SPECIAL OLYMPICS TENNESSEE INC

EIN: 237348136 501(c)(3)

BRENTWOOD, TN

Total Revenue
$3,955,010
Total Expenses
$3,793,484
Total Assets
$7,932,187
Net Assets
$6,936,870
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
TN
Principal Officer
ADAM GERMEK
Phone
6153291375
Tax Period
2024-01-01 to 2024-12-31

SPECIAL OLYMPICS TENNESSEE INC, founded in 1974, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $3.8M left a modest 4% surplus.

Mission

TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC 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, EXPERIENCE JOY AND PARTICIPATE IN A SHARING OF GIFTS, SKILLS AND FRIENDSHIP WITH THEIR FAMILIES, OTHER SPECIAL OLYMPIC ATHLETES AND THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $3,313,587

SPECIAL OLYMPICS TENNESSEE OFFERS TRAINING AND COMPETITION IN 17 DIFFERENT SPORTS THROUGHOUT THE YEAR. THE PROGRAM INCLUDES 36 AREA PROGRAMS MANAGED BY VOLUNTEER LEADERSHIP TEAMS THAT ENCOMPASS ALL...

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SPECIAL OLYMPICS TENNESSEE OFFERS TRAINING AND COMPETITION IN 17 DIFFERENT SPORTS THROUGHOUT THE YEAR. THE PROGRAM INCLUDES 36 AREA PROGRAMS MANAGED BY VOLUNTEER LEADERSHIP TEAMS THAT ENCOMPASS ALL COUNTIES IN THE STATE OF TENNESSEE. COMBINED, THESE AREA PROGRAMS REACH OVER 17,000 REGISTERED ATHLETES EACH YEAR. IN LOCAL COMMUNITIES, ATHLETES ARE RECRUITED, TRAINED, AND PROVIDED LOCAL COMPETITION OPPORTUNITIES. EIGHT STATE-LEVEL GAMES AND TOURNAMENTS, WHICH INCLUDE ALL 17 OF THE SPORTS, ARE CONDUCTED ANNUALLY. USA NATIONAL GAMES AND WORLD GAMES ARE HELD EVERY FOUR YEARS, ALTERNATING EVERY TWO YEARS BETWEEN SUMMER AND WINTER GAMES. IN ADDITION TO 'TRADITIONAL' SPECIAL OLYMPICS SPORTS, 'UNIFIED SPORTS' DIVISIONS ARE OFFERED IN 8 SPORTS WHEREBY ATHLETES WITH AND WITHOUT DISABILITIES PLAY AS TEAMMATES. THIS 'INCLUSION' PROGRAM FOSTERS UNDERSTANDING, ACCEPTANCE AND FRIENDSHIPS AS THE PLAYERS PRACTICE, TRAVEL AND COMPETE TOGETHER. ADDITIONALLY, SPECIAL OLYMPICS TODAY CONDUCTS HEALTHY ATHLETES ACTIVITIES INCLUDING SCREENING PROGRAMS IN VISION (ATHLETES ARE GIVEN GLASSES IF NEEDED), DENTAL AND HEARING SCREENINGS (ALL PROGRAMS ARE DONATED BY PROFESSIONAL ORGANIZATIONS), AND FITNESS AND NUTRITIONAL EDUCATION. 'ATHLETE LEADERSHIP' PROGRAMS CONDUCTED BY SPECIAL OLYMPICS EMPOWER ATHLETES BY OFFERING OPPORTUNITIES TO BECOME COACHES THEMSELVES THROUGH CERTIFIED COACHES TRAINING SCHOOLS, PUBLIC SPEAKERS TRAINING, AND SERVING ON LOCAL MANAGEMENT TEAMS AS WELL AS THE STATE'S BOARD OF DIRECTORS. UNIFIED CHAMPION SCHOOLS IS SPECIAL OLYMPICS TENNESSEE'S 'YOUTH MOVEMENT' IN PUBLIC AND PRIVATE SCHOOLS WHICH BRINGS TOGETHER STUDENTS WITH AND WITHOUT DISABILITIES TO ADVOCATE FOR GREATER COMMUNITY INCLUSION OF ALL PERSONS WITH DISABILITIES. SPECIAL OLYMPICS TENNESSEE CURRENTLY HAS OVER 120 SANCTIONED UNIFIED CHAMPION SCHOOLS WITHIN TENNESSEE. SPECIAL OLYMPICS TENNESSEE ALSO OFFERS A YOUNG ATHLETES PROGRAM FOR FAMILIES WITH CHILDREN AGES 2 TO 12 YEARS WHICH INTRODUCES BASIC SPORT SKILLS, LIKE RUNNING, KICKING AND THROWING. YOUNG ATHLETES OFFERS FAMILIES, TEACHERS, CAREGIVERS AND PEOPLE FROM THE COMMUNITY THE CHANCE TO SHARE THE JOY OF SPORTS WITH ALL CHILDREN.

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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 $3,730,249
Program Service Revenue $0
Investment Income $286,244
Other Revenue $-61,483
TOTAL REVENUE $3,955,010

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,639,479
Fundraising Expenses $343,474
Program Expenses $3,313,587
Other Expenses $2,154,005
TOTAL EXPENSES $3,793,484

Year-over-Year Comparison

2024 2023 Change
Revenue $3,955,010 $3,478,416 +0.1%
Expenses $3,793,484 $3,149,833 +0.2%
Net Income $161,526 $328,583 -0.5%
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
21
Independent Members
21
Employees
21
Volunteers
6000

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
5
$165,589
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNY SMITH CHAIRMAN 1.00
Officer Director
$0 $0 $0
DR LASANDA MASSEY SECRETARY 1.00
Officer Director
$0 $0 $0
MANISHA SHAH TREASURER 1.00
Officer Director
$0 $0 $0
HAYLEY WIELGUS PAST CHAIR 1.00
Officer Director
$0 $0 $0
HUNTER BRUSH BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY BUTLER BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE CAIRNES BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH COREY BOARD MEMBER 1.00
Director
$0 $0 $0
CHIEF JOHN DRAKE BOARD MEMBER 1.00
Director
$0 $0 $0
PETE DUSCHE BOARD MEMBER 1.00
Director
$0 $0 $0
MARK EDDY BOARD MEMBER 1.00
Director
$0 $0 $0
YETUNDE FAPARUSI BOARD MEMBER 1.00
Director
$0 $0 $0
BEN FLATT BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS FROST BOARD MEMBER 1.00
Director
$0 $0 $0
KARA GREER BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY HOGG BOARD MEMBER 1.00
Director
$0 $0 $0
KLAY LESKO BOARD MEMBER 1.00
Director
$0 $0 $0
MARSHALL MEIER BOARD MEMBER 1.00
Director
$0 $0 $0
TAYLOR MORRISON BOARD MEMBER 1.00
Director
$0 $0 $0
TERRY SAHARSKI BOARD MEMBER 1.00
Director
$0 $0 $0
MAY LAYNE VAN CLEAVE BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM R GERMEK PRESIDENT 40.00
Officer
$137,034 $28,555 $165,589
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 $3,955,010 $3,793,484 $7,932,187 $161,526
2023 $3,478,416 $3,149,833 $6,923,537 $328,583
2022 $2,676,734 $2,549,886 $6,220,698 $126,848
2021 $2,335,647 $1,510,071 $6,325,051 $825,576
2020 $1,939,652 $1,553,422 $4,822,876 $386,230
2019 $2,458,243 $2,198,992 $4,314,236 $259,251
2018 $2,009,918 $1,965,397 $3,617,294 $44,521
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