Nonprofit · EIN 26-3749119
FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION
Tax-exempt · PALM DESERT, CA 92211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,125,647 | $1,137,875 | -$12,228 | $24,172 | $0 | $24,172 |
| December 31, 2023 | 990 | $1,056,167 | $1,118,295 | -$62,128 | $36,400 | $0 | $36,400 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $90,000
- Program service revenue
- $1,035,647
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $36,000
- Other salaries and wages
- $282,060
- Salaries, compensation and benefits (total)
- $342,392
- Professional fundraising fees
- $0
- Depreciation
- $1,252
- Program services (functional)
- $1,028,675
- Management and general (functional)
- $109,200
Balance sheet and other
- Total assets, start of year
- $36,400
- Total assets, end of year
- $24,172
- Total liabilities, end of year
- $0
- Net assets, end of year
- $24,172
- Land, buildings and equipment
- $6,471
- Net assets without donor restrictions
- $24,172
- Gross receipts
- $1,125,647
- Employees
- 17
- Year formed
- 2013
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT CRAVEN | PRESIDENT Officer | – | $0 |
| ANGELA MORWAY | TREASURER Officer | – | $0 |
| BONNIE NICOLSON | SECRETARY Officer | – | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT CRAVEN | PRESIDENT Officer | – | $0 |
| ANGELA MORWAY | TREASURER Officer | – | $0 |
| BONNIE NICOLSON | SECRETARY Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 42675 WASHINGTON ST, PALM DESERT, CA 92211-8804
- In care of
- % ROBERT CRAVEN
- Principal officer (990 for 2024)
- ROBERT CRAVEN, 78385 VIA SEVILLA, LA QUINTA, CA 92253
- Signed the 990
- ANGELA MORWAY, TREASURER
- Phone
- (760) 345-8100
- Return prepared by
- BRENNAN & COMPANY
California records
California keeps its own records of charities and corporations. Search them by EIN 26-3749119 or by the name FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE ORGANIZATION STRIVES TO PROVIDE A CULTURALLY DIVERSE AND HIGHLY AFFORDABLE HIGH QUALITY EDUCATION TO IT'S LOCAL ELEMENTARY AND PRE-SCHOOL AGED CHILDREN. THE ORGANIZATION SUBSIDIZES TUITION THROUGH DONATIONS AND GOVERNMENT PROGRAMS TO DEFRAY COSTS AND FURTHER ENHANCE THE VALUE OF ALL APPLICANTS.
Program accomplishments
- THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR EDUCATION AND CHARITABLE PURPOSES. SPECIFICALLY, THIS ORGANIZATION HAS BEEN FORMED TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABILITIES AND ADVANCE EDUCATION. OUR ORGANIZATION HAS DESIGNED AND DEVELOPED THE PROGRAM IN FURTHERANCE OF OUR PUPOSES. THE ORGANIZATION SERVES THE PALM DESERT, CALIFORNIA AREA. THE SCHOOL PROVIDES EDUCATION FOR ELEMENTARY AGED CHILDREN, BEFORE AND AFTER SCHOOL CARE, DAYCARE FOR PRESCHOOL, HOT LUNCHES, SPORTS PROGRAM, DANCE PROGRAM AND TECHNOLOGY CLASSES.
- THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR EDUCATION AND CHARITABLE PURPOSES. SPECIFICALLY, THIS ORGANIZATION HAS BEEN FORMED TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABILITIES AND ADVANCE EDUCATION. OUR ORGANIZATION HAS DESIGNED AND DEVELOPED THE PROGRAM IN FURTHERANCE OF OUR PUPOSES. THE ORGANIZATION SERVES THE PALM DESERT, CALIFORNIA AREA. THE SCHOOL PROVIDES EDUCATION FOR ELEMENTARY AGED CHILDREN, BEFORE AND AFTER SCHOOL CARE, DAYCARE FOR PRESCHOOL, HOT LUNCHES, SPORTS PROGRAM, DANCE PROGRAM AND TECHNOLOGY CLASSES.Expenses $1,028,675
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3749119
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $24,172
- Income (IRS master file)
- $1,125,647
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,125,647 | $1,137,875 | $24,172 | XML |
| 990 | December 2023 | $1,056,167 | $1,118,295 | $36,400 | XML |
| 990 | December 2022 | $1,143,126 | $1,472,118 | $98,528 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3749119).
Questions about FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION
- What is the EIN of FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION?
- The employer identification number (EIN) of FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION is 26-3749119.
- Is FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION?
- The 990 for the year ended December 31, 2024 names ROBERT CRAVEN.
- Who are the officers and directors of FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does FRANK AND THERESA OLIVER ACADEMY FOR EDUCATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,125,647, expenses of $1,137,875 and total assets of $24,172 at year end.
Other nonprofits in PALM DESERT
- THE LIVING DESERT EIN 95-3385354 · last filed 990 for 2025
- H N AND FRANCES C BERGER FOUNDATION EIN 52-1757452 · last filed 990-PF for 2024
- FRIENDS OF THE CULTURAL CENTER INC EIN 95-2834871 · last filed 990 for 2025
- DESERTARC EIN 95-6006700 · last filed 990 for 2025
- INDIAN RIDGE COUNTRY CLUB INC EIN 41-2045717 · last filed 990 for 2025
- IRONWOOD COUNTRY CLUB EIN 33-0230082 · last filed 990 for 2025
- XAVIER COLLEGE PREPARATORY HIGH SCHOOL EIN 71-0908497 · last filed 990 for 2025
- DESERT COMMUNITY FOUNDATION EIN 95-4725924 · last filed 990 for 2025