Overview
What is Esperanza Ministries?
Esperanza Ministries, operating under the name CASA DEL LAGO, is a nonprofit organization situated in Dallas, Texas. Their primary focus is serving the Bachman Lake community, addressing various community needs with a faith-based approach. They spearhead initiatives to improve education, particularly for children and parents, as well as addressing emotional and material needs within the community. Their elementary school literacy program consists of two parts: an After School Reading program providing reading intervention for low-income students and a Summer at the Lake program, which offers K-5th graders enrichment through trained teenage literacy counselors. These initiatives aim to maintain or improve reading proficiency for underserved elementary students during their summer break. The organization employs a team of 23 individuals dedicated to their mission.
Official website here: www.casadelago.org
What are the reviews and ratings of this charity?
Charity Navigator rates Esperanza Ministries with a score of 77%, granting it a Three-Star out of Four Star rating. This score is derived solely from the Accountability & Finance category, indicating a strong emphasis on the financial integrity and transparency of the organization. The 77% score reflects good practices in board independence, fiscal oversight, and the absence of significant financial irregularities.
The organization showcases several strengths, including a fully independent board, effective financial oversight through an audit committee, and a solid conflict of interest policy. The majority of board members are independent, and there are comprehensive policies in place related to whistleblower protections and document retention. These factors contribute positively to the overall accountability of Esperanza Ministries.
However, there are areas for improvement, particularly in the program expense ratio, which stands at 54.95%. This relatively low percentage suggests that a smaller portion of expenses is directed towards programmatic activities compared to administrative costs. Stakeholders may want to consider this when evaluating the organization's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Esperanza Ministries legitimate?
Esperanza Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esperanza Ministries submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $104,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,098
For more financial information, click here
Official website here: www.casadelago.org
What is the mission statement of Esperanza Ministries?
Esperanza Ministries is committed to serving a specific community, Bachman Lake, with high-quality faith-based programs. The organization's focus is on addressing specific community needs, starting with the education of children and parents, promoting emotional well-being, and addressing material needs. They operate an Elementary School Literacy Program, which includes an After School Reading program and a Summer at the Lake enrichment program, aiming to maintain or improve reading proficiency among underserved elementary students during the summer. The literacy counselors for the summer program are trained teenagers who receive leadership and literacy training.
Official website here: www.casadelago.org
Who is the CEO of Esperanza Ministries?
Josh Geiger is the Executive Director of Esperanza Ministries.
Official website here: www.casadelago.org
What is the revenue of Esperanza Ministries?
Esperanza Ministries's revenue in 2023 was $3,016,669.
Official website here: www.casadelago.org
Who are the executives of Esperanza Ministries and what are their salaries?
The average compensation at Esperanza Ministries during 2023 was $23,734. There are 23 employees at Esperanza Ministries.
Here are 7 key members and their salaries:
- Compensation: $61,375
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.casadelago.org
Where can I find the form 990 for Esperanza Ministries?
Esperanza Ministries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.casadelago.org
Learn more at the official website: www.casadelago.org
Mission Statement of Esperanza Ministries
Esperanza Ministries, a faith-based organization, is committed to serving the needs of the Bachman Lake Community. Their mission encompasses three key areas: education, emotional well-being, and addressing material needs. They start by focusing on the education of parents and children, aiming to uplift the community as a whole.
Their elementary school literacy program is a significant part of their mission. It consists of two components: an After School Reading program and Summer at the Lake. The After School Reading program, initiated in the fall of 2018, provides reading intervention for low-income students. This program is designed to help these students maintain or even improve their reading proficiency during the summer months, a critical period often marked by learning loss.
The second part of their elementary school literacy program is Summer at the Lake, a summer reading enrichment program for students in grades K-5. This program harnesses the power of trained teenage literacy counselors to run the camps. By equipping these teenagers with leadership and literacy training, they are able to effectively guide and inspire the younger students, ensuring they return to school in the fall with their reading skills intact.
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Impact
July, 2024
Esperanza Ministries serves the Bachman Lake Community in Dallas, Texas with quality faith-based programs targeting specific community needs. Their impact can be seen through initiatives such as the Elementary School Literacy Program. This program includes the After School Reading program, providing reading intervention for low-income students, and Summer at the Lake, a summer reading enrichment program for K-5th graders led by trained teenagers. The goal of these programs is to help underserved elementary students maintain or improve their reading proficiency, while also providing leadership and literacy training to teen counselors.
This information is meant to be a general summary of Esperanza Ministries. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $11,357
- Program Service Revenue: $17,270
- Gross Receipts: $3,016,669
Assets and Liabilities:
- Total Assets: $3,886,435
- Total Liabilities: $1,570,689
- Net Assets: $2,315,746
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ESL Program Fees
Revenue
$8,360
Early Education Program
Revenue
$2,780
After School Reading
Revenue
$1,915
Summer at the Lake Fees
Revenue
$3,700
Counseling Fees
Revenue
$515
Organization Details
Founding Year
2014
Principal Officer
Josh Geiger
Main Address
PO BOX 540324, DALLAS, TX, 75354
Website
www.casadelago.orgNTEE Category
Code: Z99 - Unknown
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