Olive Bridge Fund Inc
Olive Bridge Fund Inc. reports zero officer compensation despite fluctuating revenues and significant asset changes.
EIN: 136161669 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $33.4M |
| Transparency Score | 75/100 |
Is Olive Bridge Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Olive Bridge Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Olive Bridge Fund Inc
Olive Bridge Fund Inc (EIN: 136161669) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.3M and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olive Bridge Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olive Bridge Fund Inc is a mid-size nonprofit that has been operating for 72 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $33.9M |
| Total Liabilities | $532K |
| Net Assets | $33.4M |
| Operating Margin | 50.8% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 188.8 months |
Financial Health Grade: A
In 2021, Olive Bridge Fund Inc reported a surplus of $2.2M with revenue exceeding expenses, holds 188.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Olive Bridge Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +156.5% | +40.6% | +24.3% |
| 2020 | +48.4% | -14.4% | +4.8% |
| 2019 | +214.5% | -1.8% | +13.6% |
| 2015 | -87.4% | -1.0% | -7.1% |
| 2014 | +84.7% | +33.7% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1954 |
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 Olive Bridge Fund Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Olive Bridge Fund Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Olive Bridge Fund Inc. consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization with revenues exceeding $4 million in 2021.
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 Olive Bridge Fund Inc's IRS 990 filings:
- Significant unexplained discrepancy in reported assets ($1 latest vs. $33,923,727 in 2021).
- NTEE Code is unknown, hindering understanding of mission focus.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Olive Bridge Fund Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for non-executive purposes.
- Significant revenue generation, reaching $4,385,750 in 2021.
- Historically strong asset base, with $33,923,727 reported in 2021.
Frequently Asked Questions about Olive Bridge Fund Inc
Is Olive Bridge Fund Inc a legitimate charity?
Olive Bridge Fund Inc (EIN: 136161669) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 8 years of IRS 990 filings on record. Total revenue: $4.3M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Olive Bridge Fund Inc spend its money?
Olive Bridge Fund Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Olive Bridge Fund Inc tax-deductible?
Olive Bridge Fund Inc is registered as a tax-exempt nonprofit (EIN: 136161669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Olive Bridge Fund Inc CEO make?
Olive Bridge Fund Inc's highest-compensated officer earns $4 annually. The organization reported $4.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Olive Bridge Fund Inc's spending goes to programs?
Olive Bridge Fund Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Olive Bridge Fund Inc located?
Olive Bridge Fund Inc is headquartered in New York, New York and files with the IRS under EIN 136161669.
How many years of IRS 990 filings does Olive Bridge Fund Inc have?
Olive Bridge Fund Inc has 8 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 $4.3M in total revenue.
Why is the latest reported asset value $1, while the 2021 filing showed $33,923,727?
This discrepancy requires clarification to understand the organization's current financial standing and asset management practices.
How does Olive Bridge Fund Inc. operate without any reported officer compensation?
The consistent reporting of 0% officer compensation suggests that executive functions may be performed by volunteers, through contracted services not classified as officer compensation, or by staff whose roles are not categorized as officers, which is an unusual operational model for an organization of this size.
What is the NTEE Code for Olive Bridge Fund Inc. and what are its primary program activities?
The NTEE Code is unknown, and without this information and details on program activities, it's difficult to fully assess the organization's mission alignment and impact.
Filing History
IRS 990 filing history for Olive Bridge Fund Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Olive Bridge Fund Inc's revenue has grown by 200.7%, moving from $1.5M to $4.4M. Total assets increased by 32.3% over the same period, from $25.6M to $33.9M. Total functional expenses rose by 75%, from $1.2M to $2.2M. In its most recent filing year (2021), Olive Bridge Fund Inc reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $532K in liabilities against $33.9M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $33.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $4.4M | $2.2M | $33.9M | $532K | — | View 990 |
| 2020 | $1.7M | $1.5M | $27.3M | $14 | — | View 990 |
| 2019 | $1.2M | $1.8M | $26.0M | $6K | — | View 990 |
| 2015 | $366K | $1.8M | $22.9M | $1 | — | View 990 |
| 2014 | $2.9M | $1.8M | $24.7M | $0 | — | View 990 |
| 2013 | $1.6M | $1.4M | $25.5M | $0 | — | View 990 |
| 2012 | $847K | $1.2M | $25.3M | $1 | — | View 990 |
| 2011 | $1.5M | $1.2M | $25.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $4.4M, expenses of $2.2M, and assets of $33.9M (revenue +156.5% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.5M, and assets of $27.3M (revenue +48.4% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.8M, and assets of $26.0M (revenue +214.5% year-over-year).
- 2015: Revenue of $366K, expenses of $1.8M, and assets of $22.9M (revenue -87.4% year-over-year).
- 2014: Revenue of $2.9M, expenses of $1.8M, and assets of $24.7M (revenue +84.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.4M, and assets of $25.5M (revenue +86.0% year-over-year).
- 2012: Revenue of $847K, expenses of $1.2M, and assets of $25.3M (revenue -41.9% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.2M, and assets of $25.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olive Bridge Fund Inc:
Data Sources and Methodology
This transparency report for Olive Bridge Fund Inc 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.