Nueva Esperanza Inc

Nueva Esperanza Inc

Philadelphia, PA, US
501(c)(3)
EIN
23-2552707

Nueva Esperanza Inc

Philadelphia, PA, US
501(c)(3)
EIN
23-2552707

Overview

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Est.

1988

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Nueva Esperanza Inc is a nonprofit organization dedicated to job training, with a mission focused on the development and capacity building of Hispanic faith and community-based organizations through higher education and the coordination of national programs. Operating with a budget of $13.6 million and generating total revenue of $14.2 million in 2024, the organization does not rely on a single funder for more than 50% of its revenue. More information can be found on their website at www.esperanza.us.

Mission Statement

ORGANIZATION DEVELOPMENT, HIGHER EDUCATION, COORDINATION OF NATIONAL PROGRAMS AND CAPACITY BUILDING OF HISPANIC FAITH AND COMMUNITY BASED ORGANIZATIONS.
Revenues

$14.2M

Expenses

$15.7M

Net Income:
-$1.5M
Assets

$53.3M

Liabilities

$38.3M

Net Assets:
+$15M
Operating Budget

$13.6M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

18

Median grant size
$50K
Largest grant received
$750K
R
Reverend Luis Cortes Jr
Board Member
M
Martin Droz
Board Member
R
Ronald Gilg
Board Member

Frequently Asked Questions

What is Nueva Esperanza Inc’s budget?
In 2024, Nueva Esperanza Inc reported an annual operating budget of around $13.6 million. More detailed financial information is available to registered users.
What causes does Nueva Esperanza Inc support?
Nueva Esperanza Inc supports work in Job training.
Where does Nueva Esperanza Inc operate?
Nueva Esperanza Inc is headquartered in Philadelphia, PA.
Who funded Nueva Esperanza Inc recently?
In 2025, Nueva Esperanza Inc received grants from AMERICAN ONLINE GIVING FOUNDATION INC, TEC CENTRO WORKFORCE NETWORK, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant Nueva Esperanza Inc received in 2024?
The largest grant to Nueva Esperanza Inc in 2024 exceeds $750 thousand.
What is Nueva Esperanza Inc’s reliance on government grants?
Nueva Esperanza Inc relied on government grants for more than 25% of their total revenue in 2024.
Overview
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