Civic Intelligence

Receptions for Research - the Greg Olsen Foundation Inc.

990 • Fiscal year 2020 • EIN 27-0843891

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 28, 2021

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

99th percentile

4.21x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

3.23x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

96th percentile

79%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

55th percentile

$12,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

95th percentile

199%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-16%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$425,597

Up $283,159 (+199%) from 2019

Net Assets

Down

-$1,364,403

Down $1,501,919 (-1092%) from 2019

Liabilities

Up

$1,790,000

Up $1,785,078 (+36267%) from 2019

Revenue

Down

$553,897

Down $108,654 (-16%) from 2019

Expenses

Down

$115,816

Down $528,886 (-82%) from 2019

Net Income

Up

$438,081

Up $420,232 (+2354%) from 2019

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

2020

Assets$425,597
Liabilities$1,790,000
Net Assets-$1,364,403

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

2020

Revenue$553,897
Expenses$115,816
Net Income$438,081
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 28, 2021
Return Version
2020v4.1
Gross Receipts
$553,897
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$139,938$422,990▲ $283,052
Prepaid Expenses and Deferred Charges$2,500$2,607▲ $107
Total Assets$142,438$425,597▲ $283,159
Liabilities
Other Liabilities$0$1,790,000▲ $1,790,000
Accounts Payable and Accrued Expenses$4,922--
Total Liabilities$4,922$1,790,000▲ $1,785,078
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$137,516$-1,364,403▼ $1,501,919
Total Net Assets Fund Balance$137,516$-1,364,403▼ $1,501,919
Total Liabilities and Net Assets / Fund Balance$142,438$425,597▲ $283,159
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
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
$553,897
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$553,897
Change in Net Assets
$438,081

Audited Revenue Reconciliation

Revenue per Audited Statements
$553,897
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$553,897
Total Revenue per Form 990
$553,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,466
Total Fundraising Expense$39,531
Salaries, Compensation, and Employee Benefits$12,000
Grants and Similar Amounts Paid$350
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$27,846$3,094$30,940
Fees for Services Other-$25,739-$25,739
Current Officers, Directors, Trustees, and Key Employees-$12,000-$12,000
Information Technology$6,518$815$815$8,148
Office Expenses$272$2,174$272$2,718
Grants to Domestic Orgs$350--$350
Other Expenses-$185$123$308
Total Functional Expenses$7,140$69,145$39,531$115,816

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$115,816
Total Expenses per Audited Statements$115,816
Total Expenses per Form 990$115,816
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unconditional Promises to Give$1,790,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
2021-08-28
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

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 0. Management and general expenses 25,739. Fundraising expenses 0. Total expenses 25,739.

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.

Raw XML AppendixShowing 400 of 405 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04922
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE THE RESOURCES NECESSARY TO ENHANCE THE LIVES OF THOSE AFFECTED WITH DEBILITATING DISEASES.
IRS990/AllOtherContributionsAmt0553897
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04074014534
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 E LAS OLAS BLVD STE 1550
IRS990/BooksInCareOfDetail/USAddress/CityNm0FT LAUDERDALE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033301
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0139938
IRS990/CashNonInterestBearingGrp/EOYAmt0422990
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt012000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0553897
IRS990/CYGrantsAndSimilarPaidAmt0350
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0103466
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0438081
IRS990/CYSalariesCompEmpBnftPaidAmt012000
IRS990/CYTotalExpensesAmt0115816
IRS990/CYTotalFundraisingExpenseAmt039531
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0553897
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0NEMOURS IS A NOT-FOR-PROFIT PEDIATRIC HEALTH SYSTEM DEDICATED TO: LIFE-CHANGING MEDICAL CARE AND RESEARCH, HELPING KIDS GROW UP HEALTHY, ADVOCATING FOR KIDS NATIONALLY, TRAINING TOMORROW'S PEDIATRIC EXPERTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt07140
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt025739
IRS990/FeesForServicesOtherGrp/TotalAmt025739
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0GREGORY W OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm1KARA OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRISTIAN OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm4DEBORAH DOOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5KRISTEN MCCULLOUGH
IRS990/Form990PartVIISectionAGrp/PersonNm6DONALD ROBBINS
IRS990/Form990PartVIISectionAGrp/PersonNm7AMY LEVINE DAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm8DOUG PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm9JOSE ARMARIO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt412000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0FOUNDER/CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1C-FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR OF COMMUNITY OUTR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt0350
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0350
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0350
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0553897
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0815
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0815
IRS990/InformationTechnologyGrp/ProgramServicesAmt06518
IRS990/InformationTechnologyGrp/TotalAmt08148
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0137516
IRS990/NetAssetsOrFundBalancesEOYAmt0-1364403
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0137516
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1364403
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03094
IRS990/OccupancyGrp/ManagementAndGeneralAmt027846
IRS990/OccupancyGrp/TotalAmt030940
IRS990/OfficeExpensesGrp/FundraisingAmt0272
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02174
IRS990/OfficeExpensesGrp/ProgramServicesAmt0272
IRS990/OfficeExpensesGrp/TotalAmt02718
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PUBLIC RELATIONS/MARKET
IRS990/OtherExpensesGrp/Desc1LICENSES
IRS990/OtherExpensesGrp/Desc2BANK AND OTHER FEES
IRS990/OtherExpensesGrp/FundraisingAmt035227
IRS990/OtherExpensesGrp/FundraisingAmt1123
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0386
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1185
IRS990/OtherExpensesGrp/TotalAmt035227
IRS990/OtherExpensesGrp/TotalAmt1386
IRS990/OtherExpensesGrp/TotalAmt2308
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt01790000
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02607
IRS990/PrincipalOfficerNm0GREG OLSEN
IRS990/PriorPeriodAdjustmentsAmt0-1940000
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0654258
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0570000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt062702
IRS990/PYOtherRevenueAmt08293
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt017849
IRS990/PYSalariesCompEmpBnftPaidAmt012000
IRS990/PYTotalExpensesAmt0644702
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0662551
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0438081
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0405000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0300966
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0276716
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0375745
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0246011
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01604438
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0553897
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0654258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0776240
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0858441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0854415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03697251
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.56600
IRS990ScheduleA/PublicSupportPY509Pct00.66380
IRS990ScheduleA/PublicSupportTotal509Amt02092813
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0405000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0300966
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0276716
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0375745
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0246011
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01604438
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0553897
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0654258
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0776240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0858441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0854415
IRS990ScheduleA/Total509Grp/TotalAmt03697251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0553897
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0654258
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0776240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0858441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0854415
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03697251
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0115816
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01790000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNCONDITIONAL PROMISES TO GIVE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0553897
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/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0115816
IRS990ScheduleD/TotalLiabilityAmt01790000
IRS990ScheduleD/TotalRevenuePerForm990Amt0553897
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0553897
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0115816
IRS990/ScheduleJRequiredInd00
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/ExplanationTxt4PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25,739. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,739.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/StatesWhereCopyOfReturnIsFldCd1NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0142438
IRS990/TotalAssetsEOYAmt0425597
IRS990/TotalAssetsGrp/BOYAmt0142438
IRS990/TotalAssetsGrp/EOYAmt0425597
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0553897
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt039531
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069145
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07140
IRS990/TotalFunctionalExpensesGrp/TotalAmt0115816
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04922
IRS990/TotalLiabilitiesEOYAmt01790000
IRS990/TotalLiabilitiesGrp/BOYAmt04922
IRS990/TotalLiabilitiesGrp/EOYAmt01790000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0137516
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1364403
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt07140
IRS990/TotalReportableCompFromOrgAmt012000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0553897
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0142438
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0425597
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 E LAS OLAS BLVD STE 1550
IRS990/USAddress/CityNm0FORT LAUDERDALE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033301
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0RECEPTIONSFORRESEARCH.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG OLSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum04074014534
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RECEPTIONS FOR RESEARCH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0THE GREG OLSEN FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RECE
ReturnHeader/Filer/EIN0270843891
ReturnHeader/Filer/PhoneNum04074014534
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 E LAS OLAS BLVD STE 1550
ReturnHeader/Filer/USAddress/CityNm0FT LAUDERDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033301
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650873896
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GAME PLAN FINANCIAL INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02401 NW BOCA RATON BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOCA RATON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0334316639
ReturnHeader/PreparerPersonGrp/PhoneNum05619531510
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ARTHUR J HURLEY
ReturnHeader/ReturnTs02021-08-31T09:04:24-05:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2020Detailed filing. Detailed filing data is available for this year.$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
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $500k-$1M nonprofits