SPECIAL OLYMPICS ARKANSAS INC

EIN: 710666671 501(c)(3)

LITTLE ROCK, AR

Total Revenue
$5,029,699
Total Expenses
$2,099,486
Total Assets
$7,196,934
Net Assets
$6,522,875
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
AR
Principal Officer
TERRI WEIR
Phone
5017710222
Tax Period
2024-01-01 to 2024-12-31

Special Olympics Arkansas Inc, founded in 1970, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2018.

Mission

TO EMPOWER INDIVIDUALS WITH INTELLECTUAL DISABILITIES.

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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 $4,921,930
Program Service Revenue $52,465
Investment Income $119,614
Other Revenue $-64,310
TOTAL REVENUE $5,029,699

Expense Breakdown

Grants Paid $0
Salaries & Benefits $815,104
Fundraising Expenses $142,325
Program Expenses $1,737,800
Other Expenses $1,284,382
TOTAL EXPENSES $2,099,486

Year-over-Year Comparison

2024 2023 Change
Revenue $5,029,699 $1,816,461 +1.8%
Expenses $2,099,486 $1,904,489 +0.1%
Net Income $2,930,213 $-88,028 -34.3%
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
18
Independent Members
18
Employees
15
Volunteers
25000

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
$149,162
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRI WEIR EXECUTIVE DIRECTOR 40.00
Officer
$124,929 $24,233 $149,162
ROSS RIDOUT BOARD CHAIRMAN 1.00
Officer Director
$0 $0 $0
BRIAN WALLACE VICE BOARD CHAIRMAN 1.00
Officer Director
$0 $0 $0
JAY CLEVENGER FINANCE CHAIRMAN 1.00
Officer Director
$0 $0 $0
SHARON JOHNSON SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN FOURNIER PAST BOARD CHAIRMAN 1.00
Officer Director
$0 $0 $0
FERDINAND FELIZCO BOARD MEMBER 1.00
Director
$0 $0 $0
ROY ANDERLE BOARD MEMBER 1.00
Director
$0 $0 $0
DR VALARIE HILSON BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY BRIDGES BOARD MEMBER 1.00
Director
$0 $0 $0
BRINDA GARRETT BOARD MEMBER 1.00
Director
$0 $0 $0
RAUL DALLAS BOARD MEMBER 1.00
Director
$0 $0 $0
DR CHARLIE GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
KARA NEWMAN BOARD MEMBER 1.00
Director
$0 $0 $0
AMY ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
DR JAMES HUNT BOARD MEMBER 1.00
Director
$0 $0 $0
NICK MATTHEWS BOARD MEMBER 1.00
Director
$0 $0 $0
LISA MUNDY BOARD MEMBER 1.00
Director
$0 $0 $0
AMY PRICE BOARD MEMBER 1.00
Director
$0 $0 $0
MARY JANE RUSSELL DIRECTOR EMERITUS 1.00
Director
$0 $0 $0
SARAH SEALY DIRECTOR EMERITUS 1.00
Director
$0 $0 $0
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 $5,029,699 $2,099,486 $7,196,934 $2,930,213
2023 $1,816,461 $1,904,489 $3,418,644 $-88,028
2022 $1,615,712 $1,715,105 $3,314,500 $-99,393
2021 $1,128,239 $1,169,467 $3,761,039 $-41,228
2020 $1,457,316 $1,045,785 $3,401,661 $411,531
2019 $1,614,823 $1,693,842 $2,821,629 $-79,019
2018 $1,668,482 $1,736,774 $2,714,169 $-68,292
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