Civic Intelligence

Raices De Esperanza Inc.

990 • Fiscal year 2014 • EIN 20-3801097

Jul 01, 2013 to Jun 30, 2014 • Filed on Mar 10, 2015

Organization ProfileWWW.RAICESDEESPERANZA.ORG
420 Lincoln RdRoom/Suite 34833139-3034

(305) 397-8604

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

88th percentile

68%

Faster asset growth than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

92nd percentile

94%

Faster revenue growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2014

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$342,935

Up $139,249 (+68%) from 2013

Net Assets

Up

$331,038

Up $130,367 (+65%) from 2013

Liabilities

Up

$11,897

Up $8,882 (+295%) from 2013

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin87th percentile

Revenue

$361,285

No earlier filing loaded for comparison.

Expenses

Up

$230,918

Up $120,429 (+109%) from 2013

Net Income

$130,367

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $105,459Liabilities 2011: $398Net Assets 2011: $105,0612011Assets 2012: $136,370Liabilities 2012: $2,769Net Assets 2012: $133,6012012Assets 2013: $203,686Liabilities 2013: $3,015Net Assets 2013: $200,6712013Assets 2014: $342,935Liabilities 2014: $11,897Net Assets 2014: $331,0382014Assets 2015: $378,908Liabilities 2015: $10,907Net Assets 2015: $368,0012015Assets 2016: $72,307Liabilities 2016: $3,623Net Assets 2016: $68,6842016Assets 2017: $24,372Liabilities 2017: $2,838Net Assets 2017: $21,5342017Assets 2018: $35,951Liabilities 2018: $0Net Assets 2018: $35,9512018Assets 2019: $40,728Liabilities 2019: $0Net Assets 2019: $40,7282019Assets 2020: $17,349Liabilities 2020: $02020Assets 2021: $14,901Liabilities 2021: $02021Assets 2022: $11,316Liabilities 2022: $0Net Assets 2022: $11,3162022Assets 2023: $7,264Liabilities 2023: $02023Assets 2024: $3,074Liabilities 2024: $02024Assets 2025: $2,805Liabilities 2025: $0Net Assets 2025: $2,8052025

Highlighted filing

2014

Assets$342,935
Liabilities$11,897
Net Assets$331,038
Open 2014 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $123,141Expenses 2011: $146,499Net Income 2011: -$23,3582011Revenue 2012: $96,166Expenses 2012: $67,626Net Income 2012: $28,5402012Expenses 2013: $110,4892013Revenue 2014: $361,285Expenses 2014: $230,918Net Income 2014: $130,3672014Revenue 2015: $333,735Expenses 2015: $296,772Net Income 2015: $36,9632015Revenue 2016: $210,604Expenses 2016: $532,546Net Income 2016: -$321,9422016Revenue 2017: $360,313Expenses 2017: $428,212Net Income 2017: -$67,8992017Revenue 2018: $190,088Expenses 2018: $188,761Net Income 2018: $1,3272018Revenue 2019: $97,174Expenses 2019: $86,594Net Income 2019: $10,5802019Revenue 2020: $47,952Expenses 2020: $71,331Net Income 2020: -$23,3792020Revenue 2021: $68,166Expenses 2021: $70,614Net Income 2021: -$2,4482021Revenue 2022: $61,440Expenses 2022: $65,025Net Income 2022: -$3,5852022Revenue 2023: $45,025Expenses 2023: $49,077Net Income 2023: -$4,0522023Revenue 2024: $6,738Expenses 2024: $10,928Net Income 2024: -$4,1902024Revenue 2025: $501Expenses 2025: $770Net Income 2025: -$2692025

Highlighted filing

2014

Revenue$361,285
Expenses$230,918
Net Income$130,367
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Mar 10, 2015
Return Version
2013v4.0
Gross Receipts
$361,285
Mission and Program Overview

Mission

To empower youth to become the authors of their own futures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$141,012$283,964▲ $142,952
Pledges and Grants Receivable$60,500$57,500▼ $3,000
Land, Buildings, and Equipment, Net$2,174$1,471▼ $703
Total Assets$203,686$342,935▲ $139,249
Liabilities
Accounts Payable and Accrued Expenses$3,015$11,897▲ $8,882
Total Liabilities$3,015$11,897▲ $8,882
Net Assets / Fund Balance
Unrestricted Net Assets$195,816$331,038▲ $135,222
Temporarily Rstr Net Assets$4,855--
Total Net Assets Fund Balance$200,671$331,038▲ $130,367
Total Liabilities and Net Assets / Fund Balance$203,686$342,935▲ $139,249

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,471$1,550$3,021
Equipment-$1,354$1,354
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Raul MoasDirector/exeFT$53,250$53,250

Board Members and Trustees

NameTitle
Jose JimenezChairman
Alex BuznegoDirector
Chris GueitsDirector
Ernesto De La FeDirector
Felice GorordoDirector
Kenneth SinkovitzDirector
Sissi RodriguezDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$357,459
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3,826
All Other Contributions
$357,459
Change in Net Assets
$130,367

Audited Revenue Reconciliation

Revenue per Audited Statements
$361,285
Revenue Not Reported on Form 990
$11,556
Total Revenue per Audited Statements
$372,841
Total Revenue per Form 990
$361,285
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$122,830
Salaries, Compensation, and Employee Benefits$108,088
Total Fundraising Expense$31,393
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$52,430$3,550$14,179$70,159
Other Salaries and Wages$23,202$1,564$6,279$31,045
Travel$26,872-$1,630$28,502
Fees for Services Other$10,375$10,835-$21,210
All Other Expenses$5,913$4,809$1,284$12,006
Office Expenses$5,053$1,793$2,280$9,126
Payroll Taxes$5,165$342$1,377$6,884
Other Expenses$3,833$40$435$3,833
Occupancy$572$2,151-$2,723
Insurance-$969-$969
Depreciation Depletion-$702-$702
Advertising$272--$272
Total Functional Expenses$172,770$26,755$31,393$230,918

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$242,474
Expenses per Audited Statements$230,918
Total Expenses per Form 990$230,918
Expenses Not Reported on Form 990$11,556
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“A copy of the tax return will be provided to the governing body before it is filed.”

Form 990, Page 6, Part VI, Line 12C

“Officers, directors and management employees are required to certify annually that they are in compliance with the conflicts of interest policy.”

Form 990, Page 6, Part VI, Line 15A

“Board of directors review and approve executive director's compensation.”

Form 990, Page 6, Part VI, Line 19

“The governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

EIN
20-3801097
Phone
3053978604

Signing Officer

Name
Raul Moas
Title
Executive Director
Phone
3053978604
Signed
2015-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose Jimenez
Formed
2005
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
60

Preparer

Preparer
Octavio R Verdeja
Phone
3054463177
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization is exempt from income tax under section 501(c) (3) of the internal revenue code and therefore, has made no provision for federal income taxes in the accompanying financial statements. In addition, the organization qualifies for the charitable contribution deduction under section 170 (b) (1) (a) and has been classified as an organization other than a private foundation under section 509 (a) (2). There are no reserves held for uncertain tax positions at june 30, 2014. Tax years that are open under the statute of limitations remain subject to examination by the irs. The organization is generally no longer subject to u.s. Federal or state examinations by tax authorities for years before 2011.”

Raw XML AppendixShowing 400 of 401 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03015
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011897
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO EMPOWER YOUTH TO BECOME THE AUTHORS OF THEIR OWN FUTURES.
IRS990/AdvertisingGrp/ProgramServicesAmt0272
IRS990/AdvertisingGrp/TotalAmt0272
IRS990/AllOtherContributionsAmt0357459
IRS990/AllOtherExpensesGrp/FundraisingAmt01284
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04809
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05913
IRS990/AllOtherExpensesGrp/TotalAmt012006
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0ANTHONY VEGA
IRS990/BooksInCareOfDetail/PhoneNum03057351868
IRS990/BooksInCareOfDetail/USAddress/AddressLine10420 LINCOLN ROAD SUITE 348
IRS990/BooksInCareOfDetail/USAddress/City0MIAMI
IRS990/BooksInCareOfDetail/USAddress/State0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCode033139
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0141012
IRS990/CashNonInterestBearingGrp/EOYAmt0283964
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt014179
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt03550
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt052430
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt070159
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0357459
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0122830
IRS990/CYOtherRevenueAmt03826
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0130367
IRS990/CYSalariesCompEmpBnftPaidAmt0108088
IRS990/CYTotalExpensesAmt0230918
IRS990/CYTotalFundraisingExpenseAmt031393
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0361285
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0702
IRS990/DepreciationDepletionGrp/TotalAmt0702
IRS990/Desc0IN THE PAST YEAR, ROOTS OF HOPE HAS PROFOUNDLY INCREASED THE BREADTH AND DEPTH OF OUR IMPACT IN CUBA AND ABROAD. OUR TECH FOR CUBA, HACKATHON SERIES AND OTHER TECHNOLOGY PROGRAMS CONTINUE TO BOOST THE CONNECTIVITY OF YOUTH IN CUBA THROUGH HARDWARE AND SOFTWARE SOLUTIONS. WE HAVE EXPANDED OUR COLLABORATIONS WITH THOUGHT LEADERS ON THE GROUND, AS WELL AS PARTNERED WITH WORLD RENOWNED COMPANIES IN THE US TO EMPOWER CHANGEMAKERS IN A MEANINGFUL WAY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0172770
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010835
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010375
IRS990/FeesForServicesOtherGrp/TotalAmt021210
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt060.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0RAUL MOAS
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSE JIMENEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRIS GUEITS
IRS990/Form990PartVIISectionAGrp/PersonNm3KENNETH SINKOVITZ
IRS990/Form990PartVIISectionAGrp/PersonNm4FELICE GORORDO
IRS990/Form990PartVIISectionAGrp/PersonNm5ALEX BUZNEGO
IRS990/Form990PartVIISectionAGrp/PersonNm6SISSI RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm7ERNESTO DE LA FE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt053250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR/EXE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0361285
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0969
IRS990/InsuranceGrp/TotalAmt0969
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02904
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02174
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01471
IRS990/LandBldgEquipCostOrOtherBssAmt04375
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO EMPOWER YOUTH TO BECOME THE AUTHORS OF THEIR OWN FUTURES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0200671
IRS990/NetAssetsOrFundBalancesEOYAmt0331038
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02151
IRS990/OccupancyGrp/ProgramServicesAmt0572
IRS990/OccupancyGrp/TotalAmt02723
IRS990/OfficeExpensesGrp/FundraisingAmt02280
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01793
IRS990/OfficeExpensesGrp/ProgramServicesAmt05053
IRS990/OfficeExpensesGrp/TotalAmt09126
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0FELLOWSHIP
IRS990/OtherExpensesGrp/Desc1EVENT PRODUCTIONS
IRS990/OtherExpensesGrp/Desc2MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc3PROGRAM PRODUCTION
IRS990/OtherExpensesGrp/FundraisingAmt03929
IRS990/OtherExpensesGrp/FundraisingAmt1435
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt040
IRS990/OtherExpensesGrp/ProgramServicesAmt025342
IRS990/OtherExpensesGrp/ProgramServicesAmt16176
IRS990/OtherExpensesGrp/ProgramServicesAmt27565
IRS990/OtherExpensesGrp/ProgramServicesAmt33833
IRS990/OtherExpensesGrp/TotalAmt025342
IRS990/OtherExpensesGrp/TotalAmt110105
IRS990/OtherExpensesGrp/TotalAmt28040
IRS990/OtherExpensesGrp/TotalAmt33833
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03826
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03826
IRS990/OtherRevenueTotalAmt03826
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06279
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01564
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt023202
IRS990/OtherSalariesAndWagesGrp/TotalAmt031045
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01377
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0342
IRS990/PayrollTaxesGrp/ProgramServicesAmt05165
IRS990/PayrollTaxesGrp/TotalAmt06884
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt060500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt057500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOSE JIMENEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0171165
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0152
IRS990/PYOtherExpensesAmt060719
IRS990/PYOtherRevenueAmt06242
IRS990/PYRevenuesLessExpensesAmt067070
IRS990/PYSalariesCompEmpBnftPaidAmt049770
IRS990/PYTotalExpensesAmt0110489
IRS990/PYTotalRevenueAmt0177559
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0130367
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0357459
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0171165
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt085087
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt044974
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0206207
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0864892
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0152
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0790
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0277
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01281
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03826
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06242
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt015093
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03511
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03418
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt032090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0152
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0790
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0277
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01281
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99860
IRS990ScheduleA/PublicSupportPY509Pct00.99760
IRS990ScheduleA/PublicSupportTotal509Amt0896982
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0361285
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0177407
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0100180
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt048485
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0209625
IRS990ScheduleA/Total509Grp/TotalAmt0896982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0361285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0177559
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0100242
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt049275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0209902
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0898263
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt011556
IRS990ScheduleD/DonatedServicesUseFcltsAmt011556
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01354
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01354
IRS990ScheduleD/ExpensesNotReportedAmt011556
IRS990ScheduleD/ExpensesSubtotalAmt0230918
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01471
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01550
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03021
IRS990ScheduleD/RevenueNotReportedAmt011556
IRS990ScheduleD/RevenueSubtotalAmt0361285
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND THEREFORE, HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 (B) (1) (A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509 (A) (2). THERE ARE NO RESERVES HELD FOR UNCERTAIN TAX POSITIONS AT JUNE 30, 2014. TAX YEARS THAT ARE OPEN UNDER THE STATUTE OF LIMITATIONS REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01471
IRS990ScheduleD/TotalExpensesPerForm990Amt0230918
IRS990ScheduleD/TotalRevenuePerForm990Amt0361285
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0372841
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0242474
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE TAX RETURN WILL BE PROVIDED TO THE GOVERNING BODY BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, DIRECTORS AND MANAGEMENT EMPLOYEES ARE REQUIRED TO CERTIFY ANNUALLY THAT THEY ARE IN COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEW AND APPROVE EXECUTIVE DIRECTOR'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04855
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0203686
IRS990/TotalAssetsEOYAmt0342935
IRS990/TotalAssetsGrp/BOYAmt0203686
IRS990/TotalAssetsGrp/EOYAmt0342935
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0357459
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt031393
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026755
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0172770
IRS990/TotalFunctionalExpensesGrp/TotalAmt0230918
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03015
IRS990/TotalLiabilitiesEOYAmt011897
IRS990/TotalLiabilitiesGrp/BOYAmt03015
IRS990/TotalLiabilitiesGrp/EOYAmt011897
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0200671
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0331038
IRS990/TotalProgramServiceExpensesAmt0172770
IRS990/TotalReportableCompFromOrgAmt053250
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03826
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0361285
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0203686
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0342935
IRS990/TravelGrp/FundraisingAmt01630
IRS990/TravelGrp/ProgramServicesAmt026872
IRS990/TravelGrp/TotalAmt028502
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0195816
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0331038
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10420 LINCOLN RD SUITE 348
IRS990/USAddress/City0MIAMI BEACH
IRS990/USAddress/State0FL
IRS990/USAddress/ZIPCode0331393034
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.RAICESDEESPERANZA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAUL MOAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03053978604
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10RAICES DE ESPERANZA INC
ReturnHeader/Filer/BusinessNameControlTxt0RAIC
ReturnHeader/Filer/EIN0203801097
ReturnHeader/Filer/PhoneNum03053978604
ReturnHeader/Filer/USAddress/AddressLine10420 LINCOLN RD
ReturnHeader/Filer/USAddress/AddressLine20ROOM/SUITE 348
ReturnHeader/Filer/USAddress/City0MIAMI BEACH
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode0331393034
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204989621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10VERDEJA & DE ARMAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10255 ALHAMBRA CIR STE 560
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CORAL GABLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0331347417
ReturnHeader/PreparerPersonGrp/PhoneNum03054463177
ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0OCTAVIO R VERDEJA
ReturnHeader/ReturnTs02015-04-28T15:28:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$342,935
Liabilities
$11,897
Net assets
$331,038
Revenue
$361,285
Expenses
$230,918
Net income
$130,367
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.01$0.01$0.00
2024Summary only. Only limited summary data is available for this year.$0.03$0.00$0.07$0.11$0.04
2023Summary only. Only limited summary data is available for this year.$0.07$0.00$0.45$0.49$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.61$0.65$0.04
2021Summary only. Only limited summary data is available for this year.$0.15$0.00$0.68$0.71$0.02
2020Summary only. Only limited summary data is available for this year.$0.17$0.00$0.48$0.71$0.23
2019Summary only. Only limited summary data is available for this year.$0.41$0.00$0.41$0.97$0.87$0.11
2018Summary only. Only limited summary data is available for this year.$0.36$0.00$0.36$1.90$1.89$0.01
2017Summary only. Only limited summary data is available for this year.$0.24$0.03$0.22$3.60$4.28$0.68
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.04$0.69$2.11$5.33$3.22
2015Detailed filing. Detailed filing data is available for this year.$3.79$0.11$3.68$3.34$2.97$0.37
2014Detailed filing. Detailed filing data is available for this year.$3.43$0.12$3.31$3.61$2.31$1.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.03$2.01$1.10
2012Summary only. Only limited summary data is available for this year.$1.36$0.03$1.34$0.96$0.68$0.29
2011Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$1.23$1.46$0.23