Civic Intelligence

Casa Esperanza Inc.

990 • Fiscal year 2024 • EIN 85-0356946

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 13, 2025

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.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.08x

Higher debt load relative to revenue than 50% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$126,684

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

16th percentile

-8.7%

Faster asset growth than 16% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-31%

Faster revenue growth than 10% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,049,579

Down $196,367 (-8.7%) from 2023

Net Assets

Down

$1,991,357

Down $186,523 (-8.6%) from 2023

Liabilities

Down

$58,222

Down $9,844 (-14%) from 2023

Revenue

Down

$733,886

Down $323,369 (-31%) from 2023

Expenses

Up

$920,409

Up $51,069 (+5.9%) from 2023

Net Income

Down

-$186,523

Down $374,438 (-199%) from 2023

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: $2,177,8802023Assets 2024: $2,049,579Liabilities 2024: $58,222Net Assets 2024: $1,991,3572024

Highlighted filing

2024

Assets$2,049,579
Liabilities$58,222
Net Assets$1,991,357

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: $187,9152023Revenue 2024: $733,886Expenses 2024: $920,409Net Income 2024: -$186,5232024

Highlighted filing

2024

Revenue$733,886
Expenses$920,409
Net Income-$186,523
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 13, 2025
Return Version
2023v6.0
Gross Receipts
$735,418
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$934,477$832,634▼ $101,843
Cash and Non-Interest-Bearing Accounts$783,433$698,469▼ $84,964
Savings and Temporary Cash Investments$194,294$175,846▼ $18,448
Accounts Receivable$46,280$60,878▲ $14,598
Prepaid Expenses and Deferred Charges$2,784$3,256▲ $472
Pledges and Grants Receivable$2,769--
Inventories for Sale or Use$1,050--
Total Assets$2,245,946$2,049,579▼ $196,367
Other Assets Total$280,859$278,496▼ $2,363
Liabilities
Accounts Payable and Accrued Expenses$68,066$58,222▼ $9,844
Total Liabilities$68,066$58,222▼ $9,844
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,667,025$1,491,285▼ $175,740
Net Assets With Donor Restrictions$510,855$500,072▼ $10,783
Total Net Assets Fund Balance$2,177,880$1,991,357▼ $186,523
Total Liabilities and Net Assets / Fund Balance$2,245,946$2,049,579▼ $196,367

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$691,202$1,477,774$2,168,976
Equipment$77,142$401,703$478,845
Leasehold Improvements$64,290$129,617$193,907
Other Assets Org$278,496--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,327,793-▲ $154,063$69,943$1,411,913
2022$1,390,510-▲ $132,468$195,185$1,327,793
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chrisann GrayExecutive DiPT$73,973$52,711$126,684

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$490,688
Program Service Revenue
$242,666
Investment Income
$827
Other Revenue
$-295
All Other Contributions
$360,310
Change in Net Assets
$-186,523
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$497,149
Other Expenses$349,092
Total Fundraising Expense$132,145
Grants and Similar Amounts Paid$74,168
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$162,763$106,204$44,795$313,762
Depreciation Depletion$119,325--$119,325
Current Officers, Directors, Trustees, and Key Employees$48,595$28,283$16,607$93,485
Fees for Services Other$70,445$3,688$53$74,186
Grants to Domestic Individuals$74,168--$74,168
Other Employee Benefits$27,715$2,347$22,477$52,539
Occupancy$37,374$1,002$441$38,817
Payroll Taxes$16,778$10,719$4,551$32,048
Insurance$22,711$4,100$309$27,120
Office Expenses$7,877$10,745$580$19,202
Information Technology$10,478$2,313$8$12,799
Fees for Services Accounting-$11,866-$11,866
Other Expenses$7,854$1,395$48$9,297
Pension Plan Contributions$2,804$237$2,274$5,315
Travel$133$276-$409
All Other Expenses$-96,546$13,087$39,947$-43,512
Total Functional Expenses$591,845$196,419$132,145$920,409
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 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
2025-02-13
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
81

Preparer

Firm
Pulakos Cpas Pc
Address
6753 ACADEMY RD NE, ALBUQUERQUE, NM 87109
Preparer
Robert a Depasquale CPA
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.

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, 2024 and 2023, respectively.

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IRS990/Desc0LODGING- CASA ESPERANZA PROVIDES A WELCOMING PLACE TO STAY FOR FAMILIES WHILE THEY RECEIVE CRITICAL MEDICAL CARE IN ALBUQUERQUE. WE HAVE LODGED 3,943 INDIVIDUALS AND SUPPORTED 564 PATIENTS WITH LODGING FUNDS. WE HELP REDUCE THE STRESS OF BEING AWAY FROM HOME FOR MEDICAL CARE. FAMILY CARE TEAM - TO PROVIDE FAMILIES IN NEED WITH GAS CARDS, LODGING ASSISTANCE, CLINICAL COUNSELING, AND LOCATING FAMILIES IN NEED WITH RESOURCES. 6 COUNSELING SESSION WERE HELD, AND 116 EDUCATIONAL WORKSHOPS WERE HELD. 104 DINNERS WERE HELD FOR RESIDENTS. 36 FOOD BOXES WERE PROVIDED. 288 GAS CARDS WERE PROVIDED, AND 7 GIFT CARDS WERE GIVEN OUT DURING THE FISCAL YEAR.
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IRS990/MissionDesc0WE 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.
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IRS990/PrincipalOfficerNm0CHRISANN GRAY
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 38,970
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CASA 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, 2024 AND 2023, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.05$0.06$1.99$0.73$0.92$0.19
2023Summary only. Only limited summary data is available for this year.$2.25$0.07$2.18$1.06$0.87$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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