2015 Special Olympics World Summer Games Organizing Committee Inc in Los Angeles, California (CA)

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2015 Special Olympics World Summer Games Organizing Committee Inc
Employer Identification Number (EIN)452853870
Name of Organization2015 Special Olympics World Summer Games Organizing Committee Inc
Address350 S Grand Ave Ste 200, Los Angeles, CA 90071-3469
SubsectionCharitable Organization
Ruling Date10/2012
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$4,508,846
Amount of Income$3,477,304
Form 990 Revenue Amount$3,477,304
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Special Olympics


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Amount of income in 2013: $3,477,304 (it was $4,739,575 in 2012)
This organization: 

 $3,477,304
Other organizations performing similar types of work: 

 $43,158

Assets in 2013: $4,508,846 (it was $4,280,466 in 2012)
2015 Special Olympics World Summer Games Organizing Committee Inc: 

 $4,508,846
Other organizations performing similar types of work: 

 $39,266

Expenses in 2012: $1,415,278
This organization: 

 $1,415,278
Other organizations performing similar types of work: 

 $46,397

Income to expenses ratio in 2012: 2.5
This organization: 

 2.5
Other organizations performing similar types of work: 

 1.4

Number of employees in 2012: 4
2015 Special Olympics World Summer Games Organizing Committee Inc: 

 4
Other organizations performing similar types of work: 

 1

Employees paid over $100,000 in 2012: 50.0%
This organization: 

 50.0%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2012: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 90.7%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$4,734,788
Contributions, Gifts, Grants and Other Similar Amounts$4,733,447
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net loss from fundraising events$-4,787
Gross income from fundraising events$0
Less: direct expenses$4,787
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$6,128
Statement of Functional Expenses (for 2012)
Total functional expenses$1,415,278
Compensation of current officers, directors, trustees, and key employees$725,677
Other salaries and wages$9,351
Payroll taxes$38,116
Professional fundraising services$0
Other$642,134
Balance Sheet (for 2012)
Total assets$4,280,466
Total liabilities$1,262,631
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$507,600
Other$755,031
Total net assets or fund balances$3,017,835
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$5,230,554
Gifts, grants, contributions, and membership fees received$5,230,554
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Special Olympics Southern California Inc1600 Forbes Way Ste 200, Long Beach, CA 90810-1833CA1996-05$14,088,490
22014 Special Olympics Usa National Games Inc1 Eunice Kennedy Shriver Way, Lawrence Twp, NJ 08648-2333NJ2011-06$7,538,862
3Special Olympics Arizona Inc2100 S 75th Ave, Phoenix, AZ 85043-3444AZ2002-04$5,117,154
42015 Special Olympics World Summer Games Organizing Committee Inc350 S Grand Ave Ste 200, Los Angeles, CA 90071-3469CA2012-10$3,477,304
5Scott Rigsby Foundation IncPo Box 1298, Hawkinsville, GA 31036GA2008-08$403,392
6Notus SportsPO BOX 8193, Greenville, SC 29604-8193SC2013-04$308,640
7Adaptive Sports Program Of Ohio2829 Cleveland Road Suite B, Wooster, OH 44691OH2010-04$198,264
8Miracle League Of Northampton CountyPO BOX 3424, Palmer, PA 18043-3424PA2011-01$190,267
9Wheelchair Sports Federation Inc6454 82nd St, Middle Vlg, NY 11379-2329NY2007-11$162,832
10Dare2tri Paratriathlon Club, Dare2tri847 N Damen 2r, Chicago, IL 60622IL2012-05$149,304
11Thv Inc2380 Wixom Trl, Milford, MI 48381-2564MI2011-07$126,909
12Transplant Games-Team Southern California6870 Jones Ave, Riverside, CA 92505-1034CA2012-02$32,452
13Kiwanis Club Of Warner Center Foundation Inc21701 Ambar Dr, Woodland Hls, CA 91364-5204CA2001-11$27,961
14Deaf Sports Academy19123 Yoko Lane, Riverside, CA 92508CA2014-10$0
15Handiwhatinc6153 Big Oak Rd, Sanger, CA 93657-9088CA2011-06$0
16Possibilities Unlimited International1000 E Route 66 Suite H, Glendora, CA 91740CA2004-01$0
17Ride A Wave Foundation Inc849 Almar Ave C 324, Santa Cruz, CA 95060CA2008-04$0
18Special X Games836 Nobel Dr, Santa Cruz, CA 95060CA2014-08$0
19Specialized Hollister Activities And Recreation Program1481 Versailles Dr, Hollister, CA 95023CA2011-11$0
20Wheelchair Sports International11528 Mother Lode Circle, Gold River, CA 95670CA1999-04$0
Number of organizations performing similar types of work
Alabama1
Arkansas3
Arizona2
California11
Colorado4
Connecticut1
Delaware2
Florida9
Georgia7
Iowa2
Idaho2
Illinois7
Indiana1
Kansas1
Louisiana2
Massachusetts6
Maryland3
Maine1
Michigan11
Minnesota1
Missouri2
North Carolina5
New Hampshire1
New Jersey7
New York9
Ohio4
Oklahoma7
Oregon3
Pennsylvania11
South Carolina3
Tennessee3
Texas15
Utah1
Virginia1
Washington5
Wisconsin3
West Virginia1
International1
Total159

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