NUEVA ESPERANZA INC

EIN: 311724603 501(c)(3) Food, Agriculture & Nutrition

Kingsville, OH

Total Revenue
$1,096,607
Total Expenses
$699,853
Total Assets
$2,102,511
Net Assets
$1,961,833
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
VA
Principal Officer
Barbara Maurer Barahona
Phone
4402653496
Tax Period
2023-07-01 to 2024-06-30

NUEVA ESPERANZA INC, founded in 2000, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $397K, a strong 36% operating margin.

Mission

Nueva Esperanza exists as a ministry that seeks to affect permanent change in the spiritual, emotional, mental, and physical lives of poor children living in Honduras. Children are given daily care and attention along with being taught biblical values, personal hygiene, and life skills. Academic reinforcement, food, clothing, and medical care are also part of our program. This ministry seeks to return these children as young men and women to their communities equipped to encourage others to make social, spiritual, and economic changes in their lives.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,096,546
Program Service Revenue $0
Investment Income $61
Other Revenue $0
TOTAL REVENUE $1,096,607

Expense Breakdown

Grants Paid $0
Salaries & Benefits $330,872
Fundraising Expenses $13,932
Program Expenses $558,165
Other Expenses $368,981
TOTAL EXPENSES $699,853

Year-over-Year Comparison

2023 2022 Change
Revenue $1,096,607 $773,198 +0.4%
Expenses $699,853 $576,478 +0.2%
Net Income $396,754 $196,720 +1.0%
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
7
Independent Members
5
Employees
3
Volunteers
175

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
4
$41,619
Total Directors
7
$77,722
Key Employees
2
$77,722
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barbara Barahona President 50
Officer Director Key Emp Highest
$41,619 $0 $41,619
Carlos Barahona Director 40
Director Key Emp
$36,103 $0 $36,103
Melissa Burgess Secretary 0
Officer Director
$0 $0 $0
Woody Roland Vice President 0
Officer Director
$0 $0 $0
Chad Gust Director 0
Director
$0 $0 $0
George Beech Director 0
Director
$0 $0 $0
Sam Ring Treasurer 1
Officer Director
$0 $0 $0
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 No data No data No data No data
2024 $1,096,607 $699,853 $2,102,511 $396,754
2023 $773,198 $576,478 $1,709,046 $196,720
2022 $976,610 $443,448 $1,515,623 $533,162
2021 $614,590 $406,644 $984,864 $207,946
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