SPECIAL OLYMPICS MASSACHUSETTS INC

EIN: 237242294 501(c)(3) Recreation & Sports

MARLBOROUGH, MA

Total Revenue
$6,870,123
Total Expenses
$6,775,466
Total Assets
$19,137,403
Net Assets
$15,732,525
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
MA
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. IN 2024, SPECIAL OLYMPICS MASSACHUSETTS PROVIDED PROGRAMMING TO OVER 19,000 PARTICIPANTS THROUGHOUT THE COMMONWEALTH OFFERING OVER 1,000 COMPETITIONS WITH THE HELP OF OVER 10,000 VOLUNTEERS. SPECIAL OLYMPICS MASSACHUSETTS WILL CONTINUE TO GROW COMMUNITIES OF INCLUSION UNTIL EVERY PARTICIPANT WHO WANTS TO PARTICIPATE CAN IN THEIR COMMUNITY WHERE THEY LIVE, WORK OR PLAY.

Program Service Accomplishments

Program 1
Expenses: $5,403,098

IN 2024, SPECIAL OLYMPICS MASSACHUSETTS HAS BUILT BACK TO THE PRE-PANDEMIC PARTICIPANT NUMBERS AND CONTINUES TO BUILD ITS PROGRAMMING ON ALL OF THE STATE'S GATEWAY CITIES. IN 2024, SPECIAL OLYMPICS...

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IN 2024, SPECIAL OLYMPICS MASSACHUSETTS HAS BUILT BACK TO THE PRE-PANDEMIC PARTICIPANT NUMBERS AND CONTINUES TO BUILD ITS PROGRAMMING ON ALL OF THE STATE'S GATEWAY CITIES. IN 2024, SPECIAL OLYMPICS MASSACHUSETTS PROVIDED TRAINING AND COMPETITION IN 23 INDIVIDUAL AND TEAM SPORTS FOR OVER 19,404 CHILDREN AND ADULTS WITH AND WITHOUT INTELLECTUAL DISABILITIES WITH THE SUPPORT OF 1,398 COACHES. THE ORGANIZATION CONTINUES TO OFFER A PROGRAM CALLED UNIFIED SPORTS TO ENGAGE THE WHOLE SCHOOL AND COMMUNITY IN SPORTS, LEADERSHIP AND EDUCATION PROGRAMS. IN 2024, UNIFIED SPORTS WAS OFFERED IN OVER 400 SCHOOLS.

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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%)

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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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Liquidity & Cash Position

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Governance

Voting Members
25
Independent Members
25
Employees
41
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
6
$409,153
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
2
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
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