Civic Intelligence

Olymp Foundation

990 • Fiscal year 2024 • EIN 35-2859838

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 24, 2025

Organization Profile
6319 Colfax AveNorth Hollywood, CA 91606

(818) 318-0825

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

98th percentile

92%

Higher net margin than 98% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

$57,285

No earlier filing loaded for comparison.

Net Assets

$57,285

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin98th percentile

Revenue

$62,077

No earlier filing loaded for comparison.

Expenses

$4,792

No earlier filing loaded for comparison.

Net Income

$57,285

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2024: $57,285Liabilities 2024: $0Net Assets 2024: $57,2852024Assets 2025: $30,973Liabilities 2025: $0Net Assets 2025: $30,9732025

Highlighted filing

2024

Assets$57,285
Liabilities$0
Net Assets$57,285
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2024: $62,077Expenses 2024: $4,792Net Income 2024: $57,2852024Revenue 2025: $102,703Expenses 2025: $129,015Net Income 2025: -$26,3122025

Highlighted filing

2024

Revenue$62,077
Expenses$4,792
Net Income$57,285
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 24, 2025
Return Version
2024v5.2
Gross Receipts
$62,077
Mission and Program Overview

Mission

Olymp Foundation is dedicated to promoting physical fitness and personal development by providing mixed martial arts training to children and adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$57,285-
Total Assets$0$57,285▲ $57,285
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$57,285-
Total Net Assets Fund Balance$0$57,285▲ $57,285
Total Liabilities and Net Assets / Fund Balance$0$57,285▲ $57,285
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
Aram GrigorianDirector
Grigoriy MirzoevDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$62,077
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$62,077
Change in Net Assets
$57,285
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,792
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$162-$162
Other Expenses$153--$153
Travel$118--$118
Information Technology-$92-$92
Total Functional Expenses$4,538$254$0$4,792
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The Board of Directors regular review all corporate activites with Olymp Foundations corporate lawyer.”

Conflict of interest policy compliance Part VI line 12C

“The organization regularly monitors and enforces compliance with its conflict of interest policy, and appropriate actions are taken to ensure that all decisions are made in the best interest of the organization.”

CEO executive director top management comp Part VI line 15A

“None of the Directors are compensated in Olymp Foundation, and there are not any employees.”

Other officer or key employee compensation Part VI line 15B

“None of the Directors are compensated in Olymp Foundation, and there are not any employees.”

Governing documents etc available to public Part VI line 19

“The organizations governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Olymp Foundation
EIN
35-2859838
In Care Of
% ARAM GRIGORIAN
Phone
8183180825
Address
6319 Colfax Ave, North Hollywood, CA 91606

Signing Officer

Name
Aram Grigorian
Title
Director
Phone
8183180825
Signed
2025-04-24
Discuss with paid preparer
No

Organization Details

Formed
2024
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
35

Preparer

Firm
MS Tax
Address
7648 Slate Ridge Blvd, Reynoldsburg, OH 43068
Preparer
Sergey Mangayan Esq CPA
Phone
6146120062
Raw XML Appendix264 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GoverningBodyVotingMembersCnt03
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IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt092
IRS990/InformationTechnologyGrp/TotalAmt092
IRS990/InitialReturnInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Dues and Subscriptions
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IRS990/OtherExpensesGrp/Desc2Auto and Transportation
IRS990/OtherExpensesGrp/ProgramServicesAmt0197
IRS990/OtherExpensesGrp/ProgramServicesAmt14070
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IRS990/OtherExpensesGrp/TotalAmt14070
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IRS990/ReconcilationRevenueExpnssAmt057285
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors regular review all corporate activites with Olymp Foundations corporate lawyer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization regularly monitors and enforces compliance with its conflict of interest policy, and appropriate actions are taken to ensure that all decisions are made in the best interest of the organization.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3None of the Directors are compensated in Olymp Foundation, and there are not any employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organizations governing documents, conflict of interest policy, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ARAM GRIGORIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08183180825
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLYMP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OLYM
ReturnHeader/Filer/EIN0352859838
ReturnHeader/Filer/InCareOfNm0% ARAM GRIGORIAN
ReturnHeader/Filer/PhoneNum08183180825
ReturnHeader/Filer/USAddress/AddressLine1Txt06319 Colfax Ave
ReturnHeader/Filer/USAddress/CityNm0North Hollywood
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ReturnHeader/Filer/USAddress/ZIPCd091606
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263423356
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07648 Slate Ridge Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Reynoldsburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043068
ReturnHeader/PreparerPersonGrp/PhoneNum06146120062
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SERGEY MANGAYAN ESQ CPA
ReturnHeader/ReturnTs02025-10-08T13:13:45-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,285
Liabilities
$0
Net assets
$57,285
Revenue
$62,077
Expenses
$4,792
Net income
$57,285
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$1.03$1.29$0.26
2024Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.62$0.05$0.57