Civic Intelligence

Centro Las Americas Inc.

990 • Fiscal year 2019 • EIN 04-2714991

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 27, 2019

11 Sycamore StreetWorcester, MA 01608

(508) 798-1900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.37x

Higher debt load relative to assets than 69% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

34th percentile

0.08x

Higher debt load relative to revenue than 34% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

40th percentile

0.2%

Higher net margin than 40% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$164,744

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

19th percentile

-4.3%

Faster asset growth than 19% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

48th percentile

3.0%

Faster revenue growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,712,037

Down $76,901 (-4.3%) from 2018

Net Assets

Up

$1,079,382

Up $327,007 (+43%) from 2018

Liabilities

Down

$632,655

Down $403,908 (-39%) from 2018

Revenue

Up

$7,573,631

Up $217,912 (+3.0%) from 2018

Expenses

Up

$7,555,182

Up $112,847 (+1.5%) from 2018

Net Income

Up

$18,449

Up $105,065 (+121%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $415,372Liabilities 2010: $134,272Net Assets 2010: $281,1002010Assets 2011: $469,391Liabilities 2011: $184,907Net Assets 2011: $284,4842011Assets 2012: $497,499Liabilities 2012: $254,082Net Assets 2012: $243,4172012Assets 2013: $620,546Liabilities 2013: $301,924Net Assets 2013: $318,6222013Assets 2014: $878,770Liabilities 2014: $407,207Net Assets 2014: $471,5632014Assets 2015: $1,158,883Liabilities 2015: $377,942Net Assets 2015: $780,9412015Assets 2016: $1,581,523Liabilities 2016: $963,022Net Assets 2016: $618,5012016Assets 2017: $1,795,660Liabilities 2017: $956,669Net Assets 2017: $838,9912017Assets 2018: $1,788,938Liabilities 2018: $1,036,563Net Assets 2018: $752,3752018Assets 2019: $1,712,037Liabilities 2019: $632,655Net Assets 2019: $1,079,3822019Assets 2020: $2,908,116Liabilities 2020: $1,451,863Net Assets 2020: $1,456,2532020Assets 2021: $2,893,026Liabilities 2021: $960,382Net Assets 2021: $1,932,6442021Assets 2022: $3,132,302Liabilities 2022: $1,632,702Net Assets 2022: $1,499,6002022Assets 2023: $4,570,093Liabilities 2023: $2,787,337Net Assets 2023: $1,782,7562023Assets 2024: $3,733,863Liabilities 2024: $2,054,992Net Assets 2024: $1,678,8712024Assets 2025: $3,163,773Liabilities 2025: $2,021,306Net Assets 2025: $1,142,4672025

Highlighted filing

2019

Assets$1,712,037
Liabilities$632,655
Net Assets$1,079,382

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $851,0362010Revenue 2011: $1,067,802Expenses 2011: $1,064,418Net Income 2011: $3,3842011Expenses 2012: $1,202,5262012Revenue 2013: $1,741,796Expenses 2013: $1,666,591Net Income 2013: $75,2052013Revenue 2014: $3,108,229Expenses 2014: $2,955,288Net Income 2014: $152,9412014Revenue 2015: $5,962,866Expenses 2015: $5,653,488Net Income 2015: $309,3782015Revenue 2016: $7,322,545Expenses 2016: $7,484,985Net Income 2016: -$162,4402016Revenue 2017: $7,836,588Expenses 2017: $7,616,098Net Income 2017: $220,4902017Revenue 2018: $7,355,719Expenses 2018: $7,442,335Net Income 2018: -$86,6162018Revenue 2019: $7,573,631Expenses 2019: $7,555,182Net Income 2019: $18,4492019Revenue 2020: $8,683,588Expenses 2020: $8,306,717Net Income 2020: $376,8712020Revenue 2021: $9,836,698Expenses 2021: $9,360,307Net Income 2021: $476,3912021Revenue 2022: $10,598,181Expenses 2022: $11,031,225Net Income 2022: -$433,0442022Revenue 2023: $12,544,292Expenses 2023: $12,260,736Net Income 2023: $283,5562023Revenue 2024: $12,247,825Expenses 2024: $12,285,346Net Income 2024: -$37,5212024Revenue 2025: $12,833,354Expenses 2025: $12,930,456Net Income 2025: -$97,1022025

Highlighted filing

2019

Revenue$7,573,631
Expenses$7,555,182
Net Income$18,449
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 27, 2019
Return Version
2018v3.1
Gross Receipts
$7,573,631
Mission and Program Overview

Mission

To create a fully-integrated multi-cultural, multi-linguistic health and human services delivery system, while developing long-term economic strength and sustainability.

To provide strength and unity within the latino community of worcester, massachusetts through services that address the social, economic, cultural, recreational, educational, and political problems within the city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$754,880$1,230,020▲ $475,140
Land, Buildings, and Equipment, Net$902,190$354,701▼ $547,489
Prepaid Expenses and Deferred Charges$49,088$67,570▲ $18,482
Cash and Non-Interest-Bearing Accounts$82,780$59,746▼ $23,034
Total Assets$1,788,938$1,712,037▼ $76,901
Liabilities
Accounts Payable and Accrued Expenses$325,022$408,739▲ $83,717
Unsecured Notes Loans Payable$672,691$185,216▼ $487,475
Deferred Revenue$38,850$38,700▼ $150
Total Liabilities$1,036,563$632,655▼ $403,908
Net Assets / Fund Balance
Unrestricted Net Assets$748,397$1,075,404▲ $327,007
Temporarily Rstr Net Assets$3,978$3,978→ $0
Total Net Assets Fund Balance$752,375$1,079,382▲ $327,007
Total Liabilities and Net Assets / Fund Balance$1,788,938$1,712,037▼ $76,901

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$90,804$447,872$538,676
Other Land Buildings$58,904$123,641$182,545
Equipment$11,693$157,690$169,383
Leasehold Improvements$94,128$21,897$116,025
Land$99,172-$99,172
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Juan GomezPresident &FT$164,744$164,744
Juan GomezPresident & CEO-$164,744$164,744

Board Members and Trustees

NameTitle
Richard J Rafferty JrChairperson
Ana MarchanDirector
Andy HowarthDirector
Bruce a RawanDirector
Kola AkindeleDirector
Margarita PerezDirector
Maria Rivera-cottoDirector
Noel NievesDirector
Osvaldo RodriguezDirector
Ross DickDirector
Maury RamirezAsstnt Clerk
George CoxClerk
Columbus N OkaiTreasurer
Maria ScozzafavaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$59,467
Program Service Revenue
$7,502,564
Investment Income
$67
Other Revenue
$11,533
All Other Contributions
$59,467
Change in Net Assets
$18,449

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,573,631
Revenue Not Reported on Form 990
$115,187
Total Revenue per Audited Statements
$7,688,818
Total Revenue per Form 990
$7,573,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,804,847
Grants and Similar Amounts Paid$3,014,653
Other Expenses$735,682
Total Fundraising Expense$109,751
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,014,653--$3,014,653
Other Salaries and Wages$2,371,522$489,202$78,383$2,939,107
Other Employee Benefits$293,032$86,452$9,572$389,056
Payroll Taxes$244,043$58,603$9,294$311,940
Fees for Services Other$119,552$113,543$935$234,030
Current Officers, Directors, Trustees, and Key Employees-$164,744-$164,744
Occupancy$111,339$2,053$2,596$115,988
Travel$87,196$1,991$687$89,874
Insurance$17,709$9,213$508$27,430
Depreciation Depletion$12,429$14,620$191$27,240
All Other Expenses$16,519$6,659$553$23,731
Office Expenses$18,992$3,055$1,426$23,473
Other Expenses$19,133$2,565$659$22,357
Conferences and Meetings$9,690$9,199$485$19,374
Fees for Services Accounting-$13,500-$13,500
Interest-$6,477-$6,477
Advertising$2,350$838$72$3,260
Total Functional Expenses$6,444,755$1,000,676$109,751$7,555,182

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,670,369
Expenses per Audited Statements$7,555,182
Total Expenses per Form 990$7,555,182
Expenses Not Reported on Form 990$115,187
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has members.

Form 990, Page 6, Part VI, Line 7A

The members of the organization's governing body, which is its board of directors, may elect new members to the board.

Form 990, Page 6, Part VI, Line 11B

The 990 is presented to the organization's ceo and board of directors, and is reviewed before it is filed.

Form 990, Page 6, Part VI, Line 12C

Each member of the board is well apprised of the organization's conflict of interest policy. New members are made aware of it through various new member orientaion procedures. All members are required to inform the organization of changes in thir own conflict of interest status.

Form 990, Page 6, Part VI, Line 15A

All compensation matters for key management and executive positions are handled by an adhoc personnel committee or, in its absence, the executive committee of the organization.

Form 990, Page 6, Part VI, Line 15B

All compensation matters for key management and executive positions are handled by an adhoc personnel committee or, in its absence, the executive committee of the organization.

Form 990, Page 6, Part VI, Line 19

By virtue of a copy of the federal form 990 having accompany ma form pc submitted to the attorney general, division of public charities, which is a public document, such matters as a conflict of interest policy and the like are in turn readily available to the public.

Filing and Contact Details

Filer

Filer Name
Centro Las Americas Inc
EIN
04-2714991
Phone
5087981900
Address
11 SYCAMORE STREET, WORCESTER, MA 01608

Signing Officer

Name
Juan Gomez
Title
President & CEO
Phone
5087981900
Signed
2019-12-27

Organization Details

Principal Officer
Juan Gomez
Formed
1977
Voting Board Members
15
Independent Board Members
14
Employees
101
Volunteers
15

Preparer

Firm
M Love & Associates LLC
Address
67 MILLBROOK STREET, WORCESTER, MA 01606
Preparer
Mark L Love CPA
Phone
5087975200
Supplemental Narrative

Additional Explanations

Form 990, Part XI

The subsidary filed a separate form 990 for 06/30/18. The amount reflects the impact of the separately filed tax return.

Form 990, Part XI, Line 9

Net asset deficit of subsidiary filing separate 308,558

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT &
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IRS990/Form990PartVIISectionAGrp/TitleTxt3CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSTNT CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt017,521
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1PART II LINE 10 OTHER INCOME INCLUDES FREE RESPITE CARE AS PART OF AN AGREEMENT WITH THE COMMONWEALTH OF MASSACHUSETT, AS WELL AS INSURANCE REFUNDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt049734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt027677
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017926
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt061
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt055
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017926
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0164614
IRS990ScheduleA/TotalSupportAmt0182506
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt090804
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0447872
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0538676
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0115187
IRS990ScheduleD/DonatedServicesUseFcltsAmt0115187
IRS990ScheduleD/EquipmentGrp/BookValueAmt011693
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0157690
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IRS990ScheduleD/LandGrp/BookValueAmt099172
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt099172
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt094128
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt021897
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0116025
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt058904
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0123641
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0182545
IRS990ScheduleD/RevenueNotReportedAmt0115187
IRS990ScheduleD/RevenueSubtotalAmt07573631
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0354701

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.16$2.02$1.14$12.8$12.9$0.10
2024Detailed filing. Detailed filing data is available for this year.$3.73$2.05$1.68$12.2$12.3$0.04
2023Detailed filing. Detailed filing data is available for this year.$4.57$2.79$1.78$12.5$12.3$0.28
2022Detailed filing. Detailed filing data is available for this year.$3.13$1.63$1.50$10.6$11.0$0.43
2021Detailed filing. Detailed filing data is available for this year.$2.89$0.96$1.93$9.84$9.36$0.48
2020Detailed filing. Detailed filing data is available for this year.$2.91$1.45$1.46$8.68$8.31$0.38
2019Detailed filing. Detailed filing data is available for this year.$1.71$0.63$1.08$7.57$7.56$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.79$1.04$0.75$7.36$7.44$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.80$0.96$0.84$7.84$7.62$0.22
2016Summary only. Only limited summary data is available for this year.$1.58$0.96$0.62$7.32$7.48$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.16$0.38$0.78$5.96$5.65$0.31
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.41$0.47$3.11$2.96$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.30$0.32$1.74$1.67$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.25$0.24$1.20
2011Summary only. Only limited summary data is available for this year.$0.47$0.18$0.28$1.07$1.06$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.13$0.28$0.85
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $5M-$10M nonprofits