ESPERANZA INC (EIN 341403492) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

MARGARET SANCHEZ

Phone

2166517178

Tax Period

2023-10-01 to 2024-09-30

ESPERANZA INC, founded in 1983, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2023. Expenses of $3.4M left a modest 6% surplus.

Mission

EMPOWERING NORTHEAST OHIO COMMUNITIES IN NEED TO FLOURISH BY EQUIPPING LEARNERS FOR EDUCATIONAL ATTAINMENT AND LIFELONG SUCCESS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,467,930

Program Service Revenue $0

Investment Income $23,539

Other Revenue $148,810

TOTAL REVENUE $3,640,279

Expense Breakdown

Grants Paid $117,000

Salaries & Benefits $2,290,011

Fundraising Expenses $185,143

Program Expenses $2,836,091

Other Expenses $1,031,423

TOTAL EXPENSES $3,438,434

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,640,279	$3,662,890	0.0%
Expenses	$3,438,434	$3,326,903	+0.0%
Net Income	$201,845	$335,987	-0.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

109

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

$185,012

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAMELA HOBE	PRESIDENT	3.00	Officer Director	$0	$0	$0
CAMILA NEGRET	1ST VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
LAURA ALMAZAN	2ND VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
ANDRES ARSUAGA	TREASURER	3.00	Officer Director	$0	$0	$0
JAIME CARABALLO	SECRETARY	3.00	Officer Director	$0	$0	$0
CARMEN CASTRO RIVERA	TRUSTEE	2.00	Director	$0	$0	$0
MANUEL CARBALLO	TRUSTEE	2.00	Director	$0	$0	$0
JOSE CEDENO	TRUSTEE	2.00	Director	$0	$0	$0
BILL MCCARRON	TRUSTEE	2.00	Director	$0	$0	$0
STEPHANIE MILK WADE	TRUSTEE	2.00	Director	$0	$0	$0
NICK MAYS	TRUSTEE	2.00	Director	$0	$0	$0
EDGAR SAN JOSE	TRUSTEE	2.00	Director	$0	$0	$0
LESLIE SUFFREDINI	TRUSTEE	2.00	Director	$0	$0	$0
ADELAIDA VASQUEZ-MIHU	TRUSTEE	2.00	Director	$0	$0	$0
ALEJANDRA ISABEL MORALES	TRUSTEE	2.00	Director	$0	$0	$0
CAMILO SERNA	TRUSTEE	2.00	Director	$0	$0	$0
VICTOR RUIZ	EXECUTIVE DIRECTOR	40.00	Officer	$171,671	$13,341	$185,012

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	$3,640,279	$3,438,434	$2,751,824	$201,845
2023	$3,662,890	$3,326,903	$2,502,569	$335,987
2022	$2,871,639	$2,603,469	$2,014,963	$268,170
2021	$2,023,703	$1,909,755	$1,597,010	$113,948
2020	$1,971,350	$1,649,674	$1,593,448	$321,676
2019	$1,743,507	$1,812,689	$1,097,853	$-69,182

ESPERANZA INC