Hwoa EIN 73-1586398

Hwoa FY2023 filing

Not yet claimed Claim this org →

Empowers Hispanic women through educational programs and opportunities. For fiscal year 2023 it reported $228K in revenue, $243K in expenses, and $269K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Springdale, AR
Filings
6 on file (2020–2023)
Revenue
$228KFY2023
Expenses
$243K
Net assets
$269K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  73-1586398 Public charity (501(c)(3)) Springdale, AR
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Hwoa claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Empowers Hispanic women through educational programs and opportunities.
Leadership
Margarita Solorzano · Exec Director · $55K
Money in and out
$228K revenue, $243K expenses
Bottom line
92% program efficiency
Where the money goes · FY2023
Total revenue
$228K
Pt VIII · Ln 12
Total expenses
$243K
Pt IX · Ln 25
Net assets
$269K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$15K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs
Operating runway
12.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$228K
FY2023▲ +23%
Expenses
$243K
FY2023▼ -4%
Total assets
$270K
FY2023▼ -7%
Total liabilities
$497
FY2023▼ -86%
Total revenue
$228K
Pt VIII · Ln 12
Total expenses
$243K
Pt IX · Ln 25
Net assets
$269K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$15K
Total assetsPt X · Ln 16$270K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $224K of program spending, described in the organization's own filed words · FY2023.
01

Advancing educational opportunities for hispanic women.

$224Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHwoa
EINHdr · item D73-1586398
Principal addressHdr · item CSpringdale, AR
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A23)
Ruling yearIRS BMFJun 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Exec Director
$55,000Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Margarita Solorzano’s $55K as Executive Director is at the 50th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Margarita Solorzano$55,000$55,000$55,000$50,523$46,046

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hwoa executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$197K · 86%
Other revenue$21K · 9%
Program service revenue$9K · 4%
Contributions & grants86%$197K
Other revenue9%$21K
Program service revenue4%$9K
Investment income$285
— government grantsLn 1e$89K
Total revenueLn 12$228K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$224K
Management & general8%$19K
Total functional expensesLn 25$243K

Balance Sheet

Part X · end of year
CashLn 1$250K
Total assetsLn 16$270K
Total liabilitiesLn 26$497
Total net assetsLn 32$269K
Months of cash on handcomputed12.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $250K · Operating expenses/yr $243K
12.3 months
Where the money goes
Program services
Program services $224K · Total expenses $243K
92%
Management & General
Management & general $19K · Total expenses $243K
8%
Fundraising
Fundraising $0 · Total expenses $243K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $95K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $197K · Total revenue $228K
86%
Government reliance
Government grants $89K · Total revenue $228K
39%
Earned-income share
Program service revenue $9K · Total revenue $228K
4%
Investment reliance
Investment income $285 · Total revenue $228K
+0.1%
Program self-sufficiency
Program service revenue $9K · Total expenses $243K
4%
Growth & trend
Revenue growth (YoY)
This year $228K · Prior year $186K
+23%
Net-asset trend (YoY)
End of year $269K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $228K · Expenses $243K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $270K
Net-asset ratio
Net assets $269K · Total assets $270K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $270K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Margarita Solorzano · Reported title EXEC DIRECTOR · Highest reported compensation $55K · Total expenses $243K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $119K · Total expenses $243K
49%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth 23%
Accounting fee ratio 0.6%

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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 2 grants · $36K · 2023–2023
Unitemized GrantFY2023$35,000
Unitemized GrantFY2023$1,200

Similar Organizations

Closest in mission — by what they do
See all organizations like Hwoa →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$182K revenue · ⤓ 990 PDF
FY2024$130K revenue · ⤓ 990 PDF
FY2023$228K revenue · viewing · ⤓ 990 PDF
FY2022$186K revenue · ⤓ 990 PDF
FY2021$367K revenue · ⤓ 990 PDF
FY2020$605K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.