Special Olympics Vermont

Organization Overview

Special Olympics Vermont is located in South Burlington, VT. The organization was established in 1973. 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 Vermont employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics Vermont 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 Vermont generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $872.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) 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

SPECIAL OLYMPICS VERMONT (SOVT) CONTRIBUTES TO THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL DEVELOPMENT OF INDIVIDUALS WITH INTELLECTUAL DISABILITIES PRIMARILY THROUGH ATHLETIC TRAINING AND COMPETITIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ACCOMPLISH ITS MISSION, SPECIAL OLYMPICS VERMONT: CONTRIBUTES TO THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL DEVELOPMENT OF CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES. THROUGH SUCCESSFUL EXPERIENCES IN COMMUNITY ENGAGEMENT, PERSONAL WELLNESS, AND SPORTS, OUR ATHLETES GAIN CONFIDENCE AND BUILD POSITIVE SELF-IMAGES, WHICH FOLLOW THEM INTO THEIR HOMES, CLASSROOMS, JOBS AND COMMUNITIES. THROUGH THE WORK OF DEDICATED STAFF AND NEARLY 1,000 GENEROUS VOLUNTEERS ANNUALLY, SOVT CONDUCTS A VARIETY OF ACTIVITIES IN SUPPORT OF ITS MISSION. ** HOSTED YEAR-ROUND ATHLETIC, FITNESS, AND HOLISTIC HEALTH PROGRAMS AND EVENTS TO SUPPORT 26 COMMUNITY-BASED AND 78 SCHOOL-BASED ATHLETIC PROGRAMS, WHICH TRAIN ATHLETES AND UNIFIED PARTNERS. ** CELEBRATING SCHOOLS WHO MAY BE NAMED AN ESPN NATIONAL BANNER UNIFIED CHAMPION SCHOOL WHEN SELECTED BY SPECIAL OLYMPICS, INC. ** CONTINUED TO BUILD INCLUSIVE SCHOOL COMMUNITIES FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES THROUGH "UNIFIED CHAMPION SCHOOLS" PROGRAMS AND COLLABORATION WITH SPECIAL OLYMPICS INCORPORATED (SOI) AND THE U.S. DEPARTMENT OF EDUCATION. ** OFFERED INCLUSIVE PLAY-BASED PROGRAMS FOR "YOUNG ATHLETES" AGES 2-7, TO INTRODUCE YOUNG CHILDREN TO SPECIAL OLYMPICS AND TO ENHANCE PHYSICAL AND SOCIAL DEVELOPMENT. ** SUPPORTED ATHLETES AS BOARD AND COMMITTEE MEMBERS, SPOKESPEOPLE, AND ADVOCATES FOR THE SPECIAL OLYMPICS MOVEMENT. ** RECRUITED AND TRAINED VOLUNTEERS FOR PARTICIPATION IN PROGRAMMING AND FUNDRAISING EVENTS, INCLUDING OF COACHES AND HEALTH PROFESSIONALS. ** ORDINARILY, A MAJORITY OF SOVT'S PROGRAMS ARE CONDUCTED IN PERSON. HOWEVER, THE MAJORITY OF PROGRAM ACTIVITIES SHIFTED PRIMARILY TO A VIRTUAL FORMAT STARTING IN MARCH 2020 AND CONTINUING THROUGHOUT THE YEAR, AS A RESULT OF THE COVID-19 PANDEMIC. SOVT'S STAFF AND VOLUNTEERS INVESTED SIGNIFICANT TIME AND ENERGY INTO DEVELOPING A VARIETY OF CREATIVE, NEW VIRTUAL PROGRAMS, WHICH PRIMARILY CONSISTED OF PROVIDING TRAINING, EDUCATION, AND ENGAGEMENT ACTIVITIES IN SPORT, FITNESS, AND INCLUSIVE HEALTH, AND A HOST OF OTHER RESOURCES MADE AVAILABLE TO OVER 2,000 CHILDREN AND ADULT ATHLETES WITH INTELLECTUAL DISABILITIES. ADDITIONALLY, SIGNIFICANT TIME AND ENERGY WAS SPENT IN PLANNING FOR A RETURN TO IN-PERSON ACTIVITIES, ONCE SAFE TO DO SO. CAREFUL CONSIDERATION WAS GIVEN TO PROTECTING THE HEALTH AND WELLBEING OF ALL PARTICIPANTS (ATHLETES, VOLUNTEERS, STAFF, AND THEIR COLLECTIVE COMMUNITIES), INCLUDING CONSULTATION WITH PHYSICIANS, AND VARIOUS EXPERTS AT THE STATE OF VERMONT AS CIRCUMSTANCES CONTINUOUSLY EVOLVED.


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Board, Officers & Key Employees

Name (title)Compensation
Melissa Shea
President & CEO
$121,475
Jay Nunn
Chair
$0
Ashley Sandy
Secretary
$0
Amy Wood
Treasurer
$0
Dakota Brizendine
Vice Chair
$0
Dr Stephen Contompasis
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$1,799
Membership dues$0
Fundraising events$335,746
Related organizations$0
Government grants $303,048
All other contributions, gifts, grants, and similar amounts not included above$512,587
Noncash contributions included in lines 1a–1f $8,272
Total Revenue from Contributions, Gifts, Grants & Similar$1,153,180
Total Program Service Revenue$0
Investment income $2,665
Tax Exempt Bond Proceeds $0
Royalties $128
Net Rental Income $0
Net Gain/Loss on Asset Sales $15,866
Net Income from Fundraising Events $5,636
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,879
Miscellaneous Revenue$0
Total Revenue $1,179,354

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Special Olympics Vermont has recieved totaling $268,262.

Awarding OrganizationAmount
Special Olympics Inc

Washington, DC

PURPOSE: PROGRAM ASSISTANCE

$240,792
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$12,778
Community Bank N A Foundation Of New England Inc

Williston, VT

PURPOSE: OPERATIONS

$10,000
Ronald And Eva Kinney Family Foundation

Kalamazoo, MI

PURPOSE: OPERATING SUPPORT

$2,500
Carris Foundation Inc

Proctor, VT

PURPOSE: TO SUPPORT THE 2020 SPECIAL OLYPICS VERMONT WINTER GAMES AND THE PENGUIN PLUNGE

$1,000
Harvey & Ruth Gelfenbein Charitable

Louisville, KY

PURPOSE: GENERAL OPERATING FUNDS

$1,000
View Grant Recipient Profile

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