Civic Intelligence

Espiritu Schools

990 • Fiscal year 2020 • EIN 46-4706900

Jul 01, 2019 to Jun 30, 2020 • Filed on May 05, 2021

4848 S 2nd StreetPhoenix, AZ 85040

(602) 243-7788

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.52x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

54th percentile

0.16x

Higher debt load relative to revenue than 54% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

40th percentile

1.1%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$82,256

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

86th percentile

52%

Faster asset growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

21%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Flat

$412,616

Flat from 2020

Net Assets

Flat

$198,626

Flat from 2020

Liabilities

Flat

$213,990

Flat from 2020

Revenue

Flat

$1,312,876

Flat from 2020

Expenses

Flat

$1,299,027

Flat from 2020

Net Income

Flat

$13,849

Flat from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $38,158Liabilities 2016: $16,657Net Assets 2016: $21,5012016Assets 2017: $242,843Liabilities 2017: $32,292Net Assets 2017: $210,5512017Assets 2018: $295,363Liabilities 2018: $47,901Net Assets 2018: $247,4622018Assets 2019: $270,673Liabilities 2019: $85,898Net Assets 2019: $184,7752019Assets 2020: $412,616Liabilities 2020: $213,990Net Assets 2020: $198,6262020Assets 2020: $412,616Liabilities 2020: $213,990Net Assets 2020: $198,6262020Assets 2021: $441,600Liabilities 2021: $292,581Net Assets 2021: $149,0192021Assets 2022: $385,792Liabilities 2022: $235,948Net Assets 2022: $149,8442022Assets 2023: $718,161Liabilities 2023: $241,257Net Assets 2023: $476,9042023Assets 2024: $405,587Liabilities 2024: $168,096Net Assets 2024: $237,4912024

Highlighted filing

2020

Assets$412,616
Liabilities$213,990
Net Assets$198,626

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $545,369Expenses 2016: $523,868Net Income 2016: $21,5012016Revenue 2017: $977,170Expenses 2017: $788,120Net Income 2017: $189,0502017Revenue 2018: $1,166,912Expenses 2018: $1,130,001Net Income 2018: $36,9112018Revenue 2019: $1,086,402Expenses 2019: $1,149,089Net Income 2019: -$62,6872019Revenue 2020: $1,312,876Expenses 2020: $1,299,027Net Income 2020: $13,8492020Revenue 2020: $1,312,876Expenses 2020: $1,299,027Net Income 2020: $13,8492020Revenue 2021: $1,518,948Expenses 2021: $1,568,555Net Income 2021: -$49,6072021Revenue 2022: $1,958,682Expenses 2022: $1,984,714Net Income 2022: -$26,0322022Revenue 2023: $2,172,662Expenses 2023: $1,845,602Net Income 2023: $327,0602023Revenue 2024: $1,527,648Expenses 2024: $1,768,280Net Income 2024: -$240,6322024

Highlighted filing

2020

Revenue$1,312,876
Expenses$1,299,027
Net Income$13,849
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 5, 2021
Return Version
2019v5.2
Gross Receipts
$1,312,876
Mission and Program Overview

Mission

Education - implementing programs and engaging in activities to provide south phoenix with a vehicle to become self sufficient through education.

Education - implementing programs and engaging in activites to provide south phoenix with a vehicle to become self sufficient through education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$69,518$277,536▲ $208,018
Land, Buildings, and Equipment, Net$159,665$132,878▼ $26,787
Pledges and Grants Receivable$41,490$2,202▼ $39,288
Total Assets$270,673$412,616▲ $141,943
Liabilities
Mortgage Notes Payable Secured by Investment Property-$158,243-
Other Liabilities$35,015$41,991▲ $6,976
Accounts Payable and Accrued Expenses$50,883$13,756▼ $37,127
Total Liabilities$85,898$213,990▲ $128,092
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$184,775$198,626▲ $13,851
Total Net Assets Fund Balance$184,775$198,626▲ $13,851
Total Liabilities and Net Assets / Fund Balance$270,673$412,616▲ $141,943

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$75,011$54,473$129,484
Equipment$57,867$32,155$90,022
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Armando RuizDirectorPT$82,256$82,256
Norma RuizDirectorPT$29,637$29,637

Board Members and Trustees

NameTitle
Bertha GutierrezPresident
Frances CastilloVice-president
Marisa LopezDirector
Rosemary CardenasDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$578,868
Program Service Revenue
$733,990
Investment Income
$18
Other Revenue
$0
Change in Net Assets
$13,849

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,312,876
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,312,876
Total Revenue per Form 990
$1,312,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,017,087
Other Expenses$281,940
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,749$716,472-$811,221
Payroll Taxes$22,335$170,029-$192,364
Office Expenses$55,828$699-$56,527
Depreciation Depletion-$26,787-$26,787
Other Employee Benefits$6,605$6,897-$13,502
Travel-$12,002-$12,002
Other Expenses$10,174$208-$10,382
All Other Expenses-$8,957-$8,957
Interest-$4,200-$4,200
Total Functional Expenses$342,542$956,485$0$1,299,027

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,299,027
Total Expenses per Audited Statements$1,299,027
Total Expenses per Form 990$1,299,027
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$40,334
Current Portion of Lt Debt$1,657
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Armando ruiz ceo and monica rivera director are married.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed at scheduled board meetings and finance committe meetings.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed at schedule board meetings and finance committee meetings.

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

Board members discuss possible conflicts of interest during regular meetings.

Form 990, Part VI, Section B, Line 15

Compensation for top management is determined at board meetings and is commensurate with salaries for similar positions. Compensation for other officers and key employees is determined at board meetings and is commensurate with salaries for similar positions.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Espiritu Schools
EIN
46-4706900
Phone
6022437788
Address
4848 S 2ND STREET, PHOENIX, AZ 85040

Signing Officer

Name
Armando Ruiz
Title
CEO
Phone
6022437788
Signed
2021-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Armando Ruiz
Formed
2013
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
3
Employees
50
Volunteers
0

Preparer

Firm
Redw LLC
Address
5353 N 16TH STREET SUITE 200, PHOENIX, AZ 85016
Preparer
Jamie S Fridley CPA
Phone
6027303600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING 2.

Financial Statement Notes

PART X, LINE 2:

Espiritu community development corporation and espiritu schools qualify as tax-exempt organizations under section 501(c)(3) of the internal revenue code and therefore, there is no provision for income tax.

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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt090022
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01299027
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt075011
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt054473
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0129484
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040334
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11657
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT PORTION OF LT DEBT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01312876
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ESPIRITU COMMUNITY DEVELOPMENT CORPORATION AND ESPIRITU SCHOOLS QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE, THERE IS NO PROVISION FOR INCOME TAX.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132878
IRS990ScheduleD/TotalExpensesPerForm990Amt01299027
IRS990ScheduleD/TotalLiabilityAmt041991
IRS990ScheduleD/TotalRevenuePerForm990Amt01312876
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01312876
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01299027
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARMANDO RUIZ CEO AND MONICA RIVERA DIRECTOR ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED AT SCHEDULED BOARD MEETINGS AND FINANCE COMMITTE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED AT SCHEDULE BOARD MEETINGS AND FINANCE COMMITTEE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS DISCUSS POSSIBLE CONFLICTS OF INTEREST DURING REGULAR MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR TOP MANAGEMENT IS DETERMINED AT BOARD MEETINGS AND IS COMMENSURATE WITH SALARIES FOR SIMILAR POSITIONS. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED AT BOARD MEETINGS AND IS COMMENSURATE WITH SALARIES FOR SIMILAR POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING 2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ESPIRITU COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ESPIRITU COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0860778361
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1860778361
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04848 S 2NS STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt14848 S 2NS STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHOENIX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1PHOENIX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd085040
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd185040
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0700934
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH RECEIVED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ESPIRITU COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ESPIRITU COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0L
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1N
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0270673
IRS990/TotalAssetsEOYAmt0412616
IRS990/TotalAssetsGrp/BOYAmt0270673
IRS990/TotalAssetsGrp/EOYAmt0412616
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0578868
IRS990/TotalEmployeeCnt050
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0956485
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0342542
IRS990/TotalFunctionalExpensesGrp/TotalAmt01299027
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt085898
IRS990/TotalLiabilitiesEOYAmt0213990
IRS990/TotalLiabilitiesGrp/BOYAmt085898
IRS990/TotalLiabilitiesGrp/EOYAmt0213990
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0184775
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0198626
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0342542
IRS990/TotalProgramServiceRevenueAmt0733990
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt018
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0733990
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01312876
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0270673
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0412616
IRS990/TotReportableCompRltdOrgAmt0111893
IRS990/TravelGrp/ManagementAndGeneralAmt012002
IRS990/TravelGrp/TotalAmt012002
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

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