Esperanza Fund Inc
- Assets
- $147.1k
- Revenue
- -$2.9k
- Investments
- $138.8k
- Employees
- 0
- Location
- Neptune, NJ
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 81-4806608
Organization Overview
Esperanza Fund Inc is located in Neptune, NJ. The organization was established in 2018. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Esperanza Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michel Marks President | 0 | $0 | |
Steven Treson Secretary | 0 | $0 | |
Deborah L Lodato Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $1,966 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,881 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$2,912 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $277 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $68 |
| Total operating and administrative expenses | $4,288 |
| Contributions, gifts, grants paid | $5,220 |
| Total expenses and disbursements | $9,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,283 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $147,051 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Esperanza Fund Inc has awarded $5,220 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MONTCLAIR STATE UNIVERSITY FOR ALEJANDRA BAZAN PURPOSE: SCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | $2,720 |
MATER DEI FOR BETHSY LIMA PURPOSE: SCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Brooklyn College Foundation Inc Brooklyn, NY | $101,301,645 | $6,939,639 |
The One Love Foundation In Honor Of Yeardley Love Inc Bronxville, NY | $10,162,225 | $8,418,764 |