SPECIAL OLYMPICS ILLINOIS

EIN: 362922811 501(c)(3)

NORMAL, IL

Total Revenue
$16,417,969
Total Expenses
$18,377,228
Total Assets
$15,446,457
Net Assets
$11,738,555
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
IL
Principal Officer
PETER BEALE-DELVECCHIO
Phone
3098882551
Tax Period
2023-01-01 to 2023-12-31

SPECIAL OLYMPICS ILLINOIS, founded in 1977, is a mid-sized nonprofit that reported $16.4M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $18.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE A VARIETY OF OLYMPIC-TYPE SPORTS FOR PEOPLE WITH INTELLECTUAL DISABILITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,445,310
Program Service Revenue $0
Investment Income $258,859
Other Revenue $4,713,800
TOTAL REVENUE $16,417,969

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,167,027
Fundraising Expenses $836,533
Program Expenses $16,297,543
Other Expenses $10,130,357
TOTAL EXPENSES $18,377,228

Year-over-Year Comparison

2023 2022 Change
Revenue $16,417,969 $17,739,289 -0.1%
Expenses $18,377,228 $14,585,019 +0.3%
Net Income $-1,959,259 $3,154,270 -1.6%
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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Governance

Voting Members
39
Independent Members
39
Employees
99
Volunteers
33613

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
12
$585,892
Total Directors
41
$387,617
Key Employees
1
$200,432
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BREEN CEO & PRESIDENT (THRU 12/31/23) 40.00
Officer Director
$296,466 $37,904 $334,370
PETER BEALE-DELVECCHIO CEO & PRESIDENT (START 10/3/23) 40.00
Officer Director
$49,605 $3,642 $53,247
BROOK KLAWITTER BOARD CHAIR 0.50
Officer Director
$0 $0 $0
KATHY SCHNIEDWIND VICE CHAIR 0.50
Officer Director
$0 $0 $0
KAREN WILSON IMMEDIATE PAST CHAIR 0.50
Officer Director
$0 $0 $0
JIM PIEPER TREASURER / FINANCE CHAIR 0.50
Officer Director
$0 $0 $0
TERRY WHEAT SECRETARY 0.50
Officer Director
$0 $0 $0
TOM COX BOARD GOVERNANCE & MEMBERSHIP CHAIR 0.50
Officer Director
$0 $0 $0
ROB JOHNSON BOARD MEMBER/MARKETING & COMMUNICATIONS CHAIR 0.50
Officer Director
$0 $0 $0
SCOTT PADDOCK BOARD MEMBER / DEVELOPMENT CHAIR 0.50
Officer Director
$0 $0 $0
RANDY SCHAAB BOARD MEMBER / AUDIT CHAIR 0.50
Officer Director
$0 $0 $0
KRISTIN ACHTERHOF BOARD MEMBER 0.50
Director
$0 $0 $0
BILL ASBURY BOARD MEMBER 0.50
Director
$0 $0 $0
KAREN ATWOOD BOARD MEMBER 0.50
Director
$0 $0 $0
WHEELER COLEMAN BOARD MEMBER 0.50
Director
$0 $0 $0
JIM CORRIGAN BOARD MEMBER 0.50
Director
$0 $0 $0
COLLEEN COSTELLO BOARD MEMBER / ATHLETE LEADER 0.50
Director
$0 $0 $0
WILLIAM DOERFLER BOARD MEMBER 0.50
Director
$0 $0 $0
DANIEL FREED BOARD MEMBER 0.50
Director
$0 $0 $0
ADAM GARRETT BOARD MEMBER 0.50
Director
$0 $0 $0
STEVE HAMMAN BOARD MEMBER 0.50
Director
$0 $0 $0
ALEXANDER HUEGEN BOARD MEMBER / ATHLETE LEADER 0.50
Director
$0 $0 $0
JILL MEHRBERG BOARD MEMBER 0.50
Director
$0 $0 $0
SCOTT MORGAN BOARD MEMBER 0.50
Director
$0 $0 $0
TOM MURRAY BOARD MEMBER 0.50
Director
$0 $0 $0
LORELIE PAROLIN BOARD MEMBER 0.50
Director
$0 $0 $0
ROBERT REITER JR BOARD MEMBER 0.50
Director
$0 $0 $0
ZACH REYNOLDS BOARD MEMBER 0.50
Director
$0 $0 $0
CHAD ROLLINS BOARD MEMBER 0.50
Director
$0 $0 $0
DANIEL ROMERO BOARD MEMBER 0.50
Director
$0 $0 $0
ANGELO RUSSO BOARD MEMBER 0.50
Director
$0 $0 $0
TIM RYAN BOARD MEMBER 0.50
Director
$0 $0 $0
JENNY SEPULVEDA BOARD MEMBER 0.50
Director
$0 $0 $0
EILEEN SETHNA BOARD MEMBER 0.50
Director
$0 $0 $0
ERIC SMITH BOARD MEMBER 0.50
Director
$0 $0 $0
MICHAEL SMYTH BOARD MEMBER 0.50
Director
$0 $0 $0
BERNITA THIGPEN BOARD MEMBER 0.50
Director
$0 $0 $0
TOM THOMPSON BOARD MEMBER 0.50
Director
$0 $0 $0
HEIDI WEBER BOARD MEMBER 0.50
Director
$0 $0 $0
DEANNA WEST BOARD MEMBER 0.50
Director
$0 $0 $0
NANCY WIORA BOARD MEMBER 0.50
Director
$0 $0 $0
CINDY VILLAFUERTE CHIEF FINANCIAL & DIVERSITY OFFICER 40.00
Officer
$176,134 $22,141 $198,275
KIMBERLY RIDDERING CHIEF OPERATING OFFICER 40.00
Key Emp
$167,892 $32,540 $200,432
VALERIE MICHALIK CHIEF DEVELOPMENT OFFICER (THRU 9/5/23) 40.00
Highest
$202,871 $6,911 $209,782
TRACY HILLIARD SENIOR DIRECTOR - PROGRAM SERVICES 40.00
Highest
$127,760 $24,612 $152,372
MOHAMMED KHAN SENIOR DIRECTOR - GOVERNMENT RELATIONS 40.00
Highest
$120,866 $7,905 $128,771
MATT JOHNSON SENIOR DIRECTOR - DONOR RELATIONS & STEWARDSHIP 40.00
Highest
$116,885 $15,184 $132,069
ED UPHOFF SENIOR DIRECTOR - IT 40.00
Highest
$110,919 $7,506 $118,425
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 No data No data No data No data
2023 $16,417,969 $18,377,228 $15,446,457 $-1,959,259
2022 $17,739,289 $14,585,019 $17,736,719 $3,154,270
2021 $11,507,076 $9,681,527 $11,863,338 $1,825,549
2020 $9,267,041 $8,570,147 $9,392,092 $696,894
2019 $12,659,598 $12,165,786 $9,626,829 $493,812
2018 $11,181,043 $9,638,529 $8,016,969 $1,542,514
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