Tec Centro Ltd
- Assets
- $4.2k
- Revenue
- $989.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 46-3698825
Organization Overview
Tec Centro Ltd is located in Lancaster, PA. The organization was established in 2015. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tec Centro Ltd 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 12/2021, Tec Centro Ltd generated $989.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 61.2% each year . All expenses for the organization totaled $158.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE SPANISH AMERICAN CIVIC ASSOCIATION'S BILINGUAL TRAINING AND EDUCATION PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 FINANCIAL SERVICES.THROUGHOUT THE YEAR, THE ORGANIZATION'S DAY AND EVENING COURSES HAVE THRIVED, AND ONE-TIME COURSES HAVE ALSO BEEN ADDED. THE ORGANIZATION'S JOB DEVELOPMENT CENTER IS EXTREMELY BUSY. MANY EMPLOYERS RELY ON US TO PROVIDE THEM WITH DEDICATED AND HARDWORKING EMPLOYEES. AS OUR REPUTATION GROWS, OUR REACH FOR EMPLOYEES EXTENDS BEYOND JUST OUR NEIGHBORHOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Graupera President/ceo | OfficerTrustee | 1 | $0 |
C Ted Darcus Vice President | OfficerTrustee | 1 | $0 |
Robert Frankhouser Treasurer | OfficerTrustee | 1 | $0 |
Miriam Ortega Secretary | OfficerTrustee | 1 | $0 |
Rosa Graupera CFO | Officer | 1 | $0 |
Jodie Richardson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,761 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,761 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $988,959 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,342 |
| Fees for services: Accounting | $17,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,013 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,472 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,580 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,736 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $158,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,218 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,218 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $4,218 |
| Net assets with donor restrictions | $0 |
| 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 | $4,218 |
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