2024-05-09T10:20:32-05:00 2023-06-30 WITHUMSMITHBROWN PC 1835 MARKET STREET SUITE 1710 PHILADELPHIA PA 191032945 990 2022-07-01 232853988 Esperanza Academy Charter School % NEA ESPE 2153240746 4261 North 5th Street Philadelphia PA 19140 ARTEMIO RODRIGUEZ CONTROLLER 2153240746 2024-05-15 true ARTEMIO RODRIGUEZ 999009999 ERIC M STRAUSS P00991844 2155462140 2 2022 2023-04-26 12:10:37Z ARTEMIO RODRIGUEZ 4261 North 5th Street Philadelphia PA 19140 34728329 false X ESPERANZAACADEMYCS.ORG X 2000 PA CREATING QUALITY EDUCATION DELIVERY SYSTEMS AND FACILITIES AS A CONTINUED EFFORT TO RAISE THE ECONOMIC AND SOCIAL LIVES OF THE HISPANIC COMMUNITY THROUGH QUALITY EDUCATION. 12 12 372 12 0 7217531 12439222 23883992 22190008 11689 31216 39828 67883 31153040 34728329 5973 4782 0 0 18024765 21539691 0 0 0 13035112 13159358 31065850 34703831 87190 24498 130978216 77069199 141200277 87266762 -10222061 -10197563 X IN 1987 THE HISPANIC CLERGY OF PHILADELPHIA FOUNDED AND INCORPORATED THE NON-PROFIT ORGANIZATION NUEVA ESPERANZA, INC. (NEI), DBA ESPERANZA, TO PROVIDE SUPPORT TO HISPANIC COMMUNITIES. FOR MORE THAN 30 YEARS NEIS EFFORTS HAVE FOCUSED ON CREATING OPPORTUNITIES FOR HISPANIC CHILDREN AND FAMILIES LIVING IN PHILADELPHIAS HUNTING PARK COMMUNITY. NEIS INTENTIONAL FOCUS ON CREATING QUALITY EDUCATION DELIVERY SYSTEMS AND FACILITIES INCLUDE FOUNDING ESPERANZA ACADEMY CHARTER SCHOOL AS A CONTINUED EFFORT TO RAISE THE ECONOMIC AND SOCIAL LEVELS OF THE HISPANIC COMMUNITY THROUGH QUALITY EDUCATION. ESPERANZA ACADEMY CHARTER SCHOOL IS A CHARTER SCHOOL LOCATED IN PHILADELPHIA, PENNSYLVANIA. THE SCHOOL SERVES GRADES ONE AND SIX THROUGH TWELVE. THE SCHOOL WAS ESTABLISHED AND OPERATES UNDER THE PROVISIONS ENACTED BY THE GENERAL ASSEMBLY OF THE COMMONWEALTH OF PENNSYLVANIA IN 1997. IN SEPTEMBER 2000 NEI RECEIVED A CHARTER FOR THE OPENING OF ESPERANZA ACADEMY CHARTER SCHOOL AND IS CURRENTLY OPERATING UNDE false false 30841497 4782 22257891 In 1987 the Hispanic Clergy of Philadelphia founded and incorporated the non-profit organization Nueva Esperanza, Inc. (NEI), dba Esperanza, to provide support to Hispanic communities. For more than 30 years NEIs efforts have focused on creating opportunities for Hispanic children and families living in Philadelphias Hunting Park community. NEIs intentional focus on creating quality education delivery systems and facilities include founding Esperanza Academy Charter School as a continued effort to raise the economic and social levels of the Hispanic community through quality education. Esperanza Academy Charter School is a charter school located in Philadelphia, Pennsylvania. The School serves grades one and six through twelve. The School was established and operates under the provisions enacted by the General Assembly of the Commonwealth of Pennsylvania in 1997. In September 2000 NEI received a charter for the opening of Esperanza Academy Charter School and is currently operating under a charter school contract ending on June 30, 2019. Esperanza Academy Charter School has financial accountability and control over all activities related to the students education. The School receives funding from local, state, and federal government sources and must comply with the requirements of these funding source entities. 30841497 true true false false false false false false false false true false false true true true true true true false false false false false false false false false false true false false false false false false false false true false false false false true false false false true 76 0 true 372 true false false false false false false false false false false false false false false X 12 12 false true false false false false false true true false false true true true true true true true true false X NEA 2153240746 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 X Rev LUIS CORTeS JR EX-OFFICIO 2.0 0.0 X 0 334132 77969 DAVID ROSSI CHIEF EXECUTIVE OFFICER 40.0 0.0 X 202115 0 0 TANIA D DIAZ MS DIRECTOR OF INSTRUCTIONS 40.0 0.0 X 131102 0 0 JEANA G DAVIS ES DIRECTOR OF INSTRUCTIONS 40.0 0.0 X 128679 0 0 LORI D WALINSKI DIRECTOR OF STUDENT SUCCESS 40.0 0.0 X 124021 0 0 JORGE CALIXTO HS DIRECTOR OF INSTRUCTIONS 40.0 0.0 X 116124 0 0 NATHANIEL F STRINGFIELD SR DIR OF STUDENT DEVELOPMENT 40.0 0.0 X 107084 0 0 ANGEL ORTIZ BOARD CHAIR 2.0 0.0 X X 0 0 0 MIGUEL RAMIREZ BOARD VICE CHAIR 2.0 0.0 X X 0 0 0 CARMEN TORRES SECRETARY 2.0 0.0 X X 0 0 0 CARMEN ROCHA TREASURER 2.0 0.0 X X 0 0 0 ROSA MAGALY MARTINEZ BOARD MEMBER 2.0 0.0 X 0 0 0 NANCY SANTIAGO-NEGRON BOARD MEMBER 2.0 0.0 X 0 0 0 ROGER ZEPERNICK BOARD MEMBER 2.0 0.0 X 0 0 0 ASDREY IRIZARRY BOARD MEMBER 2.0 0.0 X 0 0 0 WANDA CARLO BOARD MEMBER 2.0 0.0 X 0 0 0 TONY PAYTON JR BOARD MEMBER 2.0 0.0 X 0 0 0 NICHOLAS APONTE BOARD MEMBER 2.0 0.0 X 0 0 0 RICARDO CORDERO BOARD MEMBER 2.0 0.0 X 0 0 0 809125 334132 77969 6 false true false American Reading Company 480 Norristown Road BLUE BELL PA 19422 Language Skills 183725 1 588952 11705105 145165 93324 12439222 EDUCATIONAL REVENUE 611600 22005287 22005287 FOOD SERVICES 611710 160858 160858 BOOKSTORE SALES 611710 23863 23863 22190008 31216 31216 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 67883 67883 67883 34728329 22257891 31216 0 4782 4782 0 0 226364 226364 0 15412508 14545449 867059 1132606 1021325 111281 3582150 3356263 225887 1186063 1125166 60897 1833866 1833866 50305 50305 40459 38480 1979 0 0 0 981105 840784 140321 24830 10787 14043 758378 444404 313974 1245916 1245916 0 967199 967199 122343 120568 1775 0 0 2172024 2139090 32934 0 3106839 3106839 208013 208013 STUDENT PROGRAM COSTS 728075 728075 CAFETERIA/FOOD EXPENSES 636714 636714 NURSING RELATED EXPENSES 283292 283292 34703831 30841497 3862334 0 X 591809 915222 3664350 4030459 3525160 4559164 858995 1612067 0 0 0 0 0 0 0 0 19458 109032 71995256 10497513 119780783 61497743 0 0 0 0 0 0 0 0 2537661 4345512 130978216 77069199 970862 2085762 0 0 0 280 0 0 0 0 0 0 121722222 65168806 0 0 18507193 20011914 141200277 87266762 X -10222061 -10197563 0 0 -10222061 -10197563 130978216 77069199 24498 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67201739 6084979 61116760 4793517 4412534 380983 61497743 DUE FROM RELATED PARTIES 772746 DEFERRED OUTFLOWS 3572766 4345512 0 DUE TO RELATED PARTIES 3636232 CAPITAL LEASE PAYABLE 27682 NET PENSION LIABILITY 14760000 OPEB LIABILITY 606000 DEFERRED INFLOWS OF RESOURCES 982000 20011914 X 34728329 34728329 34728329 34703831 34703831 34703831 Schedule D, Part X, Line 2 THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE SCHOOL ADOPTED THE ACCOUNTING PRONOUNCEMENT DEALING WITH UNCERTAIN TAX POSITIONS AS OF JULY 1, 2011. UPON ADOPTION OF THIS ACCOUNTING PRONOUNCEMENT, THE SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS. FURTHERMORE, THE SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2023. IN ADDITION, THE SCHOOL HAS NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THE FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION. THE ORGANIZATION PUBLICIZED ITS POLICY THROUGH NEWSPAPER ADVERTISEMENT. Schedule E, Part I, Line 6A THE SCHOOL RECEIVES ITS FUNDING FROM GOVERNMENTAL AGENCIES. X X X false false false false false false false false false TANIA D DIAZ MS DIRECTOR OF INSTRUCTIONS 131102 0 0 0 0 0 9132 0 15760 0 155994 0 0 0 JEANA G DAVIS ES DIRECTOR OF INSTRUCTIONS 128679 0 0 0 0 0 8489 0 15404 0 152572 0 0 0 DAVID ROSSI CHIEF EXECUTIVE OFFICER 202115 0 0 0 0 0 14149 0 15770 0 232034 0 0 0 Rev LUIS CORTeS JR EX-OFFICIO 0 334132 0 0 0 0 0 54164 0 23805 0 412101 0 0 Schedule J, Part I, Line 3 Compensation of officers is determined by the related party, Nueva Esperanza, Inc. through the use of Form 990s of comparable organizations, compensation committee review of salaries, and approval by the Board. X 1 93324 FMV false true false Form 990, Schedule M, Part I - line 19(b) The number on line 19(b) represents the number of contributors as 1, Pennsylvania Department of Agriculture - Bureau of Food Assistance, which donated 1,066 cases of frozen food and 8,513 pounds of food commodities. FORM 990, Part VI, Section B, Line 11B THE BOARD OF DIRECTORS REVIEWS THE FORM 990. IT IS DISTRIBUTED TO THE BOARD AT LEAST 10 DAYS PRIOR TO FILING. Form 990, Part VI, Section B, Line 12A-C ALL BOARD MEMBERS & OFFICERS ARE REVIEWED AND MONITORED ON AN ANNUAL BASIS - DUE TO THE LIMITED NUMBER OF BOARD AND OFFICERS THESE ACTIVITIES CAN CURRENTLY BE MONITORED AND EVALUATED ON SPECIFIC CASE BY CASE BASIS. Form 990, Part VI, Section B, Lines 15A & 15B THE BOARD OF DIRECTORS IS CHARGED WITH THE RESPONSIBILITY OF APPROVING COMPENSATION OF KEY EMPLOYEES. THE COMMITTEE REVIEWS DATA ON THE COMPENSATION OF OTHER COMPARABLE POSITIONS IN SIMILAR NONPROFIT ORGANIZATIONS. FOR THE CHIEF EXECUTIVE OFFICER (CEO), NUEVA ESPERANZA, INC., A RELATED ORGANIZATION, ASSISTED THE CHARTER SCHOOL BY HIRING AN INDEPENDENT FIRM TO PERFORM A SALARY STUDY THAT INCLUDED THE COMPENSATION RANGES FOR THE CEO. FORM 990, Part VI, Section C, Line 19 ALL REQUIRED PUBLIC NOTICES ARE MADE IN LOCAL NEWSPAPERS AND ALL PUBLIC RECORDS ARE ON SITE AND AVAILABLE FOR REVIEW. Form 990, Part IX, Column D THE ORGANIZATION DID NOT INCUR ANY FUNDRAISING EXPENSES DURING THE YEAR ENDED JUNE 30, 2023. NUEVA ESPERANZA ACADEMY CHARTER SCHOOL IS PART OF AN AFFILIATED GROUP OF ENTITIES (SEE SCHEDULE R PART II). THE PARENT COMPANY, NUEVA ESPERANZA, INC., INCURS ALL OF THE FUNDRAISING EXPENSES FOR ALL OF THE AFFILIATES AND THOSE FUNDRAISING EXPENSES ARE REFLECTED ON ITS FORM 990 PART IX. Form 990, PART VI, SECTION A, Line 3 NUEVA ESPERANZA, INC., RELATED PARTY, PROVIDES MANAGEMENT SERVICES TO THE SCHOOL. NUEVA ESPERANZA INC 4261 N 5TH STREET PHILADELPHIA PA 19140 232552707 COMMUNITY DEV PA 501(c)(3) 7 NA false ESPERANZA IMMIGRATION LEGAL SERVICES 4261 N 5TH STREET PHILADELPHIA PA 19140 300239154 LEGAL SVCS PA 501(c)(3) 7 NEI INC true Nueva Esperanza Housing & Economic Dev 4261 N 5TH STREET PHILADELPHIA PA 19140 232952060 ECONOMIC DEV PA 501(c)(3) 7 NEI INC true 199 HUNTING PARK CORPORATION 4261 N 5TH STREET PHILADELPHIA PA 19140 264300365 REAL ESTATE PA 501(c)(3) 10 NEI INC true 4530 CORPORATION 4261 N 5TH STREET PHILADELPHIA PA 19140 233085653 ECONOMIC DEV PA 501(c)(2) N/A NEI INC true ARTISTAS Y MUSICOS LATINO AMERICANOS 4261 N 5TH STREET PHILADELPHIA PA 19140 311616972 ARTS ED. PA 501(c)(3) 7 NEI INC true ESPERANZA CYBER CHARTER SCHOOL 4261 N 5TH STREET PHILADELPHIA PA 19140 455472199 SCHOOL PA 501(C)(3) 2 NA false EASTERN NORTH PHILADELPHIA DEV 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 232978010 WORKFORCE DEV 501(C)(3) 7 NA false 322 HUNTING PARK CORPORATION 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 822103923 REAL ESTATE PA 501(c)(2) N/A NEI INC true ROBERTO CLEMENTE HOMES LP 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 384002101 HOUSING PA NUEVA ESPERANZA false 3921 CORPORATION 4261 NORTH 5TH STREET PHILADELPHIA PA 19140 810809400 HOUSING PA NUEVA ESPERANZA C CORP false false true true true false false false false false true true true false false true true false false