Ferris Olson Family Foundation For Ocean Stewardship
EIN: 881403435 · Centennial, CO · NTEE: C30
About Ferris Olson Family Foundation For Ocean Stewardship
Ferris Olson Family Foundation For Ocean Stewardship (EIN: 881403435) is a nonprofit organization based in Centennial, CO, classified under NTEE code C30. The organization reported total revenue of $213K and total assets of $280K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ferris Olson Family Foundation For Ocean Stewardship's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Ferris Olson Family Foundation For Ocean Stewardship has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ferris Olson Family Foundation For Ocean Stewardship with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Ferris Olson Family Foundation For Ocean Stewardship showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2023), Ferris Olson Family Foundation For Ocean Stewardship's revenue has grown by 3343700%, moving from $1 to $33K. Total assets increased by 17268900% over the same period, from $1 to $173K. In its most recent filing year (2023), Ferris Olson Family Foundation For Ocean Stewardship reported a deficit of $751, with expenses exceeding revenue. The organization holds $1 in liabilities against $173K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $173K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $34K | $173K | $1 | — | — |
| 2023 | $207K | $33K | $173K | $1 | — | — |
| 2022 | $1 | $0 | $1 | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $34K, and assets of $173K (revenue -83.8% year-over-year).
- 2023: Revenue of $207K, expenses of $33K, and assets of $173K (revenue +20658900.0% year-over-year).
- 2022: Revenue of $1, expenses of $0, and assets of $1.
Data Sources and Methodology
This transparency report for Ferris Olson Family Foundation For Ocean Stewardship is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.