Hombre Nuevo
- Assets
- $9.1m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 32
- Location
- El Monte, CA
- Founding
- 10/1994
- Data as of
- 12/2020
- EIN
- 77-0201619
Organization Overview
Hombre Nuevo is located in El Monte, CA. The organization was established in 1994. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2020, Hombre Nuevo employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hombre Nuevo 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 12/2020, Hombre Nuevo generated $6.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROMOTE THE TEACHING OF CHRISTIANITY THROUGH ADVANCED COMMUNICATIONS TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMBRE NUEVO, A CATHOLIC MULTIMEDIA CENTER, PRODUCES RADIO PROGRAMS TO PROMOTE THE CATHOLIC FAITH AND HUMAN VALUES AMONG THE HISPANIC POPULATION OF THE UNITED STATES, CENTRAL AMERICA AND THE CARIBBEAN.HOMBRE NUEVO ALSO OPERATES A CENTER FOR EVANGELIZATION IN LOS ANGELES, CALIFORNIA THAT DIRECTS COURSES IN SCRIPTURE, CATECHIZES AND ORGANIZES RETREATS AND WORKSHOPS INVOLVED IN DIRECTING THE PASTORAL ACTION OF THE ARCHDIOCESE OF LOS ANGELES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rene Heredia Executive Dir. | Trustee | 50 | $241,344 |
Frank Formololc Sec/treas | OfficerTrustee | 1 | $0 |
Oscar Marroquin Director | Trustee | 1 | $0 |
Dr Arturo Ibarra Director | Trustee | 1 | $0 |
Shawn Aaron Lc President | Trustee | 1 | $0 |
Donal O'keeffelc Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,574,103 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,574,103 |
| Total Program Service Revenue | $267,421 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$743 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $208,737 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,049,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,250 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $241,344 |
| Compensation of current officers, directors, key employees. | $241,344 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,022,290 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $211,181 |
| Payroll taxes | $106,702 |
| Fees for services: Management | $93,220 |
| Fees for services: Legal | $223,722 |
| Fees for services: Accounting | $101,546 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,866 |
| Advertising and promotion | $156,864 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $365,577 |
| Insurance | $0 |
| All other expenses | -$613,359 |
| Total functional expenses | $4,635,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,520 |
| Savings and temporary cash investments | $4,884,549 |
| Pledges and grants receivable | $1,602,629 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $253,741 |
| Prepaid expenses and deferred charges | $38,228 |
| Net Land, buildings, and equipment | $2,176,808 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $9,382 |
| Other assets | $77,810 |
| Total assets | $9,117,667 |
| Accounts payable and accrued expenses | $283,147 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $254,194 |
| Other liabilities | $52,182 |
| Total liabilities | $589,523 |
| Net assets without donor restrictions | $6,281,477 |
| Net assets with donor restrictions | $2,246,667 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,117,667 |
Grants Awarded
Over the last fiscal year, Hombre Nuevo has awarded $60,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Cheshire, CT PURPOSE: scholarships for Seminarians | $33,000 |
LEGION OF CHRIST PAST SERVC PURPOSE: Donation | $27,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hombre Nuevo has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Union Pacific Foundation Omaha, NE PURPOSE: UNIQUE SPACES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Capital Public Radio Inc Sacramento, CA | $20,160,077 | $17,628,890 |
Pacifica Foundation Inc Los Angeles, CA | $3,771,697 | $11,332,839 |
Sound Of Hope Radio Network Inc San Francisco, CA | $30,725,500 | $6,089,143 |
Hawaii Public Radio Honolulu, HI | $17,228,057 | $7,886,101 |
Nevada Public Radio Las Vegas, NV | $9,497,221 | $6,165,032 |
Hombre Nuevo El Monte, CA | $9,117,667 | $6,049,518 |
From The Heart Productions Inc Oxnard, CA | $1,796,568 | $3,988,646 |
American Radio Association Vacation Plan 1000 Alameda, CA | $1,147,322 | $2,928,620 |
Radio Bilingue Inc Fresno, CA | $4,987,602 | $4,162,015 |
Kalw Public Media Inc San Francisco, CA | $1,198,450 | $2,919,239 |
White Ash Broadcasting Inc Clovis, CA | $6,162,594 | $2,064,081 |
Association For Community Education Inc Camarillo, CA | $1,939,317 | $2,643,148 |