The mission of Hola Carolina is to build bridges between cultures, embrace diversity, and create more economically vibrant communities.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$150K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $150K a year · 19% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$150K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 7.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $789K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$8K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$449K
-49% vs prior year
Spent
$579K
To programs
84%
Net assets
$609K
By yearFY2020–FY2024
Revenue
$449K
FY2023▼ -49%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$805K
FY2022$880K
FY2023$449K
FY2024$829K
Expenses
$579K
FY2023▼ -35%
Tap a bar for its year
Expenses by fiscal year
FY2020$369K
FY2021$682K
FY2022$894K
FY2023$579K
FY2024$708K
Net assets
$609K
FY2023▼ -18%
Tap a bar for its year
Net assets by fiscal year
FY2020$658K
FY2021$763K
FY2022$739K
FY2023$609K
FY2024$730K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $489K Management & general 13% · $74K Fundraising 3% · $16K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $150K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$75,000Pt VII · Sec A
Operations Director
$75,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Adriana Chavela-Falcon’s $75K as Executive Director is at the 70th percentile of top reported officer pay among 2216 $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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ronald J Stamey$75,000$75,000$139,042$140,000—
Adriana Chavela-Falcon$75,000$75,000$12,375——
Ricardo Bello Ball———$1,140$41,077
Vanessa Garcia———$600—

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 Hola Carolina executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Connects cultures, embraces diversity, and builds economically vibrant communities.

Questions for Hola Carolina

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Provided by the organization

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3 programs · $489K · in their own filed words · FY2023
01

Equally Informed Initiative Hola Carolina explores and gives a critical voice to the diversity of our community. Our communications team fills the gap in news information, combats misinformation and improves communication for the Spanish-speaking community In 2023, produced 4,348 News stories in Spanish.

$489Kprogram expense
02

Equity in Health for Immigrant Communities In 2023, our program, Equity in Health for Immigrant Communities, made significant strides in promoting health equity. Our Community Health Workers concentrated on tackling food insecurities and guaranteeing accessible health coverage for immigrant populations.

Pt IX · col B
03

Education & Outreach Hola Carolina programs bridge cultural communication between government, business and historically underrepresented and underserved communities. In 2023, our education and outreach initiatives engaged 72,480 individuals, fostering connections and understanding across diverse groups.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Manna Food BankFY2024$50K
Total grants receivedfrom 13 funders$789K
See all 13 funders →
Grants paid · 20 grants · $545K · 2021–2024
Unitemized GrantFY2024$5,155
Unidex WncFY2023$30,000
Unidx WncFY2022$96,840
Pisgah Legal ServicesNC · FY2022$40,000
Unete INCNC · FY2022$25,000
Bounty & SoulNC · FY2022$25,000
El Puente HispanoNC · FY2022$15,000
Unitemized GrantFY2021$29,914
Unete INCNC · FY2021$20,000
Beloved AshevilleNC · FY2021$20,000
Vecinos INCNC · FY2021$15,000
See all 20 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$449K
Ln 12
Gifts and grantsLn 1h$413K
Other incomeLn 4–11$25K
Fees for servicesLn 2g$11K
Money outPt IX
$579K
Ln 25
Programscol B$489K
Managementcol C$74K
Fundraisingcol D$16K
Owns and owesPt X
$609K
net assets · Ln 32
Cash and savingsLn 1–2$341K
Total assetsLn 16$617K
LiabilitiesLn 26$8K
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$413K
Fundraising eventsLn 1c$2K
Fees for servicesLn 2g$11K
Investment incomeLn 3$178
Other incomeLn 4–11$25K
Total revenueLn 12$449K
Assets in detailPt X, end of year
CashLn 1$28K
SavingsLn 2$313K
Cash and savings togetherLn 1–2$341K
Land, buildings, equipmentLn 10c$201K
Total assetsLn 16$617K
LiabilitiesLn 26$8K
Net assetsLn 32$609K
OperationsPt I, VI
EmployeesI 51
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$481K$341K
Land, buildings, equipmentLn 10c$229K$201K
Total assetsLn 16$743K$617K
LiabilitiesLn 26$4K$8K
Net assetsLn 32$739K$609K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$63K$63K
Grants to domestic individualsLn 2$3K$3K
Pay of current officers, directors and key staffLn 5$174K$122K$43K$9K
Payroll taxesLn 10$12K$8K$3K$596
Legal feesLn 11b$578$0$578$0
Accounting feesLn 11c$3K$0$3K$0
Other fees for servicesLn 11g$149K$149K$0$0
Advertising and promotionLn 12$12K$11K$274$274
Office expensesLn 13$13K$9K$3K$1K
Information technologyLn 14$4K$3K$661$661
OccupancyLn 16$10K$9K$545$136
TravelLn 17$30K$27K$2K$963
Depreciation, depletion and amortizationLn 22$63K$47K$13K$3K
InsuranceLn 23$13K$11K$2K$661
Other expenses (24a–d)Ln 24$30K$26K$4K$0
All other expensesLn 24e$599$557$42$0
Total functional expensesLn 25$579K$489K$74K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $829K$708K$121K$730K 990 PDF
FY2023 Viewing $449K$579K−$130K$609K 990 PDF
FY2022 $880K$894K−$13K$739K 990 PDF
FY2021 $805K$682K$123K$763K 990 PDF
FY2020 $1.0M$369K$648K$658K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $448,877 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $850,178$413,447
I-9 Program service revenuePrior year $8,708$10,745
I-10 Investment incomePrior year $212$178
I-11 Other revenuePrior year $21,306$24,507
I-12 Total revenuePrior year $880,404$448,877
I-13 Grants and similar amounts paidPrior year $324,244$65,878
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $172,590$185,637
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $396,756$327,612
I-18 Total expensesPrior year $893,590$579,127
I-19 Revenue less expensesPrior year −$13,186−$130,250
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $448,877 across 8 lines filed
VIII-1c Fundraising events$1,511
VIII-1f All other contributions, gifts and grants$411,936
VIII-1h Total contributions, gifts and grants$413,447
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$10,745
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $178$178
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $22,280$22,280
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,227 · Unrelated business $0 · Excluded from tax $0$2,227
VIII-12 Total revenueRelated to mission $12,972 · Unrelated business $0 · Excluded from tax $22,458$448,877
Part IX · Statement of functional expenses $579,127 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $63,100$63,100
IX-2 Grants to domestic individualsPrograms $2,778$2,778
IX-5 Pay of current officers, directors and key staffPrograms $121,600 · Management $43,428 · Fundraising $8,686$173,714
IX-10 Payroll taxesPrograms $8,346 · Management $2,981 · Fundraising $596$11,923
IX-11b Legal feesPrograms $0 · Management $578 · Fundraising $0$578
IX-11c Accounting feesPrograms $0 · Management $2,680 · Fundraising $0$2,680
IX-11g Other fees for servicesPrograms $149,178 · Management $0 · Fundraising $0$149,178
IX-12 Advertising and promotionPrograms $10,952 · Management $274 · Fundraising $274$11,500
IX-13 Office expensesPrograms $9,488 · Management $2,857 · Fundraising $1,128$13,473
IX-14 Information technologyPrograms $3,083 · Management $661 · Fundraising $661$4,405
IX-16 OccupancyPrograms $8,962 · Management $545 · Fundraising $136$9,643
IX-17 TravelPrograms $27,031 · Management $1,598 · Fundraising $963$29,592
IX-22 Depreciation, depletion and amortizationPrograms $47,325 · Management $12,620 · Fundraising $3,155$63,100
IX-23 InsurancePrograms $10,572 · Management $1,982 · Fundraising $661$13,215
IX-24 Other expenses (24a–d)Programs $25,918 · Management $3,731 · Fundraising $0$29,649
IX-24e All other expensesPrograms $557 · Management $42 · Fundraising $0$599
IX-25 Total functional expensesPrograms $488,890 · Management $73,977 · Fundraising $16,260$579,127
Part X · Balance sheet $617,455 assets, 11 lines filed
Asset lines not itemized here account for $9,956; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $59,824$27,648
X-2 Savings and temporary cash investmentsStart of year $420,914$313,098
X-4 Accounts receivable$49,727
X-10c Land, buildings and equipment, netStart of year $228,749$201,215
X-14 Intangible assetsStart of year $23,717$15,811
X-16 Total assetsStart of year $743,160$617,455
X-17 Accounts payable and accrued expensesStart of year $3,844$8,389
X-26 Total liabilitiesStart of year $3,844$8,389
X-27 Net assets without donor restrictionsStart of year $739,316$609,066
X-32 Total net assets or fund balancesStart of year $739,316$609,066
X-33 Total liabilities and net assetsStart of year $743,160$617,455
Part XI · Reconciliation of net assets $609,066 net assets at year end
XI-1 Total revenue$448,877
XI-2 Total expenses$579,127
XI-3 Revenue less expenses−$130,250
XI-4 Net assets at start of year$739,316
XI-10 Net assets at end of year$609,066

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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