Special Olympics Louisiana Inc

Organization Overview

Special Olympics Louisiana Inc is located in Covington, LA. The organization was established in 1973. 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 Louisiana Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics Louisiana 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 Louisiana Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. 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

THE MISSION OF SPECIAL OLYMPICS IS TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR ALL 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

SPORTS, COMPETITION AND TRAINING- THE ORGANIZATION TRAINS VOLUNTEER COACHES IN WORKING WITH SPECIAL NEEDS INDIVIDUALS AND IN SPORT SPECIFIC TRAINING INSTRUCTIONS. ATHLETES PARTICIPATE IN A NUMBER OF THE COMPETITIONS HELD ANNUALLY AT THE LOCAL, PARISH, AREA AND STATE LEVEL, OFFERING COMPETITIVE EVENTS IN MORE THAN 30 SPORTS. EVERY OTHER YEAR, ATHLETES CAN QUALIFY TO COMPETE IN EITHER THE SUMMER WORLD GAMES OR WINTER WORLD GAMES, GIVING THEM FURTHER OPPORTUNITIES TO GROW AND MEET NEW PEOPLE FROM OTHER COUNTRIES AND CULTURES. VARIOUS PROGRAMS INCLUDING GOT SOLA?,PROJECT UNIFY, HEALTHY ATHLETES AND THE YOUNG ATHLETES PROGRAM PROMOTE THE HEALTH AND WELL-BEING OF ATHLETES INCLUDING INTERVENTION OF EARLY CHILDHOOD SPORTS DEVELOPMENT.


COMMUNICATIONS & MARKETING- THE ORGANIZATION HAS A GOAL OF TRANSPARENCY AND KEEPING THE PUBLIC INFORMED OF THE SERVICES PROVIDED TO LOUISIANA CITIZENS WITH INTELLECTUAL DISABILITIES. AWARENESS BRINGS ADDITIONAL OPPORTUNITIES TO REACH THE OTHER 130,000 CITIZENS WHO QUALIFY TO PARTICIPATE BUT ARE NOT YET BEING SERVED. THE PUBLIC AWARENESS, IS ACCOMPLISHED THROUGH MULTIPLE NEWSLETTERS, EMAILS, DIRECT CONTACT OF HOMES AND BUSINESSES, ANNUAL REPORTS, AND MEDIA CAMPAIGNS.


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Board, Officers & Key Employees

Name (title)Compensation
John Guzzardo
President/ce
$165,052
Brandon Mcnabb
Treasurer
$0
Payton Lambert
Chair
$0
Claris Smith
Vice Chair
$0
Craig Blackburn
Director
$0
Paul Tanguis CPA Cgma CVA
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $384,839
All other contributions, gifts, grants, and similar amounts not included above$1,062,920
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,447,759
Total Program Service Revenue$0
Investment income $39,835
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $239,535
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,726,996

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Special Olympics Louisiana Inc has recieved totaling $745,418.

Awarding OrganizationAmount
Special Olympics Inc

Washington, DC

PURPOSE: PROGRAM ASSISTANCE

$715,231
United Way Of Southeast Louisiana

New Orleans, LA

PURPOSE: GRANT FUNDING & DESIGNATED GIFTS

$25,087
Northshore Community Foundation

Covington, LA

PURPOSE: GENERAL SUPPORT

$5,100
United Way Of St Charles

Boutte, LA

PURPOSE: 19350

$0
View Grant Recipient Profile

Endowment Analysis

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