Special Olympics Virginia Inc

Organization Overview

Special Olympics Virginia Inc is located in Richmond, VA. The organization was established in 1983. 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 12/2023, Special Olympics Virginia Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics Virginia 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, Special Olympics Virginia Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $6.0m during the year ending 12/2023. While expenses have increased by 2.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SPECIAL OLYMPICS PROVIDES 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, DEMONSTRATE COURAGE, EXPERIENCE JOY AND PARTICIPATE IN A SHARING OF GIFTS, SKILLS, AND FRIENDSHIP WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES AND THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AREA PROGRAMS: SPECIAL OLYMPICS VIRGINIA HAS SUB-DIVIDED THE STATE INTO 32 GEOGRAPHIC AREA PROGRAMS IN ORDER TO REACH AS MANY PEOPLE WITH INTELLECTUAL DISABILITIES AS POSSIBLE. THESE PROGRAMS GENERALLY CONTAIN SEVERAL CITIES AND COUNTIES. THE VOLUNTEERS IN THESE AREAS RAISE FUNDS FOR THEIR AREA, DECIDE WHAT ACTIVITIES TO OFFER IN THEIR AREA, AND GENERALLY ARE THE GRASSROOTS PROVIDER OF SOVA SERVICES. THESE EVENTS PROVIDE AN OPPORTUNITY FOR ATHLETES TO DISPLAY THEIR CAPABILITIES AND INSPIRE PEOPLE IN THEIR COMMUNITIES AND ELSEWHERE TO OPEN THEIR HEARTS TO A WIDER WORLD OF HUMAN TALENTS AND POTENTIAL. IN ADDITION, REGULAR PHYSICAL ACTIVITY LEADS TO BETTER HEALTH, WHICH IS VERY IMPORTANT TO PEOPLE WITH INTELLECTUAL DISABILITIES.


ALL OTHER PROGRAM SERVICES


SPECIAL OLYMPICS UNIFIED CHAMPION SCHOOLS (UCS) PROGRAM USE SPORTS TO DEVELOP SCHOOL COMMUNITIES WHERE YOUTH ARE AGENTS OF CHANGE, FOSTERING RESPECT, DIGNITY AND ADVOCACY FOR PEOPLE WITH DISABILITIES. IN COLLABORATION WITH SCHOOL SYSTEMS ACROSS VIRGINIA, THE VIRGINIA HIGH SCHOOL LEAGUE AND THE VIRGINIA DEPARTMENT OF EDUCATION, OUR GOAL IS TO INSPIRE THE FIRST UNIFIED GENERATION. UCS IS AIMED AT PROMOTING SOCIAL INCLUSION THROUGH INTENTIONALLY PLANNED AND IMPLEMENTED ACTIVITIES AFFECTING SYSTEMS-WIDE CHANGE. WITH SPORTS AS THE FOUNDATION, THE THREE COMPONENT MODEL - INCLUSIVE SPORTS, INCLUSIVE YOUTH LEADERSHIP OPPORTUNITIES, AND WHOLE SCHOOL ENGAGEMENT - OFFERS A UNIQUE COMBINATION OF EFFECTIVE ACTIVITIES THAT EQUIP YOUNG PEOPLE WITH TOOLS AND TRAINING TO CREATE SPORTS, CLASSROOM AND SCHOOL CLIMATES OF ACCEPTANCE. THESE ARE SCHOOL CLIMATES WHERE STUDENTS WITH DISABILITIES FEEL WELCOME AND ARE ROUTINELY INCLUDED IN, AND FEEL A PART OF, ALL ACTIVITIES, OPPORTUNITIES AND FUNCTIONS. IN VIRGINIA, WE HAVE 555 ENGAGED SCHOOLS IN 59 JURISDICTIONS, AND 17,500 YOUTH INVOLVED IN UNIFIED SPORTS PROGRAMMING.


SUMMER GAMES: OUR LARGEST STATEWIDE COMPETITION IS NOTHING SHORT OF LEGENDARY THANKS TO THE OVERWHELMING SUPPORT OF 1,500 LOCAL VOLUNTEERS WHO BRAVED THE SUMMER HEAT TO ASSIST 1,004 SPECIAL OLYMPICS VIRGINIA ATHLETES AND UNIFIED PARTNERS IN RICHMOND, VA IN JUNE 2023. ATHLETES CAME FROM ALL CORNERS OF THE STATE TO COMPETE IN SWIMMING, SOFTBALL, TRACK & FIELD, BOWLING, AND TENNIS. THIS EVENT ALSO FEATURES OUR ANNUAL HEALTHY ATHLETES EXPO, WHERE ATHLETES CAN RECEIVE FREE VISION, HEARING, DENTAL, AND FITNESS SCREENINGS AND TREATMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Officer - President & CEO
$163,215
Name Not Listed
Officer - Chair
$0
Name Not Listed
Officer - Vice Chair
$0
Name Not Listed
Officer - Vice Chair
$0
Name Not Listed
Officer - Vice Chair
$0
Name Not Listed
Officer - Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $40,363
All other contributions, gifts, grants, and similar amounts not included above$4,321,238
Noncash contributions included in lines 1a–1f $20,761
Total Revenue from Contributions, Gifts, Grants & Similar$4,361,601
Total Program Service Revenue$0
Investment income $288,870
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$54,260
Net Income from Fundraising Events $1,811,952
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,408,163

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