Civic Intelligence

Centro Comunitario Afe Inc.

EIN 27-1497873 • 501(c)3 • Hialeah, FL

Pub. 78 Eligible

Profile

To provide Food and assistance for families in need

3334 W 90th StreetHialeah, FL 33018

centrofe.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.32x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.03x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

31st percentile

-9.7%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

23rd percentile

-39%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

-34%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$17,030

Down $10,808 (-39%) from 2022

Liabilities

Up

$5,532

Up $5,532 from 2022

Net Assets

Down

$11,498

Down $16,340 (-59%) from 2022

Revenue

Down

$167,904

Down $86,014 (-34%) from 2022

Expenses

Down

$184,244

Down $42,747 (-19%) from 2022

Net Income

Down

-$16,340

Down $43,267 (-161%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0-$10KAssets 2020: -$923Liabilities 2020: $0Net Assets 2020: -$9232020Assets 2021: $3,804Liabilities 2021: $2,893Net Assets 2021: $9112021Assets 2022: $27,838Liabilities 2022: $0Net Assets 2022: $27,8382022Assets 2023: $17,030Liabilities 2023: $5,532Net Assets 2023: $11,4982023

Highlighted filing

2023

Assets$17,030
Liabilities$5,532
Net Assets$11,498

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2020: $207,252Expenses 2020: $210,820Net Income 2020: -$3,5682020Revenue 2021: $199,867Expenses 2021: $199,486Net Income 2021: $3812021Revenue 2022: $253,918Expenses 2022: $226,991Net Income 2022: $26,9272022Revenue 2023: $167,904Expenses 2023: $184,244Net Income 2023: -$16,3402023

Highlighted filing

2023

Revenue$167,904
Expenses$184,244
Net Income-$16,340

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 12, 2024
Return Version
2023v4.0
Gross Receipts
$167,904
Mission and Program Overview

Mission

To provide Food and assistance for families in need

Provide assistence for families

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$13,676$13,674▼ $2
Cash and Non-Interest-Bearing Accounts$14,162$3,356▼ $10,806
Total Assets$27,838$17,030▼ $10,808
Liabilities
Accounts Payable and Accrued Expenses-$5,532-
Total Liabilities$0$5,532▲ $5,532
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$27,838$11,498▼ $16,340
Total Net Assets Fund Balance$27,838$11,498▼ $16,340
Total Liabilities and Net Assets / Fund Balance$27,838$17,030▼ $10,808
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ruben GimenezPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$167,904
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$167,904
Change in Net Assets
$-16,340
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,252
Salaries, Compensation, and Employee Benefits$21,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$43,699--$43,699
All Other Expenses$23,016--$23,016
Other Salaries and Wages$20,000--$20,000
Conferences and Meetings$9,259--$9,259
Advertising$6,421--$6,421
Travel$3,199--$3,199
Fees for Services Accounting$2,137--$2,137
Payroll Taxes$1,992--$1,992
Office Expenses$641--$641
Total Functional Expenses$184,244$0$0$184,244
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

Yes The organization does not have stockholders, It has members.

Member election for additional members Part VI line 7A

7a. Yes The members of the organization elect the menbers of BOARD

Form 990 governing body review Part VI line 11

Yes Form 990 is reviewed by the President, Chief Executive Officer and the organizations bookkeeper.

Governing documents etc available to public Part VI line 19

Centro Comunitario AFE maintains copies of the Form 990 And are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Centro Comunitario AFE Inc
EIN
27-1497873
Address
3334 W 90TH STREET, Hialeah, FL 33018

Signing Officer

Name
Ruben Gimenez
Title
president
Phone
7863170554
Signed
2024-02-12
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Cordero & Regnault CPA PA
Address
7950 NW 53rd St Suite 245, Miami, FL 33166
Preparer
Alfonso Cordero
Phone
3055994111
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

OTHER EXPENSES 21,245

Raw XML Appendix264 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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