Hola Ohio
EIN: 832039252 · Painesville, OH · NTEE: S19
Is Hola Ohio Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hola Ohio
Hola Ohio (EIN: 832039252) is a nonprofit organization based in Painesville, OH, classified under NTEE code S19. The organization reported total revenue of $425K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hola Ohio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Hola Ohio 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 Ohio 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.
Frequently Asked Questions about Hola Ohio
Is Hola Ohio a legitimate charity?
Based on AI analysis of IRS 990 filings, Hola Ohio (EIN: 832039252) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hola Ohio spend its money?
Detailed spending breakdown data is not yet available for Hola Ohio. Check back for updated IRS 990 analysis.
Are donations to Hola Ohio tax-deductible?
Hola Ohio is registered as a tax-exempt nonprofit (EIN: 832039252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Hola Ohio showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Hola Ohio's revenue has declined by 16.6%, moving from $523K to $436K. Total assets increased by 1139.6% over the same period, from $218K to $2.7M. Total functional expenses rose by 17.3%, from $306K to $358K. In its most recent filing year (2023), Hola Ohio reported a surplus of $78K, with revenue exceeding expenses. The organization holds $444K in liabilities against $2.7M in assets (debt-to-asset ratio: 16.5%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $436K | $358K | $2.7M | $444K | — | — |
| 2022 | $962K | $406K | $2.6M | $444K | — | View 990 |
| 2021 | $997K | $241K | $1.9M | $301K | — | View 990 |
| 2020 | $894K | $285K | $910K | $45K | — | — |
| 2019 | $269K | $232K | $255K | $-387 | — | View 990 |
| 2018 | $523K | $306K | $218K | $275 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $436K, expenses of $358K, and assets of $2.7M (revenue -54.6% year-over-year).
- 2022: Revenue of $962K, expenses of $406K, and assets of $2.6M (revenue -3.6% year-over-year).
- 2021: Revenue of $997K, expenses of $241K, and assets of $1.9M (revenue +11.5% year-over-year).
- 2020: Revenue of $894K, expenses of $285K, and assets of $910K (revenue +231.9% year-over-year).
- 2019: Revenue of $269K, expenses of $232K, and assets of $255K (revenue -48.5% year-over-year).
- 2018: Revenue of $523K, expenses of $306K, and assets of $218K.
Data Sources and Methodology
This transparency report for Hola Ohio 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.