Olive Crest

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 1/31/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Every 10 seconds in our country, a report of child abuse is made. And, every day...five children die from abuse.

These numbers are tragic. And they are very real.

Here at Olive Crest, we will not stand by and allow these numbers to persist in our communities. We fight every day to stop the cycle of child abuse, and to see to it that every child that comes into our care is nurtured in a strong and loving family.

We believe every child, young adult and family is worthy of love, safety, and the opportunity to live a fulfilling life free from pain, fear, and isolation.


Contact information

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

Website: olivecrest.org

Phone: 714-543-5437

Email: info@olivecrest.org


Organization details

EIN: 952877102

CEO/President: Donald A. Verleur II

Chairman: James Woodside

Board size: 11

Founder: Dr. Don and Lois Verleur

Year founded: 1978

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1988


Purpose

Olive Crest transforms the lives of at-risk children through the healing power of family. 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 at-risk youth and families.


Mission statement

Olive Crest is dedicated to preventing child abuse, treating and educating at-risk children, and preserving the family... One Life at a Time.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating98 of 9134 of 24
Fund acquisition rating396 of 9157 of 24
Resource allocation rating109 of 9156 of 24
Asset utilization rating159 of 9137 of 24

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
15%8%13%21%18%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%4%6%10%9%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
56%50%49%51%49%56%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%4%7%11%9%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
44%50%51%49%51%44%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%88%86%79%81%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%98%98%100%101%101%
Program output ratio Program output ratio =
Program services /
Total revenue
77%86%84%79%81%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%2%2%0%-1%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%7%8%0%-4%-3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%8%8%10%11%15%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.831.781.882.332.091.85
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.122.042.232.382.552.64
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.163.644.185.535.324.88
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.663.243.412.362.533.07
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.270.310.290.420.400.33
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.832.282.031.251.361.66
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
22%43%44%47%46%44%
Debt ratio Debt ratio =
Debt /
Total assets
0%27%29%27%28%29%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%32%30%23%26%30%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$8,443,680$5,871,343$2,169,800$1,601,205$2,414,385
Receivables, inventories, prepaids$8,894,948$9,200,326$6,649,301$6,498,319$5,386,648
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$17,338,628$15,071,669$8,819,101$8,099,524$7,801,033
Long-term investments$0$0$0$0$0
Fixed assets$17,642,177$18,493,970$11,614,228$11,689,092$11,927,012
Other long-term assets$367,810$26,188$542,440$854,365$887,990
Total long-term assets$18,009,987$18,520,158$12,156,668$12,543,457$12,815,002
Total assets$35,348,615$33,591,827$20,975,769$20,642,981$20,616,035
 
Liabilities20202019201820172016
Payables and accrued expenses$4,651,313$4,303,051$3,626,560$3,039,097$2,542,889
Other current liabilities$692,620$114,773$114,773$164,092$0
Total current liabilities$5,343,933$4,417,824$3,741,333$3,203,189$2,542,889
Debt$9,463,515$9,872,366$5,626,563$5,843,473$5,950,064
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$385,174$538,468$402,353$452,760$611,670
Total long-term liabilities$9,848,689$10,410,834$6,028,916$6,296,233$6,561,734
Total liabilities$15,192,622$14,828,658$9,770,249$9,499,422$9,104,623
 
Net assets20202019201820172016
Without donor restrictions$19,580,620$18,202,928$10,907,590$10,754,377$11,097,576
With donor restrictions$575,373$560,241$297,930$389,182$413,836
Net assets$20,155,993$18,763,169$11,205,520$11,143,559$11,511,412
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$32,291,931$31,630,527$24,870,735$20,840,696$21,194,927
Program service revenue$31,467,810$30,863,517$21,700,265$19,497,508$15,206,402
Membership dues$0$0$0$0$0
Investment income($29,346)$496,253($2,456)$51,804($38,075)
Other revenue$808,748$1,577,514$2,241,041$2,289,434$1,431,141
Total other revenue$32,247,212$32,937,284$23,938,850$21,838,746$16,599,468
Total revenue$64,539,143$64,567,811$48,809,585$42,679,442$37,794,395
 
Expenses20202019201820172016
Program services$55,529,345$53,966,346$38,542,749$34,709,757$28,855,520
Management and general$5,080,260$4,919,859$5,103,022$4,679,871$5,718,038
Fundraising$2,422,848$4,131,649$5,124,894$3,705,764$3,523,210
Total expenses$63,032,453$63,017,854$48,770,665$43,095,392$38,096,768
 
Change in net assets20202019201820172016
Surplus (deficit)$1,506,690$1,549,957$38,920($415,950)($302,373)
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,506,690$1,549,957$38,920($415,950)($302,373)

Compensation

NameTitleCompensation
Donald Verleur IICEO/President$330,512
Lois VerleurFounder$247,502
Kerri DunkelbergerEx Dir Orange County$180,291
Justin LairdCFO/Treasurer$175,747
Sharon DeanCAO$164,043
Jaime ZavalaEx Dir Los Angeles$163,877
Tracy FitzsimmonsEx Dir Inland Empire$161,941
Kathryn JonesSecretary$115,603

Compensation data as of: 6/30/2020


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 1/31/2021. To update the information below, please email: info@ministrywatch.com


History

After nearly 45 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


Needs