FT LAUDERDALE, FL
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Sign In — Free (10 views/day)RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION, founded in 2009, is a community nonprofit in the Medical Research sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $2.2M exceeded revenue, resulting in a 62% operating deficit.
THE GREG OLSEN FOUNDATION WAS ESTABLISHED IN 2009 TO PROVIDE HOSPITALS, DOCTORS AND SCHOLARS THE RESOURCES NECESSARY TO ENHANCE THE LIVES OF THOSE AFFECTED BY VARIOUS FORMS OF CANCER AND CARDIOVASCULAR DISEASES OR DISORDERS. WE PARTNER WITH LOCAL AND NATIONAL ORGANIZATIONS IN OUR PURSUIT TO DISCOVER A CURE FOR THESE DEBILITATING DISEASES. IT IS OUR GOAL TO MAKE SURE EVERYONE HAS A SECOND CHANCE IN LIFE.
RONALD MCDONALD HOUSE PROVIDES ESSENTIAL SERVICES THAT REMOVE BARRIERS, STRENGTHEN FAMILIES AND PROMOTE HEALING WHEN CHILDREN NEED HEALTHCARE.
IN JULY 2023, THE FOUNDATION EXECUTED A PLEDGE COMMITMENT AGREEMENT WITH ATRIUM HEALTH TO SUPPORT THE CONTINUED DEVELOPMENT OF THE HEARTEST YARD CONGENITAL HEART CENTER. THE FOUNDATION PLEDGED...
IN JULY 2023, THE FOUNDATION EXECUTED A PLEDGE COMMITMENT AGREEMENT WITH ATRIUM HEALTH TO SUPPORT THE CONTINUED DEVELOPMENT OF THE HEARTEST YARD CONGENITAL HEART CENTER. THE FOUNDATION PLEDGED $2,500,000 IN YEARLY INSTALLMENTS OF $500,000, WITH PAYMENTS COMMENCING IN 2024.THE GRANT WILL SUPPORT THE CENTER'S SPECIALIZED CARE PROGRAMS, SUCH AS THE NEURODEVELOPMENTAL PROGRAM, CHILDREN'S HIGH-ACUITY MONITORING PROGRAM (CHAMP) AND THE PEDIATRIC FONTAN CLINIC, WHICH PROVIDES ONGOING, HOLISTIC CARE TO PATIENTS WHO HAVE HAD A FONTAN PROCEDURE. IN ADDITION, THE DONATION WILL HELP DRIVE INNOVATION IN EDUCATION AND CARDIOVASCULAR CARE DELIVERY THROUGH THE ESTABLISHMENT OF AN ENDOWED CHAIR.
IN JANUARY 2024, THE FOUNDATION EXECUTED PLEDGE COMMITMENT WITH THE MEDICAL UNIVERSITY OF SOUTH CAROLINA'S SJCH HEART CENTER, WHERE THE FOUNDATION PLEDGED $1,800,000 IN YEARLY INSTALLMENTS OVER FIVE...
IN JANUARY 2024, THE FOUNDATION EXECUTED PLEDGE COMMITMENT WITH THE MEDICAL UNIVERSITY OF SOUTH CAROLINA'S SJCH HEART CENTER, WHERE THE FOUNDATION PLEDGED $1,800,000 IN YEARLY INSTALLMENTS OVER FIVE YEARS STARTING IN 2024.THE GOAL OF THIS PROGRAM IS TO BE ABLE TO PROVIDE MENTAL HEALTH SERVICES TO PATIENTS, FAMILIES AND STAFF OF THE PEDIATRIC HEART CENTER AT SJCH. THIS INCLUDES BUT NOT LIMITED TO AN INPATIENT PSYCHOLOGIST, ADVANCED PRACTICE PRACTITIONER COORDINATOR FOR INPATIENT AND OUTPATIENT PATIENTS AND RESOURCES TOWARD OUR MATERNAL FETAL MONITORING PROGRAMS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,345,731 | $1,460,697 | -0.1% |
| Expenses | $2,180,403 | $2,735,349 | -0.2% |
| Net Income | $-834,672 | $-1,274,652 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GREGORY W OLSEN | FOUNDER/CHAIRMAN | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| KARA OLSEN | CO-FOUNDER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN OLSEN | DIRECTOR OF COMMUNITY OUTREACH | 5.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH DOOLEY | CONTROLLER | 10.00 |
Director
|
$18,000 | $0 | $18,000 |
| KRISTEN MCCULLOUGH | DIRECTOR OF COMMUNICATIONS | 5.00 |
Director
|
$12,000 | $0 | $12,000 |
| DONALD ROBBINS | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| AMY LEVINE DAWSON | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| DOUG PORTER | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JOSE ARMARIO | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MOLLY ANSBRO | EXECUTIVE DIRECTOR | 40.00 |
Director
|
$97,728 | $0 | $97,728 |
| WILLIAM CULP | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| NATALIE STEWART | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,345,731 | $2,180,403 | $986,165 | $-834,672 |
| 2023 | $1,460,697 | $2,735,349 | $801,488 | $-1,274,652 |
| 2022 | $1,228,890 | $569,420 | $536,599 | $659,470 |
| 2021 | $766,582 | $146,495 | $245,684 | $620,087 |
| 2020 | $553,897 | $115,816 | $425,597 | $438,081 |
| 2019 | $662,551 | $644,702 | $142,438 | $17,849 |
| 2018 | $795,909 | $837,307 | $124,667 | $-41,398 |
Compare RECEPTIONS FOR RESEARCH THE GREG OLSEN FOUNDATION with other nonprofits in Florida and across the country.