Casa Esperanza Inc
Casa Esperanza: Strong Program Spending, but Declining Liquidity
EIN: 222525437 · Malden, MA · NTEE: F22Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $17.3M |
| Total Expenses | $13.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $197,378 |
| Net Assets | $5.9M |
| Transparency Score | 85/100 |
Is Casa Esperanza Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Casa Esperanza Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Casa Esperanza Inc
Casa Esperanza Inc (EIN: 222525437) is a nonprofit organization based in Malden, MA, classified under NTEE code F22Z. The organization reported total revenue of $17.3M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casa Esperanza Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Casa Esperanza Inc is a large nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.1M |
| Total Expenses | $13.8M |
| Surplus / Deficit | +$257K |
| Total Assets | $7.9M |
| Total Liabilities | $2.0M |
| Net Assets | $5.9M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 25.0% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2023, Casa Esperanza Inc reported a surplus of $257K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 25.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Casa Esperanza Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | +25.3% | +2.7% |
| 2022 | +41.4% | +9.7% | +27.3% |
| 2021 | -4.3% | +5.1% | +1.1% |
| 2020 | +26.3% | +18.7% | +5.9% |
| 2019 | +29.0% | +24.6% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Casa Esperanza Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Casa Esperanza Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $257K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.0%.
Executive Compensation Analysis
Executive compensation appears reasonable, with the highest paid individual receiving $197,378 in 2023, which is 1.4% of total expenses, indicating responsible use of funds.
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.
Red Flags
The following concerns were identified during AI analysis of Casa Esperanza Inc's IRS 990 filings:
- Liquidity has steadily declined from $2,745,471 in 2021 to $1,973,780 in 2023, representing a 28% decrease.
- Total expenses have exceeded revenue in multiple years (e.g., 2021, 2019, 2018, 2017), potentially indicating reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for Casa Esperanza Inc:
- Consistently high program spending, averaging over 80% of total expenses.
- Significant revenue growth from $4,620,575 in 2017 to $17,277,081 in 2023, demonstrating strong fundraising capabilities.
- Healthy asset base, with total assets at $8,566,540 in 2023.
Frequently Asked Questions about Casa Esperanza Inc
Is Casa Esperanza Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Casa Esperanza Inc (EIN: 222525437) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Casa Esperanza Inc spend its money?
Casa Esperanza Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Casa Esperanza Inc tax-deductible?
Casa Esperanza Inc is registered as a tax-exempt nonprofit (EIN: 222525437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Casa Esperanza Inc CEO make?
Casa Esperanza Inc's highest-compensated officer earns $197,378 annually. The organization reported $17.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Casa Esperanza Inc's spending goes to programs?
Casa Esperanza Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Casa Esperanza Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Casa Esperanza Inc is above average for NTEE category F22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Casa Esperanza Inc located?
Casa Esperanza Inc is headquartered in Malden, Massachusetts and files with the IRS under EIN 222525437. It is classified under NTEE code F22Z.
How many years of IRS 990 filings does Casa Esperanza Inc have?
Casa Esperanza Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $17.3M in total revenue.
What does Casa Esperanza Inc do?
Casa Esperanza Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Malden, Massachusetts. It is classified under NTEE code F22Z.
How much revenue does Casa Esperanza Inc have?
Casa Esperanza Inc reported total revenue of $17,277,081. Based on 13 IRS 990 filings on record.
What are Casa Esperanza Inc's total assets?
Casa Esperanza Inc holds total assets of $8,566,540 as reported in IRS 990 filings.
Where is Casa Esperanza Inc located?
Casa Esperanza Inc is based in Malden, Massachusetts.
What is Casa Esperanza Inc's EIN?
Casa Esperanza Inc's Employer Identification Number (EIN) is 222525437. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Casa Esperanza Inc?
Casa Esperanza Inc is classified under NTEE code F22Z (Mental Health & Crisis Intervention).
Is Casa Esperanza Inc a registered 501(c)(3)?
Yes, Casa Esperanza Inc is recognized as a tax-exempt organization by the IRS. EIN: 222525437.
Does Casa Esperanza Inc file IRS Form 990?
Yes, Casa Esperanza Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Casa Esperanza Inc's revenue in 2023?
In the 202306 filing period, Casa Esperanza Inc reported total revenue of $14,063,711, total expenses of $13,806,332, and net assets of $7,898,332.
Is Casa Esperanza Inc's revenue growing or declining?
Casa Esperanza Inc's revenue is relatively stable. Revenue went from $13,392,453 (202206) to $14,063,711 (202306), a +5.0% change. Based on 13 filings on record.
What is Casa Esperanza Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Casa Esperanza Inc covers tax period 202306. It shows revenue of $14,063,711, expenses of $13,806,332, total assets of $7,898,332, and liabilities of $1,973,780.
How much does Casa Esperanza Inc spend on programs vs administration?
Based on IRS 990 analysis, Casa Esperanza Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Casa Esperanza Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Casa Esperanza Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Casa Esperanza Inc?
The following concerns were identified: Liquidity has steadily declined from $2,745,471 in 2021 to $1,973,780 in 2023, representing a 28% decrease.. Total expenses have exceeded revenue in multiple years (e.g., 2021, 2019, 2018, 2017), potentially indicating reliance on reserves or other funding sources.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Casa Esperanza Inc's strengths?
Positive indicators for Casa Esperanza Inc include: Consistently high program spending, averaging over 80% of total expenses.. Significant revenue growth from $4,620,575 in 2017 to $17,277,081 in 2023, demonstrating strong fundraising capabilities.. Healthy asset base, with total assets at $8,566,540 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Casa Esperanza Inc compensate executives?
Executive compensation appears reasonable, with the highest paid individual receiving $197,378 in 2023, which is 1.4% of total expenses, indicating responsible use of funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the consistent increase in total expenses, and how is the organization managing this growth in relation to its revenue streams?
Total expenses have grown from $4,980,729 in 2017 to $13,806,332 in 2023. While revenue has also increased significantly, there have been years where expenses outpaced revenue, suggesting a need to monitor financial sustainability and ensure revenue growth keeps pace with program expansion.
Given the declining liquidity, what strategies are in place to rebuild cash reserves and ensure the organization's long-term financial stability?
The decline in liquidity from $2,745,471 in 2021 to $1,973,780 in 2023 warrants attention. The organization should outline specific plans to increase unrestricted net assets or cash reserves to maintain operational flexibility and mitigate financial risks.
Filing History
IRS 990 filing history for Casa Esperanza Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Casa Esperanza Inc's revenue has grown by 320.7%, moving from $3.3M to $14.1M. Total assets increased by 73.4% over the same period, from $4.6M to $7.9M. Total functional expenses rose by 422.3%, from $2.6M to $13.8M. In its most recent filing year (2023), Casa Esperanza Inc reported a surplus of $257K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $7.9M in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.1M | $13.8M | $7.9M | $2.0M | — | View 990 |
| 2022 | $13.4M | $11.0M | $7.7M | $2.0M | — | View 990 |
| 2021 | $9.5M | $10.1M | $6.0M | $2.7M | — | View 990 |
| 2020 | $9.9M | $9.6M | $6.0M | $2.1M | — | — |
| 2019 | $7.8M | $8.1M | $5.6M | $2.1M | — | View 990 |
| 2018 | $6.1M | $6.5M | $5.7M | $2.0M | — | View 990 |
| 2017 | $4.6M | $5.0M | $4.9M | $787K | — | View 990 |
| 2016 | $4.5M | $4.4M | $5.4M | $909K | — | View 990 |
| 2015 | $3.8M | $3.7M | $5.2M | $3.8M | — | View 990 |
| 2014 | $3.3M | $3.4M | $5.0M | $3.7M | — | View 990 |
| 2013 | $3.1M | $3.2M | $5.0M | $3.6M | — | View 990 |
| 2012 | $3.0M | $3.2M | $5.3M | $3.7M | — | View 990 |
| 2011 | $3.3M | $2.6M | $4.6M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.1M, expenses of $13.8M, and assets of $7.9M (revenue +5.0% year-over-year).
- 2022: Revenue of $13.4M, expenses of $11.0M, and assets of $7.7M (revenue +41.4% year-over-year).
- 2021: Revenue of $9.5M, expenses of $10.1M, and assets of $6.0M (revenue -4.3% year-over-year).
- 2020: Revenue of $9.9M, expenses of $9.6M, and assets of $6.0M (revenue +26.3% year-over-year).
- 2019: Revenue of $7.8M, expenses of $8.1M, and assets of $5.6M (revenue +29.0% year-over-year).
- 2018: Revenue of $6.1M, expenses of $6.5M, and assets of $5.7M (revenue +31.5% year-over-year).
- 2017: Revenue of $4.6M, expenses of $5.0M, and assets of $4.9M (revenue +1.8% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.4M, and assets of $5.4M (revenue +18.6% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.7M, and assets of $5.2M (revenue +17.2% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.4M, and assets of $5.0M (revenue +4.1% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.2M, and assets of $5.0M (revenue +5.4% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.2M, and assets of $5.3M (revenue -10.9% year-over-year).
- 2011: Revenue of $3.3M, expenses of $2.6M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Casa Esperanza Inc:
Data Sources and Methodology
This transparency report for Casa Esperanza Inc 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.