Olive Crest

The information on this page was last updated 11/17/2023. If you see errors or omissions, please email: [email protected]


Summary

Olive Crest transforms the lives of children and families in crisis through the healing power of God, family, and community.


Contact information

Mailing address:
Olive Crest
2130 E 4th Street
Suite 200
Santa Ana, CA 92705

Website: olivecrest.org

Phone: 714-543-5437

Email: [email protected]


Organization details

EIN: 952877102

CEO/President: Donald A. Verleur II

Chairman: James Woodside

Board size: 9

Founder: Dr. Don and Lois Verleur

Ruling year: 1978

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1988


Purpose

Vision: A strong family for every child.


Mission statement

Olive Crest is dedicated to preventing child abuse by strengthening, equipping, and restoring children and families in crisis..."One Life at a Time."


Statement of faith

Olive Crest was established on, and continues to honor, Biblical principles and values. Olive Crest acknowledges the existence of a Creator through whom the restoration and healing of a person's life can be fully accomplished. Olive Crest is driven by faith and demonstrates values of truth, grace, and servanthood through our service to children and families in crisis.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating293 of 11046 of 32
Fund acquisition rating476 of 110510 of 32
Resource allocation rating492 of 11057 of 32
Asset utilization rating261 of 11049 of 32

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%6%9%8%13%21%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%4%5%4%6%10%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
63%62%49%50%49%51%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
4%4%5%4%7%11%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
37%38%51%50%51%49%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%88%87%88%86%79%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%95%97%98%98%100%
Program output ratio Program output ratio =
Program services /
Total revenue
85%84%85%86%84%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%5%3%2%2%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%13%7%7%8%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%8%9%8%8%10%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.041.641.671.781.882.33
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.351.641.782.042.232.38
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.672.682.973.644.185.53
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.054.213.663.243.412.36
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.240.270.310.290.42
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.673.412.942.282.031.25
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%39%42%43%44%47%
Debt ratio Debt ratio =
Debt /
Total assets
0%21%24%27%29%27%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
84%37%35%32%30%23%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$15,137,181$13,028,164$8,443,680$5,871,343$2,169,800
Receivables, inventories, prepaids$9,588,447$7,994,184$8,894,948$9,200,326$6,649,301
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$24,725,628$21,022,348$17,338,628$15,071,669$8,819,101
Long-term investments$0$0$0$0$0
Fixed assets$15,396,995$15,913,512$17,642,177$18,493,970$11,614,228
Other long-term assets$387,109$487,108$367,810$26,188$542,440
Total long-term assets$15,784,104$16,400,620$18,009,987$18,520,158$12,156,668
Total assets$40,509,732$37,422,968$35,348,615$33,591,827$20,975,769
 
Liabilities20222021202020192018
Payables and accrued expenses$5,136,228$5,025,291$4,651,313$4,303,051$3,626,560
Other current liabilities$740,264$716,622$692,620$114,773$114,773
Total current liabilities$5,876,492$5,741,913$5,343,933$4,417,824$3,741,333
Debt$8,520,045$9,018,213$9,463,515$9,872,366$5,626,563
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,405,725$1,027,278$385,174$538,468$402,353
Total long-term liabilities$9,925,770$10,045,491$9,848,689$10,410,834$6,028,916
Total liabilities$15,802,262$15,787,404$15,192,622$14,828,658$9,770,249
 
Net assets20222021202020192018
Without donor restrictions$24,135,752$21,176,682$19,580,620$18,202,928$10,907,590
With donor restrictions$571,718$458,882$575,373$560,241$297,930
Net assets$24,707,470$21,635,564$20,155,993$18,763,169$11,205,520
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$43,344,181$31,659,900$32,291,931$31,630,527$24,870,735
Program service revenue$25,660,590$30,435,551$31,467,810$30,863,517$21,700,265
Membership dues$0$0$0$0$0
Investment income$726$741,924($29,346)$496,253($2,456)
Other revenue$479,594$1,167,854$808,748$1,577,514$2,241,041
Total other revenue$26,140,910$32,345,329$32,247,212$32,937,284$23,938,850
Total revenue$69,485,091$64,005,229$64,539,143$64,567,811$48,809,585
 
Expenses20222021202020192018
Program services$58,271,210$54,141,126$55,529,345$53,966,346$38,542,749
Management and general$5,386,404$5,358,526$5,080,260$4,919,859$5,103,022
Fundraising$2,663,998$2,899,358$2,422,848$4,131,649$5,124,894
Total expenses$66,321,612$62,399,010$63,032,453$63,017,854$48,770,665
 
Change in net assets20222021202020192018
Surplus (deficit)$3,163,479$1,606,219$1,506,690$1,549,957$38,920
Other changes in net assets$0$0$0$0$0
Total change in net assets$3,163,479$1,606,219$1,506,690$1,549,957$38,920

Compensation

NameTitleCompensation
Donald Verleur IICEO/President$381,502
Sharon DeanCAO$204,747
Kerri DunkelbergerEx Dir Orange County$194,408
Justin LairdCFO/Treasurer$194,275
Tracy FitzsimmonsEx Dir Inland Empire$190,592
Stephan ChristensenCdo$184,261
Lois VerleurFounder$175,268
Kathryn JonesSecretary$99,503

Compensation data as of: 6/30/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 11/17/2023. To update the information below, please email: [email protected]


History

After nearly 50 years of caring for abused and neglected children, there is one thing that is crystal clear - the key to transforming the life of a child broken from abuse is the healing power of a strong family.

When hurt and abandoned children are surrounded and supported by a loving family and nurturing relationships, it's amazing to see the dark cloud of fear, loneliness, distrust, and despair begin to lift, and to see promise, hope and light begin to take hold.

They begin to thrive and become the people God intended them to be, full of purpose, unique gifts, talents, and personalities. This is something that Dr. Donald and Mrs. Lois Verleur knew back in 1973 when they took in four young girls who needed a home.

After Dr. Donald and Lois Verleur provided a home for four teenage girls, they became inspired by the olive tree in the front yard, and the idea of a family crest. Olive Crest, a name symbolizing "peaceful family," was born.

Today, more than 40 years later, Olive Crest has grown to become a leader in the prevention and treatment of child abuse, serving nearly 3,000 children and families each day throughout California, Nevada, and the Pacific Northwest.

Though four decades have passed, the Verleurs' original commitment to the individual needs of at-risk youth continues to fuel Olive Crest's mission to make a difference "One Life at a Time."®


Program accomplishments

5000+ children and families served every day
83,000+ counseling sessions this year
412,242 safe days for children in 2023
3,600,000+ volunteer hours caring for children and families this year
318 Transitional Age Youth equipped for life this year


Needs

Your compassion today will prevent child abuse and help preserve families for generations to come. We invite you to join us in our work to equip individuals for a better life, secure safe homes, and establish strong families.