NIDO DE ESPERANZA CHARITABLE SOCIETY

EIN: 825510616 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$2,648,112
Total Expenses
$2,146,665
Total Assets
$1,544,839
Net Assets
$1,509,082
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
DE
Principal Officer
MONICA PEREZ
Phone
6463681117
Tax Period
2024-07-01 to 2025-06-30

NIDO DE ESPERANZA CHARITABLE SOCIETY, founded in 2018, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $501K, a strong 19% operating margin.

Mission

NIDO DE ESPERANZA IS A NON-PROFIT ORGANIZATION THAT SEEKS TO BREAK THE CYCLE OF POVERTY BY CHANGING THE FIRST 1,000 DAYS OF A CHILD'S LIFE.

Program Service Accomplishments

Program 1
Expenses: $1,861,538 Revenue: $0

THE NIDO DE ESPERANZA CHARITABLE SOCIETY (THE ORGANIZATION) WAS INCORPORATED ON FEBRUARY 27, 2018, AS A NOT-FOR PROFIT ORGANIZATION THAT SEEKS TO BREAK THE CYCLE OF POVERTY BY CHANGING THE FIRST...

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THE NIDO DE ESPERANZA CHARITABLE SOCIETY (THE ORGANIZATION) WAS INCORPORATED ON FEBRUARY 27, 2018, AS A NOT-FOR PROFIT ORGANIZATION THAT SEEKS TO BREAK THE CYCLE OF POVERTY BY CHANGING THE FIRST 1,000 DAYS OF A CHILDS LIFE. THE ORGANIZATION WORKS WITH FAMILIES FROM PREGNANCY THROUGH PRE-K/HEAD START PLACEMENT, TAKING A HOLISTIC APPROACH (MIND, BODY, SOUL) THAT SUPPORTS BOTH THE CHILD AND THE PARENTS. THE ORGANIZATION PROVIDES PERSONALIZED PARENTING SUPPORT THROUGH MENTORING AND EDUCATING PARENTS, INCLUDING INSTRUCTION BY VARIOUS HEALTH CARE PROFESSIONALS, AND BUILDS DEEP COMMUNITY CONNECTIONS BETWEEN FAMILIES THROUGH WEEKLY GROUP MEETINGS. THE ORGANIZATION RECOGNIZES THE CRITICAL TIME OF PREGNANCY AND WORKS WITH MOTHERS TO PROVIDE SUPPORT IN SUCH AREAS AS PERINATAL EDUCATION, MENTAL HEALTH AND ACCESS TO SOCIAL BENEFITS. RECOGNIZING THE IMPORTANCE OF LITERACY AND ITS IMPACT ON BREAKING THE CYCLE OF POVERTY, THE ORGANIZATION PROVIDES BOOKS, DEVELOPMENTAL TOYS AND PARENTING GROUPS ALL WHILE PROVIDING INDIVIDUAL SUPPORT TO HELP FAMILIES NAVIGATE DIVERSE AND COMPLEX ISSUES. THE ORGANIZATION ALSO SUPPORTS FAMILIES THROUGH MATERIAL ASSISTANCE, ESPECIALLY ITEMS ESSENTIAL IN THE FIRST 1,000 DAYS OF A CHILDS LIFE - SUCH AS DIAPERS, FORMULA, FOOD, CLOTHING AND BABY EQUIPMENT.THE ORGANIZATION CONTINUES TO FLOURISH, AS EVIDENCED BY THE INCREASED NUMBER OF FAMILIES SERVED - 145 DURING THE 2025 FISCAL YEAR. THESE FAMILIES PARTICIPATED IN THE ORUGUITAS PROGRAM WHERE THEY LEARNED ABOUT HEALTHY PARENTING WHILE BUILDING COMMUNITY WITH THEIR PEERS. IN ADDITION TO GROUP SESSIONS, THE ORGANIZATIONS SOCIAL WORKERS PROVIDED PERSONALIZED SUPPORT TO ALL THE FAMILIES EVERY STEP OF THE WAY THROUGH THE THREE-YEAR PROGRAM. THE ORGANIZATION IS PROUD TO REPORT THAT 30 THREE-YEAR-OLDS GRADUATED THIS YEAR, READY FOR THEIR NEXT CHAPTER. ONE TODDLER CAPTURED THE MOMENT ON HIS DECORATED CAP: MY FIRST GRADUATION. RECOGNIZING THE IMPORTANCE OF EARLY INTERVENTION, THE PRENATAL WELLNESS CENTER WAS ESTABLISHED IN 2022 TO SUPPORT FAMILIES EVEN EARLIER IN THEIR PARENTING JOURNEY. MOTHERS BEGIN THE PROGRAM AT THE SAME STAGE OF PREGNANCY AND BECOME A SUPPORTIVE COMMUNITY FOR EACH OTHER AND THEIR BABIES THROUGH THE ORGANIZATIONS THREE-YEAR PROGRAM. DURING THE FISCAL YEAR, THE ORGANIZATION PROVIDED HOLISTIC, NURTURING SUPPORT TO 63 NEW PREGNANT MOTHERS.IN-KIND CONTRIBUTIONS, ESSENTIAL TO OUR OPERATIONS AND THE PROVISION OF MATERIAL ASSISTANCE AND SERVICES TO FAMILIES, CONTINUED TO INCREASE. THIS WAS MADE POSSIBLE THROUGH STRENGTHENED RELATIONSHIPS WITHIN THE COMMUNITY AND WITH MANY PARTNER ORGANIZATIONS. IN FISCAL 2025, WE DISTRIBUTED: 72,000 POUNDS OF FOOD, 2,922 BOOKS, 3,027 PAJAMAS, 72,166 DIAPERS, 604 CANS OF FORMULA, 126 WINTER COATS, AND 2,136 BABY WIPES AS WELL AS BABY EQUIPMENT AND OTHER CLOTHING AND BABY SUPPLIES. IN FISCAL 2025, THE ORGANIZATION WELCOMED TWO NEW BILINGUAL SOCIAL WORKERS TO OUR TEAM. FOUR OF OUR SEVEN FULL-TIME SOCIAL WORKERS EARNED THEIR PROFESSIONAL LICENSES, AND WE LAUNCHED A CLINICAL PROFESSIONAL-DEVELOPMENT PLAN TO SUPPORT THEIR CONTINUED GROWTH TO SERVE OUR FAMILIES. WHILE THE ORGANIZATION'S MISSION IS TO BREAK THE CYCLE OF POVERTY BY CHANGING THE FIRST 1,000 DAYS OF A CHILD'S LIFE, IT ALSO SEEKS TO HAVE A GREATER IMPACT ON THE FAMILIES SERVED. FOUR MOTHERS WHOSE CHILDREN GRADUATED FROM OUR PROGRAM HAVE RETURNED TO THE ORGANIZATION TO GIVE BACK - THREE NOW WORK IN OUR DISTRIBUTION CENTER AND ONE HAS JOINED OUR SOCIAL WORK TEAM. AMID CHANGING TIMES, THE ORGANIZATION CONTINUES TO STRENGTHEN AND ADAPT ITS PROGRAMS TO ENSURE BABIES AND FAMILIES RECEIVE THE SUPPORT THEY NEED TO THRIVE. IN MAY 2025, THE ORGANIZATION HOSTED ITS FIRST-EVER FUNDRAISING BREAKFAST. THANKS TO THE PRESENCE AND GENEROSITY OF 130 PARTNERS AND DONORS, THE ROOM WAS A CELEBRATION OF LOVE AND COMMUNITY AND WAS A TREMENDOUS FINANCIAL SUCCESS. GOING FORWARD, THE ORGANIZATION IS POISED TO SERVE EVEN MORE FAMILIES. OUR NORTH STAR IS TO REACH 200 FAMILIES BY 2027. THE ORGANIZATIONS GROWTH IS A TESTAMENT TO THE POWER OF COMMUNITY, INVESTMENT, AND UNWAVERING DEDICATION TO THE FAMILIES WE SERVE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,646,194
Program Service Revenue $0
Investment Income $7,428
Other Revenue $-5,510
TOTAL REVENUE $2,648,112

Expense Breakdown

Grants Paid $682,016
Salaries & Benefits $1,081,136
Fundraising Expenses $93,333
Program Expenses $1,861,538
Other Expenses $344,613
TOTAL EXPENSES $2,146,665

Year-over-Year Comparison

2024 2023 Change
Revenue $2,648,112 $1,939,992 +0.4%
Expenses $2,146,665 $1,749,124 +0.2%
Net Income $501,447 $190,868 +1.6%
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
6
Independent Members
6
Employees
20
Volunteers
102

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
6
$142,843
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOLLY FOGLE VICE-CHAIRMAN PRESIDENT 25.00
Officer Director
$0 $0 $0
REV DR ERIC PARK CHAIRMAN & VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARSHA ASKINS SECRETARY 1.00
Officer Director
$0 $0 $0
RICK KETCHUM TREASURER 1.00
Officer Director
$0 $0 $0
GABY PENA FRAGA DIRECTOR 0.50
Director
$0 $0 $0
DAMIEN RIOS DIRECTOR 0.50
Director
$0 $0 $0
GISSELLE PARDO CO-EXECUTIVE DIR./CLINICAL SUPV. THRU SEPT 2024 25.00
Officer
$74,006 $1,972 $75,978
MONICA PEREZ EXECUTIVE DIRECTOR 40.00
Officer
$64,231 $2,634 $66,865
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 $2,648,112 $2,146,665 $1,544,839 $501,447
2024 No data No data No data No data
2023 $1,709,989 $1,577,303 $777,529 $132,686
2022 $1,502,520 $1,232,447 $699,055 $270,073
2021 $1,011,722 $1,091,128 $421,877 $-79,406
2019 $846,781 $527,776 $319,005 $319,005
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