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Nonprofit · EIN 34-1403492

ESPERANZA INC

Tax-exempt · CLEVELAND, OH 44109

Financials

$3.6M$3.4M2023$2M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of ESPERANZA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$2,021,567$2,561,503-$539,936$2,221,913$288,526$1,933,387
September 30, 2024990$3,640,279$3,438,434$201,845$2,751,824$369,194$2,382,630
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$1,908,405
of which government grants
$635,763
Program service revenue
$0
Investment income
$15,024
Net income from fundraising events
$93,123
Other revenue
$98,138

Expenses

Grants and similar amounts paid
$105,000
Compensation of officers, directors and key employees
$153,334
Other salaries and wages
$1,306,995
Salaries, compensation and benefits (total)
$1,746,407
Professional fundraising fees
$0
Accounting fees
$21,050
Occupancy
$146,445
Travel
$17,872
Depreciation
$7,455
Program services (functional)
$2,018,385
Management and general (functional)
$376,058
Fundraising (functional)
$167,060

Balance sheet and other

Total assets, start of year
$2,751,824
Total assets, end of year
$2,221,913
Total liabilities, end of year
$288,526
Net assets, end of year
$1,933,387
Net assets without donor restrictions
$859,519
Net assets with donor restrictions
$1,073,868
Gross receipts
$2,139,957
Employees
47
Volunteers
108
Year formed
1983
State of legal domicile
OH

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANN MARGARET SANCHEZPRESIDENT & CEO
Officer
40$153,333
PAMELA HOBEPRESIDENT
Trustee or director, Officer
3$0
LAURA ALMAZAN1ST VICE PRESIDENT
Trustee or director, Officer
3$0
CAMILA NEGRET2ND VICE PRESIDENT
Trustee or director, Officer
3$0
ANDRES ARSUAGATREASURER
Trustee or director, Officer
3$0
JAIME CARABALLOSECRETARY
Trustee or director, Officer
3$0
COREY RODRIGUEZTRUSTEE
Trustee or director
2$0
ADELAIDA VASQUEZ-MIHUTRUSTEE
Trustee or director
2$0
ALEJANDRA ISABEL MORALESTRUSTEE
Trustee or director
2$0
ANDREA LONDONO-SHISHEBORTRUSTEE
Trustee or director
2$0
ANDRES ARSUAGATRUSTEE
Trustee or director
2$0
BARBARA BARRENO-PASCHALLTRUSTEE
Trustee or director
2$0
BILL MCCARRONTRUSTEE
Trustee or director
2$0
EDGAR SAN JOSETRUSTEE
Trustee or director
2$0
JEREMY RIVERATRUSTEE
Trustee or director
2$0
7 more people on this return
NameTitleHours / weekCompensation
JOSE CEDENOTRUSTEE
Trustee or director
2$0
JP SCHIPPERTTRUSTEE
Trustee or director
2$0
LESLIE SUFFREDINITRUSTEE
Trustee or director
2$0
MANUEL CARBALLOTRUSTEE
Trustee or director
2$0
NICHOLAS MAYSTRUSTEE
Trustee or director
2$0
STEPHANIE MILK WADETRUSTEE
Trustee or director
2$0
WILLIAM RODRIGUEZTRUSTEE
Trustee or director
2$0
990 for the year ended September 30, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
VICTOR RUIZEXECUTIVE DIRECTOR
Officer
40$171,671$13,341
PAMELA HOBEPRESIDENT
Trustee or director, Officer
3$0$0
CAMILA NEGRET1ST VICE PRESIDENT
Trustee or director, Officer
3$0$0
LAURA ALMAZAN2ND VICE PRESIDENT
Trustee or director, Officer
3$0$0
ANDRES ARSUAGATREASURER
Trustee or director, Officer
3$0$0
JAIME CARABALLOSECRETARY
Trustee or director, Officer
3$0$0
CARMEN CASTRO RIVERATRUSTEE
Trustee or director
2$0$0
MANUEL CARBALLOTRUSTEE
Trustee or director
2$0$0
JOSE CEDENOTRUSTEE
Trustee or director
2$0$0
BILL MCCARRONTRUSTEE
Trustee or director
2$0$0
STEPHANIE MILK WADETRUSTEE
Trustee or director
2$0$0
NICK MAYSTRUSTEE
Trustee or director
2$0$0
EDGAR SAN JOSETRUSTEE
Trustee or director
2$0$0
LESLIE SUFFREDINITRUSTEE
Trustee or director
2$0$0
ADELAIDA VASQUEZ-MIHUTRUSTEE
Trustee or director
2$0$0
ALEJANDRA ISABEL MORALESTRUSTEE
Trustee or director
2$0$0
CAMILO SERNATRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
3104 WEST 25TH STREET - 4TH FLOOR, CLEVELAND, OH 44109-1689
Principal officer (990 for 2024)
ZULAYKA RUIZ, 3104 WEST 25TH STREET - 4TH FLOOR, CLEVELAND, OH 44109
Signed the 990
ZULAYKA RUIZ, PRESIDENT & CEO
Phone
(216) 651-7178
Return prepared by
MALONEY NOVOTNY LLC

Mission

EMPOWERING NORTHEAST OHIO COMMUNITIES IN NEED TO FLOURISH BY EQUIPPING LEARNERS FOR EDUCATIONAL ATTAINMENT AND LIFELONG SUCCESS

990 for the year ended September 30, 2025

Program accomplishments

  • YOUTH LEADERSHIP PROGRAM PROVIDES AFTER-SCHOOL PROGRAMS WITH THE FOCUS OF STUDENT EXPRESSION, REFLECTIVE LEADERSHIP, COMMUNITY SERVICE, LIFE AND EMPLOYMENT SKILLS, ACADEMICS, CAREER AWARENESS, FIELD TRIPS, AND POST-SECONDARY EDUCATION.
    Expenses $1,103,775
  • THE ADULT LEARNER PROGRAM ENCOURAGES THE MOTIVATION AND ACTIVE PARTICIPATION OF PARENTS AND/OR CAREGIVERS IN THE EDUCATIONAL PROCESS OF THEIR CHILDREN. IN ADDITION, THE ADULT LEARNER PROGRAM SUPPORTS PARENTS AND/OR CAREGIVERS IN ACHIEVING THEIR OWN GOALS.
    Expenses $437,297
  • OUR MENTORING PROGRAM MATCHES 100+ COLLEGE STUDENTS WITH QUALIFIED PROFESSIONALS IN THE GREATER CLEVELAND AREA. WE USE A USER-FRIENDLY ONLINE PROGRAM (MENTORCLIQ) TO AID IN THE COMMUNICATIONS BETWEEN MENTOR-MENTEE, AS WELL AS ESPERANZA STAFF.
    Expenses $454,873
  • SCHOLARSHIP AND OTHER PROGRAMS.
    Expenses $22,440 · grants $105,000

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
34-1403492
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,221,913
Income (IRS master file)
$2,139,957

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025–––IRS
990September 2024–––IRS
990September 2023$3,662,890$3,326,903$2,502,569IRS
990September 2022$2,871,639$2,603,469$2,014,963IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about ESPERANZA INC

What is the EIN of ESPERANZA INC?
The employer identification number (EIN) of ESPERANZA INC is 34-1403492.
Is ESPERANZA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to ESPERANZA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 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 ESPERANZA INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ESPERANZA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of ESPERANZA INC?
The 990 for the year ended September 30, 2025 names ZULAYKA RUIZ.
Who are the officers and directors of ESPERANZA INC?
The 990 for the year ended September 30, 2025 lists 22 people; 1 received compensation from the organization, the highest $153,333 (ANN MARGARET SANCHEZ, PRESIDENT & CEO).
How much revenue does ESPERANZA INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $2,021,567, expenses of $2,561,503 and total assets of $2,221,913 at year end.

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