Delaware Senior Olympics Inc
- Assets
- $123.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, DE
- Founding
- 02/1992
- Data as of
- 12/2023
- EIN
- 51-0336946
Organization Overview
Delaware Senior Olympics Inc is located in Dover, DE. The organization was established in 1992. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware 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 12/2023, Delaware Senior Olympics Inc generated $82.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $98.9k during the year ending 12/2023. While expenses have increased by 1.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTES FITNESS, HEALTH, FELLOWSHIP AND EXCELLENCE IN ATHLETIC PERFORMANCE AND LIFESTYLE OF SENIOR ADULTS. IN EXCESS OF 1,000 PERSONS BENEFITED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Gatti President | 1 | $0 | |
Robyn Kirby Vice Preside | 1 | $0 | |
Joe Salvato Treasurer | 1 | $0 | |
Anita Angeny Secretary | 1 | $0 | |
Susan Brooker Director | 1 | $0 | |
Charles Donovan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,258 |
| Total Program Service Revenue | $12,288 |
| Membership dues | $24,240 |
| Investment income | $3,046 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,120 |
| Total Revenue | $81,952 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,556 |
| Professional fees and other payments to independent contractors | $4,550 |
| Occupancy, rent, utilities, and maintenance | $8,276 |
| Printing, publications, postage, and shipping | $1,436 |
| Other expenses | $28,090 |
| Total expenses | $98,908 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,570 |
| Other assets | $0 |
| Total assets | $123,471 |
| Total liabilities | $4,353 |
| Net assets or fund balances | $119,118 |