2021-04-21T09:18:09-07:00 2020-06-30 204994635 IRYNA AC 1000 Broadway 200-G Oakland CA 94607 990 2019-07-01 452992960 Centro Community Partners CENT 5105564249 825 Washington St 228 Oakland CA 94607 Arturo Noriega Executive Dir. 2021-04-19 true Iryna Oreshkova CPA P00842984 5104679506 2019 2022-09-23 18:48:47Z Arturo Noriega 825 Washington St 228 Oakland CA 94607 971435 false X www.centrocommunity.org X 2011 CA To provide services to low income entrepreneurs with education business advising mentorship and access to capital. 4 3 10 10 0 805871 890250 29606 80411 244 774 0 835721 971435 0 0 241798 444516 0 144002 343536 317289 585334 761805 250387 209630 362379 669400 37885 135276 324494 534124 X Centro Community Partners (Centro) provides the underserved, low income entrepreneurs with entrepreneurship education, one-on-one business advising, mentorship, and access to capital. false true 485448 80411 Centro divides its program into four 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 an 8-week, 25 hours in-class activity that teaches women and minority entrepreneurs about basic business functions such as strategy, business finance, market analysis, operations, personal finance, products and services resulting in a business plan.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 ERP is an 8-week 25 hours in-class program that prepares entrepreneurs to launch and grow their businesses. Each entrepreneur creates a business plan, financials, and growth plan to reach $100,000 in revenue.Centro Business Planning App (BPA). 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. It is offered in English, Spanish, Russian and Portuguese, and has delivered 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.Kiva Capital Hub Activity - Kiva US is an online crowdfunding platform that provides entrepreneurs with 0% interest loans of up to $15,000. Through Centros partnership with Kiva US, the Organization can endorse entrepreneurs who have completed the Centro Business Planning and Advanced Entrepreneurship Readiness Activity. Centro endorses entrepreneurs with Centro Community Partners Kiva Trustee account, which can be used to promote crowdfunding campaign to the community of supporters. 485448 true true false false false false false false false false true false false false false true 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 false false false true 8 0 true 10 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 false false CA X Susan Sullivan 5033475372 825 Washington St 228 Oakland CA 94607 Arturo Noriega Executive Dir. 40.00 0.00 X X 89217 0 0 Naldo Peliks COO 40.00 0.00 X 82669 0 0 Steve Petersen Director 4.00 0.00 X 0 0 0 Simone Harvey Secretary 4.00 0.00 X X 0 0 0 Carly Perrera Treasurer 4.00 0.00 X X 0 0 0 171886 0 false false false 0 890250 890250 Fees for services 80411 80411 80411 774 774 0 0 0 0 0 0 0 0 971435 80411 774 0 0 0 0 171887 77349 25783 68755 0 237251 171197 24387 41667 0 0 35378 20919 3519 10940 0 2780 2780 35900 35900 0 0 0 51573 41522 4815 5236 12836 12836 9043 4938 3549 556 98942 97763 1179 0 11648 4831 6817 21537 2135 3660 15742 0 7471 3482 2883 1106 1409 1409 0 408 408 1252 1252 Program expenses 45531 45531 Dues, fees, other charges 13085 2945 10140 Staff development 3874 3874 0 761805 485448 132355 144002 191510 233909 42307 234315 127355 199968 0 0 0 0 0 799 1208 3883 3883 408 0 0 0 0 0 0 362379 669400 37885 81494 53782 37885 135276 X 1994 220374 322500 313750 324494 534124 362379 669400 209630 X false true X false false X 435403 416531 380633 805871 890250 2928688 0 0 435403 416531 380633 805871 890250 2928688 1363060 1565628 21 69 244 774 1108 0 0 2929796 335940 0.53440 0.60510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3883 3883 X 996643 25208 25208 971435 971435 787013 25208 25208 761805 761805 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 III, Line 3: Ceased Conducting or Significant Changes To Services Programs were simplified for FY20 but the focus remains the same - business training and mentoring for under-served entrepreneurs. Form 990, Part VI, Line 11b: Form 990 Review Process Copy of 990 will be emailed to board for review and approval. Board members will email written confirmation of their approval. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Salary surveys were researched and then sent to Centrosboard 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