SPECIAL OLYMPICS LOUISIANA INC

EIN: 720706608 501(c)(3)

COVINGTON, LA

Total Revenue
$4,199,731
Total Expenses
$3,522,577
Total Assets
$3,597,704
Net Assets
$3,089,481
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
LA
Principal Officer
JOHN GUZZARDO
Phone
9853456644
Tax Period
2024-01-01 to 2024-12-31

SPECIAL OLYMPICS LOUISIANA INC, founded in 1971, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $677K, a strong 16% operating margin.

Mission

THE MISSION OF SPECIAL OLYMPICS IS 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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,063,758
Program Service Revenue $0
Investment Income $16,478
Other Revenue $119,495
TOTAL REVENUE $4,199,731

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,220,142
Fundraising Expenses $416,694
Program Expenses $2,572,573
Other Expenses $2,302,435
TOTAL EXPENSES $3,522,577

Year-over-Year Comparison

2024 2023 Change
Revenue $4,199,731 $2,565,966 +0.6%
Expenses $3,522,577 $2,287,190 +0.5%
Net Income $677,154 $278,776 +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

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
14
Independent Members
13
Employees
18
Volunteers
8500

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
4
$190,355
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN GUZZARDO PRESIDENT/CE 40.00
Officer
$190,355 $0 $190,355
CRAIG BLACKBURN DIRECTOR N/A
Director
$0 $0 $0
PAUL TANGUIS CPA CGMA CVA TREASURE N/A
Officer Director
$0 $0 $0
RANDY DAVIDSON DIRECTOR N/A
Director
$0 $0 $0
JILL EGLE DIRECTOR N/A
Director
$0 $0 $0
STEVE JACOBS DIRECTOR N/A
Director
$0 $0 $0
FRENCHIE KESSLER SECRETARY N/A
Officer Director
$0 $0 $0
PAYTON LAMBERT CHAIR N/A
Officer Director
$0 $0 $0
MIKE LANE DIRECTOR N/A
Director
$0 $0 $0
SHAWN LEDIG DIRECTOR N/A
Director
$0 $0 $0
PETER SEIDENBERG MD MA DIRECTOR N/A
Director
$0 $0 $0
BRANDON MCNABB DIRECTOR N/A
Director
$0 $0 $0
DONNA RENO DIRECTOR N/A
Director
$0 $0 $0
ASHLEIGH CLARE-KEARNEY THIGPEN DIRECTOR N/A
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 $4,199,731 $3,522,577 $3,597,704 $677,154
2023 $2,565,966 $2,287,190 $2,441,746 $278,776
2022 $2,211,046 $1,835,098 $2,266,787 $375,948
2021 $1,726,996 $1,244,658 $1,858,444 $482,338
2020 $1,163,433 $1,211,503 $1,309,182 $-48,070
2019 $1,944,400 $1,584,898 $1,407,269 $359,502
2018 $1,686,224 $1,778,189 $970,507 $-91,965
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