Overview
What is Esperance Center?
The Esperance Center is a nonprofit organization situated in Malibu, California. With a dedicated workforce of 47 individuals, their primary focus is on providing residential care and education for adults who are developmentally disabled. Their mission revolves around enhancing the lives of these individuals, ensuring they receive the necessary care and education needed to thrive. The center's activities are centered around supporting and nurturing these adults, enabling them to lead fulfilling lives.
Official website here: www.esperancecenter.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Esperance Center has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various accountability and financial practices. While the organization has a strong program expense ratio at 85.74%, which shows a commitment to its mission, it has significant gaps in financial transparency such as missing financial statements and a lack of a whistleblower policy.
The organization boasts an independent board with a majority of 80% independent members and proper documentation of board meeting minutes. However, the absence of essential documents like tax forms on their website raises concerns about their transparency and governance.
Nonetheless, the absence of material diversion of assets is a positive sign regarding the organization's integrity, as is their strong liabilities to assets ratio of 5.80%. Addressing the noted limitations could enhance their rating and help reinforce trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Esperance Center legitimate?
Esperance Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esperance Center 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: $198,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,094,220
For more financial information, click here
Official website here: www.esperancecenter.com/
What is the mission statement of Esperance Center?
The Esperance Center is committed to providing care and education for adults with developmental disabilities. Their mission encompasses residential facilities and educational programs designed specifically for this group of individuals. The center aims to support their overall well-being, fostering an environment that allows them to learn, grow, and live as independently as possible. The center's activities are geared towards enhancing the quality of life for these adults, promoting their self-improvement and social integration.
Official website here: www.esperancecenter.com/
Who is the CEO of Esperance Center?
Barbara Hasselquist is the Executive Director of Esperance Center.
Official website here: www.esperancecenter.com/
What is the revenue of Esperance Center?
Esperance Center's revenue in 2023 was $2,149,829.
Official website here: www.esperancecenter.com/
Who are the executives of Esperance Center and what are their salaries?
The average compensation at Esperance Center during 2023 was $27,498. There are 47 employees at Esperance Center.
Here are 8 key members and their salaries:
- Compensation: $95,801
- Related: $0
- Other: $0
- Compensation: $80,085
- Related: $0
- Other: $0
- Compensation: $22,100
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.esperancecenter.com/
Where can I find the form 990 for Esperance Center?
Esperance Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.esperancecenter.com/
Learn more at the official website: www.esperancecenter.com/
Mission Statement of Esperance Center
Esperance Center, a nonprofit organization, is devoted to the care and education of adults with developmental disabilities. Their mission is multifaceted, encompassing both residential care and educational support for these individuals. By providing a nurturing environment, Esperance Center empowers these adults to lead fulfilling lives, fostering their personal growth and independence.
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Impact
July, 2024
Esperance Center has a profound impact on the lives of developmentally disabled adults in Malibu, CA. Through its residential care and education programs, the center provides essential support and resources to this vulnerable population. By focusing on the individual needs of each participant, Esperance Center helps improve their quality of life and promotes their independence and well-being. The center's commitment to human services ensures that these adults receive the care and attention they deserve, enhancing their overall quality of life and bringing a sense of community and belonging to those they serve.
This information is meant to be a general summary of Esperance Center. 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: $43,485
- Program Service Revenue: $2,097,021
- Gross Receipts: $2,217,096
Assets and Liabilities:
- Total Assets: $2,249,275
- Total Liabilities: $130,466
- Net Assets: $2,118,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OUTPATIENT DAY PROGRAM
Revenue
$877,138
RESIDENTIAL CARE
Revenue
$1,219,883
Organization Details
Founding Year
1982
Phone
(310) 457-6052Principal Officer
Barbara Hasselquist
Main Address
PO BOX 4140, MALIBU, CA, 90265
Website
www.esperancecenter.com/NTEE Category
Code: P820 - Human services
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