Civic Intelligence

Centro Community Partners

990 • Fiscal year 2017 • EIN 45-2992960

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

Organization Profilewww.centrocommunity.org

View Organization Page

825 Washington St 228Oakland, CA 94607

(510) 556-4249

Siviq Scores

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

Liabilities / Assets

87th percentile

0.34x

Higher debt load relative to assets than 87% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

52nd percentile

4.1%

Higher net margin than 52% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$62,001

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

42nd percentile

-1.3%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$147,186

Down $1,898 (-1.3%) from 2016

Net Assets

Up

$97,045

Up $7,023 (+7.8%) from 2016

Liabilities

Down

$50,141

Down $8,921 (-15%) from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin52nd percentile

Revenue

Down

$461,936

Down $61,300 (-12%) from 2016

Expenses

Down

$443,172

Down $31,912 (-6.7%) from 2016

Net Income

Down

$18,764

Down $29,388 (-61%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $29,185Liabilities 2013: $14,490Net Assets 2013: $14,6952013Assets 2014: $26,988Liabilities 2014: $20,4132014Assets 2015: $65,557Liabilities 2015: $23,687Net Assets 2015: $41,8702015Assets 2016: $149,084Liabilities 2016: $59,062Net Assets 2016: $90,0222016Assets 2017: $147,186Liabilities 2017: $50,141Net Assets 2017: $97,0452017Assets 2018: $94,924Liabilities 2018: $20,817Net Assets 2018: $74,1072018Assets 2019: $362,379Liabilities 2019: $37,885Net Assets 2019: $324,4942019Assets 2020: $669,400Liabilities 2020: $135,276Net Assets 2020: $534,1242020Assets 2021: $1,288,160Liabilities 2021: $133,682Net Assets 2021: $1,154,4782021Assets 2022: $2,833,662Liabilities 2022: $95,028Net Assets 2022: $2,738,6342022Assets 2023: $2,589,838Liabilities 2023: $95,096Net Assets 2023: $2,494,7422023Assets 2024: $3,078,130Liabilities 2024: $87,330Net Assets 2024: $2,990,8002024

Highlighted filing

2017

Assets$147,186
Liabilities$50,141
Net Assets$97,045
Open 2017 Filing

Operations Trend

Revenue Growth31st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $100,411Expenses 2013: $75,133Net Income 2013: $25,2782013Revenue 2014: $162,694Expenses 2014: $159,830Net Income 2014: $2,8642014Revenue 2015: $433,054Expenses 2015: $401,990Net Income 2015: $31,0642015Revenue 2016: $523,236Expenses 2016: $475,084Net Income 2016: $48,1522016Revenue 2017: $461,936Expenses 2017: $443,172Net Income 2017: $18,7642017Revenue 2018: $470,561Expenses 2018: $493,499Net Income 2018: -$22,9382018Revenue 2019: $835,721Expenses 2019: $585,334Net Income 2019: $250,3872019Revenue 2020: $971,435Expenses 2020: $761,805Net Income 2020: $209,6302020Revenue 2021: $1,589,193Expenses 2021: $968,839Net Income 2021: $620,3542021Revenue 2022: $2,926,541Expenses 2022: $1,342,385Net Income 2022: $1,584,1562022Revenue 2023: $1,320,793Expenses 2023: $1,564,685Net Income 2023: -$243,8922023Revenue 2024: $2,171,374Expenses 2024: $1,679,501Net Income 2024: $491,8732024

Highlighted filing

2017

Revenue$461,936
Expenses$443,172
Net Income$18,764
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$467,885
Mission and Program Overview

Mission

Centro Community Partners (Centro) provides the underserved, low income entrepreneurs with entrepreneurship education, one-on-one business advising, mentorship, and access to capital.

To provide services to low income entrepreneurs with education business advising mentorship and access to capital

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$125,000$0▼ $125,000
Cash and Non-Interest-Bearing Accounts$21,498$109,935▲ $88,437
Accounts Receivable$1,400$35,652▲ $34,252
Loans From Officers Directors-$12,531-
Land, Buildings, and Equipment, Net$1,185$1,599▲ $414
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$149,083$147,186▼ $1,897
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$27,008$23,021▼ $3,987
Unsecured Notes Loans Payable$32,053$14,589▼ $17,464
Total Liabilities$59,061$50,141▼ $8,920
Net Assets / Fund Balance
Temporarily Rstr Net Assets$130,177$240,000▲ $109,823
Unrestricted Net Assets$-40,155$-142,955▼ $102,800
Total Net Assets Fund Balance$90,022$97,045▲ $7,023
Total Liabilities and Net Assets / Fund Balance$149,083$147,186▼ $1,897

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,599$2,284$3,883
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Arturo NoriegaExecutive DirectorFT$62,001$62,001
Naldo PeliksCOOFT$62,001$62,001

Board Members and Trustees

NameTitle
Carly PerreraDirector
Simone HarveyDirector
Steve PetersenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$416,531
Program Service Revenue
$48,231
Investment Income
$21
Other Revenue
$-2,847
All Other Contributions
$416,531
Change in Net Assets
$18,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$279,787
Salaries, Compensation, and Employee Benefits$163,385
Total Fundraising Expense$84,662
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$120,734$18,433$31,572$170,739
Current Officers, Directors, Trustees, and Key Employees$77,973$30,968$42,628$151,569
Occupancy$12,684$6,652$4,435$23,771
Travel$16,841$2,763$571$20,175
Payroll Taxes$5,989$2,896$2,931$11,816
All Other Expenses$5,160$6,118$243$11,521
Advertising$1,281$7,099$866$9,246
Fees for Services Accounting-$6,669-$6,669
Other Expenses$70$3,414$500$3,984
Interest-$3,753-$3,753
Insurance-$1,719-$1,719
Depreciation Depletion-$894-$894
Total Functional Expenses$249,237$109,273$84,662$443,172
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,949
Fundraising Gross Income$3,102
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$12,531-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 reviewed by Executive Director, COO and Finance before filing.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation survey or study; approval by the board.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Available upon request”

Filing and Contact Details

Filer

Filer Name
Centro Community Partners
EIN
45-2992960
Phone
5105564249
Address
825 Washington St 228, Oakland, CA 94607

Signing Officer

Name
Arturo Noriega
Title
Executive Director
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arturo Noriega
Formed
2011
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
2
Volunteers
14

Preparer

Firm
Iryna Ac
Address
1000 Broadway 200-G, Oakland, CA 94607
Preparer
Iryna Oreshkova CPA
Phone
5104679506
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IRS990/ProgSrvcAccomActy2Grp/Desc0Mobile App Entrepreneurship is a free mobile self-pace tool that walks entrepreneurs through a series of fun activities to produce a micro-loan ready business plan. It is offered in English, Spanish, Russian and Portuguese, and has delivered over 2,500 business plans in 156 countries. In addition, Entrepreneurship Suite (E-Suite) combines Centros mobile BPA, entrepreneurship and financial literacy curriculum, facilitators guide and an online train-the-trainer program to enable non-profit with the ability to provide an affordable, effective and scalable training program.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt062040
IRS990/ProgSrvcAccomActy3Grp/Desc0Advanced Entrepreneurship Readiness Program (ERP is created for those who have completed a basic entrepreneurship program or similar training, have a portfolio of products or services, and want help developing a business model they can act upon. The ERP is a 14-week in-class program that prepares entrepreneurs to launch and grow their businesses. Each entrepreneur is paired with a MBA student advisor and creates a business plan, financials, and growth plan to reach $100,000 in revenue within three years.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt057799
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt06186
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0435403
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt081159
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0352626
IRS990/PYProgramServiceRevenueAmt087833
IRS990/PYRevenuesLessExpensesAmt048152
IRS990/PYSalariesCompEmpBnftPaidAmt041299
IRS990/PYTotalExpensesAmt0475084
IRS990/PYTotalRevenueAmt0523236
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt018764
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt042045
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0416531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0435403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0354106
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt080754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt032500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01319294
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01509
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01530
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0361052
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68840
IRS990ScheduleA/PublicSupportPY170Pct00.73580
IRS990ScheduleA/PublicSupportTotal170Amt0909206
IRS990ScheduleA/SubstantialContributorsTotAmt0410088
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0416531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0435403
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt080754
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt032500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01319294
IRS990ScheduleA/TotalSupportAmt01320824
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01599
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02284
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03883
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01599
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt012531
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Working capital
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt012531
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Arturo Noriega
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Officer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt012531
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 reviewed by Executive Director, COO and Finance before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Compensation survey or study; approval by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0130177
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0240000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0149083
IRS990/TotalAssetsEOYAmt0147186
IRS990/TotalAssetsGrp/BOYAmt0149083
IRS990/TotalAssetsGrp/EOYAmt0147186
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0416531
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt084662
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109273
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0249237
IRS990/TotalFunctionalExpensesGrp/TotalAmt0443172
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt059061
IRS990/TotalLiabilitiesEOYAmt050141
IRS990/TotalLiabilitiesGrp/BOYAmt059061
IRS990/TotalLiabilitiesGrp/EOYAmt050141
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt090022
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt097045
IRS990/TotalProgramServiceExpensesAmt0249237
IRS990/TotalProgramServiceRevenueAmt048231
IRS990/TotalReportableCompFromOrgAmt0124002
IRS990/TotalRevenueGrp/ExclusionAmt0-2826
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt048231
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0461936
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0149083
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0147186
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt0571

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$147,186
Liabilities
$50,141
Net assets
$97,045
Revenue
$461,936
Expenses
$443,172
Net income
$18,764
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.08$0.09$2.99$2.17$1.68$0.49
2023Detailed filing. Detailed filing data is available for this year.$2.59$0.10$2.49$1.32$1.56$0.24
2022Detailed filing. Detailed filing data is available for this year.$2.83$0.10$2.74$2.93$1.34$1.58
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.13$1.15$1.59$0.97$0.62
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.14$0.53$0.97$0.76$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.32$0.84$0.59$0.25
2018Detailed filing. Detailed filing data is available for this year.$0.09$0.02$0.07$0.47$0.49$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.05$0.10$0.46$0.44$0.02
2016Summary only. Only limited summary data is available for this year.$0.15$0.06$0.09$0.52$0.48$0.05
2015Summary only. Only limited summary data is available for this year.$0.07$0.02$0.04$0.43$0.40$0.03
2014Summary only. Only limited summary data is available for this year.$0.03$0.02$0.16$0.16$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.01$0.01$0.10$0.08$0.03