Civic Intelligence

Espiritu Schools

990 • Fiscal year 2022 • EIN 46-4706900

Jul 01, 2021 to Jun 30, 2022 • Filed on May 01, 2023

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

87th percentile

0.61x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

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

Net Margin

32nd percentile

-1.3%

Higher net margin than 32% of similar nonprofits.

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

Top Officer Pay

68th percentile

$98,219

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

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

Asset Growth

16th percentile

-13%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

73rd percentile

29%

Faster revenue growth than 73% of similar nonprofits.

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

Assets

Flat

$385,792

Flat from 2022

Net Assets

Flat

$149,844

Flat from 2022

Liabilities

Flat

$235,948

Flat from 2022

Revenue

Flat

$1,958,682

Flat from 2022

Expenses

Flat

$1,984,714

Flat from 2022

Net Income

Flat

-$26,032

Flat from 2022

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 2021: $441,600Liabilities 2021: $292,581Net Assets 2021: $149,0192021Assets 2022: $385,792Liabilities 2022: $235,948Net Assets 2022: $149,8442022Assets 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

2022

Assets$385,792
Liabilities$235,948
Net Assets$149,844

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 2021: $1,518,948Expenses 2021: $1,568,555Net Income 2021: -$49,6072021Revenue 2022: $1,958,682Expenses 2022: $1,984,714Net Income 2022: -$26,0322022Revenue 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

2022

Revenue$1,958,682
Expenses$1,984,714
Net Income-$26,032
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 1, 2023
Return Version
2021v4.2
Gross Receipts
$1,958,682
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$240,642$185,866▼ $54,776
Land, Buildings, and Equipment, Net$109,792$90,326▼ $19,466
Pledges and Grants Receivable$25,373$63,814▲ $38,441
Other Notes and Loans Receivable, Net$65,793$45,786▼ $20,007
Total Assets$441,600$385,792▼ $55,808
Liabilities
Unsecured Notes Loans Payable$156,563$153,134▼ $3,429
Other Liabilities$64,721$73,865▲ $9,144
Accounts Payable and Accrued Expenses$71,297$8,949▼ $62,348
Total Liabilities$292,581$235,948▼ $56,633
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$149,019$122,987▼ $26,032
Net Assets With Donor Restrictions-$26,857-
Total Net Assets Fund Balance$149,019$149,844▲ $825
Total Liabilities and Net Assets / Fund Balance$441,600$385,792▼ $55,808

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$56,672$72,812$129,484
Equipment$33,654$56,368$90,022
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Armando RuizDirectorPT$1,940$96,279$98,219

Board Members and Trustees

NameTitle
Bertha GutierrezPresident
Javier EspinozaDirector
Marisa LopezDirector
Rosanna BlacksonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$845,165
Program Service Revenue
$1,073,080
Investment Income
$5
Other Revenue
$40,432
Change in Net Assets
$-26,032

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,958,682
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,958,682
Total Revenue per Form 990
$1,958,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,593,522
Other Expenses$391,192
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$245,738$1,243,493-$1,489,231
Payroll Taxes$12,674$47,793-$60,467
Other Employee Benefits$9,079$31,725-$40,804
Other Expenses$39,962$20,014-$39,962
All Other Expenses$21,768$467-$22,235
Travel$20,121--$20,121
Depreciation Depletion-$19,465-$19,465
Insurance$6,000--$6,000
Current Officers, Directors, Trustees, and Key Employees-$1,940-$1,940
Pension Plan Contributions-$1,080-$1,080
Total Functional Expenses$617,815$1,366,899$0$1,984,714

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,984,714
Total Expenses per Audited Statements$1,984,714
Total Expenses per Form 990$1,984,714
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$67,099
Current Portion of Lt Debt$6,766
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 is the father of several employees.

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

The form 990 is reviewed at scheduled 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
2023-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Armando Ruiz
Formed
2013
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
39
Volunteers
0

Preparer

Firm
Redw LLC
Address
5353 N 16TH STREET SUITE 200, PHOENIX, AZ 85016
Preparer
Barbara J Rohwedder
Phone
6027303600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Changes in net assets with donor restrictions 26,857.

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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt033654
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056368
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt090022
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01984714
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt056672
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt072812
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0129484
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt067099
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT PORTION OF LT DEBT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01958682
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/TotalBookValueLandBuildingsAmt090326
IRS990ScheduleD/TotalExpensesPerForm990Amt01984714
IRS990ScheduleD/TotalLiabilityAmt073865
IRS990ScheduleD/TotalRevenuePerForm990Amt01958682
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01958682
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01984714
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARMANDO RUIZ CEO IS THE FATHER OF SEVERAL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED AT SCHEDULED BOARD MEETINGS AND FINANCE COMMITTEE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS DISCUSS POSSIBLE CONFLICTS OF INTEREST DURING REGULAR MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION 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/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGES IN NET ASSETS WITH DONOR RESTRICTIONS 26,857.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ESPIRITU COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0860778361
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04848 S 2NS STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHOENIX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd085040
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0987117
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt146036
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH RECEIVED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH LOANED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ESPIRITU COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ESPIRITU COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2ESPIRITU COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0L
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2D
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/TotalAssetsBOYAmt0441600
IRS990/TotalAssetsEOYAmt0385792
IRS990/TotalAssetsGrp/BOYAmt0441600
IRS990/TotalAssetsGrp/EOYAmt0385792
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0845165
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01366899
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0617815
IRS990/TotalFunctionalExpensesGrp/TotalAmt01984714
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0292581
IRS990/TotalLiabilitiesEOYAmt0235948
IRS990/TotalLiabilitiesGrp/BOYAmt0292581
IRS990/TotalLiabilitiesGrp/EOYAmt0235948
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0149019
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0149844
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0617815
IRS990/TotalProgramServiceRevenueAmt01073080
IRS990/TotalReportableCompFromOrgAmt01940
IRS990/TotalRevenueGrp/ExclusionAmt05
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01113512
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01958682
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0441600
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0385792
IRS990/TotReportableCompRltdOrgAmt096279
IRS990/TravelGrp/ProgramServicesAmt020121
IRS990/TravelGrp/TotalAmt020121
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0156563
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0153134
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04848 S 2ND STREET
IRS990/USAddress/CityNm0PHOENIX
IRS990/USAddress/StateAbbreviationCd0AZ

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