Civic Intelligence

Esperanza Inc.

990 • Fiscal year 2023 • EIN 34-1403492

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 12, 2024

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

65th percentile

0.18x

Higher debt load relative to assets than 65% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.12x

Higher debt load relative to revenue than 56% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

60th percentile

9.2%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$168,816

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

79th percentile

24%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

28%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$2,502,569

Up $487,606 (+24%) from 2022

Net Assets

Up

$2,056,677

Up $506,065 (+33%) from 2022

Liabilities

Down

$445,892

Down $18,459 (-4.0%) from 2022

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin60th percentile

Revenue

Up

$3,662,890

Up $791,251 (+28%) from 2022

Expenses

Up

$3,326,903

Up $723,434 (+28%) from 2022

Net Income

Up

$335,987

Up $67,817 (+25%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth79th 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

2023

Assets$2,502,569
Liabilities$445,892
Net Assets$2,056,677
Open 2023 Filing

Operations Trend

Revenue Growth73rd 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

2023

Revenue$3,662,890
Expenses$3,326,903
Net Income$335,987
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 12, 2024
Return Version
2022v5.0
Gross Receipts
$3,812,580
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
Pledges and Grants Receivable$577,525$914,909▲ $337,384
Cash and Non-Interest-Bearing Accounts$618,727$835,382▲ $216,655
Savings and Temporary Cash Investments$527,123$597,201▲ $70,078
Prepaid Expenses and Deferred Charges$21,610$12,196▼ $9,414
Land, Buildings, and Equipment, Net$0$12,114▲ $12,114
Total Assets$2,014,963$2,502,569▲ $487,606
Other Assets Total$269,978$130,767▼ $139,211
Liabilities
Accounts Payable and Accrued Expenses$198,777$305,285▲ $106,508
Other Liabilities$264,574$124,757▼ $139,817
Deferred Revenue$1,000$15,850▲ $14,850
Total Liabilities$464,351$445,892▼ $18,459
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,067,465$1,523,952▲ $456,487
Net Assets Without Donor Restrictions$483,147$532,725▲ $49,578
Total Net Assets Fund Balance$1,550,612$2,056,677▲ $506,065
Total Liabilities and Net Assets / Fund Balance$2,014,963$2,502,569▲ $487,606

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,114$6,077$18,191
Other Assets Org$5,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$527,123$0▲ $70,078-$597,201
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
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victor RuizExcecutive DirectorFT$163,516$5,300$168,816

Board Members and Trustees

NameTitle
Carmen Castro-riveraPresident
Pamela HobeVice President
Adelaida Vasquez-mihuTrustee
Alejandra Isabel MoralesTrustee
Andres ArsuagaTrustee
Bill MccarronTrustee
Camilo SernaTrustee
Edgar San JoseTrustee
Jose CedenoTrustee
Laura AlmazanTrustee
Leslie SuffrediniTrustee
Manuel CarballoTrustee
Nick MaysTrustee
Stephanie Milk WadeTrustee
Camila NegretSecretary
Jaime CaraballoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,396,702
Program Service Revenue
$0
Investment Income
$46
Other Revenue
$266,142
All Other Contributions
$1,692,048
Change in Net Assets
$335,987

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,662,890
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$219,768
Total Revenue per Audited Statements
$3,882,658
Total Revenue per Form 990
$3,662,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,206,319
Other Expenses$1,026,584
Total Fundraising Expense$104,514
Grants and Similar Amounts Paid$94,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,491,021$152,937$82,406$1,726,364
Fees for Services Other$336,387$98,844-$435,231
Current Officers, Directors, Trustees, and Key Employees$140,793$20,242$7,781$168,816
Payroll Taxes$131,124$15,805$9,632$156,561
Occupancy$109,010$31,650-$140,660
Other Employee Benefits$119,273$10,349$4,060$133,682
Grants to Domestic Individuals$94,000--$94,000
Office Expenses$48,609$21,997-$70,606
All Other Expenses$48,500$18,992-$67,492
Other Expenses$32,089$1,304-$33,393
Pension Plan Contributions$18,643$1,618$635$20,896
Fees for Services Accounting-$17,525-$17,525
Travel$7,483$5,451-$12,934
Insurance-$9,799-$9,799
Advertising$4,191$2,071-$6,262
Depreciation Depletion-$4,659-$4,659
Total Functional Expenses$2,788,040$434,349$104,514$3,326,903

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,476,593
Expenses per Audited Statements$3,326,903
Total Expenses per Form 990$3,326,903
Expenses Not Reported on Form 990$149,690
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$397,791
Fundraising Direct Expenses$149,690
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fiesta of Hope$387,291$387,291$115,110$272,181
Back to School$10,500$10,500$34,580$-24,080
Total Events$397,791$397,791$149,690$248,101
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$124,757
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
2024-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Ruiz
Formed
1983
Legal Domicile
Oh
Voting Board Members
16
Independent Board Members
16
Employees
85
Volunteers
109

Preparer

Firm
Maloney Novotny LLC
Address
1111 SUPERIOR AVE SUITE 700, CLEVELAND, OH 44114-2540
Preparer
Christopher B Anderson
Phone
2163630100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract services and other: program service expenses 336,387. Management and general expenses 98,844. Fundraising expenses 0. Total expenses 435,231.”

FORM 990, PART XI, LINE 8 - PRIOR PERIOD ADJUSTMENT:

“Net assets with donor restrictions and grants receivable at september 30, 2022 were restated by $100,000. The adjustment reflects an increase in grants support and revenue for the year ended september 30, 2022.”

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 990 149,690.”

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 990 149,690.”

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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/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXCECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0149690
IRS990/FundraisingGrossIncomeAmt0397791
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt01704654
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt094000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt094000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03812580
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09799
IRS990/InsuranceGrp/TotalAmt09799
IRS990/InvestmentIncomeGrp/ExclusionAmt046
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt034
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06077
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012114
IRS990/LandBldgEquipCostOrOtherBssAmt018191
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/NetAssetsOrFundBalancesBOYAmt01550612
IRS990/NetAssetsOrFundBalancesEOYAmt02056677
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0248101
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0248101
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt070078
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0483147
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0532725
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt031650
IRS990/OccupancyGrp/ProgramServicesAmt0109010
IRS990/OccupancyGrp/TotalAmt0140660
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021997
IRS990/OfficeExpensesGrp/ProgramServicesAmt048609
IRS990/OfficeExpensesGrp/TotalAmt070606
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0269978
IRS990/OtherAssetsTotalGrp/EOYAmt0130767
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04060
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010349
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0119273
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0133682
IRS990/OtherExpensesGrp/Desc0STUDENT TRAVEL, FOOD, &
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1432
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt220674
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31304
IRS990/OtherExpensesGrp/ProgramServicesAmt099393
IRS990/OtherExpensesGrp/ProgramServicesAmt188207
IRS990/OtherExpensesGrp/ProgramServicesAmt219317
IRS990/OtherExpensesGrp/ProgramServicesAmt332089
IRS990/OtherExpensesGrp/TotalAmt099393
IRS990/OtherExpensesGrp/TotalAmt188639
IRS990/OtherExpensesGrp/TotalAmt239991
IRS990/OtherExpensesGrp/TotalAmt333393
IRS990/OtherLiabilitiesGrp/BOYAmt0264574
IRS990/OtherLiabilitiesGrp/EOYAmt0124757
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt018041
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018041
IRS990/OtherRevenueTotalAmt018041
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt082406
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0152937
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01491021
IRS990/OtherSalariesAndWagesGrp/TotalAmt01726364
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09632
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015805
IRS990/PayrollTaxesGrp/ProgramServicesAmt0131124
IRS990/PayrollTaxesGrp/TotalAmt0156561
IRS990/PensionPlanContributionsGrp/FundraisingAmt0635
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01618
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018643
IRS990/PensionPlanContributionsGrp/TotalAmt020896
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0577525
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0914909
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021610
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012196
IRS990/PrincipalOfficerNm0VICTOR RUIZ
IRS990/PriorPeriodAdjustmentsAmt0100000
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/ExpenseAmt0271643
IRS990/ProgSrvcAccomActy3Grp/Desc0OUR MENTORING PROGRAM MATCHES 100+ COLLEGE STUDENTS WITH QUALIFIES PROFESSIONALS IN THE GREATER CLEVELAND AREA. WE USE A USER-FRIENDLY ONLINE PROGRAM (MENTORCLIQ) TO AID IN THE COMMUNICATIONS BETWEEN MENTOR-MENTEE, AS WELL AS ESPERANZA STAFF.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0348101
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCHOLARSHIP AND OTHER PROGRAMS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0538640
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt094000
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02694660
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt094000
IRS990/PYInvestmentIncomeAmt0-1223
IRS990/PYOtherExpensesAmt0807715
IRS990/PYOtherRevenueAmt0178202
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0268170
IRS990/PYSalariesCompEmpBnftPaidAmt01701754
IRS990/PYTotalExpensesAmt02603469
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02871639
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0335987
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0527123
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0597201
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2018 AMOUNT: $ 35,260. 2019 AMOUNT: $ 38,080. 2020 AMOUNT: $ 35,785. 2021 AMOUNT: $ 50,113. 2022 AMOUNT: $ 18,041.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03396702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02694660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01823650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01781317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01514523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011210852
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt091
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0248
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0444
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt018041
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt050113
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt035785
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt038080
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt035260
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0177279
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82740
IRS990ScheduleA/PublicSupportPY170Pct00.79000
IRS990ScheduleA/PublicSupportTotal170Amt010156080
IRS990ScheduleA/SubstantialContributorsTotAmt01054772
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03396702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02694660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01823650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01781317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01514523
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011210852
IRS990ScheduleA/TotalSupportAmt012274344
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0248101
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0128089

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,502,569
Liabilities
$445,892
Net assets
$2,056,677
Revenue
$3,662,890
Expenses
$3,326,903
Net income
$335,987
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