2017-05-15T13:56:47-05:00 2016-12-31 431594752 MUELLER PROST LC 7733 FORSYTH BLVD SUITE 1200 ST LOUIS MO 63105 990 2016-01-01 201295769 SOMO ENDOWMENT FUND INC SOMO 5736351660 1001 DIAMOND RIDGE NO 800 JEFFERSON CITY MO 65109 MARK MUSSO PRESIDENT / CEO 5736351660 2017-05-10 1 KARYN A NUNN P00958489 3148622070 2017-05-09 71.91.236.98 2017-05-10 16:18:08 CD P 343482505F5C60EAED09C5BE564402B0FDE37D09 BBB116EFB03F4832D9F24FBF1EAB31EA069FEEF1 2016 2021-01-29 14:40:06Z MARK MUSSO 1001 DIAMOND RIDGE NO 800 JEFFERSON CITY MO 65109 2847091 0 X WWW.SOMOGIFT.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 1338405 2815810 0 0 13416 31281 0 0 1351821 2847091 428840 488503 0 0 0 0 60540 15000 78155 69743 63155 559123 566658 792698 2280433 3416449 5828046 0 3442 3416449 5824604 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 488503 488503 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 WILL SUBSTANTIALLY INCREASE ITS CAPACITY TO SERVE INDIVIDUALS THROUGH A STATE-OF-THE-ART TRAINING FOR LIFE CAMPUS (TLC). THIS WORLD-CLASS, 34,000 SQUARE-FOOT FACILITY WILL BE BUILT ON 16.5 ACRES IN JEFFERSON CITY, MO, CENTRALLY LOCATED FOR THE 15,312 SOMO ATHLETES AND THE 106,758 WHO ARE NOT YET PARTICIPATING IN THE PROGRAM. AS OF DECEMBER 31, 2016, SEF MET THEIR GOAL TO BUILD THE FIRST PHASE OF THE TRAINING FOR LIFE CAMPUS, WHICH INCLUDES INDOOR FACILITIES PLUS ONE OUTDOOR FIELD. CONSTRUCTION IS SCHEDULED TO BEGIN IN MAY. THE CURRENT CAMPAIGN TO COMPLETE THE TRAINING FOR LIFE CAMPUS BUILDING AND OUTDOOR FIELDS PLUS PURCHASE SPORTS EQUIPMENT IS 2.2 MILLION AWAY FROM COMPLETION. CONSTRUCTION OF THE TRAINING FOR LIFE CAMPUS LOOKS FORWARD TO OPENING IN THE FALL OF 2018. SOMO IS OFFERING MDFB 50% TAX CREDITS (MINIMUM $1,000 DONATION) AND NAP CREDITS (MINIMUM $2,500 DONATION), TO INDIVIDUALS AND BUSINESSES MEETING THE CREDIT CRITERIA. ALMOST $1.35 MILLION MDFB CREDITS REMAIN ($2.7 MILLION VALUE) AND $495,000 NAP TAX CREDITS REMAIN ($990,000 VALUE). ADDITIONAL NAMING OPPORTUNITIES ARE STILL AVAILABLE. FOR MORE INFORMATION, PLEASE VISIT WWW.SOMOCAMPUS.ORG. 488503 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 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 MARK MUSSO 5736351660 1001 DIAMOND RIDGE SUITE 800 JEFFERSON CITY MO 65109 DON SPEARS CHAIR 2.00 1.00 X X 0 0 0 TIM COX VICE-CHAIR 1.00 X X 0 0 0 RALPH BIELE SECRETARY/TREASURER 1.00 X X 0 0 0 AMY WURST BOARD MEMBER 1.00 0.50 X 0 0 0 RANDY REDDICK BOARD MEMBER 1.00 X 0 0 0 DAVE PUDLOWSKI BOARD MEMBER 1.00 0.50 X 0 0 0 GARY WILBERS BOARD MEMBER 12.50 0.80 X 0 0 0 MARK MUSSO PRESIDENT / CEO 5.00 40.00 X 0 167436 35464 0 167436 35464 0 0 1 0 0 2815810 2815810 31281 31281 2847091 0 0 31281 488503 488503 15000 15000 47570 47570 3537 3537 MISCELLANEOUS EXPENSES 6651 6651 AWARDS 5397 5397 566658 488503 0 78155 472244 110936 113450 373827 1305392 2520550 6500 1489927 2793241 28936 29492 3416449 5828046 0 3442 0 3442 X 482451 273023 2933998 5551581 3416449 5824604 3416449 5828046 X 2280433 7152 -219150 339720 X X 0 1 X 1 0 X X 1 SPECIAL OLYMPICS MISSOURIINC 237328374 7 1 488503 0 1 488503 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 DUE TO RELATED ENTITIES 3442 3442 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 FASB ACCOUNTING STANDARDS CODIFICATION 740-10, INCOME TAXES - OVERALL. THE ORGANIZATION HAS ASSESSED THEIR 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, 2016 AND 2015. THE RETURNS OF THE ORGANIZATION FOR 2016, 2015, 2014, AND 2013 ARE SUBJECT TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. X X X X X X 1 JEFFREY BYRNE & ASSOCIATES 4042 CENTRAL STREET KANSAS CITY MO 64111 CAPITAL CAMPAIGN CONSULTANT 0 0 15000 0 15000 MO 1 SPECIAL OLYMPICS MISSOURI INC 1001 DIAMOND RIDGE JEFFERSON CITY MO 65109 237328374 501(C)(3) 488503 CASH SEF IS A SUPPORTING ORGANIZATION OF SPECIAL OLYMPICS MISSOURI, INC. 1 PART I, LINE 2: SOMO ENDOWMENT FUND, INC. (SEF) IS A SUPPORTING ORGANIZATION OF SPECIAL OLYMPICS MISSOURI, INC. (SOMO). SEF ONLY PROVIDES SUPPORT TO SOMO. MANAGEMENT REVIEWS AND APPROVES SUPPORT PRIOR TO ISSUANCE. 0 0 0 0 0 0 0 0 0 MARK MUSSO PRESIDENT / CEO 0 166353 0 1083 0 0 0 18538 0 16926 0 202900 0 0 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 THAT SEF SUPPORTS, 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, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES FROM PRIOR YEARS -20,280. INCREASE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -40,000. PLEDGED PROFESSIONAL SERVICES 400,000. 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 1001 DIAMOND RIDGE SUITE 800 JEFFERSON CITY MO 65109 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 1 0 0 0 0 SPECIAL OLYMPICS MISSOURI B 488503 FMV