OLIVER PATCH PROJECT INC

EIN: 854222759 501(c)(3) Human Services

MIAMI, FL

Total Revenue
$611,260
Total Expenses
$536,494
Total Assets
$199,188
Net Assets
$199,188
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
FL
Principal Officer
Trisha Brookbank
Phone
3055463307
Tax Period
2024-01-01 to 2024-12-31

OLIVER PATCH PROJECT INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $611K in total revenue in fiscal year 2024. Revenue surged 141% from the prior year, signaling strong growth momentum. Expenses of $536K left a modest 12% surplus.

Mission

The Oliver Patch Project's mission is to create a free, fun, engaging platform where children with various illnesses, and their families can connect through a series of unique patches created by artists and designers just for them. This empowers kids to find their inner warriors, as they endure life changing milestone events, by providing a bit of sunshine throughout their journey. We believe in the power of positivity to promote healing for children battling cancer, other illnesses, mental health challenges and for kids participating in clinical trials.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $611,260
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $611,260

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,904
Fundraising Expenses $44,386
Program Expenses $377,742
Other Expenses $395,590
TOTAL EXPENSES $536,494

Year-over-Year Comparison

2024 2023 Change
Revenue $611,260 $253,111 +1.4%
Expenses $536,494 $259,719 +1.1%
Net Income $74,766 $-6,608 -12.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
4
Volunteers
20

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
3
$78,462
Total Directors
7
$78,462
Key Employees
1
$49,035
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN BURKHARDT PRESIDENT 40
Officer Director
$78,462 $0 $78,462
JANIE LEON PROGRAM COORDINATOR 40
Key Emp
$49,035 $0 $49,035
TRISHA BROOKBANK TREASURER 10
Officer Director
$0 $0 $0
GINA JEFFRIES SECRETARY 2
Officer Director
$0 $0 $0
MICHAEL CHIMENTO BOARD MEMBER 2
Director
$0 $0 $0
PAUL KOTAKIS BOARD MEMBER 2
Director
$0 $0 $0
SUSAN LEE BOARD MEMBER 2
Director
$0 $0 $0
ELIZABETH GIRON BOARD MEMBER 2
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 $611,260 $536,494 $199,188 $74,766
2023 $253,111 $259,719 $124,422 $-6,608
2022 $249,587 $153,053 $131,030 $96,534
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