Olive Branch Initiative is located in Akron, OH. The organization was established in 2017. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olive Branch Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ONGOING EXISTING CLIENT TRAINING SERVICES FOR NEW CONTRACTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev David L Hood CEO | 15 | $15,000 | |
Cheryl L Hood CFO | 5 | $0 | |
Aaron C Smith COO | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $81,123 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,123 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,485 |
| Salaries, other compensation, and employee benefits | $40,781 |
| Professional fees and other payments to independent contractors | $2,531 |
| Occupancy, rent, utilities, and maintenance | $2,952 |
| Printing, publications, postage, and shipping | $1,516 |
| Other expenses | $33,020 |
| Total expenses | $83,285 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,925 |
| Other assets | $0 |
| Total assets | $60,925 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,925 |