Casa Esperanza Project EIN 36-3909531 Form 990 (PDF) Claim this org

Casa Esperanza Project

Not yet claimed Claim this org →

Helps homeless women and children move out of shelters into stable housing. For fiscal year 2024 it reported $284K in revenue, $309K in expenses, and $196K in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Chicago, IL
Website
casaesperanzachicago.org
Filings
6 on file (2019–2024)
Revenue
$284KFY2024
Expenses
$309K
Net assets
$196K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  36-3909531 Public charity (501(c)(3)) Chicago, IL
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Casa Esperanza Project claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Helps homeless women and children move out of shelters into stable housing.
Leadership
Elaine Seaton · Executive Director · $76K
Money in and out
$284K revenue, $309K expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$284K
Pt VIII · Ln 12
Total expenses
$309K
Pt IX · Ln 25
Net assets
$196K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$24K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.14 Fundraising $0.06
Program efficiency
80%
of spending reaches programs▲ +14% vs prior filing year
Operating runway
7.6mo
months of highly liquid reserves at operating expense rate▼ -63% vs prior filing year
Surplus margin
-9%
revenue over expenses, this year▼ -154% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$284K
FY2024▲ +127%
Expenses
$309K
FY2024▲ +138%
Total assets
$196K
FY2024▼ -11%
Total liabilities
$0
FY2024
Total revenue
$284K
Pt VIII · Ln 12
Total expenses
$309K
Pt IX · Ln 25
Net assets
$196K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$24K
Total assetsPt X · Ln 16$196K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $247K of program spending, described in the organization's own filed words · FY2024.
01

Casa esperanza develops holistic forms of motivation to enhance residents' spiritual, moral and emotional growth. From regular services, community activities and counseling sessions offered based on individual needs, we offer a variety of ways to implement programs and services to enrich our residents' lives.

$173Kprogram expense
02

Casa esperanza project has developed partnerships with community based organizations and individuals to provide financial literacy to our residents. 80% of our residents secured either a savings or checking account during this year.

$49Kprogram expense
03

Casa esperanza project partners with heartland alliance to provide onsite medical care services including COVID/FLU vaccinations and mental health counseling. 100% of our adult population have engaged in medical care services during this year.

$25Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCasa Esperanza Project
EINHdr · item D36-3909531
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jcasaesperanzachicago.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L20)
Ruling yearIRS BMFMay 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$75,934Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Elaine Seaton’s $76K as Executive Director is at the 67th percentile of top reported officer pay among 848 $100K–1M housing 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.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Elaine Seaton$75,934$71,919$21,705
Hannah Y Anokye$31,089$27,864
Hannah Anoykye$26,355
Hannah Anokye$15,680
Roma Armstrong$10,720

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Casa Esperanza Project executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$266K · 94%
Other revenue$18K · 6%
Contributions & grants94%$266K
Other revenue6%$18K
Investment income$5
Total revenueLn 12$284K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.14 Fundraising $0.06
Program services80%$247K
Management & general14%$44K
Fundraising6%$18K
Total functional expensesLn 25$309K

Balance Sheet

Part X · end of year
CashLn 1$196K
Total assetsLn 16$196K
Total liabilitiesLn 26$0
Total net assetsLn 32$196K
Months of cash on handcomputed7.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $196K · Operating expenses/yr $309K
7.6 months
Where the money goes
Program services
Program services $247K · Total expenses $309K
80%
Management & General
Management & general $44K · Total expenses $309K
14%
Fundraising
Fundraising $18K · Total expenses $309K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $15K · Solicited contributions (3-yr avg) $190K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $266K · Total revenue $284K
94%
Government reliance
Government grants — · Total revenue $284K
Earned-income share
Program service revenue $0 · Total revenue $284K
0%
Investment reliance
Investment income $5 · Total revenue $284K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $309K
0%
Growth & trend
Revenue growth (YoY)
This year $284K · Prior year $125K
+127%
Revenue CAGR
FY2019 $57K · FY2024 $284K
+38%
Net-asset trend (YoY)
End of year $196K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $284K · Expenses $309K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $196K
Net-asset ratio
Net assets $196K · Total assets $196K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $196K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elaine Seaton · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $76K · Total expenses $309K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $116K · Total expenses $309K
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 14%
Fundraising cost ratio 7%
Revenue growth 127%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$43K

Similar Organizations

Closest in mission — by what they do
See all organizations like Casa Esperanza Project →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$284K revenue · viewing · ⤓ 990 PDF
FY2023$125K revenue · ⤓ 990 PDF
FY2022$194K revenue · ⤓ 990 PDF
FY2021$246K revenue · ⤓ 990 PDF
FY2020$341K revenue · ⤓ 990 PDF
FY2019$57K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.