SPECIAL OLYMPICS ARKANSAS INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

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 $5.0M in total revenue in fiscal year 2024. Revenue surged 177% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 58% operating margin.

Mission

TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR ALL 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: $1,737,800 Revenue: $52,465

PROVIDED YEAR ROUND SPORTS TRAINING AND COMPETITIONS IN TWENTY OLYMPIC TYPE SPORTS FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES. ALSO OFFERED ADDITIONAL PROGRAMS FOR ATHLETES' DEVELOPMENT AND...

PROVIDED YEAR ROUND SPORTS TRAINING AND COMPETITIONS IN TWENTY OLYMPIC TYPE SPORTS FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES. ALSO OFFERED ADDITIONAL PROGRAMS FOR ATHLETES' DEVELOPMENT AND FITNESS, INCLUDING: "HEALTHY HEARING" WHICH PROVIDED FREE HEARING SCREENINGS; "SPECIAL SMILES" WHICH OFFERED FREE DENTAL SCREENINGS; "OPENING EYES" WHICH PROVIDED FREE VISION SCREENINGS; "FUN FITNESS" WHERE OCCUPATIONAL AND PHYSICAL THERAPISTS MEASURED ATHLETES FLEXIBILITY AND NEED FOR OTHER TREATMENTS; "HEALTH PROMOTION" WHICH PROMOTED A HEALTHER ATHLETE FOR A HEALTHIER LIFESTYLE; AND "PROJECT UNIFY" INITIATIVES WHICH COMBINED SOCIAL, EDUCATIONAL, AND INCLUSIONAL OPPORTUNITIES THROUGH SPORTS.

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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%)

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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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$149,162

Total Directors

Key Employees

Highest Compensated

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