Centro De Conservacion Y Restauracion De Puerto Rico Inc

Nonprofit profile at a glance

EIN
660965517
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
Carolina, PR, USA
Phone
7876165325
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Visual Arts Organizations

Official website

Reported finances

Revenue
$645,039
Expenses
$459,155
Assets
$508,262
Liabilities
$116,857

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • PABLO OJEDA (PRESIDENT)
  • NICK QUIJANO (VICE PRESIDENT)

Highest reported compensation

  • HECTOR BERDECIA (DIRECTOR GENERAL): $43,520 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Educating and promoting the preservation of the visual arts broadly interpreted to include heritage objects collections architecture and sites. The organization serves the community through the following activities: i study and research ii education and training opportunities through technical field projects iii outreach and iv the dissemination of information. These activities are performed through the following Program Services: i Historic Buildings and Sites ii Arts and Collections iii Research Analysis and Study of Cultural Heritage and iv Education and Dissemination.

What it reported doing in 2024

Between 2023 and 2024 CENCOR began a multiyear project with the Puerto Rico State Historic Preservation Office PRSHPO to survey more than 21,000 properties in different Municipalities throughout Puerto Rico. The project was so successful that in January PRSHPO added 2 municipalities to our project which led to an increase of more than 8,000 properties for surveying. The project aimed to identify historic properties that can be listed in the National Register of Historic Places and the state of those buildings after recent natural disasters. The project has been led by fifteen 15 emerging professionals and students in architecture archaeology history art history and historic preservation. As part of the ongoing outreach efforts the project included celebrating over ten 10 town hall meetings around the Islands with the communities so they can learn more about the documentation and preservation efforts. Over 200 people have attended these meetings in person and virtually in 2024-2025. Additionally CENCOR in collaboration with World Monuments Fund and the Puerto Rico State Historic Preservation Office developed a traditional woodworking and carpentry trades course and educational resources at Central Aguirre Historic District. This project funded by both organizations finished in the Summer of 2025 and provided much-needed training and access to educational resources to 10 participants. They received a certificate of completion. Lastly since 2024 CENCOR has been collaborating with ADV Architects PCS on two important projects the restoration and rehabilitation of the Central High School in Santurce and the Old San Juan Metropolitan Cathedral and the Historic Santa Ana Church. This project included training three 3 emerging professionals.

Operating model

Revenue model
Other-operating. 82% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 95% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 94
  • Accountability: 79
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.3%; rating input score 50
  • Program expense ratio: 70.6%; rating input score 71
  • Fundraising efficiency: $9.04 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 28.8%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 1.11; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 9.5%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 26.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 60.5% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 74% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 50.3% of revenue deployed · 70.6% of spending went to programs
  • Governance: 11 of 11 board members independent · 4 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $324K in reported program spending
  • Leadership: top reported pay $44K · 12 people listed
  • Consistency: 41 of 41 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.