Centro Sanar

Nonprofit profile at a glance

EIN
881575835
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Chicago, IL, USA
Phone
7737592419
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Counseling, Support Groups

Reported finances

Revenue
$1,417,375
Expenses
$1,330,260
Assets
$1,583,895
Liabilities
$27,268

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

Leadership & pay

6 people listed

People named in this filing

  • CYNTHIA MAGALLANES (CHAIR)
  • KATHRYN BOCANEGRA (SECRETARY)
  • JOSEPH BRAUN (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To accompany community members by providing accessible, high-quality, and non-medicalized mental health services to help them heal and thrive.

What it reported doing in 2024

Centro sanar has been able to provide individual, family, group therapy, and clinical case management to 853 clients. Throughout this time, centro sanar has been able to grow to 16 staff and have zero staff turnover. As the only organization on chicago's southwest side to provide free long term mental health services, our waitlist decreased to 7 months from 15 months in fy24. Centro sanar has been able to advance its clinical offering by providing a second perinatal group, cross training therapists in emdr and somatic experiencing, and increasing our therapy spaces in our office. Overall, our clients saw a 81% decrease in phq9, 86% decrease in gad7, and 88% of our client population achieved at least one counseling goal in their duration in services.

Operating model

Revenue model
Grant-funded. 64% of the money available for current operations came from government grants.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.9%; rating input score 71
  • Program expense ratio: 74.8%; rating input score 75
  • Fundraising efficiency: $21.53 raised per $1 spent on fundraising; rating input score 60; 60th 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: 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: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.1%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 1.19; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 90.6% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 26.4% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 48.2% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 70.9% of revenue deployed · 74.8% of spending went to programs
  • Governance: 6 of 6 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $996K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Review — Sustainability: Operating margin scored 53/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.