2024-04-10T14:30:05-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 825510616 NIDO DE ESPERANZA CHARITABLE SOCIETY NIDO 6463681117 4111 BROADWAY NEW YORK NY 10033 HOLLY FOGLE PRESIDENT AND CO-EXECUTIVE DIRECTOR 6463681117 2024-04-10 1 HOLLY FOGLE 999009999 0 EVA MRUK P00543254 2122862600 2024-04-10 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z HOLLY FOGLE 4111 BROADWAY NEW YORK NY 10033 1960989 0 X NIDODEESPERANZANYC.ORG X 2018 DE TO BREAK THE CYCLE OF POVERTY BY CHANGING THE FIRST 1,000 DAYS OF A CHILD'S LIFE. 6 6 11 98 0 0 1502520 1712334 0 0 0 -2345 0 0 1502520 1709989 489369 593794 0 0 540832 683942 0 23500 29751 202246 276067 1232447 1577303 270073 132686 699055 777529 121648 43200 577407 734329 X NIDO DE ESPERANZA IS A NON-PROFIT ORGANIZATION THAT SEEKS TO BREAK THE CYCLE OF POVERTY BY CHANGING THE FIRST 1,000 DAYS OF A CHILD'S LIFE. 0 0 1396727 593794 0 THE ORGANIZATION WORKS WITH FAMILIES FROM PREGNANCY THROUGH PRE-K/HEAD START PLACEMENT, TAKING A HOLISTIC APPROACH (MIND, BODY, SOUL) THAT SUPPORTS BOTH THE CHILD AND THE PARENTS. THE ORGANIZATION PROVIDES PERSONALIZED PARENTING SUPPORT THROUGH MENTORING AND EDUCATING PARENTS, INCLUDING INSTRUCTION BY VARIOUS HEALTH CARE PROFESSIONALS, AND BUILDS DEEP COMMUNITY CONNECTIONS BETWEEN FAMILIES THROUGH WEEKLY GROUP MEETINGS. THE ORGANIZATION RECOGNIZES THE CRITICAL TIME OF PREGNANCY AND WORKS WITH MOTHERS TO PROVIDE ASSISTANCE IN SUCH AREAS AS NUTRITION SUPPORT, ACCESS TO MEDICAL CARE, AND PREPARATION OF BIRTHING PLANS. RECOGNIZING THE IMPORTANCE OF LITERACY AND ITS IMPACT ON BREAKING THE CYCLE OF POVERTY, THE ORGANIZATION PROVIDES BOOKS AND READING SUPPORT GROUPS FOR FAMILIES. THE ORGANIZATION ALSO SUPPORTS FAMILIES THROUGH MATERIAL ASSISTANCE, ESPECIALLY ITEMS ESSENTIAL IN THE FIRST 1,000 DAYS OF A CHILD'S LIFE SUCH AS DIAPERS, FORMULA, FOOD, CLOTHING, AND BABY EQUIPMENT. THE ORGANIZATION CONTINUES TO FLOURISH, AS EVIDENCED BY THE INCREASED NUMBER OF FAMILIES SERVED, THE LARGEST GRADUATING CLASS (32 THREE YEAR-OLDS DURING 2023), AND THE EXPANDED SCOPE OF SERVICES PROVIDED TO FAMILIES. THE NEW PRENATAL WELLNESS CENTER WAS CREATED IN 2022 TO INTERVENE AND SUPPORT FAMILIES EVEN EARLIER IN THEIR PARENTING JOURNEY. DURING FISCAL 2023, THE ORGANIZATION HAS INTENSIVELY SERVED 35 PREGNANT MOTHERS. IN-KIND CONTRIBUTIONS, SO ESSENTIAL TO THE ORGANIZATION'S OPERATIONS AND THE PROVISION OF MATERIAL ASSISTANCE AND SERVICES TO FAMILIES, INCREASED BY 20% IN THE PAST YEAR AS A RESULT OF STRENGTHENED RELATIONSHIPS IN THE COMMUNITY AND WITH OTHER ORGANIZATIONS. THE ORGANIZATION IS POISED TO SERVE MORE FAMILIES IN THE COMING YEAR WITH THE CONTINUED INVESTMENT IN THE PROFESSIONAL TEAM AND COMMUNITY RELATIONSHIPS. WHILE THE ORGANIZATION'S MISSION IS TO BREAK THE CYCLE OF POVERTY BY CHANGING THE FIRST 1,000 DAYS OF A CHILD'S LIFE, IT ALSO SEEKS TO HAVE A GREATER IMPACT ON THE FAMILIES SERVED. 1396727 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NY CA FL GA NJ X X X HOLLY FOGLE 6463681117 4111 BROADWAY NEW YORK NY 10065 HOLLY FOGLE PRESIDENT & CO-EXEC. DIRECTOR 25.00 X X 0 0 0 REV DR ERIC PARK CHAIRMAN & VICE PRES. EFF. 2/22/23 1.00 X X 0 0 0 REV DR STEPHEN BAUMAN CHAIRMAN & PRESIDENT THRU 2/22/23 1.00 X X 0 0 0 MARSHA ASKINS SECRETARY 1.00 X X 0 0 0 RICK KETCHUM TREASURER 1.00 X X 0 0 0 GABY PENA FRAGA DIRECTOR 0.50 X 0 0 0 DAMIEN RIOS DIRECTOR 0.50 X 0 0 0 GISSELLE PARDO CO-EXECUTIVE DIRECTOR 24.00 X 87634 0 2851 87634 0 2851 0 0 0 0 0 1712334 547283 1712334 248655 251000 -2345 -2345 -2345 1709989 0 0 -2345 34178 34178 559616 559616 90317 81285 9032 478451 418030 57631 2790 11065 10425 624 16 55943 52265 3614 64 48166 42366 5567 233 40225 40225 379 379 16270 16270 23500 23500 8254 371 7883 15265 10848 3293 1124 61430 59000 511 1919 22754 21895 831 28 1524 1524 4956 4400 534 22 3620 3177 425 18 6750 5267 1454 29 PROGRAM OPERATIONS 76203 73847 2356 TRAINING & DEVELOPMENT 16766 16766 EQUIPMENT RENTAL 1671 1467 196 8 1577303 1396727 150825 29751 339995 314557 108100 156445 3828 35505 20491 6174 12318 14317 234814 256705 699055 777529 14648 43200 107000 0 121648 43200 X 577407 655573 0 78756 577407 734329 699055 777529 132686 24236 0 X X 0 1 X 0 0 X 766888 542265 1011722 1502520 1712334 5535729 766888 542265 1011722 1502520 1712334 5535729 46630 5489099 5535729 0.99160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6550 978 5572 13941 5196 8745 14317 MULTIPLE ASSET FUND OF FUNDS 256705 F 256705 X 2143314 24236 409089 433325 1709989 0 1709989 1986392 409089 409089 1577303 0 1577303 PART X, LINE 2: THE ORGANIZATION OPERATES AS A NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES; ACCORDINGLY, NO PROVISION IS MADE FOR CURRENT OR DEFERRED INCOME TAXES. MANAGEMENT HAS DETERMINED THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. PERIODS SINCE INCEPTION REMAIN OPEN TO EXAMINATION. X X X 1 VICTOR INZUNZA 1815 NEMOKE COURT HASLETT MI 48840 GRANT WRITER 0 224750 23500 201250 224750 23500 201250 CA FL GA NJ NY 1 HOLYROOD EPISCOPAL CHURCH 715 WEST 179TH STREET NEW YORK NY 10033 131844844 501(C)(3) 0 7366 FMV FOOD, BAY FORMULA, DIAPERS, BABY EQUIP & SUPPLIES, CLOTHING TO SUPPORT FAMILIES WITH ESSENTIAL ITEMS FOR INFANTS AND CHILDREN CHRIST CHURCH WASHINGTON HEIGHTS 4111 BROADWAY NEW YORK NY 10033 131623936 501(C)(3) 0 11143 FMV FOOD, BAY FORMULA, DIAPERS, BABY EQUIP & SUPPLIES, CLOTHING TO SUPPORT FAMILIES WITH ESSENTIAL ITEMS FOR INFANTS AND CHILDREN MEXICANA COALITION 389 EAST 150TH STREET BRONX NY 10455 462463951 501(C)(3) 0 15669 FMV FOOD, BAY FORMULA, DIAPERS, BABY EQUIP & SUPPLIES, CLOTHING TO SUPPORT FAMILIES WITH ESSENTIAL ITEMS FOR INFANTS AND CHILDREN 3 0 HEALTHCARE ASSISTANCE 50 10000 FINANCIAL ASSISTANCE 38 19000 CHILDREN'S SUPPLIES 95 480890 FMV FOOD, BABY FORMULA, DIAPERS, HYGIENE SUPPLIES, BABY EQUIP & SUPPLIES, CLOTHING, CHILDREN'S BOOKS & TOYS PART I, LINE 2: GRANTS TO ORGANIZATIONS: NONCASH NECESSITIES AND ESSENTIALS FOR INFANT AND CHILD CARE (TOTALLING $34,177) WERE PROVIDED TO THREE CHARITABLE GRANTEE ORGANIZATIONS FOR DISTRIBUTION TO INDIVIDUALS AND FAMILIES IN NEED, WHICH ARE REPORTED ON SCHEDULE I, PART II. GRANTS AND ASSISTANCE TO INDIVIDUALS: INDIVIDUALS RECEIVING ASSISTANCE ARE LIVING BELOW THE POVERTY LEVEL, EXPERIENCING FOOD AND LODGING INSECURITY, AND HAVE GREAT DIFFICULTY PROVIDING FOR THE ESSENTIALS NEEDED FOR BABIES AND YOUNG CHILDREN (E.G., DIAPERS, BABY FORMULA AND FOOD, BABY EQUIPMENT AND SUPPLIES, CLOTHING, HYGIENE PRODUCTS, BOOKS, ETC.). DISTRIBUTIONS OF NON-CASH ASSISTANCE TO THOSE IN NEED WERE PROVIDED ON A TWICE-MONTHLY OR AS NEEDED BASIS FOR CERTAIN ITEMS. SINCE MANY HAVE JOBS WITH NO BENEFITS AND RECEIVE NO COMPENSATION FOR DAYS NOT WORKED DUE TO ILLNESS (SELF OR CHILD), CASH ASSISTANCE WAS PROVIDED FOR MEDICINE, FOOD, HYGIENE PRODUCTS, AND OTHER ESSENTIALS DURING DECEMBER 2022. A TOTAL AMOUNT OF $200 WAS PROVIDED TO EACH RECIPIENT, ALL OF WHOM WERE PARTICIPANTS IN THE ORGANIZATION'S PROGRAMS. FUNDS WERE PROVIDED BY A DONOR FOR THE PURPOSE OF ESTABLISHING INDIVIDUAL $500 BANK SAVINGS ACCOUNTS FOR CHILDREN PARTICIPATING IN NIDO DE ESPERANZA PROGRAMS. X 3000 COST X 148023 COST X 10473 295794 COST X DIAPERS & SUPPLIES 33339 41331 COST X BABY EQUIPMENT & SUPPLIES 1256 33020 COST X TOYS 3287 26115 COST 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS CONTRIBUTED IN PART 1, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 3 IN FISCAL YEAR 2023 THE ORGANIZATION ENGAGED AN INDEPENDENT CONSULTANT, KATHLEEN JONES, TO PROVIDE FINANCIAL MANAGEMENT SERVICES. THE ORGANIZATION PAID $40,225 FOR HER SERVICES IN FISCAL YEAR 2023. FORM 990, PART VI, SECTION A, LINE 8B EFFECTIVE JULY 2023 THE BOARD AGREED THAT THE ENTIRE BOARD COULD SERVE AS THE FINANCE/AUDIT/INVESTMENT COMMITTEE GIVEN THE BOARD'S SMALL SIZE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE ORGANIZATION'S PRESIDENT AND CO-EXECUTIVE DIRECTOR AND AN OUTSIDE CONSULTANT. IT IS THEN SENT TO THE MEMBERS OF THE AUDIT & FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL. ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS RECEIVE A COMPLETE COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH COVERS BOARD MEMBERS AND OFFICERS. IN JANUARY/FEBRUARY OF EACH YEAR, ALL EMPLOYEES, BOARD MEMBERS, AND OFFICERS MUST READ AND SIGN THE CONFLICT OF INTEREST POLICY, AS WELL AS COMPLETE AN ANNUAL DISCLOSURE STATEMENT. IF A CONFLICT IS TO ARISE, THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION HE/SHE MUST LEAVE THE MEETING WHILE THE DETERMINATION OF THE CONFLICT IS DISCUSSED AND VOTED UPON. IF APPROPRIATE, THE COMMITTEE APPOINTS A DISINTERESTED PERSON TO INVESTIGATE ALTERNATIVES TO THE CONFLICT. IF IT IS DETERMINED A CONFLICT EXISTS, THE INDIVIDUAL DOES NOT PARTICIPATE IN ANY DISCUSSION OF, OR ACTION ON, THE TRANSACTION OR ISSUE THAT IS SUBJECT TO THE CONFLICT. THE MINUTES OF THE GOVERNING BOARD INCLUDES THE NAMES OF PERSONS WHO DISCLOSED OR WERE FOUND TO HAVE A CONFLICT OF INTEREST, THE NATURE OF THE INTEREST, ANY ACTION TAKEN, AND THE BOARD'S DECISION AS TO WHETHER A CONFLICT IN FACT EXISTED. THE NAMES OF THE PERSONS PRESENT FOR THE DISCUSSIONS AND VOTES RELATING TO THE CONFLICT, CONTENT OF THE DISCUSSION, ANY ALTERNATIVES TO THE PROPOSED CONFLICT, AND RECORD OF VOTES TAKEN ARE ALSO INCLUDED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15A ANNUAL COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR, GISSELLE PARDO, WAS BASED ON COMPARABLE DATA FOR SIMILAR ORGANIZATIONS IN NYC AND WAS APPROVED BY THE BOARD. THE PROCESS LAST OCCURRED IN 2023 AND WAS DOCUMENTED IN THE MINUTES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT & FINANCE COMMITTEE WHICH IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.