Casa De Esperanza

Casa De Esperanza consistently generates surpluses with no reported officer compensation.

EIN: 203062567 · Bound Brook, NJ · NTEE: I80 · Updated: 2026-03-28

$779KRevenue

$586KAssets

92/100Mission Score (Excellent)

I80

About Casa De Esperanza

Casa De Esperanza (EIN: 203062567) is a nonprofit organization based in Bound Brook, NJ, classified under NTEE code I80. The organization reported total revenue of $779K and total assets of $586K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casa De Esperanza's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Casa De Esperanza demonstrates consistent financial health with revenues exceeding expenses in both reported periods. In 2023, the organization reported $647,422 in revenue against $617,477 in expenses, resulting in a surplus. Similarly, in 2022, revenue was $780,203 with expenses of $696,335. This consistent surplus indicates sound financial management and the ability to build assets, which grew from $512,788 in 2022 to $534,994 in 2023. The organization also reports 0% officer compensation in both periods, which is a strong indicator of efficient spending and a commitment to directing funds towards its mission. The NTEE code I80 suggests a focus on human services, and the financial data supports a lean operational model.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Casa De Esperanza with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Casa De Esperanza allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation for both 2022 and 2023, indicating that no salaries were paid to officers. This suggests a highly volunteer-driven leadership or that compensation, if any, is categorized differently, which is a positive for directing funds to programs.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Casa De Esperanza:

Consistent financial surpluses in both reported periods ($62,745 in 2023 and $83,868 in 2022).
0% officer compensation reported for both 2022 and 2023, indicating high efficiency.
Growing assets from $512,788 in 2022 to $534,994 in 2023.
Strong program focus implied by low administrative and fundraising costs.

Frequently Asked Questions about Casa De Esperanza

Is Casa De Esperanza a good charity?

Based on the available IRS 990 data, Casa De Esperanza appears to be a good charity. They consistently operate with a surplus, have growing assets, and report 0% officer compensation, indicating a strong commitment to program spending and efficiency.

How has Casa De Esperanza's financial health changed over the past two years?

Casa De Esperanza has maintained a healthy financial position over the past two years. While revenue slightly decreased from $780,203 in 2022 to $647,422 in 2023, expenses also decreased, allowing the organization to continue generating a surplus and increase its assets from $512,788 to $534,994.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation for both 2022 and 2023, suggesting a highly efficient model where leadership may be volunteer-based or compensated through other means not categorized as officer compensation, maximizing funds for direct services.

Filing History

IRS 990 filing history for Casa De Esperanza showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2022–2023), Casa De Esperanza's revenue has declined by 17%, moving from $780K to $647K. Total assets increased by 4.3% over the same period, from $513K to $535K. Total functional expenses fell by 11.3%, from $696K to $617K. In its most recent filing year (2023), Casa De Esperanza reported a surplus of $30K, with revenue exceeding expenses. The organization holds $325K in liabilities against $535K in assets (debt-to-asset ratio: 60.7%), resulting in net assets of $210K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$647K	$617K	$535K	$325K	—	—
2022	$780K	$696K	$513K	$333K	—	View 990

Data Sources and Methodology

This transparency report for Casa De Esperanza is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.