Proyecto La Nueva Esperanza Inc
- Assets
- $106.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, PR
- Founding
- 04/2004
- Data as of
- 12/2023
- EIN
- 66-0565479
Organization Overview
Proyecto La Nueva Esperanza Inc is located in San Antonio, PR. The organization was established in 2004. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Proyecto LA Nueva Esperanza Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Proyecto LA Nueva Esperanza Inc generated $77.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $88.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,388 |
| Total Program Service Revenue | $45,971 |
| Membership dues | $0 |
| Investment income | $4,409 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,768 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,414 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,397 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $88,562 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,520 |
| Other assets | $0 |
| Total assets | $106,229 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centro De Apoyo Para El Desarrollo De La Union Familiar Inc San Juan, PR | $349,712 | $1,350,423 |
Hunger Corp Manati, PR | $28,663 | $567,278 |
Ninos De Nueva Esperanza Inc Sabana Seca, PR | $947,406 | $471,330 |
El Instituto De Orientacion Y Terapia Familiar Caguas, PR | $123,205 | $232,885 |
Instituto Del Hogar Celia Y Harris Bunker Inc San Juan, PR | $99,402 | $181,345 |
Reborn Family Center Inc Coto Laurel, PR | $35,248 | $0 |
Proyecto La Nueva Esperanza Inc San Antonio, PR | $106,229 | $0 |
Fundacion Cabecitas De Algodon Cidra, PR | $5,684 | $0 |