Hola Ohio EIN 83-2039252

Hola Ohio

EIN  83-2039252 Public charity (501(c)(3)) Painesville, OH
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Size
$100K–1M
What they do
Empowers Latinos through outreach, education, and skills development for better opportunities.
Leadership
Veronica Dahlberg · President · $90K
Money in and out
$425K revenue, $490K expenses
Bottom line
85% program efficiency

Empowers Latinos through outreach, education, and skills development for better opportunities. For fiscal year 2024 it reported $425K in revenue, $490K in expenses, and $2.2M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$425K
Pt VIII · Ln 12
Total expenses
$490K
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$65K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.09 Fundraising $0.05
Program efficiency
85%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
16.0mo
months of highly liquid reserves at operating expense rate▼ -35% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▼ -186% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$425K
FY2024▼ -3%
Expenses
$490K
FY2024▲ +37%
Total assets
$2.7M
FY2024▼ -2%
Total liabilities
$429K
FY2024▼ -4%
Total revenue
$425K
Pt VIII · Ln 12
Total expenses
$490K
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$65K
Total assetsPt X · Ln 16$2.7M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $418K of program spending, described in the organization's own filed words · FY2024.
01

2024 accomplishments: -hosted a summer reading program (rise-read in summer and excel) for 41 students in grades k - 6TH with free lunch provided. -hosted spring and fall math tutoring programs (counting on a bright future) for 72 and 65 students respectively, with free dinner provided for students and families -hosted a health fair with…

$418Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHola Ohio
EINHdr · item D83-2039252
Principal addressHdr · item CPainesville, OH
WebsiteHdr · item Jholaohio.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S19)
Ruling yearIRS BMFApr 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$89,800Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Veronica Dahlberg’s $90K as President is at the 65th percentile of top reported officer pay among 1711 $100K–1M community development 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

NameFY2024FY2023FY2022FY2021FY2020
Veronica Dahlberg$89,800$85,825$76,830$69,420$61,640

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.

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Statement of Revenue

Part VIII
Contributions & grants$327K · 77%
Program service revenue$78K · 18%
Investment income$19K · 4%
Contributions & grants77%$327K
Program service revenue18%$78K
Investment income4%$19K
Other revenue$894
— government grantsLn 1e$96K
Total revenueLn 12$425K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.09 Fundraising $0.05
Program services85%$418K
Management & general9%$46K
Fundraising5%$25K
Total functional expensesLn 25$490K

Balance Sheet

Part X · end of year
CashLn 1$652K
Total assetsLn 16$2.7M
Total liabilitiesLn 26$429K
Total net assetsLn 32$2.2M
Months of cash on handcomputed16.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $652K · Operating expenses/yr $490K
16.0 months
Where the money goes
Program services
Program services $418K · Total expenses $490K
85%
Management & General
Management & general $46K · Total expenses $490K
9%
Fundraising
Fundraising $25K · Total expenses $490K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $417K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $327K · Total revenue $425K
77%
Government reliance
Government grants $96K · Total revenue $425K
23%
Earned-income share
Program service revenue $78K · Total revenue $425K
18%
Investment reliance
Investment income $19K · Total revenue $425K
+4%
Program self-sufficiency
Program service revenue $78K · Total expenses $490K
16%
Growth & trend
Revenue growth (YoY)
This year $425K · Prior year $436K
-3%
Revenue CAGR
FY2020 $894K · FY2024 $425K
-17%
Net-asset trend (YoY)
End of year $2.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $425K · Expenses $490K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $2.7M
Net-asset ratio
Net assets $2.2M · Total assets $2.7M
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Veronica Dahlberg · Reported title PRESIDENT · Highest reported compensation $90K · Total expenses $490K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $246K · Total expenses $490K
50%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 9%
Fundraising cost ratio 8%
Revenue growth -3%
Accounting fee ratio 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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

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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 (Latest)$425K revenue · viewing · ⤓ 990 PDF
FY2023$436K revenue · ⤓ 990 PDF
FY2022$962K revenue · ⤓ 990 PDF
FY2021$997K revenue · ⤓ 990 PDF
FY2020$894K 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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