Occasional annual deficits where expenses exceed revenue (e.g., 2023: $174,257 expenses vs. $169,048 revenue).
Strengths
Consistent 0% officer compensation across all filings, indicating efficient use of funds.
Significant asset growth over the past decade, from $24,199 in 2014 to $481,958 in 2023.
Stable revenue generation over many years, demonstrating consistent donor support or program income.
Long filing history (11 filings) indicating sustained operation and compliance.
Spending Breakdown
How Project Esperanza Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Project Esperanza Inc
Is Project Esperanza Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Project Esperanza Inc (EIN: 113776448) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Project Esperanza Inc a good charity to donate to?
Project Esperanza Inc has a Mission Score of 90/100. Revenue: $200K. Assets: $496K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Project Esperanza Inc?
The Employer Identification Number (EIN) for Project Esperanza Inc is 113776448. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Project Esperanza Inc spend its money?
Project Esperanza Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Project Esperanza Inc's tax-exempt status?
You can verify Project Esperanza Inc's tax-exempt status using EIN 113776448 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Project Esperanza Inc demonstrates a generally stable financial position, with assets growing significantly over the past decade, from $24,199 in 2014 to $481,958 in 2023. Revenue has fluctuated but remained within a consistent range, averaging around $150,000-$170,000 in recent years, with a peak of $238,510 in 2017. The organization has consistently reported 0% officer compensation across all filings, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and resource allocation directly to programs. While expenses have sometimes exceeded revenue, such as in 2023 ($174,257 expenses vs. $169,048 revenue), the overall asset growth suggests effective financial management over the long term. The organization's liabilities have also increased, reaching $206,909 in 2023, which warrants monitoring but is not immediately alarming given the asset base.