Overview
What is El Centro Inc?
El Centro Inc is a nonprofit organization situated in New Orleans, Louisiana, with a focus on empowering individuals, particularly those of color, primarily within the Latinx community of South Louisiana. Their mission is to deliver culturally relevant financial literacy and entrepreneurial training. They accomplish this through regular workshops and individual coaching sessions, covering topics such as business start-ups, licenses, marketing, accounting, access to capital, and personal finance management, including home buying, savings, and debt management. Additionally, they offer guidance on avoiding scams and the importance of banking, among other subjects. El Centro's efforts have reached over 2,600 in-person participants, 2,609 online viewers, and 250+ individuals through personalized coaching appointments, as well as addressing 483 phone inquiries throughout the year. The organization is operated by a team of five dedicated individuals.
Official website here: www.elcentrola.org
What do the Facebook reviews say about El Centro Inc?
100% of 18 reviewers on Facebook recommend El Centro Inc. Here is a summary of their reviews: Lindsey Navarro receives high praise, being mentioned as a key factor in the organization's success. Many users express confidence in her leadership and the positive impact it brings to the community.
The sentiments expressed reflect a strong belief in the nonprofit's mission and effectiveness in serving the community. Reviewers appreciate the guidance and support provided, indicating that El Centro Inc. is making a meaningful difference in people's lives.
Overall, the nonprofit appears to have successfully earned the trust and admiration of those it serves, with commendable leadership and a commitment to its goals resonating well with the community it supports.
This AI summary has been generated from reviews found on Facebook.
Is El Centro Inc legitimate?
El Centro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Centro Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $37,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,378
For more financial information, click here
Official website here: www.elcentrola.org
What is the mission statement of El Centro Inc?
El Centro Inc's mission is centered around empowering individuals, specifically people of color, primarily within the Latinx community of South Louisiana. This is achieved through the provision of culturally competent financial literacy and entrepreneurial training. The organization offers a series of workshops and individual coaching sessions, covering topics such as starting a business, obtaining necessary licenses and permits, strategic planning, marketing, accounting, and accessing commercial capital. Additionally, they provide guidance on personal credit and financial counseling for home buying, saving, and debt management. El Centro's workshops reach a wide audience, both in-person and online, and they also offer resources to help individuals avoid scams and report fraud. The organization responds to phone requests for information throughout the year, further demonstrating their commitment to financial education and empowerment.
Official website here: www.elcentrola.org
Who is the CEO of El Centro Inc?
Lindsey Navarro is the Executive Director of El Centro Inc.
Official website here: www.elcentrola.org
What is the revenue of El Centro Inc?
El Centro Inc's revenue in 2022 was $293,900.
Official website here: www.elcentrola.org
Who are the executives of El Centro Inc and what are their salaries?
The average compensation at El Centro Inc during 2022 was $30,392. There are 5 employees and 15 volunteers at El Centro Inc.
Here are 7 key members and their salaries:
- Compensation: $37,580
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- Other: $0
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Official website here: www.elcentrola.org
Where can I find the form 990 for El Centro Inc?
El Centro Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elcentrola.org
Learn more at the official website: www.elcentrola.org
Mission Statement of El Centro Inc
El Centro Inc, a nonprofit organization, is committed to empowering people of color, with a specific focus on the Latinx community in South Louisiana. Their mission is to deliver culturally sensitive financial literacy and entrepreneurial training. Through workshops, individual coaching sessions, and phone consultations, El Centro equips individuals with the knowledge and skills needed to start and run a business, manage personal finances, and navigate financial challenges such as debt management and home buying. The organization's workshops cover topics like business registration, obtaining licenses and permits, strategic planning, marketing, and accessing commercial capital. They also provide advice on avoiding scams, the importance of banking, and personal tax filing. El Centro's initiatives have reached over 2300 in-person participants, 2600 online viewers, and have provided over 250 personalized coaching appointments.
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Impact
October, 2024
El Centro Inc significantly boosts the economic empowerment of people of color, particularly within the Latinx community of South Louisiana. Through its Empoderate NOLA initiative, the organization offers valuable financial literacy and entrepreneurial training, equipping individuals with essential skills to start and manage their own businesses.
The series of biweekly workshops and personalized coaching sessions cover a wide range of crucial topics—ranging from business registration, licensing, and strategic planning to marketing, accounting, and personal finance management. By providing targeted guidance on accessing commercial capital, navigating personal credit, and achieving financial stability through home buying, saving, and debt management, El Centro empowers participants to make informed financial decisions.
In the past year, El Centro hosted 61 workshops with more than 2,300 attendees, broadening their reach through online broadcasts that attracted nearly 16,300 viewers. Additionally, the organization delivered over 250 personalized coaching sessions and responded to 483 inquiries for assistance, demonstrating a strong commitment to community engagement and support.
Overall, El Centro's initiatives not only enhance individual financial capabilities but also contribute to the broader economic development of the community, fostering resilience and reducing the financial disparities faced by people of color in New Orleans.
This information is meant to be a general summary of El Centro Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $293,900
Assets and Liabilities:
- Total Assets: $221,986
- Total Liabilities: $410
- Net Assets: $221,576
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Organization Details
Founding Year
2018
Phone
(504) 503-1040Principal Officer
Lindsey Navarro
Main Address
4334 Earhart Boulevard, New Orleans, LA, 70125
Website
www.elcentrola.orgNTEE Category
Code: S02 - Community improvement
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