Tom W Olofson Family Foundation
Only null% goes to programs Strong reserves Growing revenue
Tom W Olofson Family Foundation is a 501(c)(3) organization based in Hidden Hills, California, registered in 2002, with $146,597 in FY2024 revenue. CharityIndex grades it C.
5403 Jed Smith Rd, Hidden Hills, CA, 91302 EIN 43-1945167 Since 2002
Revenue (FY2024)
$147K
▲ 47.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$174K
Net assets
$1.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Tom W Olofson Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating102 mo reserves · -19% 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 Tom W Olofson Family Foundation: 102 mo reserves · -19% margin earns a C+ 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 Tom W Olofson Family Foundation— 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 Tom W Olofson Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5403 Jed Smith Rd, Hidden Hills, CA, 91302
- City
- Hidden Hills
- State
- California
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $315K (FY2013) to $147K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.5M
Operating margin
-18.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $146,597▲47.0% | $174,243▲12.6% | $1,486,912▼1.9% | $1,486,912▼1.9% | 990PF |
| 2023 | $99,754▼50.4% | $154,803▲144% | $1,515,935▼3.5% | $1,515,935▼3.5% | 990PF |
| 2022 | $201,287▲89.7% | $63,526▼78.6% | $1,570,350▼10.7% | $1,570,350▼10.7% | 990PF |
| 2021 | $106,118▲296% | $297,231▲3.0% | $1,758,093▼9.8% | $1,758,093▼9.8% | 990PF |
| 2020 | -$54,227▼155% | $288,531▼63.2% | $1,949,206▼15.1% | $1,949,206▼15.1% | 990PF |
| 2019 | $99,291▼14.4% | $783,130▲50.0% | $2,297,064▼19.2% | $2,297,064▼19.2% | 990PF |
| 2018 | $115,927▼28.2% | $522,063▼50.4% | $2,844,222▼11.0% | $2,844,222▼11.0% | 990PF |
| 2017 | $161,533▲60.2% | $1,051,732▲811% | $3,194,625▼30.9% | $3,194,625▼30.9% | 990PF |
| 2015 | $100,808▼94.2% | $115,394▼49.1% | $4,626,266▼0.3% | $4,626,266▼0.3% | 990PF |
| 2014 | $1,742,829▲454% | $226,712▼32.1% | $4,640,852▲48.5% | $4,640,852▲48.5% | 990PF |
| 2013 | $314,812 | $333,674▲64.0% | $3,124,735▼0.6% | $3,124,735▼0.6% | 990PF |
| 2012 | — | $203,506▲99.9% | $3,143,597▲1.9% | $3,143,597▲1.9% | 990PF |
| 2011 | — | $101,801▼59.5% | $3,084,997▲0.9% | $3,084,997▲0.9% | 990PF |
| 2010 | — | $251,556 | $3,058,897 | $3,058,897 | 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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Frequently asked questions
- Is Tom W Olofson Family Foundation a legitimate nonprofit?
- Yes. Tom W Olofson Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 43-1945167, based in Hidden Hills, California. Donations are tax-deductible.
- What is Tom W Olofson Family Foundation's EIN?
- Tom W Olofson Family Foundation's Employer Identification Number (EIN) is 43-1945167.
- How much revenue does Tom W Olofson Family Foundation report?
- Tom W Olofson Family Foundation reported $146,597 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Tom W Olofson Family Foundation have?
- CharityIndex grades Tom W Olofson Family Foundation C, based on financial health (reserves and operating margin).
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Data for Tom W Olofson Family Foundation (EIN 43-1945167) 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.