Civic Intelligence

Colby Olsen Foundation

990EZ • Fiscal year 2020 • EIN 82-3093500

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 18, 2021

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

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

21st percentile

-21%

Higher net margin than 21% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

17th percentile

-23%

Faster asset growth than 17% of similar nonprofits.

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

Revenue Growth

24th percentile

-47%

Faster revenue growth than 24% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$5,792

Down $1,766 (-23%) from 2019

Net Assets

Down

$5,792

Down $1,766 (-23%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin21st percentile

Revenue

Down

$8,221

Down $7,220 (-47%) from 2019

Expenses

Down

$9,987

Down $6,580 (-40%) from 2019

Net Income

Down

-$1,766

Down $640 (-57%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth17th 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

2020

Assets$5,792
Liabilities$0
Net Assets$5,792
Open 2020 Filing

Operations Trend

Revenue Growth24th 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

2020

Revenue$8,221
Expenses$9,987
Net Income-$1,766
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 18, 2021
Return Version
2020v4.0
Gross Receipts
$8,221
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$9,986-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NOREEN OLSENPresident & CEOPT$0--
YAXAIRA LEONSecretary-$0--
MARY MANTINAVice President-$0--
LYNDA NOELTreasurer-$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
2021-06-18
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 $854”

Other Expenses.1005

“Travel $21”

Other Expenses.1012

“Insurance $352”

Other Expenses.1

“PROGRAM EXPENSES $6966”

Other Expenses.2

“Dues and subscriptions $1566”

Other Expenses.3

“SUPPLIES $228”

Part III, Program Service Accomplishments

“SEE ATTACHED STATEMENT.”

Raw XML Appendix145 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/BOYAmt07558
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05792
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08221
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1766
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07558
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05792
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt08221
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07558
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05792
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07558
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05792
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NOREEN OLSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YAXAIRA LEON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARY MANTINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LYNDA NOEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09987
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/GrantsAndAllocationsAmt09986
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/TotalExpensesAmt09987
IRS990EZ/TotalProgramServiceExpensesAmt09986
IRS990EZ/TotalRevenueAmt08221
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0THE COLBY OLSEN FOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021099
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt048659
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt048659
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08221
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt021099
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03898
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt048659
IRS990ScheduleA/TotalSupportAmt048659
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $854
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $21
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $352
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM EXPENSES $6966
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES AND SUBSCRIPTIONS $1566
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SUPPLIES $228
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SEE 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/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART 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/SignatureDt02021-06-18
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/ReturnTs02021-06-18T14:59:11-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NOREEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OLSEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,792
Liabilities
$0
Net assets
$5,792
Revenue
$8,221
Expenses
$9,987
Net income
-$1,766
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