Civic Intelligence

Esperanza Inc.

990 • Fiscal year 2019 • EIN 34-1403492

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 17, 2020

Organization ProfileWWW.ESPERANZAINC.ORG

View Organization Page

3104 West 25th Street - 4th FloorCleveland, OH 44109

(216) 651-7178

Siviq Scores

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

Liabilities / Assets

67th percentile

0.22x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.14x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

29th percentile

-4.0%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

81st percentile

$139,876

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

36th percentile

-0.8%

Faster asset growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Revenue Growth

49th percentile

3.6%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$1,097,853

Down $16,804 (-1.5%) from 2017

Net Assets

Down

$857,560

Down $120,214 (-12%) from 2017

Liabilities

Up

$240,293

Up $103,410 (+76%) from 2017

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin29th percentile

Revenue

Up

$1,743,507

Up $117,909 (+7.3%) from 2017

Expenses

Up

$1,812,689

Up $286,331 (+19%) from 2017

Net Income

Down

-$69,182

Down $168,422 (-170%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $545,553Liabilities 2012: $91,960Net Assets 2012: $453,5932012Assets 2013: $580,189Liabilities 2013: $112,707Net Assets 2013: $467,4822013Assets 2014: $671,246Liabilities 2014: $152,557Net Assets 2014: $518,6892014Assets 2015: $707,832Liabilities 2015: $155,358Net Assets 2015: $552,4742015Assets 2016: $611,450Liabilities 2016: $120,383Net Assets 2016: $491,0672016Assets 2017: $1,114,657Liabilities 2017: $136,883Net Assets 2017: $977,7742017Assets 2019: $1,097,853Liabilities 2019: $240,293Net Assets 2019: $857,5602019Assets 2020: $1,593,448Liabilities 2020: $391,998Net Assets 2020: $1,201,4502020Assets 2021: $1,597,010Liabilities 2021: $204,559Net Assets 2021: $1,392,4512021Assets 2022: $2,014,963Liabilities 2022: $464,351Net Assets 2022: $1,550,6122022Assets 2023: $2,502,569Liabilities 2023: $445,892Net Assets 2023: $2,056,6772023Assets 2024: $2,751,824Liabilities 2024: $369,194Net Assets 2024: $2,382,6302024

Highlighted filing

2019

Assets$1,097,853
Liabilities$240,293
Net Assets$857,560
Open 2019 Filing

Operations Trend

Revenue Growth49th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,226,0612012Revenue 2013: $1,289,922Expenses 2013: $1,276,033Net Income 2013: $13,8892013Revenue 2014: $1,587,900Expenses 2014: $1,536,693Net Income 2014: $51,2072014Revenue 2015: $1,778,846Expenses 2015: $1,745,061Net Income 2015: $33,7852015Revenue 2016: $1,566,459Expenses 2016: $1,663,394Net Income 2016: -$96,9352016Revenue 2017: $1,625,598Expenses 2017: $1,526,358Net Income 2017: $99,2402017Revenue 2019: $1,743,507Expenses 2019: $1,812,689Net Income 2019: -$69,1822019Revenue 2020: $1,971,350Expenses 2020: $1,649,674Net Income 2020: $321,6762020Revenue 2021: $2,023,703Expenses 2021: $1,909,755Net Income 2021: $113,9482021Revenue 2022: $2,871,639Expenses 2022: $2,603,469Net Income 2022: $268,1702022Revenue 2023: $3,662,890Expenses 2023: $3,326,903Net Income 2023: $335,9872023Revenue 2024: $3,640,279Expenses 2024: $3,438,434Net Income 2024: $201,8452024

Highlighted filing

2019

Revenue$1,743,507
Expenses$1,812,689
Net Income-$69,182
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 17, 2020
Return Version
2018v3.2
Gross Receipts
$1,805,262
Mission and Program Overview

Mission

Esperanza, inc.'s mission is to improve the academic achievement of hispanics in greater cleveland, ohio by supporting students to graduate high school & promoting post-secondary educational attainment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$494,616$453,134▼ $41,482
Savings and Temporary Cash Investments$314,038$337,102▲ $23,064
Pledges and Grants Receivable$266,190$262,731▼ $3,459
Land, Buildings, and Equipment, Net$7,954$25,644▲ $17,690
Prepaid Expenses and Deferred Charges$4,558$14,242▲ $9,684
Total Assets$1,092,356$1,097,853▲ $5,497
Other Assets Total$5,000$5,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$162,007$213,239▲ $51,232
Other Liabilities$6,671$25,802▲ $19,131
Deferred Revenue$0$1,252▲ $1,252
Total Liabilities$168,678$240,293▲ $71,615
Net Assets / Fund Balance
Temporarily Rstr Net Assets$702,062$690,478▼ $11,584
Unrestricted Net Assets$221,616$167,082▼ $54,534
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$923,678$857,560▼ $66,118
Total Liabilities and Net Assets / Fund Balance$1,092,356$1,097,853▲ $5,497

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,173$71,340$96,513
Other Land Buildings$471$16,500$16,971

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$314,038$20,000▲ $3,064-$337,102
2017$206,532$98,391▲ $9,115-$314,038
2016$173,090$4,610▲ $28,832-$206,532
2015$166,411-▲ $8,528-$173,090
2014$145,089$22,461▲ $262-$166,411
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victor RuizExcutive DirectorFT$135,973$3,903$139,876

Board Members and Trustees

NameTitle
Gregory C PerelkaPresident
Sylvia Perez1st Vice President
Humberto Sanchez2nd Vice President
Anna AvelarTrustee
Carmen Castro-riveraTrustee
David H TurnerTrustee
Eric FriedmanTrustee
Eric LoganTrustee
Jose a TorresTrustee
Julie TeboTrustee
Laura AlmazanTrustee
Mario FrancoTrustee
Pamela HobeTrustee
Patty MottaTrustee
Paul HarrisTrustee
Richie BachalaTrustee
Stephanie MercadoTrustee
Suzanne M RiveraTrustee
Pablo GuevaraSecretary
Bobbi Jean PalumboTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,514,523
Program Service Revenue
$0
Investment Income
$248
Other Revenue
$228,736
All Other Contributions
$1,220,148
Change in Net Assets
$-69,182

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,743,507
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,743,507
Total Revenue per Form 990
$1,743,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,174,950
Other Expenses$542,929
Grants and Similar Amounts Paid$94,810
Total Fundraising Expense$92,543
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$687,810$122,557$64,052$874,419
Current Officers, Directors, Trustees, and Key Employees$110,026$19,604$10,246$139,876
Fees for Services Other$128,005$11,485-$139,490
Occupancy$104,135$16,847$10,080$131,062
Grants to Domestic Individuals$94,810--$94,810
Payroll Taxes$54,790$17,516$7,430$79,736
Other Employee Benefits$36,691$23,368$551$60,610
Office Expenses$25,541$10,919-$36,460
Pension Plan Contributions$12,295$7,830$184$20,309
Other Expenses$7,749$11,639-$19,388
All Other Expenses$16,166$2,362-$18,528
Fees for Services Accounting-$17,375-$17,375
Travel$8,970$5,461-$14,431
Conferences and Meetings$10,370$3,460-$13,830
Depreciation Depletion-$7,089-$7,089
Insurance$5,074$1,726-$6,800
Fees for Services Legal-$5,000-$5,000
Advertising$557$1,890-$2,447
Total Functional Expenses$1,418,930$301,216$92,543$1,812,689

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,812,689
Total Expenses per Audited Statements$1,812,689
Total Expenses per Form 990$1,812,689
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$255,231
Fundraising Direct Expenses$61,755
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fiesta of Hope$217,306$217,306$61,755$155,551
Back to School$37,925$37,925-$37,925
Total Events$255,231$255,231$61,755$193,476
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligations$25,407
Agency Funds$395
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Part VI, Section B, Line 11B

“A copy of the form 990 is provided to the executive committee for approval prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Each member of the board is provided with a copy of the organization's conflict of interest policy and must sign a form indicating that he or she has read the policy and is in compliance.”

Form 990, Part VI, Section B, Line 15A

“The compensation approval process for the executive director's salary is determined by looking at other organizations & industry standards. The board also considers the limited resources of the organization.”

Form 990, Part VI, Section C, Line 19

“These documents & statements are available on the organization's website & upon request at the organization's office facilities.”

Filing and Contact Details

Filer

Filer Name
Esperanza Inc
EIN
34-1403492
Phone
2166517178
Address
3104 WEST 25TH STREET - 4TH FLOOR, CLEVELAND, OH 44109

Signing Officer

Name
Victor Ruiz
Title
Executive Director
Phone
2166517178
Signed
2020-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Ruiz
Formed
1983
Legal Domicile
Oh
Voting Board Members
20
Independent Board Members
20
Employees
21
Volunteers
290

Preparer

Firm
Maloney Novotny LLC
Address
1111 SUPERIOR AVE SUITE 700, CLEVELAND, OH 44114-2540
Preparer
Michael J Mullee
Phone
2163630100
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The endowment fund is intended to support the following key initiatives in the organization's goals to promote hispanic education & opportunity: - sustainability: secure long-term funding to maintain current programs - expansion: develop new programs providing the ability to guide children from early development to college. - endowment: grow the william senquiz scholarship fund to ensure the organization's ability to grant scholarships. Esperanza hopes to build the fund to $1.25 million dollars.”

PART X, LINE 2:

“The corporation is exempt from federal income taxes under internal revenue code section 501(c)(3). The corporation believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20135973
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt142ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt151ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXCUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt061755
IRS990/FundraisingGrossIncomeAmt0255231
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt096875
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt094810
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt094810
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01805262
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01726
IRS990/InsuranceGrp/ProgramServicesAmt05074
IRS990/InsuranceGrp/TotalAmt06800
IRS990/InvestmentIncomeGrp/ExclusionAmt0248
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0248
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt087840
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07954
IRS990/LandBldgEquipBasisNetGrp/EOYAmt025644
IRS990/LandBldgEquipCostOrOtherBssAmt0113484
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ESPERANZA, INC.'S MISSION IS TO IMPROVE THE ACADEMIC ACHIEVEMENT OF HISPANICS IN GREATER CLEVELAND, OHIO BY SUPPORTING STUDENTS TO GRADUATE HIGH SCHOOL & PROMOTING POST-SECONDARY EDUCATIONAL ATTAINMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0923678
IRS990/NetAssetsOrFundBalancesEOYAmt0857560
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0193476
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0193476
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03064
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt010080
IRS990/OccupancyGrp/ManagementAndGeneralAmt016847
IRS990/OccupancyGrp/ProgramServicesAmt0104135
IRS990/OccupancyGrp/TotalAmt0131062
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010919
IRS990/OfficeExpensesGrp/ProgramServicesAmt025541
IRS990/OfficeExpensesGrp/TotalAmt036460
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05000
IRS990/OtherAssetsTotalGrp/EOYAmt05000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0551
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023368
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036691
IRS990/OtherEmployeeBenefitsGrp/TotalAmt060610
IRS990/OtherExpensesGrp/Desc0STUDENT TRAVEL, FOOD, &
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/Desc2TELEPHONE & INTERNET
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0589
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111027
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23472
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt311639
IRS990/OtherExpensesGrp/ProgramServicesAmt081293
IRS990/OtherExpensesGrp/ProgramServicesAmt115541
IRS990/OtherExpensesGrp/ProgramServicesAmt219107
IRS990/OtherExpensesGrp/ProgramServicesAmt37749
IRS990/OtherExpensesGrp/TotalAmt081882
IRS990/OtherExpensesGrp/TotalAmt126568
IRS990/OtherExpensesGrp/TotalAmt222579
IRS990/OtherExpensesGrp/TotalAmt319388
IRS990/OtherLiabilitiesGrp/BOYAmt06671
IRS990/OtherLiabilitiesGrp/EOYAmt025802
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt035260
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt035260
IRS990/OtherRevenueTotalAmt035260
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt064052
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0122557
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0687810
IRS990/OtherSalariesAndWagesGrp/TotalAmt0874419
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07430
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017516
IRS990/PayrollTaxesGrp/ProgramServicesAmt054790
IRS990/PayrollTaxesGrp/TotalAmt079736
IRS990/PensionPlanContributionsGrp/FundraisingAmt0184
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07830
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012295
IRS990/PensionPlanContributionsGrp/TotalAmt020309
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0266190
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0262731
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04558
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014242
IRS990/PrincipalOfficerNm0VICTOR RUIZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0FAMILY ENGAGEMENT PROGRAM: BY WORKING WITH PARENTS, ESPERANZA EMPOWERS THEM TO BE THEIR CHILDREN'S "FIRST TEACHERS AND EDUCATES THEM ON NAVIGATING AND ENGAGING THE EDUCATIONAL SYSTEM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0261282
IRS990/ProgSrvcAccomActy3Grp/Desc0THROUGH THE MENTORING AND TUTORING PROGRAM, ESPERANZA'S STAFF MATCHES STUDENTS WITH ADULTS BASED ON SIMILAR INTERESTS, FIELDS OF STUDY, OR CAREER PATHS. THE MENTORING AND TUTORING PROGRAM INCLUDES ESPERANZA'S LATINA LEADERSHIP ALLIANCE AND ESPERANZA'S LATINO LEADERS FOR AN OUTSTANDING SOCIETY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0202793
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCHOLARSHIP PROGRAMS PROVIDED SCHOLARSHIPS
IRS990/ProgSrvcAccomActyOtherGrp/Desc1THE STAY IN SCHOOL, FOR COLLEGE AND CAREER (SISCO) PROGRAM REDUCED THE DROPOUT RATE AMONG HISPANIC STUDENTS THROUGH TUTORING, ENRICHMENT & MOTIVATION VIA TWO PRIMARY COMPONENTS: SISCO I CONCENTRATES ON MIDDLE SCHOOL STUDENTS, AND SISCO II CONCENTRATES ON HIGH SCHOOL STUDENTS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2THE COMPUTER TRAINING PROGRAM ENHANCES THE ACADEMIC & COMPUTER SKILLS OF STUDENTS & IMPROVES COMPUTER LITERACY FOR ADULTS FOR THEIR PERSONAL ENJOYMENT & JOB READINESS. THE CENTER PROVIDES A FREE-ACCESS LOCATION & FREE CLASSES YEAR-ROUND FOR YOUTHS & ADULTS. ESPERANZA OFFERS SEVERAL 10 TO 14 WEEK COMPUTER TRAINING PROGRAMS IN THE SPRING, SUMMER & FALL TO ADULTS INTERESTED IN LEARNING WORK READINESS SKILLS, HOW TO USE THE COMPUTER, INTERNET, & MICROSOFT OFFICE: WORD, EXCEL, & POWERPOINT. RESUME WRITING & BUDGETING SEMINARS ARE INCLUDED.
IRS990/ProgSrvcAccomActyOtherGrp/Desc3OTHER PROGRAM SERVICES
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt094810
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt15426
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt215248
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt38903
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt094810
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0973865
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0121500
IRS990/PYInvestmentIncomeAmt0758
IRS990/PYOtherExpensesAmt0436736
IRS990/PYOtherRevenueAmt0257556
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-112974
IRS990/PYSalariesCompEmpBnftPaidAmt0786917
IRS990/PYTotalExpensesAmt01345153
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01232179
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-69182
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0314038
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0337102
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION CHANGED ITS ACCOUNTING PERIOD WHICH RESULTED IN A SHORT-YEAR FORM 990 FILING FOR THE PERIOD OF JANAURY 1, 2018 TO SEPTEMBER 30, 2018. THE COLUMN LABELS IN PART II THEREFORE DO NOT MATCH WITH THE TAX YEARS OF THE ORGANIZATION. SPECIFICALLY, WE HAVE PRESENTED REVENUE AMOUNTS FOR THE FOLLOWING TAX PERIODS IN THE RESPECTIVE COLUMNS: 2018 COLUMN: 10/1/18 - 9/30/19; 2017 COLUMN: 1/1/18 - 9/30/18; 2016 COLUMN: 1/1/17 - 12/31/17; 2015 COLUMN: 1/1/16 - 12/31/16; AND 2014 COLUMN: 1/1/15 - 12/31/15.

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,097,853
Liabilities
$240,293
Net assets
$857,560
Revenue
$1,743,507
Expenses
$1,812,689
Net income
-$69,182
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.75$0.37$2.38$3.64$3.44$0.20
2023Detailed filing. Detailed filing data is available for this year.$2.50$0.45$2.06$3.66$3.33$0.34
2022Detailed filing. Detailed filing data is available for this year.$2.01$0.46$1.55$2.87$2.60$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.60$0.20$1.39$2.02$1.91$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.59$0.39$1.20$1.97$1.65$0.32
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.24$0.86$1.74$1.81$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.14$0.98$1.63$1.53$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.12$0.49$1.57$1.66$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.16$0.55$1.78$1.75$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.15$0.52$1.59$1.54$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.58$0.11$0.47$1.29$1.28$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.09$0.45$1.23