Civic Intelligence

El Centro Hispano Inc.

990 • Fiscal year 2019 • EIN 13-4149424

Jan 01, 2019 to Dec 31, 2019 • Filed on May 15, 2020

346 South Lexington AvenueWhite Plains, NY 10606

(914) 289-0500

Siviq Scores

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

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.04x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Net Margin

92nd percentile

43%

Higher net margin than 92% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

40th percentile

$65,000

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

98th percentile

180%

Faster revenue growth than 98% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,634,174

Up $409,313 (+18%) from 2018

Net Assets

Up

$2,594,911

Up $407,945 (+19%) from 2018

Liabilities

Up

$39,263

Up $1,368 (+3.6%) from 2018

Revenue

Up

$939,542

Up $604,441 (+180%) from 2018

Expenses

Up

$531,597

Up $33,837 (+6.8%) from 2018

Net Income

Up

$407,945

Up $570,604 (+351%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $877,611Liabilities 2010: $6,740Net Assets 2010: $870,8712010Assets 2011: $1,071,324Liabilities 2011: $25,206Net Assets 2011: $1,046,1182011Assets 2012: $1,477,095Liabilities 2012: $21,806Net Assets 2012: $1,455,2892012Assets 2013: $1,814,177Liabilities 2013: $31,775Net Assets 2013: $1,782,4022013Assets 2014: $1,854,364Liabilities 2014: $12,703Net Assets 2014: $1,841,6612014Assets 2015: $1,682,383Liabilities 2015: $30,464Net Assets 2015: $1,651,9192015Assets 2016: $1,776,400Liabilities 2016: $34,497Net Assets 2016: $1,741,9032016Assets 2017: $2,352,536Liabilities 2017: $10,411Net Assets 2017: $2,342,1252017Assets 2018: $2,224,861Liabilities 2018: $37,895Net Assets 2018: $2,186,9662018Assets 2019: $2,634,174Liabilities 2019: $39,263Net Assets 2019: $2,594,9112019Assets 2020: $3,115,412Liabilities 2020: $108,484Net Assets 2020: $3,006,9282020Assets 2021: $3,773,941Liabilities 2021: $21,539Net Assets 2021: $3,752,4022021Assets 2022: $4,756,115Liabilities 2022: $878,390Net Assets 2022: $3,877,7252022Assets 2023: $6,317,328Liabilities 2023: $928,064Net Assets 2023: $5,389,2642023Assets 2024: $6,743,213Liabilities 2024: $927,549Net Assets 2024: $5,815,6642024

Highlighted filing

2019

Assets$2,634,174
Liabilities$39,263
Net Assets$2,594,911

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $355,6532010Expenses 2011: $388,6362011Expenses 2012: $436,1922012Revenue 2013: $728,861Expenses 2013: $479,659Net Income 2013: $249,2022013Revenue 2014: $600,251Expenses 2014: $518,689Net Income 2014: $81,5622014Revenue 2015: $398,678Expenses 2015: $494,383Net Income 2015: -$95,7052015Revenue 2016: $534,484Expenses 2016: $469,804Net Income 2016: $64,6802016Revenue 2017: $973,043Expenses 2017: $498,391Net Income 2017: $474,6522017Revenue 2018: $335,101Expenses 2018: $497,760Net Income 2018: -$162,6592018Revenue 2019: $939,542Expenses 2019: $531,597Net Income 2019: $407,9452019Revenue 2020: $1,078,210Expenses 2020: $666,193Net Income 2020: $412,0172020Revenue 2021: $1,254,183Expenses 2021: $508,709Net Income 2021: $745,4742021Revenue 2022: $759,519Expenses 2022: $634,196Net Income 2022: $125,3232022Revenue 2023: $2,190,666Expenses 2023: $679,068Net Income 2023: $1,511,5982023Revenue 2024: $1,190,388Expenses 2024: $812,145Net Income 2024: $378,2432024

Highlighted filing

2019

Revenue$939,542
Expenses$531,597
Net Income$407,945
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 15, 2020
Return Version
2019v5.1
Gross Receipts
$1,006,881
Mission and Program Overview

Mission

To assist the hispanic community of white plains and westchester county in their integration into american society while honoring and strengthening their own culture.

Provide educational and safety, afterschool tutoring, computer classes, housing and employment services

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,940,537$2,219,321▲ $278,784
Savings and Temporary Cash Investments$219,714$332,534▲ $112,820
Pledges and Grants Receivable$47,758$77,713▲ $29,955
Prepaid Expenses and Deferred Charges$820$2,798▲ $1,978
Land, Buildings, and Equipment, Net$16,032$1,808▼ $14,224
Total Assets$2,224,861$2,634,174▲ $409,313
Liabilities
Deferred Revenue$30,000$30,000→ $0
Accounts Payable and Accrued Expenses$7,895$9,263▲ $1,368
Total Liabilities$37,895$39,263▲ $1,368
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,069,466$2,479,511▲ $410,045
Net Assets With Donor Restrictions$117,500$115,400▼ $2,100
Total Net Assets Fund Balance$2,186,966$2,594,911▲ $407,945
Total Liabilities and Net Assets / Fund Balance$2,224,861$2,634,174▲ $409,313

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,808$232,816-
Equipment-$16,395-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$345,984$10,000▲ $72,709-$394,858
2018$372,004$11,100▼ $20,020-$345,984
2017$147,113$228,074▲ $17,020-$372,007
2016$145,209$6,506▲ $12,898-$147,113
2015$129,942$31,998▼ $2,131-$145,209
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
H Judith AucarDeputy DirectorFT$65,000$65,000
Isabel VillarExecutive DirectorFT$53,000$53,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$347,751
Program Service Revenue
$67,870
Investment Income
$306,782
Other Revenue
$217,139
All Other Contributions
$142,050
Change in Net Assets
$407,945

Audited Revenue Reconciliation

Revenue per Audited Statements
$939,542
Revenue Not Reported on Form 990
$19,200
Total Revenue per Audited Statements
$958,742
Total Revenue per Form 990
$939,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$335,229
Other Expenses$136,743
Grants and Similar Amounts Paid$59,625
Total Fundraising Expense$17,985
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$191,173--$191,173
Current Officers, Directors, Trustees, and Key Employees$91,000$15,000$12,000$118,000
Grants to Domestic Orgs$59,625--$59,625
Payroll Taxes$21,609$1,149$919$23,677
All Other Expenses$15,896$6,469-$22,365
Fees for Services Other$6,413$10,136$4,137$20,686
Fees for Services Accounting-$20,400-$20,400
Occupancy$12,510$5,362-$17,872
Depreciation Depletion$9,957$4,267-$14,224
Office Expenses$12,218$671$538$13,427
Other Expenses$6,785$373$298$7,456
Insurance$4,810$2,062-$6,872
Other Employee Benefits$2,171$115$93$2,379
Total Functional Expenses$444,427$69,185$17,985$531,597

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$550,797
Expenses per Audited Statements$531,597
Total Expenses per Form 990$531,597
Expenses Not Reported on Form 990$19,200
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$264,722
Fundraising Direct Expenses$47,583
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
All Fund Act----
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
Yes
Business relationship with 35% controlled entity
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

Members or stockholder classes and rights Part VI line 6

Organization is a membership organization under the not-for-profit laws of new york state. Members may join the organization and vote in the election of the board of directors. The board of directors govern the organization and their actions are not subject to specific approval of individual members.

Member election for additional members Part VI line 7A

Members of the non-profit organization elect the board.

Committee meeting documentation Part VI line 8B

The board of directors has not appointed sub-committees or commissions to act on its behalf. All organizational matters requiring approval are presented to the board, and in the case of an action requiring approval prior to a regularly scheduled board meeting, a special meeting of the is arranged.

Form 990 governing body review Part VI line 11

Drafts of the financial statements and form 990 were included for review and approval at a regularly scheduled board of trustees meeting. The executive director and deputy executive director were authorized to sign the returns. The form 990 return is also available on www.guidestar.org.

Conflict of interest policy compliance Part VI line 12C

The organization has a conflict of interest policy in place. This policy is maintained and updated annual with the members of the board.

CEO executive director top management comp Part VI line 15A

Annually the board of directors reviews the executive director and deputy exectutive directors compensation. Salary information about compensation of similar organizations is accumulated and considered by the board, along with the limited resources of the organization that are available for operations. The boards final decision is documented in the minutes of the board meeting.

Other officer or key employee compensation Part VI line 15B

Annually the board of directors reviews the executive director and deputy exectutive directors compensation. Salary information about compensation of similar organizations is accumulated and considered by the board, along with the limited resources of the organization that are available for operations. The boards final decision is documented in the minutes of the board meeting.

Form 990 availability to public Part VI line 18

The organization makes its documents available for public inspection upon request at its corporate offices at 346 south lexington avenue white plains ny 10606. In addition the irs form 990 can be viewed on the nys attorney generals charities website and www.guidestar.com.

Governing documents etc available to public Part VI line 19

The organization makes its documents available for public inspection upon request at its corporate offices at 346 south lexington avenue white plains ny 10606

Filing and Contact Details

Filer

Filer Name
El Centro Hispano Inc
EIN
13-4149424
Address
346 SOUTH LEXINGTON AVENUE, WHITE PLAINS, NY 10606

Signing Officer

Name
Isabel Villar
Title
Executive Direc
Phone
9142890500
Signed
2020-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
23
Volunteers
65

Preparer

Firm
Steven Edwards CPA Pc
Address
300 HAMILTON AVE - STE 304, WHITE PLAINS, NY 10601
Preparer
Steven Edwards
Phone
9143585351
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0YOUTH EDUCATION & ENRICHMENT PROGRAMMING. WE SERVED K-12 STUDENTS. K & 1ST GRADERS WITH EARLY LITERACY INSTRUCTION, 2ND & 3RD GRADERS AT OUR SUMMER LITERACY ACADEMY, 4TH & 5TH GRADERS ON SATURDAYS IN OUR COMPUTER LAB WITH CULTURE THROUGH TECHNOLOGY AND STUDY SKILLS. IN OUR UNIQUE MI HERMANA MAYOR AND MI HERMANO MAYOR PROGRAMS, 6TH GRADERS RECEIVE TUTORING AND MENTORING SUPPORT FROM COLLEGE AND HIGH SCHOOL-AGE OLDER SISTERS AND OLDER BROTHERS. ON-SITE TUTORING AT THE WHITE PLAINS HIGH SCHOOL HELPS NEWLY ARRIVED TEENS ADJUST AND WORK TOWARDS COMPLETION OF THEIR STUDIES. SATURDAY ACADEMY, A COLLABORATION WITH ARCHBISHOP STEPINAC HIGH SCHOOL, WHITE PLAINS, NEW YORK PROVIDES TUTORING AND SUPPORT FOR 7TH GRADERS TO HIGH SCHOOL IN THE STEPINAC COMPUTER LAB.
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IRS990/ProgSrvcAccomActy3Grp/Desc0COMPUTER CLASSES FOR ADULTS. WE PROVIDED COMPUTER CLASSES FOR ADULT LEARNERS, WHO WERE INSTRUCTED IN THREE INCREASINGLY ADVANCED LEVELS OF MICROSOFT OFFICE SOFTWARE. THIS YEAR WE ADDED A FOURTH CLASS ON MS ACCESS. EACH CLASS MEETS IN THE EVENING OR ON SATURDAYS FOR 64 CLASS HOURS OVER A 16-WEEK SEMESTER, RESULTING IN A COMPLETION CERTIFICATE. THESE CLASSES ALLOW ADULTS TO QUALIFY FOR BETTER-PAYING JOBS OR HELP THEM RUN THEIR OWN BUSINESSES. EVEN OUR MOST BASIC COURSE GIVES JOB SEEKERS THE COMPUTER AND INTERNET SKILLS NECESSARY TO APPLY FOR JOBS ON- LINE, AND HELP PARENTS ASSIST CHILDREN WITH COMPUTER-BASED HOMEWORK AND ACCESS THE WHITE PLAINS SCHOOLS WEBSITE FOR ASSIGNMENTS AND TEACHER COMMUNICATIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt057776
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.74$0.93$5.82$1.19$0.81$0.38
2023Summary only. Only limited summary data is available for this year.$6.32$0.93$5.39$2.19$0.68$1.51
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$0.88$3.88$0.76$0.63$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$0.02$3.75$1.25$0.51$0.75
2020Summary only. Only limited summary data is available for this year.$3.12$0.11$3.01$1.08$0.67$0.41
2019Detailed filing. Detailed filing data is available for this year.$2.63$0.04$2.59$0.94$0.53$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.04$2.19$0.34$0.50$0.16
2017Summary only. Only limited summary data is available for this year.$2.35$0.01$2.34$0.97$0.50$0.47
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.03$1.74$0.53$0.47$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.03$1.65$0.40$0.49$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.85$0.01$1.84$0.60$0.52$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.81$0.03$1.78$0.73$0.48$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.02$1.46$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.03$1.05$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.01$0.87$0.36