NUEVA ESPERANZA-NEW HOPE GIRLS INC

EIN: 450735926 501(c)(3) International Affairs

Sarasota, FL

Total Revenue
$2,332,830
Total Expenses
$1,350,816
Total Assets
$1,948,814
Net Assets
$1,928,940
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
ID
Principal Officer
Joy Reyes
Phone
9414046285
Tax Period
2024-01-01 to 2024-12-31

NUEVA ESPERANZA-NEW HOPE GIRLS INC, founded in 2011, is a community nonprofit in the International Affairs sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $982K, a strong 42% operating margin.

Mission

NEW HOPE GIRLS, INC. EXISTS TO PROVIDE RESCUE, REFUGE AND RESTORATION THROUGH A HOME REFUGE FOR GIRLS AND WORKPLACE FOR WOMEN COMING FROM THE DARKEST OF PLACES. WE FIGHT SEXUAL TOURISM AND EXPLOITATION IN THE DOMINICAN REPUBLIC THROUGH CHRIST CENTERED EDUCATION, ECONOMIC EMPOWERMENT, JUSTICE AND QUALITY AFTERCARE.

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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 $1,901,394
Program Service Revenue $0
Investment Income $1,486
Other Revenue $429,950
TOTAL REVENUE $2,332,830

Expense Breakdown

Grants Paid $559,870
Salaries & Benefits $318,311
Fundraising Expenses $20,349
Program Expenses $1,012,907
Other Expenses $472,635
TOTAL EXPENSES $1,350,816

Year-over-Year Comparison

2024 2023 Change
Revenue $2,332,830 $1,143,043 +1.0%
Expenses $1,350,816 $965,834 +0.4%
Net Income $982,014 $177,209 +4.5%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
8
Employees
7
Volunteers
40

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
3
$121,000
Total Directors
9
$121,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joy Reyes CEO 50.00
Officer Director
$99,000 $22,000 $121,000
Rob Wallstrom President 1.00
Officer Director
$0 $0 $0
Brian King Treasurer 1.00
Officer Director
$0 $0 $0
James Sijpheer Secretary 1.00
Director
$0 $0 $0
Reid Lehman Director 1.00
Director
$0 $0 $0
Vicki Rogers Director 1.00
Director
$0 $0 $0
Stephanie Scheele Director 1.00
Director
$0 $0 $0
Michelle Buelow Director 1.00
Director
$0 $0 $0
Sabra Rowley Director 1.00
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
2024 $2,332,830 $1,350,816 $1,948,814 $982,014
2023 $1,143,043 $965,834 $2,126,259 $177,209
2022 $1,200,076 $899,488 $1,942,562 $300,588
2021 $1,486,867 $726,717 $1,653,780 $760,150
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