NEW ECONOMICS FOR WOMEN Charity Report

Public IRS 990 nonprofit record

NEW ECONOMICS FOR WOMEN

EIN 95-3969029 · Housing & Shelter (L210)

What they do

NEW ECONOMICS for WOMEN HELPS WOMEN FROM UNDERSERVED COMMUNITIES IN SOUTHERN CALIFORNIA PAVE THE WAY to PEACE of MIND, PROSPERITY ANDPROMISE BY PROVIDING AN UNRIVALED LEVEL of COMPREHENSIVE, PERSONALIZED SUPPORT, ACCESS to A CONTINUUM of RESOURCES and BY BUILDING INTENTIONAL COMMUNITIES WHERE FAMILIES RECEIVE EVERYTHING THEY NEED SO THAT THEY CAN THRIVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

72.65%of revenue went to mission work80.6% of expenses · Program services

2.49%of revenue went to fundraising2.8% of expenses

$90.19spent for every $100 of revenueRevenue covered expenses this year.

15.04%of revenue went to management and office costs16.7% of expenses

$2.72in assets for every $1 spent this yearSome assets cannot be spent right away.

87.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $167,500 for LETICIA ANDUEZA (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,144,801

Mission workProgram services$8,823,58872.65% of revenue80.6% of expenses

ManagementOffice and general costs$1,826,40715.04% of revenue16.7% of expenses

FundraisingAsking for donations$302,9342.49% of revenue2.8% of expenses

Revenue left after expensesReported annual surplus$1,191,8729.81% of revenueShown in gray on the chart

Total expenses$10,952,92990.19% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.6% mission · 16.7% management · 2.8% fundraisingTotal expenses: 90.19% of revenue

2023Expense mix: 80.8% mission · 17.0% management · 2.2% fundraisingTotal expenses: 124.15% of revenue

2022Expense mix: 80.1% mission · 18.7% management · 1.1% fundraisingTotal expenses: 118.94% of revenue

2021Expense mix: 83.8% mission · 14.2% management · 2.0% fundraisingTotal expenses: 85.24% of revenue

2020Expense mix: 84.7% mission · 12.7% management · 2.6% fundraisingTotal expenses: 84.10% of revenue

2019Expense mix: 81.4% mission · 16.3% management · 2.3% fundraisingTotal expenses: 110.56% of revenue

2018Expense mix: 85.1% mission · 14.1% management · 0.8% fundraisingTotal expenses: 122.58% of revenue

2017Expense mix: 85.1% mission · 13.6% management · 1.3% fundraisingTotal expenses: 76.76% of revenue

Money in and money out

Revenue$12,144,801

Expenses$10,952,929

Annual surplus $1,191,872 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$8,823,588 · 80.6% of expenses

Management and office costs$1,826,407 · 16.7% of expenses

Fundraising$302,934 · 2.8% of expenses

See all reported dollar amounts

Revenue$12,144,801

Expenses$10,952,929

Assets$29,745,453

Income$12,144,801

Contributions$10,600,701

Mission work (program services)$8,823,588

Fundraising$302,934

Management and general$1,826,407

Executive compensation (total)$129,717

Accounting fees$323,292

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LETICIA ANDUEZACHIEF EXECUTIVE OFFICER · 40 hrs/week $167,500Base $164,150 · Other $3,350

CONNIE JONG SOOK HWANGFUND DEVELOPMENT DIRECTOR · 40 hrs/week $154,080

IRMA L ALCOCERPROGRAM DIRECTOR · 40 hrs/week $122,829Base $118,595 · Other $4,234

YESENIA MEDINASR. DIRECTOR OF PROGRAMS · 40 hrs/week $117,391Base $116,191 · Other $1,200

ANNA MARIA FELCYNSR. DIRECTOR OF PROGRAMS · 40 hrs/week $116,083Base $115,016 · Other $1,067

CARMEN LUNAPROGRAM DIRECTOR · 40 hrs/week $114,747Base $112,547 · Other $2,200

MAGDALENA CERVANTESEXECUTIVE DIRECTOR · 40 hrs/week $108,235Base $99,335 · Other $8,900

RUTH GARCIA-CORRALESPROGRAM DIRECTOR · 40 hrs/week $106,261

MARTHA HERNANDEZ-VILLATOROCHIEF OPERATING OFFICER · 40 hrs/week $105,903

MICHELLE REYESDIRECTOR OF OPERATIONS · 40 hrs/week $96,614Base $94,614 · Other $2,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

LETICIA ANDUEZACHIEF EXECUTIVE OFFICER

CONNIE JONG SOOK HWANGFUND DEVELOPMENT DIRECTOR

IRMA L ALCOCERPROGRAM DIRECTOR

YESENIA MEDINASR. DIRECTOR OF PROGRAMS

ANNA MARIA FELCYNSR. DIRECTOR OF PROGRAMS

CARMEN LUNAPROGRAM DIRECTOR

MAGDALENA CERVANTESEXECUTIVE DIRECTOR

RUTH GARCIA-CORRALESPROGRAM DIRECTOR

MARTHA HERNANDEZ-VILLATOROCHIEF OPERATING OFFICER

MICHELLE REYESDIRECTOR OF OPERATIONS

ANDREW CHENGVICE PRESIENT

WELTON SMITHBOARD MEMBER

STACEY BRENNERBOARD MEMBER

ROBERT MORALESBOARD MEMBER

NILDA RUIZBOARD MEMBER

MIGUEL ESCOBARTREASURER

MARIA L GARCIABOARD MEMBER

ANTONIO MANNINGBOARD MEMBER

JOAN KRADINBOARD MEMBER

BEATRIZ OLVERA STOTZERBOARD CHAIR

BELINDA BARRAGANSECRETARY

CHRISTIAN SANCHEZBOARD MEMBER

About this charity

Recognized since: January 1985
Location: 303 LOMA DR, LOS ANGELES, CA 90017-1103
County: Los Angeles
In care of: LETICIA ANDUEZA
Primary officer: LETICIA ANDUEZA, CEO

How to reach them

Phone(213) 483-2060

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KELLER AND ASSOCIATES LLP
NTEE classification: Housing & Shelter (L210)
IRS tax category: Other Community Housing Services