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Passes our checks

Olympia Companies Southern Highlands Charitable Foundation

EIN 88-0509995 · Las Vegas, NV

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair65 out of 100GovernanceFair63 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO RAISE FUNDS FOR CHARITABLE PURPOSES.

Income
$1.8 million
Spending
$1.6 million
Spent on programs
95%
Reserves
2.9 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
6

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 65 out of 100. Higher than 24% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.9 months of spending.

  • Debt

    10 of 20

    It owes 38% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 11% of income.

  • Income trend

    15 of 15

    Income rose 22% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 63 out of 100. Higher than 17% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    5 of 25

    2 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.5 million spent. SEE SCHEDULE OOVER THE PAST 25 YEARS, THE OLYMPIA COMPANIES SOUTHERN HIGHLANDS CHARITABLE FOUNDATION HAS BEEN HONORED TO SUPPORT OVER 30 LOCAL CHARITIES THROUGHOUT SOUTHERN NEVADA. EACH YEAR, WE PARTNER WITH 10 TO 12 ORGANIZATIONS, STRIVING TO SPREAD THE LOVE ACROSS THE COUNTLESS GROUPS WORKING TIRELESSLY IN OUR COMMUNITY. WHILE OUR SUPPORT EXTENDS TO MANY, OUR PRIMARY FOCUS IS ON IMPROVING THE QUALITY OF LIFE FOR FAMILIES IN NEED. IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY THAT HAS GIVEN US SO MUCH, AND WE'RE COMMITTED TO CONTINUING THIS IMPORTANT WORK FOR YEARS TO COME.SINCE ITS FIRST CHARITABLE EVENT IN APRIL OF 2000, THE GOVERNOR'S BLACK TIE HAS CALLED UPON THE MOST PHILANTHROPIC MEMBERS OF THE LAS VEGAS COMMUNITY, AND TO DATE IT HAS RAISED OVER $30 MILLION TO SUPPORT NUMEROUS, NON-PROFIT ORGANIZATIONS THAT WORK TIRELESSLY TO SERVE CHILDREN IN NEED AND AT-RISK FAMILIES THROUGHOUT SOUTHERN NEVADA.MONEY RAISED OVER THE YEARS THROUGH OCSHCF HAS SENT CRITICALLY ILL CHILDREN TO SUMMER CAMP, PROVIDED SCHOOL SUPPLIES AND CLOTHING FOR CHILDREN, CREATED A VIBRANT COMMUNITY YOUTH CENTER, ENABLED STUDENTS TO ACCESS ACADEMIC AND FINANCIAL LITERACY CLASSES, FINANCIALLY ASSISTED MILITARY FAMILIES AND FAMILIES OF CHILDREN DIAGNOSED WITH CANCER TO NAME A FEW.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2003.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.