OLIMPIA FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
OLIMPIA FOUNDATION (EIN 95-4693483)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-04-10
IRS object ID
202141009349100509
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-04-10T18:17:46-07:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010746445PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Willner & Ornedo Accountancy LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line115760 Ventura Blvd Suite 2026AddressLine1Txt
CityEncinoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91436ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954693483EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OLIMPIA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOLIMBusinessNameControlTxt
Phone3232855664PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17940 WILLOW GLEN ROADAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90046ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPERLA ESTONPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2021-04-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstPERLAPersonFirstNm
Person LastESTONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDan DelaneyPreparerPersonNm
PTINP00530096PTIN
Phone8185017590PhoneNum
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$496,242FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$4InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$4InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$4InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$22,147DividendsRevAndExpnssAmt
Dividends Net Invst Incm$22,147DividendsNetInvstIncmAmt
Dividends Adj Net Incm$22,147DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$9,171NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$146,253GrossSalesPriceAmt
Total Rev And Expnss$12,980TotalRevAndExpnssAmt
Total Net Invst Incm$22,151TotalNetInvstIncmAmt
Total Adj Net Incm$22,151TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$375AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$375AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$30TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$30TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss-$621OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl-$621OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss-$216TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl-$216TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$23,203ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$23,203ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$22,987TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$22,987TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$10,007ExcessRevenueOverExpensesAmt
Net Investment Income$22,151NetInvestmentIncomeAmt
Adjusted Net Income$22,151AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$20,478SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$22,521SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$22,521SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$461,708OtherInvestmentsBOYAmt
Other Investments EOY$449,658OtherInvestmentsEOYAmt
Other Investments EOYFMV$473,721OtherInvestmentsEOYFMVAmt
Total Assets BOY$482,186TotalAssetsBOYAmt
Total Assets EOY$472,179TotalAssetsEOYAmt
Total Assets EOYFMV$496,242TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$482,186NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$482,186TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$472,179TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$482,186TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$472,179TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$482,186TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$10,007ExcessRevenueOverExpensesAmt
Subtotal$472,179SubtotalAmt
Tot Net Ast Or Fund Balances EOY$472,179TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyINVESTMENTSPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2015-06-30AcquiredDt
Sold2020-06-30SoldDt
Gross Sales Price$146,253GrossSalesPriceAmt
Cost Or Other Basis$155,424CostOrOtherBasisAmt
Gain Or Loss-$9,171GainOrLossAmt
Gains Minus Excess Or Losses-$9,171GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$9,171CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$308InvestmentIncomeExciseTaxAmt
Subtotal$308SubtotalAmt
Tax Based On Investment Income$308TaxBasedOnInvestmentIncomeAmt
Tax Due$308TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1PERLA ESTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3232855664PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17940 WILLOW GLEN ROADAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900461615ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCd
PERLA ESTON
7940 WILLOW GLEN ROADLOS ANGELESCA90046Treasurer0.00$0
JANE ESTON
President0.00$0CANNENBURG 52 1081 HBAMSTERDAMNL
JAMIE FUDACZ
516 N LUCERNE BLVDLOS ANGELESCA90046Secretary0.00$0
ANNA FUDACZ
7225 SUNNYDIP TRAILLOS ANGELESCA90046Vice Pres0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$467,715AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$21,500AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$489,215TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$489,215AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,338CashDeemedCharitableAmt
Net Vl Noncharitable Assets$481,877NetVlNoncharitableAssetsAmt
Minimum Investment Return$24,094MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$24,094MinimumInvestmentReturnAmt
Tax Based On Investment Income$308TaxBasedOnInvestmentIncomeAmt
Total Tax$308TotalTaxAmt
Distributable Before Adj$23,786DistributableBeforeAdjAmt
Distributable Before Ded$23,786DistributableBeforeDedAmt
Distributable As Adjusted$23,786DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$22,987ExpensesAndContributionsAmt
Qualifying Distributions$22,987QualifyingDistributionsAmt
Adjusted Qualifying Distri$22,987AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$23,786DistributableAsAdjustedAmt
Undistributed Income PY$23,590UndistributedIncomePYAmt
Qualifying Distributions$22,987QualifyingDistributionsAmt
Applied To Year1$22,987AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Taxable2$603Taxable2Amt
Undistributed Income CY$23,786UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonPERLA ESTONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17940 WILLOW GLEN ROADAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90046ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3232855664RecipientPhoneNum
Recipient Email Addressperla1@inclusivehomes.comRecipientEmailAddressTxt
Form And Info And MaterialsNAME, ADDRESS, PHONE, CONTACT PERSON, EXEMPT PURPOSE AND VERIFICATION OF RECOGNITION OF PUBLIC CHARITY STATUS 501(C)(3).FormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsPUBLIC CHARITIES ONLY.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
SPCA
PO BOX 8682NEW YORKNY10001NONEPFCHARITABLE$118
KPCC
474 S RAYMOND AVENUEPASADENACA91105NONEPCCHARITABLE$2,000
THE MUSIC CENTER
135 N GRAND AVELOS ANGELESCA90012NONEPCCHARITABLE$500
MUSIC CENTER FOUNDERS
135 N GRAND AVENUELOS ANGELESCA90012NONEPCCHARITABLE$1,000
LA PHILHARMONIC
151 S GRAND AVENUELOS ANGELESCA90012NONEPCCHARITABLE$2,000
WEST HOLLYWOOD COMMUNITY HOUSING CO
7530 SANTA MONICA BLVDWEST HOLLYWOODCA90046NONEPCCHARITABLE$2,000
LACMA
5905 WILSHIRE BLVDLOS ANGELESCA90036NONEPCCHARITABLE$250
GLAZA
5333 ZOO DRIVELOS ANGELESCA90027NONEPCCHARITABLE$100
LOS ANGELES CONSERVANCY
523 WEST 6TH STREET SUITE 826LOS ANGELESCA90014NONEPCCHARITABLE$1,000
LA OPERA
135 N GRAND AVENUELOS ANGELESCA90012NONEPCCHARITABLE$1,000
PATH VENTURES
340 N MADISON AVENUELOS ANGELESCA90004NONEPCCHARITABLE$2,500
SHELTER PARTNERSHIP
520 S GRAND AVENUE SUITE 695LOS ANGELESCA90071NONEPCCHARITABLE$1,000
SPLC
400 WASHINGTON AVENUEMONTGOMERYAL36104NONEPCCHARITABLE$750
KCET
2900 W ALAMEDA AVENUE SUITE 600BURBANKCA91505NONEPCCHARITABLE$600
SOUTHERN CA PUBLIC RADIO
474 S RAYMOND AVENUEPASADENACA91105NONEPCCHARITABLE$1,000
HUMANE SOCIETY
8075 W 3RD STREET SUITE 303LOS ANGELESCA90048NONEPCCHARITABLE$152
PLANNED PARENTHOOD
123 WILLIAM STREET 10TH FLOORNEW YORKNY10038NONEPCCHARITABLE$2,500
WORLD WILDLIFE FUND
1250 24TH STREET NWWASHINGTONDC20037NONEPCCHARITABLE$33
ACLU
125 BROAD STREET 18TH FLOORNEW YORKNY10004NONEPCCHARITABLE$3,500
SINGLE ROOM HOUSING
1055 W 7TH STREET SUITE 3250LOS ANGELESCA90017NONEPCCHARITABLE$1,000
MOCA
250 S GRAND AVENUELOS ANGELESCA90012NONEPCCHARITABLE$200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$23,203TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$22,147RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$9,171RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$12,980RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$12,980TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$375Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$375DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADMIN EXPENSES$370$370
INVESTMENT MANAGEMENT FEES$150$150
NONDEDUCTIBLE INC / EXP-$1,141-$1,141

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXES AND LICENSESCategoryTxt
Amt$30Amt
Disbursements Charitable Prps$30DisbursementsCharitablePrpsAmt

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