Nuevo Foundation
- Assets
- $573.4k
- Revenue
- $214.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Kirkland, WA
- Founding
- 12/2017
- Data as of
- 12/2021
- EIN
- 82-3505766
Organization Overview
Nuevo Foundation is located in Kirkland, WA. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nuevo Foundation 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 12/2021, Nuevo Foundation generated $214.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $13.3k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRING KIDS TO BE CURIOUS, CONFIDENT, AND COURAGEOUS BY DISCOVERING THE WORLD OF STEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NUEVO CODING WORKSHOPS ARE OFFERED FOR STUDENTS OF A VARIETY OF AGES AND BACKGROUNDS. WE HAVE CREATED CUSTOM CURRICULA IN MANY LANGUAGES INCLUDING SCRATCH, PYTHON, JAVASCRIPT, HTML/CSS, AND C# TO ENGAGE BOTH THE ANALYTICAL AND CREATIVE SIDES OF A STUDENT. WITHIN OUR CURRICULA WE ALSO INCLUDE A HANDS-ON ACTIVITY TO SHOW DIFFERENT ASPECTS OF STEM. OUR GOAL IS TO MAKE CODING FUN, ENGAGING, AND ACCESSIBLE - AND SHOW THAT ANYONE CAN CODE!
NUEVO VIRTUAL SESSION IS A PROGRAM WHERE GUEST SPEAKERS FROM DIFFERENT BACKGROUNDS AND ROLES OFFER LIVE CONVERSATIONS WITH YOUR CLASSROOM OR ORGANIZATION. EACH SESSION IS 30 MINUTES AND DESIGNED IN A WAY THAT THE GUEST SPEAKER GETS TO SHARE THEIR EXPERIENCE ON HOW THEY GOT WHERE THEY ARE IN THEIR CAREER. IT'S ALSO AN OPPORTUNITY FOR THE STUDENTS TO ASK THEM QUESTIONS ABOUT THEIR ROLE WHICH CAN BE NEW TO THEM. AFTER OUR SESSIONS, YOUR STUDENTS WILL FEEL INSPIRED AND ENCOURAGED TO LEARN MORE ABOUT STEM EDUCATION.
NUEVO SPEAKER SERIES IS A WAY FOR OUR TEAM TO SHARE OUR EXPERIENCE IN PERSON WITH STUDENTS, TEACHERS, OR PARENTS. WE SHARE OUR JOURNEY AND PROVIDE ADVICE ON A RANGE OF TOPICS FROM OUR OWN STEM PERSONAL EXPERIENCE TO HOW YOU COULD POTENTIALLY LAND A JOB AT A TECH COMPANY. THROUGHOUT ALL OUR TALKS, WE STRIVE TO INCREASE STEM CAREER AWARENESS AND INSPIRE THE NEXT GENERATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beatris Alejandra Mendez Gandica Chief Executive Officer | OfficerTrustee | 10 | $0 |
Mollee Jain Chief Operating Officer | OfficerTrustee | 10 | $0 |
Jeremiah Jordan Isaacson Chief Information Officer | Officer | 10 | $0 |
Roy Moran Director | Trustee | 0 | $0 |
Kyle Bauer Director | Trustee | 0 | $0 |
Benjamin Thompson Director | Trustee | 0 | $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 | $188,204 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,204 |
| Total Program Service Revenue | $0 |
| Investment income | $4,356 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,465 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $214,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,135 |
| 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 | $0 |
| Insurance | $325 |
| All other expenses | $434 |
| Total functional expenses | $13,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,354 |
| Savings and temporary cash investments | $112,877 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $454,125 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $573,356 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $573,356 |
| Total liabilities and net assets/fund balances | $573,356 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nuevo Foundation has recieved totaling $121,456.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $121,422 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon State University Bookstore Inc Corvallis, OR | $21,771,941 | $7,845,956 |
Cook Inlet Native Head Start Anchorage, AK | $12,985,374 | $6,716,000 |
Medina Foundation Seattle, WA | $101,561,812 | $2,836,899 |
Rainier Scholars Seattle, WA | $11,460,541 | $8,396,083 |
Salmon Public School Foundation Inc Salmon, ID | $1,849,221 | $774,057 |
People Sustaining Kings Valley Philomath, OR | $523,239 | $3,683,416 |
Idaho Virtual Education Partners Incorporated Star, ID | $2,036,199 | $3,090,250 |
Abiqua School Foundation Salem, OR | $1,742,920 | $3,255,719 |
Degrees Of Change Tacoma, WA | $2,092,589 | $1,696,414 |
Housing Northwest Corvallis Incorporated Portland, OR | $13,396,336 | $2,754,384 |
Yuut Elitnaurviat-Peoples Learning Center Bethel, AK | $27,267,665 | $3,283,648 |
Northwest Education Access Seattle, WA | $2,516,302 | $2,622,539 |