Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1989.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
48 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
18 people listed on the 990; $1.4M paid to officers and key staff.
Reverend Luis Cortes JR’s $396K as President & CEO is at the 85th percentile of top reported officer pay among 414 $10–100M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Reverend Luis Cortes JR | $396,023 | $396,023 | $334,132 | — | $265,199 | $293,065 |
| The Rev Luis a Cortes JR | — | — | — | $344,391 | — | — |
| Reverend Danny Cortes | $275,432 | $256,777 | $237,897 | — | $227,910 | $127,642 |
| Matthew M Lentz | $233,354 | — | — | — | — | — |
| Rev Danny Cortes | — | — | — | $230,335 | — | — |
| Walter Toliver | $201,320 | $194,625 | $183,327 | $167,170 | $168,467 | $147,992 |
| Rinku Modi | — | — | $166,962 | — | — | — |
| Earline Williams | — | — | — | — | — | $150,298 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Nueva Esperanza INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Strengthens Hispanic faith and community-based organizations through capacity building, higher education, national program coordination, and culturally relevant educational resources.
Questions for Nueva Esperanza INC
Your first name shows with your question. Nueva Esperanza INC answers here, for everyone.
Education
Esperanza college, a branch campus of eastern university, is the only hispanic serving institution (hsi) in pa and the only program of its kind in the country where students study in spanish, while learning english. Upon earning their associate degrees, students are prepared to transfer to four-year colleges and universities.
National
Esperanza works partially as an intermediary between government agencies and hispanic faith and community-based organizations. Together with over 10,000 hispanic churches and organizations, esperanza has emerged as a leading voice for hispanics of faith in the nation.
Impacto Ads
Esperanza provides the hispanic community with relevant information and content to promote community cultural, educational, and economic growth.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
Plus 2 smaller programs.
The auditor reported no findings.
Plus 4 smaller programs.
The auditor reported no findings.
The auditor reported 2 findings: a weakness in money controls.
Plus 1 smaller program.
The auditor reported 4 findings: a weakness in money controls.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $10.3M | $14.1M |
| InvestmentsLn 11–13 | $0 | $0 |
| Land, buildings, equipmentLn 10c | $1.7M | $1.6M |
| Total assetsLn 16 | $44.5M | $53.3M |
| LiabilitiesLn 26 | $28.0M | $38.3M |
| Net assetsLn 32 | $16.5M | $15.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2.0M | $2.0M | ||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $859K | $859K | ||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $4.7M | $2.2M | $2.2M | $280K |
| Pension plan contributionsLn 8 | $110K | $48K | $55K | $7K |
| Other employee benefitsLn 9 | $653K | $336K | $268K | $48K |
| Payroll taxesLn 10 | $349K | $152K | $175K | $22K |
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $3K | $193 | $2K | $182 |
| Accounting feesLn 11c | $279K | $20K | $240K | $19K |
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $1.5M | $106K | $1.2M | $100K |
| Advertising and promotionLn 12 | $0 | |||
| Office expensesLn 13 | $646K | $915K | −$281K | $12K |
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $1.4M | $1.1M | $303K | $15K |
| TravelLn 17 | $46K | $28K | $17K | $793 |
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $193K | $52K | $139K | $2K |
| InterestLn 20 | $237K | $306 | $236K | |
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $112K | $75K | $37K | |
| InsuranceLn 23 | $454K | $364K | $90K | |
| Other expenses (24a–d)Ln 24 | $2.1M | $92K | $2.0M | |
| Total functional expensesLn 25 | $15.7M | $7.5M | $7.7M | $506K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS May 15, 2026 | $18.0M | $16.7M | $1.3M | $16.3M | 990 PDF |
| FY2024 ViewingFiled with the IRS May 13, 2025 | $14.2M | $15.7M | −$1.5M | $15.0M | 990 PDF |
| FY2023Filed with the IRS May 8, 2024 | $13.5M | $13.0M | $448K | $16.5M | 990 PDF |
| FY2022Filed with the IRS May 13, 2023 | $11.9M | $10.1M | $1.7M | $16.0M | 990 PDF |
| FY2021Filed with the IRS May 11, 2022 | $12.2M | $8.5M | $3.7M | $14.3M | 990 PDF |
| FY2020Filed with the IRS May 17, 2021 | $11.0M | $8.7M | $2.3M | $10.6M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $14,160,091 revenue, 12 lines filed
Part VI · Governance 11 of 12 board members independent, 1 to look at
Part VIII · Statement of revenue $14,160,091 across 13 lines filed
Part IX · Statement of functional expenses $15,667,637 across 30 lines filed
Part X · Balance sheet $53,277,636 assets, 24 lines filed
Part XI · Reconciliation of net assets $14,991,423 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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