2019-11-15T11:49:37-06:00 2018-12-31 450250958 EIDE BAILLY LLP 5 TRIAD CENTER STE 600 SALT LAKE CITY UT 841801106 990 2018-01-01 870367185 SPECIAL OLYMPICS UTAH INC SPEC 8013631111 1400 S FOOTHILL DR NO 238 SALT LAKE CITY UT 84108 D'ARCY DIXON PRESIDENT & CEO 8013631111 2019-11-15 1 CHRISTOPHER WINSLEY CPA P01698710 8015322200 216.147.181.46 2019-11-15 10:11:23 MS P 8E9FD351C3F39E06995CF6752FA921D73866D5C9 DDA4957984720C68BFAC59046CC896C0765E2398 2018 2020-04-17 16:48:07Z D'ARCY DIXON 1400 S FOOTHILL DR NO 238 SALT LAKE CITY UT 84108 876439 0 X WWW.SOUT.ORG X 1971 UT SPORTS TRAINING AND COMPETITION FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES.SPORTS ARE TRANSFORMATIVE. PARTICIPATION IN SPORTS SHIFTS THE FOCUS TO WHAT A SPECIAL OLYMPICS ATHLETE CAN DO. THROUGH SPORTS TRAINING AND COMPETITION, INDIVIDUALS WITH INTELLECTUAL DISABILITIES DEVELOP MOTOR AND COMMUNICATION SKILLS, DISCOVER NEW STRENGTHS AND ABILITIES, AND EXPERIENCE THE JOY AND SATISFACTION OF MEETING A GOAL, ALL OF WHICH LEADS TO GREATER CONFIDENCE. AS ATHLETES ENGAGE AND PARTICIPATE IN SPORTS WITH OTHERS THEY BECOME PART OF A COMMUNITY. THROUGH THIS NEW COMMUNITY AND DEVELOPMENT OF GREATER CONFIDENCE AND INTERACTIVE SKILLS, MANY ATHLETES GO ON TO HOLD JOBS OR VOLUNTEER POSITIONS. WITNESSING THESE SUCCESSES ENCOURAGES OTHERS TO CONSIDER THE POTENTIAL OF THOSE WITH INTELLECTUAL DISABILITIES. IN ADDITION, WHEN INDIVIDUALS WITH ID AGE OUT OF SCHOOL AT 21 THEY LOSE THEIR SCHOOL COMMUNITY AND SPECIAL OLYMPICS BECOMES THEIR COMMUNITY, OFFERING CONTINUING FRIENDSHIP. 17 17 20 5308 0 0 1036174 839831 0 0 1591 2103 83096 6733 1120861 848667 0 0 0 0 365987 439338 0 0 59360 375618 489500 741605 928838 379256 -80171 789160 766339 58361 115711 730799 650628 X SPORTS TRAINING AND 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, AND EXPERIENCE JOY. AN INTELLECTUAL DISABILITY IS THE MOST COMMON DEVELOPMENTAL DISABILITY AND INCLUDES AUTISM SPECTRUM DISORDERS, FRAGILE X SYNDROME, DOWN SYNDROME, FETAL ALCOHOL SYNDROME, APERT SYNDROME, WILLIAMS SYNDROME, PRADER-WILLI, PHENYLKETONURIA (PKU), CEREBRAL PALSY AND A SEVERE HEAD INJURY, INFECTION OR STROKE IF MANIFESTED BEFORE THE AGE OF 18. SPECIAL OLYMPICS IS UNIQUE FROM OTHER SPORTS PROGRAMS BECAUSE: (1) ITS FOCUS IS TO ASSIST INDIVIDUALS WITH INTELLECTUAL DISABILITIES, (2) THERE ARE PROGRAMS FOR ATHLETES OF ALL SKILL LEVELS, (3) COMPETITIONS ARE STRUCTURED SO THAT ATHLETES COMPETE WITH OTHER ATHLETES OF SIMILAR ABILITY IN EQUITABLE DIVISIONS. 0 1 661097 2018 WAS A VERY EXCITING YEAR. IT WAS THE 50TH ANNIVERSARY OF SPECIAL OLYMPICS WITH MANY OPPORTUNITIES TO CELEBRATE HOW MUCH HAD BEEN DONE USING THE POWER OF SPORTS TO MAKE A DIFFERENCE IN THE LIVES OF INDIVIDUALS WITH INTELLECTUAL DISABILITIES. SO UTAH CONTINUED THESE EFFORTS AND MISSION IN 2018. ATHLETES AT STATE AND AREA COMPETITIONS. SO UTAH HOSTED 58 AREA AND STATE LEVEL EVENTS SEEKING TO FULFILL THE MISSION OF YEAR-ROUND SPORTS TRAINING AND COMPETITION IN OLYMPIC-TYPE SPORTS. 2018 KICKED OFF WITH TRAINING IN SNOWSHOEING, FOLLOWED BY TRAINING FOR THE NEW! SEPARATE BASKETBALL SEASON AND STATE TOURNAMENT IN MARCH. THESE SEASONS WERE QUICKLY FOLLOWED BY SPRING TRAINING IN SWIMMING, ATHLETICS (TRACK AND FIELD), AND SOFTBALL, AND THE STATE SUMMER GAMES IN JUNE. THREE BOWLING INVITATIONALS WERE HELD IN JULY AND AUGUST, WITH TRAINING FOR THE FALL SPORTS OF SOCCER, GOLF, AND BOCCE AUGUST TO SEPTEMBER, AND THE STATE FALL GAMES IN OCTOBER. TEAMS STARTED TRAINING FOR SNOWSHOEING AGAIN IN DECEMBER. SO UTAH'S STRATEGIES SET IN 2017 FOR YEAR-ROUND SPORTS WERE ACHIEVED IN 2018.THE SPECIAL OLYMPICS 2018 USA GAMES IN SEATTLE, JULY 2018. SPECIAL OLYMPICS UTAH FIELDED A DELEGATION OF 45 SPECIAL OLYMPICS UTAH ATHLETES, UNIFIED PARTNERS, COACHES AND ASSISTIVE STAFF TO THE 2018 USA GAMES DURING THE 50TH ANNIVERSARY YEAR OF SPECIAL OLYMPICS. ATHLETES AND UNIFIED PARTNERS COMPETED IN SOCCER, SWIMMING, ATHLETICS, AND BOCCE AND HIGH PERFORMANCE GOLF. TWO YOUTH, AN ATHLETE AND UNIFIED PARTNER, PARTICIPATED IN THE YOUTH LEADERSHIP EXPERIENCE. FINALLY, SPECIAL OLYMPICS UTAH FIELDED THE LARGEST TEAM OF ATHLETES AND UNIFIED PARTNERS TO THE PILOT VIDEO GAMING (E-SPORTS) EVENT HOSTED BY THE MAJOR SPONSOR OF USA GAMES, MICROSOFT. THE 31 SPECIAL OLYMPICS UTAH ATHLETES AND UNIFIED PARTNERS WHO REPRESENTED UTAH AT THE USA GAMES WERE SUPPORTED BY EIGHT COACHES AND SIX ASSISTIVE STAFF. IT WAS A JOYOUS WEEK CELEBRATING SPORT, COMPETITION AND INCLUSION. ATHLETES IN UNIFIED SPORTS IN HIGH SCHOOLS THROUGH UNIFIED CHAMPION SCHOOLS: UNIFIED SPORTS IS WHERE THOSE WITH AND WITHOUT INTELLECTUAL DISABILITIES TRAIN AND COMPETE ON THE SAME TEAM. WITH SUPPORT FROM GENEROUS DONORS, WE WERE ABLE TO MEET THE ONE-TO-ONE MATCH TO RECEIVE FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION AND MEET OUR GOALS TO ADD MORE HIGH SCHOOLS OFFERING UNIFIED SPORTS FOR 2017-2018 SCHOOL YEAR. BECAUSE OF BUDGETARY, FUNDRAISING AND SPORTS GOALS SET IN JUNE 2017, SO UTAH WAS ABLE TO FIELD THE FIRST INTERSCHOLASTIC HIGH SCHOOL UNIFIED SPORTS TEAM FROM UTAH TO COMPETE IN THE SPECIAL OLYMPICS 2018 USA GAMES IN SEATTLE. NINE ATHLETES AND UNIFIED PARTNERS EARNED GOLD MEDALS IN SOCCER AT THE 2018 USA GAMES IN SEATTLE IN JULY 2018. THROUGH THE SUPPORT OF AN ANONYMOUS DONOR, THE UNIFIED EFFECT NEWSLETTER WAS PRODUCED SHARING FROM THE EYES OF PARENTS, THE IMPACT OF UNIFIED SPORTS IN HIGH SCHOOLS. THIS NEWSLETTER WAS DISTRIBUTED TO EVERY HIGH SCHOOL AND SCHOOL DISTRICT IN UTAH TO SHARE THE MESSAGE, AND HELP SCHOOLS LEARN ABOUT AND GET STARTED WITH UNIFIED SPORTS. ATHLETE LEADERSHIP OPPORTUNITIES: SO UTAH PROVIDED ATHLETE LEADERSHIP DEVELOPMENT THROUGH TRAINING IN SPEAKING AND COMMUNICATION, AND SPEAKING EXPERIENCES. ATHLETES WERE TRAINED IN UTAH TO BE SPECIAL OLYMPICS UTAH GLOBAL MESSENGERS, AND TRAINED AT NATIONAL CONFERENCES TO BE SPECIAL OLYMPICS HEALTH AMBASSADORS AND YOUTH ENGAGEMENT LEADERS. GLOBAL MESSENGER ATHLETES SPEAK AT EVERY EVENT WHERE ATHLETES GATHER, AND TO COMMUNITY, BUSINESS AND GOVERNMENT LEADERS TO SHARE THEIR STORY OF INVOLVEMENT WITH SPECIAL OLYMPICS. ATHLETES ALSO TRAINED, CERTIFIED AND SERVED AS ASSISTANT COACHES AND COACHES FOR OTHER SPECIAL OLYMPICS ATHLETES, AND TWO ATHLETES SERVE ON THE BOARD OF DIRECTORS.ATHLETE HEALTH AND FITNESS: FREE HEALTH SCREENINGS AND REFERRAL SERVICES WERE OFFERED TO ATHLETES AND UNIFIED PARTNERS AT TWO STATE LEVEL COMPETITIONS BY VOLUNTEER CLINICIANS. HEALTH SCREENINGS ARE OFFERED THROUGH THE HEALTHY ATHLETES PROGRAM AND PROVIDED BY VOLUNTEER HEALTH PROFESSIONALS AND HEALTH SERVICES STUDENTS IN GENERAL FITNESS, NUTRITION AND GENERAL HEALTH, HEARING, VISION, AND DENTAL. NEW! THIS YEAR A UTAH PRACTITIONER OFFERED THE REQUIRED MEDICAL EXAM AND COMPLETED MEDICAL FORM FOR ATHLETES TO QUALIFY TO PARTICIPATE IN SPECIAL OLYMPICS UTAH. ALL THESE FREE MEDICAL SCREENINGS PROVIDE PREVENTATIVE CARE AND NECESSARY REFERRALS FOR FREE FOLLOW-UP CARE AT NO COST TO THE ATHLETES.YOUNG ATHLETES: THROUGH COMMUNITY PARTNERSHIPS, IN 2018 SO UTAH PROVIDED A MULTI-WEEK PROGRAM AND AN INTRODUCTORY PROGRAM FOR YOUNG ATHLETES AGES 2 TO 7 TO LEARN BASIC SPORTS MOVEMENTS AND SKILLS THAT BUILD LARGE MUSCLE STRENGTH AND COORDINATION, AND PREPARE ATHLETES TO TRAIN AND COMPETE IN A SPORT STARTING AT AGE 8. 97300 OUTREACH AND PARTNERSHIPS: IT IS ESTIMATED THAT ONE TO THREE PERCENT OF THE GLOBAL POPULATION HAS AN INTELLECTUAL DISABILITY ("ID"). EVEN ONE PERCENT OF UTAH'S POPULATION, WHICH WAS 3.161 MILLION IN 2018, WOULD INDICATE 31,000 INDIVIDUALS COULD BE ELIGIBLE FOR AND BENEFIT FROM SPECIAL OLYMPICS UTAH PROGRAMS. IT IS A GOAL OF SO UTAH TO BROADEN ITS REACH AND SERVE MORE ELIGIBLE INDIVIDUALS. THROUGH OUTREACH TO BUSINESSES, CORPORATIONS, PUBLIC AND PRIVATE SCHOOLS, COLLEGES AND UNIVERSITIES, AND PARTNERSHIPS WITH PRIVATE, GOVERNMENT AND COMMUNITY ORGANIZATIONS, SO UTAH IS WORKING TO REACH AND SERVE UTAH'S POPULATION WITH ID. OUTREACH ACTIVITIES INCLUDE VOLUNTEERS (AGE 14 WITH AN ADULT, OR 16 AND OLDER) WHO COACH AND HELP AT AREA AND STATE COMPETITIONS. ATHLETES SUPPORTED BY VOLUNTEERS. WITH A VERY SMALL STAFF, VOLUNTEERS THROUGHOUT UTAH ARE THE NECESSARY NERVE CENTER TO PROVIDE SPORTS OPPORTUNITIES TO ATHLETES. SO UTAH INVOLVES INDIVIDUALS, FAMILIES, AND COMMUNITY AND CORPORATE GROUPS AS VOLUNTEER HEADS OF DELEGATIONS, COACHES, MENTORS, UNIFIED SPORTS PARTNERS AND DAY-OF VOLUNTEERS AT GAMES AND COMPETITIONS, AND IN MANY MORE CAPACITIES, INCLUDING LAW ENFORCEMENT OFFICERS DOING TORCH RUNS WITH OUR ATHLETES TO RAISING COMMUNITY AWARENESS. IN 2018, NEARLY 92,000 HOURS OF VOLUNTEER TIME WERE CONTRIBUTED TO SPECIAL OLYMPICS UTAH; THIS INCLUDES OVER 650 YOUTH VOLUNTEERS. WE ARE GRATEFUL FOR THE VOLUNTEERS WHO RETURN EVERY YEAR TO MAKE A DIFFERENCE IN THE LIVES OF INDIVIDUALS WITH INTELLECTUAL DISABILITIES. 45702 SPECIAL OLYMPICS UNIFIED CHAMPION SCHOOLS (UCS) FOCUSES ON SCHOOL AGE THROUGH COLLEGE, HAS THREE COMPONENTS, AND BUILDS ON SPECIAL OLYMPICS' VISION FOR INCLUSION FOR THOSE WITH INTELLECTUAL DISABILITIES. THIS IS ACCOMPLISHED BY IMPLEMENTING INCLUSIVE SPORTS, INCLUSIVE YOUTH LEADERSHIP OPPORTUNITIES, AND WHOLE SCHOOL ENGAGEMENT IN SCHOOLS. THE FIRST PART IS UNIFIED SPORTS WHICH UNITES INDIVIDUALS WITH AND WITHOUT INTELLECTUAL DISABILITIES WITH SIMILAR AGE AND ABILITY TO TRAIN AND COMPETE ON THE SAME TEAM. IN PARTNERSHIP WITH THE UTAH HIGH SCHOOL ACTIVITIES ASSOCIATION, UNIFIED SOCCER AND ATHLETICS ARE SANCTIONED SPORTS AND HIGH SCHOOLS CAN CHOOSE TO ALLOW UNIFIED SPORTS COMPETITORS TO LETTER. THE SECOND PART IS INCLUSIVE LEADERSHIP WHERE STUDENTS LEAD A SCHOOL CLUB FOR STUDENTS WITH AND WITHOUT INTELLECTUAL DISABILITIES AND CONDUCT CLUB ACTIVITIES AT LEAST THREE TIMES A SCHOOL YEAR. THE THIRD PART IS A WHOLE SCHOOL ENGAGEMENT ACTIVITY WHERE STUDENTS WITH AND WITHOUT INTELLECTUAL DISABILITIES PLAN AND LEAD A SCHOOL ACTIVITY WHICH CAN BE A PEP RALLY FOR THE UNIFIED SPORTS OR A SPREAD THE WORD TO END THE WORD CAMPAIGN WHERE STUDENTS SIGN A BANNER PLEDGING NOT TO USE THE "R" WORD. 804099 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 20 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 UT X DOUG ARVESETH 8013631111 1400 S FOOTHILL DR STE 238 SALT LAKE CITY UT 84108 WILLIAM BIDDLE BOARD CHAIR 1.00 X X 0 0 0 RYAN TAYLOR SECRETARY 1.00 X X 0 0 0 CHUCK WARREN VICE CHAIR 1.00 X X 0 0 0 DOUG ARVESETH TREASURER, CHAIR OF FINANCE COMMITTEE 1.00 X X 0 0 0 RYAN ATKINSON GOVERNANCE CHAIR, LEGAL COUNSEL 1.00 X X 0 0 0 CHRISTINE GRANT BOARD MEMBER 1.00 X 0 0 0 WAYNE BERARD BOARD MEMBER 1.00 X 0 0 0 MARGARET CROCKETT BOARD MEMBER 1.00 X 0 0 0 JAHN DAVIS BOARD MEMBER 1.00 X 0 0 0 KAREN KUNDER BOARD MEMBER 1.00 X 0 0 0 ANNA NELSON BOARD MEMBER 1.00 X 0 0 0 TRAVIS NIELSEN BOARD MEMBER 1.00 X 0 0 0 ROB ANDERSON BOARD MEMBER 1.00 X 0 0 0 AMBER GERTSCH BOARD MEMBER 1.00 X 0 0 0 KAYLANA GERTSCH BOARD MEMBER 1.00 X 0 0 0 MICHELLE WOLFENBARGER BOARD MEMBER 1.00 X 0 0 0 JANET LOUIE BOARD MEMBER 1.00 X 0 0 0 D'ARCY DIXON PIGNANELLI PRESIDENT & CEO 65.00 X 110000 0 8926 110000 0 8926 1 0 0 0 0 88851 123343 70889 556748 24350 839831 2103 2103 27772 123343 27772 0 OTHER INCOME 900099 6733 6733 6733 848667 6733 0 2103 118926 98521 9815 10590 248211 205622 20487 22102 811 673 66 72 44399 36781 3664 3954 26991 22360 2228 2403 17532 300 17232 30781 16430 14351 7339 5545 1616 178 23847 20268 2941 638 96759 93059 1850 1850 17538 17137 120 281 19944 19944 18500 18500 5690 4985 352 353 20662 20662 MEALS 65369 65221 148 SUPPLIES 59612 57781 673 1158 SERVICES 55498 55369 129 WORLD AND NATIONAL 31954 31917 37 18475 13024 4021 1430 928838 804099 65379 59360 X 491893 486621 52221 76760 213592 167564 11500 18912 102662 86180 19954 16482 789160 766339 55407 108146 2954 7565 58361 115711 X 459273 485587 271526 165041 730799 650628 789160 766339 -80171 0 X 0 1 X 1 0 X 1092060 855548 1031710 1036174 839831 4855323 1092060 855548 1031710 1036174 839831 4855323 183394 4671929 97 58 921 1591 2103 4770 4860093 445823 0.96130 0.96280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 102662 86180 16482 16482 X 897587 23742 25178 48920 848667 0 848667 977758 23742 25178 48920 928838 0 928838 PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AS A UTAH NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFYING FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS 25,178. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS 25,178. X X X X X X X 1 THE HERITAGE CO 2402 WILDWOOD AVE NORTH LITTLE ROCK AK 72120 PHONE AND MAIL SOLICITATIONS 0 71134 35159 35975 DIAL AMERICA 960 MACARTHUR BLVD MAHWAH NJ 07495 COMMISSIONS FROM MAGAZINE SALES 1 1600 0 1600 72734 35159 37575 UT B&W BOCCE BALL 62015 47211 14804 14804 COMMUNITY- PLUNGES AND TORCH RUNS 34058 27631 6427 6427 5 55042 48501 6541 6541 151115 123343 27772 27772 27772 0 FORM 990, PART III, LINE 3 2018 WAS THE 50TH ANNIVERSARY OF SPECIAL OLYMPICS. THE KICK OFF OF THE 50TH CELEBRATION OCCURRED AT THE SPECIAL OLYMPICS USA GAMES IN SEATTLE IN JULY 2018. THE FINANCIAL COMMITMENT TO SEND SO UTAH ATHLETES TO THE 2018 USA GAMES HAD TO BE MADE IN 2016, TWO YEARS IN ADVANCE OF THE USA GAMES. SOUND FUNDRAISING AND SAVING IN 2017 ASSURED THAT THE DELEGATION OF 45 ATHLETES, UNIFIED PARTNERS, COACHES, AND ASSISTIVE STAFF FROM USA GAMES WERE ABLE TO ATTEND THE USA GAMES TO REPRESENT UTAH. THE USA GAMES OCCUR EVERY FOUR YEARS. IN ADDITION TO SENDING ATHLETES TO USA GAMES IN JULY, SO UTAH LAUNCHED ITS NEW SEPARATE STATE BASKETBALL TOURNAMENT IN MARCH. THIS FOLLOWED THE PLAN LAID OUT AT THE END OF 2016 THAT BASKETBALL WOULD BECOME A SEPARATE SEASON. ONCE AGAIN THE FUNDS WERE SECURED IN ADVANCE TO ASSURE THE FINANCIAL ABILITY TO LAUNCH THE TOURNAMENT (SEE PAGE 40). BASKETBALL IS THE LARGEST SO UTAH PARTICIPATION SPORT AND THE SEPARATE SEASON PROVIDES ATHLETES FROM BEGINNING SKILLS, TO 3ON3, TO 5V5 - THE OPPORTUNITY TO PARTICIPATE. FINALLY, THE NEW SNOWSHOE INVITATIONAL WAS ALSO LAUNCHED IN 2018. WHILE ALL THE PLANNING AND EXECUTION WAS COMPLETED TO HOST IT, DUE TO LACK OF SNOW IT HAD TO BE CANCELED. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT REVIEWED THE 990 TO ASSURE THE NARRATIVE HAD BEEN PROPERLY UPDATED. THE CEO REVIEWED THE 990 WITH THE TAX ACCOUNTANT AND MADE NOTES FOR THE FINANCE COMMITTEE. THE FINANCE COMMITTEE REVIEWED THE 990, AND THE FINANCE CHAIR PROVIDED THE 990 TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, CONFLICT OF INTEREST POLICIES ARE PROVIDED TO THE BOARD MEMBERS. IF CONFLICTS DO ARISE, THE EXISTING BOARD MEMBERS DISCUSS THE CONFLICT AND RESOLVE ANY ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE OFFERED COMPENSATION TO THE PRESIDENT WAS DETERMINED BY A REVIEW AND DISCUSSION OF THE BOARD. EXECUTIVE, TOP MANAGEMENT AND KEY EMPLOYEES IS DETERMINED BY REVIEW OF COMPARABLE POSITIONS LOCALLY, AND A NATIONWIDE SALARY SURVEY CONDUCTED EVERY TWO YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART X TWO, THREE-YEAR PARTNERSHIP AGREEMENTS WERE SECURED BY THE PRESIDENT TO SUPPORT PROGRAMMING OVER THREE YEARS INCLUDING THE NEW STATE BASKETBALL TOURNAMENT. UNDER THE FAIR ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE, SPECIAL OLYMPICS UTAH WAS REQUIRED TO RECOGNIZE 100% OF THE THREE YEARS OF EXPECTED REVENUE FROM THESE MULTI-YEAR AGREEMENTS IN 2017, THE YEAR THE PARTNERSHIP AGREEMENTS WERE SECURED, RATHER THAN OVER THE THREE YEARS THE FUNDS WOULD BE RECEIVED ON A CASH BASIS TO SUPPORT THE SPECIFIC PROGRAMMING IN EACH YEAR BASED ON THE AGREEMENT (EACH AGREEMENT WAS FOR SPECIFIC PROGRAMMING, IN SPECIFIC YEARS, WITH EACH YEAR STANDING ON ITS OWN). BECAUSE THE REVENUE WAS NOT RECOGNIZED IN THE SAME YEAR THE EXPENSES WERE INCURRED, THE 2018 FINANCIAL STATEMENTS REFLECT A LOSS IN NET ASSETS. IF REVENUE RECEIVED IN 2018 FROM THESE TWO, MULTI-YEAR PARTNERSHIP AGREEMENTS WAS RECOGNIZED IN 2018, THE FINANCIAL STATEMENTS WOULD REFLECT A NET INCREASE IN ASSETS OF $9,000.