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Nonprofit · EIN 45-0735926

NUEVA ESPERANZA- NEW HOPE GIRLS INC

Tax-exempt · SARASOTA, FL 34241

Financials

$1.1M$966K2023$2.3M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of NUEVA ESPERANZA- NEW HOPE GIRLS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,332,830$1,350,816$982,014$1,948,814$19,874$1,928,940
December 31, 2023990$1,143,043$965,834$177,209$2,126,259$26,662$2,099,597
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,901,394
Program service revenue
$0
Investment income
$1,486
Net income from sales of inventory
$429,249
Other revenue
$429,950

Expenses

Grants and similar amounts paid
$559,870
Compensation of officers, directors and key employees
$121,000
Other salaries and wages
$173,493
Salaries, compensation and benefits (total)
$318,311
Professional fundraising fees
$0
Accounting fees
$52,396
Travel
$61,376
Program services (functional)
$1,012,907
Management and general (functional)
$317,560
Fundraising (functional)
$20,349

Balance sheet and other

Total assets, start of year
$2,126,259
Total assets, end of year
$1,948,814
Total liabilities, end of year
$19,874
Net assets, end of year
$1,928,940
Net assets without donor restrictions
$1,928,940
Gross receipts
$2,636,364
Employees
7
Volunteers
40
Year formed
2011
State of legal domicile
ID

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Joy ReyesCEO
Trustee or director, Officer
50$99,000$22,000
Rob WallstromPresident
Trustee or director, Officer
1$0$0
Brian KingTreasurer
Trustee or director, Officer
1$0$0
James SijpheerSecretary
Trustee or director
1$0$0
Reid LehmanDirector
Trustee or director
1$0$0
Vicki RogersDirector
Trustee or director
1$0$0
Stephanie ScheeleDirector
Trustee or director
1$0$0
Michelle BuelowDirector
Trustee or director
1$0$0
Sabra RowleyDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Joy ReyesExecutive Director
Trustee or director, Officer
50$76,100
Reid LehmanBoard Chair
Trustee or director, Officer
1$0
James SijpheerBoard Vice Chair
Trustee or director, Officer
1$0
Brian KingTreasurer
Trustee or director, Officer
1$0
Chris PottBoard Member
Trustee or director
1$0
Stephanie ScheeleBoard Member
Trustee or director
1$0
Vicky RogersBoard Member
Trustee or director
1$0
Rob WallstromBoard Member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
4741 BAYCEDAR LN, SARASOTA, FL 34241-9253
In care of
% JOY REYES
Mailing address (990-N for 2011)
23875 MARKET ROAD, PARMA ID 83660
Principal officer (990 for 2024)
Joy Reyes, 4741 Baycedar Lane, Sarasota, FL 34241
Principal officer (990-N for 2011)
LARRY SORENSON, 23875 MARKET ROAD, PARMA ID 83660
Signed the 990
Joy Reyes, CEO
Phone
(941) 404-6285
Return prepared by
Dogwood CPA Firm

Mission

NEW HOPE GIRLS, INC. EXISTS TO PROVIDE RESCUE, REFUGE AND RESTORATION THROUGH A HOME REFUGE FOR GIRLS AND WORKPLACE FOR WOMEN COMING FROM THE DARKEST OF PLACES. WE FIGHT SEXUAL TOURISM AND EXPLOITATION IN THE DOMINICAN REPUBLIC THROUGH CHRIST CENTERED EDUCATION, ECONOMIC EMPOWERMENT, JUSTICE AND QUALITY AFTERCARE.

990 for the year ended December 31, 2024

Program accomplishments

  • NEW HOPE WORKSHOP: THE WORKSHOP EMPLOYS 18 WOMEN ALLOWING THEM TO PROVIDE FOR THEIR COLLECTIVE 26 CHILDREN WITH HONOR AND DIGNITY. THEY ARE TRAINED TO SEW AND ARE MENTORED IN A SAFE WORK ENVIRONMENT CREATING BEAUTIFUL BAGS THAT ARE SOLD TO FUND THE RESIDENT SAFE HOMES OF NEW HOPE GIRLS. WOMEN GET TO PUT THE WORK OF THEIR HAND TO SHARE A STORY OF TRANSFORMATION AND FUEL THE WORK OF RESCUE AND REFUGE OF YOUNG GIRLS.
    Expenses $559,870 · grants $559,870
  • RESIDENTIAL PROGRAM FOR GIRLS: NEW HOPE GIRLS WALKS WITH GIRLS FROM THE MOMENT OF THEIR RESCUE, THROUGH THEIR JUSTICE PROCESS AND INTO THEIR FINAL PLACEMENT WITH SAFE FAMILY. THEY PROVIDE FOR EACH GIRL'S EVERY NEED AS DAUGHTERS, INCLUDING NUTRITIOUS MEALS IN BEAUTIFUL THERAPEUTIC HOMES WITH TRAUMA INFORMED THERAPY AND ACCESS TO QUALITY EDUCATION AND SUPPORTIVE COMMUNITY. THEY WALK WITH THEM INTO HEALING AND ADULTHOOD ADVOCATING FOR HIGHER EDUCATION OR VOCATIONAL TRAINING SO THEY CAN THRIVE AS YOUNG WOMEN.
    Expenses $385,081
  • MENTORSHIP PROGRAM FOR GIRLS: NEW HOPE WORKS IN IMPOVERISHED COMMUNITIES TO TRAIN AND MENTOR VULNERABLE GIRLS LIVING THERE. THIS OUTREACH HELPS GIRLS ACCESS EDUCATION, PROTECTS THEM FROM EXPLOITATION, DEVELOPS THEM AS LEADERS AND GIVES THEM VISION FOR THEIR FUTURE. MISSION TEAMS FROM CA, US AND THE DR COME TO SERVE WITH THE MINISTRY.
    Expenses $67,956

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-0735926
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,948,814
Income (IRS master file)
$2,636,364

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,332,830$1,350,816$1,948,814XML
990December 2023$1,143,043$965,834$2,126,259XML
990December 2022$1,200,076$899,488$1,942,562IRS
990December 2021–––IRS
990-N for 2011
Officer: LARRY SORENSON
December 31, 2011≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-0735926).

Questions about NUEVA ESPERANZA- NEW HOPE GIRLS INC

What is the EIN of NUEVA ESPERANZA- NEW HOPE GIRLS INC?
The employer identification number (EIN) of NUEVA ESPERANZA- NEW HOPE GIRLS INC is 45-0735926.
Is NUEVA ESPERANZA- NEW HOPE GIRLS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to NUEVA ESPERANZA- NEW HOPE GIRLS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NUEVA ESPERANZA- NEW HOPE GIRLS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NUEVA ESPERANZA- NEW HOPE GIRLS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NUEVA ESPERANZA- NEW HOPE GIRLS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NUEVA ESPERANZA- NEW HOPE GIRLS INC?
The 990 for the year ended December 31, 2024 names Joy Reyes.
Who are the officers and directors of NUEVA ESPERANZA- NEW HOPE GIRLS INC?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $99,000 (Joy Reyes, CEO).
How much revenue does NUEVA ESPERANZA- NEW HOPE GIRLS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,332,830, expenses of $1,350,816 and total assets of $1,948,814 at year end.

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