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THE ESPERANZA EDUCATION FUND INC: Form 990EZ, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
THE ESPERANZA EDUCATION FUND INC (EIN 26-4035461)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-14
IRS object ID
201522269349201557
Schema version
2014v5.0
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)
Return2015-08-14T10:02:48-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

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)
PersonRoman GoldsteinPersonNm
Person TitleTreasurerPersonTitleTxt
Phone2026564673PhoneNum
Signature2015-08-14SignatureDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

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$161,957GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$150,886ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$531InvestmentIncomeAmt
Sale Of Assets Gross$0SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$10,540FundraisingGrossIncomeAmt
Special Events Direct Expenses$10,403SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$137SpecialEventsNetIncomeLossAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Other Revenue Total$0OtherRevenueTotalAmt
Total Revenue$151,554TotalRevenueAmt
Grants And Similar Amounts Paid$80,000GrantsAndSimilarAmountsPaidAmt
Benefits Paid To Or For Members$0BenefitsPaidToOrForMembersAmt
Salaries Other Comp Empl Bnft$15,000SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$1,359FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$0OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$196PrintingPublicationsPostageAmt
Other Expenses Total$1,477OtherExpensesTotalAmt
Total Expenses$98,032TotalExpensesAmt
Excess Or Deficit For Year$53,522ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$72,960NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$126,482NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$241,576BOYAmt
EOY$314,743EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$3,340BOYAmt
EOY$6,765EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$244,916BOYAmt
EOY$321,508EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$171,956BOYAmt
EOY$195,026EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$72,960BOYAmt
EOY$126,482EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeThe Esperanza Education Fund provides college scholarships and mentoring to immigrant students in DC, Maryland, and VirginiaPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
In 2013, The Esperanza Education Fund awarded college scholarships worth $80,000 to 10 high school students from DC, Maryland, and Virginia. The students came from, or their parents came from, several different countries. Esperanza selected these students from over 450 applications.$80,000$80,000
The Esperanza Education Fund matches each of its scholars with a mentor 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 we host, including a Career Development Conference.$0$1,170
FieldValueIRS element (for citing)
Total Program Service Expenses$81,170TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Alice Wang
Chair5$0$0$0
Alex Lin
Vice-chair5$0$0$0
Roman Goldstein
Secretary5$0$0$0
Andrew Felton
Treasurer5$0$0$0
Marie Scott
Director5$0$0$0
Alison Collier
Director of Operations10$15,000$0$0
FieldValueIRS element (for citing)
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
Form1120 Pol Filed0Form1120PolFiledInd
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
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonRoman GoldsteinPersonNm

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
Transaction With Control Ent0TransactionWithControlEntInd
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$127,724CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99,772CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$54,554CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$68,471CurrentTaxYearMinus1YearAmt
Current Tax Year$150,886CurrentTaxYearAmt
Total$501,407TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$127,724CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99,772CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$54,554CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$68,471CurrentTaxYearMinus1YearAmt
Current Tax Year$150,886CurrentTaxYearAmt
Total$501,407TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$132,550SubstantialContributorsTotAmt
Public Support Total170$368,857PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,061CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,433CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,718CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$595CurrentTaxYearMinus1YearAmt
Current Tax Year$531CurrentTaxYearAmt
Total$5,338TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$100,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$100,000TotalAmt
FieldValueIRS element (for citing)
Total Support$606,745TotalSupportAmt
Gross Receipts Rltd Activities$0GrossReceiptsRltdActivitiesAmt
Public Support CY1700.60793PublicSupportCY170Pct
Public Support PY1700PublicSupportPY170Pct
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 10FormAndLineReferenceDesc
ExplanationIn 2010 we received an unusual grant of $100,000 in the form of a bequest.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 G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1benefit concertEvent1Nm
Gross Receipts Event1$20,140GrossReceiptsEvent1Amt
Charitable Contri Event1$9,600CharitableContriEvent1Amt
Gross Revenue Event1$10,540GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$0NonCashPrizesEvent1Amt
Rent Facility Costs Event1$3,150RentFacilityCostsEvent1Amt
Food And Beverage Event1$2,777FoodAndBeverageEvent1Amt
Entertainment Event1$1,500EntertainmentEvent1Amt
Other Direct Expenses Event1$2,976OtherDirectExpensesEvent1Amt
Food And Beverage Other Events$0FoodAndBeverageOtherEventsAmt
Entertainment Other Events$0EntertainmentOtherEventsAmt
Gross Receipts Total$20,140GrossReceiptsTotalAmt
Charitable Contributions Tot$9,600CharitableContributionsTotAmt
Gross Revenue Total Events$10,540GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$0NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$3,150RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$2,777FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,500EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$2,976OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$10,403DirectExpenseSummaryEventsAmt
Net Income Summary$137NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990-EZ, Part I, Line 10Scholarships
Form 990-EZ, Part I, Line 16Miscellaneous expenses such as refreshments at meetings, reimbursements for mentors' expenses visiting scholars, web hosting, insurance, licenses and permits, bank service charges
Form 990-EZ, Part II, Line 24Grants receivable
Form 990-EZ, Part II, Line 26scholarships

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