Foundation Escalera Inc

Organization Overview

Foundation Escalera Inc, operating under the name Escalera, is located in Salt Lake Cty, UT. The organization was established in 2004. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Escalera is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Escalera generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $677.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

IMPROVING LIVES THROUGH EDUCATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

REACH SENDS NINTH-GRADE STUDENTS TO HIGH SCHOOL WHO OTHERWISE WOULD NOT GO. IN RURAL CHIAPAS LESS THAN HALF OF MIDDLE SCHOOL GRADUATES CONTINUE THEIR EDUCATION. REACH AIMS TO END THIS PROBLEM BY GIVING SMALL WELL-TIMED SCHOLARSHIPS THAT HELP STUDENTS COVER THEIR HIGH SCHOOL ENTRANCE EXAM FEES COSTS OF SCHOOL SUPPLIES AND SCHOOL UNIFORMS IN SMALL INSTALMENTS EVERY SEMESTER THEY REMAIN IN SCHOOL. TOTAL EXPENSES ARE $346,788 ACTUAL EXPENDITURES + $7,971 IN-KIND DONATED PROFESSIONAL SERVICES = $354,760


IN COLLABORATION WITH FORD FOUNDATION AND UNITED WAY IN MEXICO ESCALERA IS PILOTING A SCHOLARSHIP PROGRAM IN CHIAPAS AND OAXACA WHERE 100 STUDENTS WILL RECEIVE THREE YEARS OF MAINTENANCE GRANTS TO HELP THEM STAY IN SCHOOL AND ACHIEVE THEIR DREAMS. TOTAL EXPENSES ARE $96,870 ACTUAL EXPENDITURES + $1,965 IN-KIND DONATED PROFESSIONAL SERVICES = $98,935


ESCALERA SEEKS TO IMPROVE LIVES THROUGH EDUCATION IN INNOVATIVE COST-EFFECTIVE WAYS. EMPLOYMENT OPPORTUNITIES IN CHIAPAS ARE SCARCE AND EVEN A GOOD EDUCATION DOES NOT GUARANTEE A JOB. INSTEAD MANY STUDENTS WILL NEED TO CREATE THEIR OWN ENTERPRISES TO GENERATE INCOME. WE ARE USING A BEST-PRACTICE CURRICULUM TO PILOT A PROGRAM FOR TEACHING THESE SKILLS TO HIGH SCHOOL STUDENTS. TOTAL EXPENSES ARE $158,154 ACTUAL EXPENDITURES + $5,433 IN-KIND DONATED PROFESSIONAL SERVICES = $163,586


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$14,250
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$824,998
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$839,248
Total Program Service Revenue$0
Investment income $25
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $25,762
Net Gain/Loss on Asset Sales $185,692
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,050,727

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Foundation Escalera Inc has recieved totaling $202,066.

Awarding OrganizationAmount
The Young Living Foundation

Lehi, UT

PURPOSE: EDUCATION

$202,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$66
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,917,674
Earnings$244,193
Ending Balance$2,161,867

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