OLIVESEED FOUNDATION (EIN 821693564) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

BARBARA MACKRAZ

Phone

6509068548

Tax Period

2023-01-01 to 2023-12-31

OLIVESEED FOUNDATION, founded in 2017, is a small nonprofit in the Education sector that reported $361K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. Expenses of $314K left a modest 13% surplus.

Mission

OLIVESEED FOUNDATION DEVELOPS PROGRAMS AND RESOURCES IN LITERACY, EDUCATION, AND SUSTAINABLE DEVELOPMENT IN GRASSROOTS COLLABORATION WITH RURAL COMMUNITIES IN KENYA AND MOROCCO. AMONG OUR INITIATIVES, WE ESTABLISH HIGH-QUALITY LIBRARIES, SCIENCE LABS, AND LEARNING CENTERS FOR SCHOOLS IN GREATEST NEED; BUILD CLEAN WATER FACILITIES FOR WATER-SCARCE COMMUNITIES; AND RUN A WOMEN'S WORK CENTER IN KENYA WITH INCOME-GENERATING MICRO-ENTERPRISES FOR WOMEN WHO HAVE NO OTHER ECONOMIC OPPORTUNITIES. IN MOROCCO, WE ALSO HAVE A NATIONWIDE SHORT STORY COMPETITION FOR STUDENTS THAT EVOLVED OUT OF OUR LIBRARY PROGRAM THERE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $360,919

Program Service Revenue $0

Investment Income $0

Other Revenue $70

TOTAL REVENUE $360,989

Expense Breakdown

Grants Paid $195,193

Salaries & Benefits $62,300

Fundraising Expenses $5,867

Program Expenses $282,114

Other Expenses $56,220

TOTAL EXPENSES $313,713

Year-over-Year Comparison

	2023	2022	Change
Revenue	$360,989	$192,175	+0.9%
Expenses	$313,713	$218,289	+0.4%
Net Income	$47,276	$-26,114	-2.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA MACKRAZ	FOUNDER & EXECUTIVE DIRECTOR	40.00	Officer Director	$12,000	$0	$12,000
HAASAN SAADAOUI	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
ROBERT CRAIG	TREASURER	3.00	Officer Director	$0	$0	$0
KAREN BERNER	SECRETARY	3.00	Officer Director	$0	$0	$0
KATHARINE BECKWITH	BOARD MEMBER	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$360,989	$313,713	$79,093	$47,276

OLIVESEED FOUNDATION