Special Olympics New Mexico Inc

Organization Overview

Special Olympics New Mexico Inc is located in Albuquerque, NM. The organization was established in 1980. 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 New Mexico Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Special Olympics New Mexico 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 New Mexico Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) 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

SPECIAL OLYMPICS NEW MEXICO PROVIDES YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH MENTAL CHALLENGES (INTELLECTUAL DISABILITIES).

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRAINING AND COMPETITION - THE SERVICES PROVIDED BY SPECIAL OLYMPICS NEW MEXICO (SONM) IS THAT OF OFFERING 3700 CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES THE OPPORTUNITY TO TRAIN AND COMPETE YEAR-ROUND IN 12 SPORTS AT THE AREA AND STATE LEVEL. DUE TO COVID 19, SPECIAL OLYMPICS WAS ONLY ABLE TO OFFER TWO FACE-TO-FACE COMPETITIONS, AS WELL AS VIRTUAL PROGRAMMING INCLUDING FITNESS CHALLENGES, SOCIAL ENGAGEMENT ACTIVITIES, AND WELLNESS PROGRAMS. 1,699 SPECIAL OLYMPICS ATHLETES PARTICIPATED, AS WELL AS 93 CERTIFIED COACHES. SONM WAS ABLE TO OFFER UNIFIED SPORTS OPPORTUNITIES IN THE SCHOOLS TO OVER 600 STUDENTS THROUGHOUT NEW MEXICO.


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

Board, Officers & Key Employees

Name (title)Compensation
Randy Mascorella
Executive Di
$112,117
Dacia Card
Treasurer
$0
Ryan Danoff
2nd Vice Cha
$0
Warren Ellis
1st Vice Cha
$0
Dub Girand
Chairman
$0
Kari Graeber
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$153,395
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $803,078
All other contributions, gifts, grants, and similar amounts not included above$838,823
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,795,296
Total Program Service Revenue$26,763
Investment income $10,923
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $87,953
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $715
Miscellaneous Revenue$0
Total Revenue $1,921,650

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Special Olympics New Mexico Inc has recieved totaling $437,464.

Awarding OrganizationAmount
Special Olympics Inc

Washington, DC

PURPOSE: PROGRAM ASSISTANCE

$351,454
Westmeath Foundation

Wilmington, DE

PURPOSE: SPECIAL OLYMPICS AREA 1

$25,000
Delta Dental Plan Of New Mexico Inc

Albuquerque, NM

PURPOSE: CHARITABLE DONATION

$25,000
Albuquerque Community Foundation

Albuquerque, NM

PURPOSE: ACF SPORTS/RECREATION

$16,407
Cherry Picker Foundation

Albuquerque, NM

PURPOSE: TO HELP INDIVIDUALS WITH INTELLECTUAL DISABILITIES.

$6,000
Daniels Fund

Denver, CO

PURPOSE: IN MEMORY OF LETICIA ""LETTIE"" MARTINEZ

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$675,199
Earnings$181
Ending Balance$675,380

Create an account to unlock the data you need.

or