Ohio Foreign Language Association EIN 31-0913469 Form 990 (PDF) Claim this org

Ohio Foreign Language Association

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Ohio Foreign Language Association is an education nonprofit based in Toledo, OH, formed in 1977. For fiscal year 2024 it reported $293K in revenue, $218K in expenses, and $160K in net assets.Pt I

Founded
1977
Type
Public charity (501(c)(3)) · Education
Location
Toledo, OH
Website
owlaohio.org
Filings
5 on file (2020–2024)
Revenue
$293KFY2024
Expenses
$218K
Net assets
$160K
People
19
Filings
5
Updates
0
More identity details & actions ⌄
EIN  31-0913469 Public charity (501(c)(3)) Toledo, OH Founded 1977
Form 990 (PDF)
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Size
$100K–1M
What they do
an education nonprofit
Leadership
Megan Brady · President
Money in and out
$293K revenue, $218K expenses
Bottom line
85% program efficiency
Where the money goes · FY2024
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$218K
Pt IX · Ln 25
Net assets
$160K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $75K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs
Operating runway
8.8mo
months of highly liquid reserves at operating expense rate▲ +4% vs prior filing year
Surplus margin
+25%
revenue over expenses, this year▲ +169% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$293K
FY2024▲ +231%
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$218K
Pt IX · Ln 25
Net assets
$160K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$75K
Total assetsPt X · Ln 16$160K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COhio Foreign Language Association
EINHdr · item D31-0913469
Principal addressHdr · item CToledo, OH
WebsiteHdr · item Jowlaohio.org
Year of formationHdr · item L1977
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99C)
Ruling yearIRS BMFMay 1978

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Recorder
$0Pt VII · Sec A
Beginning Teacher Chair
$0Pt VII · Sec A
Professional Development
$0Pt VII · Sec A
PR and Advocacy
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $186K of program spending, described in the organization's own filed words · FY2024.
01

A camp is held annually where campers may choose from a variety of world laguages for a week of language and cultural fun. Ohio teachers of these languages, assisted by pre-service university students and high school 3RD and 4TH year language students, lead the camp.

$107Kprogram expense
02

A conference is held annually to gather and participate in various training sessions and workshops designed to enhance the professional development of the members of ofla.

$51Kprogram expense
03

Regional professional development opportunities are given in the form of three to five hour workshops conducted at various locations throughout the year on topics such as writing integrated performance assessments (ipa), teaching in the target language 90% of the time, comprehensible input, project based learning, and integrating…

$27Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$256K · 87%
Contributions & grants$34K · 12%
Other revenue$3K · 1%
Program service revenue87%$256K
Contributions & grants12%$34K
Other revenue1%$3K
Investment income$12
Total revenueLn 12$293K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$186K
Management & general15%$33K
Total functional expensesLn 25$218K

Balance Sheet

Part X · end of year
CashLn 1$160K
Total assetsLn 16$160K
Total liabilitiesLn 26$0
Total net assetsLn 32$160K
Months of cash on handcomputed8.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $160K · Operating expenses/yr $218K
8.8 months
Where the money goes
Program services
Program services $186K · Total expenses $218K
85%
Management & General
Management & general $33K · Total expenses $218K
15%
Fundraising
Fundraising $0 · Total expenses $218K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $34K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $34K · Total revenue $293K
12%
Government reliance
Government grants — · Total revenue $293K
Earned-income share
Program service revenue $256K · Total revenue $293K
87%
Investment reliance
Investment income $12 · Total revenue $293K
<0.01%
Program self-sufficiency
Program service revenue $256K · Total expenses $218K
117%
Growth & trend
Revenue growth (YoY)
This year $293K · Prior year $88K
+231%
Revenue CAGR
FY2019 $68K · FY2024 $293K
+34%
Net-asset trend (YoY)
End of year $160K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $293K · Expenses $218K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $160K
Net-asset ratio
Net assets $160K · Total assets $160K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $160K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Megan Brady · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $218K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $218K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Revenue growth 231%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$1K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$88K revenue · ⤓ 990 PDF
FY2023$53K revenue · ⤓ 990 PDF
FY2022$38K revenue · ⤓ 990 PDF
FY2021$51K revenue · ⤓ 990 PDF
FY2020$68K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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