Verna S Oller Foundation
Only null% goes to programs Strong reserves Declining revenue
Verna S Oller Foundation is a 501(c)(3) organization based in Long Beach, Washington, registered in 2013, with $28,664 in FY2024 revenue. CharityIndex grades it C.
Po Box 382, Long Beach, WA, 98631 EIN 45-4050823 Since 2013
Revenue (FY2024)
$29K
▼ 32.3% vs prior year
Education median: $200K
Expenses (FY2024)
$34K
Net assets
$898K
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 Verna S Oller 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 rating315 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 Verna S Oller Foundation: 315 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 Verna S Oller 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 Verna S Oller Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 382, Long Beach, WA, 98631
- City
- Long Beach
- State
- Washington
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue declined from $685K (FY2013) to $29K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $898K
Operating margin
-19.3%
Spent more than it raised in the latest fiscal year.
Total assets
$898K
Total liabilities
$0
Net assets
$898K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $28,664▼32.3% | $34,196▲20.2% | $898,152▼0.6% | $898,152▼0.6% | 990 |
| 2023 | $42,357▲21.1% | $28,457▲0.5% | $903,684▲1.6% | $903,684▲1.6% | 990 |
| 2022 | $34,973▼55.7% | $28,321▲16.0% | $889,784▲0.8% | $889,784▲0.8% | 990 |
| 2021 | $79,000▲62.7% | $24,408▼2.9% | $883,132▲6.6% | $883,132▲6.6% | 990 |
| 2020 | $48,556▲961% | $25,130▼4.4% | $828,540▲2.9% | $828,540▲2.9% | 990 |
| 2019 | $4,575▼94.0% | $26,298▲23.1% | $805,114▼2.6% | $805,114▼2.6% | 990 |
| 2018 | $76,336▲230% | $21,365▲74.7% | $826,837▲18.8% | $826,837▲18.8% | 990 |
| 2014 | $23,153▼96.6% | $12,229▲5696% | $695,742▲1.6% | $695,742▲1.6% | 990 |
| 2013 | $685,029 | $211 | $684,818 | $684,818 | 990 |
| 2012 | — | $0 | $0 | $0 | 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.
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Frequently asked questions
- Is Verna S Oller Foundation a legitimate nonprofit?
- Yes. Verna S Oller Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-4050823, based in Long Beach, Washington. Donations are tax-deductible.
- What is Verna S Oller Foundation's EIN?
- Verna S Oller Foundation's Employer Identification Number (EIN) is 45-4050823.
- How much revenue does Verna S Oller Foundation report?
- Verna S Oller Foundation reported $28,664 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Verna S Oller Foundation have?
- CharityIndex grades Verna S Oller Foundation C, based on financial health (reserves and operating margin).
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Data for Verna S Oller Foundation (EIN 45-4050823) 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.