199 Hunting Park Corporation

EIN: 264300365 501(c)(3) Education

Philadelphia, PA

Total Revenue
$14,213,251
Total Expenses
$6,850,365
Total Assets
$98,710,372
Net Assets
$19,746,048
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
PA
Principal Officer
Artemio Rodriguez
Phone
2153240746
Tax Period
2024-07-01 to 2025-06-30

199 Hunting Park Corporation, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $14.2M in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.4M, a strong 52% operating margin.

Mission

199 HUNTING PARK CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION SERVING THE HISPANIC COMMUNITY OF NORTH PHILADELPHIA AS A COMPONENT OF BROADER COMMUNITY DEVELOPMENT WORK. THE CORPORATION OWNS A CAMPUS BORDERED BY 5TH STREET, WEST BRISTOL STREET, 3RD STREET AND WEST HUNTING PARK AVENUE. THE CAMPUS HAS TWO BUILDINGS WHICH ARE LEASED TO NUEVA ESPERANZA, INC., ESPERANZA ACADEMY CHARTER SCHOOL, EASTERN NORTH PHILADELPHIA WORKFORCE DEVELOPMENT CORPORATION AND OTHER TENANTS FOR SERVICE BUSINESSES.

Program Service Accomplishments

Program 1
Expenses: $6,311,108 Revenue: $7,090,851

199 HP SERVES THE HISPANIC COMMUNITY OF NORTH PHILADELPHIA AS A COMPONENT OF BROADER COMMUNITY DEVELOPMENT WORK. THE CORPORATION OWNS A 8.01 ACRE COMPLEX AT 4261 NORTH 5TH STREET THAT WAS PURCHASED...

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199 HP SERVES THE HISPANIC COMMUNITY OF NORTH PHILADELPHIA AS A COMPONENT OF BROADER COMMUNITY DEVELOPMENT WORK. THE CORPORATION OWNS A 8.01 ACRE COMPLEX AT 4261 NORTH 5TH STREET THAT WAS PURCHASED IN DECEMBER 1999. AS OF JUNE 30, 2020, THE CAMPUS CONTAINED 301,678 SQUARE FEET OF RENTABLE SPACE OF WHICH 252,642 IS RENTED AND OCCUPIED. ALL TENANTS ARE NON-PROFIT CORPORATIONS AND INCLUDE: NUEVA ESPERANZA, INC., ESPERANZA ACADEMY CHARTER SCHOOL, ESPERANZA COLLEGE, ARTISTAS Y MUSICOS LATINO AMERICANOS, PHILADELPHIA WORKS, INC. AND ESPERANZA CYBER CHARTER SCHOOL. PORTIONS OF THE FACILITY ARE STILL UNDER CONSTRUCTION INCLUDING THE FIT OUT OF A THEATRE, LIBRARY, ART GALLERY, CHAPEL AND COMMUNITY MEETING SPACE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,317,840
Program Service Revenue $7,038,628
Investment Income $804,560
Other Revenue $52,223
TOTAL REVENUE $14,213,251

Expense Breakdown

Grants Paid $0
Salaries & Benefits $491,650
Fundraising Expenses $0
Program Expenses $6,311,108
Other Expenses $6,358,715
TOTAL EXPENSES $6,850,365

Year-over-Year Comparison

2024 2023 Change
Revenue $14,213,251 $7,563,921 +0.9%
Expenses $6,850,365 $6,306,791 +0.1%
Net Income $7,362,886 $1,257,130 +4.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$687,236
Total Directors
3
$903,891
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV LUIS A CORTES JR BOARD VICE CHAIR 2.0
Officer Director
$0 $16,920 $412,943
REV DANNY CORTES BOARD CHAIR 2.0
Officer Director
$0 $17,516 $274,293
WALTER TOLIVER BOARD MEMBER 2.0
Director
$0 $22,030 $216,655
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $14,213,251 $6,850,365 $98,710,372 $7,362,886
2024 No data No data No data No data
2023 $8,274,933 $5,893,677 $48,234,121 $2,381,256
2022 $5,665,914 $5,589,589 $42,224,601 $76,325
2021 $5,349,841 $6,049,484 $41,105,325 $-699,643
2020 $5,375,957 $5,639,817 $40,678,613 $-263,860
2019 $5,081,706 $5,428,797 $40,726,897 $-347,091
2018 $5,536,886 $5,354,050 $41,561,840 $182,836
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