Cafe Esperanza is located in Reading, PA. The organization was established in 2019. According to its NTEE Classification (K34) the organization is classified as: Congregate Meals, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cafe Esperanza 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 12/2023, Cafe Esperanza generated $135.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $146.8k during the year ending 12/2023. While expenses have increased by 25.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE MEALS UTILIZING A PAY-WHAT-YOU-CAN MODEL TO A LOW-INCOME COMMUNITY. WE SOURCE ORGANIC HEALTHY FOODS FROM LOCAL SOURCES AND SERVE OUR GUESTS IN A SAFE WELCOMING SPACE. IN 2023 WE SERVED APPROXIMATELY 7,000 MEALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Wolfe President | 25 | $0 | |
Rebecca Knox Secretary | 5 | $0 | |
Drew J Neidig Treasurer | 5 | $0 | |
William Knox Director | 2 | $0 | |
Steve Ohnsman Director | 2 | $0 | |
Keith Rohrbach Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $135,087 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $52 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $135,139 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $74,505 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $19,797 |
Printing, publications, postage, and shipping | $333 |
Other expenses | $52,122 |
Total expenses | $146,757 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,460 |
Other assets | $0 |
Total assets | $22,950 |
Total liabilities | $9,401 |
Net assets or fund balances | $13,549 |