Promotes Christian teaching using advanced communication technology.
For fiscal year 2024 it reported $7.1M in revenue, $7.0M in expenses, and $8.3M in net assets.Pt I
Where the money goes · FY2024
Total revenue
$7.1M
Pt VIII · Ln 12
Total expenses
$7.0M
Pt IX · Ln 25
Net assets
$8.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $99K
Where spending went · Part IX cols B–D
62%
20%
18%
Program services $0.62 Management & general $0.20 Fundraising $0.18
Surplus margin
+1%
revenue over expenses, this year▲ +193% vs prior filing year
Revenue trend
+4%
avg. annual growth over 5 years
Donor-funded
77%
of revenue is gifts & grants▼ -2% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$7.1M
FY2024▲ +5%
$7.1M$3.6M$0
FY2020FY2024
Expenses
$7.0M
FY2024▲ +2%
$7.0M$3.5M$0
FY2020FY2024
Total assets
$8.4M
FY2024▲ +1%
$9.1M$4.6M$0
FY2020FY2024
Total liabilities
$99K
FY2024▲ +4%
$590K$295K$0
FY2020FY2024
Total revenue
$7.1M
Pt VIII · Ln 12
Total expenses
$7.0M
Pt IX · Ln 25
Net assets
$8.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$99K
Total assetsPt X · Ln 16$8.4M
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III
Where the work happens
1 program service account for $4.1M of program spending, described in the organization's own filed words · FY2023.
01
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…
Rene Heredia’s $330K as Executive Dir.
is at the 97th percentile of top reported officer pay among 3916 $1–10M arts & culture 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 · 2 named individuals · Part VII
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.
Individual — · Reported title — · Highest reported compensation — · Total expenses $7.0M
No individual compensation reported on this filing
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $7.0M
—
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
62%
—
—
Overhead ratio
20%
—
—
Fundraising cost ratio
24%
—
—
Revenue growth
5%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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