Richard E Olivieri Family Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Richard E Olivieri Family Foundation Inc is a 501(c)(3) organization based in Virginia Bch, Virginia, registered in 1985, with $80,958 in FY2024 revenue. CharityIndex grades it C+.
1120 Laskin Rd Ste 101, Virginia Bch, VA, 23451 EIN 54-1308959 Since 1985
Revenue (FY2024)
$81K
▲ 82.3% vs prior year
Expenses (FY2024)
$75K
Net assets
$338K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Richard E Olivieri Family 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 →
AFinancial health25% of the rating54 mo reserves · +7% 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 Richard E Olivieri Family Foundation Inc: 54 mo reserves · +7% margin earns a A 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 Richard E Olivieri Family 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 →
DTransparency10% of the rating1 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 Richard E Olivieri Family Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1120 Laskin Rd Ste 101, Virginia Bch, VA, 23451
- City
- Virginia Bch
- State
- Virginia
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $21K (FY2014) to $81K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $338K
Operating margin
6.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$338K
Total liabilities
$0
Net assets
$338K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,958▲82.3% | $75,377▲101% | $338,400▲1.6% | $338,400▲1.6% | 990PF |
| 2023 | $44,412▼38.4% | $37,526▼45.0% | $333,053▲2.0% | $333,053▲2.0% | 990PF |
| 2022 | $72,076▲306% | $68,260▲250% | $326,399▲2.5% | $326,399▲2.5% | 990PF |
| 2021 | $17,736▼10.5% | $19,486▼9.1% | $318,507▼2.0% | $318,507▼2.0% | 990PF |
| 2020 | $19,827▲2.8% | $21,435▼6.8% | $324,876▼1.9% | $324,876▼1.9% | 990PF |
| 2019 | $19,284▼2.9% | $23,000▲72.2% | $331,147▼2.6% | $331,147▼2.6% | 990PF |
| 2018 | $19,855▼8.0% | $13,360▲2.7% | $339,992▲0.8% | $339,992▲0.8% | 990PF |
| 2017 | $21,575▲4.7% | $13,003▼34.1% | $337,413▲2.6% | $337,413▲2.6% | 990PF |
| 2016 | $20,597▼14.7% | $19,720▼2.9% | $329,017▲0.1% | $329,017▲0.1% | 990PF |
| 2015 | $24,152▲13.8% | $20,307▼4.8% | $328,607▲1.1% | $328,607▲1.1% | 990PF |
| 2014 | $21,228 | $21,323 | $325,125 | $325,125 | 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.
Frequently asked questions
- Is Richard E Olivieri Family Foundation Inc a legitimate nonprofit?
- Yes. Richard E Olivieri Family Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1308959, based in Virginia Bch, Virginia. Donations are tax-deductible.
- What is Richard E Olivieri Family Foundation Inc's EIN?
- Richard E Olivieri Family Foundation Inc's Employer Identification Number (EIN) is 54-1308959.
- How much revenue does Richard E Olivieri Family Foundation Inc report?
- Richard E Olivieri Family Foundation Inc reported $80,958 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard E Olivieri Family Foundation Inc have?
- CharityIndex grades Richard E Olivieri Family Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Richard E Olivieri Family Foundation Inc (EIN 54-1308959) 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.