Olana Partnership
Olana Partnership consistently generates significant surpluses, growing assets, and reports no officer compensation.
EIN: 141828430 · Hudson, NY · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.7M |
| Total Expenses | $2.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $16 |
| Net Assets | $13.7M |
| Transparency Score | 90/100 |
Is Olana Partnership Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Olana Partnership directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Olana Partnership
Olana Partnership (EIN: 141828430) is a nonprofit organization based in Hudson, NY, classified under NTEE code S20. The organization reported total revenue of $11.7M and total assets of $16.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olana Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olana Partnership is a large nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.4M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$3.0M |
| Total Assets | $13.9M |
| Total Liabilities | $206K |
| Net Assets | $13.7M |
| Operating Margin | 54.9% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 68.3 months |
Financial Health Grade: A
In 2023, Olana Partnership reported a surplus of $3.0M with revenue exceeding expenses, holds 68.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Olana Partnership's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +97.5% | +11.2% | +29.5% |
| 2022 | -27.3% | -8.3% | -0.3% |
| 2021 | +42.6% | +58.4% | +17.3% |
| 2020 | -45.9% | -26.4% | +18.7% |
| 2019 | +75.0% | +26.3% | +65.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Olana Partnership with a Mission Score of 90 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Olana Partnership allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $3.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
The Olana Partnership consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This is highly unusual for an organization of its size with assets exceeding $16 million and annual revenues often in the multi-millions, suggesting either a fully volunteer-led executive team or compensation being reported under different categories, which would warrant further investigation for full transparency.
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 Olana Partnership's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Olana Partnership:
- Consistent generation of significant financial surpluses, with revenue often more than double expenses (e.g., $5.4M revenue vs. $2.4M expenses in 2023).
- Strong and consistent asset growth, increasing from $4.6M in 2018 to $13.8M in 2023, indicating robust financial management and capacity building.
- Low liabilities relative to assets, suggesting a healthy balance sheet and minimal financial risk (e.g., $206,419 liabilities vs. $13,891,500 assets in 2023).
- Efficient spending, as evidenced by the substantial difference between revenue and expenses, allowing for reinvestment and asset accumulation.
Frequently Asked Questions about Olana Partnership
Is Olana Partnership a legitimate charity?
Based on AI analysis of IRS 990 filings, Olana Partnership (EIN: 141828430) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Olana Partnership spend its money?
Olana Partnership directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Olana Partnership tax-deductible?
Olana Partnership is registered as a tax-exempt nonprofit (EIN: 141828430). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Olana Partnership CEO make?
Olana Partnership's highest-compensated officer earns $16 annually. The organization reported $11.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Olana Partnership's spending goes to programs?
Olana Partnership directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Olana Partnership compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Olana Partnership is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Olana Partnership located?
Olana Partnership is headquartered in Hudson, New York and files with the IRS under EIN 141828430. It is classified under NTEE code S20.
How many years of IRS 990 filings does Olana Partnership have?
Olana Partnership has 13 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 $11.7M in total revenue.
How does Olana Partnership manage to report 0% officer compensation despite its significant size and operations?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with multi-million dollar revenues and assets. This could indicate that executive leadership is entirely volunteer-based, or that compensation is categorized differently (e.g., under general salaries or program expenses) rather than explicitly as 'officer compensation' on the 990, which would require deeper scrutiny of their detailed expense breakdowns.
What are the specific program activities that account for the majority of Olana Partnership's expenses?
While the data indicates strong overall financial health and efficient spending, the specific breakdown of program activities is not provided. Given its NTEE code S20 (Historical Societies & Related Activities), it's likely focused on preservation, education, and public access related to the Olana State Historic Site.
What is the source of the significant revenue increase in 2023 to $5,405,343 from $2,737,101 in 2022?
The provided data shows a substantial increase in revenue from $2,737,101 in 2022 to $5,405,343 in 2023. This could be due to a major fundraising campaign, a large grant, a significant one-time donation, or increased program service revenue. Further details from the full 990 filing would be needed to identify the specific source.
Filing History
IRS 990 filing history for Olana Partnership showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Olana Partnership's revenue has grown by 565.2%, moving from $813K to $5.4M. Total assets increased by 394.4% over the same period, from $2.8M to $13.9M. Total functional expenses rose by 150.7%, from $973K to $2.4M. In its most recent filing year (2023), Olana Partnership reported a surplus of $3.0M, with revenue exceeding expenses. The organization holds $206K in liabilities against $13.9M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $13.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $2.4M | $13.9M | $206K | — | — |
| 2022 | $2.7M | $2.2M | $10.7M | $233K | — | View 990 |
| 2021 | $3.8M | $2.4M | $10.8M | $531K | — | View 990 |
| 2020 | $2.6M | $1.5M | $9.2M | $443K | — | — |
| 2019 | $4.9M | $2.1M | $7.7M | $131K | — | View 990 |
| 2018 | $2.8M | $1.6M | $4.7M | $82K | — | View 990 |
| 2017 | $1.3M | $1.5M | $3.8M | $96K | — | View 990 |
| 2016 | $1.1M | $1.2M | $3.8M | $72K | — | View 990 |
| 2015 | $1.7M | $1.8M | $4.1M | $478K | — | View 990 |
| 2014 | $1.8M | $1.5M | $4.0M | $125K | — | View 990 |
| 2013 | $1.1M | $976K | $3.7M | $108K | — | View 990 |
| 2012 | $1.8M | $1.2M | $3.5M | $71K | — | View 990 |
| 2011 | $813K | $973K | $2.8M | $91K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $2.4M, and assets of $13.9M (revenue +97.5% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.2M, and assets of $10.7M (revenue -27.3% year-over-year).
- 2021: Revenue of $3.8M, expenses of $2.4M, and assets of $10.8M (revenue +42.6% year-over-year).
- 2020: Revenue of $2.6M, expenses of $1.5M, and assets of $9.2M (revenue -45.9% year-over-year).
- 2019: Revenue of $4.9M, expenses of $2.1M, and assets of $7.7M (revenue +75.0% year-over-year).
- 2018: Revenue of $2.8M, expenses of $1.6M, and assets of $4.7M (revenue +115.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.5M, and assets of $3.8M (revenue +20.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $3.8M (revenue -35.3% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.8M, and assets of $4.1M (revenue -8.0% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.5M, and assets of $4.0M (revenue +69.4% year-over-year).
- 2013: Revenue of $1.1M, expenses of $976K, and assets of $3.7M (revenue -41.3% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.2M, and assets of $3.5M (revenue +123.5% year-over-year).
- 2011: Revenue of $813K, expenses of $973K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olana Partnership:
Data Sources and Methodology
This transparency report for Olana Partnership 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.