Receptions For Research - the Greg Olsen Foundation Inc
Only null% goes to programs Thin reserves Growing revenue
Receptions For Research - the Greg Olsen Foundation Inc is a 501(c)(3) organization based in Ft Lauderdale, Florida, registered in 2010, with $1,345,731 in FY2024 revenue. CharityIndex grades it D.
200 E Las Olas Blvd Ste 1550, Ft Lauderdale, FL, 33301 EIN 27-0843891 Since 2010
Revenue (FY2024)
$1.3M
▼ 7.9% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$2.2M
Net assets
-$2.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Receptions For Research - the Greg Olsen Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -62% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Receptions For Research - the Greg Olsen Foundation Inc: 0 mo reserves · -62% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Receptions For Research - the Greg Olsen Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Receptions For Research - the Greg Olsen Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 200 E Las Olas Blvd Ste 1550, Ft Lauderdale, FL, 33301
- City
- Ft Lauderdale
- State
- Florida
- Category
- Medical Research
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $341K (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.2MNet assets -$2.2M
Operating margin
-62.0%
Spent more than it raised in the latest fiscal year.
Total assets
$986K
Total liabilities
$3.2M
Net assets
-$2.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,345,731▼7.9% | $2,180,403▼20.3% | -$2,194,170▼61.4% | $986,165▲23.0% | 990 |
| 2023 | $1,460,697▲18.9% | $2,735,349▲380% | -$1,359,498▼1502% | $801,488▲49.4% | 990 |
| 2022 | $1,228,890▲60.3% | $569,420▲289% | -$84,846▲88.6% | $536,599▲118% | 990 |
| 2021 | $766,582▲38.4% | $146,495▲26.5% | -$744,316▲45.4% | $245,684▼42.3% | 990 |
| 2020 | $553,897▼16.4% | $115,816▼82.0% | -$1,364,403▼1092% | $425,597▲199% | 990 |
| 2019 | $662,551▼16.8% | $644,702▼23.0% | $137,516▲10.3% | $142,438▲14.3% | 990 |
| 2018 | $795,909▼3.2% | $837,307▼2.4% | $124,667▼24.9% | $124,667▼24.9% | 990 |
| 2017 | $821,992▲6.4% | $858,104▲20.7% | $166,065▼17.9% | $166,065▼17.9% | 990 |
| 2016 | $772,295▲53.4% | $710,972▲45.4% | $202,177▲43.5% | $202,177▲43.5% | 990 |
| 2015 | $503,430▲67.8% | $488,922▲89.0% | $140,854▲11.5% | $140,854▲11.5% | 990 |
| 2014 | $299,946▼12.1% | $258,636▼21.3% | $126,346▲48.6% | $126,346▲48.6% | 990 |
| 2013 | $341,270 | $328,487▲122% | $85,036▲17.7% | $85,051▲17.7% | 990 |
| 2012 | — | $148,108▲53.5% | $72,253▼36.0% | $72,288▼36.3% | 990 |
| 2011 | — | $96,491▲27.4% | $112,967▲19.3% | $113,519▲19.9% | 990 |
| 2010 | — | $75,758 | $94,667 | $94,667 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $395K total
24 grants to Receptions For Research - the Greg Olsen Foundation Inc totaling $395K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Atrium Health Foundation | Support for pediatric heart fundraising programs | 2024 | $21,000 |
| Foundation For the Carolinas | Charitable gift | 2024 | $18,800 |
| Impactassets Inc | General support | 2024 | $10,000 |
| Atrium Health Foundation | Support for pediatric heart fundraising programs | 2023 | $17,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $10,000 |
| Atrium Health Foundation | Support for pediatric health fundraising programs | 2022 | $10,000 |
| Foundation For the Carolinas | Charitable gift | 2021 | $28,500 |
| Atrium Health Foundation | Support for pediatric health fundraising programs | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $8,150 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $8,150 |
| Atrium Health Foundation | Support for childrens health fundraising programs | 2019 | $10,000 |
| Foundation For the Carolinas | Charitable gift | 2019 | $10,000 |
| United Way Worldwide | 2018 moy grant | 2018 | $100,000 |
| Foundation For the Carolinas | Charitable gift | 2018 | $55,000 |
| Network For Good Inc | Unrestricted | 2018 | $7,256 |
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Compare Receptions For Research - the Greg Olsen Foundation Inc
Frequently asked questions
- Is Receptions For Research - the Greg Olsen Foundation Inc a legitimate nonprofit?
- Yes. Receptions For Research - the Greg Olsen Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-0843891, based in Ft Lauderdale, Florida. Donations are tax-deductible.
- What is Receptions For Research - the Greg Olsen Foundation Inc's EIN?
- Receptions For Research - the Greg Olsen Foundation Inc's Employer Identification Number (EIN) is 27-0843891.
- How much revenue does Receptions For Research - the Greg Olsen Foundation Inc report?
- Receptions For Research - the Greg Olsen Foundation Inc reported $1,345,731 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Receptions For Research - the Greg Olsen Foundation Inc have?
- CharityIndex grades Receptions For Research - the Greg Olsen Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Receptions For Research - the Greg Olsen Foundation Inc (EIN 27-0843891) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.