Totals
- Total revenue
- $1,188,179
- Total expenses
- $928,738
- Contributions and grants received
- $1,250,828
- Grants paid
- $22,642
- Program service revenue
- $0
- Investment income
- $40,860
- Other revenue
- -$103,509
- Total assets, end of year
- $2,705,796
- Total liabilities, end of year
- $507,767
- Net assets or fund balances, end of year
- $2,198,029
- Program services expenses (Part IX)
- $513,636
- Management and general expenses
- $278,369
- Fundraising expenses
- $136,733
- Program service expenses (Part III)
- $513,636
Program services were 55.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$749,608
-
1e · Government grants (contributions)
$11,279
-
1f · All other contributions, gifts and grants
$489,941
-
1g · Noncash contributions included above
$13,362
-
3 · Investment income
total $32,657 · related or exempt $32,657
-
7a · Gross sales of assets other than inventory
securities $10,954
-
7b · Less cost or other basis and sales expenses
securities $2,751
-
7c · Gain or loss
securities $8,203
-
7d · Net gain or loss
total $8,203 · related or exempt $8,203
-
8a · Fundraising events: gross income
$36,430
-
8a · Fundraising events: contributions included on line 1c
$749,608
-
8b · Fundraising events: direct expenses
$139,939
-
8c · Net income from fundraising events
total -$103,509
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $22,642 · program services $22,642
-
5 · Compensation of officers, directors and key employees
total $129,427 · program services $25,885 · management and general $64,714 · fundraising $38,828
-
7 · Other salaries and wages
total $364,538 · program services $252,954 · management and general $80,081 · fundraising $31,503
-
8 · Pension plan contributions
total $11,851 · program services $7,624 · management and general $3,007 · fundraising $1,220
-
9 · Other employee benefits
total $46,330 · program services $27,859 · management and general $12,821 · fundraising $5,650
-
10 · Payroll taxes
total $37,258 · program services $21,237 · management and general $10,805 · fundraising $5,216
-
11b · Fees: legal
total $28,300 · management and general $28,300
-
11c · Fees: accounting
total $21,528 · management and general $21,528
-
11g · Fees: other
total $36,325 · program services $19,912 · management and general $5,771 · fundraising $10,642
-
12 · Advertising and promotion
total $5,326 · program services $3,193 · management and general $238 · fundraising $1,895
-
13 · Office expenses
total $11,504 · program services $7,003 · management and general $2,937 · fundraising $1,564
-
14 · Information technology
total $48,018 · program services $28,161 · management and general $13,379 · fundraising $6,478
-
16 · Occupancy
total $64,965 · program services $37,618 · management and general $18,443 · fundraising $8,904
-
17 · Travel
total $42,808 · program services $27,862 · management and general $8,835 · fundraising $6,111
-
19 · Conferences, conventions and meetings
total $2,990 · program services $1,443 · management and general $585 · fundraising $962
-
21 · Payments to affiliates
total $19,156 · program services $9,578 · fundraising $9,578
-
22 · Depreciation, depletion and amortization
total $8,118 · program services $4,627 · management and general $2,354 · fundraising $1,137
-
23 · Insurance
total $14,120 · program services $8,451 · management and general $3,594 · fundraising $2,075
-
24a · Other expenses: BANK, CREDIT CARD & OTHER
total $13,534 · program services $7,587 · management and general $977 · fundraising $4,970
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,344,739
-
2 · Savings and temporary cash investments
beginning of year $279,186 · end of year $1,915,468
-
3 · Pledges and grants receivable
beginning of year $117,223 · end of year $94,390
-
4 · Accounts receivable
beginning of year $54,678 · end of year $102,794
-
9 · Prepaid expenses and deferred charges
beginning of year $13,484 · end of year $18,954
-
10a · Land, buildings and equipment: cost or other basis
$223,477
-
10b · Land, buildings and equipment: accumulated depreciation
$223,477
-
10c · Land, buildings and equipment, net
beginning of year $8,117
-
11 · Investments: publicly traded securities
beginning of year $182,591 · end of year $217,982
-
15 · Other assets
beginning of year $371,147 · end of year $356,208
-
17 · Accounts payable and accrued expenses
beginning of year $33,511 · end of year $42,646
-
19 · Deferred revenue
beginning of year $47,573 · end of year $105,278
-
25 · Other liabilities
beginning of year $374,782 · end of year $359,843
-
27 · Net assets without donor restrictions
beginning of year $1,849,192 · end of year $1,709,995
-
28 · Net assets with donor restrictions
beginning of year $66,107 · end of year $488,034
Mission and programs · 2023
Mission
SPECIAL OLYMPICS VERMONT (SOVT) IS PART OF A GLOBAL MOVEMENT THAT WORKS YEAR-ROUND TO FOSTER INCLUSION AND ACCEPTANCE OF PEOPLE WITH INTELLECTUAL DISABILITIES BY USING THE POWER OF SPORT TO SHOWCASE THEIR GIFTS AND ABILITIES. SOVT CONTRIBUTES TO THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL DEVELOPMENT OF PEOPLE WITH INTELLECTUAL DISABILITIES. THROUGH SUCCESSFUL EXPERIENCES IN SPORTS, SOVT ATHLETES GAIN CONFIDENCE AND BUILD POSITIVE SELF-IMAGES, WHICH FOLLOW THEM INTO THEIR HOMES, CLASSROOMS, JOBS, AND COMMUNITIES.
-
SPECIAL OLYMPICS VERMONT (SOVT) IS PART OF A GLOBAL MOVEMENT THAT WORKS YEAR-ROUND TO FOSTER INCLUSION AND ACCEPTANCE OF PEOPLE WITH INTELLECTUAL DISABILITIES BY USING THE POWER OF SPORT TO SHOWCASE THEIR GIFTS AND ABILITIES. SOVT CONTRIBUTES TO THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL DEVELOPMENT OF PEOPLE WITH INTELLECTUAL DISABILITIES. THROUGH SUCCESSFUL EXPERIENCES IN SPORTS, SOVT ATHLETES GAIN CONFIDENCE AND BUILD POSITIVE SELF-IMAGES, WHICH FOLLOW THEM INTO THEIR HOMES, CLASSROOMS, JOBS, AND COMMUNITIES. SOVT COORDINATES THE ACTIVITIES OF OVER 1,000 VOLUNTEERS WORKING IN SCHOOLS AND COMMUNITIES THROUGHOUT VERMONT TO HELP RAISE FUNDS AND FULFILL ITS MISSION.
Expenses $513,636 · Grants $22,642
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sarah McCaffrey As Of July 2023SARAH MCCAFFREY AS OF JULY 2023
PRESIDENT &
- Total calculated
- $59,769
- From this org
- $59,769
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Melissa Shea Until June 30 2023MELISSA SHEA UNTIL JUNE 30 2023
PRESIDENT &
- Total calculated
- $69,657
- From this org
- $62,302
- From related orgs
- $0
- Other
- $7,355
- Hours/week
- 40
-
Jay NunnJAY NUNN
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Dakota BrizendineDAKOTA BRIZENDINE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Amy WoodAMY WOOD
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Gary SarachanGARY SARACHAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Ashley SandyASHLEY SANDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Stephen ContompasisDR STEPHEN CONTOMPASIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Virginia MerriamVIRGINIA MERRIAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kyle NicholsKYLE NICHOLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bobby TorneyBOBBY TORNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peggy DayPEGGY DAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Riley DickieRILEY DICKIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sean FaheySEAN FAHEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daeton OrtonDAETON ORTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John RileyJOHN RILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ed TownleyED TOWNLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa KeysarLISA KEYSAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Julie CrosierJULIE CROSIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark MastMARK MAST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Justin O'BrienJUSTIN O'BRIEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
BRATTLEBORO UNION HIGH SCHOOL
$6,440
SCHOOL FUNDING
-
EDMUNDS MIDDLE SCHOOL
$5,270
SCHOOL FUNDING
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · SPORTS · DC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202443199349313694
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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