Natik Esperanza
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Natik Esperanza does not meet the following 4 Standards for Charity Accountability:
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
Natik does not meet this Standard because:
- The board of directors does not have a written policy stating that, at least Every 2 Years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.
Standard 11 (Financial Statements)
Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.
Natik does not meet this Standard because:
- The organization's annual gross income was $303,074 in the year ended December 31st, 2024, and the organization does not have 2024 financial statements that were reviewed by a certified public accountant (CPA).
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
Natik does not meet this Standard because the organization's 2024 annual report did not include:
- Total expenses for each program in the same categories that appear in the organization's 2024 IRS Form 990 (education, sustainable livelihoods, and health).
Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.
Natik does not meet this Standard because:
- The organization's website, https://natik.org/, does not provide access to a privacy policy.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 7
Natik Esperanza meets the remaining 15 Standards for Charity Accountability.
Stated Purpose:
"to partner with grassroots organizations that confront the educational, health, and economic disparities of marginalized communities in Guatemala and Mexico."
Year, State Incorporated:
2004, FL
Natik Esperanza (Natik) reports that the organization is a grant-making organization, which facilitates collaboration between their local grassroots partners in Guatemala and Mexico with international supporters. These partnerships sustain community-led efforts that expand educational opportunities, and that improve health outcomes and sustainable living through greater access to health and sanitation services and by supporting community-based ventures that utilize local resources and provide equitable working conditions. According to Natik, the organization supports community-led initiatives through a staged partnership model, beginning with fiscal sponsorship and seed funding as their partner organizations formalize, and as their partners grow expand to operating support, fundraising, grant writing, staff training, and entrepreneurial mentoring. Natik reports that with their mature partners, the granting organization collaborates with them on strategic planning and grant applications, and transitions them into mentorship roles to support other emerging community-based organizations in the region.
For the year ended December 31, 2024, Natik Esperanza's program expenses were:
| Education | $130,776 |
| Sustainable Livelihoods | $84,738 |
| Health | $61,926 |
| Total Program Expenses | $277,440 |
Chief Executive
Anita Smart, Executive Director
Compensation*
$30,523
Chair of the Board
David Feuerbach
Chair's Profession / Business Affiliation
Former Research Consultant, ISO
Board Size
8
Paid Staff Size
5
*2025 compensation, as reported by the organization, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Workplace Giving
Fundraising costs were 2% of related contributions. (Related contributions, which totaled $286,345, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Natik Esperanza's IRS Form 990 for the year ended December 31, 2024.
Source of Funds
| Contributions and grants | $286,345 |
| Program service revenue | $14,597 |
| Investment income, net | $2,132 |
| Unrealized gain on investments, net | $1,549 |
| Total Income | $304,623 |
Programs: 94% Fundraising: 2% Administrative: 4%
| Total Income | $304,623 |
| Total expenses: | $295,353 |
| Program expenses | $277,440 |
| Fundraising expenses | $5,189 |
| Administrative expenses | $12,724 |
| Other expenses | $0 |
| Income in Excess of Expenses | $9,270 |
| Beginning Net Assets | $62,809 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $72,079 |
| Total Liabilities | $36,790 |
| Total Assets | $108,869 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance