HOUSE OF LANGUAGE ACQUISTION INC (EIN 464195115) - 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

2013

Legal Domicile

Principal Officer

LARRY SALAMONE

Phone

9143301022

Tax Period

2021-01-01 to 2021-11-10

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.

Mission

FOR CHILDREN AGED 2-5 TO HAVE A QUALITY LEARNING EXPERIENCE BY INTEGRATING THE MONTESSORI METHOD

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,568

Program Service Revenue $69,632

Investment Income $0

Other Revenue $0

TOTAL REVENUE $71,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $142,098

Fundraising Expenses $0

Program Expenses $132,056

Other Expenses $91,900

TOTAL EXPENSES $233,998

Year-over-Year Comparison

	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%

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

N/A

Volunteers

N/A

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

Key Employees

Highest Compensated

reported

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

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
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

HOUSE OF LANGUAGE ACQUISTION INC