Hola Cultura
EIN: 464621492 · Washington, DC · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $171K |
| Net Assets | $30K |
Is Hola Cultura Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hola Cultura
Hola Cultura (EIN: 464621492) is a nonprofit organization based in Washington, DC, classified under NTEE code A20. The organization reported total revenue of $126K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hola Cultura's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hola Cultura is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $171K |
| Surplus / Deficit | $-39,510 |
| Total Assets | $30K |
| Net Assets | $30K |
| Operating Margin | -30.2% |
| Months of Reserves | 2.1 months |
Financial Health Grade: C
In 2023, Hola Cultura reported a deficit of $40K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2016–2023), Hola Cultura's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.3% | +8.8% | -56.8% |
| 2022 | +177.4% | +73.8% | +734.7% |
| 2021 | -20.4% | +1.4% | -59.7% |
| 2020 | +77.0% | +82.3% | +46.3% |
| 2019 | +10.3% | -7.6% | +84.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hola Cultura has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hola Cultura with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
Frequently Asked Questions about Hola Cultura
Is Hola Cultura a legitimate charity?
Hola Cultura (EIN: 464621492) is a registered tax-exempt nonprofit based in Washington DC. It has 8 years of IRS 990 filings on record. Total revenue: $126K. No red flags identified. Financial health grade: C.
How does Hola Cultura spend its money?
Hola Cultura reported $126K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hola Cultura tax-deductible?
Hola Cultura is registered as a tax-exempt nonprofit (EIN: 464621492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hola Cultura located?
Hola Cultura is headquartered in Washington, Washington DC and files with the IRS under EIN 464621492. It is classified under NTEE code A20.
How many years of IRS 990 filings does Hola Cultura have?
Hola Cultura has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $126K in total revenue.
Filing History
IRS 990 filing history for Hola Cultura showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Hola Cultura's revenue has grown by 119.9%, moving from $60K to $131K. Total assets increased by 614.1% over the same period, from $4K to $30K. Total functional expenses rose by 203%, from $56K to $171K. In its most recent filing year (2023), Hola Cultura reported a deficit of $40K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $171K | $30K | $0 | — | — |
| 2022 | $216K | $157K | $69K | $0 | — | View 990 |
| 2021 | $78K | $90K | $8K | $0 | — | — |
| 2020 | $98K | $89K | $21K | $0 | — | — |
| 2019 | $55K | $49K | $14K | $0 | — | View 990 |
| 2018 | $50K | $53K | $8K | $0 | — | View 990 |
| 2017 | $38K | $32K | $10K | $0 | — | View 990 |
| 2016 | $60K | $56K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $171K, and assets of $30K (revenue -39.3% year-over-year).
- 2022: Revenue of $216K, expenses of $157K, and assets of $69K (revenue +177.4% year-over-year).
- 2021: Revenue of $78K, expenses of $90K, and assets of $8K (revenue -20.4% year-over-year).
- 2020: Revenue of $98K, expenses of $89K, and assets of $21K (revenue +77.0% year-over-year).
- 2019: Revenue of $55K, expenses of $49K, and assets of $14K (revenue +10.3% year-over-year).
- 2018: Revenue of $50K, expenses of $53K, and assets of $8K (revenue +32.5% year-over-year).
- 2017: Revenue of $38K, expenses of $32K, and assets of $10K (revenue -36.6% year-over-year).
- 2016: Revenue of $60K, expenses of $56K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hola Cultura:
Data Sources and Methodology
This transparency report for Hola Cultura 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.