Charity Search / OLGA B HART EDUCATION FOUNDATION
Philanthropy & Grantmaking (T22) 990 on File

OLGA B HART EDUCATION FOUNDATION

EIN: 41-2015095 · TWO HARBORS, MN 55616-5012 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 96/100
Reliability (20%) 55/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$298K
Total Revenue
$296K
Total Expenses
$4.7M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 74.3%
Fundraising Efficiency N/A
Operating Reserve 188.50x
Liability-to-Asset 0.0%
Revenue Diversification 51.5%
Executive Compensation $60K
Compared with Peers
FY 2024
Compared with 16,645 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
74.3% 90.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
188.5 mo 95.2 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
51.5% 90.4%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
90.3% 18.5%
P10P90
Expense growth
Year over year expense growth
-2.0% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
0.5% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $298K $296K $4.7M 74.3%
2023 $156K $302K $4.8M 76.2%
2022 $274K $304K $4.9M 75.8%
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Organization Details
EIN
41-2015095
State
MN
City
TWO HARBORS
ZIP
55616-5012
Classification
T22
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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