Nonprofit · EIN 20-3801097
RAICES DE ESPERANZA INC
Also known as Raices de Esperanza Roots of Hope
Tax-exempt (reinstated) · CORAL GABLES, FL 33134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $501 | $770 | -$269 | $2,805 | $0 | $2,805 |
| June 30, 2024 | 990-EZ | $6,738 | $10,928 | -$4,190 | $3,074 | $0 | $3,074 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $501
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Other expenses
- $770
Balance sheet and other
- Total assets, start of year
- $3,074
- Total assets, end of year
- $2,805
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,805
- Cash, savings and investments
- $2,805
- Gross receipts
- $501
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEONORDO F GORORDO | DIRECTOR | 0.25 | $0 |
| JOSE RASCO | DIRECTOR | 0.25 | $0 |
990-EZ for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEONORDO F GORORDO | DIRECTOR | 1 | $0 |
| JOSE RASCO | DIRECTOR | 0.25 | $0 |
| RAUL MOAS | DIRECTOR | 0.25 | $0 |
| JOSE ANTONIO JIMENEZ | DIRECTOR | 0.25 | $0 |
| MELISSA MEDINA | DIRECTOR | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 2020 PONCE DE LEON BLVD STE 1103, CORAL GABLES, FL 33134-4478
- In care of
- % L FELICE GORORDO
- Mailing address (990-N for 2008)
- PO Box 260486, Miami FL 33126
- Principal officer (990-N for 2008)
- L Felice Gorordo, PO Box 260486, Miami FL 33126
- Signed the 990-EZ
- Jose Rasco, Director
- Phone
- (305) 397-8604
- Website
- www.raicesdeesperanza.org
Mission
EMPOWER YOUTH TO BECOME AUTHORS OF THEIR FUTURE.
Program accomplishments
- OVER THE LAST 18 YEARS, RAICES DE ESPERANZA HAS WORKED TO EMPOWER CUBAN YOUTH ON AND OFF THE ISLAND. MOST RECENTLY, OUR WORK HAS BEEN IN THE AREAS OF TECHNOLOGY, ENTREPRENEURSHIP, AND INDEPENDENT JOURNALISM. WE HAVE HOSTED CUBAN ENTREPRENEURS IN MIAMI, WORKED WITH INDEPENDENT JOURNALISTS AND CIVIL SOCIETY GROUPS.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-3801097
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O99)
- Assets (IRS master file)
- $2,805
- Income (IRS master file)
- $501
Revocation and reinstatement
- Exemption revoked
- November 15, 2019
- Posted by the IRS
- March 9, 2020
- Reinstated
- Effective November 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $501 | $770 | $2,805 | IRS |
| 990-EZ | June 2024 | $6,738 | $10,928 | $3,074 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-N for 2008 Officer: L Felice Gorordo | December 31, 2008 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3801097).
Questions about RAICES DE ESPERANZA INC
- What is the EIN of RAICES DE ESPERANZA INC?
- The employer identification number (EIN) of RAICES DE ESPERANZA INC is 20-3801097.
- Is RAICES DE ESPERANZA INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2019 and reinstated it effective November 15, 2019.
- Are donations to RAICES DE ESPERANZA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RAICES DE ESPERANZA INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of RAICES DE ESPERANZA INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAICES DE ESPERANZA INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of RAICES DE ESPERANZA INC?
- The 990-N for 2008 names L Felice Gorordo.
- Who are the officers and directors of RAICES DE ESPERANZA INC?
- The 990-EZ for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does RAICES DE ESPERANZA INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $501, expenses of $770 and total assets of $2,805 at year end.
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