2022-11-14T11:51:21-08:00 2021-12-31 204994635 IRYNA AC 1000 Broadway 200-G Oakland CA 94607 990 2021-01-01 770373186 Prospera Community Development PROS 5106952270 1072 60th Street 3 Oakland CA 94608 Claudia Arroyo Executive Director 2022-11-14 true Claudia Arroyo 999009999 Iryna Oreshkova CPA P00842984 5104679506 0 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Claudia Arroyo 1072 60th Street 3 Oakland CA 94608 1907062 false X www.prosperacoops.org X 1994 CA Prosperas Cooperative Development program provides intensive training, coaching, and technical assistance to low-income Latinas to cultivate leadership, grow successful cooperatives, and transform communities. 4 2 8 9 0 1042030 1893689 41800 12100 1223 1273 0 1085053 1907062 112527 0 0 439370 521660 0 109106 163959 140231 715856 661891 369197 1245171 1126754 2313652 101324 43051 1025430 2270601 Prosperas Cooperative Development program provides intensive training, coaching, and technical assistance to low-income Latinas to cultivate leadership, grow successful cooperatives, and transform communities. false false 399383 12100 We provided our 36-hour Explora tu Cooperativa course twice during 2021, graduating 87 entrepreneurs from the program. During the year, our Train the Trainer team of facilitators was consolidated. These three women, who are experienced cooperative business owners and Prospera program participants, were trained in popular education and coaching techniques and now make up our strong and dynamic team of facilitators for the Explora course. Not only did they facilitate the course, but they also developed an improved Explora for online delivery, Explora 2.0. We provided 13 community education events, including panels open to the public, CA Relief Grant sessions, Levantando Nuestras Voces Coalition events, and our Annual Summit for Latina Entrepreneurs. In addition, we launched our Para Todas podcast highlighting the stories and voices of Prospera participants. Para Todas expands on key topics explored during the Explora course, including power and privilege, impostor syndrome, collective power, and more. In 2021 we published 3 episodes of the podcast. Our 2020-2022 fellow made great strides with her cooperative business, De Colores Collective Consulting. De Colores expanded their client portfolio ten-fold, launched their bilingual website, and doubled their income over 2020. We welcomed two more entrepreneurs into the Fellowship program during 2021. We have continued to develop our Salesforce CRM to better track and manage data. Throughout 2021 we worked with Marian Doub Consulting to design and build out our Salesforce platform, and we began using Form Assembly for data collection. In the fall we began to connect all intake and evaluation processes to Salesforce via Form Assembly, with the result that all new surveys send data directly to Salesforce where we can easily access it for analysis. In early 2021 we finalized our 2021-2025 strategic plan. This plan was developed in a participatory process involving Prospera staff, board of directors, program participants, and allies. The plan was presented to partners and stakeholders during two virtual events, one in English and one in Spanish. Strategic priorities for this time period include providing holistic support to Latina entrepreneurs, program expansion, and organizational sustainability. 399383 true true false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 14 0 true 8 true false false false false false false false 0 false false false false false false false X 4 2 false false false false false false false true true false false true true true true true true false true false CA X X Claudia Delgado 5106952270 1072 60th Street 3 Oakland CA 94608 Claudia Arroyo Executive Dir. 40.00 0.00 X 95322 0 10934 Ana Castao Chair 0.75 0.00 X X 4300 0 0 Nancy Rosales Board member 0.50 0.00 X 2350 0 0 Maricarmen Arjona Secretary 0.75 0.00 X X 0 0 0 Ximena A Orozco Treasurer 0.75 0.00 X X 0 0 0 Karla Hernandez Board member 0.15 0.00 X 0 0 0 Patzia Martinez Board member 0.15 0.00 X 0 0 0 101972 10934 0 false false false 0 68787 1824902 1893689 Service fees 611430 12100 12100 12100 1273 1273 0 0 0 0 0 0 0 0 1907062 12100 1273 X 0 0 0 0 112906 53572 29667 29667 0 336395 217931 65035 53429 0 36447 23269 7232 5946 35912 21756 7564 6592 0 0 26013 26013 0 0 0 68882 57038 4029 7815 270 205 37 28 10449 5990 2187 2272 16929 11932 3448 1549 0 4440 2728 906 806 6238 493 5595 150 0 1582 1350 161 71 0 0 0 4680 2527 1375 778 Miscellaneous 748 592 153 3 0 661891 399383 153402 109106 1087418 1885456 8607 34375 24000 385263 0 0 0 0 0 4329 8558 0 0 0 0 0 2400 0 1126754 2313652 5692 43051 69228 26404 101324 43051 X 753763 1335280 271667 935321 1025430 2270601 1126754 2313652 1245171 X false true X false false X 370083 231011 737824 1042030 1893689 4274637 0 0 370083 231011 737824 1042030 1893689 4274637 820284 3454353 386 539 967 1223 1273 4388 0 11000 47150 45400 103550 4382575 144449 0.78820 0.60110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1907710 648 648 1907062 1907062 662539 648 648 661891 661891 Part X : FIN48 Footnote The Organization is a not-for-profit organization that is exempt from federal income tax on income under Section 501(c)(3) of the Internal Revenue Code and from state franchise tax under California Revenue and Taxation Code Section 23701 (d). However, income from activities not directly related to its tax-exempt purpose is subject to taxation as unrelated business income. There was no tax on unrelated business income for year ended December 31, 2021.Effective October 1, 2009, the Organization adopted Accounting for Uncertainty in Income Tax guidance FASB ASC 740 Accounting for Uncertainty in Income Taxes. Accordingly, the Organization recognizes the effect of income tax positions only when those positions are more likely than not of being sustained. Form 990, Part VI, Line 11b: Form 990 Review Process Once a final draft is ready it is reviewed both internally by the Finance and Operations Director, the Executive Director and Treasurer and externally by our accounting consultants Halpert CPA, before its presented to the board. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All directors, officers, members of committees with board delegated powers, and key employees are required to complete a conflict of interest questionnaire on an annual basis. All directors, officers, members of committees with board delegated powers, and key employees must fully disclose any situation which may cause a conflict of interest to allow an impartial and objective review by the Board. After disclosure and any discussion, the Board shall determine if a conflict of interest exists. (Additional monitoring procedures are described in the policy.) Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Prospera has a salary policy with tiers for levels according to every position from Assistant, Coordinator, Manager and Director. Staff undergoes a performance review and at the end of year and salary raises are determined by the supervisor and Executive Director with support from HR. Salaries for new positions are determined based on our salary policy commensurate with the factors that the policy states including, experience, language skills, level of supervision. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Available upon request.