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Nonprofit · EIN 23-7231535

SPECIAL OLYMPICS VERMONT

Tax-exempt · S BURLINGTON, VT 05403

Financials

$1.2M$929K2023$1.4M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of SPECIAL OLYMPICS VERMONT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,361,057$1,257,100$103,957$2,838,079$540,028$2,298,051
December 31, 2023990$1,188,179$928,738$259,441$2,705,796$507,767$2,198,029
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,365,663
of which government grants
$20,927
Program service revenue
$0
Investment income
$107,892
Net gain from sales of assets
$33,709
Net income from fundraising events
-$112,498
Other revenue
-$112,498

Expenses

Grants and similar amounts paid
$36,704
Compensation of officers, directors and key employees
$167,646
Other salaries and wages
$491,247
Salaries, compensation and benefits (total)
$795,560
Professional fundraising fees
$0
Legal fees
$5,784
Accounting fees
$15,096
Occupancy
$70,658
Travel
$139,418
Program services (functional)
$772,770
Management and general (functional)
$314,579
Fundraising (functional)
$169,751

Balance sheet and other

Total assets, start of year
$2,705,796
Total assets, end of year
$2,838,079
Total liabilities, end of year
$540,028
Net assets, end of year
$2,298,051
Publicly traded securities
$251,722
Net assets without donor restrictions
$1,800,786
Net assets with donor restrictions
$497,265
Gross receipts
$1,556,646
Employees
12
Volunteers
1,200
Year formed
1971
State of legal domicile
VT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SARAH MCCAFFREYPRESIDENT &
Officer
40$159,673$7,972
JAY NUNNCHAIR
Trustee or director, Officer
2$0$0
DAKOTA BRIZENDINEVICE CHAIR
Trustee or director, Officer
2$0$0
AMY WOODTREASURER
Trustee or director, Officer
2$0$0
GARY SARACHANSECRETARY
Trustee or director, Officer
2$0$0
ASHLEY SANDYDIRECTOR
Trustee or director
1$0$0
VIRGINIA MERRIAMDIRECTOR
Trustee or director
1$0$0
KYLE NICHOLSDIRECTOR
Trustee or director
1$0$0
BOBBY TORNEYDIRECTOR
Trustee or director
1$0$0
PEGGY DAYDIRECTOR
Trustee or director
1$0$0
RILEY DICKIEDIRECTOR
Trustee or director
1$0$0
THOMAS HANLEYDIRECTOR
Trustee or director
1$0$0
DAETON ORTONDIRECTOR
Trustee or director
1$0$0
JOHN RILEYDIRECTOR
Trustee or director
1$0$0
ED TOWNLEYDIRECTOR
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
LISA KEYSARDIRECTOR
Trustee or director
1$0
JULIE CROSIERDIRECTOR
Trustee or director
1$0
MARK MASTDIRECTOR
Trustee or director
1$0
JUSTIN O'BRIENDIRECTOR
Trustee or director
1$0
DR JILL REINHARTDIRECTOR
Trustee or director
1$0
SUZANNAH KELLEYDIRECTOR
Trustee or director
1$0
MIKE PSAROSDIRECTOR
Trustee or director
1$0
KATE BOVEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
MELISSA SHEA UNTIL JUNE 30 2023PRESIDENT &
Officer
40$62,302$7,355
SARAH MCCAFFREY AS OF JULY 2023PRESIDENT &
Officer
40$59,769$0
JAY NUNNCHAIR
Trustee or director, Officer
2$0$0
DAKOTA BRIZENDINEVICE CHAIR
Trustee or director, Officer
2$0$0
AMY WOODTREASURER
Trustee or director, Officer
2$0$0
GARY SARACHANSECRETARY
Trustee or director, Officer
2$0$0
ASHLEY SANDYDIRECTOR
Trustee or director
1$0$0
DR STEPHEN CONTOMPASISDIRECTOR
Trustee or director
1$0$0
VIRGINIA MERRIAMDIRECTOR
Trustee or director
1$0$0
KYLE NICHOLSDIRECTOR
Trustee or director
1$0$0
BOBBY TORNEYDIRECTOR
Trustee or director
1$0$0
PEGGY DAYDIRECTOR
Trustee or director
1$0$0
RILEY DICKIEDIRECTOR
Trustee or director
1$0$0
SEAN FAHEYDIRECTOR
Trustee or director
1$0$0
DAETON ORTONDIRECTOR
Trustee or director
1$0$0
JOHN RILEYDIRECTOR
Trustee or director
1$0$0
ED TOWNLEYDIRECTOR
Trustee or director
1$0$0
LISA KEYSARDIRECTOR
Trustee or director
1$0$0
JULIE CROSIERDIRECTOR
Trustee or director
1$0$0
MARK MASTDIRECTOR
Trustee or director
1$0$0
JUSTIN O'BRIENDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
16 GREGORY DR STE 2, S BURLINGTON, VT 05403-6015
Principal officer (990 for 2024)
SARAH MCCAFFREY, 16 GREGORY DRIVE SUITE 2, SOUTH BURLINGTON, VT 05403
Signed the 990
SARAH MCCAFFREY, PRESIDENT & CEO
Phone
(802) 863-5222
Return prepared by
JMM & ASSOCIATES PC

Mission

THE MISSION OF SOVT 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 PHYSCIAL FITNESS, DEMONSTRATE COURAGE, EXPERIENCE JOY AND PARTICIPATE IN THE SHARING OF GIFTS, SKILLS AND FRIENDSHIPS WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES AND THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • SPECIAL OLYMPICS VERMONT(SOVT) IS PART OF A GLOBAL MOVEMENT USING THE POWER OF SPORT TO BREAK DOWN BARRIERS AND FOSTER TRUE INCLUSION FOR PEOPLE WITH INTELLECTUAL DISABILITIES. OUR MISSION IS TO ENSURE EVERY ATHLETE CAN DEVELOP PHYSICAL FITNESS, CONFIDENCE, AND LEADERSHIP SKILLS AND THAT VERMONT COMMUNITIES GROW STRONGER AND MORE WELCOMING AS A RESULT. IN THE PAST YEAR,ATHLETES TRAINED AND COMPETED IN OLYMPIC-STYLE SPORTS, SUPPORTED BY NUMEROUS COACHES, UNIFIED PARTNERS, AND EVENT VOLUNTEERS. SOVT HOSTED STATEWIDE WINTER, SUMMER AND FALL GAMES, A STATEWIDE SWIM COMPETITION AND REGIONAL TOURNAMENTS. SOVT ALSO HOSTED FREE HEALTH SCREENINGS IN FOUR DISCIPLINES: SPECIAL SMILES(DENTISTRY), HEALTHY HEARING (AUDIOLOGY), FUNFITNESS(PHYSICAL THERAPY), AND HEALTH PROMOTION(NUTRITION AND PREVENTION). INCREASED PARTNERSHIPS WITH UNIFIED CHAMPION SCHOOLS, WHICH INCLUDE UNIFIED SPORTS, INCLUSIVE YOUTH LEADERSHIP, WHOLE SCHOOL ENGAGEMENT, HELPED CREATE INCLUSIVE SCHOOL CULTURES. THE IMPACT REACHES FAR BEYOND COMPETITION. ATHLETES GAIN INDEPENDENCE AND FRIENDSHIPS; FAMILIES FIND COMMUNITY AND SUPPORT; AND SCHOOLS AND TOWNS ACROSS VERMONT BECOME PLACES WHERE PEOPLE OF ALL ABILITIES ARE VALUED AND INCLUDED.
    Expenses $772,770 · grants $36,704

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7231535
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,838,079
Income (IRS master file)
$1,556,646

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,361,057$1,257,100$2,838,079IRS
990December 2023$1,188,179$928,738$2,705,796XML
990December 2022$1,019,864$938,888$2,371,165IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7231535).

Questions about SPECIAL OLYMPICS VERMONT

What is the EIN of SPECIAL OLYMPICS VERMONT?
The employer identification number (EIN) of SPECIAL OLYMPICS VERMONT is 23-7231535.
Is SPECIAL OLYMPICS VERMONT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to SPECIAL OLYMPICS VERMONT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPECIAL OLYMPICS VERMONT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SPECIAL OLYMPICS VERMONT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SPECIAL OLYMPICS VERMONT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SPECIAL OLYMPICS VERMONT?
The 990 for the year ended December 31, 2024 names SARAH MCCAFFREY.
Who are the officers and directors of SPECIAL OLYMPICS VERMONT?
The 990 for the year ended December 31, 2024 lists 23 people; 1 received compensation from the organization, the highest $159,673 (SARAH MCCAFFREY, PRESIDENT &).
How much revenue does SPECIAL OLYMPICS VERMONT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,361,057, expenses of $1,257,100 and total assets of $2,838,079 at year end.

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