Civic Intelligence

Hola Incorporated

EIN 45-1218270 • 501(c)3 • Virginia Beach, VA

Profile

Primary exempt purpose to empower orphaned and abandoned children in latin america through building structures, essential needs, financial aid, vocational and social support, and building relationships in the community enabling hope for the hopeless. Program service accomplishments the organization provides leadership and funding to create a safe, loving & nurturing environment for orphaned and abandoned children in latin america's poorest communities. Drawing on their successful business background, resources, and experience, the organization develops fundraising strategies and initiates innovative solutions that enable and empower the orphaned community to become productive members of society. Musical, deucational and english programs are underwritten for five orphanages in nicaragua.

213 63rd StreetVirginia Beach, VA 23451

www.holavb.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

91st percentile

54%

Higher net margin than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

78th percentile

25%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

-12%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$9,917

Up $2,008 (+25%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$9,917

Up $2,008 (+25%) from 2020

Revenue

Down

$3,706

Down $514 (-12%) from 2020

Expenses

Down

$1,698

Down $19,378 (-92%) from 2020

Net Income

Up

$2,008

Up $18,864 (+112%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2011: $95,432Liabilities 2011: $02011Assets 2012: $128,477Liabilities 2012: $02012Assets 2013: $97,254Liabilities 2013: $0Net Assets 2013: $97,2542013Assets 2014: $129,750Liabilities 2014: $0Net Assets 2014: $129,7502014Assets 2015: $159,564Liabilities 2015: $0Net Assets 2015: $159,5642015Assets 2016: $122,511Liabilities 2016: $0Net Assets 2016: $122,5112016Assets 2017: $103,169Liabilities 2017: $0Net Assets 2017: $103,1692017Assets 2018: $86,736Liabilities 2018: $0Net Assets 2018: $86,7362018Assets 2019: $24,765Liabilities 2019: $0Net Assets 2019: $24,7652019Assets 2020: $7,909Net Assets 2020: $7,9092020Assets 2021: $9,917Net Assets 2021: $9,9172021

Highlighted filing

2021

Assets$9,917
Liabilities-
Net Assets$9,917

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2011: $100,568Expenses 2011: $5,136Net Income 2011: $95,4322011Revenue 2012: $70,266Expenses 2012: $37,221Net Income 2012: $33,0452012Revenue 2013: $106,796Expenses 2013: $138,019Net Income 2013: -$31,2232013Revenue 2014: $94,380Expenses 2014: $61,884Net Income 2014: $32,4962014Revenue 2015: $89,650Expenses 2015: $59,836Net Income 2015: $29,8142015Revenue 2016: $32,449Expenses 2016: $69,502Net Income 2016: -$37,0532016Revenue 2017: $19,237Expenses 2017: $38,579Net Income 2017: -$19,3422017Revenue 2018: $51,702Expenses 2018: $68,135Net Income 2018: -$16,4332018Revenue 2019: $41,989Expenses 2019: $103,960Net Income 2019: -$61,9712019Revenue 2020: $4,220Expenses 2020: $21,076Net Income 2020: -$16,8562020Revenue 2021: $3,706Expenses 2021: $1,698Net Income 2021: $2,0082021

Highlighted filing

2021

Revenue$3,706
Expenses$1,698
Net Income$2,008

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 8, 2022
Return Version
2021v4.0
Gross Receipts
$3,706
Mission and Program Overview

Mission

Primary exempt purpose to empower orphaned and abandoned children in latin america through building structures, essential needs, financial aid, vocational and social support, and building relationships in the community enabling hope for the hopeless. Program service accomplishments the organization provides leadership and funding to create a safe, loving & nurturing environment for orphaned and abandoned children in latin america's poorest communities. Drawing on their successful business background, resources, and experience, the organization develops fundraising strategies and initiates innovative solutions that enable and empower the orphaned community to become productive members of society. Musical, deucational and english programs are underwritten for five orphanages in nicaragua.

Program Services

DescriptionGrantsExpenses
DONATED TO VARIOUS NOT-FOR-PROFIT ORGANIZATIONS WITH SIMILAR PURPOSE.-$575
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WHITT SESSOMS IIIDirector-$0--
ROBERT YOUNGVice Preside-$0--
STUART NACHMANTreasurer-$0--
JOSHUA CANADADirector-$0--
GRAHAM L YOUNGPresident-$0--
JULIAN BAENASDirector-$0--
HUNTER HANGERDirector-$0--
MARKLEY TYSINGERDirector-$0--
JERRY HARRISDirector-$0--
RIVER ROBINSDirector-$0--
MIKE DAUBERTDirector-$0--
JOHN BABBDirector-$0--
CARMEN NEWMANAmbassador-$0--
JENNINGS SESSOMSDirector-$0--
EMILY MYERSDirector-$0--
STEVE BUMBRYDirector-$0--
JOHN MERENDADirector-$0--
TRAVIS WILLSONDirector-$0--
DR JOHN WAITEKUSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hola Incorporated
EIN
45-1218270
Phone
7572154878
Address
213 63RD STREET, VIRGINIA BEACH, VA 23451

Signing Officer

Name
Graham L Young
Title
President
Phone
7572154878
Signed
2022-03-08
Discuss with paid preparer
Yes

Preparer

Firm
Accounting Group
Address
5301 PROVIDENCE RD STE 60, VIRGINIA BEACH, VA 23464-4128
Preparer
Eric F Coker Ea
Phone
7574672551
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses licenses & permits 25 bank fees 194 website 259 supplies 575 total 1,053

Form 990-ez, Part III

Primary exempt purpose to empower orphaned and abandoned children in latin america through building structures, essential needs, financial aid, vocational and social support, and building relationships in the community enabling hope for the hopeless. Program service accomplishments the organization provides leadership and funding to create a safe, loving & nurturing environment for orphaned and abandoned children in latin america's poorest communities. Drawing on their successful business background, resources, and experience, the organization develops fundraising strategies and initiates innovative solutions that enable and empower the orphaned community to become productive members of society. Musical, deucational and english programs are underwritten for five orphanages in nicaragua.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES LICENSES & PERMITS 25 BANK FEES 194 WEBSITE 259 SUPPLIES 575 TOTAL 1,053
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIMARY EXEMPT PURPOSE TO EMPOWER ORPHANED AND ABANDONED CHILDREN IN LATIN AMERICA THROUGH BUILDING STRUCTURES, ESSENTIAL NEEDS, FINANCIAL AID, VOCATIONAL AND SOCIAL SUPPORT, AND BUILDING RELATIONSHIPS IN THE COMMUNITY ENABLING HOPE FOR THE HOPELESS. PROGRAM SERVICE ACCOMPLISHMENTS THE ORGANIZATION PROVIDES LEADERSHIP AND FUNDING TO CREATE A SAFE, LOVING & NURTURING ENVIRONMENT FOR ORPHANED AND ABANDONED CHILDREN IN LATIN AMERICA'S POOREST COMMUNITIES. DRAWING ON THEIR SUCCESSFUL BUSINESS BACKGROUND, RESOURCES, AND EXPERIENCE, THE ORGANIZATION DEVELOPS FUNDRAISING STRATEGIES AND INITIATES INNOVATIVE SOLUTIONS THAT ENABLE AND EMPOWER THE ORPHANED COMMUNITY TO BECOME PRODUCTIVE MEMBERS OF SOCIETY. MUSICAL, DEUCATIONAL AND ENGLISH PROGRAMS ARE UNDERWRITTEN FOR FIVE ORPHANAGES IN NICARAGUA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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