Civic Intelligence

Advance Community

990 • Fiscal year 2021 • EIN 23-7087997

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 01, 2022

1911 W Earll DrPhoenix, AZ 85015

(602) 252-7772

Siviq Scores

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

Liabilities / Assets

26th percentile

0.02x

Higher debt load relative to assets than 26% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.02x

Higher debt load relative to revenue than 17% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

13th percentile

-10%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

57th percentile

$135,675

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

10th percentile

-6.0%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

64th percentile

24%

Faster revenue growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$5,441,350

Down $349,318 (-6.0%) from 2020

Net Assets

Down

$5,322,655

Down $248,210 (-4.5%) from 2020

Liabilities

Down

$118,695

Down $101,108 (-46%) from 2020

Revenue

Up

$6,254,159

Up $1,221,391 (+24%) from 2020

Expenses

Up

$6,909,009

Up $3,063,612 (+80%) from 2020

Net Income

Down

-$654,850

Down $1,842,221 (-155%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2016: $3,970,701Liabilities 2016: $41,734Net Assets 2016: $3,928,9672016Assets 2018: $3,642,574Liabilities 2018: $25,137Net Assets 2018: $3,617,4372018Assets 2019: $4,307,448Liabilities 2019: $52,806Net Assets 2019: $4,254,6422019Assets 2020: $5,790,668Liabilities 2020: $219,803Net Assets 2020: $5,570,8652020Assets 2021: $5,441,350Liabilities 2021: $118,695Net Assets 2021: $5,322,6552021Assets 2022: $4,252,861Liabilities 2022: $93,457Net Assets 2022: $4,159,4042022

Highlighted filing

2021

Assets$5,441,350
Liabilities$118,695
Net Assets$5,322,655

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $3,545,254Expenses 2016: $3,551,448Net Income 2016: -$6,1942016Revenue 2018: $3,599,363Expenses 2018: $3,332,408Net Income 2018: $266,9552018Revenue 2019: $5,226,613Expenses 2019: $4,565,334Net Income 2019: $661,2792019Revenue 2020: $5,032,768Expenses 2020: $3,845,397Net Income 2020: $1,187,3712020Revenue 2021: $6,254,159Expenses 2021: $6,909,009Net Income 2021: -$654,8502021Revenue 2022: $4,907,528Expenses 2022: $5,441,547Net Income 2022: -$534,0192022

Highlighted filing

2021

Revenue$6,254,159
Expenses$6,909,009
Net Income-$654,850
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 1, 2022
Return Version
2020v4.0
Gross Receipts
$6,471,544
Mission and Program Overview

Mission

We build optimal health in under-resourced communities across the globe.

Esperana's mission is to improve health and provide hope through disease prevention, education and treatment for every life we touch.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,175,482$3,675,843▲ $500,361
Cash and Non-Interest-Bearing Accounts$1,292,683$669,313▼ $623,370
Land, Buildings, and Equipment, Net$573,087$567,084▼ $6,003
Pledges and Grants Receivable$313,147$295,686▼ $17,461
Savings and Temporary Cash Investments$395,852$206,552▼ $189,300
Prepaid Expenses and Deferred Charges$40,417$26,872▼ $13,545
Total Assets$5,790,668$5,441,350▼ $349,318
Liabilities
Other Liabilities$149,200--
Accounts Payable and Accrued Expenses$70,603$118,695▲ $48,092
Total Liabilities$219,803$118,695▼ $101,108
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,225,298$4,269,474▲ $44,176
Net Assets With Donor Restrictions$1,345,567$1,053,181▼ $292,386
Total Net Assets Fund Balance$5,570,865$5,322,655▼ $248,210
Total Liabilities and Net Assets / Fund Balance$5,790,668$5,441,350▼ $349,318

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$488,820$229,283$718,103
Equipment$23,003$32,302$55,305
Land$32,918-$32,918
Other Land Buildings$22,343-$22,343

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$2,349,039-▲ $306,200$261,735$2,029,931
2019$2,434,232-▲ $169,162$169,162$2,349,039
2018$2,999,233-▲ $71,300$71,300$2,434,233
2017$2,999,233-▲ $45,627$45,627$2,999,233
2016$3,037,223-▲ $318,001$355,991$2,999,233
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeri RoycePresident/ceFT$135,675$135,675

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$6,031,123
Program Service Revenue
$0
Investment Income
$149,028
Other Revenue
$74,008
All Other Contributions
$5,719,423
Change in Net Assets
$-654,850

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Drugs and Medical Supplies1$4,563,762Fair Market Value (FMV)
Total Noncash Contributions1$4,563,762-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,254,159
Revenue Not Reported on Form 990
$1,620,284
Total Revenue per Audited Statements
$7,874,443
Total Revenue per Form 990
$6,254,159
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,053,950
Salaries, Compensation, and Employee Benefits$1,093,045
Grants and Similar Amounts Paid$762,014
Total Fundraising Expense$428,268
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$490,649$165,470$192,051$848,170
Foreign Grants$762,014--$762,014
Fees for Services Other$54,860$28,707$83,354$166,921
Other Employee Benefits$75,592$26,229$28,412$130,233
Office Expenses$53,803$11,817$64,169$129,789
Payroll Taxes$38,794$13,377$14,715$66,886
Pension Plan Contributions$27,642$9,369$10,745$47,756
Travel$24,282$200$6,369$30,851
Depreciation Depletion$16,441$5,669$6,236$28,346
Other Expenses$12,226$4,216$4,638$21,080
All Other Expenses$10,265$3,539$3,893$17,697
Insurance$8,153$2,811$3,093$14,057
Conferences and Meetings$7,872$2,134$3,654$13,660
Occupancy$4,205$1,450$1,595$7,250
Fees for Services Legal-$2,961-$2,961
Total Functional Expenses$6,197,839$282,902$428,268$6,909,009

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,122,653
Expenses per Audited Statements$6,909,009
Total Expenses per Form 990$6,909,009
Expenses Not Reported on Form 990$1,213,644
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$91,611
Fundraising Direct Expenses$17,603
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hope Breakfast$91,611$91,611$17,603$74,008
Total Events$91,611$91,611$17,603$74,008
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 35% controlled entity
No
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

Esperanca's board treaurer worked for henry & horne cpa firm. Our completed form 990 is given to henry & horne for review prior to being distributed to the board finance committee, for their approval. After both reviews have been approved, the form 990 is provided to all board members for approval by vote at our march board meeting.

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

The conflict of interest policy is reviewed prior to each annual board meeting in september, where all members and employees must sign a copy.

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

The governance committee conducts an annual review of the president and ceo. Compensation is approved by the entire board of directors.

Form 990, Page 6, Part VI, Line 19

Esperanca provides viewable copies of our audited financial statements as well as our most recent form 990 on our website. Additionally, we upload these important documents to charity navigator, guidestar, and other website where interested parites/donors may obtain copies.

Filing and Contact Details

Filer

Filer Name
Esperanca Inc
EIN
23-7087997
Phone
6022527772
Address
1911 W EARLL DR, PHOENIX, AZ 85015

Signing Officer

Name
Jeri Royce
Title
President/CEO
Phone
6022527772
Signed
2022-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeri Royce
Formed
1970
Legal Domicile
Az
Voting Board Members
20
Independent Board Members
20
Employees
15
Volunteers
225

Preparer

Firm
Fester & Chapman Pllc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Esperana (es-pe-ran-sah), the portuguese word for hope, resonates in everything we do. We are more than doctors, donors, volunteers. We are activists, community members, and global citizens. We are connected to our work because we are there, on the ground, letting the people tell us what they need. Of all the work esperana conducts, none is more dramatic than the effect the medical teams (consisting of a minimum of a surgeon, nurse, and anesthesiologist) have on the lives of the families served through our volunteer surgical missions. Due to the poor political climate in some of the countries we serve, we were unable to send all of the scheduled surgical teams from the united states out of safety concerns. Last year we sent only four volunteer surgical teams to ecuador, and peru. They performed 192 surgeries with an in-kind value of 2.41 million. However, through our medical partners in nicaragua we facilitated 35 medical brigade missions where we treated 3,376 patients for an in-kind value of 936,632. Patients were treated for severe burns, cleft palates, injuries & deformities, goiters, hernias, tumors, gall bladders, and a full range of obstetric and gynecological needs. Additioanlly, critical medical supplies with an in-kind value of 2.67 million were shipped to hospitals and clinics to provide life saving assistance. For more information please visit www.wetransformlives.org

Form 990, Page 2, Part III, Line 4B

Each year, esperana's public health programs serve over 45,000 people,saving thousands of lives on three continents. Currently we have projects in bolivia, ecuador, costa rica, nicaragua, mozambique, peru, and phoenix, arizona (usa), internationally, each site includes preventative health education on important health issues such as malaria, hiv/aids, chagas disease, respiratory infections, diarrheal diseases, and maternal and infant health. Clean water and sanitation, home building improvements, and nutrition and food security projects are provided in remote rural villages where improper waste disposal and unsafe drinking water, open cooking fires that lead to respiratory infections and burns, thatch roofs that house disease-bearing insects, and inadequate nutrition are some of the main factors that lead to numerous preventable diseases. Local health professionals and residents receive training, and all unskilled labor is provided by those who benefit from the projects. In arizona (usa) esperana's phoenix program identifies local communities that have high rates of poverty and lack health resources. The phoenix program develops and implements programs on obesity prevention, nutrition, physical activity, oral health, diabetes education/prevention among other chronic disease management and prevention programs for all ages from children through senior citizens.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment was established to help ensure the long-term financial sustainability of the organization. All investment income, including interest, dividends, and realized/unrealized gains/losses from these investments are available for unrestricted use.

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IRS990/Desc0ESPERANA (ES-PE-RAN-SAH), THE PORTUGUESE WORD FOR HOPE, RESONATES IN EVERYTHING WE DO. WE ARE MORE THAN DOCTORS, DONORS, VOLUNTEERS. WE ARE ACTIVISTS, COMMUNITY MEMBERS, AND GLOBAL CITIZENS. WE ARE CONNECTED TO OUR WORK BECAUSE WE ARE THERE, ON THE GROUND, LETTING THE PEOPLE TELL US WHAT THEY NEED. OF ALL THE WORK ESPERANA CONDUCTS, NONE IS MORE DRAMATIC THAN THE EFFECT THE MEDICAL TEAMS (CONSISTING OF A MINIMUM OF A SURGEON, NURSE, AND ANESTHESIOLOGIST) HAVE ON THE LIVES OF THE FAMILIES SERVED THROUGH OUR VOLUNTEER SURGICAL MISSIONS. DUE TO THE POOR POLITICAL CLIMATE IN SOME OF THE COUNTRIES WE SERVE, WE WERE UNABLE TO SEND ALL OF THE SCHEDULED SURGICAL TEAMS FROM THE UNITED STATES OUT OF SAFETY CONCERNS. LAST YEAR WE SENT ONLY FOUR VOLUNTEER SURGICAL TEAMS TO ECUADOR, AND PERU. THEY PERFORMED 192 SURGERIES WITH AN IN-KIND VALUE OF 2.41 MILLION. HOWEVER, THROUGH OUR MEDICAL PARTNERS IN NICARAGUA WE FACILITATED 35 MEDICAL BRIGADE MISSIONS WHERE WE TREATED 3,376 PATIENTS FOR AN IN-KIND VALUE OF 936,632. PATIENTS WERE TREATED FOR SEVERE BURNS, CLEFT PALATES, INJURIES & DEFORMITIES, GOITERS, HERNIAS, TUMORS, GALL BLADDERS, AND A FULL RANGE OF OBSTETRIC AND GYNECOLOGICAL NEEDS. ADDITIOANLLY, CRITICAL MEDICAL SUPPLIES WITH AN IN-KIND VALUE OF 2.67 MILLION WERE SHIPPED TO HOSPITALS AND CLINICS TO PROVIDE LIFE SAVING ASSISTANCE. FOR MORE INFORMATION PLEASE VISIT WWW.WETRANSFORMLIVES.ORG
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IRS990/ProgSrvcAccomActy2Grp/Desc0EACH YEAR, ESPERANA'S PUBLIC HEALTH PROGRAMS SERVE OVER 45,000 PEOPLE,SAVING THOUSANDS OF LIVES ON THREE CONTINENTS. CURRENTLY WE HAVE PROJECTS IN BOLIVIA, ECUADOR, COSTA RICA, NICARAGUA, MOZAMBIQUE, PERU, AND PHOENIX, ARIZONA (USA), INTERNATIONALLY, EACH SITE INCLUDES PREVENTATIVE HEALTH EDUCATION ON IMPORTANT HEALTH ISSUES SUCH AS MALARIA, HIV/AIDS, CHAGAS DISEASE, RESPIRATORY INFECTIONS, DIARRHEAL DISEASES, AND MATERNAL AND INFANT HEALTH. CLEAN WATER AND SANITATION, HOME BUILDING IMPROVEMENTS, AND NUTRITION AND FOOD SECURITY PROJECTS ARE PROVIDED IN REMOTE RURAL VILLAGES WHERE IMPROPER WASTE DISPOSAL AND UNSAFE DRINKING WATER, OPEN COOKING FIRES THAT LEAD TO RESPIRATORY INFECTIONS AND BURNS, THATCH ROOFS THAT HOUSE DISEASE-BEARING INSECTS, AND INADEQUATE NUTRITION ARE SOME OF THE MAIN FACTORS THAT LEAD TO NUMEROUS PREVENTABLE DISEASES. LOCAL HEALTH PROFESSIONALS AND RESIDENTS RECEIVE TRAINING, AND ALL UNSKILLED LABOR IS PROVIDED BY THOSE WHO BENEFIT FROM THE PROJECTS. IN ARIZONA (USA) ESPERANA'S PHOENIX PROGRAM IDENTIFIES LOCAL COMMUNITIES THAT HAVE HIGH RATES OF POVERTY AND LACK HEALTH RESOURCES. THE PHOENIX PROGRAM DEVELOPS AND IMPLEMENTS PROGRAMS ON OBESITY PREVENTION, NUTRITION, PHYSICAL ACTIVITY, ORAL HEALTH, DIABETES EDUCATION/PREVENTION AMONG OTHER CHRONIC DISEASE MANAGEMENT AND PREVENTION PROGRAMS FOR ALL AGES FROM CHILDREN THROUGH SENIOR CITIZENS.
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