Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 92-0771031 • 501(c)3 • Bethesda, MD
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
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
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 |
| Name | Title |
|---|---|
| Lauren Flickinger | President CEO |
| Andrew Flickinger | Treasurer Secretary |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Steven Gray Laboratory UTSW Medical | Dallas, TX | 501(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 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $39,292 |
| Fundraising Direct Expenses | $29,963 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Jolly Fest | $39,292 | $39,292 | $285 | $39,007 |
| Total Events | $39,292 | $39,292 | $29,963 | $9,329 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| 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 |
“| Employee:, Relationship:, Employee:| Lauren Flickinger, Family Relationship, Andrew Flickinger| Andrew Flickinger, Family Relationship, Lauren Flickinger|”
“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.”
“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.”
“No documents available to the public”
“| 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.”
“| 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.”
“| 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.”
“| 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.”
“| 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.”
“| 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.”
“| 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.”
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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| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | 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. |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Steven Gray Laboratory UTSW Medical |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 756002868 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 6000 Harry Hines Blvd |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt | 0 | Suite NA2 508 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Dallas |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | 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 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. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I Line 2 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Employee:, Relationship:, Employee:| Lauren Flickinger, Family Relationship, Andrew Flickinger| Andrew Flickinger, Family Relationship, Lauren Flickinger| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | No documents available to the public |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | | 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/ExplanationTxt | 5 | | 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/ExplanationTxt | 6 | | 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/ExplanationTxt | 7 | | 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/ExplanationTxt | 8 | | 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/ExplanationTxt | 9 | | 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/ExplanationTxt | 10 | | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part VI, Line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part VI, Section A, Line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part V,line 33 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Part V,line 34 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Part VI,line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Part VI,line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Part VI,line 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Part III,line 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Part III,line 28 |
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