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 12/2021, Special Olympics Virginia Inc employed 44 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 12/2021, Special Olympics Virginia Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. 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 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. OUR PROGRAM, HOWEVER, IS ABOUT MORE THAN JUST SPORTS. SPECIAL OLYMPICS VIRGINIA'S YEAR ROUND PROGRAMS IN HEALTH, EDUCATION AND COMMUNITY BUILDING ADDRESS INACTIVITY, INJUSTICE, INTOLERANCE AND SOCIAL ISOLATION BY ENCOURAGING AND EMPOWERING PEOPLE OF ALL ABILITIES.

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.


FALL CHAMPIONSHIPS, ONE OF OUR LARGEST STATEWIDE COMPETITIONS, PROVIDES 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, WHO ARE 2 TIMES MORE LIKELY TO BE OBESE, 2 TIMES MORE LIKELY TO HAVE CARDIOVASCULAR DISEASE, 2-4 TIMES MORE LIKELY TO BE LESS PHYSICALLY ACTIVE, 5 TIMES MORE LIKEY TO HAVE DIABETES AND DIE ON AVERAGE 20 YEARS SOONER THAN THEIR PEERS WITHOUT DISABILITIES. HELD IN NOVEMBER 2021 IN VIRGINIA BEACH, FALL CHAMPIONSHIPS WAS THE FIRST STATE-LEVEL EVENT SINCE MARCH 2020, WHEN PROGRAMMING PAUSED BECAUSE OF THE PANDEMIC. MORE THAN 500 ATHLETES PARTICIPATED IN 6 SPORTS: BOWLING, GOLF, BOCCE, SOCCER, VOLLEYBALL, AND ROLLER SKATING. FOR THE FIRST TIME, WE UTILIZED THE VIRGINIA BEACH SPORTS CENTER FOR BOTH BOCCE COMPETITION AND OUR OPENING CEREMONY, WHICH FEATURED THE LIGHTING OF THE CAULDRON WITH THE HELP OF LOCAL LAW ENFORCEMENT OFFICERS. ADDITIONALLY, APPROXIMATELY 350 VOLUNTEERS FROM THE AREA HELPED MAKE COMPETITION POSSIBLE.


SPECIAL OLYMPICS UNIFIED CHAMPION SCHOOLS (UCS) INITIATIVES 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 392 ENGAGED SCHOOLS IN 45 JURISDICTIONS, AND 12,970 YOUTH INVOLVED IN UNIFIED SPORTS PROGRAMMING.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $188,950
All other contributions, gifts, grants, and similar amounts not included above$3,633,259
Noncash contributions included in lines 1a–1f $24,845
Total Revenue from Contributions, Gifts, Grants & Similar$3,822,209
Total Program Service Revenue$0
Investment income $195,994
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $362,778
Net Income from Fundraising Events $1,118,298
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,499,279

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Special Olympics Virginia Inc has recieved totaling $15,200.

Awarding OrganizationAmount
Owens & Minor Foundation

Mechanicsville, VA

PURPOSE: WE PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILTIES. THIS GIVES 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 OLYMPIC ATHLETES AND THE COMMUNITY.

$15,000
K P & Phoebe Tsolainos Foundation Inc

Potomac, MD

PURPOSE: GENERAL PURPOSES

$200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,575,572
Earnings$223,408
Net Contributions$42,400
Other Expense$70,607
Ending Balance$1,770,773

Create an account to unlock the data you need.

or