Civic Intelligence

Receptions for Research - the Greg Olsen Foundation Inc.

990 • Fiscal year 2017 • EIN 27-0843891

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 05, 2018

200 E Las Olas Blvd Ste 1550Ft Lauderdale, FL 33301

(407) 401-4534

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

28th percentile

-4.4%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$12,000

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

10th percentile

-18%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

53rd percentile

6.4%

Faster revenue growth than 53% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$166,065

Down $36,112 (-18%) from 2016

Net Assets

Down

$166,065

Down $36,112 (-18%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$821,992

Up $49,697 (+6.4%) from 2016

Expenses

Up

$858,104

Up $147,132 (+21%) from 2016

Net Income

Down

-$36,112

Down $97,435 (-159%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $94,667Liabilities 2010: $0Net Assets 2010: $94,6672010Assets 2011: $113,519Liabilities 2011: $552Net Assets 2011: $112,9672011Assets 2012: $72,288Liabilities 2012: $35Net Assets 2012: $72,2532012Assets 2013: $85,051Liabilities 2013: $15Net Assets 2013: $85,0362013Assets 2014: $126,346Liabilities 2014: $0Net Assets 2014: $126,3462014Assets 2015: $140,854Liabilities 2015: $0Net Assets 2015: $140,8542015Assets 2016: $202,177Liabilities 2016: $0Net Assets 2016: $202,1772016Assets 2017: $166,065Liabilities 2017: $0Net Assets 2017: $166,0652017Assets 2018: $124,667Liabilities 2018: $0Net Assets 2018: $124,6672018Assets 2019: $142,438Liabilities 2019: $4,922Net Assets 2019: $137,5162019Assets 2020: $425,597Liabilities 2020: $1,790,000Net Assets 2020: -$1,364,4032020Assets 2021: $245,684Liabilities 2021: $990,000Net Assets 2021: -$744,3162021Assets 2022: $536,599Liabilities 2022: $621,445Net Assets 2022: -$84,8462022Assets 2023: $801,488Liabilities 2023: $2,160,986Net Assets 2023: -$1,359,4982023Assets 2024: $986,165Liabilities 2024: $3,180,335Net Assets 2024: -$2,194,1702024

Highlighted filing

2017

Assets$166,065
Liabilities$0
Net Assets$166,065

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $75,7582010Expenses 2011: $96,4912011Expenses 2012: $148,1082012Revenue 2013: $341,270Expenses 2013: $328,487Net Income 2013: $12,7832013Revenue 2014: $299,946Expenses 2014: $258,636Net Income 2014: $41,3102014Revenue 2015: $503,430Expenses 2015: $488,922Net Income 2015: $14,5082015Revenue 2016: $772,295Expenses 2016: $710,972Net Income 2016: $61,3232016Revenue 2017: $821,992Expenses 2017: $858,104Net Income 2017: -$36,1122017Revenue 2018: $795,909Expenses 2018: $837,307Net Income 2018: -$41,3982018Revenue 2019: $662,551Expenses 2019: $644,702Net Income 2019: $17,8492019Revenue 2020: $553,897Expenses 2020: $115,816Net Income 2020: $438,0812020Revenue 2021: $766,582Expenses 2021: $146,495Net Income 2021: $620,0872021Revenue 2022: $1,228,890Expenses 2022: $569,420Net Income 2022: $659,4702022Revenue 2023: $1,460,697Expenses 2023: $2,735,349Net Income 2023: -$1,274,6522023Revenue 2024: $1,345,731Expenses 2024: $2,180,403Net Income 2024: -$834,6722024

Highlighted filing

2017

Revenue$821,992
Expenses$858,104
Net Income-$36,112
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 5, 2018
Return Version
2017v2.3
Gross Receipts
$921,814
Mission and Program Overview

Mission

The greg olsen foundation was established in 2009 to provide hospitals, doctors and scholars the resources necessary to enhance the lives of those affected by various forms of cancer and cardiovascular diseases or disorders. We partner with local and national organizations in our pursuit to discover a cure for these debilitating diseases. It's our goal to make sure everyone has a second chance in life.

Provide the resources necessary to enhance the lives of those affected with debilitating diseases.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$171,802$156,840▼ $14,962
Accounts Receivable$15,000$0▼ $15,000
Intangible Assets$15,375$9,225▼ $6,150
Total Assets$202,177$166,065▼ $36,112
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$202,177$166,065▼ $36,112
Total Net Assets Fund Balance$202,177$166,065▼ $36,112
Total Liabilities and Net Assets / Fund Balance$202,177$166,065▼ $36,112
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Deborah DooleyControllerPT$12,000$12,000

Board Members and Trustees

NameTitle
Gregory W OlsenFounder/chairman
Amy Levine DawsonBoard Member
Donald RobbinsBoard Member
Doug PorterBoard Member
Jason ChamberlainBoard Member
Jose ArmarioBoard Member
Kristen McculloughDirector of Communications
Susan OlsenDirector of Community Outreach
Christian OlsenExecutive Director
Kara OlsenC-founder
Revenue and Support

Revenue Composition

Contributions and Grants
$858,441
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-36,449
All Other Contributions
$763,381
Change in Net Assets
$-36,112

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table375$37,813Fair Market Value (FMV)
Total Noncash Contributions375$37,813-

Audited Revenue Reconciliation

Revenue per Audited Statements
$821,992
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$99,822
Total Revenue per Audited Statements
$921,814
Total Revenue per Form 990
$821,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$810,000
Other Expenses$36,104
Salaries, Compensation, and Employee Benefits$12,000
Total Fundraising Expense$2,404
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$810,000--$810,000
Current Officers, Directors, Trustees, and Key Employees-$11,400$600$12,000
Fees for Services Accounting-$9,500$500$10,000
Information Technology-$7,527$396$7,923
Depreciation Depletion-$5,843$308$6,151
Other Expenses-$307$16$323
Fees for Services Other-$238$13$251
Total Functional Expenses$810,000$45,700$2,404$858,104

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$957,926
Expenses per Audited Statements$858,104
Total Expenses per Form 990$858,104
Expenses Not Reported on Form 990$99,822
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Carolina Healthcare FoundationCharlotte, NC501(c)(3)Care for Families With Hospitalized Children$775,000
Sylvester Comprehensive Cancer CenterMiami, FL501(c)(3)Cancer Research$25,000
Cannonball Kids Cancer FoundationOrlando, FL501(c)(3)CHILDREN'S HEART PROGRAM$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$99,822
Fundraising Gross Income$63,373
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$132,078$52,831$25,674$27,157
WEEKEND WITH 88'S$26,355$10,542$4,830$5,712
Total Events$158,433$63,373$99,822$-36,449
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-FOUNDER'S SISTER IN-LAWCompensation for Public Relations and MarketingNo$12,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Chris olsen, executive director (brother to founder, son of director); kara olsen, board chair (wife to founder); sue olsen, director (mother to founder, mother to executive director); kristen mccollough, director of communications (founder's sister in-law).

Form 990, Part VI, Section B, Line 11B

Distributed to board members prior to filing.

Form 990, Part VI, Section B, Line 12C

Organization requires that potential conflicts of interest be disclosed annually and on an ongoing basis.

Form 990, Part VI, Section C, Line 19

Any request for the documents will be honored.

Filing and Contact Details

Filer

Filer Name
Receptions for Research
EIN
27-0843891
Phone
4074014534
Address
200 E LAS OLAS BLVD STE 1550, FT LAUDERDALE, FL 33301

Signing Officer

Name
Greg Olsen
Title
Founder
Phone
4074014534
Signed
2018-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Olsen
Formed
2009
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
50

Preparer

Firm
Game Plan Financial Inc
Address
2401 NW BOCA RATON BLVD, BOCA RATON, FL 33431-6639
Preparer
Arthur J Hurley
Phone
5619531510
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation has been recognized by the internal revenue services ("irs") as an organization that is exempt from federal income taxes under internal revenue code ("irc") section 501(c)(3) and is further classified as a public charity under irc section 509(a)(2). No provision has been made for income taxes in the financial statements. Furthermore, the foundation believes that is has appropriate support for any tax position taken, and as such, does not have any uncertain tax positions. Generally, the foundation is no longer subject to u.s. Federal income tax examinations by tax authorities for three (3) years from the date of filing.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

EVENT EXPENSES 99,822.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

EVENT EXPENSES 99,822.

Raw XML AppendixShowing 400 of 485 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE GREG OLSEN FOUNDATION WAS ESTABLISHED IN 2009 TO PROVIDE HOSPITALS, DOCTORS AND SCHOLARS THE RESOURCES NECESSARY TO ENHANCE THE LIVES OF THOSE AFFECTED BY VARIOUS FORMS OF CANCER AND CARDIOVASCULAR DISEASES OR DISORDERS. WE PARTNER WITH LOCAL AND NATIONAL ORGANIZATIONS IN OUR PURSUIT TO DISCOVER A CURE FOR THESE DEBILITATING DISEASES. IT'S OUR GOAL TO MAKE SURE EVERYONE HAS A SECOND CHANCE IN LIFE.
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GREG OLSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0HEARTEST YARD CAMPAIGN HOSTED THE FOLLOWING EVENTS: WEEKEND WITH THE 88'S AND GOLF TOURNAMENT(REVENUE OF $158,433) AND $775,000 IN NON-EVENT DONATIONS. IN-KIND DONATIONS TOTALED $37,813. EVENT EXPENDITURES TOTAL $99,822. DONATED $775,000 IN 2017 TO CAROLINA HEALTHCARE FUND.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0775000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0775000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0784385
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0675000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt024972
IRS990/PYOtherRevenueAmt0-12090
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt061323
IRS990/PYSalariesCompEmpBnftPaidAmt011000
IRS990/PYTotalExpensesAmt0710972
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0772295
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-36112
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0375745
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0246011
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt025000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt063181
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0162443
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0872380
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0858441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0854415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0498574
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0342879
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0377528
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02931837
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.70240
IRS990ScheduleA/PublicSupportPY509Pct00.74170
IRS990ScheduleA/PublicSupportTotal509Amt02059457
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0375745
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0246011
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt025000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt063181
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0162443
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0872380
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0858441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0854415
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0498574
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0342879
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0377528
IRS990ScheduleA/Total509Grp/TotalAmt02931837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0858441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0854415
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0498574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0342879
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0377528
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02931837
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt099822
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0858104
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt099822
IRS990ScheduleD/OtherRevenueAmt099822
IRS990ScheduleD/RevenueNotReportedAmt099822
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0821992
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICES ("IRS") AS AN ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND IS FURTHER CLASSIFIED AS A PUBLIC CHARITY UNDER IRC SECTION 509(A)(2). NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE FINANCIAL STATEMENTS. FURTHERMORE, THE FOUNDATION BELIEVES THAT IS HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THREE (3) YEARS FROM THE DATE OF FILING.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EVENT EXPENSES 99,822.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EVENT EXPENSES 99,822.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0858104
IRS990ScheduleD/TotalRevenuePerForm990Amt0821992
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0921814
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0957926
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt095060
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt079247
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt015813
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt099822
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WEEKEND WITH 88'S
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt031119
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt031119
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0132078
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt026355
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0158433
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052831
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010542
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt063373
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-36449
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt038199
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt038199
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt030504
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt025674
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04830
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0775000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CARE FOR FAMILIES WITH HOSPITALIZED CHILDREN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CHILDREN'S HEART PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2CANCER RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CAROLINA HEALTHCARE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CANNONBALL KIDS CANCER FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SYLVESTER COMPREHENSIVE CANCER CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0566060481
IRS990ScheduleI/RecipientTable/RecipientEIN1464839642
IRS990ScheduleI/RecipientTable/RecipientEIN2590624458
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0208 EAST BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1POST OFFICE BOX 547797
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21475 NW 12TH AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHARLOTTE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ORLANDO
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MIAMI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd028203
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd132854
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd233136
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0KRISTEN MCCOLLOUGH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FOUNDER'S SISTER IN-LAW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPENSATION FOR PUBLIC RELATIONS AND MARKETING
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0375
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SPORTS EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt037813
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRIS OLSEN, EXECUTIVE DIRECTOR (BROTHER TO FOUNDER, SON OF DIRECTOR); KARA OLSEN, BOARD CHAIR (WIFE TO FOUNDER); SUE OLSEN, DIRECTOR (MOTHER TO FOUNDER, MOTHER TO EXECUTIVE DIRECTOR); KRISTEN MCCOLLOUGH, DIRECTOR OF COMMUNICATIONS (FOUNDER'S SISTER IN-LAW).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISTRIBUTED TO BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION REQUIRES THAT POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED ANNUALLY AND ON AN ONGOING BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY REQUEST FOR THE DOCUMENTS WILL BE HONORED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$3.18$2.19$1.35$2.18$0.83
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$2.16$1.36$1.46$2.74$1.27
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.62$0.08$1.23$0.57$0.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.99$0.74$0.77$0.15$0.62
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$1.79$1.36$0.55$0.12$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.66$0.64$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.80$0.84$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.82$0.86$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$0.77$0.71$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.50$0.49$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.30$0.26$0.04
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$0.34$0.33$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.08