrp/ProgramServicesAmt0235
IRS990/OtherExpensesGrp/ProgramServicesAmt171
IRS990/OtherExpensesGrp/ProgramServicesAmt2425
IRS990/OtherExpensesGrp/TotalAmt0235
IRS990/OtherExpensesGrp/TotalAmt1213
IRS990/OtherExpensesGrp/TotalAmt2-449
IRS990/OtherExpensesGrp/TotalAmt33513
IRS990/OtherLiabilitiesGrp/BOYAmt0212817
IRS990/OtherLiabilitiesGrp/EOYAmt0201118
IRS990/OtherOrganizationDsc0LLC
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt022692
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038474
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0326701
IRS990/OtherSalariesAndWagesGrp/TotalAmt0387867
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt07715
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04200
IRS990/PayrollTaxesGrp/ProgramServicesAmt038444
IRS990/PayrollTaxesGrp/TotalAmt050359
IRS990/PensionPlanContributionsGrp/FundraisingAmt0432
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03114
IRS990/PensionPlanContributionsGrp/TotalAmt03546
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt061446
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0124457
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0740
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02630
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0AUGUSTO SANABRIA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL ASSISTANCE: ORIENTATION SESSIONS PROVIDE BASIC INFORMATION ABOUT HOW TO START A BUSINESS. PROSPERA WORKSHOP SERIES OFFERS TRAINING ON SPECIFIC TOPICS THAT ASSIST ENTREPRENEURS IN MAKING CRITICAL DECISIONS TO ACHIEVE SUCCESS. PROSPERA HAD OVER 789 ATTENDEES TO THE EDUCATIONAL SESSIONS OFFERED IN SPANISH AND FREE OF CHARGE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0208330
IRS990/ProgSrvcAccomActy3Grp/Desc0ENTREPRENEURIAL 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, WEB PAGE CREATION, QUICKBOOKS TRAINING, AND LOAN APPLICATION PREPARATION. PROSPERA AWARDED ENTREPRENEURIAL GRANTS TO 15 BUSINESSES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0206422
IRS990/ProgSrvcAccomActy3Grp/GrantAmt019125
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01506691
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt012125
IRS990/PYInvestmentIncomeAmt012309
IRS990/PYOtherExpensesAmt0177707
IRS990/PYRevenuesLessExpensesAmt0658980
IRS990/PYSalariesCompEmpBnftPaidAmt0670188
IRS990/PYTotalExpensesAmt0860020
IRS990/PYTotalRevenueAmt01519000
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0603268
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0593341405
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HISPANIC BUSINESS INITIATIVE FUND INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt010044
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012055
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022099
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05727
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05727
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0201118
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILTY (ROU)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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 CONSOLIDATED STATEMENTS 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015771
IRS990ScheduleD/TotalLiabilityAmt0201118
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt025200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0263338
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1182353
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08735
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt15411
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt036128
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt124616
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0AUGUSTO SANABRIA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1LUIS E OTERO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0333401
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1212380
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false

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