OLYMPIA COMPANIES SOUTHERN HIGHLANDS CHARITABLE FOUNDATION

EIN: 880509995 501(c)(3) Philanthropy & Grantmaking

LAS VEGAS, NV

Total Revenue
$1,451,830
Total Expenses
$1,748,037
Total Assets
$244,809
Net Assets
$181,492
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NV
Principal Officer
GARRY V GOETT
Phone
7022206565
Tax Period
2023-01-01 to 2023-12-31

OLYMPIA COMPANIES SOUTHERN HIGHLANDS CHARITABLE FOUNDATION, founded in 2001, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 20% operating deficit.

Mission

RAISE FUNDS FOR CHARITABLE PURPOSES TO SUPPORT LOCAL CHARITIES PRIMARILY THROUGH SPONSORSHIP OF A CHARITY GOLF TOURNAMENT AND OTHER COMMUNITY EVENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,618,106
Program Service Revenue $0
Investment Income $12,235
Other Revenue $-1,178,511
TOTAL REVENUE $1,451,830

Expense Breakdown

Grants Paid $1,665,456
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,665,456
Other Expenses $82,581
TOTAL EXPENSES $1,748,037

Year-over-Year Comparison

2023 2022 Change
Revenue $1,451,830 $2,796,024 -0.5%
Expenses $1,748,037 $3,228,746 -0.5%
Net Income $-296,207 $-432,722 -0.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
2
Employees
N/A
Volunteers
37

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARRY V GOETT DIRECTOR & PRESIDENT 2.00
Officer Director
$0 $0 $0
GUY INZALACO DIRECTOR & VICE-PRESIDENT 0.50
Officer Director
$0 $0 $0
DENE KRAMETBAUER DIRECTOR 0.10
Director
$0 $0 $0
CHRISTOPHER ARMSTRONG DIRECTOR 0.50
Director
$0 $0 $0
ROBIN D NEDZA TREASURER 5.00
Officer Director
$0 $0 $0
MARK PACE DIRECTOR (FROM 9/30/23) 0.10
Director
$0 $0 $0
BRETT GOETT SECRETARY (FROM 9/30/23) 0.50
Officer Director
$0 $0 $0
VINCE GOETT DIRECTOR (TO 9/30/23) 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,451,830 $1,748,037 $244,809 $-296,207
2022 $2,796,024 $3,228,746 $528,443 $-432,722
2021 $50,875 $134,674 $1,261,177 $-83,799
2020 $1,682,290 $1,212,012 $1,115,885 $470,278
2019 $1,404,124 $1,163,333 $773,198 $240,791
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