Nonprofit · EIN 82-4898926
EL CENTRO INC
Also known as EL CENTRO
Tax-exempt · NEW ORLEANS, LA 70125
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $816,447 | $450,972 | $365,475 | $588,065 | $820 | $587,245 |
| December 31, 2023 | 990 | $354,818 | $355,607 | -$789 | $221,607 | $820 | $220,787 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $805,770
- of which government grants
- $323,260
- Program service revenue
- $0
- Investment income
- $17
- Net rental income
- $10,660
- Other revenue
- $10,660
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $69,664
- Other salaries and wages
- $55,336
- Salaries, compensation and benefits (total)
- $310,980
- Professional fundraising fees
- $0
- Legal fees
- $20
- Accounting fees
- $3,850
- Occupancy
- $21,320
- Travel
- $2,570
- Program services (functional)
- $265,962
- Management and general (functional)
- $157,675
- Fundraising (functional)
- $27,335
Balance sheet and other
- Total assets, start of year
- $221,607
- Total assets, end of year
- $588,065
- Total liabilities, end of year
- $820
- Net assets, end of year
- $587,245
- Net assets without donor restrictions
- $30,843
- Net assets with donor restrictions
- $556,402
- Gross receipts
- $816,447
- Employees
- 6
- Volunteers
- 55
- Year formed
- 2018
- State of legal domicile
- LA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lindsey Navarro | Executive Director Key employee, Highest-paid employee | 40 | $69,664 |
| Lilly Fincher | President Trustee or director | 2 | $0 |
| Tawanna Hardy | Board Member Trustee or director | 1 | $0 |
| Heather McArthur | Secretary Trustee or director | 1 | $0 |
| Paris Pallais | Board Member Trustee or director | 2 | $0 |
| Kathleen Milligan | Treasurer Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lindsey Navarro | Executive Director Key employee, Highest-paid employee | 40 | $49,406 |
| Marina Manzanares | President Trustee or director | 2 | $0 |
| Lilly Fincher | Treasurer Trustee or director | 2 | $0 |
| Marlene Donovan | Secretary Trustee or director | 1 | $0 |
| Rafael Rondon | Board Member Trustee or director | 1 | $0 |
| Tawanna Hardy | Board Member Trustee or director | 1 | $0 |
| Heather McArthur | Board Member Trustee or director | 1 | $0 |
| Paris Pallais | Board Member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 4334 EARHART BLVD STE 700, NEW ORLEANS, LA 70125-1306
- In care of
- % LINDSEY NAVARRO
- Mailing address (990-N for 2019)
- 4334 Earhart Blvd, New Orleans LA 70125
- Principal officer (990 for 2024)
- Lindsey Navarro, 2526 Peniston Street, New Orleans, LA 70115
- Principal officer (990-N for 2019)
- Lindsey Navarro, 2526 Peniston St, New Orleans LA 70115
- Signed the 990
- Lindsey Navarro, Executive Director
- Phone
- (504) 503-1040
- Website
- www.elcentrola.org
Mission
El Centro's mission is to provide culturally competent financial literacy and entrepreneurial training in Spanish.
Program accomplishments
- Empoderate NOLA is a comprehensive program that provides a broad range of personal financial and small business coaching and services, as well as a series of monthly public workshops. Types of information and assistance include starting and registering a business, obtaining business licenses and permits, strategic planning and marketing, business accounting, accessing commercial capital, personal credit, and financial counseling for home-buying, saving, and managing debt. Additional topics include avoiding scams and reporting fraud, the importance of being banked and preparing for filing small business taxes. In 2024, El Centro hosted monthly workshops for 130 in-person and virtual participants across our monthly financial literacy and business education series, reaching a total of 6,185 FB users. Staff provided 331 technical assistance appointments throughout the year. This initiative includes other services that focus on small business startups. Our business incubator program provided 2 or more hours of monthly technical assistance for 2 tenants. These small enterprises sustained 2-6 jobs each and continue to grow. Further, we hosted monthly workshops in partnership with the Louisiana Small Business Center where attendees determined the feasibility of their business ideas, began planning the steps to registering and licensing their businesses, and learned about common entrepreneurial pitfalls. In 2024, there were 85 attendees in these specialized business startup workshops. This year we relaunched our small business summit, Cumbre Empresarial, which had a total of 124 participants and provided comprehensive programming on business growth strategies, networking opportunities, and connections to resources for Latino entrepreneurs in the region.Expenses $80,389 · revenue $139,340
- VITA Latinx is the only Volunteer Income Tax Assistance Service (VITA) Site within 90 miles of the Greater New Orleans area offering all services in Spanish. In 2024, El Centro trained 19 volunteers at Delgado Community College and hosted multiple Super Sábado tax day events throughout the tax season. In 2024, El Centro prepared and electronically filed 325 2023 tax returns, bringing $291,213 worth of federal tax refunds directly to the eligible, low-to-moderate community members. El Centro tax services are available year round, with staff assisting with tax issues, responding to IRS communications, managing tax debt and payments, and other services as needed.Expenses $71,977 · revenue $135,000
- Impúlsate is a 7-week business accelerator program for established businesses operating informally. Participants could choose from a construction and janitorial services track or a general business track. Attendees learned how to formalize their business legally, attract customers, create a digital presence, provide bids or estimates, comply with legal and insurance requirements, manage their cash flow, and hire or contract workers. They also learned the basics and benefits of obtaining government-validated certifications. This year, 37 participants graduated from the program across multiple cohorts, with graduation ceremonies held in July and October to recognize participants who completed the full curriculum and took concrete steps toward formalizing their businesses. The program successfully guided entrepreneurs through the process of transitioning from informal to formal business operations, providing them with the tools and knowledge needed to grow sustainably and access new market opportunities.Expenses $40,584 · revenue $69,000
- Other programming includes Camino Financiero (Financial Road Map), an 8-week cohort-style program that educates clients in understanding credit, credit reports, and debt management and repayment strategies. It also provides basics for personal budgeting and building savings. The program pairs attendees with 2 or more personalized financial coaching appointments. In 2024, 44 participants graduated from Camino Financiero. Staff conducted comprehensive financial coaching that included reviewing credit reports and creating household budgets for graduates.Expenses $39,964 · revenue $80,000
- Las Musas is a monthly workshop designed to empower and support women-owned businesses and entrepreneurs. The objective is to build a network of entrepreneurial women who support one another. This program provides information and access to resources from partner organizations, encourages women to pursue their dreams, and educates them on current trends affecting businesses. In 2024, there were 311 participants across workshops that covered topics including vision boarding, budgeting, self-care, homeownership panels, professional development, and networking events celebrating International Women in Business Month and Hispanic Heritage Month.Expenses $33,048 · revenue $34,460
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-4898926
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S02)
- Assets (IRS master file)
- $588,065
- Income (IRS master file)
- $816,447
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $816,447 | $450,972 | $588,065 | IRS |
| 990 | December 2023 | $354,818 | $355,607 | $221,607 | XML |
| 990 | December 2022 | $293,900 | $225,582 | $221,986 | IRS |
| 990 | December 2021 | $183,407 | $117,806 | $149,448 | IRS |
| 990-N for 2019 Officer: Lindsey Navarro | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-4898926).
Questions about EL CENTRO INC
- What is the EIN of EL CENTRO INC?
- The employer identification number (EIN) of EL CENTRO INC is 82-4898926.
- Is EL CENTRO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to EL CENTRO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EL CENTRO INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EL CENTRO INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EL CENTRO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EL CENTRO INC?
- The 990 for the year ended December 31, 2024 names Lindsey Navarro.
- Who are the officers and directors of EL CENTRO INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $69,664 (Lindsey Navarro, Executive Director).
- How much revenue does EL CENTRO INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $816,447, expenses of $450,972 and total assets of $588,065 at year end.
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All nonprofits in NEW ORLEANS · Louisiana · Community improvement and capacity building