SOMO ENDOWMENT FUND INC

EIN: 201295769 501(c)(3) Recreation & Sports

JEFFERSON CITY, MO

Total Revenue
$118,170
Total Expenses
$5,470
Total Assets
$467,736
Net Assets
$466,736
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MO
Principal Officer
LARRY LINTHACUM
Phone
5736351660
Tax Period
2023-01-01 to 2023-12-31

SOMO ENDOWMENT FUND INC, founded in 2005, is a small nonprofit in the Recreation & Sports sector that reported $118K in total revenue in fiscal year 2023. The organization ran a surplus of $113K, a strong 95% operating margin.

Mission

SOMO ENDOWMENT FUND, INC. (THE FOUNDATION) WAS FORMED BY SPECIAL OLYMPICS MISSOURI, INC. TO ACT EXCLUSIVELY AS A SUPPORTING ORGANIZATION TO SPECIAL OLYMPICS MISSOURI, INC.

Program Service Accomplishments

Program 1
Expenses: $1,000 Revenue: $0

THE FUNCTION OF THE FOUNDATION IS TO RAISE FUNDS ON BEHALF OF SPECIAL OLYMPICS MISSOURI, INC., IN ORDER TO ALLOW THEM TO MEET THEIR SHORT TERM GOALS OF PROVIDING SPORTS TRAINING AND ATHLETIC...

Read more

THE FUNCTION OF THE FOUNDATION IS TO RAISE FUNDS ON BEHALF OF SPECIAL OLYMPICS MISSOURI, INC., IN ORDER TO ALLOW THEM TO MEET THEIR SHORT TERM GOALS OF PROVIDING SPORTS TRAINING AND ATHLETIC COMPETITION SERVICES TO ITS ATHLETES, LOCATED THROUGHOUT THE STATE, AND THEIR LONG TERM GOALS OF ESTABLISHING A VIABLE FOUNDATION TO PROVIDE SUPPORT TO SOMO AND ITS ATHLETES IN THE YEARS TO COME. TO THIS END, SOMO HAS SUBSTANTIALLY INCREASED ITS CAPACITY TO SERVE INDIVIDUALS THROUGH A STATE-OF-THE-ART TRAINING FOR LIFE CAMPUS (TLC). THE 34,000 SQUARE-FOOT FACILITY, ON 16.5 ACRES IN JEFFERSON CITY, IS CENTRALLY LOCATED FOR THE 15,660 SOMO ATHLETES (INCLUDING ATHLETES, UNIFIED PARTNERS, YOUNG ATHLETES, UCS ATHLETES AND UCS UNIFIED PARTNERS) AND MANY MORE WHO ARE NOT YET PARTICIPATING IN THE PROGRAM. THE CAMPUS OPENED IN AUGUST 2018 AND INCLUDES INDOOR FACILITIES AND AN OUTDOOR TRAINING FIELD AND TRAIL. THE REMAINING NINE ACRES WILL INCLUDE SOFTBALL, BOCCE, AND TENNIS COURTS AS WELL AS A LETR PLAZA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $117,733
Program Service Revenue $0
Investment Income $437
Other Revenue $0
TOTAL REVENUE $118,170

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $0
Fundraising Expenses $1,870
Program Expenses $1,000
Other Expenses $4,470
TOTAL EXPENSES $5,470

Year-over-Year Comparison

2023 2022 Change
Revenue $118,170 $109,950 +0.1%
Expenses $5,470 $45,487 -0.9%
Net Income $112,700 $64,463 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$198,488
Total Directors
6
$139,601
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN NEUNER BOARD MEMBER - STAFF LIASON 3.00
Director
$0 $7,888 $139,601
JENNA KERWOOD CHAIR 3.00
Officer Director
$0 $0 $0
BRIANA HAINES CO CHAIR 3.00
Officer Director
$0 $0 $0
DR LARRY EWING BOARD MEMBER 3.00
Director
$0 $0 $0
BRAD GRILL BOARD MEMBER - IMM. PAST CHAIR 4.00
Director
$0 $0 $0
GLENDA KNEBEL BOARD MEMBER 3.00
Director
$0 $0 $0
LARRY LINTHACUM PRESIDENT/CEO 3.00
Officer
$0 $15,297 $198,488
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $118,170 $5,470 $467,736 $112,700
2022 $109,950 $45,487 $355,036 $64,463
2021 $32,511 $159,139 $289,573 $-126,628
2020 $110,505 $463,415 $484,468 $-352,910
2019 $261,347 $546,063 $858,814 $-284,716
2018 $745,929 $3,656,189 $1,055,233 $-2,910,260
Explore More Nonprofits
Top 100 Nonprofits in Missouri Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOMO ENDOWMENT FUND INC with other nonprofits in Missouri and across the country.