Ronald L Olson Foundation
- Assets
- $37.4k
- Revenue
- $7.2k
- Investments
- $34.4k
- Employees
- 0
- Location
- Northwood, IA
- Founding
- Data as of
- 12/2017
- EIN
- 27-2477440
Organization Overview
Ronald L Olson Foundation is located in Northwood, IA.
For the year ending 12/2017, Ronald L Olson Foundation generated $7.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $512.0 during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS FOR SUPPORT OF WORTHWHILE ORANIZATINS IN THE NORTHWOOD AREA VICINTIY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Hilton Trustee | 1 | $0 | |
Janet K Neuschwanger Trustee | 1 | $0 | |
Susanne M Olson White Trustee | 1 | $0 | |
John H Greve Sec./treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,397 |
| Interest on Savings | $0 |
| Dividends & Interest | $800 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,197 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,939 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $37,351 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ronald L Olson Foundation has awarded $3,501 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWOOD UNITED METHODIST CHURCH PURPOSE: HYMNALS | $1,001 |
NOTHWOOD MEALS ON WHEELS PURPOSE: SUPPORT | $1,000 |
WORTH COUNTY 4-H PURPOSE: EDUATIONAL | $1,000 |
GLOBE GAZETTE CHEER FUND PURPOSE: SUPPORT FOR NEEDY | $500 |
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