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Nonprofit · EIN 93-2574727

SPECIAL OLYMPICS NEVADA INC

Also known as SPECIAL OLYMPICS NEVADA

Tax-exempt · LAS VEGAS, NV 89119

Financials

$2.6M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of SPECIAL OLYMPICS NEVADA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,628,164$1,706,292$921,872$1,210,090$249,131$960,959
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,579,118
of which government grants
$810,747
Program service revenue
$73,490
Investment income
$8,450
Net income from fundraising events
-$33,112
Other revenue
-$32,894

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$168,325
Other salaries and wages
$584,970
Salaries, compensation and benefits (total)
$885,691
Professional fundraising fees
$0
Accounting fees
$84,248
Occupancy
$19,375
Travel
$73,386
Program services (functional)
$1,049,718
Management and general (functional)
$310,707
Fundraising (functional)
$345,867

Balance sheet and other

Total assets, start of year
$41,097
Total assets, end of year
$1,210,090
Total liabilities, end of year
$249,131
Net assets, end of year
$960,959
Net assets without donor restrictions
$958,003
Net assets with donor restrictions
$2,956
Gross receipts
$2,661,276
Employees
13
Volunteers
2,002
Year formed
2023
State of legal domicile
NV

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
Terrence ThorntonPresident & CEO
Officer
55$148,489$19,837
David BowmanChair
Trustee or director, Officer
0.5$0$0
Kara Hendricksvice-chair
Trustee or director, Officer
0.5$0$0
Tammy McCoulloughSecretary
Trustee or director, Officer
0.5$0$0
Joyce Whitney-SilvaTreasurer
Trustee or director, Officer
0.5$0$0
Jonah BjorkmanBoard Member
Trustee or director
0.5$0$0
Alena OlevicBoard Member
Trustee or director
0.5$0$0
Jonathan TimothyBoard Member
Trustee or director
0.5$0$0
David NavarroBoard Member
Trustee or director
0.5$0$0
Myles HayesBoard Member
Trustee or director
0.5$0$0
Steven LiaosBoard Member
Trustee or director
0.5$0$0
Lynn VaughBoard Member
Trustee or director
0.5$0$0
Armida MarinBoard Member
Trustee or director
0.5$0$0
Brandy GoodsonBoard Member
Trustee or director
0.5$0$0
Jake RoszelleBoard Member
Trustee or director
0.5$0$0
3 more people on this return
NameTitleHours / weekCompensation
Jeff AssiffBoard Member
Trustee or director
0.5$0
Michelle ScadutoBoard Member
Trustee or director
0.5$0
Donna Mendoza-MitchellBoard Member
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
4000 S EASTERN AVE STE 320, LAS VEGAS, NV 89119-0826
In care of
% TERRENCE THORNTON
Mailing address (990-N for 2023)
4000 S Eastern Ave 320, Las Vegas NV 89119
Principal officer (990 for 2024)
Terrence Thornton, 4000 Eastern Ave 320, Las Vegas, NV 89119
Principal officer (990-N for 2023)
Terrence Thornton, 4000 S Eastern Ave 320, Las Vegas NV 89119
Signed the 990
Terrence Thornton, President & CEO
Phone
(702) 474-0690
Return prepared by
MUN CPAs LLP

Mission

The mission of Special Olympics is to provide year-round sports training and athletic competition in a variety of Olympic-type sports for children and adults with intellectual disabilities. This gives 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.

990 for the year ended December 31, 2024

Program accomplishments

  • Community Sports - This SONV programs provides opportunities for people with and without ID to engage in sports together all year long. Our program is free of charge to participants and has activities for every ability level. Children that are interesting in competing can enter competitions as young as 8 years old; but we have programming for ages 2 senior citizens. Our southern Nevada sports schedule includes the following: basketball, bowling, bocce, flag football, golf, swimming and track and field. During 2024, SONV engaged over 2,818 athletes and 1,968 volunteers in this program.
    Expenses $356,327
  • Unified Champion Schools - This program focuses on creating inclusive school campuses for people with ID. The program targets students without disabilities i.e., student leaders to be the drivers of the program. Student leaders encourage their friends without disabilities to include students with disabilities in activities that they lead on their campus. The Champion Schools program includes lessons and opportunities for students to create events that engage the entire school and sports training and leadership development. During 2024, SONV was able to engage 75 schools in the Champion Schools Program. The program also engaged 28,941 students within the State of Nevada.
    Expenses $227,746 · grants $37,593
  • Mindset Matters - This program utilizes some aspects of the Strong Minds program, in addition to new elements from the 8-Dimensions of Wellness Model, the Together Counts Program, and evidence-based activities to teach Nevada students adaptive coping skills and strategies to maintain emotional wellness. The Mindset Matters program includes topics such as: emotion identification and regulation, relaxation breathing, cognitive restructuring, muscle relaxation, mindfulness and interpersonal relationships, and social wellness and social skills. During 2024, SONV was able to engage over 4,500 students and 200 volunteers in this program.
    Expenses $221,637
  • Athlete Leadership - This program allows people with disabilities the opportunity to receive training in speech writing and coaching so that they feel comfortable speaking in public. Program participants that receive this training have the opportunity to advocate; meeting annually with Nevada delegates at the national and state level; to speak first-hand on the impact that SONVs programs is having in their lives. Other program participants make presentations to corporate boards or business organizations to support diversity, equity and inclusion (DEI) efforts. Athlete leaders also engage in SONV fundraising activities and interviews to broaden awareness of the organizations work. During 2024, SONV engaged 65 athletes in this program.
    Expenses $140,387
  • Healthy Athletes - Through this program, Nevada has the opportunity to position the state as a region where people with ID are provided full inclusion in mainstream health policies, laws, programs and services, research and funding streams. At our national level, Special Olympics has partnered with the Center for Disease Control (CDC) to create curriculum so that local programs can train physicians, medical technicians and higher education students studying these disciplines in their state to become volunteers and provide health screenings and education to people with ID and underserved communities. On average, people with ID live 16 years less than the general population, so these health screenings allow us to mitigate health risks. SONV offers health screenings in the following areas: vision, hearing, BMI, podiatry, dental, mental health/stress management, endurance and flexibility testing. During 2024, SONV provided screenings to 200 athletes and trained 17 Clinical Directors in this program.
    Expenses $103,621

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-N on file

IRS record

EIN
93-2574727
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,210,090
Income (IRS master file)
$2,661,276

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,628,164$1,706,292$1,210,090IRS
990-N for 2023
Officer: Terrence Thornton
December 31, 2023≤ $50,000 receipts––e-Postcard

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 93-2574727).

Questions about SPECIAL OLYMPICS NEVADA INC

What is the EIN of SPECIAL OLYMPICS NEVADA INC?
The employer identification number (EIN) of SPECIAL OLYMPICS NEVADA INC is 93-2574727.
Is SPECIAL OLYMPICS NEVADA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to SPECIAL OLYMPICS NEVADA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPECIAL OLYMPICS NEVADA INC 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 NEVADA INC 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 NEVADA INC 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 NEVADA INC?
The 990 for the year ended December 31, 2024 names Terrence Thornton.
Who are the officers and directors of SPECIAL OLYMPICS NEVADA INC?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $148,489 (Terrence Thornton, President & CEO).
How much revenue does SPECIAL OLYMPICS NEVADA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,628,164, expenses of $1,706,292 and total assets of $1,210,090 at year end.

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