Overview
What is Esperanza Charities Inc?
Esperanza Charities Inc, located in Alhambra, California, is a compassionate nonprofit organization that provides essential services. Their mission is to enhance the lives of disabled adults, senior citizens, and low-income families by offering assisted living services and affordable housing. They specifically cater to autistic adults, ensuring they have suitable living conditions. With a dedicated workforce of 118 individuals, Esperanza Charities Inc strives to teach these individuals the skills necessary to transition back into society with independence. Their offerings extend beyond housing, aiming to uplift and empower those they serve.
Official website here: www.esperanzaservices.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Esperanza Charities Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial stability. The organization's score derives solely from its robust performance in financial metrics, particularly in maintaining an independent board and strong audit oversight. With a majority of independent board members and no material diversion of assets, the charity demonstrates a commitment to governance and transparency.
The nonprofit excels in managing its resources effectively, with a program expense ratio of 87.61%, which suggests that a significant portion of its funds is allocated directly to its programs. Additionally, the charity's adherence to best practices in areas like conflict of interest and whistleblower policies reflects its dedication to ethical practices and accountability. The organization also maintains a sound financial structure, evidenced by a favorable liabilities-to-assets ratio.
While the ratings highlight many strengths, there are no specific limitations mentioned in the data. Overall, Esperanza Charities Inc stands out for its strong governance framework and effective program funding, positioning it as a trustworthy option for donors looking to support meaningful causes.
This AI summary has been generated from information found on Charity Navigator.
Is Esperanza Charities Inc legitimate?
Esperanza Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esperanza Charities Inc 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: $214,202
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,108,510
For more financial information, click here
Official website here: www.esperanzaservices.com
What is the mission statement of Esperanza Charities Inc?
Esperanza Charities Inc's mission is centered around improving the lives of disabled adults, senior citizens, and low-income families. They accomplish this by providing assisted living services and affordable housing. The organization's goal is to teach these individuals the necessary skills to become independent enough to reintegrate into society. By offering these services, Esperanza Charities Inc aims to help disadvantaged groups lead more fulfilling lives, thereby contributing to a more inclusive community.
Official website here: www.esperanzaservices.com
Who is the CEO of Esperanza Charities Inc?
Evie Romero is the Ceo/President of Esperanza Charities Inc. The CEO's salary of Esperanza Charities Inc is $214,203 and their total compensation is $214,502.
Official website here: www.esperanzaservices.com
What is the revenue of Esperanza Charities Inc?
Esperanza Charities Inc's revenue in 2022 was $3,080,241.
Official website here: www.esperanzaservices.com
Who are the executives of Esperanza Charities Inc and what are their salaries?
The average compensation at Esperanza Charities Inc during 2022 was $19,684. There are 118 employees at Esperanza Charities Inc.
Here are 4 key members and their salaries (Esperanza Charities Inc's CEO's salary is $214,203 and their total compensation is $214,502):
- Compensation: $214,203
- Related: $0
- Other: $299
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.esperanzaservices.com
Where can I find the form 990 for Esperanza Charities Inc?
Esperanza Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.esperanzaservices.com
Learn more at the official website: www.esperanzaservices.com
Mission Statement of Esperanza Charities Inc
Esperanza Charities Inc, a nonprofit organization, is committed to enhancing the lives of disabled adults, senior citizens, and low-income families. Their mission is twofold: firstly, they offer assisted living services and affordable housing to help these individuals live with dignity and independence. Secondly, they aim to teach these individuals the skills necessary to transition back into society, ultimately empowering them to lead fulfilling lives. By providing these essential services, Esperanza Charities Inc plays a vital role in improving the well-being of its beneficiaries, offering them a chance at a better future.
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Impact
July, 2024
Esperanza Charities Inc's impact can be seen in the lives of disabled adult individuals, senior citizens, and low-income families who benefit from their assistive living services and affordable housing initiatives. By providing a supportive environment and teaching independence, the organization empowers its beneficiaries to transition back into society. In doing so, Esperanza Charities Inc is making a tangible difference in the quality of life for those in need in the Alhambra community and beyond.
This information is meant to be a general summary of Esperanza Charities Inc. 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 2022.
- Investment Income: $5,539
- Program Service Revenue: $3,064,544
- Gross Receipts: $3,080,241
Assets and Liabilities:
- Total Assets: $7,547,910
- Total Liabilities: $3,478,360
- Net Assets: $4,069,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$3,064,544
Organization Details
Founding Year
1996
Phone
(626) 457-5242Principal Officer
Evie Romero
Main Address
2510 WEST MAIN STREET, ALHAMBRA, CA, 91801
Website
www.esperanzaservices.comNTEE Category
Code: L22 - Housing
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