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Olivia's Hope Foundation Inc

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

EIN: 812185039 ✦ Syosset, NY ✦ Designated as a 501(c)(3)

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Overview

What is Olivia's Hope Foundation Inc?

Olivia's Hope Foundation Inc, based in Syosset, New York, is a nonprofit organization with a mission to contribute financially to other nonprofit entities working on cancer research. Their primary goal is to fund initiatives aimed at discovering a cure for cancer and offer support to families whose children are currently undergoing cancer treatment. The foundation makes donations to these organizations, extending its reach beyond its own capacity and collectively contributing to the fight against cancer.

Is Olivia's Hope Foundation Inc legitimate?

Olivia's Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olivia's Hope Foundation Inc 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: $11,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Olivia's Hope Foundation Inc?

Olivia's Hope Foundation Inc's mission is centered around contributing to cancer research and supporting families with children undergoing treatment. The foundation accomplishes this by making donations to various nonprofit organizations. Their primary goal is to work towards finding a cure for cancer. Additionally, the organization extends its support to families, providing them with much-needed assistance during their challenging journey. The donations made by Olivia's Hope Foundation Inc aim to contribute to the collective effort in the fight against cancer, ultimately aiming to improve the lives of those affected.

Who is the CEO of Olivia's Hope Foundation Inc?

Michelle Lorusso is the President of Olivia's Hope Foundation Inc.

What is the revenue of Olivia's Hope Foundation Inc?

Olivia's Hope Foundation Inc's revenue in 2022 was $203,163.

Who are the executives of Olivia's Hope Foundation Inc and what are their salaries?

There 10 volunteers at Olivia's Hope Foundation Inc.


Here are 6 key members and their salaries:


Mike Nikolai (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Donato (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Mcmanus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Lorusso (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauree Vasta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Nikolai (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Olivia's Hope Foundation Inc?

Olivia's Hope Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Olivia's Hope Foundation Inc

Olivia's Hope Foundation Inc is dedicated to making donations to various nonprofit organizations for the purpose of advancing cancer research and offering support to families whose children are currently undergoing cancer treatment. The foundation's mission is twofold: to contribute financially to organizations working towards a cure for cancer and to assist the families of these affected children. By donating to these nonprofits, Olivia's Hope Foundation Inc plays a crucial role in the broader quest to combat cancer and improve the lives of families who are navigating this challenging journey. The foundation's actions are aimed at fostering hope and providing much-needed resources during a difficult time.

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Impact




October, 2024

Olivia's Hope Foundation Inc plays a crucial role in the fight against cancer by channeling funds into vital research and providing support to families with children undergoing treatment. By raising money and redistributing donations to organizations focused on cancer research, they contribute to the pursuit of a cure. Additionally, they offer assistance to families in need, helping to alleviate some of the burdens faced by those navigating the challenges of pediatric cancer treatment. Based in Syosset, NY, the foundation's impact is both tangible and transformative, aiming to improve outcomes for children and support their families during difficult times.




This information is meant to be a general summary of Olivia's Hope Foundation Inc. 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
$203,163 (2022)
Expenses
$211,335 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $203,163

Assets and Liabilities:

  • Total Assets: $335,269
  • Total Liabilities: $5,041
  • Net Assets: $330,228

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Organization Details

Founding Year

2018

Principal Officer

Michelle Lorusso

Main Address

316 JACKSON AVENUE, SYOSSET, NY, 11791

NTEE Category

Code: G30 - Disease

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