Special Olympics Michigan Inc
- Assets
- $23.7m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 53
- Location
- Mount Pleasant, MI
- Founding
- 09/1972
- Data as of
- 12/2021
- EIN
- 38-1964643
Organization Overview
Special Olympics Michigan Inc is located in Mount Pleasant, MI. 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 Michigan Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics Michigan 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 Michigan Inc generated $10.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $5.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SPECIAL OLYMPICS MOVEMENT USES SPORT AS A VEHICLE FOR ACCEPTANCE, RESPECT, INCLUSION, DIGNITY, AND JOY. WE PROVIDE YEAR-ROUND SPORTS TRAINING AND COMPETITION FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES.
Describe the Organization's Program Activity:
SPECIAL OLYMPICS MICHIGAN PROVIDES YEAR-ROUND PROGRAMS FOR OVER 21,424 CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES AND UNIFIED PARTNERS ATHLETES WITHOUT INTELLECTUAL DISABILITIES. THROUGH SPORT, ATHLETES EXPERIENCE INCLUSION, UNITY, DIGNITY, RESPECT, JOY AND FRIENDSHIP. THEY DEVELOP PHYSICALLY AND SOCIALLY GAIN CONFIDENCE, AND BUILD A POSITIVE SELF-IMAGE WHICH CARRIES OVER INTO THE HOME, CLASSROOM, JOB AND COMMUNITY. YOUNG ATHLETES PROGRAMS FOR 2 TO 7 YEAR-OLDS ARE OFFERED TO INTRODUCE CHILDREN AND THEIR FAMILIES TO THE WORLD OF SPORTS. THERE ARE 1,950 CHILDREN PARTICIPATING IN YOUNG ATHLETE PROGRAMS THROUGHOUT THE STATE. THE SOMI PROGRAM RELIES ON CONTRIBUTIONS OF TIME, MATERIALS AND FUNDS FROM DONORS AND VOLUNTEERS.
HEALTHY ATHLETES PROGRAMS PROVIDE FREE HEALTH SCREENINGS TO ATHLETES. OVER 300 ATHLETES PARTICIPATED IN HEALTH SCREENINGS FOR VISION, DENTAL, PHYSICALS, FEET, HEARING, AND HEALTH PROMOTIONS. HEALTHY ATHLETES SCREENINGS ARE HELD AT STATE EVENTS FOR VISION, HEARING, DENTAL, FOOT CARE, PHYSICAL THERAPY, AND HEALTH PHYSICALS AT NO COST TO ATHLETES OR THEIR FAMILIES. THESE SCREENINGS EDUCATE ATHLETES ON HEALTHY LIFESTYLE CHOICES AND IDENTIFY PROBLEMS THAT MAY NEED ADDITIONAL FOLLOW-UP. ADDITIONALLY, OVER 266 ATHLETES PARTICIPATED IN OUR SOMIFIT PROGRAM PROVIDING 10 WEEKS OF FITNESS ACTIVITIES MIXED WITH EDUCATIONAL MATERIAL ON HEALTH AND WELLNESS IN PERSON AND 189 VIRTUAL PARTICIPANTS.
UNIFIED CHAMPION SCHOOLS BRING TOGETHER STUDENTS WITH AND WITHOUT INTELLECTUAL DISABILITIES THROUGH EDUCATION, SPORTS AND YOUTH LEADERSHIP TO PROVIDE THEM WITH THE KNOWLEDGE, ATTITUDES AND SKILL NECESSARY TO CREATE AND SUSTAIN SCHOOL COMMUNITIES THAT PROMOTE ACCEPTANCE, RESPECT AND HUMAN DIGNITY. THERE ARE CURRENTLY 342 SOMI UNIFIED CHAMPION SCHOOLS IN THE STATE OF MICHIGAN, BACK UP THIS YEAR WITH SCHOOLS RETURNING TO MORE REGULAR PROGRAMMING DURING THE PANDEMIC. SOMI CONTINUED TO OFFER VIRTUAL PROGRAMS IN SPORTS, FITNESS, SOCIAL MEDIA CAMPAIGNS, VIRTUAL LEARNING RESOURCES AND AT HOME EQUIPMENT TO KEEP SCHOOLS INVOLVED. SCHOOLS WERE ABLE TO RETURN TO IN-PERSON ACTIVITIES AND INTERSCHOLASTIC COMPETITION. UNIFIED SPORTS PROVIDE YOUTH THE OPPORTUNITY TO TRAIN AND PLAY TOGETHER AS TEAMMATES. STUDENTS DEVELOP FITNESS AND ATHLETIC SKILLS WHILE FORMING FRIENDSHIPS, FOSTERING RESPECT FOR EACH OTHER, AND BECOMING LEADERS ON AND OFF THE COURT. SOMI OFFERS UNIFIED OPPORTUNITIES IN NEARLY ALL SOMI SPORTS OFFERED INVOLVING A COMBINATION OF MORE THAN 17,000 UNIFIED PARTNERS AND SOMI ATHLETES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Hileman President CEO | Officer | 50 | $184,541 |
Roger Yob Chief Financial Officer | Officer | 40 | $98,722 |
Michelle Acciavatti Chair | OfficerTrustee | 3 | $0 |
Todd Ruthruff Treasurer | OfficerTrustee | 3 | $0 |
Kevin Voigt Vice Chair | OfficerTrustee | 3 | $0 |
Christopher Axer Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,276,583 |
| Membership dues | $0 |
| Fundraising events | $1,516,610 |
| Related organizations | $0 |
| Government grants | $2,241,998 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,373,144 |
| Noncash contributions included in lines 1a–1f | $12,464 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,408,335 |
| Total Program Service Revenue | $825 |
| Investment income | $207,298 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$43,636 |
| Net Gain/Loss on Asset Sales | $162,725 |
| Net Income from Fundraising Events | $239,003 |
| Net Income from Gaming Activities | $59,455 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,034,005 |
| 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. | $283,263 |
| Compensation of current officers, directors, key employees. | $77,984 |
| Compensation to disqualified persons | $2,371,329 |
| 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 | $15,590 |
| Fees for services: Lobbying | $30,055 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,303 |
| Office expenses | $98,816 |
| Information technology | $91,165 |
| Royalties | $0 |
| Occupancy | $226,408 |
| Travel | $181,911 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,500 |
| Interest | $63,979 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $97,368 |
| Insurance | $120,243 |
| All other expenses | $33,508 |
| Total functional expenses | $5,231,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,545 |
| Savings and temporary cash investments | $5,021,307 |
| Pledges and grants receivable | $1,889,068 |
| Accounts receivable, net | $346,863 |
| 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 | $4,011,859 |
| Investments—publicly traded securities | $12,453,127 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,738,769 |
| Accounts payable and accrued expenses | $485,166 |
| 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 | $703,209 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,188,375 |
| Net assets without donor restrictions | $17,218,459 |
| Net assets with donor restrictions | $5,331,935 |
| 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 | $23,738,769 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Special Olympics Michigan Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Frank N Andersen Foundation Bridgeport, MI PURPOSE: RUN BASKETBALL COMPETITION | $3,000 |
Endowment Analysis
| Beg. Balance | $3,049,495 |
| Earnings | $387,427 |
| Net Contributions | $50,150 |
| Ending Balance | $3,487,072 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Olympics Michigan Inc Mount Pleasant, MI | $23,738,769 | $10,034,005 |
Special Olympics Wisconsin Inc Madison, WI | $8,613,408 | $4,761,500 |
Special Olympics Ohio Inc Columbus, OH | $10,315,553 | $4,556,418 |
Indiana Special Olympics Inc Indianapolis, IN | $12,294,417 | $4,728,854 |
Adaptive Sports Program Of Ohio Wooster, OH | $418,103 | $705,586 |
Thv Inc Milford, MI | $163,671 | $58,689 |
South Lyon Special Stars Inc New Hudson, MI | $18,730 | $0 |
Michigan Sports Unlimited Inc Essexville, MI | $139,091 | $0 |
Michigan Disability Sports Alliance Grand Rapids, MI | $123,645 | $0 |