El Centro INC
Empowers people of color with financial literacy and entrepreneurial training. For fiscal year 2024 it reported $816K in revenue, $451K in expenses, and $587K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- New Orleans, LA
- Website
- www.elcentrola.org
- Filings
- 4 on file (2021–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Empoderate NOLA is a comprehensive program that provides a broad range of personal financial and small business coaching and services, as well as a series of monthly public workshops. Types of information and assistance include starting and registering a business, obtaining business licenses and permits, strategic planning and marketing…
VITA Latinx is the only Volunteer Income Tax Assistance Service (VITA) Site within 90 miles of the Greater New Orleans area offering all services in Spanish. In 2024, El Centro trained 19 volunteers at Delgado Community College and hosted multiple Super Sábado tax day events throughout the tax season.
Impúlsate is a 7-week business accelerator program for established businesses operating informally. Participants could choose from a construction and janitorial services track or a general business track.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Lindsey Navarro’s $70K as Executive Director is at the 46th percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Lindsey Navarro | $69,664 | $49,406 | $37,580 | $36,760 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 59% | — | — |
| Overhead ratio | 35% | — | — |
| Fundraising cost ratio | 3% | — | — |
| Revenue growth | 130% | — | — |
| Legal fee ratio | <0.01% | — | — |
| Accounting fee ratio | 0.9% | — | — |
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
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Filings & Schedule Manifest
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Sources
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