Civic Intelligence

Olympia Foundation

990EZ • Fiscal year 2023 • EIN 88-3141753

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 11, 2024

Organization Profile
845 3rd Ave Ste 670New York, NY 10022-6601

(646) 924-5995

Siviq Scores

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

Liabilities / Assets

75th percentile

0.83x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • NTEE L20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

2.25x

Higher debt load relative to revenue than 83% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Source year 2023

Net Margin

34th percentile

-4.3%

Higher net margin than 34% of similar nonprofits.

2023 filings • NTEE L20 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2023 filings • NTEE L20 • <$500k nonprofits • Source year 2023

Asset Growth

42nd percentile

-2.7%

Faster asset growth than 42% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

6.9%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$373,792

Down $10,376 (-2.7%) from 2022

Net Assets

Down

$63,230

Down $5,864 (-8.5%) from 2022

Liabilities

Down

$310,562

Down $4,512 (-1.4%) from 2022

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin34th percentile

Revenue

Up

$137,723

Up $8,929 (+6.9%) from 2022

Expenses

Up

$143,587

Up $83,887 (+141%) from 2022

Net Income

Down

-$5,864

Down $74,958 (-108%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$600K$400K$200K$0Assets 2022: $384,168Liabilities 2022: $315,074Net Assets 2022: $69,0942022Assets 2023: $373,792Liabilities 2023: $310,562Net Assets 2023: $63,2302023Assets 2024: $508,099Liabilities 2024: $317,542Net Assets 2024: $190,5572024

Highlighted filing

2023

Assets$373,792
Liabilities$310,562
Net Assets$63,230
Open 2023 Filing

Operations Trend

Revenue Growth62nd percentile

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

$600K$400K$200K$0-$200KRevenue 2022: $128,794Expenses 2022: $59,700Net Income 2022: $69,0942022Revenue 2023: $137,723Expenses 2023: $143,587Net Income 2023: -$5,8642023Revenue 2024: $403,049Expenses 2024: $166,501Net Income 2024: $236,5482024

Highlighted filing

2023

Revenue$137,723
Expenses$143,587
Net Income-$5,864
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 11, 2024
Return Version
2023v5.1
Gross Receipts
$137,723
Mission and Program Overview

Mission

Providing Low to moderate income housing

Program Services

DescriptionGrantsExpenses
Renting Section 8 Housing-$143,587
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David GarlandChairman-$0--
Wayne WarnerVice President-$0--
Carol GarlandSecretary Treasurer-$0--
William SmootBoard Member-$0--
Frances SmootBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Olympia Foundation
EIN
88-3141753
Address
845 3rd Ave Ste 670, New York, NY 10022-6601

Signing Officer

Name
David Garland
Title
Chairman of the
Phone
6469245995
Signed
2024-09-11
Discuss with paid preparer
No

Preparer

Firm
Szweda Consulting LLC
Address
4827 Southwood Drive, Cleveland, OH 44144
Preparer
Barm C Alsbrook
Phone
2168779015
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountCredit Card Rewards 237”

Description of other expenses Part I line 16

“Description AmountOffice Expenses 1,559Insurance 10,595Bank Fees 1,401Travel 1,283Property Taxes 28,512Predevelopment 25,600capital Expenses 250Annual Registration 1,400”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearCredit Card 5,373 10,981Security Deposits 5,050 5,050Settlement Agreement 290,000 290,000Garland Loan 14,651 4,531”

Raw XML Appendix130 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Cleveland
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044127
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt094168
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt083792
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5864
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0David Garland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Wayne Warner
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3William Smoot
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Frances Smoot
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt070600
IRS990EZ/OtherRevenueTotalAmt0237
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Providing low to moderate income housing
IRS990EZ/ProgramServiceRevenueAmt0137486
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Renting Section 8 Housing
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0143587
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt020825
IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountCredit Card Rewards 237
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountOffice Expenses 1,559Insurance 10,595Bank Fees 1,401Travel 1,283Property Taxes 28,512Predevelopment 25,600capital Expenses 250Annual Registration 1,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearCredit Card 5,373 10,981Security Deposits 5,050 5,050Settlement Agreement 290,000 290,000Garland Loan 14,651 4,531
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0David Garland
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman of the
ReturnHeader/BusinessOfficerGrp/PhoneNum06469245995
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Olympia Foundation
ReturnHeader/Filer/BusinessNameControlTxt0OLYM
ReturnHeader/Filer/EIN0883141753
ReturnHeader/Filer/USAddress/AddressLine1Txt0845 3rd Ave Ste 670
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0100226601
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0825185097
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Szweda Consulting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04827 Southwood Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cleveland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044144
ReturnHeader/PreparerPersonGrp/PhoneNum02168779015
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Barm C Alsbrook
ReturnHeader/ReturnTs02024-09-12T10:46:44-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$373,792
Liabilities
$310,562
Net assets
$63,230
Revenue
$137,723
Expenses
$143,587
Net income
-$5,864
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.08$3.18$1.91$4.03$1.67$2.37
2023Detailed filing. Detailed filing data is available for this year.$3.74$3.11$0.63$1.38$1.44$0.06
2022Detailed filing. Detailed filing data is available for this year.$3.84$3.15$0.69$1.29$0.60$0.69