Special Olympics South Dakota Inc

Organization Overview

Special Olympics South Dakota Inc is located in Sioux Falls, SD. The organization was established in 1981. According to its NTEE Classification (N72) the organization is classified as: Special Olympics, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Special Olympics South Dakota Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics South Dakota Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Special Olympics South Dakota Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES PHYSICAL FITNESS, SPORTS TRAINING, ATHLETIC COMPETITION AND FREE HEALTH SCREENINGS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES PHYSICAL FITNESS, SPORTS TRAINING, ATHLETIC COMPETITION AND FREE HEALTH SCREENINGS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES. DUE TO COVID, SOME EVENTS WERE CANCELLED.


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Board, Officers & Key Employees

Name (title)Compensation
Jon Cole
Vice Chair
$0
Rich Mulholland
Chair
$0
Myles Kennedy
Treasurer
$0
Maynarad Konechne
Secretary
$0
Jamie Rounds
Director
$0
Curt Jacobs
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$308,942
Related organizations$0
Government grants $111,237
All other contributions, gifts, grants, and similar amounts not included above$1,385,107
Noncash contributions included in lines 1a–1f $41,938
Total Revenue from Contributions, Gifts, Grants & Similar$1,805,286
Total Program Service Revenue$877
Investment income $129
Tax Exempt Bond Proceeds $0
Royalties $83
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $51,503
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$1,371
Miscellaneous Revenue$0
Total Revenue $1,899,087

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Special Olympics South Dakota Inc has recieved totaling $4,579.

Awarding OrganizationAmount
First Interstate Bancsystem Foundation Inc

Billings, MT

PURPOSE: GENERAL OPERATING SUPPORT

$4,579
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$527,285
Earnings$42,664
Admin Expense$4,870
Ending Balance$565,079

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