Prospanica
The organization's mission is to empower and enable hispanic professionals to achieve their full educational, economic, and social potential.
Prospanica at a glance
- Total assets
- $4,853,983
- -24.5% vs 2023
- Revenue (2024)
- $2,107,940
- -25.5% vs 2023
- Net investment income (2024)
- $260,383
- -38.9% vs 2023
- Expenses (2024)
- $3,577,944
- +5.4% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Prospanica funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Prospanica gives
- Giving fell 99% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $11K (2023) to $1.2M (2020). In 2023 it made 1 grant totaling $11K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hispa Inc Princeton, NJ | Hispa Partnership | $10,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $4,853,983 | $2,107,940 | $3,577,944 | — | — | $260,383 |
| 2023 | $6,428,954 | $2,828,553 | $3,394,198 | $10,500 | 1 | $426,325 |
| 2022 | $6,699,423 | $3,018,756 | $2,789,452 | — | — | $206,465 |
| 2021 | $7,010,491 | $398,323 | $660,383 | — | — | $153,106 |
| 2020 | $5,525,700 | $317,496 | $1,447,848 | $1,181,556 | 1 | $219,543 |
About Prospanica
Based on IRS filings
Prospanica is a public charity, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. Net investment income was $260K.
Leadership & Key People
Officers and directors from IRS filings
Prospanica is led by Thomas Savino, CEO on every filing since 2020; 4 of 12 officers listed in 2024 are compensated.
Officers on the 2024 filing
Thomas Savino
CEO
On filings since 2020
40 hrs/week
$340K (2022) → $313K (2024)
Janet Simms
Chairman
On filings since 2020
2 hrs/week
No compensation reported
Bill Schwartz
Director
On filings since 2022
2 hrs/week
No compensation reported
Elyse Estrada
Director
On filings since 2022
2 hrs/week
No compensation reported
Joe Zubi
Director
On filings since 2023
2 hrs/week
No compensation reported
Kirk Santor
Director
On filings since 2023
2 hrs/week
No compensation reported
Amanda Tovar
COO
On filings since 2023
40 hrs/week
$12K (2023) → $200K (2024)
Maria Lima
Vice President of Finance
On filings since 2023
40 hrs/week
$101K (2023) → $150K (2024)
Esther Gonzalez
Vp-Programs & Partn
New on the 2024 filing
40 hrs/week
$150K (2024)
Raquel Santiago-Martinez
Treasurer
Director → Treasurer, 2022
On filings since 2020
2 hrs/week
No compensation reported
Erika Cramer
Secretary
Director → Secretary, 2023
On filings since 2022
2 hrs/week
No compensation reported
Jim Huerta
Vice Chair
On filings since 2022
2 hrs/week
No compensation reported
Former officers (4)
- Former: Val Rupp (2020–2022) — Director · Filing note: From 82020
- Former: Judith Garcia Galiana (2022) — Secretary
- Former: Monica Puente (2020–2021) — Vp-Finance
- Former: Juan Lopez (2020) — Director · Filing note: Thru 72020
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $313K, to Thomas Savino (CEO). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Prospanica
How large is Prospanica?
Prospanica reported $4.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.1M.
Where does Prospanica operate?
Prospanica has awarded grants in New Jersey, Texas.
What is Prospanica's EIN?
Prospanica's EIN (Employer Identification Number) is 95-4196238. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 9, 2021)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 24, 2024)
- IRS filings on file for fiscal years 2020–2024
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Prospanica down — hundreds of funders to go?