Tec Centro Ltd EIN 46-3698825

Tec Centro Ltd FY2021 filing

Not yet claimed Claim this org →

Provides bilingual training and education to support the Spanish American Civic Association. For fiscal year 2021 it reported $989K in revenue, $159K in expenses, and $4K in net assets.Pt I

Type
Supporting organization · Education
Location
Lancaster, PA
Filings
5 on file (2020–2021)
Revenue
$989KFY2021
Expenses
$159K
Net assets
$4K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3698825 Supporting organization Lancaster, PA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Tec Centro Ltd claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides bilingual training and education to support the Spanish American Civic Association.
Leadership
Carlos Graupera · President/CEO
Money in and out
$989K revenue, $159K expenses
Bottom line
+84% net inflow
Money in and out · FY2021
Total revenue
$989K
Pt VIII · Ln 12
Total expenses
$159K
Pt IX · Ln 25
Net assets
$4K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $830K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.23
Net inflow
+84%
revenue over expenses, this year
Pass-through gifts
0.9%
of revenue from contributions
Program spending
77%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$989K
FY2021▲ ×20
Expenses
$159K
FY2021▼ -9%
Total assets
$4K
FY2021▼ -100%
Total liabilities
$0
FY2021▼ -100%
Total revenue
$989K
Pt VIII · Ln 12
Total expenses
$159K
Pt IX · Ln 25
Net assets
$4K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$830K
Total assetsPt X · Ln 16$4K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $122K of program spending, described in the organization's own filed words · FY2021.
01

The organization holds real property as part of the new market development credit program. The property houses the spanish american civic association's tec centro program, which provides training in the following fields: culinary arts, construction, certified nursing assistant, dental assistant, pharmacy technician, call center, esl and…

$122Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTec Centro Ltd
EINHdr · item D46-3698825
Principal addressHdr · item CLancaster, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B11)
Ruling yearIRS BMFMar 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/CEO
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
See Tec Centro Ltd executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Other revenue$980K · 99%
Contributions & grants$9K · 1%
Other revenue99%$980K
Contributions & grants1%$9K
Total revenueLn 12$989K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.23
Program services77%$122K
Management & general23%$37K
Total functional expensesLn 25$159K

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$4K
Total liabilitiesLn 26$0
Total net assetsLn 32$4K
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4K · Operating expenses/yr $159K
0.3 months
Where the money goes
Program services
Program services $122K · Total expenses $159K
77%
Management & General
Management & general $37K · Total expenses $159K
23%
Fundraising
Fundraising $0 · Total expenses $159K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $4K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $9K · Total revenue $989K
0.9%
Government reliance
Government grants — · Total revenue $989K
Earned-income share
Program service revenue $0 · Total revenue $989K
0%
Investment reliance
Investment income $0 · Total revenue $989K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $159K
0%
Growth & trend
Revenue growth (YoY)
This year $989K · Prior year $50K
×20
Net-asset trend (YoY)
End of year $4K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $989K · Expenses $159K
+84%
Liabilities-to-Assets
Total liabilities — · Total assets $4K
Net-asset ratio
Net assets $4K · Total assets $4K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Carlos Graupera · Reported title PRESIDENT/CEO · Highest reported compensation $0 · Total expenses $159K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $159K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 23%
Fundraising cost ratio 0%
Revenue growth ×20
Legal fee ratio 6%
Accounting fee ratio 11%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$50K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$0 revenue · ⤓ 990 PDF
FY2023$0 revenue · ⤓ 990 PDF
FY2022$0 revenue · ⤓ 990 PDF
FY2021$989K revenue · viewing · ⤓ 990 PDF
FY2020$50K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.