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    Centro Partnership San Antonio

    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

    210-228-3862


    San Antonio TX | IRS ruling year: 2007 | EIN: 20-5981107  

     

    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

    star rating graphic

    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.

    Beacon Weights  
    Historical Ratings  
    alert icon 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

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    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 members8 out of 8 points  
    Independent Board Size - 20 independent members7 out of 7 points  
    Financial Statements - Audit and Oversight Committee15 out of 15 points  
    Material Diversion of Assets - None10 out of 10 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed2 out of 2 points  
    Conflict of Interest Policy - Listed4 out of 4 points  
    Whistleblower Policy - Missing0 out of 4 points  
    Document Retention and Destruction - Listed4 out of 4 points  
    Documents Board Meeting Minutes - Yes2 out of 2 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Missing0 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  

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