2025-04-07T10:53:01-05:00 2024-12-31 521853933 JM&M 10500 LITTLE PATUXENT PARKWAY SUITE 770 COLUMBIA MD 21044 990EZ 2024-01-01 264035461 THE ESPERANZA EDUCATION FUND INC ESPE 9176089847 6218 GEORGIA AVE NW SUITE 1 30 WASHINGTON DC 20011 FRANKLIN CRUZ BOARD TREASURER 9176089847 2025-04-07 1 1 MEENA BISHNOI P01480769 4108840220 2024 2025-03-06 01:10:19Z X WWW.ESPERANZAFUND.ORG X X 114250 X 109028 1097 4125 114250 18700 77206 17377 113283 967 160671 -163127 -1489 X 157379 115642 5892 13751 163271 129393 2600 130882 160671 -1489 X TO PROVIDE COLLEGE SCHOLARSHIPS AND PROMOTE HIGHER EDUCATION FOR THE IMMIGRANT COMMUNITY IN THE DISTRICT OF COLUMBIA, MARYLAND, AND VIRGINIA. THE ESPERANZA EDUCATION FUND HELPS PROMISING, DRIVEN, IMMIGRANT STUDENTS IN THE CAPITAL REGION BY PROVIDING COLLEGE SCHOLARSHIPS AND CAREER MENTORSHIP. IN 2024, THE ESPERANZA EDUCATION FUND ("ESPERANZA") AWARDED NEW COLLEGE SCHOLARSHIPS TO A COHORT OF FIVE STUDENTS TOTALING $20,000. THE STUDENTS OR THEIR PARENTS CAME FROM SEVERAL DIFFERENT COUNTRIES. IN ADDITION, ESPERANZA CONTINUED TO MAKE SCHOLARSHIP PAYMENTS TO ITS PRIOR YEAR SCHOLARS, AMOUNTING TO OVER $50,000 FOR 28 HIGH SCHOOL STUDENTS FROM D.C., MARYLAND, AND VIRGINIA. ESPERANZA MATCHES EACH OF ITS SCHOLARS WITH A MENTOR (IF THE SCHOLAR DESIRES) TO SUPPORT THE SCHOLAR WITH COLLEGE AND CAREER ADVANCEMENT. ESPERANZA ALSO SUPPORTS STUDENTS BY PLANNING AND HOSTING VARIOUS COLLEGE & CAREER READINESS AND NETWORKING VIRTUAL AND IN-PERSON EVENTS. 0 59743 59743 MARCELA CORREA CHAIR 5.00 0 0 0 FRANKLIN CRUZ TREASURER AS OF AUG. 5.00 0 0 0 BRYAN MEJIA MEDINA MEMBER 5.00 0 0 0 MINAL AMIN MEMBER AS OF AUG. 5.00 0 0 0 KEJSI BELTOJA MEMBER AS OF AUG. 5.00 0 0 0 JUPITER EL-ASMAR MEMBER AS OF AUG. 5.00 0 0 0 SEAN MANN MEMBER AS OF AUG. 5.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE ORGANIZATION 6218 GEORGIA AVE NW SUITE 1 3081 WASHINGTON DC 20011 9176089847 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 88559 123351 115107 29739 109028 465784 88559 123351 115107 29739 109028 465784 120273 345511 152 117 1662 93 1097 3121 4125 4125 473030 0.73040 0.70730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC REVENUE - 2024 AMOUNT: $ 4,125. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST. AMOUNT: 1,097. FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: OTHER MISC. REVENUE. AMOUNT: 4,125. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: 5 RECIPIENTS. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/24. AMOUNT GIVEN: 18,700. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: BUSINESS INSURANCE. AMOUNT: 917. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 2,364. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,357. DESCRIPTION: OUTREACH & MARKETING. AMOUNT: 1,216. DESCRIPTION: SCHOLARSHIP SUPPORT. AMOUNT: 247. DESCRIPTION: TRAVEL. AMOUNT: 3,573. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 6,533. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 170. TOTAL TO FORM 990-EZ, LINE 16: 17,377. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: -157,627. DESCRIPTION: PRIOR YEAR SCHOLARSHIP FORFEITURES. AMOUNT: -5,500. TOTAL TO FORM 990-EZ, LINE 20: -163,127. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 5,892. END OF YEAR AMOUNT: 5,625. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,214. DESCRIPTION: OTHER CURRENT ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,912. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 2,600. END OF YEAR AMOUNT: 4,369. DESCRIPTION: LOANS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 60,333. DESCRIPTION: GRANTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 66,180. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.