Centro Hispano Daniel Torres Inc is located in Reading, PA. The organization was established in 1978. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Centro Hispano Daniel Torres Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centro Hispano Daniel Torres Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Centro Hispano Daniel Torres Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 15.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND ENHANCE THE ACCULTURATION OF THE LATINO POPULATION IN THE GREATER READING AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY AND WELLNESS SERVICESINFORMATION AND REFERRAL ADVOCACY PROGRAM: SAFETY NET PROGRAM PROVIDING DIRECT REFERRALS TO SOCIAL SERVICE AGENCIES THAT PROVIDE ASSISTANCE WITH COMPLETING APPLICATIONS, ADVOCACY, TRANSLATION/INTERPRETATION, AND CRISIS INTERVENTION SERVICES. THIS TRIAGE AREA OF THE CENTER PROVIDED OVER 10,000 INFORMATION AND REFERRAL SESSIONS LAST YEAR.SEE ADDITIONAL INFORMATION ON SCHEDULE O.SENIOR CENTER PROGRAMMING: A COMMUNITY CENTER FOR ADULTS OVER 60 YEARS OF AGE, STRIVING TO PREVENT THE CRIPPLING PSYCHOLOGICAL AND PHYSICAL EFFECTS OF ISOLATION. THIS PROGRAM UTILIZES A HOLISTIC APPROACH AND OFFERS SERVICES SUCH AS INDIVIDUAL CASE MANAGEMENT, GROUP ACTIVITIES, HEALTH CLASSES, COMPUTER CLASSES, EXERCISES, AND CULTURALLY-APPROPRIATE NUTRITIONAL DAILY MEALS DAILY. DURING THE FISCAL YEAR, THE CENTER SERVED OVER 400,000 MEALS TO SENIORS.MEDICAL INTERPRETING PROGRAM: PROGRAM PROVIDED TO ASSIST SPANISH SPEAKING CITIZENS BY PROVIDING INTERPRETING AND TRANSLATION SERVICES FOR MEDICAL APPOINTMENTS.PREVENTION EDUCATION ON DOMESTIC AND SEXUAL VIOLENCE INITIATIVE: IN COLLABORATION WITH SAFEBERKS, THE CENTER WORKS TO EDUCATE AND RAISE AWARENESS OF THE LATINO COMMUNITY ON DOMESTIC VIOLENCE, INCREASING ACCESS TO SUPPORT SERVICES FOR VICTIMS OF DOMESTIC VIOLENCE IN A MANNER THAT IS CULTURALLY AND LINGUISTICALLY APPROPRIATE.HELPLINK INITIATIVE: PROGRAM ASSISTS INDIVIDUALS AND FAMILIES IN FINDING THE BENEFITS, PROGRAMS, AND LOCAL RESOURCES NEEDED TO COPE WITH DIFFICULT ECONOMIC CIRCUMSTANCES THROUGH THE STATE COMPASS SYSTEM (AN ONLINE APPLICATION SYSTEM FOR PENNSYLVANIANS TO APPLY FOR MANY HEALTH AND HUMAN SERVICE PROGRAMS).TAX ASSISTANCE PROGRAM: THE TAX ASSISTANCE PROGRAM SUPPORTS LOW TO MIDDLE INCOME WORKERS IN ASSISTING THEM WITH PREPARATION OF TAX RETURNS. THE PROGRAM HELPS THESE CLIENTS DETERMINE IF THEY ARE ELIGIBLE FOR THE EARNED INCOME TAX CREDIT. THE PROGRAM IS AVAILABLE FOR THOSE WHO ARE DISABLED, ELDERLY, OR THOSE WHO ARE LIMITED IN THEIR ENGLISH SPEAKING ABILITIES. CERTIFIED VOLUNTEERS PROVIDE FREE SERVICES FOR THOSE WHO QUALIFY. THIS SERVICE WILL PREPARE CLIENTS' FEDERAL AND STATE INCOME TAX RETURNS FOR FREE BY ASKING THEM A SERIES OF QUESTIONS WHICH WILL ASSURE AN ACCURATE TAX FILING. DURING THE FISCAL YEAR, THE PROGRAM SERVED OVER 200 CLIENTS.MEALS ON WHEELS: AS THE LOCAL VENDOR FOR THE MEALS ON WHEELS PROGRAM FOR THE CITY OF READING, WE PROVIDE NUTRITIOUS MEALS TO HOMEBOUND SENIORS. WE COLLABORATE WITH BERKS ENCORE IN OUR COMMUNITY TO PROVIDE MEALS TO SENIORS WHO ARE BOTH HOMEBOUND AND FOR SENIORS WHO ATTEND SENIOR CENTERS. DURING THE FISCAL YEAR, WE SERVED OVER 150,000 MEALS.CACFP FOOD SERVICE: CENTRO HISPANO IS A SPONSOR OF THE CHILD AND ADULT CARE FOOD PROGRAM (CACFP). THIS IS A FEDERAL PROGRAM THAT PROVIDES REIMBURSEMENTS FOR NUTRITIOUS MEALS AND SNACKS TO ELIGIBLE CHILDREN WHO ARE ENROLLED FOR CARE AT PARTICIPATING CHILD CARE CENTERS AND PROVIDES REIMBURSEMENTS FOR MEALS SERVED TO CHILDREN AND YOUTH PARTICIPATING IN AFTERSCHOOL CARE PROGRAMS. CACFP CONTRIBUTES TO THE WELLNESS, HEALTHY GROWTH, AND DEVELOPMENT OF YOUNG CHILDREN IN OUR COMMUNITY. DURING THE FISCAL YEAR, WE HAVE SERVED OVER 250,000 MEALS TO CHILDREN.THE CENTRO HISPANO EXPANDED ITS FOOD SERVICE PROGRAM BY ADDING A PROGRAM THAT PROVIDES MEALS TO AT RISK YOUTH.
EDUCATION SERVICESEDUCATION INITIATIVE AND SCHOLARSHIP PROGRAM: THIS PROGRAM, WHICH IS A COLLABORATION BETWEEN THE HISPANIC CENTER AND THE FIVE AREA COLLEGES (KUTZTOWN UNIVERSITY, PENN STATE BERKS, ALVERNIA UNIVERSITY, ALBRIGHT COLLEGE, AND THE READING AREA COMMUNITY COLLEGE), PROVIDES CULTURALLY AND LINGUISTICALLY APPROPRIATE SERVICES FOR PARENTS AND STUDENTS WHO SEEK GUIDANCE AND SUPPORT IN NAVIGATING THE COLLEGE APPLICATION PROCESS. WE ALSO HAVE AN ENDOWMENT MANAGED THROUGH THE BERKS COUNTY COMMUNITY FOUNDATION THAT OFFERS SCHOLARSHIPS FOR LATINO STUDENTS IN BERKS COUNTY WHO ARE PURSUING POST-SECONDARY EDUCATION. SEE ADDITIONAL INFORMATION ON SCHEDULE O.OPENING DOORS PARENTAL ENGAGEMENT INITIATIVE: THIS PROGRAM IS CENTRO HISPANO'S COMMITMENT TO PARENTAL ENGAGEMENT. OPENING DOORS PROGRAM IS A CURRICULUM FOCUSED ON HELPING PARENTS UNDERSTAND THEIR ROLE AS THEIR CHILD'S FIRST TEACHER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Toledo CEO | Officer | 40 | $139,399 |
Desha Dickson Vice Chair | OfficerTrustee | 1 | $0 |
Brad Hall Chair | OfficerTrustee | 1 | $0 |
Shawn Moliatu Treasurer | OfficerTrustee | 1 | $0 |
Johanny Cepeda Secretary | OfficerTrustee | 1 | $0 |
Leo Martinez Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $273,904 |
Membership dues | $0 |
Fundraising events | $149,997 |
Related organizations | $0 |
Government grants | $1,817,881 |
All other contributions, gifts, grants, and similar amounts not included above | $102,071 |
Noncash contributions included in lines 1a–1f | $79,865 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,343,853 |
Total Program Service Revenue | $791,544 |
Investment income | $156 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$6,804 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,141,164 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $140,434 |
Compensation of current officers, directors, key employees. | $35,109 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $980,292 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $91,698 |
Payroll taxes | $93,705 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,320 |
Fees for services: Accounting | $65,954 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,368 |
Advertising and promotion | $10,000 |
Office expenses | $38,742 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $168,953 |
Travel | $25,640 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,613 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $48,524 |
Insurance | $19,574 |
All other expenses | $0 |
Total functional expenses | $2,739,217 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $419,688 |
Savings and temporary cash investments | $72,415 |
Pledges and grants receivable | $892,099 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $16,042 |
Net Land, buildings, and equipment | $639,107 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,000 |
Total assets | $2,041,351 |
Accounts payable and accrued expenses | $215,652 |
Grants payable | $0 |
Deferred revenue | $204,559 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $420,211 |
Net assets without donor restrictions | $1,592,534 |
Net assets with donor restrictions | $28,606 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,041,351 |
Over the last fiscal year, we have identified 5 grants that Centro Hispano Daniel Torres Inc has recieved totaling $390,517.
Awarding Organization | Amount |
---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT THE ABRIENDO PUERTAS EDUCATION AND TRAINING PROGRAM AND THE HARWOOD INSTITUTE FOR PUBLIC INNOVATION'S COMMUNITY ENGAGEMENT EFFORTS IN READING, PENNSYLVANIA. | $217,532 |
Helping Harvest Fresh Food Bank Reading, PA PURPOSE: FOOD RELIEF | $134,014 |
Helping Harvest Fresh Food Bank Reading, PA PURPOSE: FOOD RELIEF | $20,419 |
Helping Harvest Fresh Food Bank Reading, PA PURPOSE: FOOD RELIEF | $18,547 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Casa De Maryland Hyattsville, MD | $24,055,145 | $18,912,782 |
Brooklyn Chinese-American Association Inc Brooklyn, NY | $16,442,074 | $13,631,534 |
Nationalities Service Center Of Philadelphia Philadelphia, PA | $6,008,905 | $13,342,474 |
Junta De Accion Puertorriquena Inc Puerto Rican Action Board Inc New Brunswick, NJ | $2,505,820 | $11,202,004 |
Lch Health And Community Services Kennett Square, PA | $6,724,367 | $8,909,074 |
Mid-Island Y Jewish Community Center Inc Plainview, NY | $9,808,281 | $10,961,733 |
Puerto Rican Org For Community Educational & Economic Development Elizabeth, NJ | $11,237,037 | $9,797,068 |
Chinese Christian Herald Crusades Inc Flushing, NY | $34,224,401 | $8,882,723 |
Korean Community Services Of Metropolitan New York Inc Bayside, NY | $13,398,422 | $7,508,888 |
Hias And Council Migration Service Of Philadelphia Inc Philadelphia, PA | $6,751,198 | $6,830,316 |
Haitian Americans United For Progress Hollis, NY | $605,051 | $5,406,105 |
Asian Services In Action Inc Akron, OH | $3,625,335 | $5,907,742 |