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 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.

Program Service Accomplishments

Program 1
Expenses: $559,870

NEW HOPE WORKSHOP: THE WORKSHOP EMPLOYS 18 WOMEN ALLOWING THEM TO PROVIDE FOR THEIR COLLECTIVE 26 CHILDREN WITH HONOR AND DIGNITY. THEY ARE TRAINED TO SEW AND ARE MENTORED IN A SAFE WORK ENVIRONMENT...

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NEW HOPE WORKSHOP: THE WORKSHOP EMPLOYS 18 WOMEN ALLOWING THEM TO PROVIDE FOR THEIR COLLECTIVE 26 CHILDREN WITH HONOR AND DIGNITY. THEY ARE TRAINED TO SEW AND ARE MENTORED IN A SAFE WORK ENVIRONMENT CREATING BEAUTIFUL BAGS THAT ARE SOLD TO FUND THE RESIDENT SAFE HOMES OF NEW HOPE GIRLS. WOMEN GET TO PUT THE WORK OF THEIR HAND TO SHARE A STORY OF TRANSFORMATION AND FUEL THE WORK OF RESCUE AND REFUGE OF YOUNG GIRLS.

Program 2
Expenses: $385,081

RESIDENTIAL PROGRAM FOR GIRLS: NEW HOPE GIRLS WALKS WITH GIRLS FROM THE MOMENT OF THEIR RESCUE, THROUGH THEIR JUSTICE PROCESS AND INTO THEIR FINAL PLACEMENT WITH SAFE FAMILY. THEY PROVIDE FOR EACH...

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RESIDENTIAL PROGRAM FOR GIRLS: NEW HOPE GIRLS WALKS WITH GIRLS FROM THE MOMENT OF THEIR RESCUE, THROUGH THEIR JUSTICE PROCESS AND INTO THEIR FINAL PLACEMENT WITH SAFE FAMILY. THEY PROVIDE FOR EACH GIRL'S EVERY NEED AS DAUGHTERS, INCLUDING NUTRITIOUS MEALS IN BEAUTIFUL THERAPEUTIC HOMES WITH TRAUMA INFORMED THERAPY AND ACCESS TO QUALITY EDUCATION AND SUPPORTIVE COMMUNITY. THEY WALK WITH THEM INTO HEALING AND ADULTHOOD ADVOCATING FOR HIGHER EDUCATION OR VOCATIONAL TRAINING SO THEY CAN THRIVE AS YOUNG WOMEN.

Program 3
Expenses: $67,956

MENTORSHIP PROGRAM FOR GIRLS: NEW HOPE WORKS IN IMPOVERISHED COMMUNITIES TO TRAIN AND MENTOR VULNERABLE GIRLS LIVING THERE. THIS OUTREACH HELPS GIRLS ACCESS EDUCATION, PROTECTS THEM FROM...

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MENTORSHIP PROGRAM FOR GIRLS: NEW HOPE WORKS IN IMPOVERISHED COMMUNITIES TO TRAIN AND MENTOR VULNERABLE GIRLS LIVING THERE. THIS OUTREACH HELPS GIRLS ACCESS EDUCATION, PROTECTS THEM FROM EXPLOITATION, DEVELOPS THEM AS LEADERS AND GIVES THEM VISION FOR THEIR FUTURE. MISSION TEAMS FROM CA, US AND THE DR COME TO SERVE WITH THE MINISTRY.

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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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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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