Jonathan S & Tara R Oliver Foundation
Jonathan S & Tara R Oliver Foundation shows highly inconsistent revenue reporting and minimal assets.
EIN: 201169593 · Orem, UT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $351K |
| Program Spending | 90% |
| Net Assets | $1K |
| Transparency Score | 30/100 |
Is Jonathan S & Tara R Oliver Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jonathan S & Tara R Oliver Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jonathan S & Tara R Oliver Foundation
Jonathan S & Tara R Oliver Foundation (EIN: 201169593) is a nonprofit organization based in Orem, UT, classified under NTEE code T22. The organization reported total revenue of $3.5M and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jonathan S & Tara R Oliver Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jonathan S & Tara R Oliver Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $352K |
| Total Expenses | $351K |
| Surplus / Deficit | +$1K |
| Total Assets | $1K |
| Total Liabilities | $1 |
| Net Assets | $1K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Jonathan S & Tara R Oliver Foundation reported a surplus of $1K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5378.8% | +5548.8% | +100400.0% |
| 2022 | -64.1% | -59.5% | +0.0% |
| 2021 | +89.6% | +48.6% | +0.0% |
| 2020 | -58.0% | -59.8% | -98.3% |
| 2019 | +244.7% | +240.2% | -99.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jonathan S & Tara R Oliver Foundation with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Jonathan S & Tara R Oliver Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees are compensated, which is unusual for a foundation but positive in terms of minimizing overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jonathan S & Tara R Oliver Foundation's IRS 990 filings:
- Significant discrepancy between stated 'Latest Revenue' and most recent IRS 990 filing revenue ($3,544,798 vs. $351,627).
- Consistently reported assets of $1 across multiple years, which is highly unusual for a foundation.
- Lack of detailed expense breakdown to assess program efficiency.
- Highly fluctuating revenue and expense figures year-over-year, indicating potential instability.
Strengths
The following positive indicators were identified for Jonathan S & Tara R Oliver Foundation:
- Zero officer compensation reported across all filings, indicating no executive pay overhead.
Frequently Asked Questions about Jonathan S & Tara R Oliver Foundation
Is Jonathan S & Tara R Oliver Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jonathan S & Tara R Oliver Foundation (EIN: 201169593) significant concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
How does Jonathan S & Tara R Oliver Foundation spend its money?
Jonathan S & Tara R Oliver Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jonathan S & Tara R Oliver Foundation tax-deductible?
Jonathan S & Tara R Oliver Foundation is registered as a tax-exempt nonprofit (EIN: 201169593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Jonathan S & Tara R Oliver Foundation compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Jonathan S & Tara R Oliver Foundation is below average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jonathan S & Tara R Oliver Foundation located?
Jonathan S & Tara R Oliver Foundation is headquartered in Orem, Utah and files with the IRS under EIN 201169593. It is classified under NTEE code T22.
How many years of IRS 990 filings does Jonathan S & Tara R Oliver Foundation have?
Jonathan S & Tara R Oliver Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.5M in total revenue.
Why is the 'Latest Revenue' figure of $3,544,798 so different from the 202312 reported revenue of $351,627?
This discrepancy is a significant concern for financial transparency and requires clarification to understand the organization's true financial scale.
How does the foundation operate with consistently reported assets of only $1?
Maintaining such minimal assets is highly unusual for a foundation and raises questions about its operational model, financial stability, and ability to fulfill its grantmaking mission.
What are the specific program activities or grants made by the foundation?
Without detailed expense breakdowns, it's difficult to assess how the reported expenses, such as $350,622 in 2023, are being utilized for its mission.
Filing History
IRS 990 filing history for Jonathan S & Tara R Oliver Foundation showing financial trends over 10 years of public records:
Total assets increased by 252.6% over the same period, from $285 to $1K. Total functional expenses rose by 28639.5%, from $1K to $351K. In its most recent filing year (2023), Jonathan S & Tara R Oliver Foundation reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $352K | $351K | $1K | $1 | — | — |
| 2022 | $6K | $6K | $1 | $1 | — | View 990 |
| 2021 | $18K | $15K | $1 | $211 | — | View 990 |
| 2020 | $9K | $10K | $1 | $3K | — | — |
| 2019 | $22K | $26K | $58 | $2K | — | — |
| 2015 | $7K | $8K | $27K | $1 | — | View 990 |
| 2014 | $47K | $19K | $28K | $1 | — | View 990 |
| 2013 | $178 | $233 | $1 | $0 | — | View 990 |
| 2012 | $0 | $230 | $55 | $0 | — | View 990 |
| 2011 | $0 | $1K | $285 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $352K, expenses of $351K, and assets of $1K (revenue +5378.8% year-over-year).
- 2022: Revenue of $6K, expenses of $6K, and assets of $1 (revenue -64.1% year-over-year).
- 2021: Revenue of $18K, expenses of $15K, and assets of $1 (revenue +89.6% year-over-year).
- 2020: Revenue of $9K, expenses of $10K, and assets of $1 (revenue -58.0% year-over-year).
- 2019: Revenue of $22K, expenses of $26K, and assets of $58 (revenue +244.7% year-over-year).
- 2015: Revenue of $7K, expenses of $8K, and assets of $27K (revenue -86.3% year-over-year).
- 2014: Revenue of $47K, expenses of $19K, and assets of $28K (revenue +26579.8% year-over-year).
- 2013: Revenue of $178, expenses of $233, and assets of $1.
- 2012: Revenue of $0, expenses of $230, and assets of $55.
- 2011: Revenue of $0, expenses of $1K, and assets of $285.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jonathan S & Tara R Oliver Foundation:
Data Sources and Methodology
This transparency report for Jonathan S & Tara R Oliver Foundation 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.