Esperanza Ministries

Nonprofit profile at a glance

EIN
383934583
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Dallas, TX, USA
Phone
2144709658
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,512,138
Expenses
$1,273,895
Assets
$5,408,501
Liabilities
$1,547,383

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • JOSH GIEGER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOSH GIEGER (EXECUTIVE DIRECTOR): $108,083 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Serve the Bachman Lake Community with quality faith-based programs targeting specific community needs, starting with education of parents and children, emotional well-being and material needs.

What it reported doing in 2024

Early Childhood Education Program - Serves low income Hispanic children from Bachman Lake Community with early education classes. This program focuses on language acquisition, pre-math skills, gross and fine motor development, social skills development, and executive function. Parent workshops focus on child development, parent talk (3Ts from thirty million words initiative), play with me, every child ready to read, emotional development, disciplining your child, sleep patterns, and children's health. Each workshop includes practical hands-on applications so that parents and children learn skills together and are equipped to practice these skills at home. Program has a student-to-teacher ratio which allows for individualized attention to each student. Each student's progress is evaluated at the beginning and end of each school year.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.2%; rating input score 38
  • Program expense ratio: 75.4%; rating input score 75
  • Fundraising efficiency: $14.05 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 49.3%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 4.25; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 8.5%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 22.1% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 27.3% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 48.6% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 38.2% of revenue deployed · 75.4% of spending went to programs
  • Governance: 8 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $961K in reported program spending
  • Leadership: top reported pay $108K · 9 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.