Civic Intelligence

Advance Community

990 • Fiscal year 2022 • EIN 23-7087997

Oct 01, 2021 to Sep 30, 2022 • Filed on May 23, 2023

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.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

16th percentile

0.02x

Higher debt load relative to revenue than 16% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

18th percentile

-11%

Higher net margin than 18% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$160,000

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

5th percentile

-22%

Faster asset growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

17th percentile

-22%

Faster revenue growth than 17% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$4,252,861

Down $1,188,489 (-22%) from 2021

Net Assets

Down

$4,159,404

Down $1,163,251 (-22%) from 2021

Liabilities

Down

$93,457

Down $25,238 (-21%) from 2021

Revenue

Down

$4,907,528

Down $1,346,631 (-22%) from 2021

Expenses

Down

$5,441,547

Down $1,467,462 (-21%) from 2021

Net Income

Up

-$534,019

Up $120,831 (+18%) from 2021

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

2022

Assets$4,252,861
Liabilities$93,457
Net Assets$4,159,404

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

2022

Revenue$4,907,528
Expenses$5,441,547
Net Income-$534,019
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
May 23, 2023
Return Version
2021v4.0
Gross Receipts
$5,114,703
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$3,675,843$2,957,681▼ $718,162
Land, Buildings, and Equipment, Net$567,084$558,186▼ $8,898
Cash and Non-Interest-Bearing Accounts$669,313$268,382▼ $400,931
Pledges and Grants Receivable$295,686$234,385▼ $61,301
Savings and Temporary Cash Investments$206,552$206,569▲ $17
Prepaid Expenses and Deferred Charges$26,872$27,658▲ $786
Total Assets$5,441,350$4,252,861▼ $1,188,489
Liabilities
Accounts Payable and Accrued Expenses$118,695$93,457▼ $25,238
Total Liabilities$118,695$93,457▼ $25,238
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,269,474$2,963,316▼ $1,306,158
Net Assets With Donor Restrictions$1,053,181$1,196,088▲ $142,907
Total Net Assets Fund Balance$5,322,655$4,159,404▼ $1,163,251
Total Liabilities and Net Assets / Fund Balance$5,441,350$4,252,861▼ $1,188,489

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$488,356$251,332$739,688
Equipment$36,912$42,126$79,038
Land$32,918-$32,918

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$2,029,931-▲ $145,633$145,633$1,884,298
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeri RoycePresident/ceFT$160,000$160,000
Jeri RoycePresident/CEO-$160,000$160,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,706,049
Program Service Revenue
$0
Investment Income
$121,627
Other Revenue
$79,852
All Other Contributions
$4,706,049
Change in Net Assets
$-534,019

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$2,470,292Fair Market Value (FMV)
Total Noncash Contributions1$2,470,292-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,907,528
Revenue Not Reported on Form 990
$1,148,698
Total Revenue per Audited Statements
$6,056,226
Total Revenue per Form 990
$4,907,528
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,287,291
Salaries, Compensation, and Employee Benefits$1,285,897
Grants and Similar Amounts Paid$868,359
Total Fundraising Expense$552,155
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$868,359--$868,359
Other Salaries and Wages$529,645$130,241$208,385$868,271
Fees for Services Other$125,389$39,138$114,247$278,774
Current Officers, Directors, Trustees, and Key Employees$97,600$24,000$38,400$160,000
Office Expenses$56,802$12,553$77,858$147,213
Other Employee Benefits$85,320$20,980$33,568$139,868
Payroll Taxes$51,812$12,741$20,385$84,938
Travel$60,752$87$6,214$67,053
All Other Expenses$26,435$6,205$9,927$42,567
Other Expenses$22,999$4,925$8,056$35,980
Pension Plan Contributions$20,020$4,923$7,877$32,820
Depreciation Depletion$19,443$4,781$7,650$31,874
Conferences and Meetings$13,706$2,950$7,275$23,931
Fees for Services Accounting$7,098$2,216$6,467$15,781
Insurance$9,120$2,242$3,588$14,950
Fees for Services Legal-$11,381-$11,381
Occupancy$5,664$1,393$2,229$9,286
Total Functional Expenses$4,568,541$320,851$552,155$5,441,547

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,219,477
Expenses per Audited Statements$5,441,547
Total Expenses per Form 990$5,441,547
Expenses Not Reported on Form 990$1,777,930
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$134,357
Fundraising Direct Expenses$54,505
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Night With Espe$134,357$134,357$54,505$79,852
Total Events$134,357$134,357$54,505$79,852
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

The form 990 (draft) is given to the internal affairs / finance committee members for review prior to being distributed to the overall board, for their approval. Upon approval by the internal affairs committee members, the form 990 (draft) is given to each board member for review. The overall board members vote at the march board meeting, or the board meeting closest to the date of completion to approve, prior to completion and submittal to the irs.

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 parties/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
2023-05-23
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
300

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 3

During fy22, we were forced to suspend our medical supply material program due to political circumstances in the primary country that we sent supplies for nearly two decades. We hope to one day resume this important component of our international support program.

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. Additionally, 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

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. ADDITIONALLY, 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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