Pennsylvania · Nonprofit
Nueva Esperanza Inc
Nueva Esperanza Inc (Pennsylvania) receives grants from 53 organizations whose IRS filings report $13,832,522 to it, the largest being LILLY ENDOWMENT INC ($5,000,475). 27 of them have funded it in more than one year.
- Revenue FY2025
- $18M
- Funders on record
- 53
- Grants received
- $14M
- Net assets
- $16M
What Nueva Esperanza Inc does
Mission
The original mission of nei was to provide support to the hispanic community of north philadelphia through community development. Over the past 31 plus years, nei has grown to encompass local and national work. With a strong local community development presence, multiple educational institutions, and advocacy and capacity building initiatives taking place within a robust national network of over 13,000 clergy, congregations, over 500 faith-based organizations and hundreds of community leaders, nei now serves a broad constituency in a variety of capacities.
As stated on its FY2025 Form 990.
Programs
Education - esperanza college, a branch campus of eastern university, is the only hispanic serving institution (hsi) in pa and the only program of its kind in the country where students study in spanish, while learning english. Upon earning their associate degrees, students are prepared to transfer to four-year colleges and universities.
$5,516,756 spent$2,758,381 earned by the program64% of program spendingNational - esperanza works partially as an intermediary between government agencies and hispanic faith and community-based organizations. Together with over 10,000 hispanic churches and organizations, esperanza has emerged as a leading voice for hispanics of faith in the nation. Esperanza has several national initiatives that continue the work of nueva esperanza, inc. On a national scale, serving the needs of the hispanic community as well as strengthening the work of hispanic faith-based organizations.
$1,835,724 spentof which $1,264,937 as grants$5,353,855 earned by the program21% of program spendingImpacto ads - esperanza provides the hispanic community with relevant information and content to promote community cultural, educational, and economic growth.
$580,469 spent$496,626 earned by the program7% of program spendingEmployee training
$333,317 spent4% of program spendingHousing & Economic impact
$320,716 spent4% of program spending
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $8,586,982.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $25M to $45M (+76%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 21% · 2018 16% · 2019 15% · 2020 18% · 2021 21% · 2022 21% · 2023 10% · 2024 26% · 2025 17%. Grants only. Government contracts and fees sit inside program revenue.
45% of Nueva Esperanza Inc’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Reverend Luis Cortes JR
President & CEO
Board chair
Reverend Bonnie Camarda
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2021 and FY2022, and between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 16 funders, grant income rose $219k → $3.1M.
9 of 53 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Nueva Esperanza Inc’s funders (the co-funder graph). Top 30 of 53 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Nueva Esperanza Inc has a broad base — no single funder exceeds 36% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Nueva Esperanza Inc.
Largest funder’s share by year: 2017 69% · 2018 46% · 2019 48% · 2020 40% · 2021 25% · 2022 42% · 2023 56% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
30% of Nueva Esperanza Inc's funders are still giving 3 years after their first grant; 51% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
Nueva Esperanza Inc draws 78% of its grant income from funders outside Pennsylvania, across 13 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.3M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Nueva Esperanza Inc holds deeper cash reserves than three-quarters of the 290 employment nonprofits its size.
this organization peer median middle 50% of peers· 290 employment nonprofits $10M–$100M, FY2025
Government funding Nueva Esperanza Inc receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.4M on record.
- Department of Housing and Urban Development$6.1M
- Department of Education$1.3M
- Department of Justice$989k
- Environmental Protection Agency$530k
- Institute of Museum and Library Services$475k
- National Endowment for the Arts$25k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Nueva Esperanza Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Pennsylvania
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
51% of spending goes to programs.
Governance
Public support
71%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 14 related entities
- Impacto Ads LLC · disregarded
- Nueva Esperanza Housing & Economic Dev · exempt
- Esperanza Academy Charter School · exempt
- Artistas Y Musicos Latino Americanos · exempt
- Esperanza Immigration Legal Services · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Nueva Esperanza Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Nueva Esperanza Inc?
- Nueva Esperanza Inc (Pennsylvania) receives grants from 53 organizations whose IRS filings report $13,832,522 to it, the largest being LILLY ENDOWMENT INC ($5,000,475). 27 of them have funded it in more than one year.
- How many funders does Nueva Esperanza Inc have?
- IRS filings report 53 organizations giving $13,832,522 in grants to Nueva Esperanza Inc, 27 of which have funded it in more than one year.
- Who is the largest funder of Nueva Esperanza Inc?
- LILLY ENDOWMENT INC is the largest funder on record, with $5,000,475 in grants. The full list of funders is on this page.
- How can an organization like Nueva Esperanza Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 53 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing