SPECIAL OLYMPICS MASSACHUSETTS INC (EIN 237242294) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

MARY BETH MCMAHON

Phone

5084850986

Tax Period

2024-01-01 to 2024-12-31

SPECIAL OLYMPICS MASSACHUSETTS INC, founded in 1971, is a community nonprofit in the Recreation & Sports sector that reported $6.9M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Net assets of $15.7M represent 27 months of operating reserves.

Mission

YEAR-ROUND INCLUSIVE SPORTS TRAINING AND COMPETITION PROGRAMS FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES AND THEIR PEERS OF ALL AGES PROVIDING THEM WITH CONTINUING OPPORTUNITIES TO DEVELOP PHYSICAL FITNESS, DEMONSTRATE COURAGE, EXPERIENCE JOY AND PARTICIPATE IN THE SHARING OF SKILLS AND FRIENDSHIPS WITH THEIR FAMILIES, OTHER ATHLETES, THEIR PEERS AND THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,230,677

Program Service Revenue $0

Investment Income $254,452

Other Revenue $-615,006

TOTAL REVENUE $6,870,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,063,444

Fundraising Expenses $790,631

Program Expenses $5,403,098

Other Expenses $3,712,022

TOTAL EXPENSES $6,775,466

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,870,123	$5,614,307	+0.2%
Expenses	$6,775,466	$6,259,565	+0.1%
Net Income	$94,657	$-645,258	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

10914

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$409,153

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD MCDONALD	CHAIR	5.00	Officer Director	$0	$0	$0
PETER MEE	VICE CHAIR	5.00	Officer Director	$0	$0	$0
JULIE SANTOSUS	TREASURER	5.00	Officer Director	$0	$0	$0
ERIN FARRELL	CLERK	5.00	Officer Director	$0	$0	$0
GERRY ALLEN	DIRECTOR	5.00	Director	$0	$0	$0
ROSETTE CATALDO	DIRECTOR	5.00	Director	$0	$0	$0
DAN COLLINS	DIRECTOR	5.00	Director	$0	$0	$0
VINNIE DABOUL	DIRECTOR	5.00	Director	$0	$0	$0
PATRICK DELAHUNTY	DIRECTOR	5.00	Director	$0	$0	$0
STEVEN FRANSBLOW	DIRECTOR	5.00	Director	$0	$0	$0
CHRISTOPHER GAFFNEY	DIRECTOR	5.00	Director	$0	$0	$0
WILLIAM GROSS	DIRECTOR	5.00	Director	$0	$0	$0
PAUL KRAFT	DIRECTOR	5.00	Director	$0	$0	$0
TYLER LAGASSE	DIRECTOR	5.00	Director	$0	$0	$0
MARK LUND	DIRECTOR	5.00	Director	$0	$0	$0
MOLLY MANNING	DIRECTOR	5.00	Director	$0	$0	$0
GAYLE MURRAY	DIRECTOR	5.00	Director	$0	$0	$0
GAYLE O'CONNELL	DIRECTOR	5.00	Director	$0	$0	$0
MICHELLE PORTER	DIRECTOR	5.00	Director	$0	$0	$0
LAUREN PROSHAN	DIRECTOR	5.00	Director	$0	$0	$0
MELISSA REILLY	DIRECTOR	5.00	Director	$0	$0	$0
REGINA ROBINSON	DIRECTOR	5.00	Director	$0	$0	$0
ERIC SPINDT	DIRECTOR	5.00	Director	$0	$0	$0
TYLER WILLIAMS	DIRECTOR	5.00	Director	$0	$0	$0
LAUREN ZAJEC	DIRECTOR	5.00	Director	$0	$0	$0
MARY BETH MCMAHON	PRESIDENT AND CEO	40.00	Officer	$246,694	$22,963	$269,657
CLINTON ROWE	CFO	40.00	Officer	$132,116	$7,380	$139,496
DEBRA COULTER	VP OF INNOVATION AND OPERATIONS	40.00	Highest	$136,350	$6,750	$143,100
STEPHEN HUFTALEN	EVP OF DEVELOPMENT AND MARKETING	40.00	Highest	$122,943	$16,572	$139,515

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$6,870,123	$6,775,466	$19,137,403	$94,657
2023	$5,614,307	$6,259,565	$18,196,669	$-645,258
2022	$5,190,634	$5,241,430	$18,240,507	$-50,796
2021	$5,082,720	$3,526,843	$19,308,984	$1,555,877
2020	$4,382,578	$3,701,193	$17,830,418	$681,385
2019	$5,137,545	$4,922,477	$16,450,283	$215,068
2018	$6,172,692	$4,967,241	$15,510,009	$1,205,451

SPECIAL OLYMPICS MASSACHUSETTS INC