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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
27/53 repeat funderspeak grant-dependency 23%
01What it does

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

  1. 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 program
    64% of program spending
  2. National - 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 program
    21% of program spending
  3. Impacto 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 program
    7% of program spending
  4. Employee training

    $333,317 spent
    4% of program spending
  5. Housing & Economic impact

    $320,716 spent
    4% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $8,586,982.

02The organization over time

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.

100 = 20172017 Revenue 100 ($8.4M) Expenses 100 ($8.2M) Net assets 100 ($7.6M)2018 Revenue 112 ($9.4M) Expenses 108 ($8.9M) Net assets 107 ($8.1M)2019 Revenue 102 ($8.6M) Expenses 102 ($8.4M) Net assets 109 ($8.3M)2020 Revenue 130 ($11M) Expenses 105 ($8.7M) Net assets 140 ($11M)2021 Revenue 145 ($12M) Expenses 103 ($8.5M) Net assets 189 ($14M)2022 Revenue 141 ($12M) Expenses 123 ($10M) Net assets 212 ($16M)2023 Revenue 160 ($13M) Expenses 158 ($13M) Net assets 218 ($16M)2024 Revenue 168 ($14M) Expenses 190 ($16M) Net assets 198 ($15M)2025 Revenue 214 ($18M) Expenses 203 ($17M) Net assets 215 ($16M)
'17'18'19'20'21'22'23'24'25
Revenue (214)Expenses (203)Net assets (215)Peer revenue range

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%).

$11M
$11M
$12M
$18M
$22M
$25M
$45M
$53M
$57M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

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).

This organization
Typical peer · 458 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$172k
’17
$505k
’18
$206k
’19
$2.3M
’20
$3.7M
’21
$1.7M
’22
$448k
’23
−$1.5M
’24
$1.3M
’25
5.3
months of
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.

'17'18'19'20'21'22'23'24'25
Listed141615161718161719
Joined·+5+4+3+4+4+3+5+5
No longer listed·35233543
03Who funds it

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.

36%
largest funder
52%
top three
~6
effective funders

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.

first grant+1y+2y+3y+4y+5y+6y

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.

NY
MA
IN
PA
NJ
CA
MO
MD
TN
NC
DC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Pennsylvania out of state home

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.

04Its place in the field

Against its field

Nueva Esperanza Inc holds deeper cash reserves than three-quarters of the 290 employment nonprofits its size.

Operating margin7% · above the median
Months of reserve5.3mo · top quartile
Revenue growth (annualized)10% · above the median

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.

Federal$9.4M
grants $9.4Mcontracts $0
17
18
19
20
21
22
23
24
26
Top agencies
  • 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

51% of spending goes to programs.

Program 51%Management 45%Fundraising 4%

Governance

14
board members
93%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

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

PA

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.

A paid feature, included from the $75 plan up. Sign in to download.

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