Olive Osmond Hearing Fund
- Assets
- $1.3m
- Revenue
- $110.3k
- Investments
- $0.0
- Employees
- 1
- Location
- St George, UT
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 27-3190112
Organization Overview
Olive Osmond Hearing Fund is located in St George, UT. The organization was established in 2011. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olive Osmond Hearing Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Olive Osmond Hearing Fund generated $110.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $66.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE THE PUBLIC AND ASSIST DEAF AND HARD-OF-HEARING INDIVIDUALS RECEIVE HEARING AIDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE THE PUBLIC AND ASSIST DEAF AND HARD-OF-HEARING INDIVIDUALS RECEIVE HEARING AIDS. HEARING AIDS AND DIRECT SERVICES PROVIDED TO MULTIPLE INDIVIDUALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Osmond CEO | Officer | 10 | $16,623 |
Mary Osmond Secretary/tr | OfficerTrustee | 1 | $0 |
Kristi Osmond COO | Officer | 8 | $0 |
Doug Solstad CPA CFO | Officer | 1 | $0 |
Shane Osmond Chairman | Trustee | 1 | $0 |
Merrill Osmond Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,358 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,598 |
| Noncash contributions included in lines 1a–1f | $100,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,956 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,664 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,292 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $25,013 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,623 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,982 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $759 |
| Fees for services: Accounting | $3,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $773 |
| Office expenses | $7,880 |
| Information technology | $1,648 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $66,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,562 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $585,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $398,725 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,270,287 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,270,287 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,270,287 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Olive Osmond Hearing Fund has recieved totaling $149.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $149 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Andre Agassi Foundation For Education Las Vegas, NV | $0 | $4,556,669 |
Joy To The World Foundation Colorado Springs, CO | $19,682,188 | $4,242,361 |
Southeastern Arizona Community Action Program Inc Safford, AZ | $455,386 | $2,811,093 |
Another Round Another Rally Phoenix, AZ | $1,059,733 | $1,710,638 |
Phoenix Suns Charities Inc Phoenix, AZ | $1,755,436 | $2,395,370 |
Vivint Gives Back Provo, UT | $1,105,796 | $2,149,372 |
Early Milestones Colorado Denver, CO | $1,699,059 | $1,648,008 |
Saguache County Community Council Center, CO | $3,125,194 | $1,411,274 |
Not For Sale Fund Las Vegas, NV | $3,527,529 | $1,101,549 |
Friends Of Casa Hogar Reno, NV | $1,071,009 | $1,669,785 |
Lubirds Light Foundation Denver, CO | $140,980 | $761,763 |
Usbg National Charity Foundation Henderson, NV | $905,536 | $708,898 |