2025-06-23T15:28:23-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 675 15TH STREET STE 1900 DENVER CO 80202 990 2024-01-01 840713739 SPECIAL OLYMPICS COLORADO SPEC 3035921361 12450 E ARAPAHOE ROAD SUITE C CENTENNIAL CO 80112 MEGAN SCREMIN PRESIDENT AND CEO 3035921361 2025-06-18 1 1 PAMELA ALEXANDERSON P01218925 3032989600 2025-06-18 2024 2025-03-06 01:10:19Z MEGAN SCREMIN 12450 E ARAPAHOE ROAD SUITE C CENTENNIAL CO 80112 9430146 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 49 10966 0 0 5969929 8329255 0 0 126877 174544 242858 296973 6339664 8800772 0 0 0 0 3306550 3642784 0 0 1181932 2703198 3142267 6009748 6785051 329916 2015721 6998592 9449666 1707592 1821905 5291000 7627761 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 2669585 26388 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 $4,609,630 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. 1122242 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. 390006 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. 605886 SOCO'S OTHER PROGRAMS INCLUDE INCLUSIVE HEALTH, WHICH FOCUSES ON IMPROVING THE PHYSICAL AND SOCIALEMOTIONAL 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. 605886 4787719 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 5 1 1 49 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 PATRICK COWAN BOARD CO-CHAIR 2.00 X X 0 0 0 TIM SHARPE BOARD CO-CHAIR (THROUGH 9/14/24) 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 (THROUGH 3/8/24) 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 GRAYSON HELLER BOARD MEMBER 2.00 X 0 0 0 LISA HIDALGO BOARD MEMBER 2.00 X 0 0 0 GARY JOHNSTON BOARD MEMBER 2.00 X 0 0 0 KOLTON JOHNSTON BOARD MEMBER 2.00 X 0 0 0 DR JEFFREY KRAWCEK BOARD MEMBER 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 SAVANAH OVERTURF BOARD MEMBER 2.00 X 0 0 0 MAYA THOMPSON BOARD MEMBER (THROUGH 6/30/24) 2.00 X 0 0 0 COURTNEY WAITE BOARD MEMBER 2.00 X 0 0 0 BECKY KENNEDY CHIEF FINANCIAL OFFICER 40.00 X 136909 0 16484 MEGAN SCREMIN PRESIDENT & CEO 40.00 X 198375 0 11223 ERIN MEDINA CHIEF STRATEGY OFFICER 40.00 X 126313 0 2526 CHAKA SUTTON CHIEF OUTREACH OFFICER 40.00 X 130381 0 12557 JAN GORDON CHIEF DEVELOPMENT OFFICER 40.00 X 128330 0 15423 720308 0 58213 5 0 1 0 0 39606 96400 8193249 535975 8329255 173931 173931 367349 366736 613 613 613 284325 39606 122018 162307 162307 172351 66769 105582 105582 100239 73851 26388 26388 2696 2696 2696 8800772 26388 0 445129 X 362991 104799 216272 41920 2751602 1900138 283402 568062 39801 27485 4099 8217 247772 171101 25519 51152 240618 166160 24783 49675 34836 34836 17995 17995 16394 10115 6279 11461 5637 5824 111767 85432 2263 24072 22427 11700 7227 3500 542968 458392 19296 65280 494329 489430 390 4509 101586 55454 20214 25918 99991 99991 58696 18710 36033 3953 70687 54618 3663 12406 UNIFORMS AND EQUIPMENT 596317 596213 104 RECOGNITION 238349 184654 10 53685 IN-KIND MATERIALS 182433 158567 23866 FEES,PERMITS,AND DUES 180760 142112 6445 32203 361271 147002 12962 201307 6785051 4787719 815400 1181932 250399 134915 4142368 4404776 143664 9980 71483 74889 513457 437835 123729 75622 616709 3181493 1650240 1567991 6998592 9449666 382861 487105 218701 374312 1106030 960488 1707592 1821905 X 4609899 5896339 681101 1731422 5291000 7627761 6998592 9449666 X 2015721 7242 313798 X 0 1 X 1 0 X 4359793 4944980 5303022 5969929 8329255 28906979 4359793 4944980 5303022 5969929 8329255 28906979 513169 28393810 39354 34574 49302 130273 173931 427434 4450 2696 7146 29341559 3081786 0.96770 0.98790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 4,450. 2024 AMOUNT: $ 2,696. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 616709 2500000 83456 18671 3181494 547395 80288 10974 616709 612339 -54531 10413 547395 297754 250000 74401 9816 612339 265149 37539 4934 297754 1.00000 1 0 88934 71734 17200 229088 206537 22551 195435 159564 35871 75622 INTEREST IN PERPETUAL TRUST 694500 OPERATING LEASE RIGHT-OF-USE ASSET 873491 1567991 OPERATING LEASE LIABILITIES 960488 960488 X 13969439 7242 4791771 387649 5186662 8782777 17995 17995 8800772 11632678 4791771 73851 4865622 6767056 17995 17995 6785051 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, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUST 128,721. COST OF GOODS SOLD 73,851. EMPLOYEE RETENTION CREDIT REFUNDS 185,077. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 73,851. GOLF TOURNAMENT 323931 39606 284325 45355 49950 21016 5697 323931 39606 284325 45355 49950 21016 5697 122018 162307 172351 45000 21769 1 0.95000 172351 45000 21769 66769 105582 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 & CEO 175254 0 23121 0 0 0 3967 0 7256 0 209598 0 0 0 BECKY KENNEDY CHIEF FINANCIAL OFFICER 124909 0 12000 0 0 0 2738 0 13746 0 153393 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 2 366742 FMV X 20 29012 FMV X RECOGNITION-RELATED DONATIONS 21 75177 FMV X FUNDRAISING-RELATED DONATIONS 69 45139 FMV X UNIFORMS AND EQUIPMENT 12 19905 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 FEBRUARY 2024. 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 $4,791,771 IN DONATED SERVICES AND FACILITIES IN 2024, 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, $4,609,630 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 83.7% OF TOTAL EXPENSES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUST 128,721. EMPLOYEE RETENTION CREDIT REFUNDS 185,077. 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