Civic Intelligence

Receptions for Research - the Greg Olsen Foundation Inc.

990 • Fiscal year 2019 • EIN 27-0843891

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 27, 2020

Organization ProfileRECEPTIONSFORRESEARCH.ORG
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

52nd percentile

0.03x

Higher debt load relative to assets than 52% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

37th percentile

0.01x

Higher debt load relative to revenue than 37% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

47th percentile

2.7%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$12,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

-17%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$142,438

Up $17,771 (+14%) from 2018

Net Assets

Up

$137,516

Up $12,849 (+10%) from 2018

Liabilities

Up

$4,922

Up $4,922 from 2018

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin47th percentile

Revenue

Down

$662,551

Down $133,358 (-17%) from 2018

Expenses

Down

$644,702

Down $192,605 (-23%) from 2018

Net Income

Up

$17,849

Up $59,247 (+143%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

2019

Assets$142,438
Liabilities$4,922
Net Assets$137,516
Open 2019 Filing

Operations Trend

Revenue Growth18th percentile

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

2019

Revenue$662,551
Expenses$644,702
Net Income$17,849
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 27, 2020
Return Version
2019v5.1
Gross Receipts
$760,252
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$116,592$139,938▲ $23,346
Accounts Receivable$5,000$0▼ $5,000
Intangible Assets$3,075$0▼ $3,075
Prepaid Expenses and Deferred Charges-$2,500-
Total Assets$124,667$142,438▲ $17,771
Liabilities
Accounts Payable and Accrued Expenses-$4,922-
Total Liabilities$0$4,922▲ $4,922
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$124,667$137,516▲ $12,849
Total Net Assets Fund Balance$124,667$137,516▲ $12,849
Total Liabilities and Net Assets / Fund Balance$124,667$142,438▲ $17,771
Compensation and Service Providers
Top Officer Pay54th percentile

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
Jose ArmarioBoard Member
Kristen McculloughDirector of Communications
Susan OlsenDirector of Community Outr
Christian OlsenExecutive Director
Kara OlsenC-founder
Revenue and Support

Revenue Composition

Contributions and Grants
$654,258
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$8,293
All Other Contributions
$406,939
Change in Net Assets
$17,849

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 Table350$26,791Fair Market Value (FMV)
Total Noncash Contributions350$26,791-

Audited Revenue Reconciliation

Revenue per Audited Statements
$662,551
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$97,701
Total Revenue per Audited Statements
$760,252
Total Revenue per Form 990
$662,551
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$570,000
Other Expenses$62,702
Total Fundraising Expense$27,167
Salaries, Compensation, and Employee Benefits$12,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$570,000--$570,000
Fees for Services Other-$12,202-$12,202
Current Officers, Directors, Trustees, and Key Employees-$12,000-$12,000
Occupancy-$9,250-$9,250
Information Technology$6,455$807$807$8,069
Office Expenses-$3,449-$3,449
Other Expenses$2,460$250$235$250
Total Functional Expenses$578,915$38,620$27,167$644,702

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$742,403
Expenses per Audited Statements$644,702
Total Expenses per Form 990$644,702
Expenses Not Reported on Form 990$97,701
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Atrium HealthCharoltte, NC501(c)(3)Cancer & Medical Research$570,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$105,994
Fundraising Direct Expenses$97,701
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$173,970$52,191$42,053$10,138
Man of the Year$119,258$35,778-$35,778
Total Events$353,313$105,994$97,701$8,293
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 35% controlled entity
No
Business relationship with family members
No
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
2020-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Olsen
Formed
2009
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
9
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 97,701.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“EVENT EXPENSES 97,701.”

Raw XML AppendixShowing 400 of 470 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/PriorPeriodAdjustmentsAmt0-5000
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0HEARTEST YARD CAMPAIGN HOSTED THE FOLLOWING EVENTS: A GOLF TOURNAMENT, ANNUAL 5K AND FITFEST (REVENUE OF $353,313) AND $560,000 IN NON-EVENT DONATIONS. IN-KIND DONATIONS TOTALED $26,791. EVENT EXPENDITURES TOTAL $85,701. DONATED $560,000 IN 2019 TO ATRIUM HEALTH.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0568915
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0560000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0776239
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0770000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt055307
IRS990/PYOtherRevenueAmt019670
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-41398
IRS990/PYSalariesCompEmpBnftPaidAmt012000
IRS990/PYTotalExpensesAmt0837307
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0795909
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt017849
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0300966
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0276716
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0375745
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0246011
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt025000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01224438
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0654258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0776240
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0858441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0854415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0498574
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03641928
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.66380
IRS990ScheduleA/PublicSupportPY509Pct00.70380
IRS990ScheduleA/PublicSupportTotal509Amt02417490
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0300966
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0276716
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0375745
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0246011
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt025000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01224438
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0654258
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0776240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0858441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0854415
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0498574
IRS990ScheduleA/Total509Grp/TotalAmt03641928
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0654258
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0776240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0858441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0854415
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0498574
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03641928
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt097701
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0644702
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt097701
IRS990ScheduleD/OtherRevenueAmt097701
IRS990ScheduleD/RevenueNotReportedAmt097701
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0662551
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 97,701.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EVENT EXPENSES 97,701.
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/TotalExpensesPerForm990Amt0644702
IRS990ScheduleD/TotalRevenuePerForm990Amt0662551
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0760252
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0742403
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0247319
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0121779
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt083480
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt042060
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt097701
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0MAN OF THE YEAR
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt022483
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt022483
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0173970
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0119258
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt060085
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0353313
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052191
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt035778
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt018025
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0105994
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08293
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt026791
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt026791
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02363
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt044416
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt042053
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt04011
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04011
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0570000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CANCER & MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CANCER RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ATRIUM HEALTH
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01000 BLYTHE BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHAROLTTE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029202
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0350
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SPORTS EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt026791
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/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/StatesWhereCopyOfReturnIsFldCd1NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0124667
IRS990/TotalAssetsEOYAmt0142438
IRS990/TotalAssetsGrp/BOYAmt0124667
IRS990/TotalAssetsGrp/EOYAmt0142438
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0654258

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$142,438
Liabilities
$4,922
Net assets
$137,516
Revenue
$662,551
Expenses
$644,702
Net income
$17,849
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
2019Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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