Civic Intelligence

Olivet Academy Nyc

EIN 99-0610482 • 501(c)3 • New York, NY

NTEE B20

Profile

Olivet academy nurtures students to love the lord and their neighbors and be greatly used by god to transform the world for his kingdom.

6 Barclay St FL 2New York, NY 10007

www.olivetacademynyc.org

Siviq Scores

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

Liabilities / Assets

91st percentile

1.23x

Higher debt load relative to assets than 91% of similar nonprofits.

NTEE B20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.02x

Higher debt load relative to revenue than 63% of similar nonprofits.

NTEE B20 • <$500k nonprofits • Source year 2024

Net Margin

35th percentile

-0.3%

Higher net margin than 35% of similar nonprofits.

NTEE B20 • <$500k nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

NTEE B20 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

$2,031

No earlier filing loaded for comparison.

Liabilities

$2,506

No earlier filing loaded for comparison.

Net Assets

-$475

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue63rd percentileNet Margin35th percentile

Revenue

$138,822

No earlier filing loaded for comparison.

Expenses

$139,297

No earlier filing loaded for comparison.

Net Income

-$475

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$3.0K$2.0K$1.0K$0-$1.0KAssets 2024: $2,031Liabilities 2024: $2,506Net Assets 2024: -$4752024

Highlighted filing

2024

Assets$2,031
Liabilities$2,506
Net Assets-$475
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2024: $138,822Expenses 2024: $139,297Net Income 2024: -$4752024

Highlighted filing

2024

Revenue$138,822
Expenses$139,297
Net Income-$475
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,031
Liabilities
$2,506
Net assets
-$475
Revenue
$138,822
Expenses
$139,297
Net income
-$475
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.02$0.03$0.00$1.39$1.39$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$138,822
Mission and Program Overview

Mission

Olivet academy nurtures students to love the lord and their neighbors and be greatly used by god to transform the world for his kingdom.

Program Services

DescriptionGrantsExpenses
ELEMENTARY SCHOOL PROGRAM - STUDENTS WERE TAUGHT A VARIETY OF COURSES DESIGNED TO ENHANCE STUDENTS ACADEMIC AND PERSONAL AND SPIRITUAL GROWTH.$0$62,684
BIBLE STUDY - BIBLE STUDY SESSIONS FOR STUDENTS TO DEEPEN THEIR KNOWLEDGE AND UNDERSTANDING OF THE SCRIPTURES. THROUGH INTERACTIVE DISCUSSIONS GROUP ACTIVITIES AND GUIDED READINGS PARTICIPANTS ENGAGED WITH THE TEACHINGS OF THE BIBLE TO FOSTER SPIRITUAL GROWTH AND A DEEPEN THEIR RELATIONSHIP WITH JESUS CHRIST.$0$31,342
FIELD TRIPS - STUDENTS CONTINUED TO ACTIVELY PARTICIPATE IN EDUCATIONAL FIELD TRIPS TO MUSEUMS AND LOCAL PARKS ENHANCING THEIR LEARNING EXPERIENCES BEYOND THE CLASSROOM. THESE TRIPS PROVIDED HANDS-ON OPPORTUNITIES FOR STUDENTS TO EXPLORE AND CONNECT WITH THE EXHIBITS NATURE AND CULTURAL RESOURCES IN THEIR COMMUNITY FOSTERING A DEEPER UNDERSTANDING OF THE SUBJECTS STUDIED IN SCHOOL. THE INTERACTIVE AND IMMERSIVE NATURE OF THESE OUTINGS ENRICHED THE CURRICULUM.$0$10,447
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NA YOUN KIMChairman-$0--
HYE MI PARKTreasurer-$0--
LIANG CHANGSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Olivet Academy NYC
EIN
99-0610482
In Care Of
% SEUNG HEE HAN
Address
6 BARCLAY ST FL 2, NEW YORK, NY 10007

Signing Officer

Name
Seung Hee Han
Title
Director
Signed
2025-05-15
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| PROGRAM SUPPLIES AND MATERIALS, $10189| INSURANCE, $3260| FIELD TRIPS, $658| OFFICE SUPPLIES, $1311| TRAVEL AND MEALS, $2260| TEACHER APPRECIATION GIFTS, $416| BANK CHARGES, $1594|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| PLEDGES RECEIVABLE, $0, $2000|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| PAYROLL LIABILITIES, $0, $2506|”

Raw XML Appendix142 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum02014015635
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06 BARCLAY ST FL 2
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NA YOUN KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HYE MI PARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LIANG CHANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02000
IRS990EZ/OtherExpensesTotalAmt019688
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OLIVET ACADEMY NURTURES STUDENTS TO LOVE THE LORD AND THEIR NEIGHBORS AND BE GREATLY USED BY GOD TO TRANSFORM THE WORLD FOR HIS KINGDOM.
IRS990EZ/ProgramServiceRevenueAmt012117
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ELEMENTARY SCHOOL PROGRAM - STUDENTS WERE TAUGHT A VARIETY OF COURSES DESIGNED TO ENHANCE STUDENTS ACADEMIC AND PERSONAL AND SPIRITUAL GROWTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BIBLE STUDY - BIBLE STUDY SESSIONS FOR STUDENTS TO DEEPEN THEIR KNOWLEDGE AND UNDERSTANDING OF THE SCRIPTURES. THROUGH INTERACTIVE DISCUSSIONS GROUP ACTIVITIES AND GUIDED READINGS PARTICIPANTS ENGAGED WITH THE TEACHINGS OF THE BIBLE TO FOSTER SPIRITUAL GROWTH AND A DEEPEN THEIR RELATIONSHIP WITH JESUS CHRIST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2FIELD TRIPS - STUDENTS CONTINUED TO ACTIVELY PARTICIPATE IN EDUCATIONAL FIELD TRIPS TO MUSEUMS AND LOCAL PARKS ENHANCING THEIR LEARNING EXPERIENCES BEYOND THE CLASSROOM. THESE TRIPS PROVIDED HANDS-ON OPPORTUNITIES FOR STUDENTS TO EXPLORE AND CONNECT WITH THE EXHIBITS NATURE AND CULTURAL RESOURCES IN THEIR COMMUNITY FOSTERING A DEEPER UNDERSTANDING OF THE SUBJECTS STUDIED IN SCHOOL. THE INTERACTIVE AND IMMERSIVE NATURE OF THESE OUTINGS ENRICHED THE CURRICULUM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt062684
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt131342
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt210447
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt071645
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02506
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0139297
IRS990EZ/TotalProgramServiceExpensesAmt0104473
IRS990EZ/TotalRevenueAmt0138822
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.olivetacademynyc.org
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0false
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0| PartandLinenumber:,Explanation:| Part1Line3,THE RACIALLY NONDISCRIMINATORY POLICY IS ON THE SCHOOL WEBPAGE.|
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| PROGRAM SUPPLIES AND MATERIALS, $10189| INSURANCE, $3260| FIELD TRIPS, $658| OFFICE SUPPLIES, $1311| TRAVEL AND MEALS, $2260| TEACHER APPRECIATION GIFTS, $416| BANK CHARGES, $1594|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| PLEDGES RECEIVABLE, $0, $2000|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| PAYROLL LIABILITIES, $0, $2506|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SEUNG HEE HAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Olivet Academy NYC
ReturnHeader/Filer/BusinessNameControlTxt0OLIV
ReturnHeader/Filer/EIN0990610482
ReturnHeader/Filer/ForeignPhoneNum02014015635
ReturnHeader/Filer/InCareOfNm0% SEUNG HEE HAN
ReturnHeader/Filer/USAddress/AddressLine1Txt06 BARCLAY ST FL 2
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010007
ReturnHeader/ReturnTs02025-05-15T14:11:03-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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