Centro Presente Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 774,325 | 514,676 | 259,649 | 17.0 | 36% |
| 2021 | 712,273 | 634,313 | 77,960 | 15.3 | 34% |
| 2022 | 555,907 | 440,108 | 115,799 | 25.1 | 49% |
| 2023 | 574,213 | 382,642 | 191,571 | 34.9 | 63% |
In its most recent public year (2023), this organization brought in $191,571 more than it spent. Its reserves stood at about 34.9 months of spending, up from 17 in 2020. Staff pay was 63% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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