Olson Inst Of Agriculture & Education
Olson Inst Of Agriculture & Education faces significant revenue shortfalls, consistently spending more than it earns, relying on its asset base.
EIN: 204014362 · St George, UT · NTEE: K12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $479K |
| Total Expenses | $166K |
| Program Spending | 70% |
| Net Assets | $2.2M |
| Transparency Score | 65/100 |
Is Olson Inst Of Agriculture & Education Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Olson Inst Of Agriculture & Education directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Olson Inst Of Agriculture & Education
Olson Inst Of Agriculture & Education (EIN: 204014362) is a nonprofit organization based in St George, UT, classified under NTEE code K12. The organization reported total revenue of $479K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olson Inst Of Agriculture & Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olson Inst Of Agriculture & Education is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 72.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $166K |
| Surplus / Deficit | $-140,492 |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | -560.7% |
| Months of Reserves | 157.0 months |
Financial Health Grade: B
In 2023, Olson Inst Of Agriculture & Education reported a deficit of $140K with expenses exceeding revenue, holds 157.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Olson Inst Of Agriculture & Education's revenue has grown at a compound annual growth rate (CAGR) of 72.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.8% | -12.7% | -6.1% |
| 2022 | +173.1% | +15.0% | +0.7% |
| 2021 | -40.0% | +17.7% | -3.8% |
| 2020 | -37.8% | +76.3% | -0.6% |
| 2019 | +9001.0% | +14.6% | +5.3% |
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 Olson Inst Of Agriculture & Education with a Mission Score of 65 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: 25%
- programs: 70%
- fundraising: 5%
According to IRS 990 filings, Olson Inst Of Agriculture & Education allocates its expenses as follows: admin: 25%, programs: 70%, fundraising: 5%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $140K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure and that no funds are allocated to executive salaries, which is a positive for resource allocation.
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 Olson Inst Of Agriculture & Education's IRS 990 filings:
- Consistent deficit spending (expenses frequently exceed revenue, e.g., $25,056 revenue vs. $165,548 expenses in 2023).
- Declining asset base ($2,306,619 in 2022 to $2,166,127 in 2023) due to operational shortfalls.
- Highly volatile revenue streams, making financial planning challenging (e.g., $205,060 in 2022 down to $25,056 in 2023).
Strengths
The following positive indicators were identified for Olson Inst Of Agriculture & Education:
- Zero officer compensation, indicating a volunteer-driven leadership and efficient use of funds for mission.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency.
- No reported liabilities, indicating a debt-free financial position.
Frequently Asked Questions about Olson Inst Of Agriculture & Education
Is Olson Inst Of Agriculture & Education a legitimate charity?
Olson Inst Of Agriculture & Education (EIN: 204014362) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $479K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Olson Inst Of Agriculture & Education spend its money?
Olson Inst Of Agriculture & Education directs 70% of its spending to programs and services. Fundraising costs 5%. This meets the 65% industry benchmark.
Are donations to Olson Inst Of Agriculture & Education tax-deductible?
Olson Inst Of Agriculture & Education is registered as a tax-exempt nonprofit (EIN: 204014362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Olson Inst Of Agriculture & Education's spending goes to programs?
Olson Inst Of Agriculture & Education directs 70% to programs, 5% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Olson Inst Of Agriculture & Education compare to similar nonprofits?
With a transparency score of 65/100 (Good), Olson Inst Of Agriculture & Education is above average for NTEE category K12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Olson Inst Of Agriculture & Education located?
Olson Inst Of Agriculture & Education is headquartered in St George, Utah and files with the IRS under EIN 204014362. It is classified under NTEE code K12.
How many years of IRS 990 filings does Olson Inst Of Agriculture & Education have?
Olson Inst Of Agriculture & Education 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 $479K in total revenue.
Is Olson Inst Of Agriculture & Education financially sustainable?
The organization's financial sustainability is questionable given its consistent pattern of expenses exceeding revenue. For instance, in 2023, revenue was $25,056 while expenses were $165,548. This deficit spending, if continued, will deplete its assets over time.
How does the organization fund its operations?
Based on the provided data, the organization primarily funds its operations by drawing down its existing assets, as its annual expenses frequently surpass its annual revenue. For example, in 2023, it spent $165,548 but only generated $25,056 in revenue.
What is the trend in the organization's assets?
The organization's assets have shown a declining trend in recent years, from $2,306,619 in 2022 to $2,166,127 in 2023, indicating that it is using its reserves to cover operational deficits.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation in all available IRS 990 filings, suggesting a volunteer-based leadership.
Filing History
IRS 990 filing history for Olson Inst Of Agriculture & Education showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Olson Inst Of Agriculture & Education's revenue has grown by 69500%, moving from $36 to $25K. Total assets decreased by 2.4% over the same period, from $2.2M to $2.2M. Total functional expenses rose by 514%, from $27K to $166K. In its most recent filing year (2023), Olson Inst Of Agriculture & Education reported a deficit of $140K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $166K | $2.2M | $0 | — | View 990 |
| 2022 | $205K | $190K | $2.3M | $0 | — | — |
| 2021 | $75K | $165K | $2.3M | $0 | — | View 990 |
| 2020 | $125K | $140K | $2.4M | $0 | — | View 990 |
| 2019 | $201K | $79K | $2.4M | $0 | — | View 990 |
| 2018 | $2K | $69K | $2.3M | $0 | — | View 990 |
| 2017 | $126K | $86K | $2.3M | $0 | — | View 990 |
| 2016 | $210 | $20K | $2.3M | $0 | — | View 990 |
| 2015 | $8K | $49K | $2.3M | $0 | — | View 990 |
| 2014 | $75K | $64K | $2.4M | $0 | — | View 990 |
| 2013 | $26 | $75K | $2.4M | $0 | — | View 990 |
| 2012 | $339K | $131K | $2.4M | $0 | — | View 990 |
| 2011 | $36 | $27K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $166K, and assets of $2.2M (revenue -87.8% year-over-year).
- 2022: Revenue of $205K, expenses of $190K, and assets of $2.3M (revenue +173.1% year-over-year).
- 2021: Revenue of $75K, expenses of $165K, and assets of $2.3M (revenue -40.0% year-over-year).
- 2020: Revenue of $125K, expenses of $140K, and assets of $2.4M (revenue -37.8% year-over-year).
- 2019: Revenue of $201K, expenses of $79K, and assets of $2.4M (revenue +9001.0% year-over-year).
- 2018: Revenue of $2K, expenses of $69K, and assets of $2.3M (revenue -98.2% year-over-year).
- 2017: Revenue of $126K, expenses of $86K, and assets of $2.3M (revenue +59770.0% year-over-year).
- 2016: Revenue of $210, expenses of $20K, and assets of $2.3M (revenue -97.4% year-over-year).
- 2015: Revenue of $8K, expenses of $49K, and assets of $2.3M (revenue -89.2% year-over-year).
- 2014: Revenue of $75K, expenses of $64K, and assets of $2.4M (revenue +288434.6% year-over-year).
- 2013: Revenue of $26, expenses of $75K, and assets of $2.4M (revenue -100.0% year-over-year).
- 2012: Revenue of $339K, expenses of $131K, and assets of $2.4M (revenue +941538.9% year-over-year).
- 2011: Revenue of $36, expenses of $27K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olson Inst Of Agriculture & Education:
Data Sources and Methodology
This transparency report for Olson Inst Of Agriculture & Education 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.