Arkansas Special Olympics Inc

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 12/2021, Arkansas Special Olympics Inc employed 10 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 12/2021, Arkansas Special Olympics Inc generated $1.1m 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 (4.0%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. 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 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)Compensation
Terri Weir
Executive Director
$118,789
John Fournier
Chair
$0
Ross Ridout
Vice Chair
$0
Ferdinand Felizco
Finance Chair
$0
Brian Wallace
Secretary
$0
Donna Morey
Immediate Past Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$332,907
Related organizations$0
Government grants $355,799
All other contributions, gifts, grants, and similar amounts not included above$702,246
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,390,952
Total Program Service Revenue$0
Investment income $62,897
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$364,358
Net Income from Fundraising Events $14,788
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,128,239

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Arkansas Special Olympics Inc has recieved totaling $200.

Awarding OrganizationAmount
George Arthur Foundation

Little Rock, AR

PURPOSE: TO SUPPORT GENERAL OPERATIONS

$200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,307,598
Earnings$41,449
Ending Balance$1,349,047

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