Nuevas Faces Of Hope Inc
Nuevas Faces Of Hope Inc shows strong asset growth and zero executive compensation amidst fluctuating revenue and expenses.
EIN: 134210550 · Paradise Vly, AZ · NTEE: L20 · Updated: 2026-03-28
Is Nuevas Faces Of Hope Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nuevas Faces Of Hope Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nuevas Faces Of Hope Inc
Nuevas Faces Of Hope Inc (EIN: 134210550) is a nonprofit organization based in Paradise Vly, AZ, classified under NTEE code L20. The organization reported total revenue of $403K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nuevas Faces Of Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nuevas Faces Of Hope Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nuevas Faces Of Hope Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries. This suggests a volunteer-led model, which is highly efficient in terms of donor fund allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nuevas Faces Of Hope Inc's IRS 990 filings:
- Inconsistent expense patterns relative to revenue (e.g., $15,180 expenses on $500,000 revenue in 2021), which could indicate funds being held rather than immediately deployed for programs or significant non-cash contributions/expenses not fully detailed.
- Periods of zero reported revenue, which could indicate reliance on sporadic large donations or grants.
Strengths
The following positive indicators were identified for Nuevas Faces Of Hope Inc:
- Strong asset growth, reaching over $1 million in the latest period ($1,053,691).
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Low liabilities across all reported periods, suggesting sound financial management and minimal debt.
- Significant revenue generation in recent years, demonstrating fundraising capacity.
Frequently Asked Questions about Nuevas Faces Of Hope Inc
Is Nuevas Faces Of Hope Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nuevas Faces Of Hope Inc (EIN: 134210550) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Nuevas Faces Of Hope Inc spend its money?
Nuevas Faces Of Hope Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nuevas Faces Of Hope Inc tax-deductible?
Nuevas Faces Of Hope Inc is registered as a tax-exempt nonprofit (EIN: 134210550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nuevas Faces Of Hope Inc a good charity?
Based on the available data, Nuevas Faces Of Hope Inc appears to be a financially sound organization with strong asset growth and a commitment to not paying officer compensation. This suggests a high degree of efficiency in terms of executive salaries. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a clearer picture of its overall effectiveness.
How has Nuevas Faces Of Hope Inc's revenue changed over time?
The organization's revenue has been highly variable, with significant spikes of $500,000 in 2021 and $150,000 in both 2022 and 2023, following several years of $0 revenue. The latest reported revenue is $150,000 for the period 202312.
What is the trend in Nuevas Faces Of Hope Inc's assets?
Nuevas Faces Of Hope Inc has shown significant asset growth, increasing from $49 in 2011 to $1,053,691 in the latest period. This indicates strong financial accumulation and stability.
Does Nuevas Faces Of Hope Inc pay its officers?
No, Nuevas Faces Of Hope Inc consistently reports 0% officer compensation across all available IRS 990 filings, indicating a volunteer-driven leadership structure.
What was the organization's highest revenue year?
The organization's highest reported revenue year was 2021, with $500,000.
Filing History
IRS 990 filing history for Nuevas Faces Of Hope Inc showing financial trends over 10 years of public records:
Total assets increased by 1714600% over the same period, from $49 to $840K. Total functional expenses rose by 56497.5%, from $400 to $226K. In its most recent filing year (2023), Nuevas Faces Of Hope Inc reported a deficit of $76K, with expenses exceeding revenue. The organization holds $1 in liabilities against $840K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $840K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $226K | $840K | $1 | — | — |
| 2022 | $150K | $95K | $917K | $1 | — | View 990 |
| 2021 | $500K | $15K | $861K | $1 | — | View 990 |
| 2019 | $0 | $16K | $34K | $10K | — | View 990 |
| 2018 | $50K | $1K | $50K | $9K | — | View 990 |
| 2015 | $0 | $425 | $49 | $7K | — | View 990 |
| 2014 | $0 | $425 | $49 | $6K | — | View 990 |
| 2013 | $0 | $410 | $49 | $6K | — | View 990 |
| 2012 | $0 | $410 | $49 | $5K | — | View 990 |
| 2011 | $0 | $400 | $49 | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $226K, and assets of $840K (revenue +0.0% year-over-year).
- 2022: Revenue of $150K, expenses of $95K, and assets of $917K (revenue -70.0% year-over-year).
- 2021: Revenue of $500K, expenses of $15K, and assets of $861K.
- 2019: Revenue of $0, expenses of $16K, and assets of $34K (revenue -100.0% year-over-year).
- 2018: Revenue of $50K, expenses of $1K, and assets of $50K.
- 2015: Revenue of $0, expenses of $425, and assets of $49.
- 2014: Revenue of $0, expenses of $425, and assets of $49.
- 2013: Revenue of $0, expenses of $410, and assets of $49.
- 2012: Revenue of $0, expenses of $410, and assets of $49.
- 2011: Revenue of $0, expenses of $400, and assets of $49.
Data Sources and Methodology
This transparency report for Nuevas Faces Of Hope Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.