MISSION
DEMOGRAPHIC
ADDRESS
2512 WILLS WAY DR
76049
COUNTY
hood county, TX
IN CARE OF NAME
NILS C OLSEN
ORGANIZATIONAL OVERVIEW & RANKINGS
KEN OLSEN FOUNDATION is a based in GRANBURY, TX, focused on Human Services - Multipurpose and Other causes , specifically Services to Promote the Independence of Specific Populations. Established in August 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,374,775 among 2,656,690 nonprofits nationally (Top 52%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 130,424 out of 202,022 organizations in TX (Top 65%).
In hood county, TX, the organization ranks 144 out of 503 nonprofits by assets (Top 29%), while locally in granbury, it stands at 344 among 442 organizations (Top 76%).
The organization reported no revenue in the most recent filing period, placing it at 1,194,103 nationally and 89,103 in TX.
Within its specific NTEE classification (P80 - P: Human Services - Multipurpose and Other), which includes 10,215 similar organizations, KEN OLSEN FOUNDATION ranks 5,676 in assets (Top 56%) and 4,592 in revenue (Top 45%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at HTTP://WWW.KENOLSENFOUNDATION.ORG.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
P80: Services to Promote the Independence of Specific Populations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2021;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2017
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2017
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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