Nueva Esperanza
- Assets
- $1.5m
- Revenue
- $976.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Kingsville, OH
- Founding
- 12/2000
- Data as of
- 06/2022
- EIN
- 31-1724603
Organization Overview
Nueva Esperanza is located in Kingsville, OH. The organization was established in 2000. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Nueva Esperanza employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nueva Esperanza is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Nueva Esperanza generated $976.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $443.4k during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NUEVA ESPERANZA EXISTS AS A MINISTRY THAT SEEKS TO AFFECT PERMANENT CHANGE IN THE SPIRITUAL, EMOTIONAL, MENTAL, AND PHYSICAL LIVES OF POOR CHILDREN LIVING IN HONDURAS. CHILDREN ARE GIVEN DAILY CARE AND ATTENTION ALONG WITH BEING TAUGHT BIBLICAL VALUES, PERSONAL HYGIENE, AND LIFE SKILLS. ACADEMIC REINFORCEMENT, FOOD, CLOTHING, AND MEDICAL CARE ARE ALSO PART OF OUR PROGRAM. THIS MINISTRY SEEKS TO RETURN THESE CHILDREN AS YOUNG MEN AND WOMEN TO THEIR COMMUNITIES EQUIPPED TO ENCOURAGE OTHERS TO MAKE SOCIAL, SPIRITUAL, AND ECONOMIC CHANGES IN THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING 19 QUALIFIED CARETAKERS FOR THE 118 HONDURAN CHILDREN ON A DAILY BASIS, PROVIDING LEARNING EXPERIENCES TO AID IN DEVELOPMENT OF EACH CHILD, FURNISHING MEALS AND MEDICAL CARE AS NEEDED; TEACHING HYGIENE AS WELL AS GIVING LOVING ATTENTION TO THE CHILDREN WHILE THE PARENT IS AWAY FROM THE HOME WORKING. FURNISHING A SAFE, SECURE AND CLEAN FACILITY AS WELL AS A PLAY AREA FOR THE CHILDREN TO ENJOY RECREATIONAL ACTIVITIES.
PROVIDING SCHOLARSHIPS AND TUTORING FOR 62 STUDENTS SO THAT THEY MAY ATTEND HIGH SCHOOL TO IMPROVE THEIR POTENTIAL FOR SUCCESS IN AREAS OF EMPLOYMENT AND LIVING CONDITIONS.
ENABLING VOLUNTEERS TO SERVE THESE IMPOVERISHED CHILDREN AND FAMILIES BY PROVIDING SPECIAL ACTIVITIES INCLUDING EDUCATIONAL FIELD TRIPS, ART PROJECTS, AND PROGRAMS; ALSO DISTRIBUTING FOOD AND IMPROVING THE FAMILY'S HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Barahona President | OfficerTrustee | 40 | $37,200 |
Carlos Barahona Director | OfficerTrustee | 40 | $31,200 |
Steve Walker Secretary | OfficerTrustee | 0 | $0 |
Sam Ring Treasurer | OfficerTrustee | 1 | $0 |
Woody Roland Vice President | OfficerTrustee | 0 | $0 |
Chad Gust Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $976,545 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $976,545 |
| Total Program Service Revenue | $0 |
| Investment income | $65 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $976,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,400 |
| Compensation of current officers, directors, key employees. | $68,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,870 |
| Pension plan accruals and contributions | $1,116 |
| Other employee benefits | $6,620 |
| Payroll taxes | $5,508 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,557 |
| Fees for services: Accounting | $1,503 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,720 |
| Office expenses | $9,209 |
| Information technology | $2,336 |
| Royalties | $0 |
| Occupancy | $38,122 |
| Travel | $14,637 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28 |
| Interest | $8,956 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,616 |
| Insurance | $5,097 |
| All other expenses | $0 |
| Total functional expenses | $443,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,864 |
| Savings and temporary cash investments | $863,853 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $590,906 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,515,623 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $145,126 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,138 |
| Total liabilities | $147,264 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $924,717 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $443,642 |
| Total liabilities and net assets/fund balances | $1,515,623 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nueva Esperanza has recieved totaling $13,740.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $13,514 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $226 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Forgotten Harvest Inc Oak Park, MI | $66,875,011 | $91,679,704 |
Food Bank Of Eastern Michigan Inc Flint, MI | $43,208,303 | $106,664,807 |
Freestore-Foodbank Inc Cincinnati, OH | $43,700,173 | $84,720,917 |
Greater Pittsburgh Community Food Bank Duquesne, PA | $60,747,557 | $86,169,867 |
Gods Pantry Food Bank Inc Lexington, KY | $29,295,834 | $63,304,764 |
Feeding America West Michigan Comstock Park, MI | $22,537,304 | $50,507,823 |
Akron-Canton Regional Foodbank Akron, OH | $38,369,339 | $52,426,998 |
Dare To Care Inc Louisville, KY | $30,243,323 | $45,399,567 |
Ohio Association Of Foodbanks Columbus, OH | $9,504,579 | $45,718,169 |
Mountaineer Food Bank Inc Gassaway, WV | $18,523,682 | $37,219,873 |
Share Food Program Inc Phila, PA | $13,209,885 | $37,008,855 |
Feeding America Kentuckys Heartland Inc Elizabethtown, KY | $11,011,567 | $26,861,414 |