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Nido De Esperanza Charitable Society

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

EIN: 825510616 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Nido De Esperanza Charitable Society?

Nido De Esperanza Charitable Society is a nonprofit organization located in New York, dedicated to assisting families from pregnancy through pre-K/Head Start placement. Utilizing a holistic approach, the organization supports both children and parents, providing personalized parenting guidance, mentoring, and education. This includes instruction from various healthcare professionals, weekly group meetings, and resources for nutrition, medical care, and birthing plan preparation. Recognizing the importance of literacy and breaking the cycle of poverty, Nido De Esperanza offers book clubs and reading support groups. Material assistance, such as diapers, formula, food, clothing, and baby equipment, is also provided for families during their first 1,000 days. Through increased services and strengthened community relationships, the organization has seen a 16.5% increase in families served and a 34% increase in in-kind contributions. In an effort to intervene and support families earlier, Nido De Esperanza has established a Prenatal Wellness Center.


Official website here: www.nidodeesperanzanyc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99%, Four-Star out of Four Stars

Nido De Esperanza Charitable Society has achieved an impressive 99% overall score, reflecting its strong performance in both accountability and finance as well as culture and community engagement. The organization boasts a perfect score of 100 in the Accountability & Finance category, indicating robust financial practices and governance, including full independence among board members and thorough financial audits.

The charity also demonstrates a commitment to transparency and ethical practices, with policies in place for conflict of interest, whistleblower protections, and document retention. Its program expense ratio of 87.99% suggests that a significant portion of its funds goes directly to programs, which is a positive indicator for donors looking for effective use of their contributions.

While the organization has a slightly lower score of 89 in the Culture & Community category, it still reflects a solid commitment to equity strategies. Overall, Nido De Esperanza Charitable Society presents itself as a highly accountable and financially sound organization that prioritizes the effective delivery of its mission.


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

Is Nido De Esperanza Charitable Society legitimate?

Nido De Esperanza Charitable Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nido De Esperanza Charitable Society 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: $79,639
Professional Fundraising Fees: $0
Other Salaries and Wages: $373,817

For more financial information, click here


Official website here: www.nidodeesperanzanyc.org

What is the mission statement of Nido De Esperanza Charitable Society?

Nido De Esperanza Charitable Society is a non-profit organization with a mission to disrupt the cycle of poverty. They achieve this by focusing on the first 1,000 days of a child's life. The organization works closely with families, from pregnancy through pre-K/Head Start placement, adopting a holistic approach that encompasses both the child and the parents. They provide personalized parenting support, mentoring, and education, which often includes guidance from healthcare professionals. Weekly group meetings help build strong community connections among the families. Nido De Esperanza recognizes the significance of pregnancy and offers assistance in areas such as nutrition, medical care, and birthing plan preparation. The organization also values literacy and offers books and reading support groups for families. Material assistance, including diapers, formula, food, clothing, and baby equipment, is provided to families during their child's first 1,000 days. The organization's success is evident in the increased number of families served and the expanded scope of services provided. A new prenatal wellness center has been established to support families early in their parenting journey. In-kind contributions, vital for the organization's operations and the provision of material assistance and services to families, have also seen a significant increase.


Official website here: www.nidodeesperanzanyc.org

Who is the CEO of Nido De Esperanza Charitable Society?

Holly Fogle is the And Co-Exec. Dir. of Nido De Esperanza Charitable Society.


Official website here: www.nidodeesperanzanyc.org

What is the revenue of Nido De Esperanza Charitable Society?

Nido De Esperanza Charitable Society's revenue in 2022 was $1,502,520.


Official website here: www.nidodeesperanzanyc.org

Who are the executives of Nido De Esperanza Charitable Society and what are their salaries?

The average compensation at Nido De Esperanza Charitable Society during 2022 was $45,346. There are 10 employees and 142 volunteers at Nido De Esperanza Charitable Society.


Here are 7 key members and their salaries:


Holly Fogle - President (And Co-Exec. Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Stephen Bauman (Chairman & President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Askins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Ketchum (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gaby Pena Fraga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damien Rios (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gisselle Pardo (Co-Executive Director)
  • Compensation: $69,231
  • Related: $0
  • Other: $828


Official website here: www.nidodeesperanzanyc.org

Where can I find the form 990 for Nido De Esperanza Charitable Society?

Nido De Esperanza Charitable Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nidodeesperanzanyc.org

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

Mission Statement of Nido De Esperanza Charitable Society

Nido de Esperanza Charitable Society is a non-profit organization committed to breaking the cycle of poverty by focusing on the first 1,000 days of a child's life. Their mission is to provide comprehensive support to families, from pregnancy through pre-K/Head Start placement. They adopt a holistic approach, focusing on the child's mental, physical, and emotional well-being, as well as the parents'. The organization offers personalized parenting support through mentoring, education, and the guidance of healthcare professionals. They also foster a sense of community among families through weekly group meetings.

Recognizing the critical period of pregnancy, Nido de Esperanza Charitable Society provides assistance in areas such as nutrition support, medical care, and birth plan preparation. They understand the importance of literacy in breaking the cycle of poverty and offer books and reading support groups for families. In addition, they provide material assistance, including essential items for the first 1,000 days of a child's life, such as diapers, formula, food, clothing, and baby equipment. The organization's impact is evident in the increased number of families served and the expanded scope of services provided.

In recent years, Nido de Esperanza Charitable Society has expanded its reach by establishing a new Prenatal Wellness Center. This center aims to support families even earlier in their parenting journey. The organization's operations have also been bolstered by an increase in in-kind contributions, which have risen by 34% due to strengthened relationships within the community and with other organizations. These contributions are essential for the provision of material assistance and services to families. In summary, Nido de Esperanza Charitable Society is dedicated to breaking the cycle of poverty by providing holistic support to families during their child's critical first 1,000 days.

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Impact




July, 2024

Nido De Esperanza Charitable Society's impact is significant in breaking the cycle of poverty by focusing on the crucial first 1,000 days of a child's life. The organization works closely with families from pregnancy through pre-K/Head Start placement, providing holistic support that encompasses the mind, body, and soul of both the child and the parents. This personalized approach includes mentoring, parenting education, access to healthcare professionals, and building community connections through group meetings.

Recognizing the importance of prenatal care, Nido De Esperanza assists mothers with areas such as nutrition, medical care, and birthing plans. The organization also emphasizes literacy by providing books and reading support groups for families. In addition, Nido De Esperanza offers essential material assistance like diapers, formula, food, clothing, and baby equipment to support families during the critical first 1,000 days.

The organization's impact is evident in the increased number of families served, which has risen by 16.5% compared to the previous year. The expansion of services, such as the creation of a new prenatal wellness center, demonstrates Nido De Esperanza's commitment to intervening and supporting families even earlier in their parenting journey. Furthermore, the organization's partnerships and community relationships have strengthened, leading to a 34% increase in in-kind contributions that are vital for providing material assistance to families.

Nido De Esperanza Charitable Society not only aims to break the cycle of poverty but also seeks to have a lasting impact on the families it serves, contributing to the well-being and development of future generations.




This information is meant to be a general summary of Nido De Esperanza Charitable Society. 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
$1,502,520 (2022)
Expenses
$1,232,447 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,502,520

Assets and Liabilities:

  • Total Assets: $699,055
  • Total Liabilities: $121,648
  • Net Assets: $577,407

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Organization Details

Founding Year

2018

Principal Officer

Holly Fogle

Main Address

4111 BROADWAY, NEW YORK, NY, 10033

NTEE Category

Code: P20 - Human services

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