Civic Intelligence

Special Olympics Louisiana Inc

EIN 72-0706608 • 501(c)3 • Covington, LA

View Organization Page

Profile

Provide sports training and athletic competition for all children and adults with intellectual disabilities, giving them opportunities to develop physical fitness, demonstrate courage, experience joy, and participate in a sharing of gifts, skills and friendship with their families, other SO athletes and the community.

1010 W 21st AvenueCovington, LA 70433

www.laso.org

Siviq Scores

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

Liabilities / Assets

61st percentile

0.14x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

69th percentile

16%

Higher net margin than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

90th percentile

47%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

64%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$3,597,704

Up $1,155,958 (+47%) from 2023

Liabilities

Up

$508,223

Up $410,715 (+421%) from 2023

Net Assets

Up

$3,089,481

Up $745,243 (+32%) from 2023

Operations
Liabilities / Revenue57th percentileNet Margin69th percentile

Revenue

Up

$4,199,731

Up $1,633,765 (+64%) from 2023

Expenses

Up

$3,522,577

Up $1,235,387 (+54%) from 2023

Net Income

Up

$677,154

Up $398,378 (+143%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,505,025Liabilities 2011: $237,477Net Assets 2011: $1,267,5482011Assets 2012: $1,573,602Liabilities 2012: $206,972Net Assets 2012: $1,366,6302012Assets 2013: $1,482,394Liabilities 2013: $166,247Net Assets 2013: $1,316,1472013Assets 2014: $1,353,856Liabilities 2014: $167,040Net Assets 2014: $1,186,8162014Assets 2015: $1,390,690Liabilities 2015: $82,168Net Assets 2015: $1,308,5222015Assets 2016: $1,455,038Liabilities 2016: $62,970Net Assets 2016: $1,392,0682016Assets 2017: $1,119,125Liabilities 2017: $77,786Net Assets 2017: $1,041,3392017Assets 2018: $970,507Liabilities 2018: $21,133Net Assets 2018: $949,3742018Assets 2019: $1,407,269Liabilities 2019: $98,393Net Assets 2019: $1,308,8762019Assets 2020: $1,309,182Liabilities 2020: $48,376Net Assets 2020: $1,260,8062020Assets 2021: $1,858,444Liabilities 2021: $115,300Net Assets 2021: $1,743,1442021Assets 2022: $2,266,787Liabilities 2022: $255,481Net Assets 2022: $2,011,3062022Assets 2023: $2,441,746Liabilities 2023: $97,508Net Assets 2023: $2,344,2382023Assets 2024: $3,597,704Liabilities 2024: $508,223Net Assets 2024: $3,089,4812024

Highlighted filing

2024

Assets$3,597,704
Liabilities$508,223
Net Assets$3,089,481
Open 2024 Filing

Operations Trend

Revenue Growth88th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,916,434Expenses 2011: $1,892,926Net Income 2011: $23,5082011Revenue 2012: $1,922,047Expenses 2012: $1,803,598Net Income 2012: $118,4492012Revenue 2013: $1,843,223Expenses 2013: $1,893,706Net Income 2013: -$50,4832013Revenue 2014: $1,771,929Expenses 2014: $1,901,260Net Income 2014: -$129,3312014Revenue 2015: $1,921,027Expenses 2015: $1,799,321Net Income 2015: $121,7062015Revenue 2016: $1,904,388Expenses 2016: $1,824,861Net Income 2016: $79,5272016Revenue 2017: $1,452,714Expenses 2017: $1,807,182Net Income 2017: -$354,4682017Revenue 2018: $1,686,224Expenses 2018: $1,778,189Net Income 2018: -$91,9652018Revenue 2019: $1,944,400Expenses 2019: $1,584,898Net Income 2019: $359,5022019Revenue 2020: $1,163,433Expenses 2020: $1,211,503Net Income 2020: -$48,0702020Revenue 2021: $1,726,996Expenses 2021: $1,244,658Net Income 2021: $482,3382021Revenue 2022: $2,211,046Expenses 2022: $1,835,098Net Income 2022: $375,9482022Revenue 2023: $2,565,966Expenses 2023: $2,287,190Net Income 2023: $278,7762023Revenue 2024: $4,199,731Expenses 2024: $3,522,577Net Income 2024: $677,1542024

Highlighted filing

2024

Revenue$4,199,731
Expenses$3,522,577
Net Income$677,154
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
$3,597,704
Liabilities
$508,223
Net assets
$3,089,481
Revenue
$4,199,731
Expenses
$3,522,577
Net income
$677,154
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.51$3.09$4.20$3.52$0.68
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.10$2.34$2.57$2.29$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.26$2.01$2.21$1.84$0.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.12$1.74$1.73$1.24$0.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.05$1.26$1.16$1.21$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.10$1.31$1.94$1.58$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.02$0.95$1.69$1.78$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.08$1.04$1.45$1.81$0.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.06$1.39$1.90$1.82$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.08$1.31$1.92$1.80$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.35$0.17$1.19$1.77$1.90$0.13
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.17$1.32$1.84$1.89$0.05
2012Summary only. Only limited summary data is available for this year.$1.57$0.21$1.37$1.92$1.80$0.12
2011Summary only. Only limited summary data is available for this year.$1.51$0.24$1.27$1.92$1.89$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 12, 2025
Return Version
2024v5.0
Gross Receipts
$4,199,731
Mission and Program Overview

Mission

Provide sports training and athletic competition for all children and adults with intellectual disabilities, giving them opportunities to develop physical fitness, demonstrate courage, experience joy, and participate in a sharing of gifts, skills and friendship with their families, other SO athletes and the community.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,006,354$1,197,595▲ $191,241
Investments in Publicly Traded Securities$864,019$1,100,628▲ $236,609
Land, Buildings, and Equipment, Net$50,096$674,559▲ $624,463
Accounts Receivable$454,230$580,877▲ $126,647
Prepaid Expenses and Deferred Charges$29,394$41,045▲ $11,651
Total Assets$2,441,746$3,597,704▲ $1,155,958
Other Assets Total$37,653$3,000▼ $34,653
Liabilities
Unsecured Notes Loans Payable-$464,763-
Accounts Payable and Accrued Expenses$62,687$43,460▼ $19,227
Mortgage Notes Payable Secured by Investment Property$34,821--
Total Liabilities$97,508$508,223▲ $410,715
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,668,903$2,272,951▲ $604,048
Net Assets With Donor Restrictions$675,335$816,530▲ $141,195
Total Net Assets Fund Balance$2,344,238$3,089,481▲ $745,243
Total Liabilities and Net Assets / Fund Balance$2,441,746$3,597,704▲ $1,155,958

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,942$70,580$109,522
Buildings$527,397$4,853-
Land$108,220--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
John GuzzardoPresident/ceFT$190,355$190,355
John GuzzardoPresident/CEO-$190,355$190,355

Board Members and Trustees

NameTitle
Payton LambertChair
Ashleigh Clare-kearney ThigpenDirector
Brandon McnabbDirector
Craig BlackburnDirector
Donna RenoDirector
Jill EgleDirector
Mike LaneDirector
Peter Seidenberg Md MaDirector
Randy DavidsonDirector
Shawn LedigDirector
Steve JacobsDirector
Frenchie KesslerSecretary
Paul Tanguis CPA Cgma CvaTreasure
Revenue and Support

Revenue Composition

Contributions and Grants
$4,063,758
Program Service Revenue
$0
Investment Income
$16,478
Other Revenue
$119,495
All Other Contributions
$2,370,524
Change in Net Assets
$677,154

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 Amount
Other Non Cash Contri Table1$1,274,511
Total Noncash Contributions1$1,274,511

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,199,731
Total Revenue per Audited Statements
$4,199,731
Total Revenue per Form 990
$4,199,731
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,302,435
Salaries, Compensation, and Employee Benefits$1,220,142
Total Fundraising Expense$416,694
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$540,561$99,366$89,569$729,496
Current Officers, Directors, Trustees, and Key Employees$140,863$25,928$23,564$190,355
Other Employee Benefits$139,680$8,458$22,724$170,862
Travel$93,143$6,005$14,789$113,937
Other Expenses$57,432$8,282$9,536$75,250
Payroll Taxes$55,774$9,096$9,260$74,130
Insurance$45,295$11,753$7,520$64,568
Occupancy$46,066$2,988$7,650$56,704
Fees for Services Accounting$45,251$2,740$7,362$55,353
Pension Plan Contributions$45,207$2,737$7,355$55,299
Depreciation Depletion$8,145$11,294$1,352$20,791
Office Expenses$14,076$913$2,337$17,326
Advertising$8,610$2,772$4,918$16,300
All Other Expenses$10,030$1,090$1,666$12,786
Interest-$12,261-$12,261
Fees for Services Other$4,576$277$744$5,597
Conferences and Meetings$3,672$548$610$4,830
Total Functional Expenses$2,572,573$533,310$416,694$3,522,577

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,522,577
Total Expenses per Audited Statements$3,522,577
Total Expenses per Form 990$3,522,577
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$99,428
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other Events$99,428$99,428-$99,428
Total Events$99,428$99,428-$99,428
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
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
Backup withholding compliance
No
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, Page 6, Part VI, Line 6

“The organization has members in the form of a volunteer board of directors whose function is to set and enforce policies.”

Form 990, Page 6, Part VI, Line 7A

“The board of directors receives nominations and has elections for new board members and officers each year.”

Form 990, Page 6, Part VI, Line 11B

“The completed form 990 is reviewed by the treasurer of the board of directors and recommends changes and corrections to be made. The completed document is provided to all board members.”

Form 990, Page 6, Part VI, Line 12C

“Once an officer, director or key employee completes the form indicating a conflict of interest, it is discussed at the executive committee level and then by the board of directors.”

Form 990, Page 6, Part VI, Line 15A

“Salary compensation is compared to a bi-annual salary survey of special olympics programs nationwide, conducted by an independent firm. The executive committee reviews the information and recommends any adjustments to the board of directors. All adjustments are voted on by the board of directors. Evaluations are conducted annually.”

Form 990, Page 6, Part VI, Line 15B

“Salary compensation is compared to a bi-annual salary survey of special olympics programs nationwide, conducted by an independent firm. The executive committee reviews the information and recommends any adjustments to the board of directors. All adjustments are voted on by the board of directors. Evaluations are conducted annually.”

Form 990, Page 6, Part VI, Line 19

“All applicable documents-governing documents, conflict of interest and other policies, and financial statements, are available upon request and have been provided when requested.”

Filing and Contact Details

Filer

Filer Name
Special Olympics Louisiana Inc
EIN
72-0706608
Phone
9853456644
Address
1010 W 21ST AVENUE, COVINGTON, LA 70433

Signing Officer

Name
John Guzzardo
Title
President/CEO
Phone
9853456644
Signed
2025-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Guzzardo
Formed
1971
Legal Domicile
La
Voting Board Members
14
Independent Board Members
13
Employees
18
Volunteers
8,500

Preparer

Firm
Twru Cpas & Financial Advisors
Address
527 E AIRPORT AVE, BATON ROUGE, LA 70806-6515
Preparer
Linda R Gibson CPA
Phone
2259261050
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.”

Form 990, Page 2, Part III, Line 4A

“Sports, competition and training- the organization trains volunteer coaches in working with special needs individuals and in sport specific training instructions. Athletes participate in a number of the competitions held annually at the local, parish, area and state level, offering competitive events in more than 30 sports. Every four years, athletes compete in usa games. Every other year, athletes can qualify to compete in either the summer world games or winter world games, giving them further opportunities to grow and meet new people from other countries and cultures. Various programs including unified champion schools, unified sports, fitness clubs, healthy athletes and the young athletes program promote the health and well-being of athletes including intervention of early childhood sports development.”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The endowment funds were donated specifically to fund the local program in acadia parish through the use of the earnings. The parish program use the earnings on the fund for expenses relating to conducting competition events and for travel expenses to events.”

Raw XML AppendixShowing 400 of 510 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/MissionDesc0THE 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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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNICATIONS & MARKETING- THE ORGANIZATION HAS A GOAL OF TRANSPARENCY AND KEEPING THE PUBLIC INFORMED OF THE SERVICES PROVIDED TO LOUISIANA CITIZENS WITH INTELLECTUAL DISABILITIES. AWARENESS BRINGS ADDITIONAL OPPORTUNITIES TO REACH THE OTHER 130,000 CITIZENS WHO QUALIFY TO PARTICIPATE BUT ARE NOT YET BEING SERVED. THE PUBLIC AWARENESS, IS ACCOMPLISHED THROUGH MULTIPLE NEWSLETTERS, EMAILS, DIRECT CONTACT OF HOMES AND BUSINESSES, ANNUAL REPORTS, AND MEDIA CAMPAIGNS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS WERE DONATED SPECIFICALLY TO FUND THE LOCAL PROGRAM IN ACADIA PARISH THROUGH THE USE OF THE EARNINGS. THE PARISH PROGRAM USE THE EARNINGS ON THE FUND FOR EXPENSES RELATING TO CONDUCTING COMPETITION EVENTS AND FOR TRAVEL EXPENSES TO EVENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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