Nonprofit · EIN 31-1606956
LA ESPERANZA INC
Tax-exempt · GEORGETOWN, DE 19947
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $778,815 | $895,427 | -$116,612 | $855,719 | $51,064 | $804,655 |
| December 31, 2023 | 990 | $850,361 | $761,362 | $88,999 | $941,956 | $20,689 | $921,267 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $709,965
- of which government grants
- $109,527
- Program service revenue
- $63,916
- Investment income
- $2,599
- Other revenue
- $2,335
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $81,888
- Other salaries and wages
- $439,969
- Salaries, compensation and benefits (total)
- $600,203
- Professional fundraising fees
- $0
- Accounting fees
- $21,156
- Occupancy
- $16,662
- Travel
- $2,856
- Depreciation
- $9,019
- Program services (functional)
- $810,376
- Management and general (functional)
- $73,268
- Fundraising (functional)
- $11,783
Balance sheet and other
- Total assets, start of year
- $941,956
- Total assets, end of year
- $855,719
- Total liabilities, end of year
- $51,064
- Net assets, end of year
- $804,655
- Land, buildings and equipment
- $202,508
- Publicly traded securities
- $77,629
- Net assets without donor restrictions
- $586,837
- Net assets with donor restrictions
- $217,818
- Gross receipts
- $778,815
- Employees
- 26
- Volunteers
- 15
- Year formed
- 1996
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER FUQUA | EXECUTIVE DIRECTOR 12/2024 Officer, Former | 40 | $81,888 |
| ALINA FERRER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| GEMEZ TULL | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| COLEEN COLLINS | TREASURER Trustee or director, Officer | 2 | $0 |
| NED GLADFELTER | SECRETARY Trustee or director, Officer | 2 | $0 |
| PATRICIA RIVERA | DIRECTOR Trustee or director | 1 | $0 |
| DR ILEANA SMITH | DIRECTOR Trustee or director | 1 | $0 |
| BRYANT GARCIA | EXECUTIVE DIRECTOR Officer | 40 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLEEN COLLINS | TREASURER Trustee or director, Officer | 2 | $0 |
| GEMEZ M TULL EDD | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| ALINA FERRER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| NED GLADFELTER | SECRETARY Trustee or director, Officer | 2 | $0 |
| PATRICIA RIVERA | DIRECTOR Trustee or director | 1 | $0 |
| DR LLEANA SMITH | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 216 N RACE ST, GEORGETOWN, DE 19947-1409
- Principal officer (990 for 2024)
- ALINA FERRER, 216 NORTH RACE STREET, GEORGETOWN, DE 19947
- Signed the 990
- ALINA FERRER, PRESIDENT
- Phone
- (302) 854-9262
- Website
- WWW.LAESPERANZA.ORG
- Return prepared by
- Alta CPA Group
Mission
LA ESPERANZA ASSISTS DELAWARE LATINOS AND IMMIGRANTS ON THEIR JOURNEY TO ACHIEVE STABILITY, INTEGRATION AND SUCCESS.
Program accomplishments
- TO ENHANCE THE QUALITY OF LIFE OF THE IMMIGRANT COMMUNITY BY PROVIDING SERVICES TO OUR CLIENTS TO HELP THEM PROGRESS TOWARDS EMPLOYMENT, EDUCATION, SELF-SUFFICIENCY AND CITIZENSHIP.Expenses $810,376 · revenue $63,916
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1606956
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J22)
- Assets (IRS master file)
- $855,719
- Income (IRS master file)
- $778,815
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $778,815 | $895,427 | $855,719 | IRS |
| 990 | December 2023 | $850,361 | $761,362 | $941,956 | XML |
| 990 | December 2022 | $853,177 | $754,902 | $867,863 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1606956).
Questions about LA ESPERANZA INC
- What is the EIN of LA ESPERANZA INC?
- The employer identification number (EIN) of LA ESPERANZA INC is 31-1606956.
- Is LA ESPERANZA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to LA ESPERANZA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LA ESPERANZA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LA ESPERANZA INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LA ESPERANZA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LA ESPERANZA INC?
- The 990 for the year ended December 31, 2024 names ALINA FERRER.
- Who are the officers and directors of LA ESPERANZA INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $81,888 (JENNIFER FUQUA, EXECUTIVE DIRECTOR 12/2024).
- How much revenue does LA ESPERANZA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $778,815, expenses of $895,427 and total assets of $855,719 at year end.
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