2023-05-01T19:25:43-07:00 2022-06-30 204994635 Iryna AC 1000 Broadway Ste 200-C Oakland CA 94607 990 2021-07-01 452992960 Centro Community Partners CENT 5105564249 1423 Broadway Ste 304 Oakland CA 94612 Arturo Noriega President & CEO 2023-04-28 true Arturo Noriega 999009999 Iryna Oreshkova CPA P00842984 5104679506 2 AAL1 IAL1 FAL1 2021 2023-04-26 12:10:37Z Arturo Noriega 1423 Broadway Ste 304 Oakland CA 94612 2926541 false X www.centrocommunitypartners.org X 2011 CA To provide services to low income entrepreneurs with education business advising mentorship and access to capital. 4 3 15 4 0 1326554 2718954 261825 205452 814 2135 0 1589193 2926541 470 1500 0 508833 697994 0 207930 459536 642891 968839 1342385 620354 1584156 1288160 2833662 133682 95028 1154478 2738634 Centro Community Partners (Centro) provides the underserved, low income entrepreneurs with entrepreneurship education, one-on-one business advising, mentorship, and access to capital. false false 875419 1500 205452 To accomplish its purpose, Centro has affiliated itself with multiple local and global organizations that dispense basic entrepreneurship training, facilitate business students as advisors, and give access to capital when the entrepreneurs are ready.Centro divides its program into seven activities as follows:Basic Entrepreneurship Program (BEP) - Activity is designed for individuals primarily on the idea stage of their business and who have not been exposed yet to any business education. This activity is nine sessions that teaches entrepreneurs about basic business functions such as strategy, business finance, market analysis, operation, personal budgeting that led to the creation of a business plan. The BEP program is offered in English and Spanish.Entrepreneurship Bootcamp - Activity is a basic, one-day or two-day workshop for individuals seeking an accelerated program to create a business plan and launch a new small business. The Entrepreneurship Bootcamp is offered in English and Spanish.Advanced Entrepreneurship Program (AEP) - Activity 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 10 session AEP is designed for entrepreneurs to validate their business models and launch or grow their businesses. The AEP teaches participants to analyze, design, and implement business plans. The AEP is offered in English and Spanish.Centro Capital Hub Activity that connects entrepreneurs to capital and grants, including Kiva zero interest loans up to $15,000, government grants and SBA funds.Entrepreneurship Suite (E-Suite) - Activity is Centros turn-key technical assistance solution that is offered to other non-profit MDOs to adopt Centros technology and curriculum to provide entrepreneurship education and financial literacy programs for low-income women and BIPOC entrepreneurs in other geographic areas.Centro Business Planning App (Centro App) Activity is a free mobile self-pace tool that walks entrepreneurs through a series of fun activities to produce a micro-loan ready business plan on their phone. The Centro App also serves as a platform to build localized virtual microenterprise development ecosystems hosting local microlenders, community development financial institutions (CDFIS) and microenterprise development organization (MDOs), connecting low-income BIPOC (Black, Indigenous, People of Color) entrepreneurs and communities with local resources and improving economic outcomes. It is offered in English, Spanish, Russian and Portuguese, and has delivered business plans in 156 countries.Advisory Services Activity that allows an access to quality mentorship and business advisory services helps entrepreneurs access and connect with small business advisors, who can assist underserved entrepreneurs, especially women and minorities. During the COVID-19 pandemic, Centro created the Rapid Response Advisory team to be available to provide quality one-on-one business advisory services to help small businesses come back stronger. 875419 true true false false false false false false false false true false false false false true true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 true 15 true false false false false false false false 0 false false false false false false false X 4 3 false false false false false false false true true false false true true true true true true true true false CA X Susan Sullivan 5033475372 1270 NW Backhan Rd White Salmon WA 98672 Arturo Noriega President & CEO 40.00 0.00 X X 108575 0 8450 Naldo Peliks COO 40.00 0.00 X 104729 0 8450 Felix Fan Treasurer 0.50 0.00 X X 0 0 0 Simone Harvey Secretary 0.25 0.00 X X 0 0 0 Danelis Padron Member 0.25 0.00 X 0 0 0 213304 16900 2 false false false 0 58371 2660583 2718954 Fees for services 611430 205452 205452 205452 2135 2135 0 0 0 0 0 0 0 0 2926541 205452 2135 X 0 1500 1500 0 0 230204 103015 57743 69446 0 353209 264047 63267 25895 46250 20813 11563 13874 22325 14712 1601 6012 46006 29769 10469 5768 0 3030 3030 51636 51636 0 0 0 445361 360691 4210 80460 53593 50212 3381 10439 1032 9407 4527 287 4240 0 10826 5413 5413 22432 14264 4013 4155 0 0 0 0 0 4746 291 2951 1504 Dues and other charges 23233 7240 15177 816 Professional development 10769 10769 Gifts 2299 2133 166 0 1342385 875419 259036 207930 488099 779946 392892 1228799 406100 823848 0 0 0 0 0 1069 1069 3883 3883 0 0 0 0 0 0 1288160 2833662 79900 95028 53782 133682 95028 X 913878 1538501 240600 1200133 1154478 2738634 1288160 2833662 1584156 X false true X true false X 380633 805871 890250 1326554 2718954 6122262 0 0 380633 805871 890250 1326554 2718954 6122262 2204136 3918126 69 244 774 814 2135 4036 0 0 6126298 667153 0.63960 0.65750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3883 3883 X 2935679 9138 9138 2926541 2926541 1351523 9138 9138 1342385 1342385 Part X : FIN48 Footnote Centro is recognized as a public charity exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code, whereby only unrelated business income, as defined by the Internal Revenue Code the California Revenue and Taxation Code, is subject to income tax. Management believes that all of Centros income was directly related to its exempt purpose; thus, the accompanying financial statements do not include any provision for income taxes. Form 990, Part VI, Line 11b: Form 990 Review Process 990 prepared by CPA. Management reviews 990, presents to board for review. Upon board approval, CPA files with appropriate tax agencies and management/accounting sends out any required paper forms. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts As needed or as situations come up. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Salary surveys were researched and then sent to Centros board for review. New salary was proposed and board reviewed and sent written approval. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Available upon request.