La Esperanza Inc
Only null% goes to programs Strong reserves
La Esperanza Inc is a 501(c)(3) organization based in Georgetown, Delaware, registered in 1999, with $778,815 in FY2024 revenue. CharityIndex grades it C+.
216 N Race St, Georgetown, DE, 19947 EIN 31-1606956 Since 1999
Revenue (FY2024)
$779K
▼ 8.4% vs prior year
Employment median: $367K
Expenses (FY2024)
$895K
Net assets
$805K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for La Esperanza Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating11 mo reserves · -15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For La Esperanza Inc: 11 mo reserves · -15% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for La Esperanza Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For La Esperanza Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 216 N Race St, Georgetown, DE, 19947
- City
- Georgetown
- State
- Delaware
- Category
- Employment
- Subcategory
- Employment Preparation & Placement
- Website
- …
Financial trends
Revenue grew from $615K (FY2013) to $779K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $51KNet assets $805K
Operating margin
-15.0%
Spent more than it raised in the latest fiscal year.
Total assets
$856K
Total liabilities
$51K
Net assets
$805K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $778,815▼8.4% | $895,427▲17.6% | $804,655▼12.7% | $855,719▼9.2% | 990 |
| 2023 | $850,361▼0.3% | $761,362▲0.9% | $921,267▲10.7% | $941,956▲8.5% | 990 |
| 2022 | $853,177▲18.7% | $754,902▲9.7% | $832,268▲16.4% | $867,863▲17.8% | 990 |
| 2021 | $718,906▲3.5% | $687,977▲1.7% | $715,171▲4.5% | $736,939▲4.9% | 990 |
| 2020 | $694,680▼18.5% | $676,177▲5.0% | $684,242▲2.8% | $702,326▲1.5% | 990 |
| 2019 | $852,074▲77.0% | $644,186▲13.8% | $665,739▲46.3% | $692,261▲44.2% | 990 |
| 2018 | $481,457▼32.1% | $565,896▼8.2% | $455,013▼13.4% | $480,033▼13.4% | 990 |
| 2017 | $708,763▲9.3% | $616,627▲3.4% | $525,522▲21.3% | $554,616▲21.2% | 990 |
| 2016 | $648,693▼5.8% | $596,194▼10.9% | $433,386▲13.8% | $457,568▲8.9% | 990 |
| 2015 | $688,745▲1.6% | $669,088▼0.5% | $380,887▲5.4% | $420,326▼2.9% | 990 |
| 2014 | $678,197▲10.2% | $672,455▼6.1% | $361,230▲1.2% | $432,847▼6.7% | 990 |
| 2013 | $615,380 | $716,056▲37.7% | $356,931▼22.0% | $463,805▼14.0% | 990 |
| 2012 | — | $520,188▼19.9% | $457,606▼17.2% | $539,601▼10.8% | 990 |
| 2011 | — | $649,169 | $552,915 | $605,088 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.3M total
14 grants to La Esperanza Inc totaling $1.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Philadelphia Foundation | Program support | 2024 | $31,800 |
| Delaware Community Foundation | Unrestricted support;place-based opciones/resource navigation and family coaching program 2.0;la colectiva de delaware (support salary of lcd coordinator and partial program costs);supporting thriving conditions for the latino and immigrant communities of southern delaware;immigration and citizenship support services for sussex county immigrants | 2023 | $152,300 |
| Philadelphia Foundation | General operating support | 2023 | $75,000 |
| Delaware Community Foundation | Support for its place-based opciones/resource navigation and family coaching 2.0 program, support for la colectiva de delaware program, support for la colectiva's collaborative project beyond the pilot for parent engagement, supporting thriving conditions for the latino and immigrant communities of southern delaware, unrestricted support, women in digital and financial literacy | 2022 | $316,200 |
| Delaware Community Foundation | Resource navigation and family coaching, support for the development and pilot of a collaborative project/program that benefits the education of latino youth in sussex county, capacity building grant for organizational assessment and unrestricted support | 2021 | $75,246 |
| Delaware Community Foundation | Support to expand the la colectiva-inspired resource navigation and family coaching program in souther delaware to support current staffing, la esperanza comprehensive support servics, conexiones, resource navigation and family coaching, capacity building grant for organizational assessment and support for programs. | 2020 | $135,246 |
| Rockefeller Philanthropy Advisors Inc | General | 2020 | $10,000 |
| Delaware Community Foundation | Restricted support to support the expansion of the la collective-inspired family coaching and navigation program in southern delaware, restricted support for technology upgrades and to better provide emergency services to the latino community in sussex county, and other unrestricted support | 2019 | $148,628 |
| Delaware Community Foundation | Acf grant for la colectiva de delaware director of community engagement and community program support account, acf grant for la colectiva de delaware director position - oversight of navigation family coaching and youth programs and 2-3 navigation guides, dcf 2019 focus grant - new citizenship program/immigration department, acf grant - staff professional continuing education, and unrestricted support | 2018 | $277,000 |
| Unidosus | Grants | 2018 | $26,500 |
| Unidosus | Grants | 2017 | $6,000 |
| Delaware Community Foundation | Neighborhood centers | 2016 | $22,000 |
| Tidalhealth Nanticoke Inc | Community health organization | 2016 | $11,000 |
| Delaware Community Foundation | Neighborhood centers | 2015 | $10,000 |
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Frequently asked questions
- Is La Esperanza Inc a legitimate nonprofit?
- Yes. La Esperanza Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1606956, based in Georgetown, Delaware. Donations are tax-deductible.
- What is La Esperanza Inc's EIN?
- La Esperanza Inc's Employer Identification Number (EIN) is 31-1606956.
- How much revenue does La Esperanza Inc report?
- La Esperanza Inc reported $778,815 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does La Esperanza Inc have?
- CharityIndex grades La Esperanza Inc C+, based on financial health (reserves and operating margin).
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Data for La Esperanza Inc (EIN 31-1606956) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.