Esperanza Charities INC FY2024 filing

Tax-deductible

Alhambra, CA501(c)(3)Since 1996HousingEIN 95-4580280Revenue $4.6M in FY2024

On file with the IRSesperanzaservices.com2510 W Main St, 91801-1659 · Alhambra, CATax-exempt since Sep 1996Publicly supported charity — 170(b)(1)(A)(vi)

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To empower individuals and families through community-based living services, skills training, and affordable housing opportunities that promote independence, self-determination, stability, dignity, and full participation in community life.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$296K 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $130K a year · 3% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$296K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.7M
45% of total assets
Looks good: liabilities are 45% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.6M
+29% vs prior year
Spent
$4.2M
To programs
87%
Net assets
$4.5M
By yearFY2020–FY2025
Revenue
$4.6M
FY2024▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.6M
FY2021$3.6M
FY2022$3.1M
FY2023$3.6M
FY2024$4.6M
FY2025$4.8M
Expenses
$4.2M
FY2024▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.4M
FY2021$3.4M
FY2022$3.1M
FY2023$3.5M
FY2024$4.2M
FY2025$4.7M
Net assets
$4.5M
FY2024▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.0M
FY2021$4.1M
FY2022$4.1M
FY2023$4.2M
FY2024$4.5M
FY2025$4.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1996.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $3.7M Management & general 13% · $552K

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

5 people listed on the 990; $296K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO/ President
$225,085Pt VII · Sec A
Chairman
$70,626Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Merryl Putri’s $251K as CEO/ President is at the 94th percentile of top reported officer pay among 2036 $1–10M 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Merryl Putri$251,429$225,085$80,232———
Evie Romero—$70,626$214,203$214,203$223,128$211,703
Jose Ortega$162,838—————
Gregory Waskul—————$24,000

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

Offers affordable housing and assisted living for autistic adults, seniors, and low-income families.

Provided by the organization

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1 program · $3.7M · in their own filed words · FY2024
01

Esperanza Charities, Inc. provides assistive living services and affordable housing for autistic adults, senior citizens, disabled individuals, and low-to-medium income individuals and families.

$3.7Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$10K
Grants paid · 2 grants · $370K · 2020–2021
Flf FoundationFY2021$20,000
Children's Housing CorporationCA · FY2020$350,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.6M
Ln 12
Fees for servicesLn 2g$3.5M
Gifts and grantsLn 1h$708K
Other incomeLn 4–11$385K
Money outPt IX
$4.2M
Ln 25
Programscol B$3.7M
Managementcol C$552K
Owns and owesPt X
$4.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$8.2M
LiabilitiesLn 26$3.7M
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$708K
Fees for servicesLn 2g$3.5M
Investment incomeLn 3$60K
Other incomeLn 4–11$385K
Total revenueLn 12$4.6M
Assets in detailPt X, end of year
CashLn 1$649K
SavingsLn 2$1.8M
Cash and savings togetherLn 1–2$2.5M
Land, buildings, equipmentLn 10c$5.1M
Other assetsLn 15$195K
Total assetsLn 16$8.2M
LiabilitiesLn 26$3.7M
Net assetsLn 32$4.5M
OperationsPt I, VI
EmployeesI 5140
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 FY24End FY24
Cash and savingsLn 1–2$1.9M$2.5M
Land, buildings, equipmentLn 10c$5.2M$5.1M
Total assetsLn 16$7.6M$8.2M
LiabilitiesLn 26$3.5M$3.7M
Net assetsLn 32$4.2M$4.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$302K$266K$36K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$2.8M$2.5M$337K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$8K$2K$6K
Accounting feesLn 11c$120K$85K$35K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$62K$59K$3K
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$39K$33K$6K
Information technologyLn 14$51K$43K$8K
RoyaltiesLn 15$0
OccupancyLn 16$55K$46K$10K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$121K$110K$11K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$112K$91K$20K
InsuranceLn 23$178K$135K$43K
Other expenses (24a–d)Ln 24$319K$295K$24K
All other expensesLn 24e$69K$55K$14K
Total functional expensesLn 25$4.2M$3.7M$552K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.8M$4.7M$75K$4.6M 990 PDF
FY2024 Viewing $4.6M$4.2M$365K$4.5M 990 PDF
FY2023 $3.6M$3.5M$83K$4.2M 990 PDF
FY2022 $3.1M$3.1M−$50K$4.1M 990 PDF
FY2021 $3.6M$3.4M$144K$4.1M 990 PDF
FY2020 $4.6M$4.4M$163K$4.0M 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 $4,612,759 revenue, 12 lines filed
I-8 Contributions and grants$708,057
I-9 Program service revenuePrior year $3,171,007$3,459,362
I-10 Investment incomePrior year $54,756$60,243
I-11 Other revenuePrior year $361,283$385,097
I-12 Total revenuePrior year $3,587,046$4,612,759
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,697,722$3,106,539
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $806,174$1,141,439
I-18 Total expensesPrior year $3,503,896$4,247,978
I-19 Revenue less expensesPrior year $83,150$364,781
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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 $4,612,759 across 7 lines filed
VIII-1f All other contributions, gifts and grants$708,057
VIII-1h Total contributions, gifts and grants$708,057
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,459,362$3,459,362
VIII-3 Investment incomeExcluded from tax $60,243$60,243
VIII-6 Net rental income or loss$383,697
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,400$1,400
VIII-12 Total revenueRelated to mission $3,460,762 · Excluded from tax $60,243$4,612,759
Part IX · Statement of functional expenses $4,247,978 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $265,965 · Management $36,268$302,233
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $2,467,790 · Management $336,516$2,804,306
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesPrograms $2,470 · Management $5,687$8,157
IX-11c Accounting feesPrograms $85,143 · Management $35,064$120,207
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $58,602 · Management $2,924$61,526
IX-12 Advertising and promotionPrograms $7,823$7,823
IX-13 Office expensesPrograms $33,419 · Management $5,898$39,317
IX-14 Information technologyPrograms $42,991 · Management $7,587$50,578
IX-15 Royalties$0
IX-16 OccupancyPrograms $45,579 · Management $9,771$55,350
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $110,286 · Management $10,907$121,193
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $91,454 · Management $20,075$111,529
IX-23 InsurancePrograms $135,170 · Management $42,685$177,855
IX-24 Other expenses (24a–d)Programs $295,131 · Management $24,035$319,166
IX-24e All other expensesPrograms $54,542 · Management $14,196$68,738
IX-25 Total functional expensesPrograms $3,696,365 · Management $551,613 · Fundraising $0$4,247,978
Part X · Balance sheet $8,179,526 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $766,345$648,530
X-2 Savings and temporary cash investmentsStart of year $1,129,541$1,836,393
X-4 Accounts receivableStart of year $307,243$342,810
X-9 Prepaid expenses and deferred chargesStart of year $43,465$29,554
X-10c Land, buildings and equipment, netStart of year $5,172,043$5,127,372
X-15 Other assetsStart of year $200,573$194,867
X-16 Total assetsStart of year $7,619,210$8,179,526
X-17 Accounts payable and accrued expensesStart of year $386,175$487,551
X-25 Other liabilitiesStart of year $76,745$246,314
X-26 Total liabilitiesStart of year $3,466,510$3,662,045
X-27 Net assets without donor restrictionsStart of year $4,152,700$4,517,481
X-32 Total net assets or fund balancesStart of year $4,152,700$4,517,481
X-33 Total liabilities and net assetsStart of year $7,619,210$8,179,526
Part XI · Reconciliation of net assets $4,517,481 net assets at year end
XI-1 Total revenue$4,612,759
XI-2 Total expenses$4,247,978
XI-3 Revenue less expenses$364,781
XI-4 Net assets at start of year$4,152,700
XI-10 Net assets at end of year$4,517,481

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

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