CLINICA ESPERANZA HOPE CLINIC

EIN: 261714340 501(c)(3) Health Care

PROVIDENCE, RI

Total Revenue
$3,370,357
Total Expenses
$3,373,922
Total Assets
$740,784
Net Assets
$580,010
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
RI
Principal Officer
MORGAN LEONARD
Phone
4013479093
Tax Period
2023-01-01 to 2023-12-31

CLINICA ESPERANZA HOPE CLINIC, founded in 2007, is a community nonprofit in the Health Care sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

ESTABLISHED IN 2007, CLNICA ESPERANZA /HOPE CLINIC (CEHC) IS A 501 3 ORGANIZATION THAT IS DEDICATED TO BREAKING DOWN BARRIERS TO ACCESSIBLE HEALTHCARE. OUR MISSION IS TO PROVIDE CULTURALLY ATTUNED AND LINGUISTICALLY APPROPRIATE MEDICAL CARE AND PREVENTIVE HEALTH SERVICES TO THE UNINSURED OF RHODE ISLAND THROUGH OUR CHEER WALK-IN CLINIC, CONTINUITY OF CARE CLINIC (CCC), SPECIALTY CLINICS AND WRAPAROUND SERVICES. THE CLINICS VISION IS: (1) TO REDUCE HEALTH DISPARITIES; (2) TO ENGAGE IN HEALTHCARE WORKFORCE DEVELOPMENT; AND (3) TO IMPROVE HEALTH SELF-EFFICACY IN OUR COMMUNITY. CEHC SERVES A LARGE POPULATION IN RHODE ISLAND THAT IS VERY VULNERABLE TO HEALTH DISPARITIES BECAUSE THEY LACK ACCESS TO HEALTHCARE. WE ADDRESS THIS VULNERABILITY BY PROVIDING WALK-IN PATIENT SERVICES AND HEALTH SCREENS IN COMMUNITY-BASED OUTREACH SITES. OVER THE PAST TWELVE YEARS, CEHC HAS SUCCESSFULLY IMPLEMENTED (AND PUBLISHED) SEVERAL INNOVATIVE CHRONIC DISEASE INTERVENTION PROGRAMS, DEMONSTRATING THE POSITIVE I

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,313,462
Program Service Revenue $33,220
Investment Income $180
Other Revenue $23,495
TOTAL REVENUE $3,370,357

Expense Breakdown

Grants Paid $12,254
Salaries & Benefits $1,216,130
Fundraising Expenses $18,513
Program Expenses $2,064,995
Other Expenses $2,127,025
TOTAL EXPENSES $3,373,922

Year-over-Year Comparison

2023 2022 Change
Revenue $3,370,357 $2,195,927 +0.5%
Expenses $3,373,922 $2,179,018 +0.5%
Net Income $-3,565 $16,909 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
N/A
Employees
23
Volunteers
250

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$170,176
Total Directors
11
$170,176
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MORGAN LEONARD EXECUTIVE DI 40.00
Officer Director
$95,036 $0 $95,036
JOSEPH DESROSIERS II PA-C DIRECTOR/CHA 40.00
Officer Director
$75,140 $0 $75,140
CHRISSY HOBBS JD DIRECTOR 1.00
Director
$0 $0 $0
RICH HENRY SCHWBOWSKY PHD JD DIRECTOR 1.00
Director
$0 $0 $0
VICTORIA KOENIGSBERGER DIRECTOR 1.00
Director
$0 $0 $0
ANNE S DE GROOT MD DIRECTOR 1.00
Director
$0 $0 $0
STEVEN VESSELLA MPH DIRECTOR 1.00
Director
$0 $0 $0
ALISHIA ZYER PA-C DIRECTOR 1.00
Director
$0 $0 $0
MANUELA RAPOSO DIRECTOR 1.00
Director
$0 $0 $0
PABLO RODRIGUEZ VICE CHAIR 1.00
Director
$0 $0 $0
DAMARIS ROSALES DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE CURTIN MILLER TREASURER 1.00
Officer
$0 $0 $0
SUSANA TORRES SECRETARY 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,370,357 $3,373,922 $740,784 $-3,565
2022 $2,195,927 $2,179,018 $609,347 $16,909
2021 $1,719,924 $1,750,301 $589,602 $-30,377
2020 $1,624,279 $1,229,195 $712,692 $395,084
2019 $866,665 $781,421 $204,411 $85,244
2018 $675,400 $628,478 $128,575 $46,922
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