OLLV FOUNDATION INC

EIN: 920363131 501(c)(3) Religion

GARDEN GROVE, CA

Total Revenue
$2,100,289
Total Expenses
$564,968
Total Assets
$2,042,895
Net Assets
$1,513,710
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
ELYSABETH NGUYEN
Phone
7142824290
Tax Period
2022-09-13 to 2023-06-30

OLLV FOUNDATION INC, founded in 2022, is a community nonprofit in the Religion sector that reported $2.1M in total revenue in fiscal year 2022. The organization ran a surplus of $1.5M, a strong 73% operating margin.

Mission

THE OLLV FOUNDATION MANAGES THE RAISING OF FUNDS AND THE PROJECT MANAGEMENT OF BUILDING NEW PLACES OF WORSHIP ON THE CHRIST CATHEDRAL CAMPUS IN ORANGE COUNTY CALIFORNIA.

Program Service Accomplishments

Program 1
Expenses: $313,622

OUR PROJECTS INCLUDE THE OUR LADY OF LA VANG SHRINE, ST. CALLISTUS CHAPEL AND CRYPTS, AND THE MARIAN GARDENS, FOR THE ROMAN CATHOLIC DIOCESE OF ORANGE IN ORANGE, CALIFORNIA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,100,289
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,100,289

Expense Breakdown

Grants Paid $0
Salaries & Benefits $327,185
Fundraising Expenses $166,625
Program Expenses $313,622
Other Expenses $237,783
TOTAL EXPENSES $564,968

Year-over-Year Comparison

2022 2021 Change
Revenue $2,100,289 N/A N/A
Expenses $564,968 N/A N/A
Net Income $1,535,321 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
25

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
$34,000
Total Directors
4
$34,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ELYSABETH NGUYEN CEO 2.00
Officer Director
$34,000 $0 $34,000
REV TUYEN NGUYEN CFO 2.00
Officer Director
$0 $0 $0
REV QUANG CHU SECRETARY 2.00
Officer Director
$0 $0 $0
REV CHRISTOPHER PHAM FOUNDING 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,100,289 $564,968 $2,042,895 $1,535,321
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