Civic Intelligence

Esperanza Inc.

990 • Fiscal year 2021 • EIN 34-1403492

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 11, 2022

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

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

52nd percentile

0.10x

Higher debt load relative to revenue than 52% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

37th percentile

5.6%

Higher net margin than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$143,962

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

27th percentile

0.2%

Faster asset growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

37th percentile

2.7%

Faster revenue growth than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$1,597,010

Up $3,562 (+0.2%) from 2020

Net Assets

Up

$1,392,451

Up $191,001 (+16%) from 2020

Liabilities

Down

$204,559

Down $187,439 (-48%) from 2020

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin37th percentile

Revenue

Up

$2,023,703

Up $52,353 (+2.7%) from 2020

Expenses

Up

$1,909,755

Up $260,081 (+16%) from 2020

Net Income

Down

$113,948

Down $207,728 (-65%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth27th 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

2021

Assets$1,597,010
Liabilities$204,559
Net Assets$1,392,451
Open 2021 Filing

Operations Trend

Revenue Growth37th 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

2021

Revenue$2,023,703
Expenses$1,909,755
Net Income$113,948
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 11, 2022
Return Version
2020v4.2
Gross Receipts
$2,078,480
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$694,830$680,683▼ $14,147
Savings and Temporary Cash Investments$359,676$621,116▲ $261,440
Pledges and Grants Receivable$501,359$261,848▼ $239,511
Prepaid Expenses and Deferred Charges$14,713$15,916▲ $1,203
Land, Buildings, and Equipment, Net$17,416$11,993▼ $5,423
Total Assets$1,593,448$1,597,010▲ $3,562
Other Assets Total$5,454$5,454→ $0
Liabilities
Accounts Payable and Accrued Expenses$202,741$187,942▼ $14,799
Other Liabilities$189,257$11,977▼ $177,280
Deferred Revenue$0$4,640▲ $4,640
Total Liabilities$391,998$204,559▼ $187,439
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,138,703$1,157,180▲ $18,477
Net Assets Without Donor Restrictions$62,747$235,271▲ $172,524
Total Net Assets Fund Balance$1,201,450$1,392,451▲ $191,001
Total Liabilities and Net Assets / Fund Balance$1,593,448$1,597,010▲ $3,562

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,993$84,520$96,513
Other Land Buildings$0$16,971$16,971

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$359,676$184,387▲ $77,053-$621,116
2019$337,102$360▲ $22,214-$359,676
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
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victor RuizExcecutive DirectorFT$139,836$4,126$143,962

Board Members and Trustees

NameTitle
Bobbi Jean PalumboPresident
Carmen Castro-rivera1st Vice President
Pamela Hobe2nd Vice President
Adelaida MihuTrustee
Anna AvelarTrustee
Camila NegretTrustee
Edgar San JoseTrustee
Eric FriedmanTrustee
Eric LoganTrustee
Jaime CaraballoTrustee
Jose a TorresTrustee
Laura AlmazanTrustee
Maria GutierrezTrustee
Mario FrancoTrustee
Richie BachalaTrustee
Stephanie MercadoTrustee
Pablo GuevaraSecretary
Griselda RondonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,823,650
Program Service Revenue
$0
Investment Income
$27
Other Revenue
$200,026
All Other Contributions
$1,414,121
Change in Net Assets
$113,948

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,023,703
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$131,830
Total Revenue per Audited Statements
$2,155,533
Total Revenue per Form 990
$2,023,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,193,135
Other Expenses$622,120
Total Fundraising Expense$285,043
Grants and Similar Amounts Paid$94,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$504,007$196,604$193,047$893,658
Fees for Services Other$159,520$78,618-$238,138
Current Officers, Directors, Trustees, and Key Employees$81,226$31,685$31,111$144,022
Occupancy$100,918$28,164-$129,082
Grants to Domestic Individuals$94,500--$94,500
Payroll Taxes$48,818$19,043$18,699$86,560
All Other Expenses$36,489$19,351-$55,840
Other Employee Benefits$26,678$10,407$10,219$47,304
Office Expenses$25,592$16,492-$42,084
Other Expenses$26,043$767$27,163$26,810
Pension Plan Contributions$12,177$4,750$4,664$21,591
Fees for Services Accounting-$9,850-$9,850
Insurance-$7,836-$7,836
Depreciation Depletion-$5,423-$5,423
Advertising$1,896$2,616-$4,512
Conferences and Meetings$1,410$1,384-$2,794
Travel$185$1,551-$1,736
Fees for Services Legal-$813-$813
Total Functional Expenses$1,178,503$446,209$285,043$1,909,755

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,964,532
Expenses per Audited Statements$1,909,755
Total Expenses per Form 990$1,909,755
Expenses Not Reported on Form 990$54,777
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$219,018
Fundraising Direct Expenses$54,777
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fiesta of Hope$187,733$187,733$43,983$143,750
Back to School$31,285$31,285$10,794$20,491
Total Events$219,018$219,018$54,777$164,241
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$11,977
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 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, Part VI, Section B, Line 11B

“Review of form 990 - 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

“Monitoring and enforcement of conflict policy - 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

“Compensation review and approval - 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

“Available documents - the organization makes its governing documents, conflict of interest policy and financial statements available on its website and upon request at the organization's office.”

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
2022-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Ruiz
Formed
1983
Legal Domicile
Oh
Voting Board Members
18
Independent Board Members
18
Employees
26
Volunteers
187

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Contract services and other: program service expenses 159,520. Management and general expenses 78,618. Fundraising expenses 0. Total expenses 238,138.”

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.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses which were shown as an expense on the financial statements but a reduction of revenue on form 990 54,777.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses which were shown as an expense on the financial statements but a reduction of revenue on form 990 54,777.”

Raw XML AppendixShowing 400 of 608 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0202741
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0187942
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ESPERANZA, 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/AdvertisingGrp/ManagementAndGeneralAmt02616
IRS990/AdvertisingGrp/ProgramServicesAmt01896
IRS990/AdvertisingGrp/TotalAmt04512
IRS990/AllOtherContributionsAmt01414121
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt019351
IRS990/AllOtherExpensesGrp/ProgramServicesAmt036489
IRS990/AllOtherExpensesGrp/TotalAmt055840
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0VICTOR RUIZ
IRS990/BooksInCareOfDetail/PhoneNum02166517178
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03104 WEST 25TH STREET- 4TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0CLEVELAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044109
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0694830
IRS990/CashNonInterestBearingGrp/EOYAmt0680683
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt031111
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt031685
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt081226
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0144022
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01384
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01410
IRS990/ConferencesMeetingsGrp/TotalAmt02794
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01823650
IRS990/CYGrantsAndSimilarPaidAmt094500
IRS990/CYInvestmentIncomeAmt027
IRS990/CYOtherExpensesAmt0622120
IRS990/CYOtherRevenueAmt0200026
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0113948
IRS990/CYSalariesCompEmpBnftPaidAmt01193135
IRS990/CYTotalExpensesAmt01909755
IRS990/CYTotalFundraisingExpenseAmt0285043
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02023703
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt04640
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt05423
IRS990/DepreciationDepletionGrp/TotalAmt05423
IRS990/Desc0YOUTH LEADERSHIP PROGRAMS PROVIDE STUDENTS IN GRADE 6-12 WITH LEADERSHIP OPPOTUNITIES AND PROGRAMMING DESIGNED TO HELP STUDENTS ACHIEVE ACADEMICALLY AND IN LIFE. BY ENCOURAGING HEALTHY LIFE SKILLS THROUGH HANDS-ON DEVELOPMENT AND SERVICE ACTIVITIES, THESE REAL-WORLD EXPERIENCES OFFER VALUABLE LESSONS FOR CHILDREN AT CRITICAL POINTS IN THEIR LIVES. THE LEADERSHIP PROGRAMS INCLUDE THE HISPANIC YOUTH LEADERSHIP PROGRAM AND THE JUNIOR LEADERSHIP PROGRAM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01138703
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01157180
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt026
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0819981
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt0116804
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09850
IRS990/FeesForServicesAccountingGrp/TotalAmt09850
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0813
IRS990/FeesForServicesLegalGrp/TotalAmt0813
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt078618
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0159520
IRS990/FeesForServicesOtherGrp/TotalAmt0238138
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt113.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt123.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt172.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1845.00
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt184126
IRS990/Form990PartVIISectionAGrp/PersonNm0ANNA AVELAR
IRS990/Form990PartVIISectionAGrp/PersonNm1BOBBI JEAN PALUMBO
IRS990/Form990PartVIISectionAGrp/PersonNm2CAMILA NEGRET
IRS990/Form990PartVIISectionAGrp/PersonNm3CARMEN CASTRO-RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm4EDGAR SAN JOSE
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIC LOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm6GRISELDA RONDON
IRS990/Form990PartVIISectionAGrp/PersonNm7JAIME CARABALLO
IRS990/Form990PartVIISectionAGrp/PersonNm8JOSE A TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm9LAURA ALMAZAN
IRS990/Form990PartVIISectionAGrp/PersonNm10MARIO FRANCO
IRS990/Form990PartVIISectionAGrp/PersonNm11PABLO GUEVARA
IRS990/Form990PartVIISectionAGrp/PersonNm12PAMELA HOBE
IRS990/Form990PartVIISectionAGrp/PersonNm13RICHIE BACHALA
IRS990/Form990PartVIISectionAGrp/PersonNm14STEPHANIE MERCADO
IRS990/Form990PartVIISectionAGrp/PersonNm15ERIC FRIEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm16MARIA GUTIERREZ
IRS990/Form990PartVIISectionAGrp/PersonNm17ADELAIDA MIHU
IRS990/Form990PartVIISectionAGrp/PersonNm18VICTOR RUIZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18139836
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/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt31ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt122ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXCECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt054777
IRS990/FundraisingGrossIncomeAmt0219018
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt0292725
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt094500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt094500
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02078480
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07836
IRS990/InsuranceGrp/TotalAmt07836
IRS990/InvestmentIncomeGrp/ExclusionAmt027
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0101491
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017416
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011993
IRS990/LandBldgEquipCostOrOtherBssAmt0113484
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
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/NetAssetsOrFundBalancesBOYAmt01201450
IRS990/NetAssetsOrFundBalancesEOYAmt01392451
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0164241
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0164241
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt077053
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt062747
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0235271
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt028164
IRS990/OccupancyGrp/ProgramServicesAmt0100918
IRS990/OccupancyGrp/TotalAmt0129082
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016492
IRS990/OfficeExpensesGrp/ProgramServicesAmt025592
IRS990/OfficeExpensesGrp/TotalAmt042084
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05454
IRS990/OtherAssetsTotalGrp/EOYAmt05454
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt010219
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010407
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt026678
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047304
IRS990/OtherExpensesGrp/Desc0STUDENT TRAVEL, FOOD, &
IRS990/OtherExpensesGrp/Desc1TELEPHONE & INTERNET
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt0140
IRS990/OtherExpensesGrp/FundraisingAmt127163
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0233
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110622
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2767
IRS990/OtherExpensesGrp/ProgramServicesAmt040653
IRS990/OtherExpensesGrp/ProgramServicesAmt118391
IRS990/OtherExpensesGrp/ProgramServicesAmt226043
IRS990/OtherExpensesGrp/TotalAmt040886
IRS990/OtherExpensesGrp/TotalAmt129153
IRS990/OtherExpensesGrp/TotalAmt227163
IRS990/OtherExpensesGrp/TotalAmt326810
IRS990/OtherLiabilitiesGrp/BOYAmt0189257
IRS990/OtherLiabilitiesGrp/EOYAmt011977
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt035785
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt035785
IRS990/OtherRevenueTotalAmt035785
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0193047
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0196604
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0504007
IRS990/OtherSalariesAndWagesGrp/TotalAmt0893658
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt018699
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019043
IRS990/PayrollTaxesGrp/ProgramServicesAmt048818
IRS990/PayrollTaxesGrp/TotalAmt086560
IRS990/PensionPlanContributionsGrp/FundraisingAmt04664
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04750
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012177
IRS990/PensionPlanContributionsGrp/TotalAmt021591
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0501359
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0261848
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014713
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015916
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/ExpenseAmt0183331
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
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/ExpenseAmt08046
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCHOLARSHIP AND OTHER PROGRAMS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0167145
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt094500
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01781317
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt060250
IRS990/PYInvestmentIncomeAmt091
IRS990/PYOtherExpensesAmt0510249
IRS990/PYOtherRevenueAmt0189942
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0321676
IRS990/PYSalariesCompEmpBnftPaidAmt01079175
IRS990/PYTotalExpensesAmt01649674
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01971350
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0113948
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0359676
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0621116
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: 2020 COLUMNL 10/1/20 - 9/30/21; 2019 COLUMN: 10/1/19 - 9/30/20; 2018 COLUMN: 10/1/18 - 9/30/19; 2017 COLUMN: 1/1/18 - 9/30/18; AND 2016 COLUMN: 1/1/17 - 12/31/17
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II - TAX YEARS AND COLUMNS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01823650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01781317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01514523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0973865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01450602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07543957
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt091

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,597,010
Liabilities
$204,559
Net assets
$1,392,451
Revenue
$2,023,703
Expenses
$1,909,755
Net income
$113,948
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