Esperanza House INC

Tax-deductible

Auburn, AL501(c)(3)Human ServicesEIN 81-3459439

The esperanza house strives to improve the quality of life for hispanic children and families. We desire to intentionally develop and implement programs that meet the needs of low-income, hispanic families and their children in such critical areas as mental health, youth development, childcare, education, and advocacy while leading people into growing a relationship with jesus christ.

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
$63K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
1 of 2
filings with a surplus
Average surplus $37K a year · 10% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$63K
to officers and key staff · 15% of spending
Top officer’s pay higher than 52% of similar orgs
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $89K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% 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
$361K
-11% vs prior year
Spent
$404K
To programs
55%
Net assets
$146K
By yearFY2020–FY2024
Revenue
$361K
FY2024▼ -11%
Revenue by fiscal year
FY2020$114K
FY2021$149K
FY2022$182K
FY2023$407K
FY2024$361K
Expenses
$404K
FY2024▲ +40%
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023$289K
FY2024$404K
Net assets
$146K
FY2024▼ -23%
Net assets by fiscal year
FY2020$96K
FY2021$71K
FY2022$71K
FY2023$188K
FY2024$146K

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 Aug 2016.

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

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $221K Management & general 45% · $183K

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

Who runs it and what they're paid

8 people listed on the 990; $63K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$62,620Pt VII · Sec A
Co-President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Odalys Silvera’s $63K as Executive Director is at the 52nd 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Odalys Silvera$62,620$63,104$57,417$52,667$21,282
Madalynn Gilchrist——$10,500——

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 15aNo

Programs and updates

Improves Hispanic children's and families' lives through programs in mental health, youth, childcare, education, and advocacy.

Provided by the organization

This section is blank until Esperanza House INC claims this page.

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2 program services account for $221K of program spending, described in the organization's own filed words · FY2024.
01

The esperanza house provides after school tutoring for over eighty children twice a week. Collegiate and adult volunteers assist students k-12 with homework, literacy, and math skills. The students also have the opportunity to use laptops for projects, research, or educational enrichment activities.

$221Kprogram expense
02

The esperanza house increases the quality of life for hispanic families by providing programs and assistance to them in the areas of mental health, youth development, childcare, education, and advocacy.

Pt IX · col B

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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 6 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$361K
Ln 12
Gifts and grantsLn 1h$316K
Other incomeLn 4–11$45K
Money outPt IX
$404K
Ln 25
Programscol B$221K
Managementcol C$183K
Owns and owesPt X
$146K
net assets · Ln 32
Cash and savingsLn 1–2$63K
Total assetsLn 16$146K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$316K
Other incomeLn 4–11$45K
Total revenueLn 12$361K
Assets in detailPt X, end of year
CashLn 1$63K
Cash and savings togetherLn 1–2$63K
Land, buildings, equipmentLn 10c$82K
Total assetsLn 16$146K
LiabilitiesLn 26$0
Net assetsLn 32$146K
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
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$106K$63K
Land, buildings, equipmentLn 10c$82K$82K
Total assetsLn 16$188K$146K
LiabilitiesLn 26$0$0
Net assetsLn 32$188K$146K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$117K$24K$93K
Payroll taxesLn 10$8K$8K
Legal feesLn 11b$161$161
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$30K$30K
Information technologyLn 14$7K$7K
TravelLn 17$572$572
Other expenses (24a–d)Ln 24$223K$197K$26K
All other expensesLn 24e$14K$14K
Total functional expensesLn 25$404K$221K$183K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $361K$404K−$43K$146K 990 PDF
FY2023 $407K$289K$118K$188K 990 PDF
FY2022 $182K$71K 990 PDF
FY2021 $149K$71K 990 PDF
FY2020 $114K$96K 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 (4 parts)
Part VIII · Statement of revenue $361,025 across 4 lines filed
VIII-1f All other contributions, gifts and grants$316,195
VIII-1h Total contributions, gifts and grants$316,195
VIII-8 Net income from fundraising eventsExcluded from tax $44,830$44,830
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $44,830$361,025
Part IX · Statement of functional expenses $404,046 across 10 lines filed
IX-7 Other salaries and wagesPrograms $23,849 · Management $92,682$116,531
IX-10 Payroll taxesManagement $8,070$8,070
IX-11b Legal feesManagement $161$161
IX-11c Accounting feesManagement $3,925$3,925
IX-12 Advertising and promotionManagement $1,483$1,483
IX-13 Office expensesManagement $29,895$29,895
IX-14 Information technologyManagement $6,767$6,767
IX-17 TravelManagement $572$572
IX-24 Other expenses (24a–d)Programs $197,371 · Management $25,663$223,034
IX-24e All other expensesManagement $13,608$13,608
IX-25 Total functional expensesPrograms $221,220 · Management $182,826 · Fundraising $0$404,046
Part X · Balance sheet $145,581 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $106,255$63,371
X-10c Land, buildings and equipment, netStart of year $82,210$82,210
X-16 Total assetsStart of year $188,465$145,581
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $188,465$145,581
X-32 Total net assets or fund balancesStart of year $188,465$145,581
X-33 Total liabilities and net assetsStart of year $188,465$145,581
Part XI · Reconciliation of net assets $145,581 net assets at year end
XI-1 Total revenue$361,025
XI-2 Total expenses$404,046
XI-3 Revenue less expenses−$43,021
XI-4 Net assets at start of year$188,465
XI-8 Prior period adjustments$137
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$145,581

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

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