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OLAS FOUNDATION

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Public IRS 990 nonprofit record

OLAS FOUNDATION

EIN 85-4357815 · Scholarships & Student Financial Aid (B82)

What they do

Program Name: Employment Training & Opportunities for Vulnerable Women Mission: to Create Sustainable Work Opportunities for Vulnerable Women In Zones 3 and 7 of Guatemala City By Training Them As Conversational Spanish Tutors, Providing Holistic Emotional and Material Support, and Connecting Them With Spanish Learners Around The World. Activities: The Program Offers Training In Technology Literacy, Spanish Tutoring Techniques, English Language Skills, and Time Management. We Also Promote "Olas Spanish" Tutoring Sessions Through Various Platforms to Connect Women With Global Spanish Learners, Enabling Them to Earn Income and Develop Key Professional Skills. Target Population: Women Residing In Zones 3 and 7 of Guatemala City Who Face Significant Barriers to Traditional Employment. Impact: Since Launching In 2020, The Program Has Supported Over 20 Women On Their Path Toward Economic Stability and Holistic Wellbeing. Participants Have Engaged With Thousands of Spanish Learners, Developin

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $73.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.96%of revenue went to mission work73.3% of expenses · Program services
$115.85spent for every $100 of revenueSpending was higher than revenue this year.
$0.81in assets for every $1 spent this yearSome assets cannot be spent right away.
42.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $9,907 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $7,436 for SINDY PEREZ ESTRADA (CO-DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$62,506
Mission workProgram services$53,10584.96% of revenue73.3% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$72,413115.85% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2025CurrentExpense mix: 73.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 115.85% of revenue
2024Expense mix: 82.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 89.26% of revenue

Money in and money out

Revenue$62,506
Expenses$72,413
Annual shortfall $9,907 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$53,105 · 73.3% of expenses
See all reported dollar amounts
Revenue$62,506
Expenses$72,413
Assets$58,410
Income$62,506
Contributions$26,428
Mission work (program services)$53,105
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SINDY PEREZ ESTRADACO-DIRECTOR · 30 hrs/week $7,436
REBECCA COXPRESIDENT · 10 hrs/week $4,120

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (3)

SINDY PEREZ ESTRADACO-DIRECTOR

REBECCA COXPRESIDENT

JOSEPH COXTREASURER

About this charity

Recognized since
January 2021
Location
31 DURKEE DR, HOPE, ME 04847-3342
County
Knox
In care of
% REBECCA COX
Primary officer
Rebecca Cox, Co-Director

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990EZ
NTEE classification
Scholarships & Student Financial Aid (B82)
IRS tax category
Scholarships & Student Financial Aid

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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