Civic Intelligence

Centri Tech Foundation

990EZ • Fiscal year 2019 • EIN 82-4044837

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 19, 2021

Organization Profilewww.centricommunities.org
3087 Ordway St NWWashington, DC 20008-3255

(571) 214-6223

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

49th percentile

2.9%

Higher net margin than 49% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$4,335

No earlier filing loaded for comparison.

Net Assets

$4,335

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin49th percentile

Revenue

$150,775

No earlier filing loaded for comparison.

Expenses

$146,440

No earlier filing loaded for comparison.

Net Income

$4,335

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Assets 2019: $4,335Net Assets 2019: $4,3352019Assets 2020: $2,585,284Liabilities 2020: $0Net Assets 2020: $2,585,2842020Assets 2021: $5,980,349Liabilities 2021: $0Net Assets 2021: $5,980,3492021Assets 2022: $3,215,688Liabilities 2022: $25Net Assets 2022: $3,215,6632022Assets 2023: $1,251,114Liabilities 2023: $25Net Assets 2023: $1,251,0892023Assets 2024: $1,161,462Liabilities 2024: $0Net Assets 2024: $1,161,4622024

Highlighted filing

2019

Assets$4,335
Liabilities-
Net Assets$4,335
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2019: $150,775Expenses 2019: $146,440Net Income 2019: $4,3352019Revenue 2020: $3,000,000Expenses 2020: $419,051Net Income 2020: $2,580,9492020Revenue 2021: $4,560,279Expenses 2021: $1,176,037Net Income 2021: $3,384,2422021Revenue 2022: $183,007Expenses 2022: $2,752,868Net Income 2022: -$2,569,8612022Revenue 2023: $583,896Expenses 2023: $2,709,598Net Income 2023: -$2,125,7022023Revenue 2024: $1,282,515Expenses 2024: $1,372,142Net Income 2024: -$89,6272024

Highlighted filing

2019

Revenue$150,775
Expenses$146,440
Net Income$4,335
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 19, 2021
Return Version
2019v5.0
Gross Receipts
$150,775
Mission and Program Overview

Mission

CENTRI Communities supports local community development organizations to solve problems in their community by bringing together stakeholders to create sustainable asset building solutions that yield long term economic, health and educational enhancement to its residents by leveraging technology and innovative solutions.

Program Services

DescriptionGrantsExpenses
The Technology Adoption Program was established to create a useful technology capacity program for the affordable housing industry including affordable access to broadband and relevant technology for low-income residents. The initial stage of the program work started in 2019 which sought to demonstrate the programmatic and economic viability of life-enhancing technology enabled initiatives with the larger goal of creating a de-facto technology standard for affordable housing.$0$96,350
Community analysis of the Corktown region of Detroit in conjunction with Centri Capital's engagement by the Ford Foundation to evaluate potential investable opportunities and capital structures for neighborhood revitalization and economic development in tandem with the Ford Motor Company's investment and commitment into the neighborhood. The program focused on innovative community development lending, community engagement and program implementation for their mobility, small business lending and employment programs.$0$26,400
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael StaplesTreasurer & SecretaryPT$0--
Rey RamseyDirector-$0--
Reginald Van LeeExecutive Director-$0--
Daniel AlterDirector-$0--
Shirley Marcus AllenDirector-$0--
Wendel BrownDirector-$0--
Filing and Contact Details

Filer

Filer Name
Centri Communities
EIN
82-4044837
In Care Of
% Michael Staples
Phone
5712146223
Address
3087 ORDWAY ST NW, WASHINGTON, DC 20008-3255

Signing Officer

Name
Michael Staples
Title
Treasurer, Secretary
Phone
5712146223
Signed
2021-04-19
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 8

“| Other Revenues:, Amount:| Reimbursed Expenses, $775|”

Part I, line 16

“| Other Expenses:, Amount:| Formation fees, $1058.00| Travel, $3644.00|”

Raw XML Appendix156 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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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,335
Liabilities
-
Net assets
$4,335
Revenue
$150,775
Expenses
$146,440
Net income
$4,335
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$1.28$1.37$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.58$2.71$2.13
2022Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$0.18$2.75$2.57
2021Detailed filing. Detailed filing data is available for this year.$5.98$0.00$5.98$4.56$1.18$3.38
2020Summary only. Only limited summary data is available for this year.$2.59$0.00$2.59$3.00$0.42$2.58
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.15$0.15$0.00