Olevolos Project Inc
- Assets
- $132.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, CO
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-5777700
Organization Overview
Olevolos Project Inc is located in Louisville, CO. The organization was established in 2007. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olevolos Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Olevolos Project Inc generated $16.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $24.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PURCHASE OF LAND AND CONSTRUCTION OF SCHOOL FOR ORPHANS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Mollel Director | 5 | $0 | |
Dory Gannes Chair | 5 | $0 | |
Lindsey Cottrell Hogan Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,612 |
| Other Revenue | $0 |
| Total Revenue | $16,612 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,684 |
| Professional fees and other payments to independent contractors | $425 |
| Occupancy, rent, utilities, and maintenance | $2,923 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,211 |
| Total expenses | $24,243 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,424 |
| Other assets | $0 |
| Total assets | $132,395 |
| Total liabilities | $0 |
| Net assets or fund balances | $132,395 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Olevolos Project Inc has recieved totaling $3,792.
| Awarding Organization | Amount |
|---|---|
Alo Gives Foundation Beverly Hills, CA PURPOSE: CHARITY | $3,792 |
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|---|---|---|
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Love In Action Colorado Springs, CO | $123,482,303 | $32,008,733 |
Hope 4 Kids International Phoenix, AZ | $1,831,552 | $4,256,777 |
World Hunger Ecumenical Arizona Task Force Inc Phoenix, AZ | $1,022,972 | $3,945,748 |
Golf Fore Africa Inc Scottsdale, AZ | $354,425 | $2,873,816 |
Radius International Phoenix, AZ | $8,268,445 | $3,786,097 |
Healing Waters International Inc Golden, CO | $1,285,991 | $2,306,608 |