Overview

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Est.

1988

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

PROSPANICA is a nonprofit organization dedicated to empowering Hispanic professionals to reach their full educational, economic, and social potential. With an operating budget of $3.5 million and total revenues of $2.1 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.prospanica.org.

Mission Statement

THE ORGANIZATION'S MISSION IS TO EMPOWER AND ENABLE HISPANIC PROFESSIONALS TO ACHIEVE THEIR FULL EDUCATIONAL, ECONOMIC, AND SOCIAL POTENTIAL.
Revenues
$2.1M
Expenses
$3.6M
Net Income:
-$1.5M
Assets
$4.9M
Liabilities
$831.1K
Net Assets:
+$4M
Operating Budget
$3.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$15K
Largest grant received
$29.1K
T
Thomas Savino
Board Member
J
Janet Simms
Board Member
B
Bill Schwartz
Board Member

Frequently Asked Questions

What is PROSPANICA’s budget?
In 2024, PROSPANICA reported an annual operating budget of around $3.5 million. More detailed financial information is available to registered users.
What causes does PROSPANICA support?
PROSPANICA supports work in Education.
Where does PROSPANICA operate?
PROSPANICA is headquartered in Dallas, TX.
Who funded PROSPANICA recently?
In 2025, PROSPANICA received grants from CHARITIES AID FOUNDATION AMERICA, AMERICAN ONLINE GIVING FOUNDATION INC, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant PROSPANICA received in 2024?
The largest grant to PROSPANICA in 2024 exceeds $29 thousand.