Civic Intelligence

Special Olympics Virginia Inc.

990 • Fiscal year 2012 • EIN 54-1013637

Jan 01, 2012 to Dec 31, 2012 • Filed on Jul 10, 2013

3212 Skipwith Road No 10023294
Siviq Scores

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

Liabilities / Assets

25th percentile

0.04x

Higher debt load relative to assets than 25% of similar nonprofits.

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

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

82nd percentile

15%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$7,463,124

Up $981,568 (+15%) from 2011

Net Assets

Up

$7,177,732

Up $957,126 (+15%) from 2011

Liabilities

Up

$285,392

Up $24,442 (+9.4%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,482,264

Up $103,851 (+2.4%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $6,110,733Liabilities 2010: $210,972Net Assets 2010: $5,899,7612010Assets 2011: $6,481,556Liabilities 2011: $260,950Net Assets 2011: $6,220,6062011Assets 2012: $7,463,124Liabilities 2012: $285,392Net Assets 2012: $7,177,7322012Assets 2013: $8,186,004Liabilities 2013: $223,985Net Assets 2013: $7,962,0192013Assets 2014: $8,617,722Liabilities 2014: $329,409Net Assets 2014: $8,288,3132014Assets 2015: $8,519,265Liabilities 2015: $227,432Net Assets 2015: $8,291,8332015Assets 2016: $9,027,786Liabilities 2016: $208,123Net Assets 2016: $8,819,6632016Assets 2017: $9,491,710Liabilities 2017: $212,544Net Assets 2017: $9,279,1662017Assets 2018: $9,405,036Liabilities 2018: $226,075Net Assets 2018: $9,178,9612018Assets 2019: $10,497,130Liabilities 2019: $263,059Net Assets 2019: $10,234,0712019Assets 2020: $11,537,224Liabilities 2020: $121,623Net Assets 2020: $11,415,6012020Assets 2021: $13,473,653Liabilities 2021: $643,557Net Assets 2021: $12,830,0962021Assets 2022: $15,848,620Liabilities 2022: $2,605,244Net Assets 2022: $13,243,3762022Assets 2023: $16,696,692Liabilities 2023: $2,305,507Net Assets 2023: $14,391,1852023Assets 2024: $18,838,336Liabilities 2024: $2,841,107Net Assets 2024: $15,997,2292024

Highlighted filing

2012

Assets$7,463,124
Liabilities$285,392
Net Assets$7,177,732

Operations Trend

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

$10M$5.0M$0Expenses 2010: $4,347,5182010Expenses 2011: $4,378,4132011Expenses 2012: $4,482,2642012Revenue 2013: $4,914,363Expenses 2013: $4,346,118Net Income 2013: $568,2452013Revenue 2014: $5,074,549Expenses 2014: $4,599,951Net Income 2014: $474,5982014Revenue 2015: $4,894,900Expenses 2015: $4,726,673Net Income 2015: $168,2272015Revenue 2016: $5,086,097Expenses 2016: $4,795,525Net Income 2016: $290,5722016Revenue 2017: $5,038,720Expenses 2017: $4,833,080Net Income 2017: $205,6402017Revenue 2018: $5,164,883Expenses 2018: $4,788,952Net Income 2018: $375,9312018Revenue 2019: $5,325,648Expenses 2019: $4,918,879Net Income 2019: $406,7692019Revenue 2020: $4,833,027Expenses 2020: $3,960,234Net Income 2020: $872,7932020Revenue 2021: $5,499,279Expenses 2021: $4,162,524Net Income 2021: $1,336,7552021Revenue 2022: $6,911,807Expenses 2022: $5,390,369Net Income 2022: $1,521,4382022Revenue 2023: $6,408,163Expenses 2023: $6,012,391Net Income 2023: $395,7722023Revenue 2024: $8,172,533Expenses 2024: $6,996,915Net Income 2024: $1,175,6182024

Highlighted filing

2012

Revenue-
Expenses$4,482,264
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jul 10, 2013
Return Version
2012v2.1
Gross Receipts
$6,784,671
Mission and Program Overview

Mission

Special olympics virginia, inc. Is a nonstock corporation that provides year-round sports training and athletic competition in a variety of olympic-type sports for children and adults with intellectual disabilities at no cost to the athletes or their families. The organization provides opportunities for people with intellectual disabilities to develop physical fitness, demonstrate courage, experience joy and participate in a sharing of gifts, skills and friendship with their families, other special olympics athletes and the community. Through the power of sports, our goal is to reveal the champion in all of us.

Major Activities

Activity 2
Summer games: our largest statewide competition, is nothing short of legendary thanks to the overwhelming support of more than 3,000 local volunteers who brave the summer heat to assist more than 1,300 special olympics virginia athletes each june in richmond, va. Athletes come from all corners of the state to compete in swimming, softball, track & field, bowling, powerlifting and tennis. This event also features over 2,000 enthusiastic fans in the stands thanks to our volunteer to cheer campaign, as well as our annual healthy athletes expo, where athletes can receive free vision, hearing, dental and fitness screenings.
Activity 3
Fall championships: thousands of athletes, coaches, families and volunteers come together for a weekend of memorable fun during the fall championships each november in virginia beach. More than 1,000 athletes wrap up the fall sports season as they go for the gold in roller skating, bowling, volleyball, golf, soccer and bocce. Don't-miss-moments include a magical opening ceremony, followed by an evening of music and games at the victory dance and olympic town festival. And thanks to our volunteer to cheer initiative, this event continues to grow in size and popularity, with more than 1,000 local community members filling the stands with cheers in 2012.
Filing and Contact Details

Filer

EIN
54-1013637
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IRS990/Activity2/Description0SUMMER GAMES: OUR LARGEST STATEWIDE COMPETITION, IS NOTHING SHORT OF LEGENDARY THANKS TO THE OVERWHELMING SUPPORT OF MORE THAN 3,000 LOCAL VOLUNTEERS WHO BRAVE THE SUMMER HEAT TO ASSIST MORE THAN 1,300 SPECIAL OLYMPICS VIRGINIA ATHLETES EACH JUNE IN RICHMOND, VA. ATHLETES COME FROM ALL CORNERS OF THE STATE TO COMPETE IN SWIMMING, SOFTBALL, TRACK & FIELD, BOWLING, POWERLIFTING AND TENNIS. THIS EVENT ALSO FEATURES OVER 2,000 ENTHUSIASTIC FANS IN THE STANDS THANKS TO OUR VOLUNTEER TO CHEER CAMPAIGN, AS WELL AS OUR ANNUAL HEALTHY ATHLETES EXPO, WHERE ATHLETES CAN RECEIVE FREE VISION, HEARING, DENTAL AND FITNESS SCREENINGS.
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IRS990/Activity3/Description0FALL CHAMPIONSHIPS: THOUSANDS OF ATHLETES, COACHES, FAMILIES AND VOLUNTEERS COME TOGETHER FOR A WEEKEND OF MEMORABLE FUN DURING THE FALL CHAMPIONSHIPS EACH NOVEMBER IN VIRGINIA BEACH. MORE THAN 1,000 ATHLETES WRAP UP THE FALL SPORTS SEASON AS THEY GO FOR THE GOLD IN ROLLER SKATING, BOWLING, VOLLEYBALL, GOLF, SOCCER AND BOCCE. DON'T-MISS-MOMENTS INCLUDE A MAGICAL OPENING CEREMONY, FOLLOWED BY AN EVENING OF MUSIC AND GAMES AT THE VICTORY DANCE AND OLYMPIC TOWN FESTIVAL. AND THANKS TO OUR VOLUNTEER TO CHEER INITIATIVE, THIS EVENT CONTINUES TO GROW IN SIZE AND POPULARITY, WITH MORE THAN 1,000 LOCAL COMMUNITY MEMBERS FILLING THE STANDS WITH CHEERS IN 2012.
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IRS990/ActivityOrMissionDescription0SPECIAL OLYMPICS PROVIDES 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 FRIENDSHIP WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES AND THE COMMUNITY.
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IRS990/FundsToPayPremiums00
IRS990/GainOrLoss/Other0-168
IRS990/GainOrLoss/Securities044816
IRS990/Gaming01
IRS990/GamingDirectExpenses021301
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossAmountSalesAssets/Securities01132132
IRS990/GrossIncomeFundraisingEvents01926898
IRS990/GrossIncomeGaming048669
IRS990/GrossReceipts06784671
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/Insurance/Fundraising0872
IRS990/Insurance/ManagementAndGeneral04957
IRS990/Insurance/ProgramServices049614
IRS990/Insurance/Total055443
IRS990/InvestmentIncomeCurrentYear0153340
IRS990/InvestmentIncome/ExclusionAmount0108692
IRS990/InvestmentIncomePriorYear0145304
IRS990/InvestmentIncome/TotalRevenueColumn0108692
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsPubTradedSecurities/BOY02874631
IRS990/InvestmentsPubTradedSecurities/EOY03267022
IRS990/JointCosts0X
IRS990/LandBldgEquipmentAccumDeprec0287228
IRS990/LandBuildingsEquipmentBasis0435259
IRS990/LandBuildingsEquipmentBasisNet/BOY0182395
IRS990/LandBuildingsEquipmentBasisNet/EOY0148031
IRS990/LessCostOthBasisSalesExpenses/Other0168
IRS990/LessCostOthBasisSalesExpenses/Securities01087316
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities01
IRS990/LocalChapters01
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0SPECIAL OLYMPICS VIRGINIA, INC. IS A NONSTOCK CORPORATION THAT PROVIDES YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES AT NO COST TO THE ATHLETES OR THEIR FAMILIES. THE ORGANIZATION PROVIDES OPPORTUNITIES FOR PEOPLE WITH INTELLECTUAL DISABILITIES TO DEVELOP PHYSICAL FITNESS, DEMONSTRATE COURAGE, EXPERIENCE JOY AND PARTICIPATE IN A SHARING OF GIFTS, SKILLS AND FRIENDSHIP WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES AND THE COMMUNITY. THROUGH THE POWER OF SPORTS, OUR GOAL IS TO REVEAL THE CHAMPION IN ALL OF US.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0RICHARD P JEFFREY III
IRS990/NbrIndependentVotingMembers022
IRS990/NbrVotingGoverningBodyMembers023
IRS990/NbrVotingMembersGoverningBody023
IRS990/NetAssetsOrFundBalancesBOY06220606
IRS990/NetAssetsOrFundBalancesEOY07177732
IRS990/NetGainOrLossInvestments/ExclusionAmount044648
IRS990/NetGainOrLossInvestments/TotalRevenueColumn044648
IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount01484975
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn01484975
IRS990/NetIncomeFromGaming/ExclusionAmount027368
IRS990/NetIncomeFromGaming/TotalRevenueColumn027368
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoncashContributions012694
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096083
IRS990/NumberIndependentVotingMembers022
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfContractorsGT100K01
IRS990/NumberOfEmployees043
IRS990/NumberW2GIncluded01
IRS990/Occupancy/Fundraising029573
IRS990/Occupancy/ManagementAndGeneral012930
IRS990/Occupancy/ProgramServices0164656
IRS990/Occupancy/Total0207159
IRS990/OfficeExpenses/Fundraising016081
IRS990/OfficeExpenses/ManagementAndGeneral08626
IRS990/OfficeExpenses/ProgramServices0315760
IRS990/OfficeExpenses/Total0340467
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY010644
IRS990/OtherAssetsTotal/EOY010644
IRS990/OtherEmployeeBenefits/Fundraising039729
IRS990/OtherEmployeeBenefits/ManagementAndGeneral015620
IRS990/OtherEmployeeBenefits/ProgramServices0210751
IRS990/OtherEmployeeBenefits/Total0266100
IRS990/OtherExpensePriorYear02129989
IRS990/OtherExpensesCurrentYear02172449
IRS990/OtherExpenses/Description0PUBLIC EDUCATION
IRS990/OtherExpenses/Description1FACILITIES RENTAL
IRS990/OtherExpenses/Description2EQUIPMENT RENTAL, MAINT
IRS990/OtherExpenses/Description3NATIONAL ACCREDITATION
IRS990/OtherExpenses/Fundraising011245
IRS990/OtherExpenses/ManagementAndGeneral0381
IRS990/OtherExpenses/ManagementAndGeneral111695
IRS990/OtherExpenses/ProgramServices0257475
IRS990/OtherExpenses/ProgramServices1166736
IRS990/OtherExpenses/ProgramServices275634
IRS990/OtherExpenses/ProgramServices378311
IRS990/OtherExpenses/Total0257475
IRS990/OtherExpenses/Total1167117
IRS990/OtherExpenses/Total298574
IRS990/OtherExpenses/Total378311
IRS990/OtherRevenueCurrentYear01513585
IRS990/OtherRevenueMisc/BusinessCode0900099
IRS990/OtherRevenueMisc/Description0MISCELLANEOUS
IRS990/OtherRevenueMisc/ExclusionAmount01242
IRS990/OtherRevenueMisc/TotalRevenueColumn01242
IRS990/OtherRevenuePriorYear01207439
IRS990/OwnWebsite0X
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Fundraising018176

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.8$2.84$16.0$8.17$7.00$1.18
2023Detailed filing. Detailed filing data is available for this year.$16.7$2.31$14.4$6.41$6.01$0.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$2.61$13.2$6.91$5.39$1.52
2021Detailed filing. Detailed filing data is available for this year.$13.5$0.64$12.8$5.50$4.16$1.34
2020Detailed filing. Detailed filing data is available for this year.$11.5$0.12$11.4$4.83$3.96$0.87
2019Detailed filing. Detailed filing data is available for this year.$10.5$0.26$10.2$5.33$4.92$0.41
2018Detailed filing. Detailed filing data is available for this year.$9.41$0.23$9.18$5.16$4.79$0.38
2017Detailed filing. Detailed filing data is available for this year.$9.49$0.21$9.28$5.04$4.83$0.21
2016Detailed filing. Detailed filing data is available for this year.$9.03$0.21$8.82$5.09$4.80$0.29
2015Detailed filing. Detailed filing data is available for this year.$8.52$0.23$8.29$4.89$4.73$0.17
2014Detailed filing. Detailed filing data is available for this year.$8.62$0.33$8.29$5.07$4.60$0.47
2013Detailed filing. Detailed filing data is available for this year.$8.19$0.22$7.96$4.91$4.35$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.46$0.29$7.18$4.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.48$0.26$6.22$4.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.11$0.21$5.90$4.35