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THE ESPERANZA EDUCATION FUND INC: Form 990EZ, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THE ESPERANZA EDUCATION FUND INC (EIN 26-4035461)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-08-13
IRS object ID
202042269349200514
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-08-13T08:40:41-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521853933PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JONES MARESCA & MCQUADE PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110500 LITTLE PATUXENT PARKWAY SUITEAddressLine1Txt
Address Line2770AddressLine2Txt
CityCOLUMBIACityNm
State AbbreviationMDStateAbbreviationCd
ZIP21044ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264035461EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ESPERANZA EDUCATION FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlESPEBusinessNameControlTxt
Phone2026564673PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 27507AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20038ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARITZA SOLANOPersonNm
Person TitleCURRENT DIR. OF OPERATIONSPersonTitleTxt
Phone2026564673PhoneNum
Signature2020-08-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID JONESPreparerPersonNm
PTINP01361002PTIN
Phone4108840220PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.88.174.3IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-08-07IPDt
IP Tm12:07:36IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id8135A10533E138772E75B7028466B6AE3A842BF5AtSubmissionCreationDeviceId
At Submission Filing Device Id3C3155FC485199F728C980AB5EC5DB38AD63B029AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website AddressWWW.ESPERANZAFUND.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$110,921GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$108,547ContributionsGiftsGrantsEtcAmt
Investment Income$11InvestmentIncomeAmt
Fundraising Gross Income$2,274FundraisingGrossIncomeAmt
Special Events Direct Expenses$2,274SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Other Revenue Total$89OtherRevenueTotalAmt
Total Revenue$108,647TotalRevenueAmt
Grants And Similar Amounts Paid$89,134GrantsAndSimilarAmountsPaidAmt
Salaries Other Comp Empl Bnft$35,830SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$15,596FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$4,527OtherExpensesTotalAmt
Total Expenses$145,087TotalExpensesAmt
Excess Or Deficit For Year-$36,440ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$102,758NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$66,318NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$426,978BOYAmt
EOY$368,892EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$8,566BOYAmt
EOY$8,116EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$435,544BOYAmt
EOY$377,008EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$332,786BOYAmt
EOY$310,690EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$102,758BOYAmt
EOY$66,318EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO PROVIDE COLLEGE SCHOLARSHIPS AND PROMOTE HIGHER EDUCATION FOR THE IMMIGRANT COMMUNITY IN THE DISTRICT OF COLUMBIA, MARYLAND, AND VIRGINIA.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomIN 2019, THE ESPERANZA EDUCATION FUND ("ESPERANZA") AWARDED COLLEGE SCHOLARSHIPS WORTH $83,134 TO 43 HIGH SCHOOL STUDENTS FROM D.C., MARYLAND AND VIRGINIA. THE STUDENTS CAME FROM, OR THEIR PARENTS CAME FROM, SEVERAL DIFFERENT COUNTRIES. ESPERANZA SELECTED THESE STUDENTS FROM OVER 500 APPLICANTS. ESPERANZA MATCHES EACH OF ITS SCHOLARS WITH A MENTOR (IF THE SCHOLAR DESIRES) AND PROVIDES SUPPORT TO THE STUDENTS THROUGHOUT THEIR COLLEGE CAREERS. THESE EXPENSES INCLUDE TRAVEL REIMBURSEMENT FOR THE MENTORS TO VISIT THEIR SCHOLARS ON CAMPUS AND VARIOUS EVENTS THAT ESPERANZA HOSTS, INCLUDING A CAREER DEVELOPMENT CONFERENCE.DescriptionProgramSrvcAccomTxt
Grants And Allocations$89,134GrantsAndAllocationsAmt
Program Service Expenses$89,134ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$89,134TotalProgramServiceExpensesAmt
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
FRANCELLA CHINCHILLA
CHAIR UNTIL JUNE 20195.00$0$0$0
ABIGAIL OMOJOLA
CHAIR AS OF NOVEMBER 20195.00$0$0$0
AMEESHA SAMPAT
CO-CHAIR AS OF NOVEMBER 20195.00$0$0$0
ALEXANDER LIN
SECRETARY5.00$0$0$0
CHITHALINA COLEMAN
TREASURER AS OF NOVEMBER 20195.00$0$0$0
BRENDA PEREZ
MEMBER2.00$0$0$0
NATALIE GOULD
MEMBER2.00$0$0$0
VERONICA DURAN
MEMBER AS OF NOVEMBER 20192.00$0$0$0
MIKE EASTERLY
MEMBER AS OF NOVEMBER 20192.00$0$0$0
ASHLEY STEWART
MEMBER AS OF NOVEMBER 20192.00$0$0$0
JOSE MAGANA SALGADO
MEMBER UNTIL JULY 20192.00$0$0$0
JASON RESENDEZ
MEMBER UNTIL OCTOBER 20192.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 27507AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20038ZIPCd
FieldValueIRS element (for citing)
Phone2026564673PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$115,144CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$128,163CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$108,290CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$164,150CurrentTaxYearMinus1YearAmt
Current Tax Year$108,547CurrentTaxYearAmt
Total$624,294TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$115,144CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$128,163CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$108,290CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$164,150CurrentTaxYearMinus1YearAmt
Current Tax Year$108,547CurrentTaxYearAmt
Total$624,294TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$155,396SubstantialContributorsTotAmt
Public Support Total170$468,898PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$275CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$50CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$48CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$150CurrentTaxYearMinus1YearAmt
Current Tax Year$11CurrentTaxYearAmt
Total$534TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$6CurrentTaxYearMinus3YearsAmt
Current Tax Year$89CurrentTaxYearAmt
Total$95TotalAmt
FieldValueIRS element (for citing)
Total Support$624,923TotalSupportAmt
Public Support CY1700.75030PublicSupportCY170Pct
Public Support PY1700.76500PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationMISC REVENUE - 2016 AMOUNT: $ 6. 2019 AMOUNT: $ 89.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOMEDESCRIPTION: INTEREST. AMOUNT: 11.
FORM 990-EZ, PART I, LINE 8 - OTHER REVENUEDESCRIPTION: SALE OF PRODUCTS. AMOUNT: 89.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: TUITION PAYMENTS. GRANTEE NAME: 43 RECIPIENTS. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 89,134.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: CONFERENCES AND MEETINGS. AMOUNT: 210. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 3,250. DESCRIPTION: MISCELLANEOUS. AMOUNT: 500. DESCRIPTION: TRAVEL. AMOUNT: 224. DESCRIPTION: PAYPAL AND OTHER BANK FEES. AMOUNT: 343. TOTAL TO FORM 990-EZ, LINE 16: 4,527.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 8,566. END OF YEAR AMOUNT: 8,116.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: GRANTS PAYABLE. BEG. OF YEAR AMOUNT: 332,786. END OF YEAR AMOUNT: 310,690. DESCRIPTION: . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 0.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE 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.DeclarationDesc

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