Special Olympics North Carolina Inc is located in Morrisville, NC. 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 North Carolina Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics North Carolina 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 North Carolina Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $3.0m 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
SPECIAL OLYMPICS AIMS TO COMBINE HIGH QUALITY SPORTS WITH A WIDE AUDIENCE, AND BE A DRIVING FORCE FOR SOCIAL INCLUSION OF PEOPLE WITH INTELLECTUAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 2021 YEAR WAS STILL IMPACTED BY THE PANDEMIC BUT WE DID BEGIN TO SEE SOME IN-PERSON ACTIVITY RETURN DURING THE YEAR. THE VIRTUAL SERIES OF FITNESS AND WELLNESS WEBINARS LED BY PROFESSIONALS CONTINUED DURING 2021 AND WAS VERY POPULAR AMONG THE SPECIAL OLYMPICS UNIFIED CHAMPION SCHOOLS. WE ALSO CONTINUED WITH ONLINE SPORTS TRAINING SESSIONS FOR PARTICIPANTS TO TAKE PART AS WELL AS OTHER IN-HOME TRAINING MATERIALS FOR ATHLETES WITH AND WITHOUT ACCESS TO ONLINE TECHNOLOGY. MOST IN-PERSON ACTIVITY WAS THROUGH OUTDOOR SPORTS HELD AS ONE-DAY-ONLY EVENTS. THE EMPHASIS THROUGH IN-PERSON ACTIVITY WAS LESS ON COMPETITION AND MORE ON TRAINING AND BASIC SPORT SKILL DEVELOPMENT. IN A NON-PANDEMIC YEAR, SONC WOULD USUALLY PROVIDE OVER 400 SPECIAL OLYMPICS COMPETITION EVENTS AT LOCAL, AREA, AND STATE LEVELS AND HAVE DELEGATIONS FROM NC PARTICIPATING IN REGIONAL OR NATIONAL COMPETITION EVENTS. COMPETITION SERVES AS A REWARD FOR TRAINING AND HARD WORK, AND ITS LARGE SCALE NATURE IS AN IMPORTANT VEHICLE FOR PUBLIC AWARENESS OF SPECIAL OLYMPICS, WITH VOLUNTEERS, PEERS, CLASSMATES, FAMILY MEMBERS, SPONSORS, AND THE COMMUNITY AT LARGE BECOMING ENGAGED AND INVOLVED. RELATED COSTS INCLUDE TRANSPORTATION, HOUSING, MEALS, AWARDS, EVENT AND COMPETITION FACILITIES, SPORT AND EVENT EQUIPMENT, AND PUBLICATIONS.
SPECIAL OLYMPICS NORTH CAROLINA PROVIDES YEAR-ROUND SPECIAL OLYMPICS SPORTS TRAINING AND COMPETITION THROUGH COUNTY-BASED SUB-ACCREDITED LOCAL PROGRAMS. AT THE LOCAL LEVEL, SPECIAL OLYMPICS VOLUNTEERS REACH AND ENGAGE CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES; RECRUIT VOLUNTEERS, INCLUDING COACHES; AND IMPLEMENT EIGHT-WEEK TRAINING PROGRAMS IN 20 SPORTS. IN 2021, MORE THAN 10,000 PARTICIPANTS TOOK PART IN VIRTUAL AND AT-HOME ACTIVITIES DUE TO THE PANDEMIC. THESE VIRTUAL SESSIONS FOCUSED ON FITNESS AND WELLNESS PROGRAMS TO KEEP EVERYONE ENGAGED FROM A PHYSICAL FITNESS PERSPECTIVE. COSTS ASSOCIATED WITH THESE ACTIVITIES INCLUDED FITNESS ITEMS, T-SHIRTS, EDUCATIONAL PUBLICATIONS, AND SHIPPING/POSTAGE.
IN A TYPICAL YEAR, SPECIAL OLYMPICS RELIES ON THE ENERGY, EXPERTISE, AND COMMITMENT OF OVER 43,000 VOLUNTEERS EACH YEAR TO CARRY OUT YEAR-ROUND SPORTS TRAINING, COMPETITION, AND HEALTH/WELLNESS OPPORTUNITIES FOR NEARLY 40,000 REGISTERED ATHLETES. SPECIAL OLYMPICS RECRUITS VOLUNTEERS OF ALL AGES, BACKGROUNDS, AND AVAILABILITY TO SERVE ROLES THAT INCLUDE EVENT PLANNING, ATHLETE OUTREACH, COORDINATION OF LOGISTICS, SPORT DEVELOPMENT TEAM MEMBERS, RECRUITMENT OF OTHER VOLUNTEERS, UNIFIED CHAMPION SCHOOLS, HEALTH INITIATIVES, AND MUCH MORE. VOLUNTEER COACHES ARE ESSENTIAL TO PROVIDING QUALITY EXPERIENCES FOR PARTICIPATING ATHLETES, AND THROUGH THE SPECIAL OLYMPICS NORTH CAROLINA COACHES' CERTIFICATION PROCESS THESE VOLUNTEERS ARE TRAINED TO MEET THE UNIQUE NEEDS OF PEOPLE WITH INTELLECTUAL DISABILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith L Fishburne President/ceo | Officer | 40 | $149,827 |
Phil Gruber Jr Chair | OfficerTrustee | 1 | $0 |
Lewis Mclean Jr Vice Chair | OfficerTrustee | 1 | $0 |
Chiquana Dancy Secretary | OfficerTrustee | 1 | $0 |
Allen Oliver Treasurer | Trustee | 1 | $0 |
James Bullard Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $20,225 |
Membership dues | $0 |
Fundraising events | $461,000 |
Related organizations | $0 |
Government grants | $323,280 |
All other contributions, gifts, grants, and similar amounts not included above | $2,917,056 |
Noncash contributions included in lines 1a–1f | $48,663 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,721,561 |
Total Program Service Revenue | $0 |
Investment income | $313,544 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $767 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $275,584 |
Net Income from Fundraising Events | $887,096 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $2,745 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,201,297 |
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. | $161,792 |
Compensation of current officers, directors, key employees. | $16,179 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,086,936 |
Pension plan accruals and contributions | $32,786 |
Other employee benefits | $132,755 |
Payroll taxes | $108,702 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $65,200 |
Fees for services: Lobbying | $504 |
Fees for services: Fundraising | $45,600 |
Fees for services: Investment Management | $33,473 |
Fees for services: Other | $6,548 |
Advertising and promotion | $36,762 |
Office expenses | $314,537 |
Information technology | $29,302 |
Royalties | $0 |
Occupancy | $251,106 |
Travel | $12,532 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,256 |
Interest | $1,300 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $36,037 |
Insurance | $82,491 |
All other expenses | $21,516 |
Total functional expenses | $3,000,034 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,349,891 |
Savings and temporary cash investments | $31,413 |
Pledges and grants receivable | $103,379 |
Accounts receivable, net | $370,811 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $30,572 |
Prepaid expenses and deferred charges | $48,239 |
Net Land, buildings, and equipment | $75,034 |
Investments—publicly traded securities | $7,098,787 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $37,481 |
Total assets | $11,145,607 |
Accounts payable and accrued expenses | $154,216 |
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 | $12,470 |
Other liabilities | $146,675 |
Total liabilities | $313,361 |
Net assets without donor restrictions | $10,650,802 |
Net assets with donor restrictions | $181,444 |
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 | $11,145,607 |
Over the last fiscal year, we have identified 40 grants that Special Olympics North Carolina Inc has recieved totaling $1,760,998.
Awarding Organization | Amount |
---|---|
Special Olympics Inc Washington, DC PURPOSE: PROGRAM ASSISTANCE | $1,384,789 |
Credit Suisse Americas Foundation New York, NY PURPOSE: GENERAL OPERATING | $75,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $72,774 |
Wnc Bridge Foundation Asheville, NC PURPOSE: IMPACT GRANT | $35,000 |
United Way Of The Greater Triangle Inc Durham, NC PURPOSE: GENERAL SUPPORT | $34,205 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $26,250 |
Organization Name | Assets | Revenue |
---|---|---|
Special Olympics Virginia Inc Richmond, VA | $13,473,653 | $5,499,279 |
Special Olympics Georgia Inc Norcross, GA | $24,685,674 | $4,133,165 |
Special Olympics North Carolina Inc Morrisville, NC | $11,145,607 | $5,201,297 |
Special Olympics South Carolina Irmo, SC | $6,347,010 | $3,774,841 |
Special Olympics Tennessee Inc Nashville, TN | $6,325,051 | $2,335,647 |
Bridge Ii Sports Durham, NC | $872,732 | $731,888 |
Nashville Dolphins Nashville, TN | $598,745 | $480,669 |
Soar Special Recreation Of The Lowcountry Inc Hilton Head Island, SC | $224,808 | $0 |
Recing Crew North Augusta, SC | $339,719 | $330,193 |
Mcminnville Special Games Mcminnville, TN | $0 | $0 |
NOTUS SPORTS DBA Greenville Sports Council Greenville, SC | $12,120 | $0 |
Adaptive Expeditions Charleston, SC | $21,463 | $0 |