Puerto Esperanza INC

Tax-deductible

Capitan, NM501(c)(3)Human ServicesEIN 46-5453890Revenue $133K in FY2024

On file with the IRShopeharbornm.orgPo Box 1136, 88316-1136 · Capitan, NMTax-exempt since Mar 2015Publicly supported charity — 170(b)(1)(A)(vi)

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To offer christ-centered hope, healing, and direction to women and children escaping domestic violence.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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 $127K a year · 50% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$133K
-62% vs prior year
Spent
$218K
To programs
79%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$133K
FY2024▼ -62%
Tap a bar for its year
Revenue by fiscal year
FY2020$159K
FY2021$445K
FY2022$180K
FY2023$348K
FY2024$133K
Expenses
$218K
FY2024▲ +34%
Tap a bar for its year
Expenses by fiscal year
FY2020$61K
FY2021$62K
FY2022$127K
FY2023$163K
FY2024$218K
Net assets
$1.3M
FY2024▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$739K
FY2021$1.1M
FY2022$1.2M
FY2023$1.4M
FY2024$1.3M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2015.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $172K Management & general 20% · $43K Fundraising 1% · $3K

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

6 people listed on the 990.

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

Lorna Fike’s $4K as Executive Di is at the 2nd percentile of top reported officer pay among 2168 $100K–1M human services 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 · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Lorna Fike$3,600$20,400$21,243$6,530

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.

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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

Provides Christ-centered hope, healing, and direction to women and children escaping domestic violence.

Questions for Puerto Esperanza INC

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Provided by the organization

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1 program · $172K · in their own filed words · FY2024
01

Hope harbor is in the start-up phase of operations, so there has been little program service accomplishments in the current year. Hope harbor is pursuing its program service goals of 1) providing housing; 2) case management with an emphasis on personal goal plans; 3) life skills classes in finance, parenting, health, nurtition, and…

$172Kprogram 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
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$133K
Ln 12
Gifts and grantsLn 1h$121K
Fees for servicesLn 2g$12K
Investment incomeLn 3$149
Money outPt IX
$218K
Ln 25
Programscol B$172K
Managementcol C$43K
Fundraisingcol D$3K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$80K
Total assetsLn 16$1.3M
LiabilitiesLn 26$4K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$121K
Fees for servicesLn 2g$12K
Investment incomeLn 3$149
Total revenueLn 12$133K
Assets in detailPt X, end of year
CashLn 1$80K
Cash and savings togetherLn 1–2$80K
Land, buildings, equipmentLn 10c$1.0M
Other assetsLn 15$202K
Total assetsLn 16$1.3M
LiabilitiesLn 26$4K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$132K$80K
Land, buildings, equipmentLn 10c$1.0M$1.0M
Total assetsLn 16$1.4M$1.3M
LiabilitiesLn 26$2K$4K
Net assetsLn 32$1.4M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$56K$48K$6K$3K
Other employee benefitsLn 9$21K$8K$13K
Payroll taxesLn 10$4K$4K$420$210
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$25K$25K
Advertising and promotionLn 12$1K$902$154$225
Office expensesLn 13$3K$317$2K
OccupancyLn 16$20K$15K$5K
TravelLn 17$1K$1K
Depreciation, depletion and amortizationLn 22$45K$41K$5K
InsuranceLn 23$26K$23K$2K
Other expenses (24a–d)Ln 24$14K$6K$8K
All other expensesLn 24e$492$403$89
Total functional expensesLn 25$218K$172K$43K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $133K$218K−$86K$1.3M 990 PDF
FY2023 $348K$163K$185K$1.4M 990 PDF
FY2022 $180K$127K$53K$1.2M 990 PDF
FY2021 $445K$62K$382K$1.1M 990 PDF
FY2020 $159K$61K$98K$739K 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 FY2024 990 (6 parts)
Part I · Summary $132,792 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $288,751$121,132
I-9 Program service revenuePrior year $32,052$11,511
I-10 Investment incomePrior year $27,563$149
I-11 Other revenue$0
I-12 Total revenuePrior year $348,366$132,792
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $66,345$80,895
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $96,644$137,540
I-18 Total expensesPrior year $162,989$218,435
I-19 Revenue less expensesPrior year $185,377−$85,643
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $132,792 across 5 lines filed
VIII-1f All other contributions, gifts and grants$121,132
VIII-1h Total contributions, gifts and grants$121,132
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,511$11,511
VIII-3 Investment incomeRelated to mission $149$149
VIII-12 Total revenueRelated to mission $11,660$132,792
Part IX · Statement of functional expenses $218,435 across 13 lines filed
IX-7 Other salaries and wagesPrograms $47,600 · Management $5,600 · Fundraising $2,800$56,000
IX-9 Other employee benefitsPrograms $7,700 · Management $13,000$20,700
IX-10 Payroll taxesPrograms $3,565 · Management $420 · Fundraising $210$4,195
IX-11c Accounting feesManagement $1,150$1,150
IX-11g Other fees for servicesPrograms $25,340$25,340
IX-12 Advertising and promotionPrograms $902 · Management $154 · Fundraising $225$1,281
IX-13 Office expensesPrograms $317 · Management $2,302$2,619
IX-16 OccupancyPrograms $15,454 · Management $4,776$20,230
IX-17 TravelManagement $1,247$1,247
IX-22 Depreciation, depletion and amortizationPrograms $40,880 · Management $4,542$45,422
IX-23 InsurancePrograms $23,070 · Management $2,453$25,523
IX-24 Other expenses (24a–d)Programs $6,472 · Management $7,764$14,236
IX-24e All other expensesPrograms $403 · Management $89$492
IX-25 Total functional expensesPrograms $171,703 · Management $43,497 · Fundraising $3,235$218,435
Part X · Balance sheet $1,312,884 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $132,056$79,836
X-10c Land, buildings and equipment, netStart of year $1,012,375$1,030,694
X-15 Other assetsStart of year $217,620$202,354
X-16 Total assetsStart of year $1,362,051$1,312,884
X-17 Accounts payable and accrued expensesStart of year $2,196$4,222
X-26 Total liabilitiesStart of year $2,196$4,222
X-27 Net assets without donor restrictionsStart of year $1,357,055$1,305,862
X-28 Net assets with donor restrictionsStart of year $2,800$2,800
X-32 Total net assets or fund balancesStart of year $1,359,855$1,308,662
X-33 Total liabilities and net assetsStart of year $1,362,051$1,312,884
Part XI · Reconciliation of net assets $1,308,662 net assets at year end
XI-1 Total revenue$132,792
XI-2 Total expenses$218,435
XI-3 Revenue less expenses−$85,643
XI-4 Net assets at start of year$1,359,855
XI-5 Net unrealized gains (losses) on investments$34,450
XI-10 Net assets at end of year$1,308,662

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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