Civic Intelligence

Olympic High School Foundation

990 • Fiscal year 2018 • EIN 46-2687879

Jul 01, 2017 to Jun 30, 2018 • Filed on May 08, 2019

Organization Profileolympichighschoolfoundation.org
4301 Sandy Porter RdCharlotte, NC 28273

(704) 336-8467

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$337,101

Flat from 2018

Net Assets

Flat

$337,101

Flat from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses

Revenue

Flat

$180,959

Flat from 2018

Expenses

Flat

$200,081

Flat from 2018

Net Income

Flat

-$19,122

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $217,651Liabilities 2014: $0Net Assets 2014: $217,6512014Assets 2015: $267,802Liabilities 2015: $0Net Assets 2015: $267,8022015Assets 2016: $318,943Liabilities 2016: $0Net Assets 2016: $318,9432016Assets 2017: $356,223Liabilities 2017: $0Net Assets 2017: $356,2232017Assets 2018: $337,101Liabilities 2018: $0Net Assets 2018: $337,1012018Assets 2018: $337,101Liabilities 2018: $0Net Assets 2018: $337,1012018Assets 2019: $313,806Liabilities 2019: $0Net Assets 2019: $313,8062019Assets 2020: $273,887Liabilities 2020: $0Net Assets 2020: $273,8872020Assets 2021: $253,537Liabilities 2021: $0Net Assets 2021: $253,5372021Assets 2022: $235,145Liabilities 2022: $0Net Assets 2022: $235,1452022Assets 2023: $233,701Net Assets 2023: $233,7012023Assets 2024: $260,199Net Assets 2024: $260,1992024

Highlighted filing

2018

Assets$337,101
Liabilities$0
Net Assets$337,101
Open 2018 Filing

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $293,205Expenses 2014: $75,554Net Income 2014: $217,6512014Revenue 2015: $246,191Expenses 2015: $196,040Net Income 2015: $50,1512015Revenue 2016: $205,530Expenses 2016: $154,389Net Income 2016: $51,1412016Revenue 2017: $180,574Expenses 2017: $143,294Net Income 2017: $37,2802017Revenue 2018: $180,959Expenses 2018: $200,081Net Income 2018: -$19,1222018Revenue 2018: $180,959Expenses 2018: $200,081Net Income 2018: -$19,1222018Revenue 2019: $133,223Expenses 2019: $156,518Net Income 2019: -$23,2952019Revenue 2020: $97,821Expenses 2020: $137,740Net Income 2020: -$39,9192020Revenue 2021: $83,318Expenses 2021: $103,668Net Income 2021: -$20,3502021Revenue 2022: $75,968Expenses 2022: $94,360Net Income 2022: -$18,3922022Revenue 2023: $81,376Expenses 2023: $78,522Net Income 2023: $2,8542023Revenue 2024: $82,000Expenses 2024: $55,502Net Income 2024: $26,4982024

Highlighted filing

2018

Revenue$180,959
Expenses$200,081
Net Income-$19,122
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 8, 2019
Return Version
2017v2.2
Gross Receipts
$180,959
Mission and Program Overview

Mission

To enhance the educational program at Olympic High School by developing and supporting initiatives, projects and programs that promote professional development, provide resources, improve the educational environment and otherwise support and encourage teachers, administrators, students and parents

Raised over $180,000 of public support, provided monetary support for educationalprograms at Olympic High School, continued to establish network of interested parties to provide continued funding to achieve foundation's goals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$250,212$250,338▲ $126
Cash and Non-Interest-Bearing Accounts$106,011$86,762▼ $19,249
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$356,223$337,101▼ $19,122
Other Assets Total-$1-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$314,806$278,071▼ $36,735
Temporarily Rstr Net Assets$41,417$59,030▲ $17,613
Total Net Assets Fund Balance$356,223$337,101▼ $19,122
Total Liabilities and Net Assets / Fund Balance$356,223$337,101▼ $19,122
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joan O'BrienExecutive DirectorPT$48,000$48,000

Board Members and Trustees

NameTitle
William Allen WingetChairman
Beth WallaceVice President
Banks WilsonDirector
Candy BridgesDirector
Charles WilsonDirector
Doug DoggettDirector
Erik OlejarczykDirector
Mallory HermanDirector
Rob CapozzielloDirector
Russell HammondDirector
Toni McCallDirector
Wanda O'SheaDirector
Suzanne NewsomSecretary
David SuddrethTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$180,834
Program Service Revenue
$0
Investment Income
$125
Other Revenue
$0
All Other Contributions
$180,834
Change in Net Assets
$-19,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$114,623
Salaries, Compensation, and Employee Benefits$48,000
Grants and Similar Amounts Paid$37,458
Total Fundraising Expense$12,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$24,000$12,000$12,000$48,000
Grants to Domestic Individuals$37,458--$37,458
All Other Expenses$7,993$2,050-$10,043
Travel$8,996--$8,996
Other Expenses$8,560--$8,560
Office Expenses-$5,135-$5,135
Fees for Services Other$200$1,515-$1,715
Fees for Services Accounting-$1,250-$1,250
Total Functional Expenses$166,131$21,950$12,000$200,081
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Form 990 is available for review by all board members”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Olympic High School Foundation
EIN
46-2687879
Phone
7043368467
Address
4301 Sandy Porter Rd, Charlotte, NC 28273

Signing Officer

Name
William Allen Winget
Title
Chairman
Signed
2019-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
17
Employees
0
Volunteers
15

Preparer

Firm
Miller Mcneish & Breedlove Pllc
Address
309 S Laurel Ave, Charlotte, NC 28207
Preparer
Charles B Wilson
Phone
7043768415
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

“OTHER PROGRAM SERVICES 4: Provided funding for after school STEM programs centered on robotics at Olympic feeder elementary and middle schools to expand the number of elementary and middle school children who are interested in pursuing STEM disciplines. OTHER PROGRAM SERVICES 5: OTHER PROGRAM SERVICES 6:”

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IRS990/OtherExpensesGrp/Desc1Teacher Classroom
IRS990/OtherExpensesGrp/Desc2Equipment
IRS990/OtherExpensesGrp/Desc3T-Rex robot program
IRS990/OtherExpensesGrp/ProgramServicesAmt043500
IRS990/OtherExpensesGrp/ProgramServicesAmt121600
IRS990/OtherExpensesGrp/ProgramServicesAmt213824
IRS990/OtherExpensesGrp/ProgramServicesAmt38560
IRS990/OtherExpensesGrp/TotalAmt043500
IRS990/OtherExpensesGrp/TotalAmt121600
IRS990/OtherExpensesGrp/TotalAmt213824
IRS990/OtherExpensesGrp/TotalAmt38560
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Purchased 24 licenses of Machine Training Solutions advanced simulation software for training skilled technical talent for Computer Numeric Control machine operation
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt043500
IRS990/ProgSrvcAccomActy3Grp/Desc0Provided funding to assist Olympic Technology team participate in national robotics competition
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt036725
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0127529
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt018575
IRS990/PYInvestmentIncomeAmt081
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt076719
IRS990/PYOtherRevenueAmt052964
IRS990/PYRevenuesLessExpensesAmt037280
IRS990/PYSalariesCompEmpBnftPaidAmt048000
IRS990/PYTotalExpensesAmt0143294
IRS990/PYTotalRevenueAmt0180574
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-19122
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0250212
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0250338
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0180823
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0127529
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0205614
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0246078
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0293190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01053234
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0125
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt081
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0322
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt09500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt09546
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt019046
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0125
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt081
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0322
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt01072280
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0180823
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0127529
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0215114
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0255624
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0293190
IRS990ScheduleA/Total509Grp/TotalAmt01072280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0180948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0127610
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0215180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0255674
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0293190
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01072602
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08396
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15456
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt215606
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt37500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt4500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Teacher enrichment travel grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Teacher professional devel grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Classroom improvement grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3El and middle school tech grants

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$337,101
Liabilities
$0
Net assets
$337,101
Revenue
$180,959
Expenses
$200,081
Net income
-$19,122
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.60$2.60$0.82$0.56$0.26
2023Detailed filing. Detailed filing data is available for this year.$2.34$2.34$0.81$0.79$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$0.76$0.94$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$0.83$1.04$0.20
2020Detailed filing. Detailed filing data is available for this year.$2.74$0.00$2.74$0.98$1.38$0.40
2019Detailed filing. Detailed filing data is available for this year.$3.14$0.00$3.14$1.33$1.57$0.23
2018Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$1.81$2.00$0.19
2018Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$1.81$2.00$0.19
2017Detailed filing. Detailed filing data is available for this year.$3.56$0.00$3.56$1.81$1.43$0.37
2016Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.19$2.06$1.54$0.51
2015Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$2.46$1.96$0.50
2014Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$2.93$0.76$2.18