Special Olympics Mississippi Inc
- Assets
- $762.5k
- Revenue
- $705.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Jackson, MS
- Founding
- 12/1977
- Data as of
- 12/2021
- EIN
- 51-0185594
Organization Overview
Special Olympics Mississippi Inc is located in Jackson, MS. The organization was established in 1977. 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 Mississippi Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics Mississippi 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 Mississippi Inc generated $705.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $623.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPORTS AND PROGRAMS: SPECIAL OLYMPICS MISSISSIPPI PROVIDES YEAR-ROUND OLYMPIC-TYPE SPORTS FOR APPROXIMATELY 5,000 ATHLETES WITH INTELLECTUAL DISABILITIES. THERE ARE MORE THAN 200 COMPETITIONS HELD EACH YEAR AT THE STATE AND LOCAL LEVELS. THE LARGEST COMPETITIONS ARE THE STATE-LEVEL SPRINGS GAMES, SUMMER GAMES, FALL GAMES, AND FLAG FOOTBALL TOURNAMENT.
AREA MANAGEMENT AND PROGRAMS: SPECIAL OLYMPICS MISSISSIPPI IS DIVIDED INTO 17 MULTI-COUNTY AREAS. EACH AREA IS RUN BY A VOLUNTEER DIRECTOR THAT IMPLEMENTS SPORT COMPETITIONS AND FUNDRAISING EVENTS THROUGHOUT THE YEAR.
PUBLIC EDUCATION AND COMMUNICATION: SPECIAL OLYMPICS MISSISSIPPI OFFERS HEALTH SCREENINGS FOR VISION, DENTAL, AND HEARING. APPROXIMATELY 400 SCREENINGS ARE PERFORMED BY LICENSED HEALTH CARE PROVIDERS ANNUALLY. THE YOUNG ATHLETES AND UNIFIED CHAMPION SCHOOLS PROGRAMS HELP PROVIDE INCLUSION AND ACCEPTANCE THROUGH SPORTS BETWEEN INDIVIDUALS WITH AND WITHOUT INTELLECTUAL DISABILITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica E Daniels President And CEO | Officer | 40 | $103,294 |
Derek J Finley Board Chairman | OfficerTrustee | 4 | $0 |
Christopher DE Back Vice-Chair | OfficerTrustee | 4 | $0 |
John Mccallum Board Treasurer | OfficerTrustee | 4 | $0 |
Emily Wilemon Holland Board Secretary | OfficerTrustee | 4 | $0 |
Noel Aucoin Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $5,295 |
| Membership dues | $0 |
| Fundraising events | $34,598 |
| Related organizations | $0 |
| Government grants | $306,821 |
| All other contributions, gifts, grants, and similar amounts not included above | $314,947 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $661,661 |
| Total Program Service Revenue | $43,871 |
| Investment income | $118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $705,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $365,536 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,797 |
| Advertising and promotion | $0 |
| Office expenses | $36,597 |
| Information technology | $2,336 |
| Royalties | $0 |
| Occupancy | $25,043 |
| Travel | $22,942 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $600 |
| Interest | $0 |
| Payments to affiliates | $9,071 |
| Depreciation, depletion, and amortization | $1,420 |
| Insurance | $26,704 |
| All other expenses | $2,606 |
| Total functional expenses | $623,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $708,758 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $42,688 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,060 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,040 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $762,546 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,730 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,213 |
| Total liabilities | $12,943 |
| Net assets without donor restrictions | $749,603 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $762,546 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Special Olympics Mississippi Inc has recieved totaling $360,687.
| Awarding Organization | Amount |
|---|---|
Special Olympics Inc Washington, DC PURPOSE: PROGRAM ASSISTANCE | $324,881 |
Leo Seal Family Foundation Bay St Louis, MS PURPOSE: SUPPORT OF ORGANIZATION THAT SERVES ATHLETES WITH INTELLECTUAL DISABILITIES | $10,000 |
Gulf Coast Community Foundation Inc Gulfport, MS PURPOSE: GENERAL SUPPORT | $10,000 |
Community Foundation Of East Mississippi Inc Meridian, MS PURPOSE: GENERAL SUPPORT | $6,509 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,120 |
Henry Schein Cares Foundation Inc Melville, NY PURPOSE: DISASTER RELIEF | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Olympics Tennessee Inc Nashville, TN | $6,325,051 | $2,335,647 |
Special Olympics Louisiana Inc Covington, LA | $1,858,444 | $1,726,996 |
Arkansas Special Olympics Inc Little Rock, AR | $3,761,039 | $1,128,239 |
Alabama Special Olympics Inc Montgomery, AL | $1,354,032 | $692,504 |
Special Olympics Mississippi Inc Jackson, MS | $762,546 | $705,650 |
Nashville Dolphins Nashville, TN | $598,745 | $480,669 |
Mcminnville Special Games Mcminnville, TN | $0 | $0 |
Challenged Athletes Playing Equally Murfreesboro, TN | $1 | $0 |