Louisiana · Nonprofit
EL CENTRO INC
EL CENTRO INC (Louisiana) receives grants from 9 organizations whose IRS filings report $927,040 to it, the largest being JPMORGAN CHASE FOUNDATION ($450,000). 5 of them have funded it in more than one year.
- Revenue FY2024
- $816k
- Funders on record
- 9
- Grants received
- $927k
- Net assets
- $587k
What El Centro Inc does
Mission
El Centro's mission is to provide culturally competent financial literacy and entrepreneurial training in Spanish.
As stated on its FY2024 Form 990.
Programs
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…
$80,389 spent$139,340 earned by the program30% of program spendingVITA 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.
$71,977 spent$135,000 earned by the program27% of program spendingImpúlsate 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.
$40,584 spent$69,000 earned by the program15% of program spendingOther 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.
$39,964 spent$80,000 earned by the program15% of program spendingLas 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.
$33,048 spent$34,460 earned by the program12% of program spending
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $265,962.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $222k to $588k (+165%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 3% · 2022 2% · 2023 10% · 2024 40%. Grants only. Government contracts and fees sit inside program revenue.
99% of EL CENTRO INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Lindsey Navarro
Executive Director
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base narrowed from 5 funders to 3 funders, grant income rose $51k → $200k.
2 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of EL CENTRO INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
EL CENTRO INC leans on a few funders — its largest provides 49% of grant income and the top three 92%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2020 78% · 2021 83% · 2022 36% · 2023 50% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
20% of EL CENTRO INC's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
EL CENTRO INC draws 98% of its grant income from funders outside Louisiana, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
EL CENTRO INC runs a healthier operating margin than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Government funding EL CENTRO INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $20k on record.
- Department of the Treasury$20k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like EL CENTRO INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Louisiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
59% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for EL CENTRO INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds EL CENTRO INC?
- EL CENTRO INC (Louisiana) receives grants from 9 organizations whose IRS filings report $927,040 to it, the largest being JPMORGAN CHASE FOUNDATION ($450,000). 5 of them have funded it in more than one year.
- How many funders does EL CENTRO INC have?
- IRS filings report 9 organizations giving $927,040 in grants to EL CENTRO INC, 5 of which have funded it in more than one year.
- Who is the largest funder of EL CENTRO INC?
- JPMORGAN CHASE FOUNDATION is the largest funder on record, with $450,000 in grants. The full list of funders is on this page.
- How can an organization like EL CENTRO INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Louisiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds El Centro →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing