Olney Home For Life
- Assets
- $28.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olney, MD
- Founding
- 09/2012
- Data as of
- 12/2023
- EIN
- 80-0765594
Organization Overview
Olney Home For Life is located in Olney, MD. The organization was established in 2012. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olney Home For Life 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 12/2023, Olney Home For Life generated $28.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $25.7k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZATION'S MISSION: TO ESTABLISH AND MAINTAIN AN ORGANIZATION THAT FACILITATES VOLUNTARY RESIDENT TO RESIDENT ASSISTANCE FOR AND WITH SENIORS. OUR EFFORTS CONCENTRATE ON SERVICES AND DEMANDS ASSOCIATES WITH INCLUSION, ENGAGEMENT, SAFETY, AND COMFORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William S Isaacs III Treasurer | 0.5 | $0 | |
Frank Cottone Vice President | 0.5 | $0 | |
Pam Grant Director | 0.5 | $0 | |
Larry Willett Director | 0.5 | $0 | |
Darlene Gebicke Director | 0.5 | $0 | |
Audrey Partington Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,048 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,497 |
| Other Revenue | $0 |
| Total Revenue | $28,545 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $680 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $249 |
| Other expenses | $24,805 |
| Total expenses | $25,734 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,483 |
| Other assets | $0 |
| Total assets | $28,176 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,176 |