2025-10-28T13:29:52-07:00 2024-12-31 204994635 Iryna AC 1000 Broadway Ste 200-C Oakland CA 94607 990 2024-01-01 770373186 Prospera Community Development PROS 5106952270 1203 Preservation Park Way 200 Oakland CA 94612 Claudia Arroyo Executive Director 2025-10-28 true true Kostyantyn Oreshkov EA P00923916 5104679506 2024 2025-03-06 01:10:19Z X Claudia Arroyo 1203 Preservation Park Way 200 Oakland CA 94612 1458498 false X www.prosperacoops.org X 1994 CA At Prospera, we believe entrepreneurship is a powerful tool for advancing well-being, leadership, collective power in immigrant communities and building shared prosperity for all. Our programs are open to all Spanish-speaking individuals. Our most significant activities are:- Community Education. We provide accessible, skill-building workshops and courses focused on business and cooperative development, financial literacy, technology, and leadership. Participants gain knowledge while building a strong support network and accessing practical tools that lead to economic self-determination.- Business & Cooperative Development Incubator. Our incubator offers individualized support for emerging and advanced entrepreneurs. Through coaching, technical assistance, and hands-on guidance, participants receive the structure and expertise needed to launch, stabilize, or grow their businesses and coops.- Community Events. These gatherings offer vital spaces for connection, inspiration, and mutual s 7 7 14 20 0 2863446 1373715 1600 14401 43971 70382 0 2909017 1458498 0 0 994384 1333028 0 325602 304801 450178 1299185 1783206 1609832 -324708 4087621 3806879 121530 165496 3966091 3641383 Prospera partners with Latina entrepreneurs to launch businesses that foster cooperation, economic independence and well-being in immigrant communities. Through our culturally-based programs, Latinas access the networks, tools and capital they need to become successful business owners and powerful community leaders. false false 1137508 14401 - In 2024, we offered a total of 7 of our core courses - Explora Economas Alternativas, Lanza tu Cooperativa and Planea tu Negocio. Additionally, we provided 65 workshops as part of our Crece program.- We supported a total of 372 participants, and 150 participants graduated from the courses described above.- During this year, we have supported 17 business owners through the Acompaa program with tailored technical assistance and mentorship. - We provided 1,427 hours of 1:1 TA to more than 112 women.- We contracted with 8 new bilingual and bicultural consultants, added to the previous group for a total of 28 consultants, who provided business mentorship to support our Crece, Acompaa, and Vuela participants with workshops and individual TA during 2024.- Our participants received a total of nine loans for their businesses, totaling $38,500 in access to capital. - We supported a total of 4 fellows through our Vuela Program: Daphne Rizzo, founder of Pro-Realty Eco Cleaning Solutions - a business that provides eco friendly cleaning services for residential and enterprise customers- and Ingrid Sanchez, founder of Nios Sanos Seguros y Felices -a business that promotes wellness and an alternative education for families with children ages under 5- started their fellowship in 2024 receiving for the first year a stipend of $1500 per month and Stephanie Segovia, founder of Steph Brews Coffeea business that provides training in the coffee industryand Pilar Rengifo, founder of The Choclo, a company that offers gluten- and dairy-free Colombian baked goods entered in their second year as follows receiving tailored technical support, assistance accessing capital, one-on-one and group coaching and leadership opportunities.- Prospera launched a new cohort of its Facilitacin para Liberar[nos] program in January 2024 to train future course facilitators. 10 women joined, completing 17 hours of training, observing sessions, and co-facilitating classes. 7 have completed or are close to finishing the program. Two are now co-facilitating Planea to prepare for solo facilitation next cohort . 4 others will co-facilitate Explora in spring 2026 to support future courses and workshops.- We offered two training sessions to our collaborators (consultants, coaches, mentors), one on coaching techniques and another conversation on how to accompany our diverse community. 19 collaborators participated in this last training.- In March 2024, we celebrated Mujer: Historia, Voz y Sueos in honor of International Womens Day, an event that encouraged participants to come together to share their stories through artistic expressions, including a community mural, crocheting, and poetry. With 77 Latina entrepreneurs in attendance, the event provided a space to foster meaningful connections and inspire participants. - In October 2024, we celebrated our Eighth Annual Summit, themed "Human Libraries." Over 120 participants listened deeply to stories of migration, resilience, and entrepreneurship. Together, these events reminded us that when we come together with open hearts, we create more than gatheringswe create magic. More info about the Summit- In October, we joined the Latino Community Foundation to host a powerful Latina Equal Pay Day event, amplifying the voices of inspiring Latina entrepreneurs and welcoming leaders such as First Partner Jennifer Siebel Newsom, Senator Nancy Skinner, and Assemblywoman Mia Bonta. More than a conversation on wage equity, this gathering celebrated the wealth Latinas create for their families and communities. More information- We launched 3 new episodes of our "Para Todas" podcast. This Spanish-first platform shares powerful stories of entrepreneurship, resilience, and migration, amplifying the voices of Latina immigrant communities through the practice of storytelling. With each conversation, we deepen our commitment to cultivating collective power and creating spaces where Latina entrepreneurs can share their wisdom, struggles, and triumphs. The podcast garnered over 1,213 listens.- We implemented an annual survey in November to gather data on business development and community wellbeing. We developed a metrics and grant management model for our first government grant, COSBA.- In our pursuit of creating organizational capacity, we dedicated our efforts to increasing the use rate of Slack to improve internal communications, Dashlane to manage the organizations group and individual passwords, and Asana to manage projects. We deployed our Salesforce Programs Build and initiated our Salesforce Fundraising Build, which is scheduled for deployment in 2025. 1137508 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 false false false false false false false false false false false false false false false true 41 0 true 14 true false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true false false false CA X X Claudia Delgado 5106952270 1203 Preservation Park Way 200 Oakland CA 94612 Claudia Arroyo Executive Dir. 40.00 0.00 X 112212 0 13320 Anais Amaya Chair 0.75 0.00 X X 0 0 0 Guadalupe Perez Secretary 0.75 0.00 X X 0 0 0 Idaima Robles Treasurer 0.75 0.00 X X 0 0 0 MariCarmen Arjona Board member 0.75 0.00 X 0 0 0 Anne Lufkin-Riao Board member 0.75 0.00 X 0 0 0 Itzel Diaz Board member 0.75 0.00 X 0 0 0 Nallely Martinez Board member 0.75 0.00 X 0 0 0 112212 13320 1 false false false 0 212671 1161044 5000 1373715 Service fees 611430 14401 14401 14401 70382 70382 0 0 0 0 0 0 0 0 1458498 14401 70382 X 0 0 0 0 125532 77365 23374 24793 0 1034696 650935 199396 184365 0 84041 52001 16309 15731 88759 55694 17015 16050 0 900 900 33193 33193 0 0 0 296072 226475 3577 66020 1185 226 959 48464 29108 9722 9634 25226 15376 7228 2622 0 6770 4751 987 1032 19398 14895 2592 1911 0 8219 4258 2077 1884 0 0 0 6201 3782 1292 1127 Dues and other charges 4550 2642 1475 433 0 1783206 1137508 320096 325602 2652817 2152625 1066919 1110790 308000 426482 40798 97046 0 0 0 0 19087 16970 0 0 0 0 0 2966 4087621 3806879 121530 165496 121530 165496 X 2540008 2682165 1426083 959218 3966091 3641383 4087621 3806879 -324708 X true X false true false X 1042030 1893689 1081534 2863446 1373715 8254414 0 0 1042030 1893689 1081534 2863446 1373715 8254414 1941662 6312752 1223 1273 2816 43971 70382 119665 0 0 8374079 82401 0.75380 0.79960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part VI, Section B, Line 11b First draft is reviewed by Accountants, and F&OD and comments submitted if needed and once revision version with changes comes back then it's sent to treasurer and Executive Director review. Final version is presented to the board. Form 990, Part VI, Section B, Line 12c All directors, offi cers, members of committees with board delegated powers, and key employees are required to review annually their confl ict of interest questionnaire and submit a new one if they need to disclose any situation which may cause a confl ict of interest to allow an impartial and objective review by the Board. After disclosure and any discussion, the Board shall determine if a confl ict of interest exists. (Additional monitoring procedures are described in the policy.) Form 990, Part VI, Section C, Line 19 Available upon request.