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Olimpiakan Reservner Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Recreation, Sports, Leisure, Athletics / Swimming, Water Recreation (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$382k (2023)

Expenses
$424k (2023)

Total Assets
$147k (2023)

Total Liabilities
$147k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$382,218
Expenses
$424,338
Net Income
-$42,120
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $382,218
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $92,514
21.8%
Professional Fundraising Fees $0
Other Salaries and Wages $88,696
20.9%
Assets/Debt
Total Assets $147,348
Total Liabilities $147,348
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Sona Arakelyan (Secretary) $0 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$714,486
Expenses
$333,986
Net Income
$380,500
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $357,243
50.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $357,243
50.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $84,000
25.2%
Professional Fundraising Fees $0
Other Salaries and Wages $72,454
21.7%
Assets/Debt
Total Assets $64,238
Total Liabilities $64,238
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Sona Arakelyan (Secretary) $0 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,343
Expenses
$166,505
Net Income
-$137,162
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $29,177
99.4%
Program Services $0
Investment Income $166
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,600
27.4%
Professional Fundraising Fees $0
Other Salaries and Wages $57,717
34.7%
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Lousia Gevorkian (President) $21,000 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$56,876
Expenses
$62,254
Net Income
-$5,378
Net Assets
$11,437
Notable Sources of Revenue Percent of Total Revenue
Contributions $56,633
99.6%
Program Services $0
Investment Income $243
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $19,200
30.8%
Professional Fundraising Fees $0
Other Salaries and Wages $16,432
26.4%
Assets/Debt
Total Assets $11,437
Total Liabilities $0
Net Assets $11,437
Compensation
Key Employees and Officers Compensation Related Other
Lousia Gevorkian (President) $0 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$172,530
Expenses
$170,209
Net Income
$2,321
Net Assets
$16,815
Notable Sources of Revenue Percent of Total Revenue
Contributions $172,530
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $26,240
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $35,023
20.6%
Assets/Debt
Total Assets $16,815
Total Liabilities $0
Net Assets $16,815
Compensation
Key Employees and Officers Compensation Related Other
Lousia Gevorkian (President) $0 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$197,022
Expenses
$195,094
Net Income
$1,928
Net Assets
$14,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $197,022
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $33,600
17.2%
Professional Fundraising Fees $0
Other Salaries and Wages $40,101
20.6%
Assets/Debt
Total Assets $14,494
Total Liabilities $0
Net Assets $14,494
Compensation
Key Employees and Officers Compensation Related Other
Lousia Gevorkian (President) $0 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$157,058
Expenses
$155,964
Net Income
$1,094
Net Assets
$12,566
Notable Sources of Revenue Percent of Total Revenue
Contributions $157,058
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,860
18.5%
Professional Fundraising Fees $0
Other Salaries and Wages $24,143
15.5%
Assets/Debt
Total Assets $12,566
Total Liabilities $0
Net Assets $12,566
Compensation
Key Employees and Officers Compensation Related Other
Lousia Gevorkian (President) $0 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$143,163
Expenses
$142,585
Net Income
$578
Net Assets
$11,472
Notable Sources of Revenue Percent of Total Revenue
Contributions $143,163
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $29,377
20.6%
Professional Fundraising Fees $0
Other Salaries and Wages $18,154
12.7%
Assets/Debt
Total Assets $11,472
Total Liabilities $0
Net Assets $11,472
Compensation
Key Employees and Officers Compensation Related Other
Lousia Gevorkian (President) $0 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$189,661
Expenses
$188,841
Net Income
$820
Net Assets
$10,894
Notable Sources of Revenue Percent of Total Revenue
Contributions $189,661
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,769
16.3%
Professional Fundraising Fees $0
Other Salaries and Wages $21,120
11.2%
Assets/Debt
Total Assets $10,894
Total Liabilities $0
Net Assets $10,894
Compensation
Key Employees and Officers Compensation Related Other
Lousia Gevorkian (President) $0 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$190,533
Expenses
$189,382
Net Income
$1,151
Net Assets
$10,074
Notable Sources of Revenue Percent of Total Revenue
Contributions $190,533
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,560
15.1%
Professional Fundraising Fees $0
Other Salaries and Wages $25,531
13.5%
Assets/Debt
Total Assets $10,074
Total Liabilities $0
Net Assets $10,074
Compensation
Key Employees and Officers Compensation Related Other
Lousia Gevorkian (President) $0 $0 $0
Marine Arakelyan (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$178,369
Expenses
$176,589
Net Income
$1,780
Net Assets
$8,923
Notable Sources of Revenue Percent of Total Revenue
Contributions $178,369
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,000
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $29,300
16.6%
Assets/Debt
Total Assets $8,923
Total Liabilities $0
Net Assets $8,923

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$185,814
Expenses
$181,237
Net Income
$4,577
Net Assets
$7,143
Notable Sources of Revenue Percent of Total Revenue
Contributions $185,814
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,375
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $27,752
15.3%
Assets/Debt
Total Assets $7,143
Total Liabilities $0
Net Assets $7,143

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$171,836
Expenses
$182,473
Net Income
-$10,637
Net Assets
$2,566
Notable Sources of Revenue Percent of Total Revenue
Contributions $171,836
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,150
8.3%
Professional Fundraising Fees $0
Other Salaries and Wages $33,416
18.3%
Assets/Debt
Total Assets $2,566
Total Liabilities $0
Net Assets $2,566

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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