Civic Intelligence

Special Olympics of Pennsylvania Inc

EIN 23-2078543 • 501(c)3 • Norristown, PA

View Organization Page

Profile

See schedule o.the mission of special olympics is to provide year-round sports training and 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.

2750 Blvd Of The Generals 124Norristown, PA 19403

www.specialolympicspa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.25x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.28x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

27th percentile

-3.1%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$283,469

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

67th percentile

10%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

20%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$14,104,286

Up $1,292,020 (+10%) from 2023

Liabilities

Up

$3,572,111

Up $1,231,834 (+53%) from 2023

Net Assets

Up

$10,532,175

Up $60,186 (+0.6%) from 2023

Operations
Liabilities / Revenue56th percentileNet Margin27th percentile

Revenue

Up

$12,773,942

Up $2,137,049 (+20%) from 2023

Expenses

Up

$13,174,262

Up $1,289,162 (+11%) from 2023

Net Income

Up

-$400,320

Up $847,887 (+68%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $7,265,199Liabilities 2010: $564,154Net Assets 2010: $6,701,0452010Assets 2011: $7,749,129Liabilities 2011: $391,139Net Assets 2011: $7,357,9902011Assets 2012: $8,616,371Liabilities 2012: $460,112Net Assets 2012: $8,156,2592012Assets 2013: $9,032,462Liabilities 2013: $465,285Net Assets 2013: $8,567,1772013Assets 2014: $9,073,623Liabilities 2014: $366,041Net Assets 2014: $8,707,5822014Assets 2015: $9,269,260Liabilities 2015: $460,189Net Assets 2015: $8,809,0712015Assets 2016: $9,376,976Liabilities 2016: $344,976Net Assets 2016: $9,032,0002016Assets 2017: $9,688,486Liabilities 2017: $466,109Net Assets 2017: $9,222,3772017Assets 2018: $9,927,081Liabilities 2018: $346,855Net Assets 2018: $9,580,2262018Assets 2019: $10,779,579Liabilities 2019: $1,251,301Net Assets 2019: $9,528,2782019Assets 2020: $10,787,138Liabilities 2020: $720,960Net Assets 2020: $10,066,1782020Assets 2021: $13,239,510Liabilities 2021: $1,043,130Net Assets 2021: $12,196,3802021Assets 2022: $14,122,341Liabilities 2022: $2,821,918Net Assets 2022: $11,300,4232022Assets 2023: $12,812,266Liabilities 2023: $2,340,277Net Assets 2023: $10,471,9892023Assets 2024: $14,104,286Liabilities 2024: $3,572,111Net Assets 2024: $10,532,1752024

Highlighted filing

2024

Assets$14,104,286
Liabilities$3,572,111
Net Assets$10,532,175
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,426,0902010Expenses 2011: $5,557,6712011Expenses 2012: $6,013,9582012Revenue 2013: $6,561,853Expenses 2013: $6,281,599Net Income 2013: $280,2542013Revenue 2014: $6,763,257Expenses 2014: $6,606,329Net Income 2014: $156,9282014Revenue 2015: $6,746,786Expenses 2015: $6,575,122Net Income 2015: $171,6642015Revenue 2016: $7,566,979Expenses 2016: $7,277,404Net Income 2016: $289,5752016Revenue 2017: $7,377,389Expenses 2017: $7,444,959Net Income 2017: -$67,5702017Revenue 2018: $8,714,366Expenses 2018: $8,068,810Net Income 2018: $645,5562018Revenue 2019: $8,478,363Expenses 2019: $8,385,911Net Income 2019: $92,4522019Revenue 2020: $6,873,918Expenses 2020: $6,739,967Net Income 2020: $133,9512020Revenue 2021: $8,410,990Expenses 2021: $7,010,256Net Income 2021: $1,400,7342021Revenue 2022: $10,162,781Expenses 2022: $10,093,489Net Income 2022: $69,2922022Revenue 2023: $10,636,893Expenses 2023: $11,885,100Net Income 2023: -$1,248,2072023Revenue 2024: $12,773,942Expenses 2024: $13,174,262Net Income 2024: -$400,3202024

Highlighted filing

2024

Revenue$12,773,942
Expenses$13,174,262
Net Income-$400,320
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$14,104,286
Liabilities
$3,572,111
Net assets
$10,532,175
Revenue
$12,773,942
Expenses
$13,174,262
Net income
-$400,320
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$3.57$10.5$12.8$13.2$0.40
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$2.34$10.5$10.6$11.9$1.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$2.82$11.3$10.2$10.1$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$1.04$12.2$8.41$7.01$1.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.72$10.1$6.87$6.74$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$1.25$9.53$8.48$8.39$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.93$0.35$9.58$8.71$8.07$0.65
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.69$0.47$9.22$7.38$7.44$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.38$0.34$9.03$7.57$7.28$0.29
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.27$0.46$8.81$6.75$6.58$0.17
2014Detailed filing. Detailed filing data is available for this year.$9.07$0.37$8.71$6.76$6.61$0.16
2013Detailed filing. Detailed filing data is available for this year.$9.03$0.47$8.57$6.56$6.28$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.62$0.46$8.16$6.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.75$0.39$7.36$5.56
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.27$0.56$6.70$5.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 27, 2025
Return Version
2024v5.2
Gross Receipts
$13,741,140
Mission and Program Overview

Mission

See schedule o.the mission of special olympics is to provide year-round sports training and 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.

The mission of special olympics is to provide year-round sports training and 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,112,895$7,718,369▲ $605,474
Cash and Non-Interest-Bearing Accounts$2,145,795$3,622,330▲ $1,476,535
Accounts Receivable$1,346,085$534,159▼ $811,926
Prepaid Expenses and Deferred Charges$74,027$210,021▲ $135,994
Land, Buildings, and Equipment, Net$166,384$162,332▼ $4,052
Inventories for Sale or Use$51,573$31,175▼ $20,398
Total Assets$12,812,266$14,104,286▲ $1,292,020
Other Assets Total$1,915,507$1,825,900▼ $89,607
Liabilities
Deferred Revenue$318,099$1,581,441▲ $1,263,342
Other Liabilities$1,520,012$1,302,802▼ $217,210
Accounts Payable and Accrued Expenses$502,166$687,868▲ $185,702
Total Liabilities$2,340,277$3,572,111▲ $1,231,834
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,407,527$9,362,705▼ $44,822
Net Assets With Donor Restrictions$1,064,462$1,169,470▲ $105,008
Total Net Assets Fund Balance$10,471,989$10,532,175▲ $60,186
Total Liabilities and Net Assets / Fund Balance$12,812,266$14,104,286▲ $1,292,020

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$162,332$965,264$1,127,596
Other Assets Org$571,433--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,233,309$540,235▲ $30,669-$1,488,476
2023$797,738$412,660▲ $22,911-$1,233,309
2022$618,826$213,705▼ $34,793-$797,738
2021$403,870$181,116▲ $33,840-$618,826
2020$342,160$89,623▲ $21,533$49,446$403,870
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew B AaronPresident & CEOFT$236,897$46,572$283,469
Nate GarlandChief Operating OfficerFT$166,098$10,870$176,968
Dan ReardonChief Financial OfficerFT$157,788$18,568$176,356
Pamela VelasquezChief People OfficerFT$145,856$11,726$157,582
Andrew FeeVP Strategic PartnershipsFT$111,351$13,720$125,071
Julie BenjaminRegional Executive DirectorFT$100,115$23,975$124,090

Board Members and Trustees

NameTitle
Tom HindmanChairman (thru Nov 24)
Alicia HickokBoard Member
Barb BowkerBoard Member
Bill OldseyBoard Member
Caitlin BaranBoard Member
David SimonettiBoard Member
Deirdre KramerBoard Member
Dennis WilsonBoard Member
Dr Jonathan GleasonBoard Member
Jacqueline FoderaroBoard Member
Jen KavanaughBoard Member
Jim LaughmanBoard Member
Kevin ConleyBoard Member
Lisa BarbourBoard Member
Marc BrunoBoard Member
Mary MederBoard Member
Melissa ChristianBoard Member
Molly ArbogastBoard Member
Nick BitzerBoard Member
Rich BillmanBoard Member
Scott SchubertBoard Member
Steve MatsickBoard Member
Steve NolderBoard Member
Sue PaternoBoard Member
Terrill DrakeBoard Member
Michael TrettelBoard Member (thru Jan 24)
Tanya JarrettBoard Member (thru June 24)
Dan KolbBoard Member (thru Nov 24)
Tony GillespieBoard Member (thru Nov 24)
Kristi BoccellaSecretary
C Shannon BarryTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mike BovinoProgram Expansion2111 WISCONSIN AVE, Washington, DC 20007$118,976
Revenue and Support

Revenue Composition

Contributions and Grants
$12,310,531
Program Service Revenue
$0
Investment Income
$251,656
Other Revenue
$211,755
All Other Contributions
$5,383,522
Change in Net Assets
$-400,320

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles1$52,049Fair Market Value
Other Non Cash Contri Table1$24,761Fair Market Value
Total Noncash Contributions2$76,810-

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,773,942
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,060,214
Total Revenue per Audited Statements
$14,834,156
Total Revenue per Form 990
$12,773,942
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,642,144
Salaries, Compensation, and Employee Benefits$5,532,118
Total Fundraising Expense$1,870,296
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,003,306$342,061$791,905$4,137,272
Travel$2,098,540$137,143$105,568$2,341,251
Fees for Services Other$822,101$104,040$356,918$1,283,059
Office Expenses$585,198$222,154$101,657$909,009
Occupancy$652,921$15,925$13,256$682,102
Other Employee Benefits$206,642$285,634$90,731$583,007
Payroll Taxes$115,232$176,595$36,923$328,750
Current Officers, Directors, Trustees, and Key Employees$204,094$23,245$55,872$283,211
Pension Plan Contributions$73,394$102,433$24,051$199,878
Insurance$127,654$31,687$39,655$198,996
Other Expenses$38,647$36,165$45,789$120,601
Depreciation Depletion$56,064$21,924$18,113$96,101
Information Technology$39,839$16,109$9,062$65,010
Fees for Services Lobbying--$60,000$60,000
All Other Expenses$18,110$4,027$2,535$24,672
Total Functional Expenses$9,724,239$1,579,727$1,870,296$13,174,262

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,773,970
Expenses per Audited Statements$13,174,262
Total Expenses per Form 990$13,174,262
Expenses Not Reported on Form 990$1,599,708
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$962,025
Fundraising Direct Expenses$923,377
Gaming Gross Income$60,207
Gaming Direct Expenses$13,480
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Polar Bear Plunges$2,505,044$626,261$554,126$72,135
Beaver Stadium Run$512,509$128,127$32,045$96,082
Total Events$3,848,099$962,025$923,377$38,648
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,302,802
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the board of directors and finance committee prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The organization distributes a conflict of interest questionnaire annually to officers, directors, and key employees. If a potential conflict of interest is discovered, the board of directors will review the potential conflict and make a determination if a conflict exists. The persons with a potential conflict are prohibited from participating in the governing body's deliberation and decision in the transaction.”

Form 990, Part VI, Section B, Line 15

“The independent board of directors establishes compensation for the ceo based on a formal annual review process. The process includes a review of job duties, performance and comparability data in functionally comparable positions at similarly situated organizations. The ceo follows a similar annual performance review process for all other staff members. Additionally, in 2022 we hired an outside consultant to review the salaries of all staff (in addition to top management and ceo).”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, financial statements, and conflict of interest policy available to the public upon request. The annual adutied financial statements are published on our website.”

Filing and Contact Details

Filer

Filer Name
Special Olympics Pennsylvania Inc
EIN
23-2078543
Phone
6106309450
Address
2750 BLVD OF THE GENERALS 124, NORRISTOWN, PA 19403

Signing Officer

Name
Matthew B Aaron
Title
President & CEO
Phone
6106309450
Signed
2025-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew B Aaron
Formed
1970
Legal Domicile
Pa
Voting Board Members
26
Independent Board Members
26
Employees
84
Volunteers
14,000

Preparer

Firm
Wipfli Llp
Address
170 N RADNOR-CHESTER RD SUITE 200, RADNOR, PA 19087
Preparer
Solomon Mardakhaev
Phone
6105653930
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in beneficial interest held by community foundation 52,737.”

Financial Statement Notes

PART V, LINE 4:

“The board of directors has designated a portion of the unrestricted net assets as an endowment fund to support capital projects necessary to assist participating athletes and to support the athlete leadership fund fufilling sopa's vision of being the "global leader" in athlete leadership. These funds also support inclusion activities in area schools across the state of pennsylvania where our athletes participate in sporting activities with students attending these schools. The balance of board designated net assets was $1,488,476 and $1,233,309, at december 31, 2024 and 2023, respectively.”

PART X, LINE 2:

“The organization is incorporated under the commonwealth of pennsylvania (commonwealth) not-for-profit corporation law and is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The organization is registered as required with the pennsylvania bureau of charitable organizations. Tax filings are subject to audit by various taxing authorities. Open periods subject to audit for federal purposes are generally the previous three years of tax returns filed.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of special events 923,376. Cost of goods sold 30,341. Cost of gaming 13,480. Change in beneficial interest held by community foundation 52,737.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of special events 923,376. Cost of goods sold 30,341. Cost of gaming 13,480.”

Raw XML AppendixShowing 400 of 916 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0502166
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0687868
IRS990/AccountsReceivableGrp/BOYAmt01346085
IRS990/AccountsReceivableGrp/EOYAmt0534159
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF SPECIAL OLYMPICS IS TO PROVIDE YEAR-ROUND SPORTS TRAINING AND 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.
IRS990/AllOtherContributionsAmt05383522
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IRS990/AllOtherExpensesGrp/TotalAmt024672
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IRS990/BooksInCareOfDetail/PersonNm0DANIEL REARDON
IRS990/BooksInCareOfDetail/PhoneNum06103221164
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02750 BLVD OF THE GENERALS SUITE 124
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORRISTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019403
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0DC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd020007
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IRS990/ContractorCompensationGrp/ServicesDesc0PROGRAM EXPANSION
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IRS990/CYContributionsGrantsAmt012310531
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0251656
IRS990/CYOtherExpensesAmt07642144
IRS990/CYOtherRevenueAmt0211755
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-400320
IRS990/CYSalariesCompEmpBnftPaidAmt05532118
IRS990/CYTotalExpensesAmt013174262
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IRS990/DepreciationDepletionGrp/ProgramServicesAmt056064
IRS990/DepreciationDepletionGrp/TotalAmt096101
IRS990/Desc0SPECIAL OLYMPICS PENNSYLVANIA'S REACH ACROSS THE COMMONWEALTH CONTINUES ITS REMARKABLE GROWTH, DEMONSTRATING OUR ENDURING COMMITMENT TO INDIVIDUALS WITH INTELLECTUAL DISABILITIES THROUGH OUR ROBUST REGIONAL OPERATING MODEL. IN 2024, OUR PROGRAMS EXPERIENCED EXPANSION, ENGAGING 16,326 INDIVIDUALS THROUGHOUT PENNSYLVANIA. THIS REPRESENTS AN INCREASE FROM THE 11,697 PARTICIPANTS SERVED IN 2023, HIGHLIGHTING OUR GROWING IMPACT AND THE DEDICATION OF OUR 9 REGIONS AND OVER 50 LOCAL TEAMS/COUNTIES. THESE REGIONAL TEAMS WORK TIRELESSLY TO DELIVER YEAR-ROUND SPORTS TRAINING AND COMPETITION DIRECTLY WITHIN COMMUNITIES, ENSURING LOCALIZED SUPPORT AND ENGAGEMENT.
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IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt084
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
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IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt0120837
IRS990/FeesForServicesLobbyingGrp/FundraisingAmt060000
IRS990/FeesForServicesLobbyingGrp/TotalAmt060000
IRS990/FeesForServicesOtherGrp/FundraisingAmt0356918
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