Nido De Esperanza Charitable Society

Organization Overview

Nido De Esperanza Charitable Society is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Nido DE Esperanza Charitable Society employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nido DE Esperanza Charitable Society 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 06/2023, Nido DE Esperanza Charitable Society generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $1.6m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO BREAK THE CYCLE OF POVERTY BY CHANGING THE FIRST 1,000 DAYS OF A CHILD'S LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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 ASSISTANCE IN SUCH AREAS AS NUTRITION SUPPORT, ACCESS TO MEDICAL CARE, AND PREPARATION OF BIRTHING PLANS. RECOGNIZING THE IMPORTANCE OF LITERACY AND ITS IMPACT ON BREAKING THE CYCLE OF POVERTY, THE ORGANIZATION PROVIDES BOOKS AND READING SUPPORT GROUPS FOR FAMILIES. THE ORGANIZATION ALSO SUPPORTS FAMILIES THROUGH MATERIAL ASSISTANCE, ESPECIALLY ITEMS ESSENTIAL IN THE FIRST 1,000 DAYS OF A CHILD'S LIFE SUCH AS DIAPERS, FORMULA, FOOD, CLOTHING, AND BABY EQUIPMENT. THE ORGANIZATION CONTINUES TO FLOURISH, AS EVIDENCED BY THE INCREASED NUMBER OF FAMILIES SERVED, THE LARGEST GRADUATING CLASS (32 THREE YEAR-OLDS DURING 2023), AND THE EXPANDED SCOPE OF SERVICES PROVIDED TO FAMILIES. THE NEW PRENATAL WELLNESS CENTER WAS CREATED IN 2022 TO INTERVENE AND SUPPORT FAMILIES EVEN EARLIER IN THEIR PARENTING JOURNEY. DURING FISCAL 2023, THE ORGANIZATION HAS INTENSIVELY SERVED 35 PREGNANT MOTHERS. IN-KIND CONTRIBUTIONS, SO ESSENTIAL TO THE ORGANIZATION'S OPERATIONS AND THE PROVISION OF MATERIAL ASSISTANCE AND SERVICES TO FAMILIES, INCREASED BY 20% IN THE PAST YEAR AS A RESULT OF STRENGTHENED RELATIONSHIPS IN THE COMMUNITY AND WITH OTHER ORGANIZATIONS. THE ORGANIZATION IS POISED TO SERVE MORE FAMILIES IN THE COMING YEAR WITH THE CONTINUED INVESTMENT IN THE PROFESSIONAL TEAM AND COMMUNITY RELATIONSHIPS. 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.


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Board, Officers & Key Employees

Name (title)Compensation
Holly Fogle
President & Co-Exec. Director
$0
Rev Dr Eric Park
Chairman & Vice Pres. Eff. 2/22/23
$0
Rev Dr Stephen Bauman
Chairman & President Thru 2/22/23
$0
Marsha Askins
Secretary
$0
Rick Ketchum
Treasurer
$0
Gaby Pena Fraga
Director
$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$1,712,334
Noncash contributions included in lines 1a–1f $547,283
Total Revenue from Contributions, Gifts, Grants & Similar$1,712,334
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,345
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,709,989

Grants Awarded

Over the last fiscal year, Nido De Esperanza Charitable Society has awarded $34,178 in support to 3 organizations.

Grant RecipientAmount

HOLYROOD EPISCOPAL CHURCH

PURPOSE: TO SUPPORT FAMILIES WITH ESSENTIAL ITEMS FOR INFANTS AND CHILDREN

$7,366

CHRIST CHURCH WASHINGTON HEIGHTS

PURPOSE: TO SUPPORT FAMILIES WITH ESSENTIAL ITEMS FOR INFANTS AND CHILDREN

$11,143

MEXICANA COALITION

PURPOSE: TO SUPPORT FAMILIES WITH ESSENTIAL ITEMS FOR INFANTS AND CHILDREN

$15,669
View Grant Profile

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