Olive Tree Foundation
EIN: 582359736 · Dataw Island, SC · NTEE: T20J
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $145K |
| Net Assets | $1.1M |
Is Olive Tree Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Olive Tree Foundation
Olive Tree Foundation (EIN: 582359736) is a nonprofit organization based in Dataw Island, SC, classified under NTEE code T20J. The organization reported total revenue of $53K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olive Tree Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olive Tree Foundation is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $145K |
| Surplus / Deficit | +$80K |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | 35.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 90.8 months |
Financial Health Grade: A
In 2023, Olive Tree Foundation reported a surplus of $80K with revenue exceeding expenses, holds 90.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Olive Tree Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.4% | +2.6% | +7.7% |
| 2022 | +93.0% | +143.0% | +5.7% |
| 2021 | -60.9% | -46.4% | +2.5% |
| 2020 | +16.0% | +24.3% | +12.1% |
| 2019 | +69.2% | +96.4% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Olive Tree Foundation 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 Olive Tree Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Olive Tree Foundation
Is Olive Tree Foundation a legitimate charity?
Olive Tree Foundation (EIN: 582359736) is a registered tax-exempt nonprofit based in South Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $53K. No red flags identified. Financial health grade: A.
How does Olive Tree Foundation spend its money?
Olive Tree Foundation reported $53K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Olive Tree Foundation tax-deductible?
Olive Tree Foundation is registered as a tax-exempt nonprofit (EIN: 582359736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Olive Tree Foundation located?
Olive Tree Foundation is headquartered in Dataw Island, South Carolina and files with the IRS under EIN 582359736. It is classified under NTEE code T20J.
How many years of IRS 990 filings does Olive Tree Foundation have?
Olive Tree 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 $53K in total revenue.
Filing History
IRS 990 filing history for Olive Tree Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Olive Tree Foundation's revenue has grown by 385.1%, moving from $46K to $226K. Total assets increased by 65.8% over the same period, from $662K to $1.1M. Total functional expenses rose by 159.6%, from $56K to $145K. In its most recent filing year (2023), Olive Tree Foundation reported a surplus of $80K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $145K | $1.1M | $1 | — | View 990 |
| 2022 | $158K | $141K | $1.0M | $1 | — | View 990 |
| 2021 | $82K | $58K | $964K | $1 | — | View 990 |
| 2020 | $210K | $109K | $940K | $1 | — | — |
| 2019 | $181K | $87K | $839K | $1 | — | — |
| 2015 | $107K | $44K | $758K | $1 | — | View 990 |
| 2014 | $45K | $75K | $695K | $1 | — | View 990 |
| 2013 | $88K | $59K | $725K | $1 | — | View 990 |
| 2012 | $49K | $48K | $695K | $1 | — | View 990 |
| 2011 | $46K | $56K | $662K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $145K, and assets of $1.1M (revenue +42.4% year-over-year).
- 2022: Revenue of $158K, expenses of $141K, and assets of $1.0M (revenue +93.0% year-over-year).
- 2021: Revenue of $82K, expenses of $58K, and assets of $964K (revenue -60.9% year-over-year).
- 2020: Revenue of $210K, expenses of $109K, and assets of $940K (revenue +16.0% year-over-year).
- 2019: Revenue of $181K, expenses of $87K, and assets of $839K (revenue +69.2% year-over-year).
- 2015: Revenue of $107K, expenses of $44K, and assets of $758K (revenue +136.8% year-over-year).
- 2014: Revenue of $45K, expenses of $75K, and assets of $695K (revenue -48.8% year-over-year).
- 2013: Revenue of $88K, expenses of $59K, and assets of $725K (revenue +78.6% year-over-year).
- 2012: Revenue of $49K, expenses of $48K, and assets of $695K (revenue +6.2% year-over-year).
- 2011: Revenue of $46K, expenses of $56K, and assets of $662K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olive Tree Foundation:
Data Sources and Methodology
This transparency report for Olive Tree 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.