SPECIAL OLYMPICS MISSOURI INC

EIN: 237328374 501(c)(3)

JEFFERSON CITY, MO

Total Revenue
$6,674,597
Total Expenses
$4,977,868
Total Assets
$21,781,439
Net Assets
$21,402,232
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
MO
Principal Officer
LARRY LINTHACUM
Phone
5736351660
Tax Period
2023-01-01 to 2023-12-31

SPECIAL OLYMPICS MISSOURI INC, founded in 1971, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 25% operating margin.

Mission

THROUGH YEAR-ROUND SPORTS AND TRAINING, INDIVIDUALS WITH INTELLECTUAL DISABILITIES ARE GIVEN THE CHANCE TO GAIN CONFIDENCE, SEEK OPPORTUNITIES TO IMPROVE THEIR PHYSICAL FITNESS, DEMONSTRATE PRIDE, AND PARTICIPATE IN THEIR COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $3,999,272 Revenue: $30,586

SPECIAL OLYMPICS MISSOURI (SOMO) SERVES INDIVIDUALS WITH INTELLECTUAL DISABILITIES EACH YEAR BY COMBINING THE HEALTH, FITNESS, SOCIAL AND EMOTIONAL BENEFITS RESULTING FROM SPORTS PARTICIPATION. SOMO...

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SPECIAL OLYMPICS MISSOURI (SOMO) SERVES INDIVIDUALS WITH INTELLECTUAL DISABILITIES EACH YEAR BY COMBINING THE HEALTH, FITNESS, SOCIAL AND EMOTIONAL BENEFITS RESULTING FROM SPORTS PARTICIPATION. SOMO INCREASED SERVICE CAPACITIES FOR MORE ATHLETES WHEN WE MOVED INTO THE NEW TRAINING FOR LIFE CAMPUS. THIS WORLD-CLASS FACILITY, CENTRALLY LOCATED FOR THE CURRENT 15,660 PARTICIPATING ATHLETES STATEWIDE (INCLUDING ATHLETES, UNIFIED PARTNERS, YOUNG ATHLETES, UCS ATHLETES AND UCS UNIFIED PARTNERS) AND MANY MORE ATHLETES WHO ARE NOT CURRENTLY PARTICIPATING, OFFERS SOMO THE ABILITY TO HOST VARIOUS DAY CAMPS, CONNECTS SOMO WITH THE COMMUNITY AND OFFERS UNPARALLELED ATHLETE OPPORTUNITIES. SPECIAL OLYMPICS MISSOURI, INC. RECEIVED OVER $750K IN BUDGET RELIEVING CONTRIBUTED SERVICES. WHILE THIS AMOUNT IS EXCLUDED FROM FORM 990 CALCULATIONS, SOMO BELIEVES THIS IS INTEGRAL TO OUR SUCCESS. ATHLETES WHO PARTICIPATE IN SPECIAL OLYMPICS CAN DOUBLE THE LIKELIHOOD TO FIND AND KEEP EMPLOYMENT, MAKING IT FAR MORE THAN A SPORTS ORGANIZATION. THE MOTOR SKILLS OF OUR CHILDREN PARTICIPATING IN THE YOUNG ATHLETES PROGRAM IMPROVED AT TWICE THE RATE OF CHILDREN WHO WERE NOT INVOLVED. RESEARCH INDICATES DEVELOPED ECONOMIES, SUCH AS THE UNITED STATES, HAVE REDUCED PHYSICAL ACTIVITY LEVELS BY AS MUCH AS 32% IN FEWER THAN TWO GENERATIONS. PHYSICAL ACTIVITY DOES MORE THAN CREATE GOOD HEALTH, CONTRIBUTING TO LEADERSHIP, GREATER PRODUCTIVITY AND INNOVATION, AND SPECIAL OLYMPICS MISSOURI IS PROVIDING THIS TRAINING TO OUR ATHLETES FOR LIFE. APPROXIMATELY ONE-THIRD OF SOMO ATHLETES HAVE AUTISM SPECTRUM DISORDER AND ANOTHER THIRD HAVE DOWN SYNDROME. THERE ARE AN ESTIMATED 154,000 INDIVIDUALS IN THE STATE OF MISSOURI THAT HAVE INTELLECTUAL DISABILITIES AND WE SERVE OVER 12,013 CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES, WITH INVALUABLE ASSISTANCE FROM 515 COACHES AND 9,100 STATEWIDE VOLUNTEERS. SPECIAL OLYMPICS IS THE LARGEST PUBLIC HEALTH PLATFORM FOR PEOPLE WITH INTELLECTUAL DISABILITIES IN THE WORLD, PARTNERING WITH HEALTHCARE PROFESSIONALS IN MISSOURI TO OFFER FREE SCREENINGS.SPECIAL OLYMPICS MISSOURI IS PROUD TO HAVE 78% PROGRAM EXPENSES FOR 2023 WHEN INCLUDING CONTRIBUTED SERVICES/FACILITIES, AND 78% PROGRAM EXPENSES FOR 2022 WHEN EXCLUDING CONTRIBUTED SERVICES/FACILITIES. SPECIAL OLYMPICS MISSOURI (SOMO) PROVIDES YEAR-ROUND OPPORTUNITIES THROUGH INNOVATIVE AND TRANSFORMATIVE SPORTS, WELLNESS, LEADERSHIP AND LIFE SKILLS PROGRAMS FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES.

Program 2
Expenses: $21,133 Revenue: $0

THE HEALTHY ATHLETES PROGRAM IS AN INITIATIVE DEVELOPED BY SPECIAL OLYMPICS, INC., WITH A MISSION OF IMPROVING THE OVERALL HEALTH OF OUR ATHLETES THROUGH VARIOUS HEALTH SCREENINGS. THIS PROGRAM...

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THE HEALTHY ATHLETES PROGRAM IS AN INITIATIVE DEVELOPED BY SPECIAL OLYMPICS, INC., WITH A MISSION OF IMPROVING THE OVERALL HEALTH OF OUR ATHLETES THROUGH VARIOUS HEALTH SCREENINGS. THIS PROGRAM OFFERS ATHLETES THE OPPORTUNITY TO IMPROVE THEIR HEALTH IN AN ENVIRONMENT FOCUSING ON THE NEEDS OF INDIVIDUALS WITH INTELLECTUAL DISABILITIES. SCREENING PROGRAMS INCLUDE FUNFITNESS, HEALTHY HEARING, FIT FEET, HEALTH PROMOTION, OPENING EYES, SPECIAL SMILES, AND MEDFEST. WITH THE HELP OF LOCAL VOLUNTEER HEALTH PROFESSIONALS, FOR EVERY $1 SPENT FOR HEALTHY ATHLETES PROGRAMING, $7 IS RETURNED IN PRO BONO SERVICES. ALL HEALTHY ATHLETES PROGRAMS ARE PROVIDED FREE OF CHARGE TO ALL SPECIAL OLYMPICS ATHLETES, WITH 1,668 SCREENINGS ADMINISTERED IN 2023.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,145,104
Program Service Revenue $0
Investment Income $59,455
Other Revenue $1,470,038
TOTAL REVENUE $6,674,597

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,307,377
Fundraising Expenses $412,521
Program Expenses $4,020,405
Other Expenses $2,670,491
TOTAL EXPENSES $4,977,868

Year-over-Year Comparison

2023 2022 Change
Revenue $6,674,597 $4,746,840 +0.4%
Expenses $4,977,868 $4,543,272 +0.1%
Net Income $1,696,729 $203,568 +7.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
47
Volunteers
9100

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
5
$198,488
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AUDREY VERRET CHAIR 2.00
Officer Director
$0 $0 $0
JOHN HARDING VICE CHAIR 2.00
Officer Director
$0 $0 $0
BRANDON DIAL TREASURER 2.00
Officer Director
$0 $0 $0
BRIANA HAINES SECRETARY 2.00
Officer Director
$0 $0 $0
CATHY BUMB PAST CHAIR 2.00
Director
$0 $0 $0
JEFF BUKER BOARD MEMBER 1.00
Director
$0 $0 $0
JEANIE BYLAND BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY CONLEY BOARD MEMBER 1.00
Director
$0 $0 $0
DR PHIL COOK BOARD MEMBER 1.00
Director
$0 $0 $0
DR LARRY EWING BOARD MEMBER 1.00
Director
$0 $0 $0
CLARK FROST BOARD MEMBER 1.00
Director
$0 $0 $0
CYDNEY RICKER-GLAZE BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HAWKINS BOARD MEMBER 1.00
Director
$0 $0 $0
JENNA KERWOOD BOARD MEMBER 1.00
Director
$0 $0 $0
GLENDA KNEBEL BOARD MEMBER 1.00
Director
$0 $0 $0
ANNA MCDANIEL BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN NAEGER BOARD MEMBER 1.00
Director
$0 $0 $0
KEN THEROFF BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD WACHLER BOARD MEMBER 1.00
Director
$0 $0 $0
GARY WILBERS BOARD MEMBER 1.00
Director
$0 $0 $0
CHIEF PAUL WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY LINTHACUM PRESIDENT/CEO 40.00
Officer
$183,191 $15,297 $198,488
BRIAN NEUNER CHIEF DEVELOPMENT AND MARK 40.00
Highest
$131,713 $7,888 $139,601
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 $6,674,597 $4,977,868 $21,781,439 $1,696,729
2022 $4,746,840 $4,543,272 $20,086,385 $203,568
2021 $4,592,039 $3,407,893 $19,734,066 $1,184,146
2020 $7,381,907 $3,316,102 $18,567,734 $4,065,805
2019 $3,369,351 $4,433,907 $16,181,246 $-1,064,556
2018 $8,529,563 $4,958,321 $16,187,392 $3,571,242
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