Jimmy Olivas Athletic Foundation
- Assets
- $40.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reno, NV
- Founding
- 10/1985
- Data as of
- 12/2020
- EIN
- 88-0192176
Organization Overview
Jimmy Olivas Athletic Foundation is located in Reno, NV. The organization was established in 1985. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jimmy Olivas Athletic Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Jimmy Olivas Athletic Foundation generated $12.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (26.6%) each year. All expenses for the organization totaled $9.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (30.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
FOUNDATION EXISTS FOR EDUCATIONAL ACTIVITIES, THE SUPPORT OF UNIVERSITY OF NEVADA RENO, RENO BOXING ACTIVITIES ATHLETICS AND GENERAL CHARITABLE PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Drakulich Director | 0 | $0 | |
James L Morgan Secretary | 0 | $0 | |
Steve Korcheck Director | 0 | $0 | |
Robin Archuleta Director | 0 | $0 | |
Joyce L Garcia Director | 0 | $0 | |
Gus Rossi Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,881 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$14,674 |
| Other Revenue | $0 |
| Total Revenue | $12,211 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,820 |
| Total expenses | $9,820 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,542 |
| Other assets | $0 |
| Total assets | $40,542 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,542 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jimmy Olivas Athletic Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Marybeth M Lamb Foundation Inc Reno, NV PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Green Hills Memorial Park Endowment Care Trust Fund Rancho Palos Verdes, CA | $83,462,233 | $9,095,852 |
Reno-Tahoe Open Foundation Reno, NV | $100,630 | $4,549,050 |
Valley Of The Sun Bowl Foundation Scottsdale, AZ | $1,083,776 | $4,579,117 |
Outward Bound California San Francisco, CA | $5,260,897 | $5,231,373 |
Los Angeles Parks Foundation Los Angeles, CA | $6,042,813 | $2,779,556 |
The Scga Foundation Studio City, CA | $5,068,543 | $2,522,992 |
Truckee Meadows Parks Foundation Reno, NV | $433,381 | $1,831,292 |
Youth Tennis San Diego San Diego, CA | $3,088,296 | $1,446,054 |
Elings Park Foundation Santa Barbara, CA | $8,528,099 | $3,756,645 |
Vegas Jr Golden Knights Foundation Inc Las Vegas, NV | $277,565 | $1,461,319 |
Death Valley Conservancy Pasadena, CA | $30,770,823 | $2,218,729 |
Chehalem Center Association Newberg, OR | $6,548,447 | $1,208,781 |