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

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 OLYMPICS ATHLETES AND THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $492,561

UNIFIED CHAMPION SCHOOLS - UNIFIED CHAMPION SCHOOLS (R) IS AN EDUCATION-BASED PROGRAM THAT USES SPORTS AND EDUCATION PROGRAMS TO ACTIVATE YOUNG PEOPLE TO DEVELOP SCHOOL COMMUNITIES WHERE ALL YOUTH...

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UNIFIED CHAMPION SCHOOLS - UNIFIED CHAMPION SCHOOLS (R) IS AN EDUCATION-BASED PROGRAM THAT USES SPORTS AND EDUCATION PROGRAMS TO ACTIVATE YOUNG PEOPLE TO DEVELOP SCHOOL COMMUNITIES WHERE ALL YOUTH ARE AGENTS OF CHANGE - FOSTERING RESPECT, DIGNITY AND ADVOCACY FOR PEOPLE WITH INTELLECTUAL DISABILITIES FOR THOUSANDS OF CHILDREN ACROSS NEBRASKA. THIS PROGRAM INCLUDES THE YOUNG ATHLETES PROGRAM, WHICH PROVIDES EARLY PROGRAM OPPORTUNITIES TO CHILDREN WITH INTELLECTUAL DISABILITIES AS YOUNG AS THE AGE OF 2. UNIFIED SPORTS PARTNERS THOSE WITH AND WITHOUT INTELLECTUAL DISABILITIES ON THE SAME TEAM. FREE CLASSROOM CURRICULUM PROVIDES SERVICE-LEARNING CURRICULUM AND LESSONS TO STUDENTS.

Program 2
Expenses: $401,376

SUMMER GAMES - NEARLY 3,000 PEOPLE INCLUDING SPECIAL OLYMPICS ATHLETES, COACHES, VOLUNTEERS, FAMILY MEMBERS, SPECTATORS AND HONORED GUESTS ATTEND SUMMER GAMES IN OMAHA, NEBRASKA. FANS IN THE STANDS...

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SUMMER GAMES - NEARLY 3,000 PEOPLE INCLUDING SPECIAL OLYMPICS ATHLETES, COACHES, VOLUNTEERS, FAMILY MEMBERS, SPECTATORS AND HONORED GUESTS ATTEND SUMMER GAMES IN OMAHA, NEBRASKA. FANS IN THE STANDS CHEER ON ATHLETES AS THEY COMPETE FOR MEDALS AND RIBBONS IN 4 SPORTS - AQUATICS, ATHLETICS, GYMNASTICS, AND VOLLEYBALL. ALONG WITH COMPETITIONS, SUMMER GAMES FEATURES FREE HEALTH SCREENINGS, A YOUNG ATHLETES DEMONSTRATION, LIVE MUSIC, 2 ATHLETE DANCES AND A CLOSING BANQUET. THE GAMES KICK OFF WITH A CELEBRATORY OPENING CEREMONY THAT INCLUDES FIRST-RATE ENTERTAINMENT AND THE PARADE OF ATHLETES.

Program 3
Expenses: $157,852

HEALTH - THE VISION FOR SPECIAL OLYMPICS' HEALTH PROGRAM IS TO CREATE A WORLD WHERE PEOPLE WITH AND WITH OUT INTELLECTUAL DISABILITIES HAVE THE SAME OPPORTUNITIES TO BE HEALTHY. TO ACHIEVE THIS...

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HEALTH - THE VISION FOR SPECIAL OLYMPICS' HEALTH PROGRAM IS TO CREATE A WORLD WHERE PEOPLE WITH AND WITH OUT INTELLECTUAL DISABILITIES HAVE THE SAME OPPORTUNITIES TO BE HEALTHY. TO ACHIEVE THIS VISION IT IS NECESSARY TO ADDRESS THE BARRIERS, INCLUDING LACK OF ACCESS TO QUALITY HEALTH CARE, EDUCATION AND RESOURCES. TO ACHIEVE EQUAL ACCESS TO QUALITY HEALTH CARE FOR PEOPLE WITH ID, CHANGES MUST OCCUR. THOSE CHANGES IMPACT INDIVIDUALS, FAMILIES, PROVIDERS, COMMUNITIES, GOVERNING BODIES, AND OTHER STAKEHOLDERS WHO INFLUENCE HEALTH AND WELLNESS. SPECIAL OLYMPICS AIMS TO CREATE A TIPPING POINT FOR INCLUSIVE HEALTH WHEREBY INCLUSION OF THOSE WITH ID BECOMES INTEGRATED INTO MAINSTREAM HEALTH POLICIES, PROGRAMMING AND SERVICES, TRAINING PROGRAMS AND FUNDING STREAMS.

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Trantor Score

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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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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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