Project Esperanza Inc
Project Esperanza Inc maintains stable revenue and significant asset growth with no reported executive compensation.
EIN: 113776448 · Winchester, VA · NTEE: B12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $174K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $169,048 |
| Net Assets | $275K |
| Transparency Score | 90/100 |
Is Project Esperanza Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Project Esperanza Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Project Esperanza Inc
Project Esperanza Inc (EIN: 113776448) is a nonprofit organization based in Winchester, VA, classified under NTEE code B12. The organization reported total revenue of $200K and total assets of $496K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Esperanza Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Esperanza Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $174K |
| Surplus / Deficit | $-5,209 |
| Total Assets | $482K |
| Total Liabilities | $207K |
| Net Assets | $275K |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 42.9% |
| Months of Reserves | 33.2 months |
Financial Health Grade: B
In 2023, Project Esperanza Inc reported a deficit of $5K with expenses exceeding revenue, holds 33.2 months of operating reserves (strong position), has a debt-to-asset ratio of 42.9% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Project Esperanza Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.7% | +75.4% | -1.4% |
| 2022 | -26.6% | -0.6% | -2.2% |
| 2021 | +6.0% | -12.6% | +33.7% |
| 2020 | -0.3% | -35.1% | +200.9% |
| 2019 | -3.4% | +8.6% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Project Esperanza Inc with a Mission Score of 90 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, Project 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 deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 11 filings, indicating a volunteer-driven leadership or extremely modest executive salaries, which is highly favorable for a nonprofit of its size ($169,048 revenue in 2023).
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 Project Esperanza Inc's IRS 990 filings:
- Occasional annual deficits where expenses exceed revenue (e.g., 2023: $174,257 expenses vs. $169,048 revenue).
Strengths
The following positive indicators were identified for Project Esperanza Inc:
- 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.
Frequently Asked Questions about Project Esperanza Inc
Is Project Esperanza Inc a legitimate charity?
Project Esperanza Inc (EIN: 113776448) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $200K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Project Esperanza Inc spend its money?
Project Esperanza Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Project Esperanza Inc tax-deductible?
Project Esperanza Inc is registered as a tax-exempt nonprofit (EIN: 113776448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Project Esperanza Inc CEO make?
Project Esperanza Inc's highest-compensated officer earns $169,048 annually. The organization reported $200K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Project Esperanza Inc's spending goes to programs?
Project Esperanza Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Project Esperanza Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Project Esperanza Inc is above average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Project Esperanza Inc located?
Project Esperanza Inc is headquartered in Winchester, Virginia and files with the IRS under EIN 113776448. It is classified under NTEE code B12.
How many years of IRS 990 filings does Project Esperanza Inc have?
Project Esperanza Inc has 11 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 $200K in total revenue.
Is Project Esperanza Inc a good charity?
Based on the available IRS 990 data, Project Esperanza Inc appears to be a well-managed charity. It demonstrates strong financial health with consistent asset growth, no reported executive compensation, and a history of operating within its means, despite occasional deficits in individual years.
How has Project Esperanza Inc's financial health changed over time?
Project Esperanza Inc has shown significant financial growth. Its assets have increased dramatically from $24,199 in 2014 to $481,958 in 2023, indicating strong long-term financial management and accumulation of resources. Revenue has remained relatively stable, averaging around $150,000-$170,000 annually in recent years.
What is the trend in Project Esperanza Inc's revenue and expenses?
Revenue has fluctuated but generally stayed within the $125,000-$170,000 range in the last five years, with a high of $238,510 in 2017. Expenses have largely tracked revenue, occasionally exceeding it (e.g., $174,257 expenses vs. $169,048 revenue in 2023), but the organization's overall asset growth suggests these are manageable fluctuations.
Filing History
IRS 990 filing history for Project Esperanza Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Project Esperanza Inc's revenue has grown by 110.3%, moving from $80K to $169K. Total assets increased by 4709% over the same period, from $10K to $482K. Total functional expenses rose by 143.7%, from $71K to $174K. In its most recent filing year (2023), Project Esperanza Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $207K in liabilities against $482K in assets (debt-to-asset ratio: 42.9%), resulting in net assets of $275K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $169K | $174K | $482K | $207K | — | — |
| 2022 | $125K | $99K | $489K | $147K | — | View 990 |
| 2021 | $171K | $100K | $500K | $230K | — | View 990 |
| 2020 | $161K | $114K | $374K | $270K | — | — |
| 2019 | $162K | $176K | $124K | $67K | — | View 990 |
| 2018 | $167K | $162K | $127K | $53K | — | View 990 |
| 2017 | $239K | $233K | $129K | $60K | — | View 990 |
| 2016 | $132K | $115K | $131K | $68K | — | View 990 |
| 2015 | $110K | $75K | $46K | $0 | — | View 990 |
| 2014 | $79K | $65K | $24K | $0 | — | View 990 |
| 2013 | $80K | $71K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $169K, expenses of $174K, and assets of $482K (revenue +34.7% year-over-year).
- 2022: Revenue of $125K, expenses of $99K, and assets of $489K (revenue -26.6% year-over-year).
- 2021: Revenue of $171K, expenses of $100K, and assets of $500K (revenue +6.0% year-over-year).
- 2020: Revenue of $161K, expenses of $114K, and assets of $374K (revenue -0.3% year-over-year).
- 2019: Revenue of $162K, expenses of $176K, and assets of $124K (revenue -3.4% year-over-year).
- 2018: Revenue of $167K, expenses of $162K, and assets of $127K (revenue -29.8% year-over-year).
- 2017: Revenue of $239K, expenses of $233K, and assets of $129K (revenue +81.1% year-over-year).
- 2016: Revenue of $132K, expenses of $115K, and assets of $131K (revenue +19.5% year-over-year).
- 2015: Revenue of $110K, expenses of $75K, and assets of $46K (revenue +39.4% year-over-year).
- 2014: Revenue of $79K, expenses of $65K, and assets of $24K (revenue -1.7% year-over-year).
- 2013: Revenue of $80K, expenses of $71K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Esperanza Inc:
Data Sources and Methodology
This transparency report for Project 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.