Alabama Special Olympics Inc
- Assets
- $1.4m
- Revenue
- $692.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Montgomery, AL
- Founding
- 08/1970
- Data as of
- 12/2021
- EIN
- 23-7070336
Organization Overview
Alabama Special Olympics Inc is located in Montgomery, AL. The organization was established in 1970. 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, Alabama Special Olympics Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama 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, Alabama Special Olympics Inc generated $692.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $727.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 5 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
PROVIDE SPORTS TRAINING & ATHLETIC COMPETITION FOR CHILDREN & ADULTS WITH MENTAL RETARDATION IN ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SPORTS TRAINING & ATHLETIC COMPETITION FOR CHILDREN & ADULTS WITH MENTAL RETARDATION IN ALABAMA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Bushong Executive Di | Officer | 40 | $77,000 |
Carmelita Bivens Board Member | Trustee | $0 | |
Don Bost Chairman | Trustee | $0 | |
Diane Burke Board Member | Trustee | $0 | |
Vickie Brown Board Member | Trustee | $0 | |
Dean Golden Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,675 |
| All other contributions, gifts, grants, and similar amounts not included above | $560,594 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $599,269 |
| Total Program Service Revenue | $33,681 |
| Investment income | $940 |
| 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 | $692,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $300,000 |
| 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. | $77,000 |
| Compensation of current officers, directors, key employees. | $19,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,129 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,129 |
| Payroll taxes | $16,330 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,517 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $6,671 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,460 |
| Office expenses | $3,313 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,522 |
| 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 | $10,550 |
| Insurance | $47,690 |
| All other expenses | $20,166 |
| Total functional expenses | $727,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $506,228 |
| Savings and temporary cash investments | $813,465 |
| 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 | $34,339 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,354,032 |
| Accounts payable and accrued expenses | $54,456 |
| 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 | $54,456 |
| Net assets without donor restrictions | $1,299,576 |
| 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 | $1,354,032 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Alabama Special Olympics Inc has recieved totaling $12,872.
| Awarding Organization | Amount |
|---|---|
Alabama Power Service Organization Inc Birmingham, AL PURPOSE: FAMILY CHILDREN GENERAL SUPPORT SVCS | $10,997 |
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $1,000 |
Burrow Foundation Birmingham, AL PURPOSE: HELP ATHLETES WITH INTELLECTUAL DISABILITIES | $350 |
Wayne Russell Charitable Foundation Montgomery, AL PURPOSE: GENERAL OPERATIONS | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $175 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Olympics Florida Inc Clermont, FL | $12,817,394 | $13,309,920 |
Special Olympics Usa Games 2022 Organizing Committee Orlando, FL | $13,121,937 | $4,491,099 |
Special Olympics Georgia Inc Norcross, GA | $24,685,674 | $4,133,165 |
Special Olympics Tennessee Inc Nashville, TN | $6,325,051 | $2,335,647 |
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 |
Special Populations Tennis Program Inc Roswell, GA | $203,218 | $0 |
Challenged Athletes Playing Equally Murfreesboro, TN | $1 | $0 |