Totals
- Total revenue
- $3,662,890
- Total expenses
- $3,326,903
- Contributions and grants received
- $3,396,702
- Grants paid
- $94,000
- Program service revenue
- $0
- Investment income
- $46
- Other revenue
- $266,142
- Total assets, end of year
- $2,502,569
- Total liabilities, end of year
- $445,892
- Net assets or fund balances, end of year
- $2,056,677
- Program services expenses (Part IX)
- $2,788,040
- Management and general expenses
- $434,349
- Fundraising expenses
- $104,514
- Program service expenses (Part III)
- $2,788,040
Program services were 83.8% 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.
-
1e · Government grants (contributions)
$1,704,654
-
1f · All other contributions, gifts and grants
$1,692,048
-
3 · Investment income
total $46 · excluded $46
-
8a · Fundraising events: gross income
$397,791
-
8b · Fundraising events: direct expenses
$149,690
-
8c · Net income from fundraising events
total $248,101 · excluded $248,101
-
11a · Other revenue: MISCELLANEOUS
total $18,041 · excluded $18,041
-
11e · Other revenue, total
$18,041
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $94,000 · program services $94,000
-
5 · Compensation of officers, directors and key employees
total $168,816 · program services $140,793 · management and general $20,242 · fundraising $7,781
-
7 · Other salaries and wages
total $1,726,364 · program services $1,491,021 · management and general $152,937 · fundraising $82,406
-
8 · Pension plan contributions
total $20,896 · program services $18,643 · management and general $1,618 · fundraising $635
-
9 · Other employee benefits
total $133,682 · program services $119,273 · management and general $10,349 · fundraising $4,060
-
10 · Payroll taxes
total $156,561 · program services $131,124 · management and general $15,805 · fundraising $9,632
-
11c · Fees: accounting
total $17,525 · management and general $17,525
-
11g · Fees: other
total $435,231 · program services $336,387 · management and general $98,844
-
12 · Advertising and promotion
total $6,262 · program services $4,191 · management and general $2,071
-
13 · Office expenses
total $70,606 · program services $48,609 · management and general $21,997
-
16 · Occupancy
total $140,660 · program services $109,010 · management and general $31,650
-
17 · Travel
total $12,934 · program services $7,483 · management and general $5,451
-
22 · Depreciation, depletion and amortization
total $4,659 · management and general $4,659
-
23 · Insurance
total $9,799 · management and general $9,799
-
24a · Other expenses: STUDENT TRAVEL, FOOD, &
total $99,393 · program services $99,393 · management and general $0
-
24b · Other expenses: PROGRAM SUPPLIES
total $88,639 · program services $88,207 · management and general $432
-
24c · Other expenses: MISCELLANEOUS
total $39,991 · program services $19,317 · management and general $20,674
-
24d · Other expenses: EQUIPMENT RENTAL & MAIN
total $33,393 · program services $32,089 · management and general $1,304
-
24e · All other expenses
total $67,492 · program services $48,500 · management and general $18,992
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $618,727 · end of year $835,382
-
2 · Savings and temporary cash investments
beginning of year $527,123 · end of year $597,201
-
3 · Pledges and grants receivable
beginning of year $577,525 · end of year $914,909
-
9 · Prepaid expenses and deferred charges
beginning of year $21,610 · end of year $12,196
-
10a · Land, buildings and equipment: cost or other basis
$18,191
-
10b · Land, buildings and equipment: accumulated depreciation
$6,077
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $12,114
-
15 · Other assets
beginning of year $269,978 · end of year $130,767
-
17 · Accounts payable and accrued expenses
beginning of year $198,777 · end of year $305,285
-
19 · Deferred revenue
beginning of year $1,000 · end of year $15,850
-
25 · Other liabilities
beginning of year $264,574 · end of year $124,757
-
27 · Net assets without donor restrictions
beginning of year $483,147 · end of year $532,725
-
28 · Net assets with donor restrictions
beginning of year $1,067,465 · end of year $1,523,952
Mission and programs · 2022
Mission
ESPERANZA, INC.'S MISSION IS TO IMPROVE THE ACADEMIC ACHIEVEMENT OF HISPANICS IN GREATER CLEVELAND, OHIO BY SUPPORTING STUDENTS TO GRADUATE HIGH SCHOOL & PROMOTING POST-SECONDARY EDUCATIONAL ATTAINMENT.
-
YOUTH LEADERSHIP PROGRAM PROVIDES AFTER-SCHOOL PROGRAMS WITH THE FOCUS OF STUDENT EXPRESSION, REFLECTIVE LEADERSHIP, COMMUNITY SERVICE, LIFE AND EMPLOYMENT SKILLS, ACADEMICS, CAREER AWARENESS, FIELD TRIPS, AND POST-SECONDARY EDUCATION.
Expenses $1,629,656
-
THE ADULT LEARNER PROGRAM ENCOURAGES THE MOTIVATION AND ACTIVE PARTICIPATION OF PARENTS AND/OR CAREGIVER IN THE EDUCATIONAL PROCESS OF THEIR CHILDREN. IN ADDITION, THE ADULT LEARNER PROGRAM SUPPORTS PARENTS AND/OR CAREGIVERS IN ACHIEVING THEIR OWN GOALS.
Expenses $271,643
-
OUR MENTORING PROGRAM MATCHES 100+ COLLEGE STUDENTS WITH QUALIFIES PROFESSIONALS IN THE GREATER CLEVELAND AREA. WE USE A USER-FRIENDLY ONLINE PROGRAM (MENTORCLIQ) TO AID IN THE COMMUNICATIONS BETWEEN MENTOR-MENTEE, AS WELL AS ESPERANZA STAFF.
Expenses $348,101
-
SCHOLARSHIP AND OTHER PROGRAMS.
Expenses $538,640 · Grants $94,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
CAMILA NEGRET
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
CARMEN CASTRO-RIVERA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
EDGAR SAN JOSE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
ANDRES ARSUAGA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MANUEL CARBALLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JAIME CARABALLO
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
JOSE CEDENO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
LESLIE SUFFREDINI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
STEPHANIE MILK WADE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BILL MCCARRON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
NICK MAYS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
PAMELA HOBE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
ALEJANDRA ISABEL MORALES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
CAMILO SERNA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
ADELAIDA VASQUEZ-MIHU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
LAURA ALMAZAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
VICTOR RUIZ
EXCECUTIVE DIRECTOR
- Total calculated
- $168,816
- From this org
- $163,516
- From related orgs
- $0
- Other
- $5,300
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,516
- Bonus
- $0
- Other
- $0
- Deferred
- $4,893
- Nontaxable benefits
- $407
- Filer's total
- $168,816
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 3 · Approval by the board or compensation committee
Answered no
- 2 · Substantiation required before reimbursing expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- BENEFITS PROVIDED TO CERTAIN INDIVIDUALS: THE ORGANIZATION PAYS DUES FOR A SOCIAL CLUB FOR ITS EXECUTIVE DIRECTOR. THE CLUB IS USED FOR BUSINESS PURPOSES ONLY.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202442259349301924
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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