Centro Renacer Inc

Nonprofit profile at a glance

EIN
660419857
IRS 990 coverage
2020–2021
Forms available
Form 990 2021
Location
Guaynabo, PR, USA
Phone
7877200235
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Addictive Disorders N.E.C.

Reported finances

Revenue
$268,381
Expenses
$203,841
Assets
$192,796
Liabilities
$857

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • PEDRO BERGES MORALES (EXECUTIVE DIRECTOR)
  • ANGEL M SOTO TANON (PRESIDENT OF BOARD OF DIRECTOR)
  • CARLOS A VELEZ RIVAS (VICE PRESIDENT OF BOARD OF DIRECTOR)

Highest reported compensation

  • PEDRO BERGES MORALES (EXECUTIVE DIRECTOR): $28,038 total reported compensation
  • HERIBERTO ALVAREZ CORREA (PROGRAMMING DIRECTOR): $28,038 total reported compensation
  • JOSE M HERNANDEZ VEGA (ADMINISTRATOR): $7,273 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide counseling and rehabilitation services to drug addicts by means of job training.

What it reported doing in 2021

The organization is engaged on a lawn maintenance activity which is used as an on the job training for the organization's participants, by one of the means to rehabilitate them. This is the largest program service.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% 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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 92
  • Accountability: 72
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.8%; rating input score 61
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: Limited

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: Limited
  • 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: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 24%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.95; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 31.1%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: -26.8% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 12.9% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 39% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 60.8% of revenue deployed · 80% of spending went to programs
  • Governance: 9 of 9 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $163K in reported program spending
  • Leadership: top reported pay $28K · 12 people listed
  • Consistency: 44 of 44 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2020 to 2021
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • Moderate — Accountability: Governance controls: 6 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.