Civic Intelligence

Colby Olsen Foundation

990EZ • Fiscal year 2019 • EIN 82-3093500

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2020

Organization ProfileTHE COLBY OLSEN FOUNDATION.ORG
4590 N Tierra Alta DrTucson, AZ 85749

(520) 343-9139

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

27th percentile

-7.3%

Higher net margin than 27% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

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

Revenue Growth

19th percentile

-27%

Faster revenue growth than 19% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$7,558

Down $1,126 (-13%) from 2018

Net Assets

Down

$7,558

Down $1,126 (-13%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin27th percentile

Revenue

Down

$15,441

Down $5,658 (-27%) from 2018

Expenses

Up

$16,567

Up $3,286 (+25%) from 2018

Net Income

Down

-$1,126

Down $8,944 (-114%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$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

2019

Assets$7,558
Liabilities$0
Net Assets$7,558
Open 2019 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$15,441
Expenses$16,567
Net Income-$1,126
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.0
Gross Receipts
$15,441
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$16,567-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NOREEN OLSENPresident & CEOPT$0--
MARY MANTINAVice PresidentPT$0--
LYNDA NOELTreasurerPT$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
2020-07-15
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.1002

“Office Expenses $2088”

Other Expenses.1005

“Travel $262”

Other Expenses.1012

“Insurance $318”

Other Expenses.1

“PROGRAM EXPENSES $9117”

Other Expenses.2

“SUPPLIES $1923”

Part III, Program Service Accomplishments

“SEE ATTACHED STATEMENT.”

Raw XML Appendix133 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/BOYAmt08684
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07558
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015441
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1126
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08684
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07558
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt015441
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08684
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07558
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08684
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07558
IRS990EZ/OccupancyRentUtltsAndMaintAmt02846
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NOREEN OLSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARY MANTINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LYNDA NOEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt013708
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/PrintingPublicationsPostageAmt013
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE STATEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt016567
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/TotalExpensesAmt016567
IRS990EZ/TotalProgramServiceExpensesAmt016567
IRS990EZ/TotalRevenueAmt015441
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0THE COLBY OLSEN FOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt021099
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt040438
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt040438
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt021099
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03898
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt040438
IRS990ScheduleA/TotalSupportAmt040438
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $2088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $262
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $318
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM EXPENSES $9117
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPLIES $1923
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SEE ATTACHED STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART III, PROGRAM SERVICE ACCOMPLISHMENTS
ReturnHeader/BuildTS02022-02-16 14:24:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NOREEN OLSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
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/ReturnTs02020-07-15T17:35:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$7,558
Liabilities
$0
Net assets
$7,558
Revenue
$15,441
Expenses
$16,567
Net income
-$1,126
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