Ninos De Nueva Esperanza Inc

Nonprofit profile at a glance

EIN
660607020
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2019
Location
Sabana Seca, PR, USA
Phone
7877952001
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Family Services

Reported finances

Revenue
$599,604
Expenses
$563,196
Assets
$984,173
Liabilities
$20,442

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • RAUL HERNANDEZ CPA (PRESIDENT)

People named in this filing

  • RAUL HERNANDEZ CPA (PRESIDENT)
  • SANDRA JIMENEZ (VICE-PRESIDE)
  • JANETTE BAEZ CPA (VOCAL)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To offer a physical and emotional space to the children of the community, to collaborate with the families in the childrens's academic learning process by means of tutorship, and to promote the spiritual, cultural and social dimensions as part of their integral development.

What it reported doing in 2024

Organizacin y resumen de prcticas de contabilidad organizacin: nios de nueva esperanza, inc. (la organizacin) es una organizacin sin fines de lucro creada al amparo de las leyes del estado libre asociado de puerto rico segn consta en el expediente nmero 36191 fechado el 28 de febrero de 2001 del departamento de estado. El objetivo principal de la organizacin es desarrollar la comunidad de sabana seca fortaleciendo las familias a travs del desarrollo integral de los nios y nias en los que se promuevan, por medio de programas alternativos, sus dimensiones sociales, emocionales, espirituales, y culturales. Como una organizacin sin fines de lucro, la organizacin est exenta del pago de impuestos sobre ingresos, propiedad mueble y patentes municipales bajo la seccin 1101(4) del cdigo de rentas internas de puerto rico de 1994, segn enmendado, y de impuestos federales bajo la seccin 501(c)(3) del cdigo de rentas internas de los estados unidos de amrica. A continuacin, una descripcin de las categoras de programas principales de la organizacin: rea educativa: programas dirigidos al desarrollo educativo alternativo: tutoras, meriendas, educacin de la salud y talleres educativos. Rea psico-social: programas dirigidos al desarrollo psico-social: servicios psicolgicos, trabajo social, terapia del habla, terapia ocupacional, orientacin y consejera y talleres psico-educativos. Rea socio-cultural: programas dirigidos al desarrollo socio-cultural: talleres artsticos (arte, msica, baile), campamento de verano y actividades comunitarias. Rea deportiva: programas dirigidos al desarrollo deportivo (baloncesto, tenis, natacin, voleibol, y otras actividades deportivas).

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 90
  • Accountability: 94
  • Sustainability: 59
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.7%; rating input score 83
  • Program expense ratio: 87.1%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.1%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 1.75; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 9.1% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 82.7% of revenue deployed · 87.1% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $491K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Growth: Asset growth scored 0/100.