Nonprofit · EIN 81-4787373
OLIVE BRANCH INITIATIVE
Tax-exempt · AKRON, OH 44307
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $6,000 | $6,616 | -$616 | $52,789 | $0 | $52,789 |
| December 31, 2023 | 990-EZ | $26,651 | $34,171 | -$7,520 | $53,405 | $0 | $53,405 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,301
- Investment income
- $0
- Other revenue
- $699
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $4,916
- Occupancy
- $673
- Printing, publications and postage
- $53
- Other expenses
- $974
Balance sheet and other
- Total assets, start of year
- $53,405
- Total assets, end of year
- $52,789
- Total liabilities, end of year
- $0
- Net assets, end of year
- $52,789
- Cash, savings and investments
- $52,789
- Gross receipts
- $6,000
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rev David L Hood | CEO | 20 | $0 |
| Cheryl l Hood | CFO | 10 | $0 |
| Aaron C Smith | COO | 10 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rev David L Hood | CEO | 20 | $0 |
| Cheryl l Hood | CFO | 10 | $0 |
| Aaron C Smith | COO | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 1280 HARMON AVE, AKRON, OH 44307-1123
- In care of
- % DAVID HOOD
- Mailing address (990-N for 2025)
- 1280 Harmon Ave, Akron OH 44307
- Principal officer (990-N for 2025)
- David l Hood, 1280 Harmon Ave, Akron OH 44307
- Signed the 990-EZ
- David Hood, President
- Phone
- (330) 689-6718
Mission
Providing training, mentoring, support, and employment opportunities for mentally challenged individuals, rehabilitated drug users and felons, homeless individuals and veterans. All services were provided to 3 new employees in 2024.
Program accomplishments
- We provide training, mentoring, support, and employment opportunities for mentally challenged individuals, rehabilitated drug users and felons, homeless individuals and veterans. Ongoing services were extended to three new employees in 2024 including all services stated.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-4787373
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Unknown (Z99)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: David l Hood | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $6,000 | $6,616 | $52,789 | XML |
| 990-EZ | December 2023 | $26,651 | $34,171 | $53,405 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: David L Hood | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2017 | – | – | – | 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 81-4787373).
Questions about OLIVE BRANCH INITIATIVE
- What is the EIN of OLIVE BRANCH INITIATIVE?
- The employer identification number (EIN) of OLIVE BRANCH INITIATIVE is 81-4787373.
- Is OLIVE BRANCH INITIATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to OLIVE BRANCH INITIATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OLIVE BRANCH INITIATIVE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of OLIVE BRANCH INITIATIVE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OLIVE BRANCH INITIATIVE last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of OLIVE BRANCH INITIATIVE?
- The 990-N for 2025 names David l Hood.
- Who are the officers and directors of OLIVE BRANCH INITIATIVE?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does OLIVE BRANCH INITIATIVE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $6,000, expenses of $6,616 and total assets of $52,789 at year end.
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