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Building New Hope

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251698704 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Building New Hope?

Building New Hope is a nonprofit organization located in Pittsburgh, Pennsylvania. Their primary focus is on providing educational programs and support to children in Granada, Nicaragua. They operate two supplemental schools, Quinta Los Chavalos and Escuelita Yo Puedo, which offer tutoring, extracurricular activities, and English classes. The high school scholarship program assists needy students in attending quality high schools and maintains academic standards. Despite COVID-19 restrictions, the programs have shown success, with students consistently performing well in public schools and parents actively involved. With a dedication to community development, Building New Hope supports education, health, and development in Central America.


Official website here: www.buildingnewhope.org

Is Building New Hope legitimate?

Building New Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building New Hope 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: $37,710
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.buildingnewhope.org

What is the mission statement of Building New Hope?

Building New Hope's mission is centered around partnership and support for community development in Central America. This is achieved through programs focusing on development, education, and health. The organization runs innovative educational programs in Granada, Nicaragua, and provides support for high school and university enrollment for children from a local coffee cooperative. Quinta Los Chavales, a supplemental school, offers tutoring and supplemental education to help students excel in their public school classes. Escuelita Yo Puedo is another supplemental school that provides literacy and math education to children from several Granada neighborhoods. Additionally, Building New Hope offers a high school scholarship program to support needy students, requiring them to maintain good grades and give back to the community. The organization's enrollment was affected during 2022 due to COVID-19 restrictions.


Official website here: www.buildingnewhope.org

Who is the CEO of Building New Hope?

Penny Zosloft is the Board Member of Building New Hope.


Official website here: www.buildingnewhope.org

What is the revenue of Building New Hope?

Building New Hope's revenue in 2022 was $219,854.


Official website here: www.buildingnewhope.org

Who are the executives of Building New Hope and what are their salaries?

The average compensation at Building New Hope during 2022 was $37,710. There is 1 employee and 8 volunteers at Building New Hope.


Here are 9 key members and their salaries:


Maria Soledad Cabezas (Executive Director)
  • Compensation: $33,005
  • Related: $0
  • Other: $0
Bibi Al-Ebrahim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felipe Godard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annia Aleman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Norris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Soluri (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Kraus Dobratz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Zosloft (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Nix (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.buildingnewhope.org

Where can I find the form 990 for Building New Hope?

Building New Hope's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.buildingnewhope.org

Learn more at the official website: www.buildingnewhope.org

Mission Statement of Building New Hope

Building New Hope is committed to partnership and support for communities in development in Central America. This mission is accomplished through programs focused on development, education, and health. The organization, Building New Hope, runs innovative educational programs in Granada, Nicaragua, providing high school and university enrollment support to children from the coffee cooperative, El Porvenir. They also operate Quinta Los Chavales, a supplemental school for children in a poor neighborhood, offering tutoring, computer classes, physical activities, arts, and music, enhancing their performance in public schools.

Another educational initiative is Escuelita Yo Puedo, a supplemental school serving several Granada neighborhoods. Here, nearly 60 children learn to read, do math, and participate in various activities, including arts workshops, poetry workshops, field trips, and cultural activities. Middle school students also receive English classes, which have become increasingly important in Nicaraguan public schools. During COVID-19 restrictions, enrollment in both Quinta Los Chavales and Escuelita Yo Puedo was reduced.

Furthermore, Building New Hope offers a high school scholarship program to support needy students, enabling them to attend quality high schools. Scholarship recipients are required to maintain good grades and give back in some way, often through tutoring younger students or participating in cleanup and improvement projects. Additional support is provided in the form of school supplies and tutoring sessions when needed. During 2022, eighteen students were supported through this program.

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Impact




October, 2024

Building New Hope plays a transformative role in the lives of children and communities in Central America, particularly in Granada, Nicaragua. Through innovative educational programs, the organization fosters an environment where children from underserved neighborhoods can thrive academically and personally.

The educational initiatives include Quinta Los Chavalos, a supplemental school designed to provide extra tutoring and support for elementary and middle school students. By offering resources like computer classes, physical activities, arts, and music, it equips students with essential skills and a well-rounded education. The impact is evident as students consistently excel in their public school classes, highlighting the importance of academic support and parental involvement in their success.

The program, Escuelita Yo Puedo, further extends these educational opportunities by reaching out to nearly 60 children in various neighborhoods. Here, children learn foundational skills in reading and math, as well as engage in enriching activities like arts workshops and field trips, allowing them to embody the joy of childhood while receiving a quality education.

Recognizing the challenges faced by graduates, Building New Hope also established a high school scholarship program that addresses the need for quality education beyond elementary school. This initiative supports needy students with financial assistance to attend reputable high schools. By requiring scholarship recipients to maintain good academic standing and contribute to their community, the program fosters a sense of responsibility and mentorship, ensuring that the cycle of support continues.

Overall, Building New Hope's impact is far-reaching, empowering children through education and creating opportunities that contribute to the development and upliftment of their communities in Central America.




This information is meant to be a general summary of Building New Hope. 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.

Revenue
$219,854 (2022)
Expenses
$175,914 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $83,965
  • Gross Receipts: $219,854

Assets and Liabilities:

  • Total Assets: $150,502
  • Total Liabilities: $52,923
  • Net Assets: $97,579

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALES - COFFEE PROJECT

Revenue

$83,965

Organization Details

Founding Year

2010

Principal Officer

Penny Zosloft

Main Address

6401 PENN AVE 3RD FLOOR, PITTSBURGH, PA, 152064051

NTEE Category

Code: Q30Z - International

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