Olympia Companies Southern Highlands Charitable Foundation

What it reported doing in 2024

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.

Financial Efficiency

• Mission deployment rate: 84.5%; rating input score 84
• Program expense ratio: 95.3%; rating input score 95
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.9%; rating input score 100; 51st percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 28.6%; rating input score 29; 10th percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 11.5%; rating input score 64; 64th percentile among comparable filings
• Total-asset coverage ratio: 0.39; rating input score 18; 18th percentile among comparable filings
• Liabilities to assets ratio: 0.38; rating input score 20; 20th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 8.3% per year; rating input score 100; 57th percentile among comparable filings
• Revenue growth: 0.5% per year; rating input score 100; 17th percentile among comparable filings
• Asset growth: -3.9% per year; rating input score 0; 8th percentile among comparable filings