Olivias Bears Inc
- Assets
- $62.1k
- Revenue
- $66.9k
- Investments
- $0.0
- Employees
- 0
- Location
- North Tonawanda, NY
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 84-3058333
Organization Overview
Olivias Bears Inc is located in North Tonawanda, NY. The organization was established in 2019. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olivias Bears Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OLIVIA'S BEARS IS A NOT-FOR-PROFIT ORGANIZATION, CREATED BY OLIVIA GONYEA AND HER FAMILY IN 2009. OLIVIA WAS DIAGNOSED WITH EWINGS SARCOMA, A FORM OF BONE CANCER, IN 2009 AT THE AGE OF EIGHT. AS OF OCTOBER 1ST, 2010, OLIVIA HAS BEEN CANCER-FREE. BEFORE OLIVIA'S TREATMENT ENDED, SHE WANTED TO FIND A WAY TO START GIVING BACK TO THE COMMUNITY. TOUCHED BY THE GIFT OF A BUILD- A-BEAR THAT SHE RECEIVED BEFORE GOING INTO ONE OF HER SURGERIES, SHE DECIDED SHE WANTED TO START DELIVERING BEARS TO OTHER CHILDREN RECEIVING MEDICAL TREATMENT AT CHILDREN'S HOSPITAL. WITH THE HELP OF FRIENDS AND FAMILY, OLIVIA'S BEARS STARTED WITH A SMALL DELIVERY OF 20 BEARS. NOW 14 YEARS LATER, OVER A THOUSAND BEARS HAVE BEEN DELIVERED TO CHILDREN AND THEIR SIBLINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION OF THOUSANDS OF BEARS AND OTHER GOODS/SERVICES DELIVERED TO SICK CHILDREN AND THEIR SIBLINGS ALL ACROSS WNY.
ANNUAL GOLF TOURNAMENT TO RAISE ADDITIONAL FUNDS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Diguisepppe Treasurer | Officer | 10 | $0 |
Alexandra Gonyea Vice Preside | Officer | 10 | $0 |
Kenneth Gonyea Director | Officer | 10 | $0 |
Mary Gonyea President | Officer | 10 | $0 |
Brooke Mollosky Secretary | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $66,947 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $865 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $29,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,069 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $62,069 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $62,070 |
| Retained earnings, endowment, accumulated income, or other funds | -$1 |
| Total liabilities and net assets/fund balances | $62,069 |