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Nonprofiteer
← ESPERANZA PARA LA VEJEZ INC

Form 990 for tax year 2024

Filed by ESPERANZA PARA LA VEJEZ INC.

Totals

Total revenue
$2,628,668
Total expenses
$2,702,080
Contributions and grants received
$2,628,668
Grants paid
$650,032
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$5,250,681
Total liabilities, end of year
$3,652,746
Net assets or fund balances, end of year
$1,597,935
Program services expenses (Part IX)
$2,143,620
Management and general expenses
$558,460
Fundraising expenses
$0
Program service expenses (Part III)
$2,143,620

Program services were 79.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $2,291,605

  • 1f · All other contributions, gifts and grants

    $337,063

  • 1g · Noncash contributions included above

    $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $650,032 · program services $650,032

  • 5 · Compensation of officers, directors and key employees

    total $41,990 · management and general $41,990

  • 7 · Other salaries and wages

    total $787,518 · program services $748,707 · management and general $38,811

  • 9 · Other employee benefits

    total $106,154 · program services $98,271 · management and general $7,883

  • 11g · Fees: other

    total $249,583 · program services $212,823 · management and general $36,760

  • 13 · Office expenses

    total $79,788 · program services $57,519 · management and general $22,269

  • 17 · Travel

    total $39,834 · program services $39,808 · management and general $26

  • 20 · Interest

    total $33,491 · management and general $33,491

  • 22 · Depreciation, depletion and amortization

    total $140,124 · management and general $140,124

  • 23 · Insurance

    total $54,041 · program services $10,726 · management and general $43,315

  • 24a · Other expenses: MEALS

    total $239,248 · program services $210,762 · management and general $28,486 · fundraising $0

  • 24b · Other expenses: PROFESIONAL SERV

    total $157,473 · program services $23,907 · management and general $133,566 · fundraising $0

  • 24c · Other expenses: TRAINING

    total $5,682 · program services $5,682 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $117,122 · program services $85,383 · management and general $31,739

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $224,568 · end of year $130,107

  • 3 · Pledges and grants receivable

    beginning of year $1,737,167 · end of year $1,773,860

  • 4 · Accounts receivable

    beginning of year $598,536 · end of year $587,751

  • 7 · Other notes and loans receivable

    beginning of year $1,889,676 · end of year $2,016,968

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,432 · end of year $10,707

  • 10a · Land, buildings and equipment: cost or other basis

    $2,027,553

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,296,265

  • 10c · Land, buildings and equipment, net

    beginning of year $858,366 · end of year $731,288

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,678,007 · end of year $1,957,219

  • 18 · Grants payable

    beginning of year $9,285 · end of year $178,373

  • 19 · Deferred revenue

    beginning of year $1,770,484 · end of year $1,517,154

  • 27 · Net assets without donor restrictions

    beginning of year $1,281,394 · end of year $260,499

  • 28 · Net assets with donor restrictions

    beginning of year $588,575 · end of year $1,337,436

Mission and programs · 2024

Mission

Our mission is to provide to the elderly direct services and special projects such as nutrition, health and social services.

Activities or mission (Part I)

Our main activity consists of providing services to the elderly through direct service programs and special projects.

  • Day-care services for the ederly. Provides nutrition, transportation, education, health and social services to the participants of congregate and home delivered services support with donations.

    Expenses $639,442 · Grants $679,599

  • Volunteer programs for the elderly, provide stipends, transportation, education, health and social services provided to all the participants by the organization.

    Expenses $1,170,408 · Grants $1,170,408

  • Volunteer programs for the elderly, provide stipends, transportation, education, health and social services provided to all the participants by the organization.

    Expenses $333,770 · Grants $333,770

As filed on the 2024 return.

Listed in Part VII

  • Zoraida Vega

    EXECUTIVE DIRECTOR

    Total calculated
    $41,990
    From this org
    $41,990
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Ana Gratacos Rodriguez

    PRESIDENTA JUNTA

    Total calculated
    $0
    Hours/week
    5
  • Guaymalida Alicea Sastre

    TESORERA

    Total calculated
    $0
    Hours/week
    5
  • Florencia Velazquez

    SECRETARIA

    Total calculated
    $0
    Hours/week
    5
  • Lydia Figueroa

    DIRECTORA/VOCAL

    Total calculated
    $0
    Hours/week
    5
  • Frances Rodriguez

    DIRECTORA/VOCAL

    Total calculated
    $0
    Hours/week
    5
  • Maria M Figueroa

    DIRECTORA/VOCAL

    Total calculated
    $0
    Hours/week
    5
  • Francisco Javier Parga

    DIRECTOR/VOCAL

    Total calculated
    $0
    Hours/week
    5
  • Ramaris Sepulveda

    MEMBER

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
10 August 2026
IRS schema version
2024v5.0
Source object
202632229349301913

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