Olive Branch is located in Meridian, MS. The organization was established in 2018. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, 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. Olive Branch 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, Olive Branch generated $81.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $87.4k during the year ending 12/2021. While expenses have increased by 11.8% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT OTHER NON-PROFIT ORGANIZATIONS BY DONATING FURNITURE AND ITEMS TO HELP PEOPLE IN NEED
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $81,849 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $81,849 |
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 | $3,735 |
Occupancy, rent, utilities, and maintenance | $51,681 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $32,028 |
Total expenses | $87,444 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $58,891 |
Other assets | $0 |
Total assets | $58,891 |
Total liabilities | $0 |
Net assets or fund balances | $58,891 |
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