Olivias Gift Inc
Olivias Gift Inc maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 203275984 · Grand Rapids, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $142K |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 92/100 |
Is Olivias Gift Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Olivias Gift Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Olivias Gift Inc
Olivias Gift Inc (EIN: 203275984) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code T20. The organization reported total revenue of $209K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olivias Gift Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olivias Gift Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $142K |
| Surplus / Deficit | +$39K |
| Total Assets | $1.6M |
| Total Liabilities | $90K |
| Net Assets | $1.5M |
| Operating Margin | 21.4% |
| Debt-to-Asset Ratio | 5.6% |
| Months of Reserves | 133.9 months |
Financial Health Grade: A
In 2023, Olivias Gift Inc reported a surplus of $39K with revenue exceeding expenses, holds 133.9 months of operating reserves (strong position), has a debt-to-asset ratio of 5.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Olivias Gift Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.7% | +2.9% | +1.7% |
| 2022 | +38.8% | +18.7% | +3.0% |
| 2021 | -4.9% | +0.9% | +0.8% |
| 2020 | -7.0% | -12.4% | +1.5% |
| 2019 | -11.6% | -5.4% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Olivias Gift Inc with a Mission Score of 92 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, Olivias Gift Inc 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 $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.6%.
Executive Compensation Analysis
Olivias Gift Inc consistently reports 0% officer compensation across all 13 available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size.
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.
Strengths
The following positive indicators were identified for Olivias Gift Inc:
- Consistent asset growth, reaching $1,589,185 in 2023.
- No reported officer compensation across all 13 filings, indicating high efficiency.
- Generally operates with a revenue surplus, demonstrating financial stability.
- Low liabilities relative to assets, with liabilities at $89,537 against assets of $1,589,185 in 2023.
Frequently Asked Questions about Olivias Gift Inc
Is Olivias Gift Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Olivias Gift Inc (EIN: 203275984) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Olivias Gift Inc spend its money?
Olivias Gift Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Olivias Gift Inc tax-deductible?
Olivias Gift Inc is registered as a tax-exempt nonprofit (EIN: 203275984). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Olivias Gift Inc's spending goes to programs?
Olivias Gift Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Olivias Gift Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Olivias Gift Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Olivias Gift Inc located?
Olivias Gift Inc is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 203275984. It is classified under NTEE code T20.
How many years of IRS 990 filings does Olivias Gift Inc have?
Olivias Gift Inc 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 $209K in total revenue.
Is Olivias Gift Inc a good charity?
Based on its financial data, Olivias Gift Inc appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports no officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has Olivias Gift Inc's financial health changed over time?
Olivias Gift Inc has shown consistent financial growth and stability. Its assets have grown from $1,215,970 in 2015 to $1,589,185 in 2023, and it has generally maintained a positive net income, indicating prudent financial management.
What is Olivias Gift Inc's approach to executive compensation?
Olivias Gift Inc has reported 0% officer compensation in all available IRS 990 filings, indicating a highly lean or volunteer-driven executive structure, which is a strong positive for donor confidence.
Filing History
IRS 990 filing history for Olivias Gift Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Olivias Gift Inc's revenue has grown by 29.8%, moving from $140K to $181K. Total assets increased by 570.1% over the same period, from $237K to $1.6M. Total functional expenses rose by 479.3%, from $25K to $142K. In its most recent filing year (2023), Olivias Gift Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $90K in liabilities against $1.6M in assets (debt-to-asset ratio: 5.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $142K | $1.6M | $90K | — | — |
| 2022 | $194K | $138K | $1.6M | $102K | — | View 990 |
| 2021 | $140K | $117K | $1.5M | $112K | — | View 990 |
| 2020 | $147K | $116K | $1.5M | $123K | — | View 990 |
| 2019 | $158K | $132K | $1.5M | $133K | — | View 990 |
| 2018 | $179K | $139K | $1.5M | $141K | — | View 990 |
| 2017 | $146K | $135K | $1.4M | $149K | — | View 990 |
| 2016 | $168K | $108K | $1.3M | $7K | — | View 990 |
| 2015 | $50K | $85K | $1.2M | $3K | — | View 990 |
| 2014 | $95K | $106K | $1.3M | $3K | — | View 990 |
| 2013 | $133K | $103K | $1.3M | $3K | — | View 990 |
| 2012 | $1.0M | $42K | $1.2M | $3K | — | View 990 |
| 2011 | $140K | $25K | $237K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $142K, and assets of $1.6M (revenue -6.7% year-over-year).
- 2022: Revenue of $194K, expenses of $138K, and assets of $1.6M (revenue +38.8% year-over-year).
- 2021: Revenue of $140K, expenses of $117K, and assets of $1.5M (revenue -4.9% year-over-year).
- 2020: Revenue of $147K, expenses of $116K, and assets of $1.5M (revenue -7.0% year-over-year).
- 2019: Revenue of $158K, expenses of $132K, and assets of $1.5M (revenue -11.6% year-over-year).
- 2018: Revenue of $179K, expenses of $139K, and assets of $1.5M (revenue +23.2% year-over-year).
- 2017: Revenue of $146K, expenses of $135K, and assets of $1.4M (revenue -13.4% year-over-year).
- 2016: Revenue of $168K, expenses of $108K, and assets of $1.3M (revenue +235.3% year-over-year).
- 2015: Revenue of $50K, expenses of $85K, and assets of $1.2M (revenue -47.4% year-over-year).
- 2014: Revenue of $95K, expenses of $106K, and assets of $1.3M (revenue -28.2% year-over-year).
- 2013: Revenue of $133K, expenses of $103K, and assets of $1.3M (revenue -87.1% year-over-year).
- 2012: Revenue of $1.0M, expenses of $42K, and assets of $1.2M (revenue +637.4% year-over-year).
- 2011: Revenue of $140K, expenses of $25K, and assets of $237K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olivias Gift Inc:
Data Sources and Methodology
This transparency report for Olivias Gift 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.