SPECIAL OLYMPICS INC

EIN: 520889518 501(c)(3) Recreation & Sports

WASHINGTON, DC

Total Revenue
$152,233,363
Total Expenses
$160,530,033
Total Assets
$150,264,447
Net Assets
$120,136,216
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
DC
Principal Officer
MARY DAVIS
Phone
2026283630
Tax Period
2023-01-01 to 2023-12-31

SPECIAL OLYMPICS INC, founded in 1968, is a major nonprofit in the Recreation & Sports sector that reported $152.2M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF SPECIAL OLYMPICS IS 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.

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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 $142,892,537
Program Service Revenue $5,023,587
Investment Income $3,382,430
Other Revenue $934,809
TOTAL REVENUE $152,233,363

Expense Breakdown

Grants Paid $57,897,548
Salaries & Benefits $35,904,805
Fundraising Expenses $18,144,249
Program Expenses $134,980,202
Other Expenses $58,569,341
TOTAL EXPENSES $160,530,033

Year-over-Year Comparison

2023 2022 Change
Revenue $152,233,363 $138,307,643 +0.1%
Expenses $160,530,033 $142,283,989 +0.1%
Net Income $-8,296,670 $-3,976,346 +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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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
35
Independent Members
32
Employees
280
Volunteers
777670

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
7
$881,587
Total Directors
35
$32,000
Key Employees
3
$933,717
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR TIMOTHY SHRIVER CHAIRMAN 5.00
Officer Director
$0 $0 $0
MR WILLIAM ALFORD LEAD DIRECTOR & VICE CHAIR (12/23) 6.00
Officer Director
$0 $0 $0
MS LORETTA CLAIBORNE VC, CHIEF INSPIRATION OFFICER(12/23) 10.00
Officer Director
$32,000 $0 $32,000
MR ANGELO MORATTI VICE CHAIR (12/23) 1.60
Officer Director
$0 $0 $0
MR DALE JONES TREASURER 0.80
Officer Director
$0 $0 $0
MR YOUSEF AL OTAIBA DIRECTOR 0.80
Director
$0 $0 $0
MR JAIME ALEMAN DIRECTOR 0.80
Director
$0 $0 $0
MS KIERA BYLAND DIRECTOR (AS OF 06/23) 0.80
Director
$0 $0 $0
DR JIM P CLEMENTS DIRECTOR 0.80
Director
$0 $0 $0
MR BART CONNER DIRECTOR 0.80
Director
$0 $0 $0
MS YOLANDA ELETA DE VARELA DIRECTOR (12/23) 0.80
Director
$0 $0 $0
DR SHI DERONG DIRECTOR 0.80
Director
$0 $0 $0
MR DIDIER DROGBA DIRECTOR 0.80
Director
$0 $0 $0
MS ANNE FINUCANE DIRECTOR 0.80
Director
$0 $0 $0
MS BENITA FITZGERALD MOSLEY DIRECTOR 0.80
Director
$0 $0 $0
MS JENNIFER FORTNER DIRECTOR 0.80
Director
$0 $0 $0
MS RONAK LAKHANI DIRECTOR 0.80
Director
$0 $0 $0
MS YANG LAN DIRECTOR 0.80
Director
$0 $0 $0
MR RAY LANE DIRECTOR 0.80
Director
$0 $0 $0
MR GLENN LYON DIRECTOR 0.80
Director
$0 $0 $0
MR HAMCHETOU MAIGA BA DIRECTOR (01/23) 0.80
Director
$0 $0 $0
DR KAROLY MIRNICS DIRECTOR 0.80
Director
$0 $0 $0
MS CAROLINA PICASSO DIRECTOR 0.80
Director
$0 $0 $0
MR SATISH PILLAI DIRECTOR 0.80
Director
$0 $0 $0
MR JAMES QUINCEY DIRECTOR 0.80
Director
$0 $0 $0
DR ELENI ROSSIDES DIRECTOR (12/23) 0.80
Director
$0 $0 $0
MR LI RUIGANG DIRECTOR 0.80
Director
$0 $0 $0
MR DAVID SABLE DIRECTOR 0.80
Director
$0 $0 $0
MS KIM SAMUEL DIRECTOR (BEG 01/23) 0.80
Director
$0 $0 $0
MR BOBBY SHRIVER DIRECTOR 0.80
Director
$0 $0 $0
MR MARK SHRIVER DIRECTOR 0.80
Director
$0 $0 $0
MS MARIA GABRIELA SIGALA DIRECTOR 0.80
Director
$0 $0 $0
MR CHANG-WOO SOH DIRECTOR 0.80
Director
$0 $0 $0
MS NATALIA VODIANOVA DIRECTOR 0.80
Director
$0 $0 $0
MR MIKE ZAFIROVSKI DIRECTOR (BEG 01/23) 0.80
Director
$0 $0 $0
MS MARY DAVIS CEO & PRESIDENT 40.00
Officer
$516,508 $35,783 $552,291
MR BRANDON FITZGERALD CHIEF LEGAL OFFICER & SECRETARY 40.00
Officer
$272,837 $24,459 $297,296
MS ZEHRA SAYIN CMDO 40.00
Key Emp
$326,794 $0 $326,794
DR JOHN DOW CHIEF, REGIONAL & PROGRAM 40.00
Key Emp
$304,306 $24,698 $329,004
MR JAMES BARBEE CFO 40.00
Key Emp
$240,867 $37,052 $277,919
MR STEVE BORRELLI CHIEF HUMAN RESOURCES OFFICER 40.00
Highest
$280,214 $10,165 $290,379
MR DAVID EVANGELISTA RPMD, SOEE 40.00
Highest
$260,758 $41,662 $302,420
MR LOUIS LAURIA CHIEF OF GAMES AND COMPETITION 40.00
Highest
$241,593 $33,470 $275,063
MR AYMAN WAHAB RPMD, MENA 40.00
Highest
$217,691 $0 $217,691
MS FREDA FUND RPMD, SOEA 40.00
Highest
$236,902 $0 $236,902
DR ALICIA BAZZANO FORMER CHIEF MEDICAL OFFICER (10/22) 40.00
$115,544 $0 $115,544
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 $152,233,363 $160,530,033 $150,264,447 $-8,296,670
2022 $138,307,643 $142,283,989 $154,610,459 $-3,976,346
2021 $148,321,104 $126,020,467 $155,208,967 $22,300,637
2020 $126,031,361 $109,837,653 $129,814,982 $16,193,708
2019 $135,575,691 $128,087,216 $108,658,001 $7,488,475
2018 $135,599,414 $129,970,580 $103,372,285 $5,628,834
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