Centro Presente Inc is a 501(c)(3) organization based in East Boston, Massachusetts, registered in 1982, with $463,045 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$463K
▼ 19.4% vs prior year
Crime & Legal median: $309K
Expenses (FY2024)
$391K
Net assets
$1.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Centro Presente Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Centro Presente Inc: 36 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Centro Presente Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Centro Presente Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $368K (FY2013) to $463K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
15.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$103K
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $463,045▼19.4% | $390,882▲2.2% | $1,185,981▲6.5% | $1,289,371▲5.5% | 990 |
| 2023 | $574,213▲3.3% | $382,642▼13.1% | $1,113,818▲20.8% | $1,222,562▲15.8% | 990 |
| 2022 | $555,907▼22.0% | $440,108▼30.6% | $922,247▲14.4% | $1,055,415▲18.6% | 990 |
| 2021 | $712,273▼8.0% | $634,313▲23.2% | $806,448▲10.7% | $890,160▲9.2% | 990 |
| 2020 | $774,325▲212% | $514,676▲40.6% | $728,488▲55.4% | $815,226▲44.2% | 990 |
| 2019 | $248,392▼63.4% | $366,133▼0.8% | $468,839▼20.1% | $565,487▼16.0% | 990 |
| 2018 | $678,432▲92.4% | $369,238▲6.1% | $586,580▲111% | $673,078▲86.0% | 990 |
| 2017 | $352,682▼44.4% | $347,881▼37.8% | $277,386▲1.8% | $361,942▲0.9% | 990 |
| 2016 | $634,845▲16.7% | $559,183▲16.6% | $272,585▲38.4% | $358,612▲27.9% | 990 |
| 2015 | $543,897▲45.5% | $479,584▲15.1% | $196,923▲48.5% | $280,472▲32.0% | 990 |
| 2014 | $373,924▲1.5% | $416,695▼18.1% | $132,610▼24.4% | $212,537▼19.4% | 990 |
| 2013 | $368,389 | $509,004▼10.4% | $175,381▼44.5% | $263,674▼33.7% | 990 |
| 2012 | — | $568,099▲1.2% | $315,996▼30.8% | $397,680▼26.4% | 990 |
| 2011 | — | $561,122▼2.5% | $456,342▼22.4% | $540,525▼20.5% | 990 |
| 2010 | — | $575,492 | $587,925 | $679,488 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
25 grants to Centro Presente Inc totaling $601K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Boston Foundation Inc | Operating support/annual fund | 2023 | $40,000 |
| Boston Foundation Inc | Operating support/annual fund | 2022 | $20,000 |
| Massachusetts Legal Assistance | To provide financial support for legal assistance programs | 2022 | $17,000 |
| Boston Foundation Inc | Emergency support | 2021 | $30,000 |
| Massachusetts Legal Assistance | To provide financial support for legal assistance programs | 2021 | $25,000 |
| Donor Advised Charitable Giving | Human services | 2021 | $20,500 |
| Boston Foundation Inc | Immigrant and refugee support | 2020 | $30,000 |
| Massachusetts Legal Assistance | To provide financial support for legal assistance programs | 2020 | $24,535 |
| Boston Foundation Inc | Operating support/annual fund | 2020 | $13,750 |
| Massachusetts Legal Assistance | To provide financial support for legal assistance programs | 2019 | $40,000 |
| Boston Foundation Inc | Emergency support | 2019 | $25,000 |
| Oxfam-america Inc | Womens empowerment | 2019 | $15,000 |
| Boston Foundation Inc | Civic engagement | 2019 | $15,000 |
| Boston Foundation Inc | Operating support/annual fund | 2019 | $5,500 |
| Massachusetts Legal Assistance | To provide financial support for legal assistance programs | 2018 | $30,000 |
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Data for Centro Presente Inc (EIN 04-2754284) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.