Overview
What is Special Olympics Arkansas Inc?
Special Olympics Arkansas Inc, located in Little Rock, Arkansas, is a dedicated nonprofit organization that offers year-round sports training and competitive opportunities in twenty Olympic-type sports for individuals with intellectual disabilities. Their mission is to empower these individuals, providing them with continuous opportunities to develop physical fitness, demonstrate courage, experience joy, and engage in a sharing of gifts, skills, and friendship with their families, fellow athletes, and the community. Beyond sports, Special Olympics Arkansas Inc provides additional programs to support athletes' overall development and well-being. These initiatives include "Healthy Hearing," offering free hearing screenings; "Special Smiles," providing free dental screenings; "Opening Eyes," offering free vision screenings; "Fun Fitness," which measures athletes' flexibility and identifies the need for treatments; "Health Promotion," encouraging a healthier lifestyle; and "Project Unify," initiatives that combine social, educational, and inclusive opportunities through sports.
Official website here: www.specialolympicsarkansas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
Special Olympics Arkansas Inc has achieved a perfect score of 100%, indicating strong performance in accountability and finance. This outstanding rating reflects the organization's commitment to transparent financial practices, with no material diversions of assets reported. The majority of the board members are independent, reinforcing the integrity of governance within the organization.
The nonprofit demonstrates excellent management of resources, with a program expense ratio of 80.08%, which signifies that a significant majority of its expenses directly support its mission. Furthermore, the organization adheres to best practices by maintaining comprehensive policies related to conflicts of interest, whistleblower protections, and document retention, all of which contribute to its high accountability rating.
While the organization has shown commendable financial health and governance, the data does not highlight any specific programmatic achievements or community impact metrics. This absence of impact-related information may leave some potential donors seeking a more holistic view of the nonprofit's effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Special Olympics Arkansas Inc legitimate?
Special Olympics Arkansas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Special Olympics Arkansas Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $135,983
Professional Fundraising Fees: $0
Other Salaries and Wages: $474,819
For more financial information, click here
Official website here: www.specialolympicsarkansas.org
What is the mission statement of Special Olympics Arkansas Inc?
Special Olympics Arkansas Inc's mission is centered around empowering individuals with intellectual disabilities. They accomplish this by providing year-round sports training and athletic competition in a variety of Olympic-style sports. This continuous engagement not only helps in developing physical fitness but also encourages courage, brings joy, and fosters a sharing of gifts, skills, and friendships among the athletes, their families, other Special Olympics athletes, and the community.
Official website here: www.specialolympicsarkansas.org
Who is the CEO of Special Olympics Arkansas Inc?
Terri Weir is the Chair of Special Olympics Arkansas Inc.
Official website here: www.specialolympicsarkansas.org
What is the revenue of Special Olympics Arkansas Inc?
Special Olympics Arkansas Inc's revenue in 2022 was $1,615,712.
Official website here: www.specialolympicsarkansas.org
Who are the executives of Special Olympics Arkansas Inc and what are their salaries?
The average compensation at Special Olympics Arkansas Inc during 2022 was $55,527. There are 11 employees and 25000 volunteers at Special Olympics Arkansas Inc.
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Official website here: www.specialolympicsarkansas.org
Where can I find the form 990 for Special Olympics Arkansas Inc?
Special Olympics Arkansas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.specialolympicsarkansas.org
Learn more at the official website: www.specialolympicsarkansas.org
Mission Statement of Special Olympics Arkansas Inc
Special Olympics Arkansas Inc is committed to empowering individuals with intellectual disabilities. Their mission 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 organization offers continuous opportunities for individuals to develop physical fitness, demonstrate courage, experience joy, and participate in sharing gifts, skills, and friendship with their families, other Special Olympics athletes, and the community. Through these activities, Special Olympics Arkansas Inc aims to create an inclusive environment where everyone can celebrate their abilities and build lasting connections.
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Impact
July, 2024
Special Olympics Arkansas Inc empowers individuals with intellectual disabilities by providing year-round sports training and competitions in twenty Olympic-type sports. They offer additional programs for athletes' development and fitness, including free hearing, dental, and vision screenings, as well as opportunities for occupational and physical therapy. Their initiatives like "Health Promotion" and "Project Unify" promote healthier lifestyles and inclusion through sports. Through their mission, they give children and adults with intellectual disabilities opportunities to develop physical fitness, courage, joy, and friendship within their families, the Special Olympics community, and the wider community in Little Rock, AR.
This information is meant to be a general summary of Special Olympics Arkansas Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $53,531
- Program Service Revenue: $2,500
- Gross Receipts: $2,040,083
Assets and Liabilities:
- Total Assets: $3,314,500
- Total Liabilities: $79,607
- Net Assets: $3,234,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPORTS CAMP
Revenue
$2,500
Organization Details
Founding Year
1970
Phone
(501) 771-0222Principal Officer
Terri Weir
Main Address
601 ROCK STREET, LITTLE ROCK, AR, 722022538
NTEE Category
Code: N70 - Recreation
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