Special Olympics Kentucky Inc

Organization Overview

Special Olympics Kentucky Inc is located in Frankfort, KY. The organization was established in 1980. 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 Kentucky Inc employed 23 individuals. This organization is the central organization for a national or regional group of organizations. Special Olympics Kentucky 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 Kentucky Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. 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

TO PROVIDE YEAR-ROUND SPORTS TRAINING & ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN & ADULTS WITH INTELLECTUAL DISABILITIES BY GIVING THEM CONTINUING OPPORTUNITIES TO DEVELOP PHYSICAL FITNESS/DEMONSTRATE COURAGE/ EXPERIENCE JOY & PARTICIPATE IN A SHARING OF GIFTS/SKILLS/FRIENDSHIP WITH THEIR FAMILIES/OTHER SPECIAL OLYMPICS ATHLETES & THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE YEAR-ROUND SPORTS TRAINING & ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN & ADULTS WITH INTELLECTUAL DISABILITIES BY GIVING THEM CONTINUING OPPORTUNITIES TO DEVELOP PHYSICAL FITNESS/DEMONSTRATE COURAGE/EXPERIENCE JOY & PARTICIPATE IN A SHARING OF GIFTS/SKILLS & FRIENDSHIP WITH THEIR FAMILIES/OTHER SPECIAL OLYMPICS ATHLETES & THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Fred Orthymeyer
Finance Chair
$0
Joe Doren
Develop Chair
$0
Byron Largen
Board Chair
$0
Tracy Roberts
Governance Chai
$0
Sott Maloy
Board Member
$0
Dr Priya Chandan
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $252,486
All other contributions, gifts, grants, and similar amounts not included above$2,153,074
Noncash contributions included in lines 1a–1f $35,010
Total Revenue from Contributions, Gifts, Grants & Similar$2,405,560
Total Program Service Revenue$387,687
Investment income $51,697
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $72,230
Net Income from Fundraising Events $599,572
Net Income from Gaming Activities $66,145
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,582,891

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Special Olympics Kentucky Inc has recieved totaling $3,000.

Awarding OrganizationAmount
Creech Family Foundation Inc

Lexington, KY

PURPOSE: GENERAL FUND

$2,000
George And Mary Jo Budig Family Foundation

Fort Mitchell, KY

PURPOSE: GENERAL OPERATIONS

$1,000
View Grant Recipient Profile

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