Civic Intelligence

Special Olympics Wisconsin Inc

EIN 39-1176591 • 501(c)3 • Madison, WI

Profile

The mission of special olympics wisconsin, inc. Is to provide year-round sports training and athletic 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.using sports as the catalyst, special olympics works to end inactivity, injustice and intolerance, thus leading to a more respectful and inclusive society for all.

6582 Ronald Reagan AveMadison, WI 53704

www.specialolympicswisconsin.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.20x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.36x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

34th percentile

-0.8%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$225,466

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

47th percentile

3.3%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

13%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,922,231

Up $312,848 (+3.3%) from 2023

Liabilities

Down

$2,008,822

Down $1,334 (-0.1%) from 2023

Net Assets

Up

$7,913,409

Up $314,182 (+4.1%) from 2023

Revenue

Up

$5,647,453

Up $654,163 (+13%) from 2023

Expenses

Up

$5,692,242

Up $408,509 (+7.7%) from 2023

Net Income

Up

-$44,789

Up $245,654 (+85%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $2,486,690Liabilities 2010: $128,990Net Assets 2010: $2,357,7002010Assets 2011: $3,196,187Liabilities 2011: $118,913Net Assets 2011: $3,077,2742011Assets 2012: $3,534,969Liabilities 2012: $125,234Net Assets 2012: $3,409,7352012Assets 2013: $4,132,137Liabilities 2013: $220,802Net Assets 2013: $3,911,3352013Assets 2014: $3,671,294Liabilities 2014: $287,818Net Assets 2014: $3,383,4762014Assets 2015: $3,550,990Liabilities 2015: $122,604Net Assets 2015: $3,428,3862015Assets 2016: $4,011,767Liabilities 2016: $188,987Net Assets 2016: $3,822,7802016Assets 2017: $4,370,358Liabilities 2017: $411,189Net Assets 2017: $3,959,1692017Assets 2018: $4,110,533Liabilities 2018: $313,808Net Assets 2018: $3,796,7252018Assets 2019: $6,549,101Liabilities 2019: $361,735Net Assets 2019: $6,187,3662019Assets 2020: $7,141,283Liabilities 2020: $336,085Net Assets 2020: $6,805,1982020Assets 2021: $8,613,408Liabilities 2021: $569,927Net Assets 2021: $8,043,4812021Assets 2022: $8,057,176Liabilities 2022: $749,011Net Assets 2022: $7,308,1652022Assets 2023: $9,609,383Liabilities 2023: $2,010,156Net Assets 2023: $7,599,2272023Assets 2024: $9,922,231Liabilities 2024: $2,008,822Net Assets 2024: $7,913,4092024

Highlighted filing

2024

Assets$9,922,231
Liabilities$2,008,822
Net Assets$7,913,409

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,312,0722010Expenses 2011: $4,561,3112011Expenses 2012: $4,583,3882012Revenue 2013: $5,218,143Expenses 2013: $5,004,335Net Income 2013: $213,8082013Revenue 2014: $4,739,695Expenses 2014: $5,177,431Net Income 2014: -$437,7362014Revenue 2015: $4,664,676Expenses 2015: $4,490,994Net Income 2015: $173,6822015Revenue 2016: $4,820,336Expenses 2016: $4,448,455Net Income 2016: $371,8812016Revenue 2017: $4,559,736Expenses 2017: $4,554,211Net Income 2017: $5,5252017Revenue 2018: $4,722,272Expenses 2018: $4,773,629Net Income 2018: -$51,3572018Revenue 2019: $6,749,118Expenses 2019: $4,590,274Net Income 2019: $2,158,8442019Revenue 2020: $3,805,414Expenses 2020: $3,346,114Net Income 2020: $459,3002020Revenue 2021: $4,761,500Expenses 2021: $3,753,266Net Income 2021: $1,008,2342021Revenue 2022: $4,079,724Expenses 2022: $4,159,755Net Income 2022: -$80,0312022Revenue 2023: $4,993,290Expenses 2023: $5,283,733Net Income 2023: -$290,4432023Revenue 2024: $5,647,453Expenses 2024: $5,692,242Net Income 2024: -$44,7892024

Highlighted filing

2024

Revenue$5,647,453
Expenses$5,692,242
Net Income-$44,789

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.92$2.01$7.91$5.65$5.69$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.61$2.01$7.60$4.99$5.28$0.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.06$0.75$7.31$4.08$4.16$0.08
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$8.61$0.57$8.04$4.76$3.75$1.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.14$0.34$6.81$3.81$3.35$0.46
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.55$0.36$6.19$6.75$4.59$2.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.11$0.31$3.80$4.72$4.77$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$0.41$3.96$4.56$4.55$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$0.19$3.82$4.82$4.45$0.37
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.55$0.12$3.43$4.66$4.49$0.17
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.67$0.29$3.38$4.74$5.18$0.44
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.13$0.22$3.91$5.22$5.00$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.13$3.41$4.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.20$0.12$3.08$4.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.13$2.36$4.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 22, 2025
Return Version
2024v5.2
Gross Receipts
$7,321,773
Mission and Program Overview

Mission

The mission of special olympics wisconsin, inc. Is to provide year-round sports training and athletic 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.using sports as the catalyst, special olympics works to end inactivity, injustice and intolerance, thus leading to a more respectful and inclusive society for all.

To provide individuals with intellectual disabilities year-round sports training & athletic competition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,285,521$4,744,835▲ $459,314
Savings and Temporary Cash Investments$1,914,022$2,291,651▲ $377,629
Cash and Non-Interest-Bearing Accounts$1,630,529$957,324▼ $673,205
Pledges and Grants Receivable$151,959$371,774▲ $219,815
Prepaid Expenses and Deferred Charges$73,463$104,002▲ $30,539
Land, Buildings, and Equipment, Net$28,515$46,405▲ $17,890
Total Assets$9,609,383$9,922,231▲ $312,848
Other Assets Total$1,525,374$1,406,240▼ $119,134
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,479,615$1,388,113▼ $91,502
Accounts Payable and Accrued Expenses$277,899$381,914▲ $104,015
Deferred Revenue$252,642$238,795▼ $13,847
Total Liabilities$2,010,156$2,008,822▼ $1,334
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,403,013$7,421,988▲ $18,975
Net Assets With Donor Restrictions$196,214$491,421▲ $295,207
Total Net Assets Fund Balance$7,599,227$7,913,409▲ $314,182
Total Liabilities and Net Assets / Fund Balance$9,609,383$9,922,231▲ $312,848

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$46,405$5,824$52,229
Other Assets Org$1,406,240--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$22,195---$22,195
2023$22,195---$22,195
2022$22,195---$22,195
2021$22,195---$22,195
2020$22,195---$22,195
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chad HershnerPresident/CEOFT$187,559$37,907$225,466
Addie TeeteresVP Marketing & CommunicationsFT$126,802$12,225$139,027
Robin Van Fleet BerganCFOFT$127,984$6,993$134,977

Board Members and Trustees

NameTitle
Marc CadieuxBoard Chair
Michael GrubichBoard Chair Elect
Allie MayerBoard Member
Alyssa BohmBoard Member
Arvind GopalratnamBoard Member
Brad SchimelBoard Member
Brian AndrewBoard Member
Bryan HyskaBoard Member
Casey WendtBoard Member
Chad FigueroaBoard Member
Garielle DowBoard Member
Heather SchimmersBoard Member
Jim OlsonBoard Member
Joel WenerBoard Member
Jon GreenbergBoard Member
Jon ReetzBoard Member
Julia FelloBoard Member
Lori CasperBoard Member
Marquis GarnerBoard Member
Michael FlowersBoard Member
Michael WitwerBoard Member
Rachel FrankBoard Member
Sabrina RobinsBoard Member
Sam DillmanBoard Member
Stacey AlexejunBoard Member
Chris LeemonBoard Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Risetech Partners INCIt Services111 W PLEASANT ST STE 101, Milwaukee, WI 53212$139,011
Revenue and Support

Revenue Composition

Contributions and Grants
$4,113,787
Program Service Revenue
$79,352
Investment Income
$181,954
Other Revenue
$1,272,360
All Other Contributions
$1,623,307
Change in Net Assets
$-44,789

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
Other Non Cash Contri Table324$172,072Fair Market Value (FMV)
Total Noncash Contributions324$172,072-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,106,069
Revenue Not Reported on Financial Statements
$-458,616
Revenue Not Reported on Form 990
$1,350,574
Other Revenue Adjustments
$-480,790
Total Revenue per Audited Statements
$7,456,643
Total Revenue per Form 990
$5,647,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,036,560
Salaries, Compensation, and Employee Benefits$2,563,365
Total Fundraising Expense$922,064
Grants and Similar Amounts Paid$92,317
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,473,056$141,007$227,907$1,841,970
Fees for Services Other$343,499$6,081$194,977$544,557
Occupancy$429,864$32,585$80,968$543,417
Office Expenses$213,532$12,174$166,406$392,112
Current Officers, Directors, Trustees, and Key Employees$242,636$23,226$94,581$360,443
Payroll Taxes$133,265$12,757$51,948$197,970
Travel$133,854$7,145$43,817$184,816
Information Technology$137,740--$137,740
Other Employee Benefits$77,322$7,403$30,140$114,865
Grants to Domestic Orgs$92,317--$92,317
Insurance$49,897$33,084$8,720$91,701
Payments to Affiliates$91,390--$91,390
Other Expenses$86,506$2,795$1,555$90,856
Advertising$48,467-$6,274$54,741
Pension Plan Contributions$32,391$3,100$12,626$48,117
Fees for Services Accounting-$23,250-$23,250
Fees for Service Investment Mgmnt Fees-$22,174-$22,174
Conferences and Meetings$22,088--$22,088
Fees for Services Lobbying$18,000--$18,000
Depreciation Depletion$4,192$869$2,145$7,206
Fees for Services Legal-$5,026-$5,026
Total Functional Expenses$4,437,502$332,676$922,064$5,692,242

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,142,461
Total Expenses per Form 990$5,692,242
Expenses per Audited Statements$5,670,068
Expenses Not Reported on Form 990$1,472,393
Expenses Not Reported on Financial Statements$22,174
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Milwaukee Public SchoolsMilwaukee, WIGovSchool Funding$16,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,689,855
Fundraising Direct Expenses$474,295
Gaming Gross Income$63,371
Gaming Direct Expenses$16,294
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Polar Plunge$1,136,690$897,813$395,667$502,146
Convoy$95,479$21,979$6,677$15,302
Total Events$4,004,628$1,689,855$474,295$1,215,560
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
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 presented to the board of directors for review and approval prior to filing with the internal revenue service.

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

It is the duty of all board members and staff to be aware of the conflict of interest policy, and to identify conflicts of interest and situations that may result in the appearance of a conflict and to disclose those situations/conflicts/or potential conflicts to the appropriate person. Any individual with an actual or perceived conflict of interest is recused from discussion and voting related to the topic with which they have a conflict.

Form 990, Part VI, Section B, Line 15

Salaries for each job title are commensurate with the nature of the position. The organization takes into consideration the diversity and complexity of duties, the amount of responsibility and judgment exercised, locations of position within the organizational chart and qualifications required. Each employee's salary is reviewed annually by the president. The board of directors approve the president's compensation. These reviews take into account the employee's performance, community conditions, comparison between similar types of positions, national trends and the financial position of special olympics wisconsin. A complete market survey pricing of all jobs occurred in 2014. The survey was performed by a third party.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Special Olympics Wisconsin Inc
EIN
39-1176591
Phone
6082221324
Address
6582 RONALD REAGAN AVE, MADISON, WI 53704

Signing Officer

Name
Chad Hershner
Title
President/CEO
Phone
6082221324
Signed
2025-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Hershner
Formed
1972
Legal Domicile
Wi
Voting Board Members
26
Independent Board Members
26
Employees
43
Volunteers
2,000

Preparer

Firm
Wipfli Llp
Address
2501 W BELTLINE HWY STE 501, MADISON, WI 53713
Preparer
Quinn Dugan
Phone
6082741980
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There were no changes made from prior year.

Financial Statement Notes

PART V, LINE 4:

The organization's endowment fund is intended to earn revenue to support the activities of the organization.

PART X, LINE 2:

Sowi is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of the position assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. Sowi has determined there are no amounts to record as assets or liabilities related to uncertain tax positions.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses -474,295. Cogs -6,495.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 474,295. Cogs 6,495.

Raw XML AppendixShowing 400 of 808 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.

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IRS990/Desc0GAMES & COMPETITION:SPECIAL OLYMPICS WISCONSIN (SOWI) PROVIDES FREE YEAR-ROUND TRAINING AND COMPETITIONS IN OLYMPIC-STYLE SPORTS TO ATHLETES, OF ANY AGE AND SKILL LEVEL, ACROSS THE STATE. ATHLETES HAVE OPPORTUNITIES TO COMPETE THROUGH LOCAL COMPETITIONS, REGIONAL TOURNAMENTS AND STATE-LEVEL GAMES WHERE THEY PUSH HARD AND PLAY HARDER. THEY STRIVE TO BEAT THEIR PERSONAL BESTS AND BUILD A POSITIVE SELF-IMAGE WHICH CARRIES OVER INTO THE HOME, CLASSROOM, WORKPLACE AND COMMUNITY.ATHLETES MAY ALSO PROGRESS TO ADVANCED COMPETITION AT THE NATIONAL AND WORLD LEVEL. REGARDLESS OF THE LEVEL OF COMPETITION, ATHLETES ARE CONTINUALLY ENCOURAGED TO CARRY OUT THE ATHLETE OATH: "LET ME WIN. BUT IF I CANNOT WIN, LET ME BE BRAVE IN THE ATTEMPT."
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IRS990/MissionDesc0THE MISSION OF SPECIAL OLYMPICS WISCONSIN, INC. IS TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC 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.USING SPORTS AS THE CATALYST, SPECIAL OLYMPICS WORKS TO END INACTIVITY, INJUSTICE AND INTOLERANCE, THUS LEADING TO A MORE RESPECTFUL AND INCLUSIVE SOCIETY FOR ALL.
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