Richard B and Barbara B Odlin Foundation is a 501(c)(3) organization based in Spotsylvania, Virginia, registered in 1997, with $59,109 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$59K
▲ 1854.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$52K
Net assets
$264K
Employees
—
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 Richard B and Barbara B Odlin Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Richard B and Barbara B Odlin Foundation: 61 mo reserves · +12% margin earns a B+ on this criterion. See the exact thresholds →
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 Richard B and Barbara B Odlin Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Richard B and Barbara B Odlin Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $8,078 (FY2013) to $59K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
12.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$264K
Total liabilities
$0
Net assets
$264K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $59,109▲1854% | $51,981▲93.7% | $263,637▲2.8% | $263,637▲2.8% | 990PF |
| 2023 | -$3,370▼183% | $26,831▲0.3% | $256,509▼10.5% | $256,509▼10.5% | 990PF |
| 2022 | $4,046▼88.8% | $26,751▼44.3% | $286,710▼7.3% | $286,710▼7.3% | 990PF |
| 2021 | $36,043▲347% | $48,023▲74.9% | $309,415▼3.5% | $309,415▼3.5% | 990PF |
| 2020 | $8,062▲138% | $27,462▲25.1% | $320,795▼5.6% | $320,795▼5.6% | 990PF |
| 2019 | -$21,093▼278% | $21,953▼22.8% | $339,873▼11.2% | $339,873▼11.2% | 990PF |
| 2018 | $11,840▲30.3% | $28,428▲5.2% | $382,591▼3.9% | $382,591▼3.9% | 990PF |
| 2017 | $9,087▼7.7% | $27,019▼0.6% | $398,264▼3.7% | $398,264▼3.7% | 990PF |
| 2016 | $9,850▲19.3% | $27,185▲8.1% | $413,493▼3.5% | $413,493▼3.5% | 990PF |
| 2015 | $8,256▼73.2% | $25,141▲2.4% | $428,696▼2.9% | $428,696▼2.9% | 990PF |
| 2014 | $30,819▲282% | $24,551▼10.9% | $441,637▲0.5% | $441,637▲0.5% | 990PF |
| 2013 | $8,078 | $27,548▲6.0% | $439,472▼1.8% | $439,472▼1.8% | 990PF |
| 2012 | — | $25,998▲14.3% | $447,396▼0.9% | $447,396▼0.9% | 990PF |
| 2011 | — | $22,738▼14.1% | $451,582▲1.5% | $451,582▲1.5% | 990PF |
| 2010 | — | $26,460 | $444,765 | $444,765 | 990PF |
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.
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Data for Richard B and Barbara B Odlin Foundation (EIN 91-1746644) 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.