2024-08-14T18:54:26-05:00 2023-12-31 910189318 MOSS ADAMS LLP 675 15TH STREET STE 1900 DENVER CO 80202 990 2023-01-01 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 1 PAMELA ALEXANDERSON P01218925 3032989600 2024-08-13 2023 2024-08-08 14:25:15Z MEGAN SCREMIN 12450 E ARAPAHOE ROAD SUITE C CENTENNIAL CO 80112 6716865 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. 21 21 46 10582 0 0 5303022 5969929 0 0 49978 126877 298207 242858 5651207 6339664 0 0 0 0 3057788 3306550 0 0 1112538 2308784 2703198 5366572 6009748 284635 329916 6713864 6998592 1911560 1707592 4802304 5291000 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 1006491 18673 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 $3,288,125 IN DONATED SERVICES AND FACILITIES. THESE DONATED SERVICES INCLUDE DAY PASSES TO SKI RESORTS USED IN CONNECTION WITH SOCO'S WINTER SPORTS PROGRAMS, AS WELL AS SERVICES DONATED BY COACHES AND REFEREES. 1986793 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. 461298 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. 608345 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. 608345 4062927 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 11 7 1 46 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 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 PAST CHAIR 2.00 X X 0 0 0 JOHN SHUKIE BOARD PAST CHAIR 2.00 X X 0 0 0 PATRICK COWAN BOARD CO-CHAIR 2.00 X X 0 0 0 TIM SHARPE BOARD CO-CHAIR 2.00 X X 0 0 0 MANDY WILLIAMS BOARD VICE CHAIR 2.00 X X 0 0 0 JON HERSKOVITS TREASURER 2.00 X X 0 0 0 MATTHEW DOYLE SECRETARY 2.00 X X 0 0 0 SHARIF ABDELHAMID BOARD MEMBER 2.00 X 0 0 0 CASSIDEE CARLSON BOARD MEMBER 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 JACKIE DEVINE BOARD MEMBER 2.00 X 0 0 0 STEPHEN FUSCO BOARD MEMBER 2.00 X 0 0 0 JOSH GOLDENBERG BOARD MEMBER 2.00 X 0 0 0 LISA HIDALGO BOARD MEMBER 2.00 X 0 0 0 GREG HOLLOWAY BOARD MEMBER (THROUGH 11/8/23) 2.00 X 0 0 0 MICHAEL KRUEGER BOARD MEMBER 2.00 X 0 0 0 LIZ KRUPA BOARD MEMBER 2.00 X 0 0 0 LONDON LOMAX BOARD MEMBER 2.00 X 0 0 0 JIM MARTIN BOARD MEMBER 2.00 X 0 0 0 MARTA NEWHART BOARD MEMBER (THROUGH 9/18/23) 2.00 X 0 0 0 MELISSA SACHS BOARD MEMBER (THROUGH 6/30/23) 2.00 X 0 0 0 TONY SPURLOCK BOARD MEMBER (THROUGH 3/26/23) 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 MEGAN SCREMIN PRESIDENT AND CEO 40.00 X 201106 0 10834 BECKY KENNEDY CFO 40.00 X 131968 0 15228 JAN GORDON CHIEF DEVELOPMENT OFFICER 40.00 X 128069 0 14164 CHAKA SUTTON CHIEF OUTREACH OFFICER 40.00 X 129894 0 11669 ERIN MEDINA CHIEF STRATEGY OFFICER 40.00 X 122563 0 2461 713600 0 54356 5 0 1 0 0 28978 5940951 106025 5969929 130273 130273 1214 4610 -3396 -3396 -3396 160682 28978 62676 98006 98006 360860 234681 126179 126179 93907 75234 18673 18673 6339664 18673 0 351062 X 359136 105970 210778 42388 2487862 1698467 291830 497565 36119 24658 4237 7224 205489 140288 24104 41097 217944 148791 25565 43588 77725 77725 10976 10976 9928 5794 4134 11309 4295 7014 156485 69634 6072 80779 17610 12242 1800 3568 524152 432406 30270 61476 420298 410983 545 8770 135854 101920 6611 27323 89350 89350 57356 19548 34201 3607 66860 51325 5126 10409 UNIFORMS AND EQUIPMENT 501038 501038 RECOGNITION 190315 130674 884 58757 FEES,PERMITS,AND DUES 109956 80290 7517 22149 IN-KIND MATERIALS 106025 36533 69492 217961 88071 6692 123198 6009748 4062927 834283 1112538 282079 250399 3892562 4142368 162235 143664 46678 71483 519857 396128 158486 123729 547395 616709 1624429 1650240 6713864 6998592 415604 382861 333960 218701 1161996 1106030 1911560 1707592 X 4198119 4609899 604185 681101 4802304 5291000 6713864 6998592 X 329916 80288 78492 X 0 1 X 1 0 X 5077412 4359793 4944980 5303022 5969929 25655136 5077412 4359793 4944980 5303022 5969929 25655136 25655136 56373 39354 34574 49302 130273 309876 4450 4450 25969462 2868571 0.98790 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 547395 80288 10974 616709 612339 -54531 10413 547395 297754 250000 74401 9816 612339 265149 37539 4934 297754 250000 15777 628 265149 1.00000 1 0 88934 60411 28523 236838 200320 36518 194085 135397 58688 123729 INTEREST IN PERPETUAL TRUST 638578 OPERATING LEASE RIGHT-OF-USE ASSET 1011662 1650240 OPERATING LEASE LIABILITIES 1106030 1106030 X 10070185 80288 3507483 153726 3741497 6328688 10976 10976 6339664 9581489 3507483 75234 3582717 5998772 10976 10976 6009748 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 INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUST 78,492. COST OF GOODS SOLD 75,234. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 75,234. GOLF TOURNAMENT 189660 28978 160682 30049 16879 12654 770 2324 189660 28978 160682 30049 16879 12654 770 2324 62676 98006 360860 58200 77920 98561 1 0.95000 360860 58200 77920 98561 234681 126179 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 174077 0 27029 0 0 0 4037 0 6797 0 211940 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 19198 FMV X UNIFORMS AND EQUIPMENT 21 51530 FMV X FUNDRAISING-RELATED DONATIONS 78 20123 FMV X RECOGNITION-RELATED DONATIONS 10 15174 FMV 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS 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 $3,507,483 IN DONATED SERVICES AND FACILITIES IN 2023, 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, $3,288,125 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 79.0% OF TOTAL EXPENSES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUST 78,492. 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