Civic Intelligence

El Centro Network Inc.

990EZ • Fiscal year 2018 • EIN 81-4395897

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

17150 Butte Creek Rd Suite 100Houston, TX 77090

(281) 866-9042

Siviq Scores

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

Liabilities / Assets

99th percentile

7.55x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

0.51x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

14th percentile

-25%

Higher net margin than 14% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

91st percentile

$46,750

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 27.9% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Revenue Growth

9th percentile

-52%

Faster revenue growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$11,273

Up $11,273 from 2017

Net Assets

Down

-$73,856

Down $41,418 (-128%) from 2017

Liabilities

Up

$85,129

Up $52,691 (+162%) from 2017

Revenue

Down

$167,434

Down $182,555 (-52%) from 2017

Expenses

Down

$208,852

Down $173,575 (-45%) from 2017

Net Income

Down

-$41,418

Down $8,980 (-28%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2017: $0Liabilities 2017: $32,438Net Assets 2017: -$32,4382017Assets 2018: $11,273Liabilities 2018: $85,129Net Assets 2018: -$73,8562018Assets 2019: $38,808Liabilities 2019: $19,657Net Assets 2019: $19,1512019Assets 2020: $210,465Liabilities 2020: $158,900Net Assets 2020: $51,5652020Assets 2021: $276,203Liabilities 2021: $141,502Net Assets 2021: $134,7012021

Highlighted filing

2018

Assets$11,273
Liabilities$85,129
Net Assets-$73,856

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $349,989Expenses 2017: $382,427Net Income 2017: -$32,4382017Revenue 2018: $167,434Expenses 2018: $208,852Net Income 2018: -$41,4182018Revenue 2019: $399,795Expenses 2019: $305,280Net Income 2019: $94,5152019Revenue 2020: $295,974Expenses 2020: $263,560Net Income 2020: $32,4142020Revenue 2021: $426,241Expenses 2021: $343,105Net Income 2021: $83,1362021

Highlighted filing

2018

Revenue$167,434
Expenses$208,852
Net Income-$41,418
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$167,434
Mission and Program Overview

Mission

El Centro Network creates gateways with strategic partners to collaborate in the advancement of Bible engagement among Spanish speakers.

Program Services

DescriptionGrantsExpenses
WHO WE ARE & WHAT WE DOEl Centro Network, Inc. (ECN) is dedicated to the advancement of Bible engagement globally. We are the #1 content provider for YouVersion's Bible App, providing content in Spanish and English. ECN partners with key ministries, churches, pastors and publishing houses to produce new Bible Reading Plans for the Bible App, created from content provided by the partners. WHY - OUR MISSIONECN's Vision is to see Spanish speakers globally engaging with the Bible four times per week leading to life transformation. The YouVersion Bible App was created in 2007, with the mission to help people fully engage with the Bible. It's a simple, ad-free Bible that brings God's Word into the daily life of millions around the world in over 1,400 translations and 1,000 languages. It is available for phones, tablets, and computers, making the Bible available anywhere! Today, there is a major lack of Spanish content available on the Bible App when compared to English available content. Therefore, ECN has partnered with YouVersion to fill the gap. Within the first year of operations, ECN has tracked more than 10 million (and counting) daily devotionals of ECN provided content that have been read by people around the globe. Someone who engages the Bible four or more times per week is: 228% more likely to share their faith with others, 407% more likely to memorize scripture, 59% less likely to view porn and 30% less likely to struggle with loneliness. WHAT YOUVERSION BIBLE APP IS SAYING ABOUT ECN"We've seen a year- over-year increase of 81% for Spanish Bible Plans completed which we celebrate with El Centro Network, who has generously contributed to this success in 2017." -YouVersion HOW CAN WE PUBLISH YOU ON THE BIBLE APPAs our Partner, you can send us any type of content: Sermons (Audio or Video), Devotionals, Books, Articles, Blog Posts, Song Lyrics, PowerPoint Presentations, etc. Through our partnership with YouVersion, our Editors will curate your content into a Bible Reading Plan and upload it into the Bible App in Spanish and English. Impact the world by becoming a Partner, providing Bible based content and funding the expansion of The Word.$9,000$139,972
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Juan Gerardo CardenasCOO/TreasurerPT$46,750-$46,750
Lee TurnerChairman-$0--
Bishop Fidencio BurguenoBoard Member-$0--
Scott WynantBoard Member-$0--
Anne JosephBoard Member-$0--
Victor CardenasCEO/Founder/PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
El Centro Network Inc
EIN
81-4395897
Phone
2818669042
Address
17150 Butte Creek Rd Suite 100, Houston, TX 77090

Signing Officer

Name
Juan Gerardo Cardenas
Title
COO/Treasurer
Phone
2818669042
Signed
2019-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Capin Crouse LLP
Address
1000 Texan Trail STE 125, Grapevine, TX 76051
Preparer
Ted R Batson Jr
Phone
8173286510
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Office Expenses. Amount: 8,126. Description: Information Technology. Amount: 3,116. Description: Travel. Amount: 6,814. Description: Miscellaneous. Amount: 294. Total to Form 990-EZ, line 16: 18,350.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Accounts Receivable. Beg. of Year Amount: 0. End of Year Amount: 1,713. Description: Other Depreciable Assets. Beg. of Year Amount: 0. End of Year Amount: 7,871.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Accounts Payable. Beg. of Year Amount: 22,630. End of Year Amount: 38,062. Description: Notes Payable. Beg. of Year Amount: 2,604. End of Year Amount: 47,067. Description: Bank Overdraft. Beg. of Year Amount: 7,204. End of Year Amount: 0.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WHO WE ARE & WHAT WE DOEl Centro Network, Inc. (ECN) is dedicated to the advancement of Bible engagement globally. We are the #1 content provider for YouVersion's Bible App, providing content in Spanish and English. ECN partners with key ministries, churches, pastors and publishing houses to produce new Bible Reading Plans for the Bible App, created from content provided by the partners. WHY - OUR MISSIONECN's Vision is to see Spanish speakers globally engaging with the Bible four times per week leading to life transformation. The YouVersion Bible App was created in 2007, with the mission to help people fully engage with the Bible. It's a simple, ad-free Bible that brings God's Word into the daily life of millions around the world in over 1,400 translations and 1,000 languages. It is available for phones, tablets, and computers, making the Bible available anywhere! Today, there is a major lack of Spanish content available on the Bible App when compared to English available content. Therefore, ECN has partnered with YouVersion to fill the gap. Within the first year of operations, ECN has tracked more than 10 million (and counting) daily devotionals of ECN provided content that have been read by people around the globe. Someone who engages the Bible four or more times per week is: 228% more likely to share their faith with others, 407% more likely to memorize scripture, 59% less likely to view porn and 30% less likely to struggle with loneliness. WHAT YOUVERSION BIBLE APP IS SAYING ABOUT ECN"We've seen a year- over-year increase of 81% for Spanish Bible Plans completed which we celebrate with El Centro Network, who has generously contributed to this success in 2017." -YouVersion HOW CAN WE PUBLISH YOU ON THE BIBLE APPAs our Partner, you can send us any type of content: Sermons (Audio or Video), Devotionals, Books, Articles, Blog Posts, Song Lyrics, PowerPoint Presentations, etc. Through our partnership with YouVersion, our Editors will curate your content into a Bible Reading Plan and upload it into the Bible App in Spanish and English. Impact the world by becoming a Partner, providing Bible based content and funding the expansion of The Word.
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/TaxYr02018

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Filings