Civic Intelligence

Colby Olsen Foundation

EIN 82-3093500 • 501(c)3 • Tucson, AZ

Pub. 78 Eligible990-N Coverage

Profile

The mission of the colby olsen foundation is to create awareness about issues affecting the lgbtq youth and seniors in our community

4590 N Tierra Alta DrTucson, AZ 85749

the colby olsen foundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

61st percentile

8.4%

Higher net margin than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$6,556

Up $764 (+13%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Up

$6,556

Up $764 (+13%) from 2020

Operations
Liabilities / Revenue62nd percentileNet Margin61st percentile

Revenue

Up

$9,149

Up $928 (+11%) from 2020

Expenses

Down

$8,385

Down $1,602 (-16%) from 2020

Net Income

Up

$764

Up $2,530 (+143%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10K$5.0K$0Assets 2017: $866Liabilities 2017: $02017Assets 2018: $8,684Liabilities 2018: $0Net Assets 2018: $8,6842018Assets 2019: $7,558Liabilities 2019: $0Net Assets 2019: $7,5582019Assets 2020: $5,792Liabilities 2020: $0Net Assets 2020: $5,7922020Assets 2021: $6,556Liabilities 2021: $0Net Assets 2021: $6,5562021

Highlighted filing

2021

Assets$6,556
Liabilities$0
Net Assets$6,556
Open 2021 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2017: $3,898Expenses 2017: $3,032Net Income 2017: $8662017Revenue 2018: $21,099Expenses 2018: $13,281Net Income 2018: $7,8182018Revenue 2019: $15,441Expenses 2019: $16,567Net Income 2019: -$1,1262019Revenue 2020: $8,221Expenses 2020: $9,987Net Income 2020: -$1,7662020Revenue 2021: $9,149Expenses 2021: $8,385Net Income 2021: $7642021

Highlighted filing

2021

Revenue$9,149
Expenses$8,385
Net Income$764
Open 2021 Filing

Filings

Most recent year

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

Open filing
Assets
$6,556
Liabilities
$0
Net assets
$6,556
Revenue
$9,149
Expenses
$8,385
Net income
$764
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$6.56$0.00$6.56$9.15$8.39$0.76
2020Detailed filing. Detailed filing data is available for this year.$5.79$0.00$5.79$8.22$9.99$1.77
2019Detailed filing. Detailed filing data is available for this year.$7.56$0.00$7.56$15.4$16.6$1.13
2018Detailed filing. Detailed filing data is available for this year.$8.68$0.00$8.68$21.1$13.3$7.82
2017Summary only. Only limited summary data is available for this year.$0.87$0.00$3.90$3.03$0.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 24, 2022
Return Version
2021v4.0
Gross Receipts
$9,149
Mission and Program Overview

Mission

The mission of the colby olsen foundation is to create awareness about issues affecting the lgbtq youth and seniors in our community

Program Services

DescriptionGrantsExpenses
SEE STATEMENT$8,375-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NOREEN OLSENPresident & CEOPT$0--
YAXAIRA LEONSec'Y/Treas-$0--
RICH ROBERTSVice President-$0--
Filing and Contact Details

Filer

Filer Name
Colby Olsen Foundation
EIN
82-3093500
Phone
5203439139
Address
4590 N TIERRA ALTA DR, TUCSON, AZ 85749

Signing Officer

Name
Noreen Olsen
Title
President & CEO
Signed
2022-10-24
Discuss with paid preparer
Yes

Preparer

Firm
Martin Zeldin CPA PC
Address
2927 N Campbell Avenue, Tucson, AZ 85719
Preparer
Martin Zeldin CPA
Phone
5203271866
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $469”

Other Expenses.1002

“Office Expenses $939”

Other Expenses.1005

“Travel $43”

Other Expenses.1012

“Insurance $325”

Other Expenses.1

“PROGRAM EXPENSES $5000”

Other Expenses.2

“Dues and subscriptions $919”

Other Expenses.3

“SUPPLIES $680”

Other Expenses.4

“LICENSES $10”

Part III, Program Service Accomplishments

“SEE ATTACHED STATEMENT.”

Raw XML Appendix147 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0NOREEN OLSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum05203439139
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04590 N TIERRA ALTA DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TUCSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd085749
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05792
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06556
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt09149
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0764
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05792
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06556
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt09149
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05792
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06556
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05792
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06556
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NOREEN OLSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YAXAIRA LEON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICH ROBERTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SEC'Y/TREAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08385
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE COLBY OLSEN FOUNDATION IS TO CREATE AWARENESS ABOUT ISSUES AFFECTING THE LGBTQ YOUTH AND SENIORS IN OUR COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE STATEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt08375
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08385
IRS990EZ/TotalProgramServiceExpensesAmt08375
IRS990EZ/TotalRevenueAmt09149
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0THE COLBY OLSEN FOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09149
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021099
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt057808
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt057808
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08221
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt015441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021099
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03898
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt057808
IRS990ScheduleA/TotalSupportAmt057808
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $469
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $939
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $43
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $325
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM EXPENSES $5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUES AND SUBSCRIPTIONS $919
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUPPLIES $680
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LICENSES $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SEE ATTACHED STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART III, PROGRAM SERVICE ACCOMPLISHMENTS
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NOREEN OLSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLBY OLSEN FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0COLB
ReturnHeader/Filer/EIN0823093500
ReturnHeader/Filer/PhoneNum05203439139
ReturnHeader/Filer/USAddress/AddressLine1Txt04590 N TIERRA ALTA DR
ReturnHeader/Filer/USAddress/CityNm0TUCSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085749
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0860794457
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Martin Zeldin CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02927 N Campbell Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tucson
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085719
ReturnHeader/PreparerPersonGrp/PhoneNum05203271866
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARTIN ZELDIN CPA
ReturnHeader/ReturnTs02022-10-24T18:17:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NOREEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OLSEN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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