Civic Intelligence

Casa Esperanza Inc.

990 • Fiscal year 2022 • EIN 85-0356946

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

1005 Yale Blvd NEAlbuquerque, NM 87106

(505) 246-2700

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

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

Liabilities / Revenue

47th percentile

0.07x

Higher debt load relative to revenue than 47% of similar nonprofits.

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

Net Margin

46th percentile

4.8%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

68th percentile

$97,864

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

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

Asset Growth

45th percentile

-0.2%

Faster asset growth than 45% of similar nonprofits.

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

Revenue Growth

78th percentile

38%

Faster revenue growth than 78% of similar nonprofits.

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

Assets

Down

$2,051,083

Down $3,129 (-0.2%) from 2021

Net Assets

Up

$1,989,965

Up $42,544 (+2.2%) from 2021

Liabilities

Down

$61,118

Down $45,673 (-43%) from 2021

Revenue

Up

$888,429

Up $244,786 (+38%) from 2021

Expenses

Up

$845,885

Up $149,664 (+21%) from 2021

Net Income

Up

$42,544

Up $95,122 (+181%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,668,602Liabilities 2010: $53,125Net Assets 2010: $1,615,4772010Assets 2011: $1,678,573Liabilities 2011: $123,076Net Assets 2011: $1,555,4972011Assets 2012: $1,465,652Liabilities 2012: $42,023Net Assets 2012: $1,423,6292012Assets 2013: $1,403,561Liabilities 2013: $39,142Net Assets 2013: $1,364,4192013Assets 2014: $1,400,523Liabilities 2014: $30,877Net Assets 2014: $1,369,6462014Assets 2015: $1,382,538Liabilities 2015: $41,587Net Assets 2015: $1,340,9512015Assets 2016: $1,371,295Liabilities 2016: $36,159Net Assets 2016: $1,335,1362016Assets 2017: $1,381,613Liabilities 2017: $38,333Net Assets 2017: $1,343,2802017Assets 2018: $1,416,452Liabilities 2018: $38,840Net Assets 2018: $1,377,6122018Assets 2019: $2,121,999Liabilities 2019: $48,185Net Assets 2019: $2,073,8142019Assets 2020: $2,118,438Liabilities 2020: $118,885Net Assets 2020: $1,999,5532020Assets 2021: $2,054,212Liabilities 2021: $106,791Net Assets 2021: $1,947,4212021Assets 2022: $2,051,083Liabilities 2022: $61,118Net Assets 2022: $1,989,9652022Assets 2023: $2,245,946Liabilities 2023: $68,066Net Assets 2023: $2,177,8802023

Highlighted filing

2022

Assets$2,051,083
Liabilities$61,118
Net Assets$1,989,965

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $837,2052010Expenses 2011: $818,5092011Expenses 2012: $723,1912012Expenses 2013: $714,7632013Revenue 2014: $683,651Expenses 2014: $678,424Net Income 2014: $5,2272014Revenue 2015: $617,171Expenses 2015: $644,540Net Income 2015: -$27,3692015Revenue 2016: $618,879Expenses 2016: $624,694Net Income 2016: -$5,8152016Revenue 2017: $671,669Expenses 2017: $663,525Net Income 2017: $8,1442017Revenue 2018: $681,946Expenses 2018: $647,614Net Income 2018: $34,3322018Revenue 2019: $1,603,421Expenses 2019: $907,219Net Income 2019: $696,2022019Revenue 2020: $631,430Expenses 2020: $705,691Net Income 2020: -$74,2612020Revenue 2021: $643,643Expenses 2021: $696,221Net Income 2021: -$52,5782021Revenue 2022: $888,429Expenses 2022: $845,885Net Income 2022: $42,5442022Revenue 2023: $1,057,255Expenses 2023: $869,340Net Income 2023: $187,9152023

Highlighted filing

2022

Revenue$888,429
Expenses$845,885
Net Income$42,544
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 1, 2023
Return Version
2021v4.0
Gross Receipts
$889,048
Mission and Program Overview

Mission

Casa esperanza new mexico's house of hope, providing a home away from home for patients and families traveling to albuquerque for cancer treatment or treatment for other serious medical needs. The overall goal of casa esperanza is to reduce the burden of illness for patients, families and communities through financial, practical, and logistical support improving treatment outcomes and quality of life.

We provide appropriate housing and emotional support for patients and their families who reside temporarily in albuquerque while the patient receives treatment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$989,293$922,913▼ $66,380
Cash and Non-Interest-Bearing Accounts$676,880$609,734▼ $67,146
Savings and Temporary Cash Investments$61,414$197,171▲ $135,757
Accounts Receivable$29,685$31,460▲ $1,775
Pledges and Grants Receivable$9,205$4,075▼ $5,130
Prepaid Expenses and Deferred Charges$1,801$2,175▲ $374
Inventories for Sale or Use$781$480▼ $301
Total Assets$2,054,212$2,051,083▼ $3,129
Other Assets Total$285,153$283,075▼ $2,078
Liabilities
Other Liabilities$62,125--
Accounts Payable and Accrued Expenses$44,666$61,118▲ $16,452
Total Liabilities$106,791$61,118▼ $45,673
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,493,675$1,486,261▼ $7,414
Net Assets With Donor Restrictions$453,746$503,704▲ $49,958
Total Net Assets Fund Balance$1,947,421$1,989,965▲ $42,544
Total Liabilities and Net Assets / Fund Balance$2,054,212$2,051,083▼ $3,129

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$769,567$1,292,409$2,061,976
Equipment$67,954$374,878$442,832
Leasehold Improvements$85,392$108,515$193,907
Other Assets Org$283,075--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$1,385,229-▼ $207,036$87,683$1,390,510
2020$1,390,682-▲ $377,033$82,486$1,685,229
2019$1,418,736-▲ $47,300$75,354$1,390,682
2018$1,402,191-▲ $82,907$66,362$1,418,736
2017$1,376,318-▲ $106,511$80,638$1,402,191
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chrisann GrayExecutive DiPT$41,911$55,953$97,864

Board Members and Trustees

NameTitle
Gabriel CastroChair
Dean CrossDirector
Dennis BurtDirector
Nathan StephensonDirector
Sharon AustinDirector From 11
Jackie FranckeDirector to 10/3
Julia MieraPast Board C
Richard CastilloMember at La
Elizabeth AshtonSec to 11/30
Michael Moore Treas to Nov 2021Sec. From 12
Bryan Runyan- Dir to 113021Treas. From
Essence HandVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$703,020
Program Service Revenue
$185,284
Investment Income
$21
Other Revenue
$104
All Other Contributions
$501,722
Change in Net Assets
$42,544

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$28,950Fair Market Value (FMV)
Other Non Cash Contri Table5$2,219Fair Market Value (FMV)
Other Non Cash Contri Table12$1,767Fair Market Value (FMV)
Other Non Cash Contri Table4$1,202Fair Market Value (FMV)
Total Noncash Contributions22$34,138-

Audited Revenue Reconciliation

Revenue per Audited Statements
$889,048
Revenue Not Reported on Financial Statements
$-619
Revenue Not Reported on Form 990
$-132,874
Other Revenue Adjustments
$-619
Total Revenue per Audited Statements
$756,174
Total Revenue per Form 990
$888,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,417
Salaries, Compensation, and Employee Benefits$365,394
Grants and Similar Amounts Paid$49,074
Total Fundraising Expense$18,503
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$158,846$92,562$5,775$257,183
Depreciation Depletion$112,325--$112,325
Fees for Services Other$69,737$914$3,365$74,016
Grants to Domestic Individuals$49,074--$49,074
Current Officers, Directors, Trustees, and Key Employees$30,008$17,151$1,070$48,229
Occupancy$33,810$1,045$460$35,315
Other Employee Benefits$20,139$9,808$610$30,557
Payroll Taxes$15,245$8,105$474$23,824
Insurance$18,949$2,966$258$22,173
All Other Expenses$6,878$5,914$5,502$18,294
Office Expenses$4,490$8,774$120$13,384
Fees for Services Accounting-$10,410-$10,410
Information Technology$8,237$1,338$397$9,972
Pension Plan Contributions$3,691$1,798$112$5,601
Other Expenses$2,676$2,536$312$5,524
Travel$23$354-$377
Total Functional Expenses$660,327$167,055$18,503$845,885

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,175,582
Expenses per Audited Statements$845,885
Total Expenses per Form 990$845,885
Expenses Not Reported on Form 990$329,697
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
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 1A

The executive committee consists of 6 board members who may act on behalf of the board.

Form 990, Page 6, Part VI, Line 11B

Form 990 is provided to the budget & finance committee of the board for its review and copies are then e-mailed to board members who can ask questions at the board meeting.

Form 990, Page 6, Part VI, Line 12C

Each member of the board of directors is required to sign conflict of interest forms every year. Potential conflicts are noted in the minutes and monitored throughout the year.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of directors annually reviews and approves the compensation of management and staff after performing research and comparative analyses.

Form 990, Page 6, Part VI, Line 15B

The executive director recommends salaries for everyone other than herself. She does research through the association of fundraising professional annual report for salaries and by comparisons from information sought from other similar size organizations. Then she includes the selected salaries in the fiscal year personnel budget presented for approval to the executive committee. After this committee approves, the personnel budget goes to the full board for approval without the personnel details as one lump sum.

Form 990, Page 6, Part VI, Line 19

The organization posts its latest audited financial statements and 990s on its website. The organization makes conflict of interest and financial policies available upon request. The organization's 501(c)(3) letters and bylaws are provided on request. The organization also has an electronic copy of these documents so that they can be e-mailed or printed and sent by u.s. Mail to those who request them. This process is consistent with prior years.

Filing and Contact Details

Filer

Filer Name
Casa Esperanza Inc
EIN
85-0356946
Phone
5052462700
Address
1005 YALE BLVD NE, ALBUQUERQUE, NM 87106

Signing Officer

Name
Chrisann Gray
Title
Executive Director
Phone
5052462700
Signed
2023-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chrisann Gray
Formed
1987
Legal Domicile
Nm
Voting Board Members
9
Independent Board Members
9
Employees
14
Volunteers
236

Preparer

Firm
Pulakos Cpas Pc
Address
5921 JEFFERSON ST NE, ALBUQUERQUE, NM 87109
Preparer
Robert a Depasquale
Phone
5053381500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

We provide appropriate housing and emotional support for patients and their families who reside temporarily in albuquerque while the patient receives treatment. Casa esperanza maintains twenty-eight rooms specifically for this purpose. The family care team serves the needs and addresses the challenges and concerns of patients and their families during their treatment and follow-up care.

Form 990, Page 12, Part XII, Line 2C

The board of directors assumes responsibility for the oversight of the audit of the financial statements and selection of an independent accountant. This process has not changed from the prior year.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The earnings from all permanent endowment funds are used in assisting casa esperanza, inc. To carry out its charitable purpose. The temporarily restricted endowment funds are also used in assisting casa esperanza, inc. To carry out its charitable purpose.

Schedule D, Page 3, Part X

Casa esperanza inc., a nonprofit organization, is exempt from federal income tax under section 501(c)(3) of the internal revenue code and is not classified by the internal revenue service as a private foundation. The organization is a nonprofit charitable corporation and has been recognized as tax-exempt under section 501(c)(3) of the internal revenue code. The organization has adopted accounting principles generally accepted in the united states of america, as they relate to uncertain tax positions, and has evaluated its tax positions taken for open tax years. Management believes that the activities of the organization are within their tax-exempt purpose, and that there are no uncertain tax positions that require disclosure or recognition in the combined financial statements. There were no interest or penalties recorded as of june 30, 2022 and 2021, respectively.

Schedule D, Page 4, Part XI, Line 2D

Eliminate other entity net loss in consolidated financ -152,476

Schedule D, Page 4, Part XI, Line 4B

Cost of good sold reclassification -619

Schedule D, Page 4, Part XII, Line 2D

Eliminate other entity net expenses in consolidated financ 309,476 cost of goods sold 619

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.25$0.07$2.18$1.06$0.87$0.19
2022Detailed filing. Detailed filing data is available for this year.$2.05$0.06$1.99$0.89$0.85$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.11$1.95$0.64$0.70$0.05
2020Summary only. Only limited summary data is available for this year.$2.12$0.12$2.00$0.63$0.71$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.05$2.07$1.60$0.91$0.70
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.04$1.38$0.68$0.65$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.04$1.34$0.67$0.66$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.04$1.34$0.62$0.62$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.38$0.04$1.34$0.62$0.64$0.03
2014Summary only. Only limited summary data is available for this year.$1.40$0.03$1.37$0.68$0.68$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.04$1.36$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.04$1.42$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.12$1.56$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.05$1.62$0.84
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $1M-$5M nonprofits