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    Centro Partnership San Antonio
    Proceed with Increased Caution
    Impact & Measurement
    Accountability & Finance
    Culture & Community
    Leadership & Adaptability

    Centro Partnership San Antonio

     
    Is this your nonprofit?
    501(c)(3) organization
    Donations are tax-deductible
    CENTROSANANTONIO.ORG
    110 BROADWAY ST STE 230
    San Antonio TX 78205-1974

    San Antonio TX | IRS ruling year: 2007 | EIN: 20-5981107  
    An EIN is a unique nine-digit number that identifies a business for tax purposes.
     
    Organization Mission
    TO PROMOTE AND REVITALIZE THE CITY OF SAN ANTONIO'S DOWNTOWN BUSINESS DISTRICT, TO INCLUDE THE ENHANCEMENT OF DOWNTOWN PROPERTY VALUES AND BUSINESS OPPORTUNITIES. ON ... (More)
     

    Rating Information

    rating
    Great

    This charity's score is 92%, earning it a Four-Star rating.

    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Historical Ratings
    Proceed with Increased Caution—Confirmed Fraud

    On October 7, 2021, San Antonio Express-News reported on improper conduct confirmed through a legal proceeding to have taken place at Centro Partnership San Antonio in an article titled, "Centro San Antonio bookkeeper who allegedly embezzled $291K strikes plea deal." For more information regarding this matter, please see San Antonio Express-News article.

    • On November 28, 2017, KSTX published an article titled "Centro San Antonio Staffer Under Investigation For Embezzlement; Longtime CEO Resigns." For more information, please see KSTX article
    • On November 29, 2017, MySanAntonio published an article titled "Mayor calls for bolstered nonprofit policies in wake of alleged Centro theft." For more information, please see MySanAntonio article
    • On February 24, 2018, The San Antonio Express-News published an article titled "Downtown nonprofit spent thousands of tax dollars to entertain, lobby." For more information, please see The San Antonio Express-News article
    • On March 20, 2018, The San Antonio Express-News published an article titled "No taxpayer money lost in Centro embezzlement, audit says." For more information, please see The San Antonio Express-News article
    • On May 9, 2019, The San Antonio Express-News published an article titled "Centro San Antonio gets new CEO as FBI probes alleged $290K embezzlement at nonprofit." For more information, please see The San Antonio Express-News article
    • On August 5, 2022, KSAT published an article titled "San Antonio bookkeeper sentenced to nearly 3 years in federal prison for embezzling $291,000 from nonprofit." For more information, please see KSAT article
    • On November 29, 2017, MySanAntonio published an article titled "Mayor calls for bolstered nonprofit policies in wake of alleged Centro theft." For more information, please see MySanAntonio article
    • On February 24, 2018, The San Antonio Express-News published an article titled "Downtown nonprofit spent thousands of tax dollars to entertain, lobby." For more information, please see The San Antonio Express-News article
    • On March 20, 2018, The San Antonio Express-News published an article titled "No taxpayer money lost in Centro embezzlement, audit says." For more information, please see The San Antonio Express-News article
    • On May 9, 2019, The San Antonio Express-News published an article titled "Centro San Antonio gets new CEO as FBI probes alleged $290K embezzlement at nonprofit." For more information, please see The San Antonio Express-News article

    For more information about our alerts methodology, see here.

    Rating Report

    Accountability & Finance
    Score

    92

    Most Recent Fiscal Year:
    FY 2022
    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
    Learn more

    Key Accountability Metrics

    Full Credit
    Partial Credit
    No Credit
    Majority Independent Board Members - 100% independent members
    8 out of 8 points
    Independent Board Size - 20 independent members
    7 out of 7 points
    Financial Statements - Audit and Oversight Committee
    15 out of 15 points
    Material Diversion of Assets - None
    10 out of 10 points

    Tax Form Disclosures and Policies

    Full Credit
    Partial Credit
    No Credit
    Website Listed on Tax Form - Listed
    2 out of 2 points
    Conflict of Interest Policy - Listed
    4 out of 4 points
    Whistleblower Policy - Missing
    0 out of 4 points
    Document Retention and Destruction - Listed
    4 out of 4 points
    Documents Board Meeting Minutes - Yes
    2 out of 2 points

    Website Disclosures

    Full Credit
    Partial Credit
    No Credit
    Tax Form Posted on Nonprofit's Website - Missing
    0 out of 4 points

    Financial Metrics

    Full Credit
    Partial Credit
    No Credit
    Liabilities to Assets: Ratio - 41.03%
    15 out of 15 points
    Program Expense: Ratio - 94.73%
    25 out of 25 points

    Additional Information

    Total Revenue and Expenses - Data Available
    Salary of Key Persons - Data Available
    IRS Published Data (Business Master File) - Data Available
    Data Sources (IRS Forms 990) - Data Available