Foundation Escalera Inc
- Assets
- $2.6m
- Revenue
- $715.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 09/2004
- Data as of
- 06/2023
- EIN
- 20-1377072
Organization Overview
Foundation Escalera Inc, operating under the name Escalera, is located in Salt Lake City, UT. The organization was established in 2004. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Escalera is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Escalera generated $715.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $827.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE EXIST TO UNLOCK ACCESS TO ECONOMIC OPPORTUNITY FOR MARGINALIZED YOUTH IN CHIAPAS AND OAXACA THROUGH EVIDENCE-BASED EDUCATIONAL POLICIES AND PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
REACH SENDS NINTH-GRADE STUDENTS TO HIGH SCHOOL WHO OTHERWISE WOULD NOT GO. IN RURAL CHIAPAS LESS THAN HALF OF MIDDLE SCHOOL GRADUATES CONTINUE THEIR EDUCATION. REACH AIMS TO END THIS PROBLEM BY GIVING SMALL WELL-TIMED SCHOLARSHIPS THAT HELP STUDENTS COVER THEIR HIGH SCHOOL ENTRANCE EXAM FEES AND COSTS OF SUPPLIES AND UNIFORMS IN SMALL INSTALLMENTS EVERY SEMESTER THEY REMAIN IN SCHOOL.TOTAL EXPENSES ARE $791,710 ACTUAL EXPENDITURES + $5,942 IN-KIND DONATED PROFESSIONAL SERVICES = $797,652
REACH SENDS NINTH-GRADE STUDENTS TO HIGH SCHOOL WHO OTHERWISE WOULD NOT GO. IN RURAL CHIAPAS, LESS THAN HALF OF MIDDLE SCHOOL GRADUATES CONTINUE THEIR EDUCATION. REACH AIMS TO END THIS PROBLEM BY GIVING SMALL, WELL-TIMED SCHOLARSHIPS THAT HELP STUDENTS COVER THEIR HIGH SCHOOL ENTRANCE EXAM FEES AND COSTS OF SUPPLIES AND UNIFORMS IN SMALL INSTALLMENTS EVERY SEMESTER THEY REMAIN IN SCHOOL
EMPRENDE. ESCALERA SEEKS TO IMPROVE LIVES THROUGH EDUCATION IN INNOVATIVE COST-EFFECTIVE WAYS. EMPLOYMENT OPPORTUNITIES IN CHIAPAS ARE SCARCE AND EVEN A GOOD EDUCATION DOES NOT GUARANTEE A JOB. INSTEAD MANY STUDENTS WILL NEED TO CREATE THEIR OWN ENTERPRISES TO GENERATE INCOME. WE ARE USING A BEST-PRACTICE CURRICULUM FOR TEACHING THESE SKILLS TO HIGH SCHOOL STUDENTS. TOTAL EXPENSES ARE $147,035 ACTUAL EXPENDITURES + $1,103 IN-KIND DONATED PROFESSIONAL SERVICES = $148,138
EMPRENDE. ESCALERA SEEKS TO IMPROVE LIVES THROUGH EDUCATION IN INNOVATIVE, COST-EFFECTIVE WAYS. EMPLOYMENT OPPORTUNITIES IN CHIAPAS ARE SCARCE AND EVEN A GOOD EDUCATION DOES NOT GUARANTEE A JOB. INSTEAD, MANY STUDENTS WILL NEED TO CREATE THEIR OWN ENTERPRISES TO GENERATE INCOME. WE ARE USING A BEST-PRACTICE CURRICULUM FOR TEACHING THESE SKILLS TO HIGH SCHOOL STUDENTS.
IMPULSANDO SUENOS. IN COLLABORATION WITH FORD FOUNDATION AND UNITED WAY IN MEXICO ESCALERA IS PILOTING A SCHOLARSHIP PROGRAM IN CHIAPAS AND OAXACA WHERE 100 STUDENTS RECEIVE THREE YEARS OF MAINTENANCE GRANTS TO HELP THEM STAY IN SCHOOL AND ACHIEVE THEIR DREAMS.TOTAL EXPENSES ARE $74,775 ACTUAL EXPENDITURES + $561 IN-KIND DONATED PROFESSIONAL SERVICES = $75,336
SCHOOL BUILDING AND RSA LEARNING CENTERS. ESCALERA BUILT A SCHOOL IN THE VILLAGE OF YALTEM AND BEGAN A COLLABORATION WITH FAMILY HEALTH INTERNATIONAL TO START A PROGRAM OF LISTENING AND LEARNING GROUPS WITH INDIGENOUS BENEFICIARIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myriam Hernandez Board President | OfficerTrustee | 25 | $32,907 |
Jan Garbett Vice President | OfficerTrustee | 2 | $0 |
Bryson Garbett Board Treasurer Secretary | OfficerTrustee | 2 | $0 |
Myriam Hernandez Board Presid | OfficerTrustee | 25 | $26,120 |
Bryson D Garbett Treasurer/se | OfficerTrustee | 10 | $0 |
Jan Garbett Board Member | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $25,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $688,840 |
| Noncash contributions included in lines 1a–1f | $14,815 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $688,840 |
| Total Program Service Revenue | $32 |
| Investment income | $1,925 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,494 |
| Net Gain/Loss on Asset Sales | $7,063 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $715,322 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $556,548 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $32,907 |
| Compensation of current officers, directors, key employees. | $19,744 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,645 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,393 |
| Payroll taxes | $21,108 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,615 |
| Fees for services: Accounting | $4,527 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,373 |
| Advertising and promotion | $0 |
| Office expenses | $43,639 |
| Information technology | $2,345 |
| Royalties | $0 |
| Occupancy | $4,050 |
| Travel | $12,759 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,711 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,274 |
| Insurance | $614 |
| All other expenses | $0 |
| Total functional expenses | $827,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $298,054 |
| Savings and temporary cash investments | $44,275 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $314,684 |
| Investments—publicly traded securities | $2,028,968 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,641,706 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,838,796 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,838,796 |
| Net assets without donor restrictions | -$197,090 |
| Net assets with donor restrictions | $25,415 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,641,706 |