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Frank and Theresa Oliver Academy for Education

EIN 26-3749119 · Palm Desert, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair62 out of 100GovernanceWeak35 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$1.1 million
Spending
$1.1 million
Spent on programs
90%
Reserves
0.2 months of spending
Largest source of income
fees for its services, 92%
Employees
17

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 62 out of 100.

  • Reserves

    4 of 35

    Spendable reserves would cover 0.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    15 of 15

    Income rose 7% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 35 out of 100.

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. 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.
  2. $1.0 million spent. 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.
  3. 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.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.