Civic Intelligence

Esperanza Inc.

990 • Fiscal year 2022 • EIN 34-1403492

Oct 01, 2021 to Sep 30, 2022 • Filed on Jul 24, 2023

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

71st percentile

0.23x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.16x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

55th percentile

9.3%

Higher net margin than 55% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

86th percentile

$159,794

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

80th percentile

26%

Faster asset growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

79th percentile

42%

Faster revenue growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$2,014,963

Up $417,953 (+26%) from 2021

Net Assets

Up

$1,550,612

Up $158,161 (+11%) from 2021

Liabilities

Up

$464,351

Up $259,792 (+127%) from 2021

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin55th percentile

Revenue

Up

$2,871,639

Up $847,936 (+42%) from 2021

Expenses

Up

$2,603,469

Up $693,714 (+36%) from 2021

Net Income

Up

$268,170

Up $154,222 (+135%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth80th 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

2022

Assets$2,014,963
Liabilities$464,351
Net Assets$1,550,612
Open 2022 Filing

Operations Trend

Revenue Growth79th 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

2022

Revenue$2,871,639
Expenses$2,603,469
Net Income$268,170
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jul 24, 2023
Return Version
2021v4.2
Gross Receipts
$2,940,203
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$680,683$618,727▼ $61,956
Pledges and Grants Receivable$261,848$577,525▲ $315,677
Savings and Temporary Cash Investments$621,116$527,123▼ $93,993
Prepaid Expenses and Deferred Charges$15,916$21,610▲ $5,694
Land, Buildings, and Equipment, Net$11,993$0▼ $11,993
Total Assets$1,597,010$2,014,963▲ $417,953
Other Assets Total$5,454$269,978▲ $264,524
Liabilities
Other Liabilities$11,977$264,574▲ $252,597
Accounts Payable and Accrued Expenses$187,942$198,777▲ $10,835
Deferred Revenue$4,640$1,000▼ $3,640
Total Liabilities$204,559$464,351▲ $259,792
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,157,180$1,067,465▼ $89,715
Net Assets Without Donor Restrictions$235,271$483,147▲ $247,876
Total Net Assets Fund Balance$1,392,451$1,550,612▲ $158,161
Total Liabilities and Net Assets / Fund Balance$1,597,010$2,014,963▲ $417,953

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,418$1,418
Other Assets Org$5,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$621,116$16,016▼ $110,009-$527,123
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
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victor RuizExcecutive DirectorFT$155,748$4,046$159,794

Board Members and Trustees

NameTitle
Carmen Castro-riveraPresident
Adelaida MihuTrustee
Anna AvelarTrustee
Bill MccarronTrustee
Camila NegretTrustee
Edgar San JoseTrustee
Eric FriedmanTrustee
Eric LoganTrustee
Jaime CaraballoTrustee
Jose a TorresTrustee
Laura AlmazanTrustee
Leslie SuffredinoTrustee
Mario FrancoTrustee
Pablo GuevaraTrustee
Pamela HobeTrustee
Richie BachalaTrustee
Stephanie Milk WadeTrustee
Griselda RondonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,694,660
Program Service Revenue
$0
Investment Income
$-1,223
Other Revenue
$178,202
All Other Contributions
$1,490,749
Change in Net Assets
$268,170

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,871,639
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-42,700
Total Revenue per Audited Statements
$2,828,939
Total Revenue per Form 990
$2,871,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,701,754
Other Expenses$807,715
Total Fundraising Expense$196,143
Grants and Similar Amounts Paid$94,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$983,511$200,317$151,972$1,335,800
Fees for Services Other$161,703$121,371-$283,074
Current Officers, Directors, Trustees, and Key Employees$117,652$23,963$18,179$159,794
Occupancy$81,106$59,239-$140,345
Payroll Taxes$89,333$20,440$14,525$124,298
Grants to Domestic Individuals$94,000--$94,000
All Other Expenses$43,153$27,829$2$70,984
Other Employee Benefits$43,738$12,735$7,918$64,391
Office Expenses$46,598$14,565$699$61,862
Other Expenses$34,247$400$135$34,782
Pension Plan Contributions$11,867$3,456$2,148$17,471
Travel$8,987$5,904-$14,891
Fees for Services Accounting-$10,100-$10,100
Insurance-$9,775-$9,775
Advertising$4,977$259$474$5,710
Total Functional Expenses$1,871,151$536,175$196,143$2,603,469

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,670,778
Expenses per Audited Statements$2,603,469
Total Expenses per Form 990$2,603,469
Expenses Not Reported on Form 990$67,309
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$195,398
Fundraising Direct Expenses$67,309
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fiesta of Hope$190,198$190,198$53,590$136,608
Back to School$5,200$5,200$13,719$-8,519
Total Events$195,398$195,398$67,309$128,089
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$264,574
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
2023-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Ruiz
Formed
1983
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
71
Volunteers
42

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 161,703. Management and general expenses 121,371. Fundraising expenses 0. Total expenses 283,074.”

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 67,309.”

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 67,309.”

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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/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
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/FundraisingDirectExpensesAmt067309
IRS990/FundraisingGrossIncomeAmt0195398
IRS990/GainOrLossGrp/OtherAmt0-1255
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt01203911
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt094000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt094000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02940203
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09775
IRS990/InsuranceGrp/TotalAmt09775
IRS990/InvestmentIncomeGrp/ExclusionAmt032
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01418
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011993
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt01418
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01255
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/NetAssetsOrFundBalancesBOYAmt01392451
IRS990/NetAssetsOrFundBalancesEOYAmt01550612
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1255
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1255
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0128089
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0128089
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-110009
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0235271
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0483147
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt059239
IRS990/OccupancyGrp/ProgramServicesAmt081106
IRS990/OccupancyGrp/TotalAmt0140345
IRS990/OfficeExpensesGrp/FundraisingAmt0699
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014565
IRS990/OfficeExpensesGrp/ProgramServicesAmt046598
IRS990/OfficeExpensesGrp/TotalAmt061862
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05454
IRS990/OtherAssetsTotalGrp/EOYAmt0269978
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07918
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012735
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt043738
IRS990/OtherEmployeeBenefitsGrp/TotalAmt064391
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1TELEPHONE & INTERNET
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/Desc3STUDENT TRAVEL, FOOD, &
IRS990/OtherExpensesGrp/FundraisingAmt091
IRS990/OtherExpensesGrp/FundraisingAmt1135
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01175
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17584
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt217063
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3400
IRS990/OtherExpensesGrp/ProgramServicesAmt085053
IRS990/OtherExpensesGrp/ProgramServicesAmt138053
IRS990/OtherExpensesGrp/ProgramServicesAmt227173
IRS990/OtherExpensesGrp/ProgramServicesAmt334247
IRS990/OtherExpensesGrp/TotalAmt086228
IRS990/OtherExpensesGrp/TotalAmt145637
IRS990/OtherExpensesGrp/TotalAmt244327
IRS990/OtherExpensesGrp/TotalAmt334782
IRS990/OtherLiabilitiesGrp/BOYAmt011977
IRS990/OtherLiabilitiesGrp/EOYAmt0264574
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt050113
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050113
IRS990/OtherRevenueTotalAmt050113
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0151972
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0200317
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0983511
IRS990/OtherSalariesAndWagesGrp/TotalAmt01335800
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt014525
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020440
IRS990/PayrollTaxesGrp/ProgramServicesAmt089333
IRS990/PayrollTaxesGrp/TotalAmt0124298
IRS990/PensionPlanContributionsGrp/FundraisingAmt02148
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03456
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011867
IRS990/PensionPlanContributionsGrp/TotalAmt017471
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0261848
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0577525
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015916
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021610
IRS990/PrincipalOfficerNm0VICTOR RUIZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ADULT LEARNER PROGRAM ENCOURAGES THE MOTIVATION AND ACTIVE PARTICIPATION OF PARENTS AND/OR CAREGIVER IN THE EDUCATIONAL PROCESS OF THEIR CHILDREN. IN ADDITION, THE ADULT LEARNER PROGRAM SUPPORTS PARENTS AND/OR CAREGIVERS IN ACHIEVING THEIR OWN GOALS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0149213
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0FAMILY ENGAGEMENT PROGRAM: BY WORKING WITH PARENTS, ESPERANZA EMPOWERS THEM TO BE THEIR CHILDREN'S "FIRST TEACHERS AND EDUCATES THEM ON NAVIGATING AND ENGAGING IN THE EDUCATIONAL SYSTEM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0264272
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCHOLARSHIP AND OTHER PROGRAMS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0135894
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt094000
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01823650
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt094500
IRS990/PYInvestmentIncomeAmt027
IRS990/PYOtherExpensesAmt0622120
IRS990/PYOtherRevenueAmt0200026
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0113948
IRS990/PYSalariesCompEmpBnftPaidAmt01193135
IRS990/PYTotalExpensesAmt01909755
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02023703
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0268170
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0621116
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0527123
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2017 AMOUNT: $ 6,020. 2018 AMOUNT: $ 35,260. 2019 AMOUNT: $ 38,080. 2020 AMOUNT: $ 35,785. 2021 AMOUNT: $ 50,113.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE 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/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II - TAX YEARS AND COLUMNS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02694660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01823650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01781317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01514523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0973865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08788015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,014,963
Liabilities
$464,351
Net assets
$1,550,612
Revenue
$2,871,639
Expenses
$2,603,469
Net income
$268,170
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