Special Olympics Entertainment Corporation
- Assets
- $839.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 83-4376683
Organization Overview
Special Olympics Entertainment Corporation is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics Entertainment Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT, PERFORM SERVICES FOR, AND AT ALL-TIME OPERATE EXCLUSIVELY FOR THE BENEFIT OF SPECIAL OLYMPICS, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN CELEBRATION OF THE WORLD GAMES, SOI'S 50TH ANNIVERSARY, AND THE THEME OF INCLUSION, SOEC, LLC, A TAXABLE SUBSIDIARY OF THE CHARITY, WILL PRODUCE A DOCUMENTARY ABOUT THESE TOPICS. A MAJOR PURPOSE OF THIS DOCUMENTARY IS TO SERVE AS A RECORD OF THE WORLD GAMES AND ITS PARTICIPANTS. IT IS ANTICIPATED THAT SOEC, LLC WILL EARN ROYALTIES FROM THE DISTRIBUTION OF THIS DOCUMENTARY. SOEC, LLC WILL THEN PAY DIVIDENDS, TO THE EXTENT OF ITS PROFITS, TO THE CHARITY, WHICH WILL ALSO BE USED BY THE CHARITY TO MAKE GRANTS TO SOI AND TO OTHERWISE MAKE EXPENDITURES IN SUPPORT OF ACTIVITIES IN FURTHERANCE OF SOI'S EXEMPT PURPOSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Shriver PHD President/director | OfficerTrustee | 1 | $0 |
Bobby Shriver Treasurer/director | OfficerTrustee | 6 | $0 |
Angela Ciccolo Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $2,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,050 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $183,000 |
| Total functional expenses | $186,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $839,594 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $839,594 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $839,594 |
| 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 | $839,594 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Special Olympics Entertainment Corporation has recieved totaling $1,900,000.
| Awarding Organization | Amount |
|---|---|
Special Olympics Inc Washington, DC PURPOSE: PROGRAM ASSISTANCE | $1,900,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baltimore Sports Tourism Development Council Inc Baltimore, MD | $1,882,664 | $3,644,109 |
Swanee Hunt Family Foundation Washington, DC | $7,124,229 | $690,524 |
Gramma Fisher Foundation Easton, MD | $26,054,543 | $4,343,834 |
Camp Foundation Franklin, VA | $18,333,166 | $1,889,654 |
Paul D Camp Community College Foundation Franklin, VA | $2,592,283 | $1,339,623 |
Rva Sports Foundation Inc Richmond, VA | $1,516,415 | $456,889 |
Mfha Foundation Middleburg, VA | $4,849,648 | $245,852 |
Woodrow Wilson High School Crew Booster Club Inc Washington, DC | $358,204 | $288,751 |
Charles Barker Champions For Charity Inc Virginia Beach, VA | $167,059 | $278,641 |
Athlete Biz Williamsburg, VA | $93,072 | $164,860 |
Links To Freedom Lorton, VA | $142,902 | $198,602 |
J L Camp Foundation Inc Virginia Beach, VA | $3,178,406 | $290,118 |