La Esperanza INC FY2020 filing

Tax-deductible

Georgetown, DE501(c)(3)EmploymentEIN 31-1606956Revenue $695K in FY2020

On file with the IRSlaesperanza.org216 N Race St, 19947-1409 · Georgetown, DETax-exempt since Mar 1999Publicly supported charity — 170(b)(1)(A)(vi)

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Seek to enrich our communities by welcoming cultural diversity and by providing services to our clients to help them progress towards employment, education, self-sufficiency and citizenship.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $24K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 8.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $279K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$18K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$695K
Spent
$676K
To programs
76%
Net assets
$684K
By yearFY2020–FY2024
Revenue
$695K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$695K
FY2021$719K
FY2022$853K
FY2023$850K
FY2024$779K
Expenses
$676K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$676K
FY2021$688K
FY2022$755K
FY2023$761K
FY2024$895K
Net assets
$684K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$684K
FY2021$715K
FY2022$832K
FY2023$921K
FY2024$805K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $515K Management & general 23% · $154K Fundraising 1% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jennifer Fuqua’s $82K as Executive Director 12/2024 is at the 72nd percentile of top reported officer pay among 1216 $100K–1M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See La Esperanza INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Welcomes cultural diversity and provides services for employment, education, self-sufficiency, and citizenship.

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Provided by the organization

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1 program · $515K · in their own filed words · FY2020
01

To enhance the quality of life of the immigrant community through educational, cultural and leadership development.

$515Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$695K
Ln 12
Gifts and grantsLn 1h$673K
Fees for servicesLn 2g$21K
Other incomeLn 4–11$750
Money outPt IX
$676K
Ln 25
Programscol B$515K
Managementcol C$154K
Fundraisingcol D$7K
Owns and owesPt X
$684K
net assets · Ln 32
Cash and savingsLn 1–2$454K
Total assetsLn 16$702K
LiabilitiesLn 26$18K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$673K
Government grantsLn 1e$289K
Fees for servicesLn 2g$21K
Investment incomeLn 3$130
Other incomeLn 4–11$750
Total revenueLn 12$695K
Assets in detailPt X, end of year
CashLn 1$326K
SavingsLn 2$128K
Cash and savings togetherLn 1–2$454K
Land, buildings, equipmentLn 10c$222K
Total assetsLn 16$702K
LiabilitiesLn 26$18K
Net assetsLn 32$684K
OperationsPt I, VI
EmployeesI 518
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$319K$454K
Land, buildings, equipmentLn 10c$230K$222K
Total assetsLn 16$692K$702K
LiabilitiesLn 26$27K$18K
Net assetsLn 32$666K$684K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$72K$57K$15K
Other salaries and wagesLn 7$310K$244K$65K
Other employee benefitsLn 9$20K$18K$2K
Payroll taxesLn 10$35K$28K$7K
Legal feesLn 11b$14K$12K$2K
Accounting feesLn 11c$42K$37K$5K
Other fees for servicesLn 11g$74K$63K$4K$7K
Office expensesLn 13$12K$10K$2K
Information technologyLn 14$40K$8K$32K
OccupancyLn 16$14K$2K$12K
TravelLn 17$3K$3K$162
Conferences, conventions and meetingsLn 19$557$526$31
InterestLn 20$16$16
Depreciation, depletion and amortizationLn 22$8K$6K$2K
InsuranceLn 23$15K$12K$3K
Other expenses (24a–d)Ln 24$19K$15K$4K
Total functional expensesLn 25$676K$515K$154K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $779K$895K−$117K$805K 990 PDF
FY2023 $850K$761K$89K$921K 990 PDF
FY2022 $853K$755K$98K$832K 990 PDF
FY2021 $719K$688K$31K$715K 990 PDF
FY2020 Viewing $695K$676K$19K$684K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $694,680 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $791,727$672,668
I-9 Program service revenuePrior year $23,875$21,132
I-10 Investment incomePrior year $233$130
I-11 Other revenuePrior year $36,239$750
I-12 Total revenuePrior year $852,074$694,680
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $412,442$435,994
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $231,744$240,183
I-18 Total expensesPrior year $644,186$676,177
I-19 Revenue less expensesPrior year $207,888$18,503
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $694,680 across 7 lines filed
VIII-1e Government grants$288,748
VIII-1f All other contributions, gifts and grants$383,920
VIII-1h Total contributions, gifts and grants$672,668
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $21,132$21,132
VIII-3 Investment incomeRelated to mission $130$130
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $750$750
VIII-12 Total revenueRelated to mission $22,012$694,680
Part IX · Statement of functional expenses $676,177 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $56,644 · Management $15,057$71,701
IX-7 Other salaries and wagesPrograms $244,263 · Management $65,298$309,561
IX-9 Other employee benefitsPrograms $18,478 · Management $1,607$20,085
IX-10 Payroll taxesPrograms $27,806 · Management $6,841$34,647
IX-11b Legal feesPrograms $12,231 · Management $1,633$13,864
IX-11c Accounting feesPrograms $36,844 · Management $4,918$41,762
IX-11g Other fees for servicesPrograms $62,962 · Management $3,735 · Fundraising $7,044$73,741
IX-13 Office expensesPrograms $9,945 · Management $2,388$12,333
IX-14 Information technologyPrograms $7,627 · Management $31,927$39,554
IX-16 OccupancyPrograms $2,213 · Management $11,801$14,014
IX-17 TravelPrograms $2,655 · Management $162$2,817
IX-19 Conferences, conventions and meetingsPrograms $526 · Management $31$557
IX-20 InterestManagement $16$16
IX-22 Depreciation, depletion and amortizationPrograms $6,099 · Management $1,526$7,625
IX-23 InsurancePrograms $11,621 · Management $3,063$14,684
IX-24 Other expenses (24a–d)Programs $15,392 · Management $3,824$19,216
IX-25 Total functional expensesPrograms $515,306 · Management $153,827 · Fundraising $7,044$676,177
Part X · Balance sheet $702,326 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $319,337$326,005
X-2 Savings and temporary cash investments$127,727
X-3 Pledges and grants receivableStart of year $137,889$21,410
X-9 Prepaid expenses and deferred chargesStart of year $5,301$5,075
X-10c Land, buildings and equipment, netStart of year $229,734$222,109
X-16 Total assetsStart of year $692,261$702,326
X-17 Accounts payable and accrued expensesStart of year $11,089$15,789
X-25 Other liabilitiesStart of year $15,433$2,295
X-26 Total liabilitiesStart of year $26,522$18,084
X-27 Net assets without donor restrictionsStart of year $559,292$562,805
X-28 Net assets with donor restrictionsStart of year $106,447$121,437
X-32 Total net assets or fund balancesStart of year $665,739$684,242
X-33 Total liabilities and net assetsStart of year $692,261$702,326
Part XI · Reconciliation of net assets $684,242 net assets at year end
XI-1 Total revenue$694,680
XI-2 Total expenses$676,177
XI-3 Revenue less expenses$18,503
XI-4 Net assets at start of year$665,739
XI-10 Net assets at end of year$684,242

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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