The Esperanza Education Fund Inc

Nonprofit profile at a glance

EIN
264035461
IRS 990-EZ coverage
2014–2025
Forms available
Form 990 2018, Form 990-EZ 2025
Location
Washington, DC, USA
Phone
9176089847
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$132,538
Expenses
$100,500
Assets
$139,591
Liabilities
$109,042

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • MARCELA CORREA (CHAIR)
  • FRANKLIN CRUZ (TREASURER)
  • JUPITER EL-ASMAR (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide college scholarships and promote higher education for the immigrant community in the district of columbia, Maryland, and Virginia.

What it reported doing in 2025

The esperanza education fund helps promising, driven, immigrant students in the capital region by providing college scholarships and career mentorship. In 2025, the esperanza education fund ("esperanza") awarded new college scholarships to a cohort of eight students totaling $40,000. 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.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 50% for direct work, and 50% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 100
  • Sustainability: 64
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.1%; rating input score 60
  • Program expense ratio: 78.3%; rating input score 78

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 24.2%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.78; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -2.9% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -5.6% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 60.1% of revenue deployed · 78.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $79K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.