2024-08-14T18:52:10-05:00 2022-12-31 910189318 MOSS ADAMS LLP 675 15TH STREET STE 1900 DENVER CO 80202 990 2022-01-01 840713739 SPECIAL OLYMPICS COLORADO SPEC 3035921361 12450 E ARAPAHOE ROAD SUITE C CENTENNIAL CO 80112 MEGAN SCREMIN PRESIDENT AND CEO 3035921361 2024-08-13 1 0 STEVEN TALBOT P01695427 3032989600 2024-08-13 2022 2024-08-08 14:25:15Z X MEGAN SCREMIN 12450 E ARAPAHOE ROAD SUITE C CENTENNIAL CO 80112 6166679 0 X WWW.SPECIALOLYMPICSCO.ORG X 1972 CO THE MISSION OF SPECIAL OLYMPICS COLORADO (SOCO) IS TO PROVIDE YEAR-ROUND SPORTS TRAINING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES. 23 23 50 6112 0 0 4944980 5303022 0 0 34574 49978 244518 298207 5224072 5651207 0 0 0 0 2905854 3057788 0 0 1097097 1852524 2308784 4758378 5366572 465694 284635 5477737 6713864 761924 1911560 4715813 4802304 X THE MISSION OF SPECIAL OLYMPICS COLORADO (SOCO) IS TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR 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 FRIENDSHIPS WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES, AND THE COMMUNITY. 0 0 768328 17234 SPECIAL OLYMPICS COLORADO (SOCO) IS A CHAPTER OF SPECIAL OLYMPICS, A GLOBAL ORGANIZATION THAT USES THE SIMPLE PLATFORM OF SPORTS TO EMPOWER INDIVIDUALS WITH INTELLECTUAL DISABILITIES (ID). SINCE 1969, SOCO HAS BEEN STRENGTHENING FAMILIES, ATHLETES AND OUR COMMUNITY THROUGH SPORT AND HEALTHY LIVING OPPORTUNITIES AND NOW SERVES MORE THAN 20,000 ATHLETES ACROSS THE STATE. NOT INCLUDED IN PROGRAM EXPENSES ARE $3,537,746 IN DONATED SERVICES AND FACILITIES. THESE DONATED SERVICES INCUDE DAY PASSES TO SKI RESORTS USED IN CONNECTION WITH SOCO'S WINTER SPORTS PROGRAMS, AS WELL AS SERVICES DONATED BY COACHES AND REFEREES. 1219035 SOCO'S UNIFIED CHAMPION SCHOOL STRATEGY IS A SCHOOL-BASED PROGRAM THAT CHANGES SCHOOL CLIMATES TO BE ACCEPTING AND INCLUSIVE OF ALL STUDENTS AND ALL DIFFERENCES THROUGH UNIFIED SPORTS, YOUTH LEADERSHIP AND ENGAGING ALL STUDENTS. 913220 SOCO'S YOUNG ATHLETES PROGRAM IS AN INNOVATIVE SPORTS PLAY PROGRAM FOR CHILDREN AGES 2-7 WITH INTELLECTUAL DISABILITIES AS WELL AS THEIR TYPICALLY DEVELOPING PEERS, DESIGNED TO PROMOTE INCLUSION WHILE INTRODUCING THEM TO THE WORLD OF SPORT, WITH THE GOAL OF PREPARING THEM FOR FUTURE PARTICIPATION IN SPECIAL OLYMPICS SPORTS TRAINING AND COMPETITION. 612980 SOCO'S OTHER PROGRAMS INCLUDE INCLUSIVE HEALTH, WHICH FOCUSES ON IMPROVING THE PHYSICAL AND SOCIAL-EMOTIONAL WELL-BEING OF PEOPLE WITH INTELLECTUAL DISABILITIES BY BROADENING ACCESS AND QUALITY OF CARE IN HEALTH SYSTEMS; THE ATHLETE LEADERSHIP PROGRAM, INCLUDING ALPS UNIVERSITY, WHICH EMPOWERS SOCO'S ATHLETES TO CREATIVE MEANINGFUL SOCIETAL CHANGE; AND OUR VOLUNTEER TRAINING AND MANAGEMENT PROGRAM. 612980 3513563 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 13 7 1 50 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X X BECKY KENNEDY 3035921361 12450 E ARAPAHOE ROAD SUITE C CENTENNIAL CO 80112 MACKENZIE BEAUVAIS-NIKL BOARD CO-CHAIRMAN 2.00 X X 0 0 0 JOHN SHUKIE BOARD CO-CHAIRMAN 2.00 X X 0 0 0 PATRICK COWAN BOARD VICE CHAIR 2.00 X X 0 0 0 DAVINIA LYON TREASURER 2.00 X X 0 0 0 KRIS STAAF SECRETARY 2.00 X X 0 0 0 SHARIF ABDELHAMID BOARD MEMBER 2.00 X 0 0 0 DR JAY ALBRIGHT BOARD MEMBER (THRU 6/21/22) 2.00 X 0 0 0 DAVID CARLSON BOARD MEMBER 2.00 X 0 0 0 MICHAEL DEATLY BOARD MEMBER 2.00 X 0 0 0 MATTHEW DOYLE BOARD MEMBER 2.00 X 0 0 0 JOSH GOLDENBERG BOARD MEMBER 2.00 X 0 0 0 JON HERSKOVITS BOARD MEMBER 2.00 X 0 0 0 LISA HIDALGO BOARD MEMBER 2.00 X 0 0 0 GREG HOLLOWAY BOARD MEMBER 2.00 X 0 0 0 LIZ KRUPA BOARD MEMBER 2.00 X 0 0 0 ALEXA LETTS BOARD MEMBER (THRU 3/31/22) 2.00 X 0 0 0 LONDON LOMAX BOARD MEMBER 2.00 X 0 0 0 PHILLIP MERRILL BOARD MEMBER 2.00 X 0 0 0 MARTA NEWHART BOARD MEMBER 2.00 X 0 0 0 EVAN ROTHSTEIN BOARD MEMBER (THRU 9/12/22) 2.00 X 0 0 0 MELISSA SACHS BOARD MEMBER 2.00 X 0 0 0 TIM SHARPE BOARD MEMBER 2.00 X 0 0 0 TONY SPURLOCK BOARD MEMBER 2.00 X 0 0 0 LILIE STOOLMAN BOARD MEMBER (THRU 6/21/22) 2.00 X 0 0 0 MAYA THOMPSON BOARD MEMBER 2.00 X 0 0 0 COURTNEY WAITE BOARD MEMBER 2.00 X 0 0 0 MANDY WILLIAMS BOARD MEMBER 2.00 X 0 0 0 MEGAN SCREMIN PRESIDENT AND CEO 40.00 X 183866 0 8043 BECKY KENNEDY CFO 40.00 X 128128 0 12405 JAN GORDON CHIEF DEVELOPMENT OFFICER 40.00 X 126040 0 12840 CHAKA SUTTON CHIEF OUTREACH OFFICER 40.00 X 125825 0 9286 ERIN MEDINA CHIEF STRATEGY OFFICER 40.00 X 117770 0 1178 681629 0 43752 5 0 1 0 0 30346 5272676 110350 5303022 49302 49302 16469 15793 676 676 676 158839 30346 63439 95400 95400 569445 383872 185573 185573 69602 52368 17234 17234 5651207 17234 0 330951 X 332442 95955 198105 38382 2315877 1576882 248556 490439 15550 10588 1669 3293 192433 131028 20653 40752 201486 137192 21625 42669 25700 25700 10413 10413 9059 5080 3979 13631 5505 8126 178007 87438 8975 81594 18433 11676 2907 3850 449891 334084 58546 57261 315566 306631 423 8512 91165 57872 8019 25274 85928 85928 57016 15141 38392 3483 59423 43700 6763 8960 UNIFORMS AND EQUIPMENT 445941 444865 1076 RECOGNITION 119281 76872 1445 40964 FEES,PERMITS,AND DUES 118617 88589 10251 19777 IN-KIND MATERIALS 110350 110350 200363 84465 7542 108356 5366572 3513563 755912 1097097 141033 282079 3642144 3892562 132593 162235 48507 46678 519617 361131 185737 158486 612339 547395 715384 1624429 5477737 6713864 485301 415604 276623 333960 0 1161996 761924 1911560 X 3958213 4198119 757600 604185 4715813 4802304 5477737 6713864 X 284635 -42846 -155298 X 0 1 X 1 0 X 6095946 5077412 4359793 4944980 5303022 25781153 6095946 5077412 4359793 4944980 5303022 25781153 600033 25181120 32555 56373 39354 34574 49302 212158 4450 4450 25997761 2355071 0.96860 0.96860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 4,450. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 612339 -54531 10413 547395 297754 250000 74401 9816 612339 265149 37539 4934 297754 250000 15777 628 265149 1.00000 1 0 88934 49089 39845 237665 200474 37191 193018 111568 81450 158486 INTEREST IN PERPETUAL TRUST 560086 ROU ASSET 1064343 1624429 LEASE LIABILITIES 1161996 1161996 X 9147640 -42846 3652622 -102930 3506846 5640794 10413 10413 5651207 9061149 3652622 52368 3704990 5356159 10413 10413 5366572 PART V, LINE 4: THE ENDOWMENT IS AN INVESTMENT FUND DEVELOPED TO PROVIDE LONG-TERM FINANCIAL SECURITY AND TO OFFER ANNUAL INCOME TO IMPORTANT INITIATIVES AND PROGRAMS IN PERPETUITY. EARNINGS FROM THE FUND ARE TO BE USED TO SUPPORT THE OPERATIONS OF SPECIAL OLYMPICS COLORADO. PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUST -155,298. COST OF GOODS SOLD 52,368. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 52,368. GOLF TOURNAMENT 189185 30346 158839 30346 14864 10372 7857 189185 30346 158839 30346 14864 10372 7857 63439 95400 569445 56850 85370 241652 1 0.95000 569445 56850 85370 241652 383872 185573 CO 1 0 0 0 1.00000 0.00000 BECKY KENNEDY 12450 E ARAPAHOE RD STE C CENTENNIAL CO 80112 0 JANET GORDON 0 OVERSEES AND MANAGES RAFFLES FOR THE ORGANIZATION X 0 X X 0 0 0 0 0 0 0 1 0 MEGAN SCREMIN PRESIDENT AND CEO 155000 0 28866 0 0 0 1839 0 6204 0 191909 0 0 0 PART I, LINE 7 THE HUMAN RESOURCE COMMITTEE DETERMINES BONUS AMOUNTS BASED ON THE PERFORMANCE OF THE ORGANIZATION AND MEETING KEY INDICATORS, ALONG WITH PERSONAL PERFORMANCE. X 14 8982 FMV X FUNDRAISING-RELATED DONATIONS 88 64313 FMV X UNIFORMS AND EQUIPMENT 15 20979 FMV X RECOGNITION-RELATED DONATIONS 14 16076 FMV 0 0 1 0 FORM 990, ITEM B AMENDED RETURN EXPLANATION: THE RETURN IS BEING AMENDED TO UPDATE THE AMOUNT OF CONTRIBUTIONS AND PROGRAM EXPENSES BASED ON A RECALCULATED TOTAL OF DONATED SERVICES, WHICH SHOULD BE EXCLUDED FROM 990 REPORTING. VARIOUS CHANGES WERE MADE TO PARTS I, III, VIII, AND IX OF FORM 990, SCHEDULE A, SCHEDULE D, SCHEDULE M, AND SCHEDULE O AS A RESULT OF THIS UPDATE. FORM 990, PART VI, SECTION A, LINE 1A THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSIST OF AT LEAST THREE (3) DIRECTORS WHO SHALL INCLUDE THE CHAIRPERSON, ALONG WITH SUCH OTHER DIRECTORS AS THE BOARD OF DIRECTORS SHALL FROM TIME TO TIME DESIGNATE. DURING THE ABSENCE OR DISABILITY OF ANY MEMBER OF THE EXECUTIVE COMMITTEE, THE CHAIRPERSON OF THE BOARD OF DIRECTORS MAY APPOINT ANOTHER DIRECTOR TO SERVE SUBJECT TO THE AUTHORITY OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL, IN ADDITION TO ANY OTHER DUTIES SPECIFIED FROM TIME TO TIME BY THE BOARD OF DIRECTORS: (A) IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS, EXCEPT AS MAY BE PROHIBITED BY LAW; (B) REVIEW AND SUPERVISE ALL ACTIVITIES OF THE BOARD OF DIRECTORS; (C) REVIEW AND ADVISE THE PRESIDENT AND CHIEF EXECUTIVE COMMITTEE ON MATTERS OF ANNUAL EMPLOYEE SALARIES AND BENEFITS. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE SUBJECT TO REVISION OR ALTERATION BY THE BOARD OF DIRECTORS EXCEPT INSOFAR AS THE THIRD PARTIES HAVE RELIED THEREON. THE CHAIRPERSON OF THE BOARD OF DIRECTORS SHALL SERVE AS ITS CHAIR. AT EACH REGULAR MEETING OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL SUBMIT TO THE BOARD OF DIRECTORS FOR ITS APPROVAL A REPORT OF THE ACTION APPROVED BY THE EXECUTIVE COMMITTEE IN ITS MEETINGS AND SUCH OTHER REPORTS AS WILL GIVE THE DIRECTORS A COMPREHENSIVE UNDERSTANDING OF THE AFFAIRS OF THE CORPORATION. THE EXECUTIVE COMMITTEE MAY NOT, UNLESS SPECIFICALLY EMPOWERED BY THE BOARD OF DIRECTORS TO DO SO: (A) TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF DIRECTORS; (B) AMEND BYLAWS; (C) ENCUMBER THE ORGANIZATION THROUGH BANK LOANS OR OTHER MEANS; (D) REMOVE OR APPOINT THE PRESIDENT AND CHIEF EXECUTIVE OFFICER; OR (E) TAKE ANY OTHER ACTION WHICH HAS BEEN RESERVED FOR THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FORM 990 IS PROVIDED ELECTRONICALLY TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL. FOLLOWING THEIR REVIEW AND APPROVAL OF THE COMPLETED FORM 990, IT IS ALSO ELECTRONICALLY DISTRIBUTED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C SPECIAL OLYMPICS COLORADO REQUIRES BOARD MEMBERS TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. SPECIAL OLYMPICS COLORADO PROVIDES EDUCATION TO BOARD MEMBERS ON THE CONFLICT OF INTEREST POLICY THROUGH BOARD MEMBER ORIENTATION AND SELF REPORTING ANY POTENTIAL CONFLICTS. IF A CONFLICT EXISTS, THE BOARD MEMBER INVOLVED MAY NOT PARTICIPATE IN DELIBERATIONS OR VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO, OTHER OFFICERS AND KEY EMPLOYEES IS CARRIED OUT BY THE BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE. THE PROCESS INCLUDED AN ANALYSIS OF CURRENT INDEPENDENT SALARY SURVEYS IN COLORADO. THIS EVALUATION OCCURS NO LESS THAN EVERY TWO YEARS. SUBSTANTIATION OF THE DELIBERATION AND DECISION WOULD BE CONTAINED IN THE DOCUMENTATION OF THE MEETINGS HELD. THIS WAS LAST COMPLETED IN JANUARY 2023. FORM 990, PART VI, SECTION C, LINE 19 SPECIAL OLYMPICS COLORADO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE THROUGH MAIL OR E-MAIL REQUEST. AUDITED FINANCIAL STATEMENTS AND THE PUBLIC COPY OF THE 990 ARE POSTED ON THE WEBSITE. FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES SPECIAL OLYMPICS COLORADO RECEIVED $3,652,622 IN DONATED SERVICES AND FACILITIES IN 2022, WHICH ARE NOT SHOWN ON FORM 990. THESE DONATIONS INCLUDE DONATED LEGAL SERVICES, DONATED COACHING AND REFEREE SERVICES, AND THE USE OF DONATED SPORTING FACILITIES. OF THESE DONATED SERVICES, $3,537,746 WOULD BE ALLOCATED AS PROGRAM EXPENSES. THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS, WHICH INCLUDE THESE DONATED SERVICE EXPENSES, SHOW THAT PROGRAM EXPENSES FOR SPECIAL OLYMPICS COLORADO EQUAL 78.5% OF TOTAL EXPENSES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUST -155,298. CHARITABLE REMAINDER TRUST (1) CHARITABLE REMAINDER TRUST CO N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0