Civic Intelligence

Olimpiakan Reservner Inc.

990 • Fiscal year 2023 • EIN 95-4781322

Jan 01, 2023 to Dec 31, 2023 • Filed on May 10, 2024

11408 Collett AveGranada Hills, CA 91344

(818) 640-7422

Siviq Scores

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

Liabilities / Assets

95th percentile

1.00x

Higher debt load relative to assets than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

0.39x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

26th percentile

-11%

Higher net margin than 26% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

93rd percentile

129%

Faster asset growth than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-47%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$147,348

Up $83,110 (+129%) from 2022

Net Assets

Flat

$0

Flat from 2022

Liabilities

Up

$147,348

Up $83,110 (+129%) from 2022

Revenue

Down

$382,218

Down $332,268 (-47%) from 2022

Expenses

Up

$424,338

Up $90,352 (+27%) from 2022

Net Income

Down

-$42,120

Down $422,620 (-111%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2011: $2,566Liabilities 2011: $0Net Assets 2011: $2,5662011Assets 2012: $7,143Liabilities 2012: $0Net Assets 2012: $7,1432012Assets 2013: $8,923Liabilities 2013: $0Net Assets 2013: $8,9232013Assets 2014: $10,074Liabilities 2014: $0Net Assets 2014: $10,0742014Assets 2015: $10,894Liabilities 2015: $0Net Assets 2015: $10,8942015Assets 2016: $11,472Liabilities 2016: $0Net Assets 2016: $11,4722016Assets 2017: $12,566Liabilities 2017: $0Net Assets 2017: $12,5662017Assets 2018: $14,494Liabilities 2018: $0Net Assets 2018: $14,4942018Assets 2019: $16,815Liabilities 2019: $0Net Assets 2019: $16,8152019Assets 2020: $11,437Liabilities 2020: $0Net Assets 2020: $11,4372020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $64,238Liabilities 2022: $64,238Net Assets 2022: $02022Assets 2023: $147,348Liabilities 2023: $147,348Net Assets 2023: $02023Assets 2024: $91,394Liabilities 2024: $147,348Net Assets 2024: -$55,9542024

Highlighted filing

2023

Assets$147,348
Liabilities$147,348
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $171,836Expenses 2011: $182,473Net Income 2011: -$10,6372011Revenue 2012: $185,814Expenses 2012: $181,237Net Income 2012: $4,5772012Revenue 2013: $178,369Expenses 2013: $176,589Net Income 2013: $1,7802013Revenue 2014: $190,533Expenses 2014: $189,382Net Income 2014: $1,1512014Revenue 2015: $189,661Expenses 2015: $188,841Net Income 2015: $8202015Revenue 2016: $143,163Expenses 2016: $142,585Net Income 2016: $5782016Revenue 2017: $157,058Expenses 2017: $155,964Net Income 2017: $1,0942017Revenue 2018: $197,022Expenses 2018: $195,094Net Income 2018: $1,9282018Revenue 2019: $172,530Expenses 2019: $170,209Net Income 2019: $2,3212019Revenue 2020: $56,876Expenses 2020: $62,254Net Income 2020: -$5,3782020Revenue 2021: $29,343Expenses 2021: $166,505Net Income 2021: -$137,1622021Revenue 2022: $714,486Expenses 2022: $333,986Net Income 2022: $380,5002022Revenue 2023: $382,218Expenses 2023: $424,338Net Income 2023: -$42,1202023Revenue 2024: $381,863Expenses 2024: $437,817Net Income 2024: -$55,9542024

Highlighted filing

2023

Revenue$382,218
Expenses$424,338
Net Income-$42,120
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 10, 2024
Return Version
2023v5.1
Gross Receipts
$382,218
Mission and Program Overview

Mission

Swimming & water polo practices

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$64,238$147,348▲ $83,110
Total Assets$64,238$147,348▲ $83,110
Liabilities
Unsecured Notes Loans Payable$64,238$147,348▲ $83,110
Total Liabilities$64,238$147,348▲ $83,110
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$64,238$147,348▲ $83,110
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marine ArakelyanOfficer
Sona ArakelyanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$382,218
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-42,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$224,729
Salaries, Compensation, and Employee Benefits$199,609
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$181,604$1,260$0$182,864
Current Officers, Directors, Trustees, and Key Employees$0$92,514$0$92,514
Other Salaries and Wages$0$88,696$0$88,696
Payroll Taxes$0$18,399$0$18,399
Interest$16,115$0$0$16,115
Travel$13,817$0$0$13,817
Other Expenses$7,731$0$0$7,731
Fees for Services Accounting$0$1,150$0$1,150
Total Functional Expenses$222,319$202,019$0$424,338
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
Yes
Audit committee
No
Backup withholding compliance
No
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
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
Filing and Contact Details

Filer

Filer Name
Olimpiakan Reservner
EIN
95-4781322
Phone
8186407422
Address
11408 COLLETT AVE, GRANADA HILLS, CA 91344

Signing Officer

Name
Marine Arakelyan
Title
Officer
Phone
8186407422
Signed
2024-05-10

Organization Details

Principal Officer
Marine Arakelyan
Formed
2000
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
AB Accounting & Tax Services
Address
1313 Foothill Blvd 7, La Canada, CA 91011
Preparer
Anita Boudaghian Asl
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

There is no formal process in which the form 990 is reviewed by the organization. The form is made available to all the executive members who review the form 990 each in his own way.

Form 990, Part IX, Line 24E

Workerscomp insurance 338. 338. 0. 0.

Form 990, Part IX, Line 24E

Uniform 6677. 6677. 0. 0.

Form 990, Part IX, Line 24E

Program meals 6230. 6230. 0. 0.

Form 990, Part IX, Line 24E

Pool rental 70282. 70282. 0. 0.

Form 990, Part IX, Line 24E

MISC. 252. 252. 0. 0.

Form 990, Part IX, Line 24E

Futures waterpolo 7100. 7100. 0. 0.

Form 990, Part IX, Line 24E

GAMES 9120. 9120. 0. 0.

Form 990, Part IX, Line 24E

POSTAGE 26. 26. 0. 0.

Form 990, Part IX, Line 24E

Telephone 3663. 3663. 0. 0.

Form 990, Part IX, Line 24E

Us waterpolo 15370. 15370. 0. 0.

Form 990, Part IX, Line 24E

Material 3948. 3948. 0. 0.

Form 990, Part IX, Line 24E

HHS 880. 880. 0. 0.

Form 990, Part IX, Line 24E

PARKING 43. 43. 0. 0.

Form 990, Part IX, Line 24E

License & permit 125. 125. 0. 0.

Form 990, Part IX, Line 24E

Office supplies 244. 244. 0. 0.

Form 990, Part IX, Line 24E

Storage rental 16500. 16500. 0. 0.

Form 990, Part IX, Line 24E

GIFT 200. 200. 0. 0.

Form 990, Part IX, Line 24E

Internet expense 1260. 0. 1260. 0.

Form 990, Part IX, Line 24E

Payroll processing fee 5369. 5369. 0. 0.

Form 990, Part IX, Line 24E

Youth water polo 33435. 33435. 0. 0.

Form 990, Part IX, Line 24E

Outside service 1500. 1500. 0. 0.

Form 990, Part IX, Line 24E

AMAZON 302. 302. 0. 0.

Raw XML Appendix340 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/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GroupReturnForAffiliatesInd0false
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IRS990/OwnWebsiteInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There is no formal process in which the form 990 is reviewed by the organization. The form is made available to all the executive members who review the form 990 each in his own way.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WORKERSCOMP INSURANCE 338. 338. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21OUTSIDE SERVICE 1500. 1500. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt064238
IRS990/TotalAssetsEOYAmt0147348
IRS990/TotalAssetsGrp/BOYAmt064238
IRS990/TotalAssetsGrp/EOYAmt0147348
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0382218
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0202019
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0222319
IRS990/TotalFunctionalExpensesGrp/TotalAmt0424338
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt064238
IRS990/TotalLiabilitiesEOYAmt0147348
IRS990/TotalLiabilitiesGrp/BOYAmt064238
IRS990/TotalLiabilitiesGrp/EOYAmt0147348
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt0222319
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0382218
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt064238
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0147348
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt013817
IRS990/TravelGrp/TotalAmt013817
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt064238
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0147348
IRS990/USAddress/AddressLine1Txt011408 COLLETT AVE
IRS990/USAddress/CityNm0GRANADA HILLS
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091344
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARINE ARAKELYAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08186407422
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLIMPIAKAN RESERVNER
ReturnHeader/Filer/BusinessNameControlTxt0OLIM
ReturnHeader/Filer/EIN0954781322
ReturnHeader/Filer/PhoneNum08186407422
ReturnHeader/Filer/USAddress/AddressLine1Txt011408 COLLETT AVE
ReturnHeader/Filer/USAddress/CityNm0GRANADA HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091344
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474495967
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AB Accounting & Tax Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01313 Foothill Blvd 7
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0La Canada
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091011
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anita Boudaghian Asl
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-12T10:43:28-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$1.47$0.56$3.82$4.38$0.56
2023Detailed filing. Detailed filing data is available for this year.$1.47$1.47$0.00$3.82$4.24$0.42
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.64$0.00$7.14$3.34$3.81
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.29$1.67$1.37
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.57$0.62$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$1.73$1.70$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$1.97$1.95$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$1.57$1.56$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.11$1.43$1.43$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$1.90$1.89$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.91$1.89$0.01
2013Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$1.78$1.77$0.02
2012Summary only. Only limited summary data is available for this year.$0.07$0.00$0.07$1.86$1.81$0.05
2011Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$1.72$1.82$0.11