Olive Branch
- Assets
- $30.3k
- Revenue
- $519.3k
- Investments
- $0.0
- Employees
- 26
- Location
- Minerva, OH
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 32-0306942
Organization Overview
Olive Branch is located in Minerva, OH. The organization was established in 2011. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Olive Branch employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olive Branch 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 12/2021, Olive Branch generated $519.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $477.0k during the year ending 12/2021. While expenses have increased by 17.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESIDENTIAL HOUSING AND SERVICES TO MENTALLY CHALLENGED ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES ARE HOUSING AND LIVING EXPENSES INCURRED FOR THE FOSTER HOMES/GROUP HOMES FOR MENTALLY CHALLENGED ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Young Executive Director | Officer | 40 | $64,555 |
Mareitta Schrock Bookkeeper | Officer | 3 | $3,900 |
Russell Zimmerman Treasurer | OfficerTrustee | 1 | $0 |
James Weaver Vice Chairman | OfficerTrustee | 1 | $0 |
Loyal Yoder Secretary | OfficerTrustee | 1 | $0 |
Nathan Nolt Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,150 |
| Related organizations | $0 |
| Government grants | $29,506 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,208 |
| Total Program Service Revenue | $360,913 |
| 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 | $55,521 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $519,299 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $112,847 |
| Compensation of current officers, directors, key employees. | $64,555 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $252,065 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $33,150 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,481 |
| Office expenses | $1,750 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,183 |
| All other expenses | $6,004 |
| Total functional expenses | $477,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,277 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,277 |
| Accounts payable and accrued expenses | $15,711 |
| 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 | $15,711 |
| Net assets without donor restrictions | $0 |
| 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 | $14,566 |
| Total liabilities and net assets/fund balances | $30,277 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Olive Branch has recieved totaling $6,650.
| Awarding Organization | Amount |
|---|---|
Anabaptist Foundation Lewisburg, PA PURPOSE: Operations | $6,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pacific Gas & Electric Long-Term Disability Trust For Non-Union Emp Pittsburgh, PA | $32,740,519 | $8,478,882 |
Refuge For Women Lexington, KY | $5,442,054 | $5,166,887 |
Inclusive Housing Resources Cincinnati, OH | $261,986 | $1,136,762 |
Sundara Non-Profit Housing Corp Marquette, MI | $619,190 | $698,687 |
St Clements Nonprofit Housing Development Corporation Inkster, MI | $546,975 | $497,067 |
Olive Branch Minerva, OH | $30,277 | $519,299 |
Cedar Meadows Inc Akron, OH | $984,032 | $410,431 |
Center For Neurological Development Inc Burkettsville, OH | $2,759,672 | $438,816 |
Warren Sherman Housing Inc Toledo, OH | $0 | $778,428 |
Pioneer House Inc Muskegon, MI | $430,059 | $309,007 |
Skyline Recovery Pittsburgh, PA | $178,750 | $306,196 |
Penn Villa Corp Sellersville, PA | $3,806,788 | $141,447 |