Michigan Senior Olympics Inc
- Assets
- $61.6k
- Revenue
- $177.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Rochester, MI
- Founding
- 01/1994
- Data as of
- 12/2021
- EIN
- 38-2928035
Organization Overview
Michigan Senior Olympics Inc is located in Rochester, MI. The organization was established in 1994. According to its NTEE Classification (N71) the organization is classified as: Olympics, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Michigan Senior Olympics Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Senior 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, Michigan Senior Olympics Inc generated $177.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $168.4k during the year ending 12/2021. 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
THE ORGANIZATION PROMOTES HEALTH AND FITNESS TO THE SENIOR CITIZENS OF THE STATE OF MICHIGAN THROUGH SPORTING EVENTS AND CLINICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROMOTES HEALTH AND FITNESS TO SENIORS BY HOLDING SUMMER AND WINTER GAMES AS WELL AS HEALTH AND SPORTS CLINICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Ridky Executive Director | Officer | 40 | $73,090 |
Porferia Mellado Chairperson | OfficerTrustee | 0.25 | $0 |
Clayton Summers Vice Chair | OfficerTrustee | 0.25 | $0 |
Eric Engelbarts II Treasurer | OfficerTrustee | 1 | $0 |
Sharon Hunt Secretary | OfficerTrustee | 0.25 | $0 |
Robert Van Camp Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,864 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,006 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,570 |
| Total Program Service Revenue | $109,781 |
| 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 | $3,556 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,907 |
| 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. | $73,090 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $13,577 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,175 |
| Payroll taxes | $7,592 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| 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 | $749 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $382 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $359 |
| All other expenses | $3,207 |
| Total functional expenses | $168,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,591 |
| 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 | $61,591 |
| 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 | $61,591 |
| 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 | $61,591 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Michigan Senior Olympics Inc has recieved totaling $117.
| Awarding Organization | Amount |
|---|---|
Bryan Christian Services Inc Lake Orion, MI PURPOSE: OPERATIONS | $90 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Driving Society Inc Cross Plains, WI | $1,391,467 | $295,585 |
Columbus Curling Club Inc Columbus, OH | $550,772 | $308,031 |
Michigan Senior Olympics Inc Rochester, MI | $61,591 | $177,907 |
Warren Olympic Club Inc Warren, OH | $111,221 | $0 |
International Center For Excellence In Skating Troy, MI | $111,836 | $178,795 |
Wisconsin Senior Olympics Incorporated Wauwatosa, WI | $110,823 | $0 |
Slovak Gymnastic Union Sokol Of The Usa National Headquarters Whiting, IN | $84,677 | $0 |
Circle City Curling Club Inc Anderson, IN | $443,990 | $216,327 |