Olive Tree Charitable Foundation Inc

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$58,737
Expenses
$820,038
Net Income
-$761,301
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,000
42.6%
Interest Revenue $13,237
22.5%
Dividends $10,417
17.7%
Sales of Assets $10,083
17.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $809,556
98.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Other
Thomas C Gerahty (President & Treasurer) $0 $0
Judith A Gerahty (Vice President & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$30,347
Expenses
$22,073
Net Income
$8,274
Net Assets
$761,301
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
65.9%
Interest Revenue $8,696
28.7%
Dividends $12,005
39.6%
Sales of Assets -$10,354
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $13,000
58.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $761,301
Total Liabilities $0
Net Assets $761,301
Compensation
Key Employees and Officers Compensation Other
Thomas C Gerahty (President & Treasurer) $0 $0
Judith A Gerahty (Vice President & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$22,684
Expenses
$28,283
Net Income
-$5,599
Net Assets
$753,027
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,574
29.0%
Dividends $17,022
75.0%
Sales of Assets -$912
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,500
44.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $753,027
Total Liabilities $0
Net Assets $753,027
Compensation
Key Employees and Officers Compensation Other
Thomas C Gerahty (President & Treasurer) $0 $0
Judith A Gerahty (Vice President & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$78,864
Expenses
$138,068
Net Income
-$59,204
Net Assets
$758,626
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $7,520
9.5%
Dividends $15,293
19.4%
Sales of Assets $56,051
71.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $120,000
86.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $758,626
Total Liabilities $0
Net Assets $758,626
Compensation
Key Employees and Officers Compensation Other
Thomas C Gerahty (President & Treasurer) $0 $0
Judith A Gerahty (Vice President & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$57,070
Expenses
$168,291
Net Income
-$111,221
Net Assets
$817,829
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $14,667
25.7%
Dividends $6,097
10.7%
Sales of Assets $36,306
63.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $147,500
87.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $817,830
Total Liabilities $1
Net Assets $817,829
Compensation
Key Employees and Officers Compensation Other
Thomas C Gerahty (President & Treasurer) $0 $0
Judith A Gerahty (Vice President & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$45,142
Expenses
$345,768
Net Income
-$300,626
Net Assets
$929,051
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $19,429
43.0%
Dividends $9,411
20.8%
Sales of Assets $16,302
36.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $327,500
94.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $929,051
Total Liabilities $0
Net Assets $929,051

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$264,635
Expenses
$299,254
Net Income
-$34,619
Net Assets
$3,806,160
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,000
9.4%
Interest Revenue $400
0.2%
Dividends $122,659
46.4%
Sales of Assets $112,572
42.5%
Other Income $4,004
1.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $204,512
68.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,806,160
Total Liabilities $0
Net Assets $3,806,160
Compensation
Key Employees and Officers Compensation Other
Thomas C Gerahty (President & Treasurer) $0 $0
Judith A Gerahty (Vice President & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$196,851
Expenses
$591,623
Net Income
-$394,772
Net Assets
$3,840,779
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,055
12.7%
Interest Revenue $122,479
62.2%
Dividends $28,195
14.3%
Sales of Assets $21,122
10.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $479,000
81.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,840,779
Total Liabilities $0
Net Assets $3,840,779
Compensation
Key Employees and Officers Compensation Other
Thomas C Gerahty (President & Treasurer) $0 $0
Judith A Gerahty (Vice President & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$269,360
Expenses
$131,618
Net Income
$137,742
Net Assets
$4,254,509
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $120,264
44.6%
Dividends $42,436
15.8%
Sales of Assets $106,660
39.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $75,500
57.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,254,509
Total Liabilities $0
Net Assets $4,254,509
Compensation
Key Employees and Officers Compensation Other
Thomas C Gerahty (President & Treasurer) $0 $0
Judith A Gerahty (Vice President & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$197,712
Expenses
$457,433
Net Income
-$259,721
Net Assets
$4,198,697
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $105,219
53.2%
Dividends $33,594
17.0%
Sales of Assets $58,899
29.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $360,762
78.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,198,697
Total Liabilities $0
Net Assets $4,198,697
Compensation
Key Employees and Officers Compensation Other
Thomas C Gerahty (President & Treasurer) $0 $0
Judith A Gerahty (Vice President & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,600,140
Expenses
$88,268
Net Income
$4,511,872
Net Assets
$4,511,872
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,600,000
100.0%
Interest Revenue $0
Dividends $140
0.0%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $88,088
99.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,511,872
Total Liabilities $0
Net Assets $4,511,872

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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