2023-11-14T14:48:31-06:00 2022-12-31 390758449 WIPFLI LLP 7733 FORSYTH BLVD SUITE 1200 ST LOUIS MO 63105 990 2022-01-01 201295769 SOMO ENDOWMENT FUND INC SOMO 5736351660 305 SPECIAL OLYMPICS DRIVE JEFFERSON CITY MO 65101 LARRY LINTHACUM PRESIDENT / CEO 5736351660 2023-11-11 1 LARRY LINTHACUM 999009999 1 KARYN A NUNN P00958489 3148622070 2023-11-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LARRY LINTHACUM 305 SPECIAL OLYMPICS DRIVE JEFFERSON CITY MO 65101 109950 0 X WWW.SOMO.ORG X 2005 MO SOMO ENDOWMENT FUND, INC. (THE FOUNDATION) WAS FORMED BY SPECIAL OLYMPICS MISSOURI, INC. TO ACT EXCLUSIVELY AS A SUPPORTING ORGANIZATION TO SPECIAL OLYMPICS MISSOURI, INC. 7 7 0 0 0 0 32450 109867 0 0 61 83 0 0 32511 109950 140000 1000 0 0 0 0 0 0 42087 19139 44487 159139 45487 -126628 64463 289573 355036 0 1000 289573 354036 X SOMO ENDOWMENT FUND, INC. (THE FOUNDATION) WAS FORMED BY SPECIAL OLYMPICS MISSOURI, INC. TO ACT EXCLUSIVELY AS A SUPPORTING ORGANIZATION TO SPECIAL OLYMPICS MISSOURI, INC. 0 0 1000 1000 THE FUNCTION OF THE FOUNDATION IS TO RAISE FUNDS ON BEHALF OF SPECIAL OLYMPICS MISSOURI, INC., IN ORDER TO ALLOW THEM TO MEET THEIR SHORT TERM GOALS OF PROVIDING SPORTS TRAINING AND ATHLETIC COMPETITION SERVICES TO ITS ATHLETES, LOCATED THROUGHOUT THE STATE, AND THEIR LONG TERM GOALS OF ESTABLISHING A VIABLE FOUNDATION TO PROVIDE SUPPORT TO SOMO AND ITS ATHLETES IN THE YEARS TO COME. TO THIS END, SOMO HAS SUBSTANTIALLY INCREASED ITS CAPACITY TO SERVE INDIVIDUALS THROUGH A STATE-OF-THE-ART TRAINING FOR LIFE CAMPUS (TLC). THE 34,000 SQUARE-FOOT FACILITY, ON 16.5 ACRES IN JEFFERSON CITY, IS CENTRALLY LOCATED FOR THE 6,249 SOMO ATHLETES AND MANY MORE WHO ARE NOT YET PARTICIPATING IN THE PROGRAM. THE CAMPUS OPENED IN AUGUST 2018 AND INCLUDES INDOOR FACILITIES AND AN OUTDOOR TRAINING FIELD AND TRAIL. THE REMAINING NINE ACRES WILL INCLUDE SOFTBALL, BOCCE, AND TENNIS COURTS AS WELL AS A LETR PLAZA. 1000 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X JERRY KLIETHERMES 5736351660 305 SPECIAL OLYMPICS DRIVE JEFFERSON CITY MO 65101 BRAD GRILL BOARD MEMBER - IMMEDIATE PAST PRESIDENT 4.00 1.00 X 0 0 0 LARRY ELROD SECRETARY/TREASURER 14.50 X X 0 0 0 RANDY BOEHM BOARD MEMBER 3.00 X 0 0 0 GLENDA KNEBEL BOARD MEMBER 3.00 2.00 X 0 0 0 TIM COX BOARD MEMBER 3.00 X 0 0 0 JENNA KERWOOD CHAIR 3.00 X X 0 0 0 BRIANA HAINES VICE CHAIR 3.00 X X 0 0 0 JEFF BUKER INTERIM PRESIDENT / CEO (THROUGH 08/2022) 3.00 35.00 X 0 91000 0 LARRY LINTHACUM PRESIDENT / CEO (BEGINNING 07/2021) 3.00 35.00 X 0 78531 0 0 169531 0 0 0 0 0 0 109867 109867 83 83 109950 0 0 83 1000 1000 2400 2400 1884 1884 BAD DEBT EXPENSE 40000 40000 MISCELLANEOUS EXPENSE 203 203 45487 1000 2400 42087 54482 48416 1216 251235 192453 11102 41422 44283 289573 355036 0 1000 0 1000 X 95120 340934 194453 13102 289573 354036 289573 355036 64463 0 X X 0 1 X 1 0 X X 1 SPECIAL OLYMPICS MISSOURIINC 237328374 7 1 1000 0 1 1000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CASH SURRENDER VALUE OF LIFE INSURANCE POLICY 41769 DUE FROM SPECIAL OLYMPICS MISSOURI 2514 44283 DUE TO SPECIAL OLYMPICS MISSOURI 1000 1000 X PART X, LINE 2: THE FOUNDATION IS A QUALIFIED NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FOLLOWS "FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION 740-10, INCOME TAXES - OVERALL". THE ORGANIZATION HAS ASSESSED ITS FEDERAL AND STATE TAX POSITIONS AND DETERMINED THAT THERE WERE NO UNRELATED BUSINESS INCOME TAXES AND NO UNCERTAINTIES OR POSSIBLE RELATED EFFECTS THAT NEED TO BE RECORDED AS OF OR FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF SOMO ENDOWMENT FUND, INC. (SEF) IS SPECIAL OLYMPICS MISSOURI, INC. (SOMO). SOMO IS THE SUPPORTED ORGANIZATION, AND IS THE BASIS FOR WHICH SEF HAS ITS TAX EXEMPTION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AT THE FIRST BOARD MEETING OF THE YEAR, BOARD MEMBERS ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY. THEY ARE ASKED TO READ IT, MAKE DISCLOSURES IF NECESSARY AND SIGN IT. DISCLOSURES OF ANY CONFLICTS ARE ALSO MADE ORALLY AT THE MEETING. SIGNED COPIES OF THE POLICY ARE MAINTAINED AT SOMO HEADQUARTERS. FORM 990, PART VI, SECTION C, LINE 18 THE AUDIT REPORT, ALONG WITH FORM 990, ARE AVAILABLE ON SOMO'S WEBSITE AT ALL TIMES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND INTERIM FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT SOMO'S HEADQUARTERS. THE AUDIT REPORT, ALONG WITH THE FORM 990, ARE AVAILABLE ON SOMO'S WEBSITE AT ALL TIMES. FORM 990 XII, LINE 2C OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. SELECTION OF INDEPENDENT ACCOUNTANT/FIRM IS RECOMMENDED BY THE FINANCE COMMITTEE TO THE FULL BOARD FOR APPROVAL EVERY THREE YEARS. OVERSIGHT OF THE AUDIT PROCESS, BY THE AUDIT COMMITTEE, HAS NOT CHANGED DURING THE CURRENT YEAR. SPECIAL OLYMPICS MISSOURI INC 305 SPECIAL OLYMPICS DRIVE JEFFERSON CITY MO 65101 237328374 THROUGH SPORTS, PERSONS W/INTELL DISAB GAIN ACCEPTANCE & INCLUSION MO 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 SPECIAL OLYMPICS MISSOURI INC B 1000 FMV