ESPERANZA COMMUNITY CENTER INC

EIN: 833986715 501(c)(3) Human Services

WEST PALM BEACH, FL

Total Revenue
$239,998
Total Expenses
$241,549
Total Assets
$44,791
Net Assets
$39,611
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Principal Officer
SYLVIA MOFFETT
Phone
5615603558
Tax Period
2023-01-01 to 2023-12-31

ESPERANZA COMMUNITY CENTER INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $240K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

ESPERANZA'S MISSION STATEMENT IS "EMPOWERING NORTHWOOD DAY LABORERS AND FAMILIES TO THRIVE." VISION: IT IS THE ESPERANZA CENTER'S VISION TO SEE THAT RESIDENTS IN THE NORTHWOOD AREA AND ALL OF WEST PALM BEACH APPRECIATE THEIR LATINO AND OTHER IMMIGRANT NEIGHBORS AND THE ROLE THEY PLAY IN THE COMMUNITY, AND THAT THESE COMMUNITY MEMBERS IN PARTICULAR FEEL SAFE, WELCOME AND ABLE TO ACCESS THE RESOURCES THEY NEED TO LIVE HEALTHY AND PRODUCTIVE LIVES. THESE RESOURCES INCLUDE NUTRITION AND HEALTH CARE, AFFORDABLE HOUSING, LEGAL SERVICES, WORKFORCE TRAINING, ENGLISH AS A SECOND LANGUAGE AND ADULT LITERACY CLASSES; AND SUPPORT SERVICES PROVIDED BY THE ESPERANZA COMMUNITY CENTER. VALUES: THE ESPERANZA CENTER VALUES EMPOWERMENT, FREEDOM OF CHOICE, FINANCIAL INDEPENDENCE, SELF-WORTH, AND ABILITY TO DREAM AND PURSUE ONE'S OWN HIGHEST POTENTIAL. IN ADDITION, THE ESPERANZA CENTER VALUES EQUALITY FOR PEOPLE OF ALL RACES, DENOMINATIONS, GENDERS, SEXUAL PREFERENCES, AGES, AND INCOME LEVELS. IN SUPPORT O

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $239,776
Program Service Revenue $0
Investment Income $0
Other Revenue $222
TOTAL REVENUE $239,998

Expense Breakdown

Grants Paid $86,047
Salaries & Benefits $104,757
Fundraising Expenses $0
Program Expenses $241,549
Other Expenses $50,745
TOTAL EXPENSES $241,549

Year-over-Year Comparison

2023 2022 Change
Revenue $239,998 $261,474 -0.1%
Expenses $241,549 $318,041 -0.2%
Net Income $-1,551 $-56,567 -1.0%
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
6
Independent Members
6
Employees
2
Volunteers
80

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ENID COCHRAN TREASURER 1.00
Director
$0 $0 $0
BETSY DORN DIRECTOR 1.00
Director
$0 $0 $0
JILL HANSON VP 1.00
Director
$0 $0 $0
JEZABEL MAISONET DIRECTOR 1.00
Director
$0 $0 $0
SYLVIA MOFFETT PRESIDENT 1.00
Director
$0 $0 $0
JOAN WAITKEVICZ SECRETARY 1.00
Director
$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
2023 $239,998 $241,549 $44,791 $-1,551
2022 $261,474 $318,041 $44,391 $-56,567
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