Casa Esperanza Endowment Foundation Inc
- Assets
- $2.2m
- Revenue
- $760.7k
- Investments
- $42.2k
- Employees
- 12
- Location
- Albuquerque, NM
- Founding
- 08/2001
- Data as of
- 06/2021
- EIN
- 85-0479804
Organization Overview
Casa Esperanza Endowment Foundation Inc is located in Albuquerque, NM. The organization was established in 2001. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Casa Esperanza Endowment Foundation Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casa Esperanza Endowment Foundation Inc 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 06/2021, Casa Esperanza Endowment Foundation Inc generated $760.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $737.1k during the year ending 06/2021. While expenses have increased by 0.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE FOR THE SOLE BENEFIT OF CASA ESPERANZA, INC. BY ASSISTING IT IN CARRYING OUT ITS CHARITABLE PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERATED 70,067 FOR THE SUPPORT AND BENEFIT OF CASA ESPERANZA, INC. TO ASSIST IT IN CARRYING OUT ITS EXEMPT PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chrisann Gray Executive Di | Officer | 20 | $44,205 |
Elizabeth Ashton Secretary | OfficerTrustee | 2 | $0 |
Michael Moore Treasurer | OfficerTrustee | 2 | $0 |
Gabriel Castro Vice Chair | OfficerTrustee | 2 | $0 |
Julia Miera Board Chair | OfficerTrustee | 2 | $0 |
Yasmin Abdeljalil Director To | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $536,198 |
| Investment income | $52,099 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $130,941 |
| Net Income from Fundraising Events | $41,432 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $760,670 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $49,060 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $189,197 |
| Pension plan accruals and contributions | $6,299 |
| Other employee benefits | $15,811 |
| Payroll taxes | $20,969 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,709 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,212 |
| Fees for services: Other | $100 |
| Advertising and promotion | $0 |
| Office expenses | $7,500 |
| Information technology | $1,391 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $465 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $276 |
| Insurance | $7,590 |
| All other expenses | $0 |
| Total functional expenses | $737,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,651 |
| Savings and temporary cash investments | $194,919 |
| Pledges and grants receivable | $13,608 |
| 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 | $29,225 |
| Prepaid expenses and deferred charges | $6,290 |
| Investments—publicly traded securities | $1,507,817 |
| Investments—other securities | $42,212 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $119,527 |
| Total assets | $2,202,353 |
| Accounts payable and accrued expenses | $26,695 |
| Grants payable | $0 |
| 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 | $70,235 |
| Total liabilities | $96,930 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,105,423 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Casa Esperanza Endowment Foundation Inc has recieved totaling $32,500.
| Awarding Organization | Amount |
|---|---|
Dialysis Clinic Inc Nashville, TN PURPOSE: DONATION FOR GENERAL SUPPORT | $32,500 |
Endowment Analysis
| Beg. Balance | $1,390,682 |
| Earnings | $377,033 |
| Other Expense | $82,486 |
| Ending Balance | $1,685,229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc Oklahoma City, OK | $324,040,869 | $11,766,230 |
John L Santikos Charitable Foundation San Antonio, TX | $496,690,264 | -$37,218,989 |
Burton Family Foundation Phoenix, AZ | $142,839,047 | $129,470,588 |
Bokf Foundation Tulsa, OK | $18,840,585 | $10,529,453 |
Sparkjoy Foundation Salt Lake City, UT | $86,245,916 | $12,155,838 |
Barbara Bush Houston Literacy Foundation Houston, TX | $10,679,389 | $4,314,808 |
Mdc Richmond American Homes Foundation Denver, CO | $62,577,099 | $11,290,556 |
Goodwill Of Colorado Colorado Springs, CO | $19,789,763 | $4,278,008 |
San Jacinto Community College Foundation Pasadena Texas Pasadena, TX | $44,430,086 | $3,138,772 |
Cardwell Foundation El Paso, TX | $19,559,398 | $1,253,367 |
Highland Dallas Foundation Inc Dallas, TX | $58,559,322 | $4,564,179 |
Tarrant County College Foundation Fort Worth, TX | $35,706,902 | $3,034,806 |