Rare Olive Org Inc

EIN: 920771031 501(c)(3) Medical Research

Bethesda, MD

Total Revenue
$414,642
Total Expenses
$303,287
Total Assets
$137,497
Net Assets
$137,497
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DE
Principal Officer
Lauren Flickinger
Phone
3013254068
Tax Period
2024-01-01 to 2024-12-31

Rare Olive Org Inc, founded in 2022, is a small nonprofit in the Medical Research sector that reported $415K in total revenue in fiscal year 2024. The organization ran a surplus of $111K, a strong 27% operating margin.

Mission

Rare Olive Org Inc supports treatment research and patient advocacy for Lunapark Syndrome LNPK an ultra-rare genetic disorder. Founded by a family whose daughter was the first known LNPK case in the United States we are committed to building a path forward for patients and families worldwide.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

Sponsored research grant with the Gray Lab at University of Texas Southwestern to develop validate and test safety efficacy of a gene therapy replacement therapy in restoring the LNPK protein in a...

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Sponsored research grant with the Gray Lab at University of Texas Southwestern to develop validate and test safety efficacy of a gene therapy replacement therapy in restoring the LNPK protein in a mouse disease model.

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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 $404,398
Program Service Revenue $0
Investment Income $915
Other Revenue $9,329
TOTAL REVENUE $414,642

Expense Breakdown

Grants Paid $299,677
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $3,610
TOTAL EXPENSES $303,287

Year-over-Year Comparison

2024 2023 Change
Revenue $414,642 N/A N/A
Expenses $303,287 N/A N/A
Net Income $111,355 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

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
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lauren Flickinger President CEO 10.00
Officer
$0 $0 $0
Andrew Flickinger Treasurer Secretary 5.00
Officer
$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 $414,642 $303,287 $137,497 $111,355
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