Civic Intelligence

Special Olympics Michigan Inc.

990 • Fiscal year 2012 • EIN 38-1964643

Jan 01, 2012 to Dec 31, 2012

Organization Profilewww.somi.org
Mount Pleasant, MI
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.03x

Higher debt load relative to assets than 23% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

17th percentile

0.03x

Higher debt load relative to revenue than 17% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Net Margin

64th percentile

6.3%

Higher net margin than 64% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

74th percentile

9.9%

Faster asset growth than 74% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

58th percentile

4.7%

Faster revenue growth than 58% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$6,337,277

Up $568,930 (+9.9%) from 2011

Net Assets

Up

$6,134,975

Up $582,436 (+10%) from 2011

Liabilities

Down

$202,302

Down $13,506 (-6.3%) from 2011

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin64th percentile

Revenue

Up

$5,906,055

Up $266,745 (+4.7%) from 2011

Expenses

Up

$5,531,471

Up $230,913 (+4.4%) from 2011

Net Income

Up

$374,584

Up $35,832 (+11%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $5,768,347Liabilities 2011: $215,808Net Assets 2011: $5,552,5392011Assets 2012: $6,337,277Liabilities 2012: $202,302Net Assets 2012: $6,134,9752012Assets 2013: $7,007,182Liabilities 2013: $243,975Net Assets 2013: $6,763,2072013Assets 2014: $7,452,453Liabilities 2014: $243,940Net Assets 2014: $7,208,5132014Assets 2015: $8,296,799Liabilities 2015: $241,205Net Assets 2015: $8,055,5942015Assets 2016: $9,108,354Liabilities 2016: $294,775Net Assets 2016: $8,813,5792016Assets 2017: $10,407,795Liabilities 2017: $307,169Net Assets 2017: $10,100,6262017Assets 2018: $9,990,889Liabilities 2018: $278,927Net Assets 2018: $9,711,9622018Assets 2019: $16,383,562Liabilities 2019: $3,607,269Net Assets 2019: $12,776,2932019Assets 2020: $19,713,989Liabilities 2020: $2,804,411Net Assets 2020: $16,909,5782020Assets 2021: $23,738,769Liabilities 2021: $1,188,375Net Assets 2021: $22,550,3942021Assets 2022: $23,149,728Liabilities 2022: $309,675Net Assets 2022: $22,840,0532022Assets 2023: $34,271,142Liabilities 2023: $849,287Net Assets 2023: $33,421,8552023Assets 2024: $41,978,873Liabilities 2024: $957,759Net Assets 2024: $41,021,1142024

Highlighted filing

2012

Assets$6,337,277
Liabilities$202,302
Net Assets$6,134,975
Open 2012 Filing

Operations Trend

Revenue Growth58th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2011: $5,639,310Expenses 2011: $5,300,558Net Income 2011: $338,7522011Revenue 2012: $5,906,055Expenses 2012: $5,531,471Net Income 2012: $374,5842012Revenue 2013: $6,011,684Expenses 2013: $5,580,753Net Income 2013: $430,9312013Revenue 2014: $6,548,091Expenses 2014: $6,089,819Net Income 2014: $458,2722014Revenue 2015: $7,312,625Expenses 2015: $6,444,823Net Income 2015: $867,8022015Revenue 2016: $7,184,888Expenses 2016: $6,621,950Net Income 2016: $562,9382016Revenue 2017: $7,782,021Expenses 2017: $6,948,490Net Income 2017: $833,5312017Revenue 2018: $7,694,440Expenses 2018: $7,421,812Net Income 2018: $272,6282018Revenue 2019: $8,798,956Expenses 2019: $6,898,162Net Income 2019: $1,900,7942019Revenue 2020: $8,185,874Expenses 2020: $5,030,379Net Income 2020: $3,155,4952020Revenue 2021: $10,034,005Expenses 2021: $5,231,733Net Income 2021: $4,802,2722021Revenue 2022: $10,928,476Expenses 2022: $8,252,400Net Income 2022: $2,676,0762022Revenue 2023: $15,441,956Expenses 2023: $9,412,062Net Income 2023: $6,029,8942023Revenue 2024: $17,168,671Expenses 2024: $10,353,146Net Income 2024: $6,815,5252024

Highlighted filing

2012

Revenue$5,906,055
Expenses$5,531,471
Net Income$374,584
Open 2012 Filing
Filing Detail Status

This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
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Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Mission and Program Overview

Mission

The mission of Special Olympics Michigan SOMI is to provide year-round sports training and athletic competition for children and adults with intellectual disabilities. Athletes develop physical fitness, courage and experience joy while participating in the sharing of gifts, skills and friendship among their families, athletes and the community.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$6,337,277
Liabilities
$202,302
Net assets
$6,134,975
Revenue
$5,906,055
Expenses
$5,531,471
Net income
$374,584
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.0$0.96$41.0$17.2$10.4$6.82
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.3$0.85$33.4$15.4$9.41$6.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.1$0.31$22.8$10.9$8.25$2.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.7$1.19$22.6$10.0$5.23$4.80
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.7$2.80$16.9$8.19$5.03$3.16
2019Summary only. Only limited summary data is available for this year.$16.4$3.61$12.8$8.80$6.90$1.90
2018Summary only. Only limited summary data is available for this year.$9.99$0.28$9.71$7.69$7.42$0.27
2017Summary only. Only limited summary data is available for this year.$10.4$0.31$10.1$7.78$6.95$0.83
2016Summary only. Only limited summary data is available for this year.$9.11$0.29$8.81$7.18$6.62$0.56
2015Summary only. Only limited summary data is available for this year.$8.30$0.24$8.06$7.31$6.44$0.87
2014Summary only. Only limited summary data is available for this year.$7.45$0.24$7.21$6.55$6.09$0.46
2013Summary only. Only limited summary data is available for this year.$7.01$0.24$6.76$6.01$5.58$0.43
2012Summary only. Only limited summary data is available for this year.$6.34$0.20$6.13$5.91$5.53$0.37
2011Summary only. Only limited summary data is available for this year.$5.77$0.22$5.55$5.64$5.30$0.34
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2012 filings • 501(c)3 • $5M-$10M nonprofits