ESPERANZA ACADEMY INC (EIN 731722348) - 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

2004

Legal Domicile

Principal Officer

JADIHEL TAVERAS

Phone

9786864673

Tax Period

2023-07-01 to 2024-06-30

ESPERANZA ACADEMY INC, founded in 2004, is a community nonprofit in the Education sector that reported $6.0M in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 39% operating margin.

Mission

ESPERANZA ACADEMY IS A TUITION-FREE, ALL-GIRLS MIDDLE SCHOOL, BUILT ON JUSTICE AND CENTERED IN JOY. WE CELEBRATE, SUPPORT, AND INSPIRE EACH STUDENT TO EMBRACE THEIR BRILLIANCE. OUR PROGRAM EMPOWERS GIRLS TO REDEFINE WHAT IS EXPECTED OF THEM, TO COUNTER SOCIETAL LIMITATIONS, AND TO TAKE ON CHALLENGES THAT WILL POSITIVELY IMPACT THE TRAJECTORY OF THEIR LIVES IN LAWRENCE, MA AND BEYOND.

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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 $5,950,307

Program Service Revenue $17,680

Investment Income $89,545

Other Revenue $-78,824

TOTAL REVENUE $5,978,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,316,023

Fundraising Expenses $631,919

Program Expenses $2,660,137

Other Expenses $1,340,019

TOTAL EXPENSES $3,656,042

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,978,708	$3,634,565	+0.6%
Expenses	$3,656,042	$3,097,434	+0.2%
Net Income	$2,322,666	$537,131	+3.3%

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

100

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

$411,194

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE MARTIN	CO-PRESIDENT	5.00	Officer Director	$0	$0	$0
ERIN VAN OTTERLOO	CO-PRESIDENT	5.00	Officer Director	$0	$0	$0
AUDREY ELLIS	SECRETARY	5.00	Officer Director	$0	$0	$0
THOMAS ABISALIH	TREASURER	5.00	Officer Director	$0	$0	$0
NINA BOWMAN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
DENISE BORDONARO	BOARD MEMBER	2.00	Director	$0	$0	$0
BARBARA CHASE	BOARD MEMBER	2.00	Director	$0	$0	$0
EMILY JONES	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER MCKENELLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
MATT PRUNIER	BOARD MEMBER	2.00	Director	$0	$0	$0
DAMIEN HUANG	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN RAMOS-GLEW	BOARD MEMBER	2.00	Director	$0	$0	$0
CARLOS TORRES	BOARD MEMBER	2.00	Director	$0	$0	$0
KAVY YESAIR	BOARD MEMBER	2.00	Director	$0	$0	$0
KATE BARRAND	BOARD MEMBER	2.00	Director	$0	$0	$0
ADITI DHOLAKIA	BOARD MEMBER	2.00	Director	$0	$0	$0
HEATHER BENSON	BOARD MEMBER	2.00	Director	$0	$0	$0
DANIEL HEISCHMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
ALLISON MATLACK	BOARD MEMBER	2.00	Director	$0	$0	$0
DEREK MITCHELL	BOARD MEMBER	2.00	Director	$0	$0	$0
ELAINE WHITE	BOARD MEMBER (UNTIL 6/2024)	2.00	Director	$0	$0	$0
ANDY RAMIREZ	BOARD MEMBER (UNTIL 6/2024)	2.00	Director	$0	$0	$0
MARTY DOGGETT	BOARD MEMBER (UNTIL 3/2024)	2.00	Director	$0	$0	$0
JADIHEL TAVERAS	HEAD OF SCHOOL	40.00	Officer	$258,487	$25,169	$283,656
LISA LEE	DIRECTOR OF FINANCE	32.00	Officer	$115,944	$11,594	$127,538
DELIA DURAN-CLARK	PRINCIPAL	40.00	Highest	$111,735	$11,174	$122,909
PATRICIA FERNANDEZ	CHIEF ADVANCEMENT OFFICER	40.00	Highest	$163,119	$21,716	$184,835
TESSA YOUNG	CHIEF OF STRATEGY AND IMPACT	40.00	Highest	$108,016	$18,825	$126,841

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
2025	No data	No data	No data	No data
2024	$5,978,708	$3,656,042	$8,899,974	$2,322,666
2023	$3,634,565	$3,097,434	$6,346,278	$537,131
2022	$3,824,826	$2,642,871	$5,523,365	$1,181,955
2021	$2,630,704	$2,276,953	$5,000,167	$353,751
2020	$2,105,529	$2,118,979	$4,356,507	$-13,450
2019	$2,052,879	$1,931,605	$4,121,091	$121,274
2018	$2,672,311	$1,853,965	$3,943,003	$818,346

ESPERANZA ACADEMY INC