SPECIAL OLYMPICS NEBRASKA INC

EIN: 470546346 501(c)(3) Recreation & Sports

OMAHA, NE

Total Revenue
$3,658,009
Total Expenses
$2,854,969
Total Assets
$7,466,368
Net Assets
$5,951,874
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NE
Principal Officer
CAROLYN CHAMBERLIN
Phone
4023315545
Tax Period
2024-01-01 to 2024-12-31

SPECIAL OLYMPICS NEBRASKA INC, founded in 1972, is a community nonprofit in the Recreation & Sports sector that reported $3.7M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $803K, a strong 22% operating margin.

Mission

SPECIAL OLYMPICS NEBRASKA BELIEVES IN ENDING DISCRIMINATION AND FEAR AND BUILDING A FUTURE OF JUSTICE AND JOY. WE SERVE 7,800 PEOPLE WITH AND WITHOUT INTELLECTUAL DISABILITIES ACROSS THE STATE THROUGH PROGRAMMING IN SPORTS, FREE HEALTH SCREENINGS AND WELLNESS EDUCATION, SCHOOL-BASED PROGRAMS THAT TEACH ACCEPTANCE AND INCLUSION OF ALL STUDENTS, AND LEADERSHIP/ADVOCACY TRAINING THAT ALLOWS STUDENTS TO TAKE THE LEAD ON THEIR CAMPUSES IN BREAKING DOWN BARRIERS AND MISPERCEPTIONS. OUR GOAL IS TO CREATE COMMUNITIES OF INCLUSION AND IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS 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 (2024)

Revenue Breakdown

Contributions & Grants $3,391,122
Program Service Revenue $0
Investment Income $215,550
Other Revenue $51,337
TOTAL REVENUE $3,658,009

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,316,025
Fundraising Expenses $412,860
Program Expenses $2,139,757
Other Expenses $1,538,944
TOTAL EXPENSES $2,854,969

Year-over-Year Comparison

2024 2023 Change
Revenue $3,658,009 $3,096,644 +0.2%
Expenses $2,854,969 $2,681,829 +0.1%
Net Income $803,040 $414,815 +0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
21
Volunteers
6526

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
$268,531
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERIE THOMAS CHAIR 1.00
Officer Director
$0 $0 $0
TIFFANY PABEN TREASURER 1.00
Officer Director
$0 $0 $0
MARC WISDOM SECRETARY 1.00
Officer Director
$0 $0 $0
GREG HARRIS PAST CHAIR 1.00
Officer Director
$0 $0 $0
MICHAELA SCHENKELBERG MEMBER 1.00
Director
$0 $0 $0
BRIAN SCHWEIGER MEMBER 1.00
Director
$0 $0 $0
LUKE PALADINO MEMBER 1.00
Director
$0 $0 $0
DIANA TEDROW MEMBER 1.00
Director
$0 $0 $0
STEVE MERFELD MEMBER 1.00
Director
$0 $0 $0
RONNY MILLER MEMBER 1.00
Director
$0 $0 $0
MELONIE WELSH MEMBER 1.00
Director
$0 $0 $0
CHAD SAMUELSON MEMBER 1.00
Director
$0 $0 $0
JOSH TODD MEMBER 1.00
Director
$0 $0 $0
JENNIFER SWARTZ MEMBER 1.00
Director
$0 $0 $0
TYLER KEYSER MEMBER 1.00
Director
$0 $0 $0
WYATT SPALDING MEMBER 1.00
Director
$0 $0 $0
EVELYN LOOF MEMBER 1.00
Director
$0 $0 $0
BEN LORENZEN MEMBER 1.00
Director
$0 $0 $0
MATTHEW FENSTER MEMBER 1.00
Director
$0 $0 $0
ALEX CLAUSON MEMBER 1.00
Director
$0 $0 $0
SARAH SMITH MEMBER 1.00
Director
$0 $0 $0
CAROLYN CHAMBERLIN PRESIDENT/CEO 40.00
Officer
$170,454 $5,864 $176,318
STEPHANIE GUIDO CFO 40.00
Officer
$87,164 $5,049 $92,213
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 $3,658,009 $2,854,969 $7,466,368 $803,040
2023 $3,096,644 $2,681,829 $5,203,901 $414,815
2022 $2,353,879 $2,462,257 $4,817,154 $-108,378
2021 $1,858,843 $1,817,467 $5,523,319 $41,376
2020 $1,976,174 $1,575,293 $4,949,058 $400,881
2019 $2,109,326 $2,208,765 $4,303,648 $-99,439
2018 $2,828,709 $2,186,963 $3,865,933 $641,746
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