Arkansas Special Olympics Inc
- Assets
- $3.4m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 14
- Location
- Little Rock, AR
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 71-0666671
Organization Overview
Arkansas Special Olympics Inc is located in Little Rock, AR. The organization was established in 0000. 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 12/2023, Arkansas Special Olympics Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Special Olympics 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 12/2023, Arkansas Special Olympics Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 3.2% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER INDIVIDUALS WITH INTELLECTUAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED YEAR ROUND SPORTS TRAINING AND COMPETITIONS IN TWENTY OLYMPIC TYPE SPORTS FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES. ALSO OFFERED ADDITIONAL PROGRAMS FOR ATHLETES' DEVELOPMENT AND FITNESS, INCLUDING: "HEALTHY HEARING" WHICH PROVIDED FREE HEARING SCREENINGS; "SPECIAL SMILES" WHICH OFFERED FREE DENTAL SCREENINGS; "OPENING EYES" WHICH PROVIDED FREE VISION SCREENINGS; "FUN FITNESS" WHERE OCCUPATIONAL AND PHYSICAL THERAPISTS MEASURED ATHLETES FLEXIBILITY AND NEED FOR OTHER TREATMENTS; "HEALTH PROMOTION" WHICH PROMOTED A HEALTHER ATHLETE FOR A HEALTHIER LIFESTYLE; AND "PROJECT UNIFY" INITIATIVES WHICH COMBINED SOCIAL, EDUCATIONAL, AND INCLUSIONAL OPPORTUNITIES THROUGH SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Fournier Chair | OfficerTrustee | 1 | $0 |
Ross Ridout Vice Chair | OfficerTrustee | 1 | $0 |
Ferdinand Felizco Finance Chair | OfficerTrustee | 1 | $0 |
Brian Wallace Secretary | OfficerTrustee | 1 | $0 |
Donna Morey Immediate Past Chair | OfficerTrustee | 1 | $0 |
Roy Anderle Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $490,242 |
| Related organizations | $0 |
| Government grants | $461,318 |
| All other contributions, gifts, grants, and similar amounts not included above | $857,087 |
| Noncash contributions included in lines 1a–1f | $29,243 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,808,647 |
| Total Program Service Revenue | $59,510 |
| Investment income | $62,962 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$35,024 |
| Net Income from Fundraising Events | -$103,068 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,816,461 |
| 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. | $136,718 |
| Compensation of current officers, directors, key employees. | $75,195 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $506,517 |
| Pension plan accruals and contributions | $24,551 |
| Other employee benefits | $38,424 |
| Payroll taxes | $47,319 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,664 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,526 |
| Office expenses | $19,937 |
| Information technology | $30,530 |
| Royalties | $0 |
| Occupancy | $52,074 |
| Travel | $42,081 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $97,494 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,700 |
| Insurance | $30,834 |
| All other expenses | $0 |
| Total functional expenses | $1,904,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,796 |
| Savings and temporary cash investments | $488,590 |
| Pledges and grants receivable | $34,208 |
| Accounts receivable, net | $28,881 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $32,237 |
| Investments—publicly traded securities | $2,092,873 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $479,059 |
| Total assets | $3,418,644 |
| Accounts payable and accrued expenses | $28,789 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,782 |
| Total liabilities | $42,571 |
| Net assets without donor restrictions | $2,765,233 |
| Net assets with donor restrictions | $610,840 |
| 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 | $3,418,644 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Olympics Texas Inc San Antonio, TX | $8,722,464 | $11,162,538 |
Special Olympics Missouri Jefferson City, MO | $21,781,439 | $6,674,597 |
Special Olympics Tennessee Inc Brentwood, TN | $6,923,537 | $3,478,416 |
Special Olympics Louisiana Inc Covington, LA | $2,441,746 | $2,565,966 |
Special Olympics Oklahoma Inc Tulsa, OK | $6,930,946 | $2,471,589 |
Arkansas Special Olympics Inc Little Rock, AR | $3,418,644 | $1,816,461 |
Disabled Athlete Sports Association Saint Peters, MO | $1,308,890 | $924,864 |
Special Olympics Mississippi Inc Jackson, MS | $947,390 | $1,058,283 |
Nashville Dolphins Nashville, TN | $904,185 | $440,568 |
Mcminnville Special Games Mcminnville, TN | $0 | $0 |
United Rocks Plano, TX | $0 | $0 |