La Nueva Esperanza
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION PROVIDES FOOD, NUTRITION, AND OUTREACH SERVICES TO COMMUNITIES IN BROOKLYN THAT HAVE A LARGE POPULATION OF SUBSTANCE ABUSE AND HIV/AIDS INFECTED INDIVIDUALS.
- Income
- $1.9 million
- Spending
- $2.0 million
- Spent on programs
- 83%
- Reserves
- 2 months of spending
- Largest source of income
- government grants, 100%
- Employees
- 17
- Highest pay
- $215,519, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 53 out of 100. Higher than 15% of charities in its peer group (diseases, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.0 months of spending.
Debt
5 of 20It owes 58% of what it owns.
Living within its means
8 of 15Spending exceeded income by 5% of income.
Income trend
15 of 15Income rose 5% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 87 out of 100. Higher than 40% of charities in its peer group (diseases, $1m to $10m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $923,668 spent. THIS PROGRAM IS FUNDED BY A GRANT FROM NYC MEDICAL HEALTH RESEARCH ASSOCIATION/PUBLIC HEALTH SOLUTION. ITS A FOOD NUTRITION PROGRAM FOR INDIVIDUALS WITH HIV/AIDS AND PROVIDES BREAKFAST, LUNCH AND DINNNERS MONDAY TO FRIDAY, ALONG WITH PANTRY BAGS THAT CONTAIN ENOUGH FOOD TO LAST OVER THE WEEKENDS.
- $305,733 spent. THIS PROGRAM IS FUNDED BY A GRANT FROM NYS DOH MULTIPLE SERVICE AGENCIES. IT PROVIDES EDUCATIONAL INFORMATION ABOUT HIV/AIDS. IT ALSO SEEKS OUT INDIVIDUALS AND GROUPS WHO ARE AT RISK OF BECOMING INFECTED WITH HIV/AIDS AND EDUCATES THEM ON HOW THE DISEASE IS TRANSMITTED AND WAYS TO MINIMIZE THE RISK OF BECOMING INFECTED WITH IT.
- $228,787 spent. THIS PROGRAM IS FUNDED BY THE NYC DEPT OF HEALTH/PUBLIC HEALTH SOLUTIONS AND ONECITY HEALTH SERVICES. THE ORGANIZATION USES THESE FUNDS TO FULFILL THE NEEDS OR GAPS IN SERVICES OF CASE MANAGEMENT, PRIMARY CARE AND MEDICAL REGIMENS. THE PROGRAM IS TARGETED TOWARDS LATINO AND AFRICAN AMERICANS WHO HAVE ISSUES WITH SUBSTANCE USE, LANGUAGE, LITERACY AND MENTAL ILLNESS.
- $159,736 spent. THIS GRANT IS FUNDED BY OTHER MISCELLANEOUS NYS/NYC AGENCIES. THE FUNDS WERE USED FOR OPERATIONAL EXPENSES FOR THE ORGANIZATIONS CORE HIV PROGRAMS.
- $62,041 spent. THIS PROGRAM IS FUNDED BY THE FUND FOR PUBLIC HEALTH IN NEW YORK, INC. THE FUNDS WERE USED FOR A DRUG OVERDOSE PREVENTION PROGRAM.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.