SPECIAL OLYMPICS NORTH CAROLINA INC

EIN: 561149607 501(c)(3)

MORRISVILLE, NC

Total Revenue
$6,015,826
Total Expenses
$6,529,922
Total Assets
$11,703,331
Net Assets
$10,771,897
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
NC
Principal Officer
KEITH L FISHBURNE
Phone
9197197662
Tax Period
2023-01-01 to 2023-12-31

SPECIAL OLYMPICS NORTH CAROLINA INC, founded in 1971, is a community nonprofit that reported $6.0M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

SPECIAL OLYMPICS AIMS TO COMBINE HIGH QUALITY SPORTS WITH A WIDE AUDIENCE, AND BE A DRIVING FORCE FOR SOCIAL INCLUSION OF 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 $4,476,900
Program Service Revenue $0
Investment Income $271,133
Other Revenue $1,267,793
TOTAL REVENUE $6,015,826

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,328,288
Fundraising Expenses $389,870
Program Expenses $5,844,242
Other Expenses $4,201,634
TOTAL EXPENSES $6,529,922

Year-over-Year Comparison

2023 2022 Change
Revenue $6,015,826 $6,481,860 -0.1%
Expenses $6,529,922 $5,125,787 +0.3%
Net Income $-514,096 $1,356,073 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
43
Volunteers
43000

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
$207,395
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEN SMITH VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHIQUANA DANCY CHAIR 1.00
Officer Director
$0 $0 $0
ALLEN OLIVER TREASURER 1.00
Officer Director
$0 $0 $0
JASON ARMSTRONG BOARD MEMBER 1.00
Director
$0 $0 $0
DERAN COE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN HEVEY BOARD MEMBER 1.00
Director
$0 $0 $0
RICK LEWIS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK CURRAN BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY MERKL BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE NORDEEN BOARD MEMBER 1.00
Director
$0 $0 $0
GREG TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
JASON ANSON SECRETARY 1.00
Officer Director
$0 $0 $0
ANNIE TANE BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE PACKER BOARD MEMBER 1.00
Director
$0 $0 $0
JIM TRIANDIFLOU BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH L FISHBURNE PRESIDENT/CEO 40.00
Officer
$187,000 $20,395 $207,395
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $6,015,826 $6,529,922 $11,703,331 $-514,096
2022 $6,481,860 $5,125,787 $11,529,329 $1,356,073
2021 $5,201,297 $3,000,034 $11,145,607 $2,201,263
2020 $3,712,828 $3,052,176 $8,739,212 $660,652
2019 $5,146,781 $4,912,367 $7,438,002 $234,414
2018 $5,116,781 $4,962,878 $6,472,549 $153,903
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