NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)HOUSE OF LANGUAGE ACQUISTION INC, founded in 2013, is a micro nonprofit that reported $71K in total revenue in fiscal year 2021. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $234K exceeded revenue, resulting in a 229% operating deficit.
THE HOUSE OF LANGUAGE ACQUISITION (HOLA) IS A MONTESSORI INSPIRED AND PROGRESSIVE SPANISH IMMERSION DAY CARE PROGRAM FOR CHILDREN 2-5. OUR MISSION IS FOR EVERY CHILD TO EXPERIENCE A QUALITY, COHESIVE AND SPANISH IMMERSED LEARNING EXPERIENCE FROM AGE TWO TO FIVE YEARS BY INTEGRATING THE CORE PRINCIPLES OF THE MONTESSORI METHOD WITH CREATIVE PLAY AND EXPLORATORY CURRICULUM. HOLA IS COMMITTED TO MEET THE SCHEDULING NEEDS OF WORKING FAMILIES TO ALLOW THEM TO PURSUE EMPLOYMENT WHILE PROVIDING A NURTURING LEARNING ENVIRONMENT FOR THEIR CHILDREN.
HOLA NYC IS A SPANISH IMMERSION, MONTESSORI INSPIRED, MIXED-AGE EARLY CHILDHOOD NON PROFIT PRESCHOOL FOR CHILDREN AGES 2 TO 5 THAT INCORPORATES THE BEST PRACTICES FROM THE MOST CURRENT RESEARCH IN...
HOLA NYC IS A SPANISH IMMERSION, MONTESSORI INSPIRED, MIXED-AGE EARLY CHILDHOOD NON PROFIT PRESCHOOL FOR CHILDREN AGES 2 TO 5 THAT INCORPORATES THE BEST PRACTICES FROM THE MOST CURRENT RESEARCH IN EARLY CHILDHOOD DEVELOPMENT. HOLA NYC SERVED 33 STUDENTS IN 2021 THROUGHOUT ITS VARIOUS PROGRAMS DURING THE YEAR. IN 2021, WE HAD 3 STUDENTS GRADUATED TO KINDERGARTEN. WE WERE OPEN FOR 47 WEEKS AND HAD PROGRAMMING FOR A TOTAL OF 227 DAYS DURING THE YEAR. EVERY MONTH WE PUBLISH AN ONLINE NEWSLETTER TO BE CONNECTED WITH THE FAMILIES AND OUR COMMUNITY, SHOWING THEM WHAT THE STUDENTS WERE DOING DURING EACH MONTH AND DURING THE SCHOOL YEAR. WE HAD FOUR COMMUNITY FESTIVALS, ART EXHIBITION, AND OTHER ACTIVITIES LIKE FIELD TRIPS, PARENT SOCIALS, AND MOTHER AND FATHER CELEBRATIONS.OUR VARIOUS SCHEDULES FOR PROGRAMS INCLUDE: MORNING PROGRAM (FROM 8-12:30 PM), SCHOOL DAY PROGRAM BETWEEN (9-3:00PM), FULL DAY PROGRAM (8-6:00PM), AFTER-SCHOOL PROGRAM (3-6:00PM) AND AN 8-WEEK SUMMER CAMP DURING JULY AND AUGUST.OUR PROGRAM WAS CREATED BY FAMILIES WITH WORKING FAMILIES IN MIND. DURING 2021 WE WANTED TO ADDRESS THE SPECIFIC CHALLENGES OF FAMILIES LOOKING FOR GREAT QUALITY FULL-TIME DAYCARE PROGRAMS IN NYC. WE ARE A SMALL PROGRAM BECAUSE WE ARE A VIBRANT COMMUNITY THAT VALUES RELATIONSHIPS AND ACKNOWLEDGES THAT FOR CHILDREN TO GROW AND THRIVE OVERLAPPING CIRCLES OF LOVE AND CARE NEED TO BE CREATED. OUR LONGER-TERM GOAL IS TO CREATE A COMMUNITY THAT GIVES OUR STUDENTS SUPPORTING LEARNING OPPORTUNITIES BASED ON PLAY AND REAL LIFE EXPERIENCES AND EVERY DAY TASKS. HOLA NYC CHILDREN PARTICIPE IN REGULAR FIELDTRIPS TO SUPPORT LEARNING AND TO EXPLORE NEARBY PARKS, MUSEUMS, THEATER, MUSIC AND ARTS PROGRAMS. WE ENCOURAGE OUR STUDENTS' HIGH VALUES, WHICH THEY CAN USE IN THEIR FUTURE AND TOWARDS BUILDING A MORE INTEGRATED, INCLUSIVE AND HARMONIOUS WORLD.EVERY MONTH WE PUBLISH AN ONLINE NEWSLETTER TO BE CONNECTED WITH THE FAMILIES AND OUR COMMUNITY, SHOWING THEM WHAT THE STUDENTS WERE DOING DURING EACH MONTH AND DURING THE SCHOOL YEAR. WE HAD FOUR COMMUNITY FESTIVALS AND OTHER ACTIVITIES LIKE FIELD TRIPS, PARENT SOCIALS, AND MOTHER AND FATHER CELEBRATIONS
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $71,200 | $264,648 | -0.7% |
| Expenses | $233,998 | $340,813 | -0.3% |
| Net Income | $-162,798 | $-76,165 | +1.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CARLOS QUESTELL | CHAIR | 0.25 |
Officer
|
$0 | $0 | $0 |
| LARRY SALAMONE | VICE CHAIR | 0.25 |
Officer
|
$0 | $0 | $0 |
| KARIN OFIR | BOARD MEMBER | 0.25 |
Officer
|
$0 | $0 | $0 |
| SADIE RAY | BOARD MEMBER | 0.25 |
Officer
|
$0 | $0 | $0 |
| CARLOS MENDEZ | BOARD MEMBER | 0.25 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $71,200 | $233,998 | No data | $-162,798 |
| 2020 | $264,648 | $340,813 | $112,659 | $-76,165 |
| 2019 | $414,968 | $397,674 | $180,040 | $17,294 |
| 2018 | $428,153 | $406,265 | $167,864 | $21,888 |
Compare HOUSE OF LANGUAGE ACQUISTION INC with other nonprofits in New York and across the country.