Centro Mater Inc
- Assets
- $805.6k
- Revenue
- $4.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 65-0222952
Organization Overview
Centro Mater Inc is located in Miami, FL. The organization was established in 1946. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Centro Mater 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 06/2021, Centro Mater Inc generated $4.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $84.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. 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
PROVIDE FACILITIES FOR DAY CARE CENTERS OPERATED BY CATHOLIC CHARITIES OF THE ARCHDIOCESE OF MIAMI, INC., A NOT-FOR-PROFIT 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT BY WAY OF FUNDRAISING AS WELL AS PHYSICAL FACILITIES FOR DAY CARE CENTERS OPERATED BY CATHOLIC HEALTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Octavio Verdeja Chairman | OfficerTrustee | 1 | $0 |
Maria Elena Wollberg V. Treasurer | OfficerTrustee | 1 | $0 |
Maria Figarola Arazoza Secretary | OfficerTrustee | 1 | $0 |
Ana Ortega Treasurer | OfficerTrustee | 1 | $0 |
Maty Aldrich Board Member | Trustee | 1 | $0 |
Mathew Bruno Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| 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 | $4 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $79,333 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $84,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,979 |
| 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 | $764,212 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,430 |
| Total assets | $805,621 |
| 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 | $805,621 |
| 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 | $805,621 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Centro Mater Inc has recieved totaling $1,050.
| Awarding Organization | Amount |
|---|---|
The Jose M Sanchez Family Foundation Inc Coral Gables, FL PURPOSE: GENERAL SUPPORT | $1,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mill Springs Academy Inc Alpharetta, GA | $16,639,612 | $7,597,542 |
Brookhaven Innovation Academy Norcross, GA | $15,037,187 | $6,615,354 |
Jacobs Ladder Neurodevelopmental Learning Center Inc Roswell, GA | $19,026,689 | $7,969,292 |
Pepin Academies Of Pasco County Inc Riverview, FL | $12,543,463 | $5,585,503 |
North Florida School Of Special Education Jacksonville, FL | $11,766,235 | $6,180,165 |
Liberty Tech Charter School Inc Brooks, GA | $5,341,334 | $5,035,134 |
Greater Etowah Mental Retardation 310 Board Inc Gadsden, AL | $7,555,250 | $4,979,622 |
Livingstone Schools Inc Seffner, FL | $3,314,595 | $4,105,227 |
Achievement Academy Inc Lakeland, FL | $3,141,951 | $4,281,030 |
Georgia Lions Lighthouse Foundation Inc Chamblee, GA | $20,486,741 | $4,363,820 |
The Bedford School Inc Fairburn, GA | $9,572,271 | $4,571,685 |
Kesher Ld Inc North Miami Beach, FL | $3,549,386 | $4,096,712 |