Civic Intelligence

Esperanza Charitable Fund

990 • Fiscal year 2016 • EIN 75-2990530

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

3850 E Baseline Rd 114Mesa, AZ 85206

(480) 892-7104

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

74th percentile

9.4%

Faster asset growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

234%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$14,569,594

Up $1,254,819 (+9.4%) from 2015

Net Assets

Up

$14,569,594

Up $1,254,819 (+9.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$2,081,515

Up $1,458,757 (+234%) from 2015

Expenses

Down

$529,076

Down $135,587 (-20%) from 2015

Net Income

Up

$1,552,439

Up $1,594,344 (+3805%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $16,073,471Liabilities 2010: $0Net Assets 2010: $16,073,4712010Assets 2011: $16,576,189Liabilities 2011: $249,346Net Assets 2011: $16,326,8432011Assets 2012: $13,873,799Liabilities 2012: $0Net Assets 2012: $13,873,7992012Assets 2013: $13,613,983Liabilities 2013: $279Net Assets 2013: $13,613,7042013Assets 2014: $13,671,350Liabilities 2014: $3,015Net Assets 2014: $13,668,3352014Assets 2015: $13,314,775Liabilities 2015: $0Net Assets 2015: $13,314,7752015Assets 2016: $14,569,594Liabilities 2016: $0Net Assets 2016: $14,569,5942016Assets 2017: $14,547,321Liabilities 2017: $0Net Assets 2017: $14,547,3212017Assets 2018: $14,705,283Liabilities 2018: $0Net Assets 2018: $14,705,2832018Assets 2019: $15,638,193Liabilities 2019: $0Net Assets 2019: $15,638,1932019Assets 2020: $15,523,686Liabilities 2020: $0Net Assets 2020: $15,523,6862020Assets 2021: $17,706,761Liabilities 2021: $0Net Assets 2021: $17,706,7612021Assets 2022: $32,515,852Liabilities 2022: $0Net Assets 2022: $32,515,8522022Assets 2023: $37,359,145Liabilities 2023: $0Net Assets 2023: $37,359,1452023Assets 2024: $44,118,959Liabilities 2024: $854,113Net Assets 2024: $43,264,8462024

Highlighted filing

2016

Assets$14,569,594
Liabilities$0
Net Assets$14,569,594

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2010: $26,711Expenses 2010: $380,892Net Income 2010: -$354,1812010Revenue 2011: $17,969Expenses 2011: $482,528Net Income 2011: -$464,5592011Revenue 2012: $1,673,482Expenses 2012: $757,959Net Income 2012: $915,5232012Revenue 2013: $585,779Expenses 2013: $646,048Net Income 2013: -$60,2692013Revenue 2014: $507,085Expenses 2014: $452,454Net Income 2014: $54,6312014Revenue 2015: $622,758Expenses 2015: $664,663Net Income 2015: -$41,9052015Revenue 2016: $2,081,515Expenses 2016: $529,076Net Income 2016: $1,552,4392016Revenue 2017: $816,849Expenses 2017: $502,969Net Income 2017: $313,8802017Revenue 2018: $776,918Expenses 2018: $618,956Net Income 2018: $157,9622018Revenue 2019: $2,568,635Expenses 2019: $1,635,725Net Income 2019: $932,9102019Revenue 2020: $3,462,663Expenses 2020: $3,069,161Net Income 2020: $393,5022020Revenue 2021: $4,173,341Expenses 2021: $2,181,989Net Income 2021: $1,991,3522021Revenue 2022: $17,097,893Expenses 2022: $1,207,942Net Income 2022: $15,889,9512022Revenue 2023: $6,630,514Expenses 2023: $1,787,221Net Income 2023: $4,843,2932023Revenue 2024: $7,726,375Expenses 2024: $1,701,632Net Income 2024: $6,024,7432024

Highlighted filing

2016

Revenue$2,081,515
Expenses$529,076
Net Income$1,552,439
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$2,114,093
Mission and Program Overview

Mission

Provide support and benefits to the church of jesus christ of latter day saints by providing grants for assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$13,314,775$14,569,594▲ $1,254,819
Land, Buildings, and Equipment, Net$4,952,221$6,184,994▲ $1,232,773
Other Notes and Loans Receivable, Net$5,573,457$5,563,524▼ $9,933
Cash and Non-Interest-Bearing Accounts$136,148$168,986▲ $32,838
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$13,314,775$14,569,594▲ $1,254,819
Other Assets Total$2,652,949$2,652,090▼ $859
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,314,775$14,569,594▲ $1,254,819
Total Liabilities and Net Assets / Fund Balance$13,314,775$14,569,594▲ $1,254,819

Asset Categories

AssetBook ValueDepreciationBasis
Land$6,184,994--
Other Assets Org$2,483,399--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles Dennis BarneyTrustee
Douglas MartinTrustee
Ty LesueurTrustee, Managing
Revenue and Support

Revenue Composition

Contributions and Grants
$1,534,467
Program Service Revenue
$0
Investment Income
$553,691
Other Revenue
$-6,643
All Other Contributions
$1,534,467
Change in Net Assets
$1,552,439

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other6$1,534,467Appraisal
Total Noncash Contributions6$1,534,467-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$340,658
Other Expenses$188,418
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$340,658--$340,658
Interest-$167,344-$167,344
Insurance-$1,006-$1,006
Other Expenses-$578-$578
All Other Expenses-$118-$118
Total Functional Expenses$340,658$188,418$0$529,076
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Church of Jesus Christ of LdsSalt Lake City, UT501(c)3To Assist Organization Fiscally$103,240
Care for Life Co Cindy PackardGilbert, AZ501(c)3To Assist Organization Fiscally$50,000
Save the FamilyMesa, AZ501(c)3To Assist Organization Fiscally$31,438
Beckett Fund for Religious LibertyWashington, DC501(c)3To Assist Organization Fiscally$25,000
House of RefugeMesa, AZ501(c)3To Assist Organization Fiscally$25,000
American Leadership AcademyQueen Creek, AZ-To Assist Organization Fiscally$20,000
Institute for Family StudiesCharlottesville, VA501(c)3To Assist Organization Fiscally$15,000
La MesitaMesa, AZ501(c)3To Assist Organization Fiscally$15,000
United Food BankMesa, AZ501(c)3To Assist Organization Fiscally$15,000
Welcome to America ProjectScottsdale, AZ501(c)3To Assist Organization Fiscally$15,000
Metropolitan Youth SymphonyMesa, AZ501(c)3To Assist Organization Fiscally$7,500
Arizona Family CouncilMesa, AZ501(c)3To Assist Organization Fiscally$5,000
Gilbert Youth ChoirGilbert, AZ501(c)3To Assist Organization Fiscally$5,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

A complete copy of the form 990 is provided to each trustee for review.

Form 990, Part VI, Section B, Line 12

The fund is in the process of adopting a formal policy.

Form 990, Part VI, Section C, Line 19

These documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Esperanza Charitable Fund
EIN
75-2990530
Phone
4808927104
Address
3850 E BASELINE RD 114, MESA, AZ 85206

Signing Officer

Name
Ty Lesueur
Title
Managing Trustee
Phone
4808927104
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ty Lesueur
Formed
2002
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Mansperger Patterson & Mcmullin Plc
Address
1222 E BASELINE ROAD SUITE 200, TEMPE, AZ 85283
Preparer
Jeffrey C Mcmullin CPA
Phone
4808319500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Book/tax difference in gain on sale of property. The -297,620. Property was recorded on the balance sheet at the fair market value on the date received from the donor. The basis reported on line 7(b) of part viii reflected the donor's tax basis obtained from form 8283.

Raw XML AppendixShowing 400 of 581 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
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE PRIMARY SUPPORT ORGANIZATION IS THE CHURCH AND THE GOVERNING INSTRUMENT IDENTIFIES A CLASS. SPECIFICALLY, THE GOVERNING INSTRUMENT STATES THAT IT IS ORGANIZED EXCLUSIVELY TO SUPPORT AND BENEFIT THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS, ITS AFFILIATED RELIGIOUS, EDUCATIONAL AND CHARITABLE ORGANIZATIONS, AND OTHER RELIGIOUS, EDUCATIONAL AND CHARITABLE ORGANIZATIONS WHOSE PURPOSES AND ACTIVITIES ARE COMPATIBLE WITH AND/OR COMPLEMENTARY TO THE CHURCH, BY SPONSORING, FINANCING OR ASSISTING ANY OF THE RELIGIOUS, EDUCATIONAL, OR CHARITABLE ACTIVITIES OR PROGRAMS OF THE SAID SUPPORTED ORGANIZATIONS. ALL SUCH SUPPORT DISTRIBUTIONS FROM THIS TRUST SHALL BE STRICTLY LIMITED TO RELIGIOUS, EDUCATIONAL OR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE. THE CHURCH THROUGH ITS APPOINTMENT ENSURES THAT THE CLASS IS RESPECTED AND THAT DISTRIBUTIONS TO NON-CHURCH ENTITIES ARE IN FURTHERANCE OF THE CHURCH'S PURPOSES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1:
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS AND AFFILIATES
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0168691
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12483399
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN HEBER-OVERGAARD RANCH, LLC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENT IN MOUNTAIN SPA INVESTORS, LLC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06184994
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02652090
IRS990ScheduleI/GrantRecordsMaintainedInd00
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CARE FOR LIFE CO CINDY PACKARD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CHURCH OF JESUS CHRIST OF LDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2METROPOLITAN YOUTH SYMPHONY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SAVE THE FAMILY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4BECKETT FUND FOR RELIGIOUS LIBERTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5UNITED FOOD BANK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6ARIZONA FAMILY COUNCIL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7GILBERT YOUTH CHOIR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8LA MESITA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9INSTITUTE FOR FAMILY STUDIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10WELCOME TO AMERICA PROJECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11HOUSE OF REFUGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12AMERICAN LEADERSHIP ACADEMY
IRS990ScheduleI/RecipientTable/RecipientEIN0861017788
IRS990ScheduleI/RecipientTable/RecipientEIN1237300405
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IRS990ScheduleI/RecipientTable/RecipientEIN3860665712
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IRS990ScheduleI/RecipientTable/RecipientEIN11860662244
IRS990ScheduleI/RecipientTable/RecipientEIN12270333296
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02905 E GEMINI
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt150 E NORTH TEMPLE SUITE 1800
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 41852
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3450 W 4TH PLACE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41200 NEW HAMPSHIRE AVE NW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5245 SOUTH NINA DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt640 N CENTER ST 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt74215 S MARISOL LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8868 E UNIVERSITY DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9PO BOX 1502
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10PO BOX 21
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt116935 E WILLIAMS FIELD ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1219935 E CHANDLER HEIGHTS ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GILBERT
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MESA
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IRS990ScheduleI/RecipientTable/USAddress/CityNm4WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm5MESA
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IRS990ScheduleI/RecipientTable/USAddress/CityNm7GILBERT
IRS990ScheduleI/RecipientTable/USAddress/CityNm8MESA
IRS990ScheduleI/RecipientTable/USAddress/CityNm9CHARLOTTESVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm10SCOTTSDALE
IRS990ScheduleI/RecipientTable/USAddress/CityNm11MESA
IRS990ScheduleI/RecipientTable/USAddress/CityNm12QUEEN CREEK
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5AZ

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.1$0.85$43.3$7.73$1.70$6.02
2023Summary only. Only limited summary data is available for this year.$37.4$0.00$37.4$6.63$1.79$4.84
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.5$0.00$32.5$17.1$1.21$15.9
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.7$0.00$17.7$4.17$2.18$1.99
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$0.00$15.5$3.46$3.07$0.39
2019Summary only. Only limited summary data is available for this year.$15.6$0.00$15.6$2.57$1.64$0.93
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$0.00$14.7$0.78$0.62$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$0.00$14.5$0.82$0.50$0.31
2016Detailed filing. Detailed filing data is available for this year.$14.6$0.00$14.6$2.08$0.53$1.55
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$0.00$13.3$0.62$0.66$0.04
2014Detailed filing. Detailed filing data is available for this year.$13.7$0.00$13.7$0.51$0.45$0.05
2013Summary only. Only limited summary data is available for this year.$13.6$0.00$13.6$0.59$0.65$0.06
2012Summary only. Only limited summary data is available for this year.$13.9$0.00$13.9$1.67$0.76$0.92
2011Summary only. Only limited summary data is available for this year.$16.6$0.25$16.3$0.02$0.48$0.46
2010Summary only. Only limited summary data is available for this year.$16.1$0.00$16.1$0.03$0.38$0.35
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $10M-$25M nonprofits