Civic Intelligence

Centro Romero

EIN 36-3517408 • 501(c)3 • Chicago, IL

Profile

Assist disadvantaged residents of chicago's edgewater, rogers park, and uptown neighborhoods.

6216 N Clark StChicago, IL 60660

www.centroromero.org

Siviq Scores

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

Liabilities / Assets

76th percentile

0.35x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

32nd percentile

-3.3%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

21st percentile

-5.6%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

62nd percentile

15%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$1,322,113

Down $150,122 (-10%) from 2023

Liabilities

Down

$458,145

Down $32,874 (-6.7%) from 2023

Net Assets

Down

$863,968

Down $117,248 (-12%) from 2023

Revenue

Up

$3,806,709

Up $791,659 (+26%) from 2023

Expenses

Up

$3,931,627

Up $713,212 (+22%) from 2023

Net Income

Up

-$124,918

Up $78,447 (+39%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2020: $1,260,168Liabilities 2020: $41,873Net Assets 2020: $1,218,2952020Assets 2021: $1,544,356Liabilities 2021: $202,643Net Assets 2021: $1,341,7132021Assets 2022: $1,484,824Liabilities 2022: $223,678Net Assets 2022: $1,261,1462022Assets 2023: $1,472,235Liabilities 2023: $491,019Net Assets 2023: $981,2162023Assets 2024: $1,322,113Liabilities 2024: $458,145Net Assets 2024: $863,9682024

Highlighted filing

2024

Assets$1,322,113
Liabilities$458,145
Net Assets$863,968

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2020: $2,687,582Expenses 2020: $2,334,355Net Income 2020: $353,2272020Revenue 2021: $2,667,687Expenses 2021: $2,544,269Net Income 2021: $123,4182021Revenue 2022: $2,890,811Expenses 2022: $2,971,379Net Income 2022: -$80,5682022Revenue 2023: $3,015,050Expenses 2023: $3,218,415Net Income 2023: -$203,3652023Revenue 2024: $3,806,709Expenses 2024: $3,931,627Net Income 2024: -$124,9182024

Highlighted filing

2024

Revenue$3,806,709
Expenses$3,931,627
Net Income-$124,918

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$3,850,297
Mission and Program Overview

Mission

Assist disadvantaged residents of Chicago's Edgewater, Rogers Park, and Uptown neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$651,765$604,562▼ $47,203
Cash and Non-Interest-Bearing Accounts$332,498$446,453▲ $113,955
Land, Buildings, and Equipment, Net$166,673$116,560▼ $50,113
Prepaid Expenses and Deferred Charges$39,132$38,266▼ $866
Total Assets$1,472,235$1,322,113▼ $150,122
Other Assets Total$282,167$116,272▼ $165,895
Liabilities
Other Liabilities$447,237$419,588▼ $27,649
Accounts Payable and Accrued Expenses$43,782$38,557▼ $5,225
Total Liabilities$491,019$458,145▼ $32,874
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$741,733$624,485▼ $117,248
Net Assets With Donor Restrictions$239,483$239,483→ $0
Total Net Assets Fund Balance$981,216$863,968▼ $117,248
Total Liabilities and Net Assets / Fund Balance$1,472,235$1,322,113▼ $150,122

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$116,560$334,224$450,784
Other Assets Org$116,272--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daysi J FunesEx Officio Exec DirectorFT$78,250$78,250

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,835,205
Program Service Revenue
$1,973,356
Investment Income
$5,749
Other Revenue
$-7,601
All Other Contributions
$1,835,205
Change in Net Assets
$-124,918

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,806,709
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,806,709
Total Revenue per Form 990
$3,806,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,865,520
Other Expenses$1,066,107
Total Fundraising Expense$119,525
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,242,322$43,433$88,537$2,374,292
Fees for Services Other$237,741$9,546$5,925$253,212
Other Employee Benefits$202,954$4,880$730$208,564
Payroll Taxes$192,149$5,744$6,521$204,414
Occupancy$157,629$7,207$2,002$166,838
All Other Expenses$132,164$22,018$876$155,058
Depreciation Depletion-$90,017-$90,017
Office Expenses$76,636$2,704$1,118$80,458
Current Officers, Directors, Trustees, and Key Employees$70,425$7,825-$78,250
Other Expenses$34,430$1,784$551$36,765
Insurance$14,131$998$183$15,312
Travel$10,007$1,996$332$12,335
Advertising-$425$4,628$5,053
Total Functional Expenses$3,603,326$208,776$119,525$3,931,627

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,931,627
Total Expenses per Audited Statements$3,931,627
Total Expenses per Form 990$3,931,627
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$43,588
Fundraising Gross Income$35,987
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$35,987$35,987$43,588$-7,601
Total Events$35,987$35,987$43,588$-7,601
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Advances Over Expenses Incurred$303,664
Lease Liability, Net$115,924
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

Line 11b explanation - form 990 is reviewed by the board of directors before it is submitted.

Form 990, Part VI, Section B, Line 12C

Officers and directors are required to submit a signed written statement declaring whether or not he/she has a conflict of interest with the organization.

Form 990, Part VI, Section C, Line 18

A complete copy of form 990 and the audit report is posted on the web-site of the il attorney general. The web-site of the il attorney general is open to the general public.

Form 990, Part VI, Section C, Line 19

Disclosure of the organization's governing documents, policies, and financial statements are made available to the general public upon written request.

Filing and Contact Details

Filer

Filer Name
Centro Romero
EIN
36-3517408
Phone
7735085300
Address
6216 N CLARK ST, CHICAGO, IL 60660

Signing Officer

Name
Daysi J Funes
Title
Executive Director
Phone
7735085300
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roman Ruiz
Formed
1987
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
99
Volunteers
279

Preparer

Firm
Bg Advisors CPA Ltd
Address
1775 LEGACY CIRCLE, NAPERVILLE, IL 60563
Preparer
Sachin Gandhi
Phone
6305051081
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

OTHER ADJUSTMENT 7,670.

Financial Statement Notes

PART X, LINE 2:

Centro romero is exempt from federal taxes under section 501(c)3 of the internal revenue code. Contributions to centro romero qualify as charitable contributions under section 170(b)(1)(a). Centro romero is classified as an organization that is not a private foundation under section 509(a)(2). Centro romero's management has determined that fasb asc 740-10, which addresses accounting for uncertainty in income taxes, has no effect on its financial statements due to centro romero's tax-exempt status.

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IRS990/OccupancyGrp/FundraisingAmt02002
IRS990/OccupancyGrp/ManagementAndGeneralAmt07207
IRS990/OccupancyGrp/ProgramServicesAmt0157629
IRS990/OccupancyGrp/TotalAmt0166838
IRS990/OfficeExpensesGrp/FundraisingAmt01118
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02704
IRS990/OfficeExpensesGrp/ProgramServicesAmt076636
IRS990/OfficeExpensesGrp/TotalAmt080458
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0282167
IRS990/OtherAssetsTotalGrp/EOYAmt0116272
IRS990/OtherChangesInNetAssetsAmt07670
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0730
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04880
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0202954
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0208564
IRS990/OtherExpensesGrp/Desc0CLIENT SUPPORT
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENDITURES
IRS990/OtherExpensesGrp/Desc2MEETING EXPENSES
IRS990/OtherExpensesGrp/Desc3OFFICE SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt0235
IRS990/OtherExpensesGrp/FundraisingAmt17887
IRS990/OtherExpensesGrp/FundraisingAmt2551
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0179
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110020
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21784
IRS990/OtherExpensesGrp/ProgramServicesAmt0131001
IRS990/OtherExpensesGrp/ProgramServicesAmt161424
IRS990/OtherExpensesGrp/ProgramServicesAmt240313
IRS990/OtherExpensesGrp/ProgramServicesAmt334430
IRS990/OtherExpensesGrp/TotalAmt0131001
IRS990/OtherExpensesGrp/TotalAmt161838
IRS990/OtherExpensesGrp/TotalAmt258220
IRS990/OtherExpensesGrp/TotalAmt336765
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0447237
IRS990/OtherLiabilitiesGrp/EOYAmt0419588
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt088537
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043433
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02242322
IRS990/OtherSalariesAndWagesGrp/TotalAmt02374292
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06521
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05744
IRS990/PayrollTaxesGrp/ProgramServicesAmt0192149
IRS990/PayrollTaxesGrp/TotalAmt0204414
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0651765
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0604562
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039132
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038266
IRS990/PrincipalOfficerNm0ROMAN RUIZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT FEES AND AWAR
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01723656
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1249700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01723656
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1249700
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLIC BENEFITS PROGRAM:A TOTAL OF 3,710 FAMILY MEMBERS BENEFITED FROM ACCESSING PUBLIC BENEFITS PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0874092
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ADULT EDUCATION PROGRAMTHE ADULT EDUCATION PROGRAM SERVED 1,152 STUDENTS. THESE INCLUDE 450 ADULTS INSTRUCTED IN ENGLISH AS A SECOND LANGUAGE (ESL) AND 55 IN GENERAL EDUCATIONAL DEVELOPMENT (GED). A TOTAL OF 198 ADULTS ATTENDED CITIZENSHIP TEST PREPARATION CLASSES, 6 RECEIVED VOCATIONAL TRAINING FOR HEALTHCARE CAREERS, AND 48 YOUNG CHILDREN AND PARENTS PARTICIPATED IN FAMILY LITERACY. A TOTAL OF 175 STUDENTS RECEIVED ONE-ON-ONE TUTORING FROM TRAINED VOLUNTEERS. 120 ADULTS RECEIVED JOB-READINESS TRAINING, AND 21 STUDENTS LEARNED BASIC EDUCATION COURSES IN PREPARATION FOR GED. SIXTY-SEVEN ADULTS RECEIVED COMPUTER SKILLS TRAINING, AND ANOTHER 12 STUDENTS BECAME PROFICIENT IN BASIC COMPUTER SKILLS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0928560
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0932769
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01297298
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt0967947
IRS990/PYOtherRevenueAmt017165
IRS990/PYProgramServiceRevenueAmt01700585
IRS990/PYRevenuesLessExpensesAmt0-203365
IRS990/PYSalariesCompEmpBnftPaidAmt02250468
IRS990/PYTotalExpensesAmt03218415
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03015050
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-124918
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01835205
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01297298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01176337
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01339932
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01545469
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07194241
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05749
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05756
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99420
IRS990ScheduleA/PublicSupportPY170Pct00.98490
IRS990ScheduleA/PublicSupportTotal170Amt07158241
IRS990ScheduleA/SubstantialContributorsTotAmt036000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01835205
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01297298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01176337
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01339932
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01545469
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07194241
IRS990ScheduleA/TotalSupportAmt07199997
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03931627
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0116272
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT-OF-USE ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0116560
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0334224
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0450784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0303664
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1115924
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GRANT ADVANCES OVER EXPENSES INCURRED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY, NET
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03806709
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CENTRO ROMERO IS EXEMPT FROM FEDERAL TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. CONTRIBUTIONS TO CENTRO ROMERO QUALIFY AS CHARITABLE CONTRIBUTIONS UNDER SECTION 170(B)(1)(A). CENTRO ROMERO IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). CENTRO ROMERO'S MANAGEMENT HAS DETERMINED THAT FASB ASC 740-10, WHICH ADDRESSES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, HAS NO EFFECT ON ITS FINANCIAL STATEMENTS DUE TO CENTRO ROMERO'S TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0116560
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0116272
IRS990ScheduleD/TotalExpensesPerForm990Amt03931627
IRS990ScheduleD/TotalLiabilityAmt0419588
IRS990ScheduleD/TotalRevenuePerForm990Amt03806709
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03806709
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03931627
IRS990ScheduleG/EmailSolicitationsInd0X

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