Civic Intelligence

Special Olympics Florida Foundation Inc.

990 • Fiscal year 2022 • EIN 45-3340920

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 10, 2023

Organization ProfileN/A
1915 Don Wickham DriveClermont, FL 34711

(352) 243-9536

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.04x

Higher debt load relative to assets than 32% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

99th percentile

170%

Higher net margin than 99% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

88th percentile

$288,387

Higher top officer pay than 88% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Down

$8,004,162

Down $1,972,517 (-20%) from 2021

Net Assets

Down

$7,696,343

Down $1,295,380 (-14%) from 2021

Liabilities

Down

$307,819

Down $677,137 (-69%) from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Down

-$554,275

Down $777,802 (-348%) from 2021

Expenses

Down

$389,460

Down $450,816 (-54%) from 2021

Net Income

Down

-$943,735

Down $326,986 (-53%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$10M$5.0M$0Assets 2011: $2,500Net Assets 2011: $2,5002011Assets 2012: $1,059,590Liabilities 2012: $0Net Assets 2012: $1,059,5902012Assets 2013: $1,105,313Liabilities 2013: $0Net Assets 2013: $1,105,3132013Assets 2014: $8,609,434Liabilities 2014: $1,100Net Assets 2014: $8,608,3342014Assets 2015: $8,448,497Liabilities 2015: $3,874Net Assets 2015: $8,444,6232015Assets 2016: $8,536,578Liabilities 2016: $0Net Assets 2016: $8,536,5782016Assets 2017: $9,589,259Liabilities 2017: $300,000Net Assets 2017: $9,289,2592017Assets 2018: $8,398,721Liabilities 2018: $36,148Net Assets 2018: $8,362,5732018Assets 2019: $8,882,196Liabilities 2019: $44,174Net Assets 2019: $8,838,0222019Assets 2020: $9,128,278Liabilities 2020: $144,680Net Assets 2020: $8,983,5982020Assets 2021: $9,976,679Liabilities 2021: $984,956Net Assets 2021: $8,991,7232021Assets 2022: $8,004,162Liabilities 2022: $307,819Net Assets 2022: $7,696,3432022Assets 2023: $8,383,738Liabilities 2023: $333,699Net Assets 2023: $8,050,0392023Assets 2024: $8,330,963Liabilities 2024: $368,078Net Assets 2024: $7,962,8852024

Highlighted filing

2022

Assets$8,004,162
Liabilities$307,819
Net Assets$7,696,343
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $2,5002011Expenses 2012: $7,6362012Revenue 2013: $41,859Expenses 2013: $8,093Net Income 2013: $33,7662013Revenue 2014: $20,670Expenses 2014: $9,329Net Income 2014: $11,3412014Revenue 2015: $382,688Expenses 2015: $67,612Net Income 2015: $315,0762015Revenue 2016: $183,305Expenses 2016: $63,372Net Income 2016: $119,9332016Revenue 2017: $376,193Expenses 2017: $368,180Net Income 2017: $8,0132017Revenue 2018: $231,794Expenses 2018: $346,150Net Income 2018: -$114,3562018Revenue 2019: $242,864Expenses 2019: $750,144Net Income 2019: -$507,2802019Revenue 2020: $161,967Expenses 2020: $464,256Net Income 2020: -$302,2892020Revenue 2021: $223,527Expenses 2021: $840,276Net Income 2021: -$616,7492021Revenue 2022: -$554,275Expenses 2022: $389,460Net Income 2022: -$943,7352022Revenue 2023: $249,798Expenses 2023: $437,190Net Income 2023: -$187,3922023Revenue 2024: $279,396Expenses 2024: $778,767Net Income 2024: -$499,3712024

Highlighted filing

2022

Revenue-$554,275
Expenses$389,460
Net Income-$943,735
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 10, 2023
Return Version
2022v5.0
Gross Receipts
$9,422,403
Mission and Program Overview

Mission

Supporting organization to Special

Supporting organization to Special Olympics Florida, Inc. To receive, hold, manage and invest funds to benefit Special Olympics Florida, Inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,976,679$8,004,162▼ $1,972,517
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$9,976,679$8,004,162▼ $1,972,517
Liabilities
Grants Payable$984,956$307,819▼ $677,137
Total Liabilities$984,956$307,819▼ $677,137
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,991,723$7,646,343▼ $1,345,380
Net Assets With Donor Restrictions-$50,000-
Total Net Assets Fund Balance$8,991,723$7,696,343▼ $1,295,380
Total Liabilities and Net Assets / Fund Balance$9,976,679$8,004,162▼ $1,972,517

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$30,000$30,000
Land$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$0$50,000--$50,000
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleOtherTotal
Sherry WheelockPresident$288,387$288,387

Board Members and Trustees

NameTitle
Chris KingChairperson
Dawn Giebler MilnerDirector
Emery GaineyDirector
Jim PayneDirector
Ron FulopDirector
Sherry Wheelock-
Revenue and Support

Revenue Composition

Contributions and Grants
$50,000
Program Service Revenue
$0
Investment Income
$-604,275
Other Revenue
$0
All Other Contributions
$50,000
Change in Net Assets
$-943,735

Audited Revenue Reconciliation

Revenue per Audited Statements
$-554,275
Revenue Not Reported on Form 990
$-351,645
Total Revenue per Audited Statements
$-905,920
Total Revenue per Form 990
$-554,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$300,000
Other Expenses$89,460
Total Fundraising Expense$89,460
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$300,000--$300,000
Fees for Services Management$0$0$89,460$89,460
Total Functional Expenses$300,000$0$89,460$389,460

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$389,460
Total Expenses per Audited Statements$389,460
Total Expenses per Form 990$389,460
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Special Olympics Florida IncClermont, FL3Programs$300,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Special Olympics Florida Foundation Inc
EIN
45-3340920
Phone
3522439536
Address
1915 Don Wickham Drive, Clermont, FL 34711

Signing Officer

Name
Sherry Wheelock
Title
President
Phone
3522439536
Signed
2023-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherry Wheelock
Formed
2011
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Reeder & Associates PA
Address
3339 W Bearss Avenue, Tampa, FL 33618
Preparer
Rick Reeder CPA
Phone
8139085310
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“All financial information required on the form 990 is accumulated by management. The draft of the form 990 is distributed to the board members to review.”

Pt VI, Line 12C

“Policy is anually reviewed and signed by the Board of Director members of the Organization.”

Pt VI, Line 15A

“An annual compensation survey is compiled using NFP compensation information obtained from the local business and recruiting firms is compared; no salaried officers at this time but the CEO of related Organization is board member.”

Financial Statement Notes

Pt V, Line 4

“The endowment fund's purpose is to provide income to Special Olympics Florida, Inc.”

Raw XML AppendixShowing 400 of 416 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Supporting organization to Special Olympics Florida, Inc. To receive, hold, manage and invest funds to benefit Special Olympics Florida, Inc.
IRS990/AllOtherContributionsAmt050000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0Sherry Wheelock
IRS990/BooksInCareOfDetail/PhoneNum03522439536
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01915 Don Wickman Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Clermont
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd034711
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt050000
IRS990/CYGrantsAndSimilarPaidAmt0300000
IRS990/CYInvestmentIncomeAmt0-604275
IRS990/CYOtherExpensesAmt089460
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-943735
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0389460
IRS990/CYTotalFundraisingExpenseAmt089460
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-554275
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0To receive, hold, manage,invest and distribute funds to benefit Special Olympics Florida, Inc.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt050000
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0300000
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/FundraisingAmt089460
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt089460
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt040632
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Sherry Wheelock
IRS990/Form990PartVIISectionAGrp/PersonNm1Chris King
IRS990/Form990PartVIISectionAGrp/PersonNm2Dawn Giebler Milner
IRS990/Form990PartVIISectionAGrp/PersonNm3Jim Payne
IRS990/Form990PartVIISectionAGrp/PersonNm4Ron Fulop
IRS990/Form990PartVIISectionAGrp/PersonNm5Emery Gainey
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0247755
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-699711
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt0300000
IRS990/GrantsPayableGrp/BOYAmt0984956
IRS990/GrantsPayableGrp/EOYAmt0307819
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0300000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0300000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09276967
IRS990/GrossReceiptsAmt09422403
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt095436
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt095436
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09976679
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08004162
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030000
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt030000
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09976678
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Supporting organization to Special Olympics Florida, Inc. To receive, hold, manage and invest funds to benefit Special Olympics Florida, Inc.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08991723
IRS990/NetAssetsOrFundBalancesEOYAmt07696343
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-699711
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-699711
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-351645
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08991723
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07646343
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Sherry Wheelock
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0750000
IRS990/PYInvestmentIncomeAmt0223527
IRS990/PYOtherExpensesAmt090276
IRS990/PYRevenuesLessExpensesAmt0-616749
IRS990/PYTotalExpensesAmt0840276
IRS990/PYTotalRevenueAmt0223527
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-943735
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0237181560
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0300000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Special Olympics Florida Inc
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0300000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt050000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0true
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030000
IRS990ScheduleD/ExpensesSubtotalAmt0389460
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-351645
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd0true
IRS990ScheduleD/RevenueNotReportedAmt0-351645
IRS990ScheduleD/RevenueSubtotalAmt0-554275
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The endowment fund's purpose is to provide income to Special Olympics Florida, Inc.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0389460
IRS990ScheduleD/TotalRevenuePerForm990Amt0-554275
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-905920
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0389460
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0300000
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Programs
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Special Olympics Florida Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0237181560
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01915 Don Wickham Dr
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Clermont
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd034711
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0247755
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt020812
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt019820
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Sherry Wheelock
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0288387
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All financial information required on the form 990 is accumulated by management. The draft of the form 990 is distributed to the board members to review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Policy is anually reviewed and signed by the Board of Director members of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An annual compensation survey is compiled using NFP compensation information obtained from the local business and recruiting firms is compared; no salaried officers at this time but the CEO of related Organization is board member.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Special Olympics Florida
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Special Olympics Florida Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237181560
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (c) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Serve adults & children with intellectual disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01915 Don Wickman Dr
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Clermont
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd034711
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Special Olympics Florida Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0s
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09976679
IRS990/TotalAssetsEOYAmt08004162
IRS990/TotalAssetsGrp/BOYAmt09976679
IRS990/TotalAssetsGrp/EOYAmt08004162
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt050000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt089460
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0300000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0389460
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0984956
IRS990/TotalLiabilitiesEOYAmt0307819
IRS990/TotalLiabilitiesGrp/BOYAmt0984956
IRS990/TotalLiabilitiesGrp/EOYAmt0307819
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08991723
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07696343
IRS990/TotalOtherCompensationAmt040632
IRS990/TotalProgramServiceExpensesAmt0300000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-604275
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-554275
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09976679
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08004162
IRS990/TotReportableCompRltdOrgAmt0247755
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01915 Don Wickman Drive
IRS990/USAddress/CityNm0Clermont
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034711
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Sherry Wheelock
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03522439536
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Special Olympics Florida Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0SPEC
ReturnHeader/Filer/EIN0453340920
ReturnHeader/Filer/PhoneNum03522439536
ReturnHeader/Filer/USAddress/AddressLine1Txt01915 Don Wickham Drive
ReturnHeader/Filer/USAddress/CityNm0Clermont
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034711
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,004,162
Liabilities
$307,819
Net assets
$7,696,343
Revenue
-$554,275
Expenses
$389,460
Net income
-$943,735
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.33$0.37$7.96$0.28$0.78$0.50
2023Detailed filing. Detailed filing data is available for this year.$8.38$0.33$8.05$0.25$0.44$0.19
2022Detailed filing. Detailed filing data is available for this year.$8.00$0.31$7.70$0.55$0.39$0.94
2021Detailed filing. Detailed filing data is available for this year.$9.98$0.98$8.99$0.22$0.84$0.62
2020Detailed filing. Detailed filing data is available for this year.$9.13$0.14$8.98$0.16$0.46$0.30
2019Detailed filing. Detailed filing data is available for this year.$8.88$0.04$8.84$0.24$0.75$0.51
2018Detailed filing. Detailed filing data is available for this year.$8.40$0.04$8.36$0.23$0.35$0.11
2017Detailed filing. Detailed filing data is available for this year.$9.59$0.30$9.29$0.38$0.37$0.01
2016Detailed filing. Detailed filing data is available for this year.$8.54$0.00$8.54$0.18$0.06$0.12
2015Detailed filing. Detailed filing data is available for this year.$8.45$0.00$8.44$0.38$0.07$0.32
2014Summary only. Only limited summary data is available for this year.$8.61$0.00$8.61$0.02$0.01$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.04$0.01$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00