Overview
What is Esperanza Ny Inc?
Esperanza Ny Inc, based in New York City, is a nonprofit organization dedicated to assisting approximately 200 youth annually who are involved in family and criminal/supreme court proceedings. Their primary mission is to safely minimize the reliance on confinement or incarceration of these young individuals within the justice system. They achieve this goal through the provision of direct services, including six-months of in-home individual and family counseling, as well as case and crisis management. Esperanza Ny Inc aims to reduce the use of confinement through a combination of direct services, technical assistance, and structural reform efforts. Their primary source of revenue is a grant from the City of New York, employing a team of 31 individuals.
Official website here: www.esperanzany.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Esperanza NY Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The rating is based solely on their performance in accountability and finance, where they scored exceptionally high across various metrics, highlighting their effective management and transparency.
One notable strength is the organization's governance, which features a predominantly independent board, comprising 77% independent members. This structure supports objectivity and integrity in decision-making processes. Furthermore, the financial health indicators, such as a low liabilities to assets ratio and a high program expense ratio, suggest that a significant portion of their funds is directed towards their programs rather than administrative costs.
While the rating showcases the nonprofit's strengths in governance and finance, potential donors may consider exploring specific program outcomes or community impact metrics, as those details are not highlighted in the financial summary. Overall, Esperanza NY Inc appears to be a well-managed organization dedicated to making effective use of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Esperanza Ny Inc legitimate?
Esperanza Ny Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esperanza Ny Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $186,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,578,740
For more financial information, click here
Official website here: www.esperanzany.org
What is the mission statement of Esperanza Ny Inc?
Esperanza Ny Inc's primary mission is centered around reducing the reliance on confinement or incarceration of youth involved in the legal system. This is achieved by developing safe, humane, and productive responses to the challenges faced by court-involved youth. The organization achieves this goal through the provision of direct services, technical assistance, and by aiding in structural reform efforts. Esperanza Ny Inc strives to minimize the use of confinement as a means of control, thereby promoting a more rehabilitative approach towards youth in the justice system. Their primary source of revenue comes from a grant provided by the City of New York.
Official website here: www.esperanzany.org
Who is the CEO of Esperanza Ny Inc?
Suzanne J Kronenfeld is the Executive Director/President of Esperanza Ny Inc.
Official website here: www.esperanzany.org
What is the revenue of Esperanza Ny Inc?
Esperanza Ny Inc's revenue in 2022 was $2,979,818.
Official website here: www.esperanzany.org
Who are the executives of Esperanza Ny Inc and what are their salaries?
The average compensation at Esperanza Ny Inc during 2022 was $56,929. There are 31 employees and 7 volunteers at Esperanza Ny Inc.
Here are 10 key members and their salaries:
- Compensation: $139,806
- Related: $0
- Other: $27,142
- Compensation: $123,987
- Related: $0
- Other: $32,792
- Compensation: $17,873
- Related: $0
- Other: $792
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.esperanzany.org
Where can I find the form 990 for Esperanza Ny Inc?
Esperanza Ny Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.esperanzany.org
Learn more at the official website: www.esperanzany.org
Mission Statement of Esperanza Ny Inc
Esperanza Ny Inc, a notable organization, is committed to reducing the reliance on confinement or incarceration of youth involved in the legal system. Their primary mission is to develop safe, humane, and productive responses to the challenges faced by court-involved youth. By providing direct services and technical assistance, as well as aiding in structural reform efforts, Esperanza Ny Inc seeks to minimize the use of confinement. The organization's goal is to create a more holistic approach to addressing the needs of these young individuals, ensuring they have the opportunity to grow and thrive outside of confined environments. Esperanza Ny Inc's primary source of revenue is a grant from the City of New York, demonstrating the support and confidence in their mission from local authorities.
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Impact
October, 2024
Esperanza NY Inc significantly impacts the lives of youth involved in the justice system by prioritizing safe and humane approaches to addressing their challenges. Each year, the organization supports up to 200 young individuals who face legal issues, offering them in-home individual and family counseling for up to six months. This direct support not only aids in their immediate circumstances but also fosters more stable family dynamics and personal growth.
By focusing on reducing reliance on confinement and incarceration, Esperanza NY Inc actively seeks to transform the way society responds to court-involved youth. Their commitment to case and crisis management empowers these young individuals to navigate their situations more effectively, leading to better long-term outcomes. Additionally, through their involvement in structural reform efforts, the organization contributes to broader changes in the justice system, advocating for practices that prioritize rehabilitation over punishment.
In essence, Esperanza NY Inc plays a critical role in promoting the welfare of youth in New York, striving to create a system that values support and understanding over confinement, ultimately paving the way for a healthier, more productive future for these young people.
This information is meant to be a general summary of Esperanza Ny Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $463
- Gross Receipts: $2,979,818
Assets and Liabilities:
- Total Assets: $1,515,655
- Total Liabilities: $571,137
- Net Assets: $944,518
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Organization Details
Founding Year
2006
Phone
(646) 278-2000Principal Officer
Suzanne J Kronenfeld
Main Address
1115 BROADWAY 10TH FLOOR, NEW YORK, NY, 10010
Website
www.esperanzany.orgNTEE Category
Code: I44 - Crime
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