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Nueva Esperanza Inc

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

EIN: 311724603 ✦ Kingsville, OH ✦ Designated as a 501(c)(3)

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Overview

What is Nueva Esperanza Inc?

Nueva Esperanza Inc is a nonprofit organization situated in Kingsville, Ohio. With a mission to impact positively the spiritual, emotional, mental, and physical well-being of impoverished children in Honduras, they provide daily care and attention to 102 children. Their team of 19 dedicated caretakers ensures the children's learning needs are met, promoting their development. Meals, medical care, and hygiene lessons are part of their comprehensive program, which also includes teaching biblical values and life skills. The organization also provides academic reinforcement, food, clothing, and medical care to these children. Their goal is to empower these children to become future leaders in their communities, spreading changes in social, spiritual, and economic aspects. In addition to their care services, Nueva Esperanza Inc maintains a clean, safe, and secure facility, complete with a play area for recreational activities. Their commitment extends beyond basic needs, as they strive to instill values and equip these children to impact their communities in a meaningful way.


Official website here: www.hopeinhonduras.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Score: 69%, Two-Star out of Four Star rating

Nueva Esperanza Inc has received a two-star rating from Charity Navigator, indicating a need for improvement. The organization scored 69% overall, reflecting a solid program expense ratio of 74.08%, suggesting that a significant portion of its expenditures goes toward its programs. The organization also demonstrates good governance practices with 71% of its board members being independent, and it has no reported material diversion of assets.

However, there are notable weaknesses in its accountability and transparency practices. The organization lacks essential policies such as a conflict of interest policy and whistleblower policy, which are critical for maintaining trust and oversight. Additionally, it has not provided financial statements on its website, which affects its transparency score and overall accountability rating. Addressing these areas could significantly enhance its credibility and effectiveness in serving its mission.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Nueva Esperanza Inc?

With 3 reviews on Facebook, users seem to express a strong positive sentiment towards Nueva Esperanza Inc. Here's a summary of their comments:

One review highlights that it's a very good place, indicating that users appreciate the services and environment provided by the nonprofit. Although the number of reviews is limited, the endorsement suggests that those familiar with Nueva Esperanza Inc. have a favorable view of its offerings and commitment.

Overall, the reviews reflect satisfaction with the nonprofit's impact, hinting that it fulfills its mission effectively for those it serves.


This AI summary has been generated from reviews found on Facebook.

Is Nueva Esperanza Inc legitimate?

Nueva Esperanza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nueva Esperanza 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: $71,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,784

For more financial information, click here


Official website here: www.hopeinhonduras.org

What is the mission statement of Nueva Esperanza Inc?

Nueva Esperanza Inc's mission is centered around glorifying God by offering compassionate support to children in Honduras. This ministry aims to instill biblical values, personal hygiene, and life skills in impoverished children, thereby equipping them to make positive changes in their communities. Through daily care, academic reinforcement, provision of basic necessities such as food and medical care, and teaching of hygiene, Nueva Esperanza Inc seeks to transform these children into responsible individuals who can inspire change in their peers. The ministry's goal is to provide a safe, secure, and clean environment for the children, allowing them to engage in recreational activities while their parents work.


Official website here: www.hopeinhonduras.org

Who is the CEO of Nueva Esperanza Inc?

Barbara Barahona is the President of Nueva Esperanza Inc.


Official website here: www.hopeinhonduras.org

What is the revenue of Nueva Esperanza Inc?

Nueva Esperanza Inc's revenue in 2023 was $773,198.


Official website here: www.hopeinhonduras.org

Who are the executives of Nueva Esperanza Inc and what are their salaries?

The average compensation at Nueva Esperanza Inc during 2023 was $93,915. There are 3 employees and 107 volunteers at Nueva Esperanza Inc.


Here are 8 key members and their salaries:


Barbara Barahona (President)
  • Compensation: $39,200
  • Related: $0
  • Other: $0
Carlos Barahona (Director)
  • Compensation: $32,760
  • Related: $0
  • Other: $0
Steve Walker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Burgess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woody Roland (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Gust (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Beech (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Ring (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopeinhonduras.org

Where can I find the form 990 for Nueva Esperanza Inc?

Nueva Esperanza Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hopeinhonduras.org

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

Mission Statement of Nueva Esperanza Inc

Nueva Esperanza Inc, as a ministry, is dedicated to bringing about transformative change in the spiritual, emotional, mental, and physical lives of impoverished children residing in Honduras. The organization's mission is to nurture these children, imbuing them with biblical values and life skills, with the ultimate goal of sending them back to their communities as responsible individuals, capable of inspiring change in their peers. By offering daily care and attention, academic reinforcement, meals, medical aid, and personal hygiene lessons, Nueva Esperanza Inc aims to equip these children, both mentally and physically, to become future leaders in their communities. The ministry's compassionate approach to childcare is underpinned by its commitment to glorifying God, as it seeks to raise a new generation of disciples in Honduras. Nueva Esperanza Inc's diligent team of 19 qualified caretakers ensures a safe, secure, and nurturing environment for the 102 children in their care, providing them with the love and guidance they need to thrive, while their parents work. The ministry also offers recreational opportunities, fostering a well-rounded development for the children in its care.

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Impact




October, 2024

Nueva Esperanza Inc makes a profound impact on the lives of poor children in Honduras by addressing their spiritual, emotional, mental, and physical needs. By providing daily care from 19 qualified caretakers for 102 children, the organization ensures that each child receives personal attention and support tailored to their developmental needs.

The initiative incorporates educational reinforcement, teaching biblical values, personal hygiene, and essential life skills, creating a holistic approach to child development. Furthermore, children benefit from access to nutritious meals, clothing, and medical care, which are critical factors contributing to their overall well-being.

In addition to fostering a nurturing environment, Nueva Esperanza Inc emphasizes the importance of community. By preparing these children to return as engaged young men and women, the organization empowers them to inspire and facilitate positive social, spiritual, and economic changes within their communities.

The safe and secure facility, complemented by recreational activities, allows children to play and learn in an environment that promotes both fun and growth. Through compassionate support, Nueva Esperanza Inc is not just meeting immediate needs; it is cultivating a new generation of leaders and disciples who are equipped to influence future generations positively.




This information is meant to be a general summary of Nueva Esperanza 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.

Revenue
$773,198 (2023)
Expenses
$576,478 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $68
  • Gross Receipts: $782,768

Assets and Liabilities:

  • Total Assets: $1,709,046
  • Total Liabilities: $143,967
  • Net Assets: $1,565,079

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Organization Details

Founding Year

2000

Principal Officer

Barbara Barahona

Main Address

PO Box 345, Kingsville, OH, 44048

NTEE Category

Code: K31 - Food

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