Civic Intelligence

Receptions for Research - the Greg Olsen Foundation Inc.

990 • Fiscal year 2021 • EIN 27-0843891

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

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

99th percentile

4.03x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

1.29x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

96th percentile

81%

Higher net margin than 96% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$10,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

3rd percentile

-42%

Faster asset growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

38%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$245,684

Down $179,913 (-42%) from 2020

Net Assets

Up

-$744,316

Up $620,087 (+45%) from 2020

Liabilities

Down

$990,000

Down $800,000 (-45%) from 2020

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin96th percentile

Revenue

Up

$766,582

Up $212,685 (+38%) from 2020

Expenses

Up

$146,495

Up $30,679 (+26%) from 2020

Net Income

Up

$620,087

Up $182,006 (+42%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth3rd 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

2021

Assets$245,684
Liabilities$990,000
Net Assets-$744,316
Open 2021 Filing

Operations Trend

Revenue Growth69th 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

2021

Revenue$766,582
Expenses$146,495
Net Income$620,087
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$815,344
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$422,990$180,077▼ $242,913
Accounts Receivable-$63,000-
Prepaid Expenses and Deferred Charges$2,607$2,607→ $0
Total Assets$425,597$245,684▼ $179,913
Liabilities
Other Liabilities$1,790,000$990,000▼ $800,000
Total Liabilities$1,790,000$990,000▼ $800,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,364,403$-744,316▲ $620,087
Total Net Assets Fund Balance$-1,364,403$-744,316▲ $620,087
Total Liabilities and Net Assets / Fund Balance$425,597$245,684▼ $179,913
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Deborah DooleyControllerPT$10,000$10,000
Kristen McculloughDirector of CommunicationsPT$9,000$9,000

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$742,846
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$23,736
All Other Contributions
$573,684
Change in Net Assets
$620,087

Audited Revenue Reconciliation

Revenue per Audited Statements
$766,582
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$48,761
Total Revenue per Audited Statements
$815,343
Total Revenue per Form 990
$766,582
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$112,919
Total Fundraising Expense$56,449
Salaries, Compensation, and Employee Benefits$31,076
Grants and Similar Amounts Paid$2,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$19,599-$19,599
Other Salaries and Wages$8,759$7,786$2,920$19,465
Current Officers, Directors, Trustees, and Key Employees-$10,000-$10,000
Information Technology$6,518$815$815$8,148
Office Expenses$308$2,462$308$3,078
Grants to Domestic Orgs$2,500--$2,500
Payroll Taxes$725$644$242$1,611
Other Expenses-$386$273$386
Total Functional Expenses$18,810$71,236$56,449$146,495

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$195,257
Expenses per Audited Statements$146,495
Total Expenses per Form 990$146,495
Expenses Not Reported on Form 990$48,762
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$72,498
Fundraising Direct Expenses$48,762
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$128,014$38,404$35,837$2,567
Fitfest$77,646$23,294$12,925$10,369
Total Events$241,660$72,498$48,762$23,736
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$990,000
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
2022-11-15
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
Daszkal Bolton Llp
Address
2401 NW BOCA RATON BLVD, BOCA RATON, FL 33431-6639
Preparer
Arthur J Hurley
Phone
5613671040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 0. Management and general expenses 19,599. Fundraising expenses 0. Total expenses 19,599.”

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 48,761.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“EVENT EXPENSES 48,762.”

Raw XML AppendixShowing 400 of 448 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/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0242
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0644
IRS990/PayrollTaxesGrp/ProgramServicesAmt0725
IRS990/PayrollTaxesGrp/TotalAmt01611
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02607
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02607
IRS990/PrincipalOfficerNm0GREG OLSEN
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0553897
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0350
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0103466
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0438081
IRS990/PYSalariesCompEmpBnftPaidAmt012000
IRS990/PYTotalExpensesAmt0115816
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0553897
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0620087
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0268779
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0405000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0300966
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0276716
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0375745
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01627206
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0573684
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0553897
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0654258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0776240
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0858441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03416520
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.52370
IRS990ScheduleA/PublicSupportPY509Pct00.56600
IRS990ScheduleA/PublicSupportTotal509Amt01789314
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0268779
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0405000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0300966
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0276716
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0375745
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01627206
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0573684
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0553897
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0654258
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0776240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0858441
IRS990ScheduleA/Total509Grp/TotalAmt03416520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0573684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0553897
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0654258
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0776240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0858441
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03416520
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/ExpensesNotReportedAmt048762
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0146495
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt048762
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0990000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNCONDITIONAL PROMISES TO GIVE
IRS990ScheduleD/OtherRevenueAmt048761
IRS990ScheduleD/RevenueNotReportedAmt048761
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0766582
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 48,761.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EVENT EXPENSES 48,762.
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/TotalExpensesPerForm990Amt0146495
IRS990ScheduleD/TotalLiabilityAmt0990000
IRS990ScheduleD/TotalRevenuePerForm990Amt0766582
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0815343
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0195257
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0169162
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt089610
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt054352
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt025200
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt048762
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FITFEST
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0128014
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt077646
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt036000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0241660
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt038404
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt023294
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt072498
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023736
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt048762
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt035837
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt012925
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/SpecialFundraisingEventsInd0X
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 19,599. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,599.
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/TotalAssetsBOYAmt0425597
IRS990/TotalAssetsEOYAmt0245684
IRS990/TotalAssetsGrp/BOYAmt0425597
IRS990/TotalAssetsGrp/EOYAmt0245684
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0742846
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt056449
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071236
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt018810
IRS990/TotalFunctionalExpensesGrp/TotalAmt0146495
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01790000
IRS990/TotalLiabilitiesEOYAmt0990000
IRS990/TotalLiabilitiesGrp/BOYAmt01790000
IRS990/TotalLiabilitiesGrp/EOYAmt0990000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1364403
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-744316
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt018810
IRS990/TotalReportableCompFromOrgAmt019000
IRS990/TotalRevenueGrp/ExclusionAmt023736
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0766582
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$245,684
Liabilities
$990,000
Net assets
-$744,316
Revenue
$766,582
Expenses
$146,495
Net income
$620,087
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
2021Detailed filing. Detailed filing data is available for this year.$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
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