Special Olympics New Hampshire Inc
- Assets
- $2.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 26
- Location
- Concord, NH
- Founding
- 06/1972
- Data as of
- 12/2021
- EIN
- 23-7207522
Organization Overview
Special Olympics New Hampshire Inc is located in Concord, NH. The organization was established in 1972. 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 New Hampshire Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics New Hampshire 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 New Hampshire Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 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
TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES, GIVING THEM CONTINUING OPPORTUNITIES TO DEVELOP PHYSICAL FITNESS, DEMOSTRATE COURAGE, EXPERIENCE JOY, AND SHARING OF GIFTS, SKILLS, AND FRIENDSHIP WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES AND THE COMMUNITY. AN ESSENTIAL COMPONENT OF SPECIAL OLYMPICS NEW HAMPSHIRE IS OUR ABILITY TO PROCURE VALUE IN-KIND DONATIONS. WE HAVE MORE THAN 774 VOLUNTEERS HELPING THE ORGANIZATION FOR OVER 25,000 HOURS AND HAVE VARIOUS ORGANIZATIONS WHICH PROVIDE GOODS, SERVICES, EQUIPMENT AND FACILITIES AT NO OR REDUCED COST TO THE ORGANIZATION. THESE IN-KIND DONATIONS FOR 2021 AMOUNTED TO 608,761.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLETE TRAINING
PUBLIC EDUCATION
SUMMER, FALL, WINTER & OTHER SPECIAL OLYMPICS GAMES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Conroy President | Officer | 45 | $139,095 |
Kelly Gelinas Chair Develo | OfficerTrustee | 2 | $0 |
Eric Tinker Chairperson | OfficerTrustee | 2 | $0 |
Ken Viscarello Treasurer | Officer | 2 | $0 |
Amanda Covino Board Of Dir | Trustee | 2 | $0 |
Mike Dennehy Board Of Dir | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $200,922 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,060,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,261,657 |
| Total Program Service Revenue | $0 |
| Investment income | $49,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $465,467 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,776,197 |
| 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. | $353,474 |
| Compensation of current officers, directors, key employees. | $77,765 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $508,793 |
| 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 | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,655 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,682 |
| Interest | $422 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,254 |
| Insurance | $0 |
| All other expenses | $114,524 |
| Total functional expenses | $1,547,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $562,738 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $19,525 |
| Accounts receivable, net | $263,996 |
| 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 | $58,667 |
| Net Land, buildings, and equipment | $154,973 |
| Investments—publicly traded securities | $1,760,665 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,610 |
| Total assets | $2,850,174 |
| Accounts payable and accrued expenses | $353,752 |
| Grants payable | $0 |
| Deferred revenue | $79,738 |
| 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 | $45,952 |
| Other liabilities | $0 |
| Total liabilities | $479,442 |
| Net assets without donor restrictions | $2,370,732 |
| 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 | $2,850,174 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Special Olympics New Hampshire Inc has recieved totaling $1,025.
| Awarding Organization | Amount |
|---|---|
Anne & Mike Ambrogi Family Foundation North Hampton, NH PURPOSE: PROGRAM SUPPORT | $1,000 |
The Andover Companies Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $25 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Olympics Massachusetts Inc Marlborough, MA | $19,308,984 | $5,082,720 |
Special Olympics New Hampshire Inc Concord, NH | $2,850,174 | $1,776,197 |
Special Olympics Vermont South Burlington, VT | $1,935,782 | $1,179,354 |
Maine Special Olympics South Portland, ME | $7,827,153 | $1,400,040 |
Boston Bruins Alumni Association Boston, MA | $275,223 | $250,244 |
Adaptive Sports New England Inc Boston, MA | $156,011 | $0 |
Kisoro Childrens Foundation Inc Cambridge, MA | $159,699 | $0 |
Great Blizzards Of Massachusetts Plymouth, MA | $27,537 | $0 |
Aaron Zenus Foundation Hopedale, MA | $100,803 | $0 |