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Olson Inst For Agriculture & Education

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204014362 ✦ St george, UT ✦ Designated as a 501(c)(3)

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Overview

What is Olson Inst For Agriculture & Education?

The Olson Institute for Agriculture & Education, located at 1624 N Raven Lane, St George, Utah 84770, is a nonprofit organization that generously grants funds to Brigham Young University - Hawaii and the Polynesian Cultural Center. Their primary objective is to foster advancements in agriculture and education by offering financial support. The institute's mission is multifaceted, aiming to contribute positively to these two crucial sectors.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)

The Olson Institute for Agriculture & Education has received an overall score of 84%, reflecting a strong emphasis on accountability and finance. This rating is based solely on their Accountability & Finance Score, indicating that the organization is effectively managing its resources and maintaining transparency.

Strengths of the organization include having a completely independent board, with all 10 members meeting this criterion. The charity shows no signs of material diversion of assets and adheres to multiple governance policies, such as a conflict of interest and whistleblower policy. Their program expense ratio is commendable at 72.39%, suggesting that a significant portion of their funding is directed towards their programs.

While the organization displays strong financial practices, potential donors may want to consider areas not covered in the rating, such as program effectiveness and impact. Nonetheless, the Olson Institute for Agriculture & Education demonstrates a commitment to responsible financial management and governance.


This AI summary has been generated from information found on Charity Navigator.

Is Olson Inst For Agriculture & Education legitimate?

Olson Inst For Agriculture & Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olson Inst For Agriculture & Education submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Olson Inst For Agriculture & Education?

The Olson Institute for Agriculture & Education is committed to providing financial assistance for the advancement of agriculture and education. This organization offers grants and awards to support these sectors, specifically to Brigham Young University - Hawaii and the Polynesian Cultural Center. By providing these funds, the institute aims to contribute to the growth and development of both agricultural practices and educational programs. The grants and awards offered by the Olson Institute are instrumental in fostering innovation and progress in these fields.

Who is the CEO of Olson Inst For Agriculture & Education?

Michael Mills is the Director of Olson Inst For Agriculture & Education.

What is the revenue of Olson Inst For Agriculture & Education?

Olson Inst For Agriculture & Education's revenue in 2022 was $205,060.

Who are the executives of Olson Inst For Agriculture & Education and what are their salaries?


Here are 2 key members and their salaries:


William D Mcbrearty (Director)
  • Compensation: $72,000
  • Related: $0
  • Other: $0
Michael Mills (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Olson Inst For Agriculture & Education?

Olson Inst For Agriculture & Education's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Olson Inst For Agriculture & Education

The Olson Institute for Agriculture & Education is a nonprofit organization dedicated to providing grants and awards. Its mission, in simple terms, is to support the fields of agriculture and education. Specifically, it channels its resources towards Brigham Young University - Hawaii and the Polynesian Cultural Center, contributing to their ongoing activities and initiatives. By offering financial assistance, the Olson Institute aims to foster growth and development in these two crucial areas, ultimately contributing to a broader societal impact.

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Impact




October, 2024

The Olson Institute for Agriculture & Education significantly impacts the fields of agriculture and education through its grant-making efforts. By providing financial support to institutions like Brigham Young University - Hawaii and the Polynesian Cultural Center, the organization fosters advancements in agricultural practices and educational initiatives. This support not only enhances academic programs but also encourages research and community engagement in agricultural development. Through these efforts, the Olson Institute contributes to sustainable agricultural practices and the dissemination of knowledge, promoting food security and cultural understanding.




This information is meant to be a general summary of Olson Inst For Agriculture & Education. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$205,060 (2022)
Expenses
$189,573 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $60
  • Program Service Revenue: $75,000
  • Gross Receipts: $205,060

Assets and Liabilities:

  • Total Assets: $2,306,619
  • Total Liabilities: $0
  • Net Assets: $2,306,619

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Div from Cackle Fresh Egg

Revenue

$75,000

Organization Details

Principal Officer

Michael Mills

Main Address

1624 N Raven Lane, St George, UT, 84770

NTEE Category

Code: K12 - Food

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