Center For New Communities

Center For New Communities faces significant revenue decline and minimal net assets in latest filing.

EIN: 202557192 · San Antonio, TX · NTEE: T302 · Updated: 2026-03-28

$1.6MRevenue
$41KAssets
55/100Mission Score (Fair)
T302
Center For New Communities Financial Summary
MetricValue
Total Revenue$1.6M
Total Expenses$1.7M
Program Spending80%
CEO/Top Officer Pay$3
Net Assets$0
Transparency Score55/100

Is Center For New Communities Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Center For New Communities directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Center For New Communities

Center For New Communities (EIN: 202557192) is a nonprofit organization based in San Antonio, TX, classified under NTEE code T302. The organization reported total revenue of $1.6M and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For New Communities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Center For New Communities is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -9.1%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$1.6M
Total Expenses$1.7M
Surplus / Deficit$-25,067
Total Assets$41K
Total Liabilities$41K
Net Assets$0
Operating Margin-1.5%
Debt-to-Asset Ratio100.0%
Months of Reserves0.3 months

Financial Health Grade: D

In 2020, Center For New Communities reported a deficit of $25K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).

Financial Trends

Over 10 years of filings (2011–2020), Center For New Communities's revenue has declined at a compound annual growth rate (CAGR) of -9.1%.

YearRevenue ChangeExpense ChangeAsset Change
2020-58.3%-57.5%-56.8%
2019+0.3%+0.6%-48.2%
2018-1.4%-1.0%-20.3%
2017+0.9%+0.5%+136.1%
2016+4.1%-0.4%+46.7%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Center For New Communities demonstrates a concerning trend in its financial health, particularly in its latest filing period (202012) where expenses ($1,667,612) exceeded revenue ($1,642,545), resulting in a net deficit. This marks a significant drop in revenue from previous years, which consistently hovered around $3.5-$3.9 million. The organization's assets are also notably low at $41,106, exactly matching its liabilities, indicating a precarious financial position with no net assets. While the organization reports 0% officer compensation, which can be a positive for program focus, the overall financial stability and ability to sustain operations given the recent revenue decline and minimal assets are significant concerns. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent pattern of expenses closely tracking or exceeding revenue, especially in the most recent period, suggests potential operational inefficiencies or a struggle to manage costs relative to income. The dramatic decrease in revenue in 202012, from nearly $4 million in prior years to $1.6 million, warrants further investigation into its causes and the organization's strategic response. In terms of transparency, the consistent filing of IRS 990s over ten periods is a positive indicator. The explicit reporting of 0% officer compensation is also a transparent practice. However, the lack of detailed expense categories in the provided summary limits a comprehensive assessment of how funds are allocated across programs, administration, and fundraising, which is crucial for full financial transparency and donor confidence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Center For New Communities with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Center For New Communities allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

$1.6MTotal Revenue
$1.7MTotal Expenses
$41KTotal Assets
$41KTotal Liabilities
$0Net Assets

Executive Compensation Analysis

Executive compensation is reported at 0% across all ten filing periods, indicating that no officers received compensation from the organization, which is unusual for an organization with revenues historically around $3-4 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Center For New Communities's IRS 990 filings:

Strengths

The following positive indicators were identified for Center For New Communities:

Frequently Asked Questions about Center For New Communities

Is Center For New Communities a legitimate charity?

Based on AI analysis of IRS 990 filings, Center For New Communities (EIN: 202557192) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.

How does Center For New Communities spend its money?

Center For New Communities directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Center For New Communities tax-deductible?

Center For New Communities is registered as a tax-exempt nonprofit (EIN: 202557192). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Center For New Communities CEO make?

Center For New Communities's highest-compensated officer earns $3 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Center For New Communities's spending goes to programs?

Center For New Communities directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Center For New Communities compare to similar nonprofits?

With a transparency score of 55/100 (Fair), Center For New Communities is near average for NTEE category T302 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Center For New Communities located?

Center For New Communities is headquartered in San Antonio, Texas and files with the IRS under EIN 202557192. It is classified under NTEE code T302.

How many years of IRS 990 filings does Center For New Communities have?

Center For New Communities has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.

Why did the Center For New Communities' revenue drop from nearly $4 million to $1.6 million in the 202012 period?

The provided data does not specify the reason for this significant revenue decline. It could be due to changes in funding sources, economic conditions, or a shift in organizational strategy. Further investigation into their detailed financial statements would be necessary.

How does the organization sustain operations with 0% officer compensation?

With 0% officer compensation reported, it suggests that leadership roles might be filled by volunteers, or compensation is covered through other means not reported as officer compensation on the 990, or the organization relies heavily on pro bono services. This is an unusual practice for an organization of this size and revenue.

What is the breakdown of program, administrative, and fundraising expenses for the Center For New Communities?

The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would be crucial for a complete assessment of spending efficiency.

Given the low assets and recent deficit, what is the Center For New Communities' plan for financial sustainability?

The provided data indicates a precarious financial position with assets matching liabilities in the latest period and a net deficit. The organization's strategy for long-term financial sustainability is not detailed in the summary data and would require further inquiry.

Filing History

IRS 990 filing history for Center For New Communities showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2020), Center For New Communities's revenue has declined by 57.5%, moving from $3.9M to $1.6M. Total assets decreased by 79.9% over the same period, from $205K to $41K. Total functional expenses fell by 55.9%, from $3.8M to $1.7M. In its most recent filing year (2020), Center For New Communities reported a deficit of $25K, with expenses exceeding revenue. The organization holds $41K in liabilities against $41K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $1.6M $1.7M $41K $41K View 990
2019 $3.9M $3.9M $95K $102K View 990
2018 $3.9M $3.9M $184K $203K View 990
2017 $4.0M $3.9M $231K $273K View 990
2016 $3.9M $3.9M $98K $240K View 990
2015 $3.8M $3.9M $67K $228K View 990
2014 $3.9M $3.8M $747K $266K View 990
2013 $3.6M $3.4M $684K $316K View 990
2012 $3.8M $3.5M $396K $175K View 990
2011 $3.9M $3.8M $205K $192K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Center For New Communities:

2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Center For New Communities is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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