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Nueva Esperanza

Philadelphia, PA · EIN 23-2552707 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Nueva Esperanza reported $18.0 million in revenue and $16.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $51.35 went to program services, $45.06 to management and general costs and $3.59 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 47.7% of the total. Government grants made up 17.3%. The highest compensation it reported for one person was $484,292 (President & CEO). 9 people received more than $100,000 in reportable compensation. Revenue rose 65% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $17M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $18M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 409 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
51.3%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
45.1%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
3.6%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
44.8%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
17.3%1.4%
Program service revenue share
Part VIII 2g ÷ 12
47.7%62.6%
Highest reported compensation
Part VII-A, columns D–F
$484,292$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.90%1.26%
People paid over $100,000
Part VII, line 2
96
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.78.1
Independent voting board members
Part VI 1a–1b
13 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$5.5M expenses · 64.2% of program spending · revenue $2.8M

Education - esperanza college, a branch campus of eastern university, is the only hispanic serving institution (hsi) in pa and the only program of its kind in the country where students study in spanish, while learning english. Upon earning their associate degrees, students are prepared to transfer to four-year colleges and universities

$1.8M expenses · 21.4% of program spending · grants $1.3M · revenue $5.4M

National - esperanza works partially as an intermediary between government agencies and hispanic faith and community-based organizations. Together with over 10,000 hispanic churches and organizations, esperanza has emerged as a leading voice for hispanics of faith in the nation. Esperanza has several national initiatives that continue the work of Nueva Esperanza, inc. On a national scale, serving the needs of the hispanic community as well as strengthening the work of hispanic faith-based organizations

$580K expenses · 6.8% of program spending · revenue $497K

Impacto ads - esperanza provides the hispanic community with relevant information and content to promote community cultural, educational, and economic growth

$654K all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO
Director/trustee, officer, 40.0 hrs/week
$396,023$0$88,269$484,292
Executive Vice President
Officer, 40.0 hrs/week
$275,432$0$19,688$295,120
Chief Financial Officer
Highest compensated employee, 40.0 hrs/week
$233,354$0$6,324$239,678
Executive VP & General counsel
Highest compensated employee, 40.0 hrs/week
$201,320$0$24,815$226,135
SR. VP of Arts center
Highest compensated employee, 40.0 hrs/week
$144,255$0$27,612$171,867
SR. VP of development
Highest compensated employee, 40.0 hrs/week
$138,749$0$28,904$167,653
SR. vp of facilities
Highest compensated employee, 40.0 hrs/week
$121,123$0$3,397$124,520

9 people received more than $100,000 in reportable compensation from Nueva Esperanza (Part VII, line 2). Compensation of current officers, directors and key employees totaled $893K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$18M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$18M$17M51.3%$16M$484,292
FY2024 ⓘ$14M$16M47.9%$15M$482,037
FY2023 ⓘ$13M$13M47.6%$16M$427,031
FY2022 ⓘ$12M$10M54.6%$16M$422,100
FY2021 ⓘ$12M$8.5M51.7%$14M$345,566
FY2020 ⓘ$11M$8.7M57.9%$11M$319,821

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5142
  • Volunteers Part I, line 613

Private foundation grants it received

4 private foundations reported grants to Nueva Esperanza totaling $92,300 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Nueva Esperanza's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Nueva Esperanza, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in Pennsylvania

Questions people ask

How much of Nueva Esperanza's spending goes to programs?

In the fiscal year ending June 30, 2025, Nueva Esperanza reported that 51.3% of its $16.7 million in expenses went to program services, 45.1% to management and general and 3.6% to fundraising (Form 990, Part IX).

How much does Nueva Esperanza pay its top executive?

The largest total compensation Nueva Esperanza reported for one person in the fiscal year ending June 30, 2025 was $484,292, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Nueva Esperanza get its money?

Of $18.0 million in revenue in the fiscal year ending June 30, 2025, 44.8% came from contributions and grants (including 17.3% from government grants) and 47.7% from program service revenue (Form 990, Part VIII).

Is Nueva Esperanza a registered charity?

The IRS lists EIN 23-2552707 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349311993 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349308691 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431299349302018 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341339349301424 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221319349301122 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349300676 · read the filing

All filings for EIN 23-2552707: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.