Civic Intelligence

Rare Olive Org Inc

EIN 92-0771031 • 501(c)3 • Bethesda, MD

RevokedPub. 78 Eligible

Profile

Rare Olive Org Inc supports treatment research and patient advocacy for Lunapark Syndrome LNPK an ultra-rare genetic disorder. Founded by a family whose daughter was the first known LNPK case in the United States we are committed to building a path forward for patients and families worldwide.

Revocation date: May 15, 2025

9800 Parkwood DrBethesda, MD 20814

https: rareolive.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

20th percentile

-34%

Higher net margin than 20% of similar nonprofits.

<$500k nonprofits • Source year 2023

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.

<$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

Up

$137,497

Up $111,367 (+426%) from 2023

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$137,497

Up $111,367 (+426%) from 2023

Revenue

Up

$414,642

Up $337,664 (+439%) from 2023

Expenses

Up

$303,287

Up $200,233 (+194%) from 2023

Net Income

Up

$111,355

Up $137,431 (+527%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2023: $26,130Net Assets 2023: $26,1302023Assets 2024: $137,497Liabilities 2024: $0Net Assets 2024: $137,4972024

Highlighted filing

2024

Assets$137,497
Liabilities$0
Net Assets$137,497

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2023: $76,978Expenses 2023: $103,054Net Income 2023: -$26,0762023Revenue 2024: $414,642Expenses 2024: $303,287Net Income 2024: $111,3552024

Highlighted filing

2024

Revenue$414,642
Expenses$303,287
Net Income$111,355

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 3, 2026
Return Version
2024v5.1
Gross Receipts
$444,605
Mission and Program Overview

Mission

Rare Olive Org Inc supports treatment research and patient advocacy for Lunapark Syndrome LNPK an ultra-rare genetic disorder. Founded by a family whose daughter was the first known LNPK case in the United States we are committed to building a path forward for patients and families worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$26,142$137,497▲ $111,355
Cap Stk Tr Prin Current Funds$26,142$137,497▲ $111,355
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$26,142$137,497▲ $111,355
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$26,142$137,497▲ $111,355
Total Liabilities and Net Assets / Fund Balance$26,142$137,497▲ $111,355
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lauren FlickingerPresident CEO
Andrew FlickingerTreasurer Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$404,398
Program Service Revenue
$0
Investment Income
$915
Other Revenue
$9,329
All Other Contributions
$404,398
Change in Net Assets
$111,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$299,677
Other Expenses$3,610
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$0--$299,677
Information Technology$0$1,821$0$1,821
Other Expenses$0$371$0$371
Total Functional Expenses$0$3,610$0$303,287
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Steven Gray Laboratory UTSW MedicalDallas, TX501(c)(3)Sponsored research grant with the Gray Lab at University of Texas Southwestern to develop validate and test safety and efficacy of a gene replacement therapy in restoring the LNPK protein in a mouse disease model.$299,677
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,292
Fundraising Direct Expenses$29,963
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Jolly Fest$39,292$39,292$285$39,007
Total Events$39,292$39,292$29,963$9,329
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 2

| Employee:, Relationship:, Employee:| Lauren Flickinger, Family Relationship, Andrew Flickinger| Andrew Flickinger, Family Relationship, Lauren Flickinger|

Part VI, Section A, Line 8B

Rare Olive Org Inc is a small two-person nonprofit governed by its founding members. The organization does not hold formal board meetings but documents significant decisions and actions through written communications between officers including email records. Major financial decisions grant approvals and organizational actions are discussed and agreed upon by both officers and retained in the organizations records. A more formal meeting documentation practice will be established as we grow.

Part VI, Section B, Line 11B

Rare Olive Org Inc follows a review process for its annual Form 990 prior to filing. The completed return is prepared and reviewed by both officers of the organization. Each officer independently reviews the return for accuracy completeness and consistency with the organizations financial records for the year. Any discrepancies or questions are discussed and resolved before the return is filed. As a small two-person nonprofit both governing body members are directly involved in the review.

Part VI, Section C, Line 19

No documents available to the public

Part VI,line 11B

| Explanation:| The completed Form 990 is reviewed by both officers of the organization prior to filing. Each officer independently reviews the return for accuracy completeness and consistency with the organizations financial records. Any discrepancies are discussed and resolved before submission. As a two-person nonprofit both governing body members maintain direct familiarity with all financial activity throughout the year. The organization intends to engage a qualified tax professional to assist with preparation and review as resources allow.

Part VI,line 12C

| Explanation:| Rare Olive Org Inc is governed by two officers who are married. The organization acknowledges this family structure and operates transparently disclosing all related-party relationships on its annual Form 990-EZ filing. A written Conflict of Interest Policy was adopted in 2025. All transactions involving related parties including a charitable donation received from a family member of the founders were conducted at arms length with no goods or services provided in return.

Part VI,line 14

| Explanation:| As a two-person nonprofit governed by a married couple the organization does not hold formal board meetings. Organizational decisions are made jointly by both officers and documented through written communications including email records. Major financial decisions grant approvals and significant organizational actions are discussed agreed upon by both officers and retained in the organizations records. The organization intends to implement more formal meeting documentation practices going forward.

Filing and Contact Details

Filer

Filer Name
Rare Olive Org Inc
EIN
92-0771031
Phone
3013254068
Address
9800 Parkwood Dr, Bethesda, MD 20814

Signing Officer

Name
Andrew Flickinger
Title
Treasurer & Secretary
Phone
3013254068
Signed
2026-06-03
Discuss with paid preparer
No

Organization Details

Principal Officer
Lauren Flickinger
Formed
2022
Legal Domicile
De
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Part V,line 33

| Explanation:| Rare Olive Org Inc is a family-founded nonprofit organization dedicated to sponsoring treatment research and patient advocacy for Lunapark Syndrome LNPK an ultra-rare genetic disorder. The organization was founded after our youngest daughter became the first known case of LNPK diagnosed in the United States. Our mission is to ensure that rare does not mean forgotten and to build a path toward effective treatments for patients and families worldwide.

Part V,line 34

| Explanation:| Rare Olive Org Inc is filing its 2024 Form 990-EZ late due to circumstances outside its control. In late 2022 the organization inadvertently failed to file a return for a short partial-year period resulting in automatic revocation of its tax-exempt status. Upon learning of the revocation the organization attempted to e-file outstanding returns but submissions were rejected because exempt status was not recognized in IRS systems. Reinstatement was not completed until October 2025 and not fully reflected in IRS electronic systems until April 2026. This filing is submitted at the first opportunity following reinstatement. The organization believes this constitutes reasonable cause under IRC 6652.

Part III,line 31

| Explanation:| Rare Olive Org Inc monitors the use of grant funds through regular communication with grantee organizations including periodic progress updates and reports on research activities funded by the grant. The organization reviews financial documentation provided by grantees to verify funds are used for their intended purpose. As a small nonprofit the Executive Director maintains direct oversight of all grants and follows up with grantees as needed to ensure alignment with the organizations mission of advancing treatment research for Lunapark Syndrome LNPK.

Part III,line 28

| Explanation:| During 2024 Rare Olive Org Inc continued its partnership with the Gray Lab at UT Southwestern Medical Center UTSW led by Dr. Steven Gray to fund and advance gene therapy research for Lunapark Syndrome LNPK. This research partnership which began in 2023 represents the only known active treatment research program for LNPK in the United States. The Gray Labs work focuses on developing an AAV-based gene therapy capable of delivering functional LNPK genetic material to brain cells. During 2024 the research team completed critical safety and efficacy studies using a modified JeT promoter vector. The safety profile was encouraging with no observed neurotoxicity across dosed animal cohorts - a significant improvement over earlier vectors. Behavioral testing conducted at three months identified measurable rescue in startle response and rearing phenotypes in the high-dose intrathecal treatment group demonstrating early evidence of treatment benefit. Based on these findings the Gray Lab identified a next-generation viral capsid called FHYR which has demonstrated greater potency than the AAV9 vector previously used allowing for greater transduction of brain cells. The research program is transitioning to this improved vector in pursuit of more complete symptom rescue. Rare Olive Org Inc is actively funding this next phase of research. This research is deeply personal to the organizations founders. Their daughter Olive for whom the organization is named was the first known diagnosed case of LNPK in the United States. Olive continues to receive therapies and remains the inspiration behind every dollar raised and granted in furtherance of this mission.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Sponsored research grant with the Gray Lab at University of Texas Southwestern to develop validate and test safety and efficacy of a gene replacement therapy in restoring the LNPK protein in a mouse disease model.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Steven Gray Laboratory UTSW Medical
IRS990ScheduleI/RecipientTable/RecipientEIN0756002868
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06000 Harry Hines Blvd
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Rare Olive Org Inc monitors the use of grant funds through regular communication with grantee organizations including periodic progress updates and reports on research activities funded by the grant. The organization reviews financial documentation and receipts provided by grantees to verify that funds are being used for their intended purpose. As a small nonprofit the President maintains direct oversight of all grants and follows up with grantees as needed.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Employee:, Relationship:, Employee:| Lauren Flickinger, Family Relationship, Andrew Flickinger| Andrew Flickinger, Family Relationship, Lauren Flickinger|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Rare Olive Org Inc is a small two-person nonprofit governed by its founding members. The organization does not hold formal board meetings but documents significant decisions and actions through written communications between officers including email records. Major financial decisions grant approvals and organizational actions are discussed and agreed upon by both officers and retained in the organizations records. A more formal meeting documentation practice will be established as we grow.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Rare Olive Org Inc follows a review process for its annual Form 990 prior to filing. The completed return is prepared and reviewed by both officers of the organization. Each officer independently reviews the return for accuracy completeness and consistency with the organizations financial records for the year. Any discrepancies or questions are discussed and resolved before the return is filed. As a small two-person nonprofit both governing body members are directly involved in the review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:| Rare Olive Org Inc is a family-founded nonprofit organization dedicated to sponsoring treatment research and patient advocacy for Lunapark Syndrome LNPK an ultra-rare genetic disorder. The organization was founded after our youngest daughter became the first known case of LNPK diagnosed in the United States. Our mission is to ensure that rare does not mean forgotten and to build a path toward effective treatments for patients and families worldwide.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5| Explanation:| Rare Olive Org Inc is filing its 2024 Form 990-EZ late due to circumstances outside its control. In late 2022 the organization inadvertently failed to file a return for a short partial-year period resulting in automatic revocation of its tax-exempt status. Upon learning of the revocation the organization attempted to e-file outstanding returns but submissions were rejected because exempt status was not recognized in IRS systems. Reinstatement was not completed until October 2025 and not fully reflected in IRS electronic systems until April 2026. This filing is submitted at the first opportunity following reinstatement. The organization believes this constitutes reasonable cause under IRC 6652.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6| Explanation:| The completed Form 990 is reviewed by both officers of the organization prior to filing. Each officer independently reviews the return for accuracy completeness and consistency with the organizations financial records. Any discrepancies are discussed and resolved before submission. As a two-person nonprofit both governing body members maintain direct familiarity with all financial activity throughout the year. The organization intends to engage a qualified tax professional to assist with preparation and review as resources allow.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7| Explanation:| Rare Olive Org Inc is governed by two officers who are married. The organization acknowledges this family structure and operates transparently disclosing all related-party relationships on its annual Form 990-EZ filing. A written Conflict of Interest Policy was adopted in 2025. All transactions involving related parties including a charitable donation received from a family member of the founders were conducted at arms length with no goods or services provided in return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8| Explanation:| As a two-person nonprofit governed by a married couple the organization does not hold formal board meetings. Organizational decisions are made jointly by both officers and documented through written communications including email records. Major financial decisions grant approvals and significant organizational actions are discussed agreed upon by both officers and retained in the organizations records. The organization intends to implement more formal meeting documentation practices going forward.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9| Explanation:| Rare Olive Org Inc monitors the use of grant funds through regular communication with grantee organizations including periodic progress updates and reports on research activities funded by the grant. The organization reviews financial documentation provided by grantees to verify funds are used for their intended purpose. As a small nonprofit the Executive Director maintains direct oversight of all grants and follows up with grantees as needed to ensure alignment with the organizations mission of advancing treatment research for Lunapark Syndrome LNPK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10| Explanation:| During 2024 Rare Olive Org Inc continued its partnership with the Gray Lab at UT Southwestern Medical Center UTSW led by Dr. Steven Gray to fund and advance gene therapy research for Lunapark Syndrome LNPK. This research partnership which began in 2023 represents the only known active treatment research program for LNPK in the United States. The Gray Labs work focuses on developing an AAV-based gene therapy capable of delivering functional LNPK genetic material to brain cells. During 2024 the research team completed critical safety and efficacy studies using a modified JeT promoter vector. The safety profile was encouraging with no observed neurotoxicity across dosed animal cohorts - a significant improvement over earlier vectors. Behavioral testing conducted at three months identified measurable rescue in startle response and rearing phenotypes in the high-dose intrathecal treatment group demonstrating early evidence of treatment benefit. Based on these findings the Gray Lab identified a next-generation viral capsid called FHYR which has demonstrated greater potency than the AAV9 vector previously used allowing for greater transduction of brain cells. The research program is transitioning to this improved vector in pursuit of more complete symptom rescue. Rare Olive Org Inc is actively funding this next phase of research. This research is deeply personal to the organizations founders. Their daughter Olive for whom the organization is named was the first known diagnosed case of LNPK in the United States. Olive continues to receive therapies and remains the inspiration behind every dollar raised and granted in furtherance of this mission.
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