2023-07-11T14:19:30-05:00 2022-12-31 710355269 LANDMARK PLC CPAS 200 W CAPITOL AVE SUITE 1700 LITTLE ROCK AR 72201 990 2022-01-01 710666671 SPECIAL OLYMPICS ARKANSAS INC SPEC 5017710222 601 ROCK STREET LITTLE ROCK AR 722022538 TERRI WEIR EXECUTIVE DIRECTOR 5017710222 2023-07-06 1 TERRI WEIR 999009999 0 RANDY L MILLIGAN CPA P00943582 5013752025 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TERRI WEIR 601 ROCK STREET LITTLE ROCK AR 722022538 2040083 0 X WWW.SPECIALOLYMPICSARKANSAS.ORG X 1970 AR TO EMPOWER INDIVIDUALS WITH INTELLECTUAL DISABILITIES. 18 18 11 25000 0 0 1390952 1603024 0 2500 -301461 53531 38748 -43343 1128239 1615712 0 0 0 0 651074 718347 0 0 168536 518393 996758 1169467 1715105 -41228 -99393 3761039 3314500 22690 79607 3738349 3234893 X TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR ALL 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. 0 0 1350624 PROVIDED YEAR ROUND SPORTS TRAINING AND COMPETITIONS IN TWENTY OLYMPIC TYPE SPORTS FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES. ALSO OFFERED ADDITIONAL PROGRAMS FOR ATHLETES' DEVELOPMENT AND FITNESS, INCLUDING: "HEALTHY HEARING" WHICH PROVIDED FREE HEARING SCREENINGS; "SPECIAL SMILES" WHICH OFFERED FREE DENTAL SCREENINGS; "OPENING EYES" WHICH PROVIDED FREE VISION SCREENINGS; "FUN FITNESS" WHERE OCCUPATIONAL AND PHYSICAL THERAPISTS MEASURED ATHLETES FLEXIBILITY AND NEED FOR OTHER TREATMENTS; "HEALTH PROMOTION" WHICH PROMOTED A HEALTHER ATHLETE FOR A HEALTHIER LIFESTYLE; AND "PROJECT UNIFY" INITIATIVES WHICH COMBINED SOCIAL, EDUCATIONAL, AND INCLUSIONAL OPPORTUNITIES THROUGH SPORTS. 1350624 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 0 1 1 1 1 0 AR X X TERRI WEIR 5017710222 2115 MAIN STREET NORTH LITTLE ROCK AR 72114 JOHN FOURNIER CHAIR 1.00 X X 0 0 0 ROSS RIDOUT VICE CHAIR 1.00 X X 0 0 0 FERDINAND FELIZCO FINANCE CHAIR 1.00 X X 0 0 0 BRIAN WALLACE SECRETARY 1.00 X X 0 0 0 DONNA MOREY IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 ROY ANDERLE BOARD MEMBER 1.00 X 0 0 0 DR VALARIE HILSON BOARD MEMBER 1.00 X 0 0 0 JERRY BRIDGES BOARD MEMBER 1.00 X 0 0 0 JAY CLEVENGER BOARD MEMBER 1.00 X 0 0 0 BRINDA GARRETT BOARD MEMBER 1.00 X 0 0 0 RAUL DALLAS BOARD MEMBER 1.00 X 0 0 0 DR CHARLIE GREEN BOARD MEMBER 1.00 X 0 0 0 KARA NEWMAN BOARD MEMBER 1.00 X 0 0 0 NICK LASKER BOARD MEMBER 1.00 X 0 0 0 SHARON JOHNSON BOARD MEMBER 1.00 X 0 0 0 JOEY WIGGINS BOARD MEMBER 1.00 X 0 0 0 MARY JANE RUSSELL DIRECTOR EMERITUS 1.00 X 0 0 0 SARAH SEALY DIRECTOR EMERITUS 1.00 X 0 0 0 TERRI WEIR EXECUTIVE DIRECTOR 40.00 X 118426 0 17557 118426 0 17557 1 0 0 0 0 372985 483806 746233 23241 1603024 SPORTS CAMP 711210 2500 2500 2500 56144 56144 249266 251547 332 -2281 -332 -2613 -2613 112957 372985 172492 -59535 -59535 MISCELLANEOUS INCOME 900099 16192 16192 16192 1615712 2500 0 10188 135983 54393 74791 6799 474819 367129 37005 70685 24373 18193 1584 4596 38243 26897 4795 6551 44929 29204 8986 6739 17315 866 14717 1732 16679 16679 12579 9707 914 1958 23017 13072 5536 4409 29908 22788 6437 683 51649 42370 4639 4640 33640 28594 1682 3364 34644 32857 1340 447 38 38 8468 8045 423 27903 26508 1395 PROGRAM ACTIVITIES 653195 590005 12638 50552 MISCELLANEOUS 46873 40981 528 5364 DUES & SUBSCRIPTIONS 33485 32475 1010 EQUIPMENT RENTAL & REPA 7029 6490 539 336 50 269 17 1715105 1350624 195945 168536 52318 121277 929942 665837 32989 55945 17780 10675 65911 33968 33130 31943 2156588 1904757 538292 524066 3761039 3314500 5717 18318 16973 0 0 61289 22690 79607 X 3200057 2730210 538292 504683 3738349 3234893 3761039 3314500 -99393 -404063 0 X 0 1 X 1 0 X 1566263 1437905 1386858 1390952 1603024 7385002 1566263 1437905 1386858 1390952 1603024 7385002 53076 7331926 67160 51362 60888 62897 56144 298451 49230 53325 31353 23960 16192 174060 7857513 28422 0.93310 0.92180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1349047 -200269 1148778 1307598 41449 1349047 1184365 123233 1307598 875986 161916 146463 1184365 968434 -92448 875986 0.60000 0.40000 1 0 20000 20000 45911 33968 11943 31943 BENEFICIAL INTEREST IN ASSETS - ARCF 462683 FINANCE LEASE RIGHT OF USE ASSET 3434 OPERATING LEASE RIGHT OF USE ASSET 57949 524066 FINANCE LEASE LIABILITY 3340 OPERATING LEASE LIABILITY 57949 61289 X 1383662 -404063 16200 172492 -215371 1599033 16679 16679 1615712 1887118 16200 172492 188692 1698426 16679 16679 1715105 PART V, LINE 4: SPECIAL OLYMPICS MAINTAINS ENDOWMENT FUNDS FOR A VARIETY OF PURPOSES. PART X, LINE 2: SPECIAL OLYMPICS IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF THE SECTION 509(A) OF THE CODE. ACCOUNTING STANDARDS REQUIRE SPECIAL OLYMPICS TO EVALUATE TAX POSITIONS AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS). SPECIAL OLYMPICS HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SPECIAL OLYMPICS MAY BE SUBJECT TO AUDIT BY THE IRS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 172,492. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 172,492. POLAR PLUNGE 202910 182619 20291 27139 CHARITY OLIVE HOUR 76007 64606 11401 16357 9 207025 125760 81265 128996 485942 372985 112957 172492 172492 -59535 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS INITIALLY REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FINANCE CHAIR. AFTER REVISIONS HAVE BEEN MADE A COPY IS PROVIDED TO THE FULL BOARD SO THAT EACH BOARD MEMBER CAN REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S COMPENSATION EVALUATION IS PART OF THE ANNUAL BUDGET PROCESS. THIS PROCESS INCLUDES REVIEW BY THE FINANCE CHAIR BEFORE PRESENTATION TO THE FULL BOARD WHERE COMPARISON TO SIMILAR ORGANIZATIONS, PERFORMANCE, AND ACHIEVEMENT OF GOALS ARE EVALUATED BEFORE THE BUDGET IS VOTED ON BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ADDRESS LISTED ON PAGE 1. THE FORM 990 IS ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE LISTED ON PAGE 1.