OLA OF EASTERN LONG ISLAND INC (EIN 431997489) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Principal Officer

ANTHONY F HITCHCOCK

Phone

6315373518

Tax Period

2023-01-01 to 2023-12-31

OLA OF EASTERN LONG ISLAND INC, founded in 2002, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

FOUNDED IN 2002, OLA OF EASTERN LONG ISLAND WORKS TO CREATE A MORE EQUITABLE EAST END FOR LATINO IMMIGRANTS THROUGH ADVOCATING FOR JUST AND INCLUSIVE GOVERNMENT AND SCHOOL POLICIES; PROTECTING FAMILIES; NURTURING POWER AND UNITY AMONG LATINOS THROUGH LEADERSHIP WORKSHOPS AND OTHER PROGRAMS; AND BUILDING BRIDGES AMONG DIFFERENT SECTORS OF THE EAST END COMMUNITY THROUGH CELEBRATING ARTS AND CULTURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,379,112

Program Service Revenue $0

Investment Income $21,903

Other Revenue $11,958

TOTAL REVENUE $1,412,973

Expense Breakdown

Grants Paid $145,342

Salaries & Benefits $1,154,230

Fundraising Expenses $41,906

Program Expenses $1,228,043

Other Expenses $106,488

TOTAL EXPENSES $1,406,060

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,412,973	$1,596,086	-0.1%
Expenses	$1,406,060	$1,536,699	-0.1%
Net Income	$6,913	$59,387	-0.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$131,321

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MINERVA PEREZ	EXECUTIVE DI	40.00	Director	$115,500	$15,821	$131,321
MELINA AMAYA	DIRECTOR	1.00	Director	$0	$0	$0
JULIA CHACHERE	DIRECTOR	1.00	Director	$0	$0	$0
PILAR CORREDOR	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DONOVAN	DIRECTOR	1.00	Director	$0	$0	$0
LUKAS ORTIZ	DIRECTOR	1.00	Director	$0	$0	$0
LIXDANY PELAEZ	DIRECTOR	1.00	Director	$0	$0	$0
SARAH BURR	SECRETARY	1.00	Officer	$0	$0	$0
ANTHONY F HITCHCOCK	TREASURER	15.00	Officer	$0	$0	$0
ANA KESTLER	PRESIDENT	2.00	Officer	$0	$0	$0
ISABEL SEPULVEDA-DE SCANLON	VICE PRESIDE	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,412,973	$1,406,060	$837,585	$6,913
2022	$1,596,086	$1,536,699	$705,394	$59,387
2021	$1,699,526	$1,675,409	$650,637	$24,117
2021	$1,740,316	$1,675,409	$650,637	$64,907
2020	$2,886,494	$2,595,507	$572,963	$290,987
2020	$2,886,494	$2,595,507	$572,963	$290,987
2019	$388,236	$418,293	$279,843	$-30,057
2018	$374,694	$249,791	$309,734	$124,903

OLA OF EASTERN LONG ISLAND INC