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Nonprofit · EIN 91-1595274

OLYMPIC COLLEGE FOUNDATION

Tax-exempt · BREMERTON, WA 98337

Financials

$1.6M$1.2M2022$4.3M$1.2M2023$3.7M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of OLYMPIC COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,697,676$1,355,082$2,342,594$29,388,624$972,829$28,415,795
June 30, 2024990$4,279,996$1,243,403$3,036,593$24,816,364$666,566$24,149,798
June 30, 2023990$1,593,502$1,161,438$432,064$21,061,592$1,018,839$20,042,753
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,010,040
Program service revenue
$0
Investment income
$633,930
Net gain from sales of assets
-$47,809
Net income from fundraising events
$52,897
Other revenue
$53,706

Expenses

Grants and similar amounts paid
$1,216,416
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$52,586
Program services (functional)
$1,093,309
Management and general (functional)
$199,156
Fundraising (functional)
$62,617

Balance sheet and other

Total assets, start of year
$24,816,364
Total assets, end of year
$29,388,624
Total liabilities, end of year
$972,829
Net assets, end of year
$28,415,795
Publicly traded securities
$25,684,652
Net assets without donor restrictions
$1,061,024
Net assets with donor restrictions
$27,354,771
Gross receipts
$7,936,977
Employees
0
Volunteers
130
Year formed
1993
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
MARTY CAVALLUZZIPRESIDENT OF OLYMPIC COLLE
Officer
5$0$269,428
JOAN HANTENINTERIM PRESIDENT OF OLYMPIC COLLEGE
Officer
5$0$10,625
JON BERGLINDPRESIDENT
Trustee or director, Officer
10$0$0
CHARLES ROBERTSONVP FOR DEVELOPMENT
Trustee or director, Officer
5$0$0
AARON SCHIELKETREASURER
Trustee or director, Officer
5$0$0
BRENDON TAGAVP FOR GOVERNANCE
Trustee or director
5$0$0
PETER BRAUNBOARD MEMBER
Trustee or director
1$0$0
HARRIETTE BYRANTOLYMPIC COLLEGE BOT LIAISO
Trustee or director
1$0$0
SANDRA ROCHA EVANOFFBOARD MEMBER
Trustee or director
1$0$0
DANIELLE PRIESTBOARD MEMBER
Trustee or director
1$0$0
LILLIAN ROBERTSONBOARD MEMBER
Trustee or director
1$0$0
MARGARET LYNN MILLERBOARD MEMBER
Trustee or director
1$0$0
DAVID HEDDERLY-SMITHBOARD MEMBER
Trustee or director
1$0$0
ERIC BERGLINDBOARD MEMBER
Trustee or director
1$0$0
ENRICO SIOBOARD MEMBER
Trustee or director
1$0$0
6 more people on this return
NameTitleHours / weekCompensation
WILL CLEMMERBOARD MEMBER
Trustee or director
1$0
SCOTT LINDLEYBOARD MEMBER
Trustee or director
1$0
SHARON ANDERSONBOARD MEMBER
Trustee or director
1$0
TERRY COXBOARD MEMBER
Trustee or director
1$0
DIANA RIGGINSBOARD MEMBER
Trustee or director
1$0
RUSS SHIPLETVP GOVERNANCE
Trustee or director
5$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationFrom related orgs
MARTY CAVALLUZZIPRESIDENT OF OLYMPIC COLLE
Officer
5$0$263,921
JON BERGLINDPRESIDENT
Trustee or director, Officer
10$0$0
CHARLES ROBERTSONVP FOR DEVELOPMENT
Trustee or director, Officer
5$0$0
AARON SCHIELKETREASURER
Trustee or director, Officer
5$0$0
BRENDON TAGAVP FOR GOVERNANCE
Trustee or director
1$0$0
PETER BRAUNBOARD MEMBER
Trustee or director
1$0$0
HARRIETTE BYRANTOLYMPIC COLLEGE BOT LIAISO
Trustee or director
1$0$0
SANDRA ROCHA EVANOFFBOARD MEMBER
Trustee or director
1$0$0
DANIELLE PRIESTBOARD MEMBER
Trustee or director
1$0$0
LILLIAN ROBERTSONBOARD MEMBER
Trustee or director
1$0$0
MARGARET LYNN MILLERBOARD MEMBER
Trustee or director
1$0$0
DAVID HEDDERLY-SMITHBOARD MEMBER
Trustee or director
1$0$0
ERIC BERGLINDBOARD MEMBER
Trustee or director
1$0$0
ENRICO SIOBOARD MEMBER
Trustee or director
1$0$0
WILL CLEMMERBOARD MEMBER
Trustee or director
1$0$0
SCOTT LINDLEYBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARTY CAVALLUZZIPRESIDENT OF OLYMPIC COLLE
Officer
5$0$254,400$54,446
TREVOR ROSSFORMER EXECUTIVE DIRECTOR
Officer
45$0$136,012$0
MEREDITH GREENPAST PRESIDENT
Trustee or director, Officer
5$0$0$0
JON BERGLINDPRESIDENT
Trustee or director, Officer
10$0$0$0
CHARLES ROBERTSONVP FOR DEVELOPMENT
Trustee or director, Officer
5$0$0$0
SUZANNE KEEL-ECKMANNIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
3$0$0$0
AARON SCHIELKEVP FOR GOVERNANCE
Trustee or director, Officer
5$0$0$0
BRENDON TAGABOARD MEMBER
Trustee or director
1$0$0$0
WILL CLEMMERBOARD MEMBER
Trustee or director
1$0$0$0
PETER BRAUNBOARD MEMBER
Trustee or director
1$0$0$0
HARRIETTE BYRANTOLYMPIC COLLEGE BOT LIAISO
Trustee or director, Officer
5$0$0$0
SANDRA RANCHO EVANOFFBOARD MEMBER
Trustee or director
1$0$0$0
DANIELLE PRIESTBOARD MEMBER
Trustee or director
1$0$0$0
LILLIAN ROBERTSONBOARD MEMBER
Trustee or director
1$0$0$0
TRACY FLOODBOARD MEMBER
Trustee or director
1$0$0$0
MARGARET LYNN MILLERBOARD MEMBER
Trustee or director
1$0$0$0
JEREMIE WALLSBOARD MEMBER
Trustee or director
1$0$0$0
ROBERTO FRONDOZOBOARD MEMBER
Trustee or director
1$0$0$0
DAVID HEDDERLY-SMITHBOARD MEMBER
Trustee or director
1$0$0$0
ERIC BERGLINDBOARD MEMBER
Trustee or director
1$0$0$0
ENRICO SIOBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1600 CHESTER AVE BUILDING 5 CSC 3, BREMERTON, WA 98337-1600
Principal officer (990 for 2024)
RUSS SHIPLET, 1600 CHESTER AVE BUILDING 5 CSC 300, BREMERTON, WA 98337
Signed the 990
AARON SCHIELKE, TREASURER
Phone
(360) 475-7120
Return prepared by
SINGERLEWAK LLP

Mission

THE MISSION OF THE OLYMPIC COLLEGE FOUNDATION - WE TRANSFORM LIVES BY PARTNERING WITH THE COMMUNITY TO SUPPORT OLYMPIC COLLEGE AND ITS STUDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • CUSTODIAN OF FUNDS TO BE USED FOR SCHOLARSHIP TO THE STUDENTS OF OLYMPIC COLLEGE.
    Expenses $753,028 · grants $753,028
  • SUPPORT FOR THE EVENTS AND PROGRAMS OF OLYMPIC COLLEGE AND ITS SATELLITE CAMPUSES.
    Expenses $463,388 · grants $463,388
  • MANAGEMENT OF MULTIPLE ENDOWMENTS THAT PROVIDE THE ANNUAL SCHOLARSHIPS AND OTHER PROGRAM FUNDS TO BENEFIT OLYMPIC COLLEGE AND STUDENTS.
    Expenses $39,969
  • UNSPENT FUNDS EARMARKED FOR SCHOLARHIP AND PROGRAMS IN PRIOR YEAR
    Expenses -$163,076

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
91-1595274
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$29,388,624
Income (IRS master file)
$7,936,977

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,697,676$1,355,082$29,388,624XML
990June 2024$4,279,996$1,243,403$24,816,364IRS
990June 2023$1,593,502$1,161,438$21,061,592XML
990June 2022$1,748,096$1,469,584$19,483,622IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-1595274).

Questions about OLYMPIC COLLEGE FOUNDATION

What is the EIN of OLYMPIC COLLEGE FOUNDATION?
The employer identification number (EIN) of OLYMPIC COLLEGE FOUNDATION is 91-1595274.
Is OLYMPIC COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to OLYMPIC COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OLYMPIC COLLEGE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OLYMPIC COLLEGE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OLYMPIC COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OLYMPIC COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 names RUSS SHIPLET.
Who are the officers and directors of OLYMPIC COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
How much revenue does OLYMPIC COLLEGE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,697,676, expenses of $1,355,082 and total assets of $29,388,624 at year end.

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