Totals
- Total revenue
- $8,172,533
- Total expenses
- $6,996,915
- Contributions and grants received
- $7,971,554
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $629,883
- Other revenue
- -$428,904
- Total assets, end of year
- $18,838,336
- Total liabilities, end of year
- $2,841,107
- Net assets or fund balances, end of year
- $15,997,229
- Program services expenses (Part IX)
- $5,730,873
- Management and general expenses
- $510,713
- Fundraising expenses
- $755,329
- Program service expenses (Part III)
- $5,730,873
Program services were 81.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$2,277,786
-
1e · Government grants (contributions)
$425,000
-
1f · All other contributions, gifts and grants
$5,268,768
-
1g · Noncash contributions included above
$8,378
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $401,275 · excluded $401,275
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $3,483,874 · other assets $7,900
-
7b · Less cost or other basis and sales expenses
securities $3,263,166
-
7c · Gain or loss
securities $220,708 · other assets $7,900
-
7d · Net gain or loss
total $228,608 · excluded $228,608
-
8a · Fundraising events: gross income
$191,045
-
8a · Fundraising events: contributions included on line 1c
$2,277,786
-
8b · Fundraising events: direct expenses
$644,221
-
8c · Net income from fundraising events
total -$453,176 · excluded -$453,176
-
11a · Other revenue: Miscellaneous
total $24,272 · excluded $24,272
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$24,272
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $201,620 · program services $157,235 · management and general $13,634 · fundraising $30,751
-
7 · Other salaries and wages
total $2,523,322 · program services $1,967,829 · management and general $170,630 · fundraising $384,863
-
8 · Pension plan contributions
total $152,545 · program services $118,964 · management and general $10,315 · fundraising $23,266
-
9 · Other employee benefits
total $230,850 · program services $180,030 · management and general $15,610 · fundraising $35,210
-
10 · Payroll taxes
total $197,727 · program services $154,199 · management and general $13,370 · fundraising $30,158
-
11a · Fees: management
total $351,660 · program services $305,359 · management and general $19,503 · fundraising $26,798
-
11b · Fees: legal
total $8,836 · management and general $8,836
-
11c · Fees: accounting
total $46,022 · management and general $46,022
-
11f · Fees: investment management
total $52,698 · management and general $52,698
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $85,119 · program services $50,620 · management and general $10,476 · fundraising $24,023
-
13 · Office expenses
total $566,176 · program services $538,407 · management and general $12,473 · fundraising $15,296
-
16 · Occupancy
total $434,066 · program services $346,593 · management and general $27,110 · fundraising $60,363
-
17 · Travel
total $948,995 · program services $917,999 · management and general $13,954 · fundraising $17,042
-
22 · Depreciation, depletion and amortization
total $138,781 · program services $113,879 · management and general $7,649 · fundraising $17,253
-
23 · Insurance
total $104,574 · program services $92,976 · management and general $9,801 · fundraising $1,797
-
24a · Other expenses: CONTRIBUTED MATERIALS
total $283,080 · program services $283,024 · management and general $17 · fundraising $39
-
24b · Other expenses: FACILITIES RENTAL
total $243,254 · program services $241,905 · management and general $1,349
-
24c · Other expenses: EQUIPMENT RENTAL AND MAINTENANCE
total $208,232 · program services $166,933 · management and general $13,668 · fundraising $27,631
-
24d · Other expenses: NATIONAL ACCREDITATION
total $90,172 · program services $90,172
-
24e · All other expenses
total $129,186 · program services $4,749 · management and general $63,598 · fundraising $60,839
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,475,777 · end of year $2,913,327
-
2 · Savings and temporary cash investments
beginning of year $2,847,898 · end of year $3,231,805
-
3 · Pledges and grants receivable
beginning of year $428,665 · end of year $532,499
-
4 · Accounts receivable
beginning of year $421,498 · end of year $742,826
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $169,637 · end of year $174,361
-
10a · Land, buildings and equipment: cost or other basis
$1,380,060
-
10b · Land, buildings and equipment: accumulated depreciation
$1,015,631
-
10c · Land, buildings and equipment, net
beginning of year $441,810 · end of year $364,429
-
11 · Investments: publicly traded securities
beginning of year $6,882,915 · end of year $8,460,714
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $2,028,492 · end of year $2,418,375
-
17 · Accounts payable and accrued expenses
beginning of year $218,590 · end of year $316,654
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $2,086,917 · end of year $2,524,453
-
27 · Net assets without donor restrictions
beginning of year $12,819,775 · end of year $14,215,242
-
28 · Net assets with donor restrictions
beginning of year $1,571,410 · end of year $1,781,987
Mission and programs · 2024
Mission
SPECIAL OLYMPICS VIRGINIA, INC. IS A NONSTOCK CORPORATION THAT PROVIDES YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES AT NO COST TO THE ATHLETES OR THEIR FAMILIES. THE ORGANIZATION (CONTINUED ON SCHEDULE O)
Activities or mission (Part I)
SPECIAL OLYMPICS PROVIDES YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND (CONTINUED ON SCHEDULE O)
-
EACH YEAR, SPECIAL OLYMPICS VIRGINIA ATHLETES SHOWCASE THEIR SKILLS AT FIVE SIGNATURE STATE-LEVEL EVENTS: THE XPERIENCE TENNIS CHAMPIONSHIPS, SPEED SKATING CHAMPIONSHIPS, BASKETBALL CHAMPIONSHIPS, SUMMER GAMES AND FALL CHAMPIONSHIPS. HELD SEASONALLY THROUGHOUT THE YEAR, THESE COMPETITIONS BRING TOGETHER ATHLETES, UNIFIED PARTNERS AND VOLUNTEERS FROM ACROSS THE COMMONWEALTH FOR UNFORGETTABLE MOMENTS OF SPORT AND INCLUSION. OUR LARGEST EVENT, SUMMER GAMES, IS NOTHING SHORT OF LEGENDARY. IN JUNE 2024, MORE THAN 1300 DEDICATED VOLUNTEERS BRAVED THE RICHMOND HEAT TO SUPPORT 1181 ATHLETES AND UNIFIED PARTNERS COMPETING IN SWIMMING, SOFTBALL, TRACK & FIELD, BOWLING AND TENNIS. ADDITIONALLY, DURING THE GAMES, ATHLETES RECEIVED FREE SCREENINGS AND TREATMENT IN VISION, HEARING, DENTAL CARE AND FITNESS, THANKS TO THE HEALTHY ATHLETES PROGRAM. THE COMPETITION YEAR BEGAN IN JANUARY WITH THE XPERIENCE TENNIS CHAMPIONSHIPS AND SPEED SKATING (CONTINUED ON SCHEDULE O)
Expenses $1,173,016
-
AREA PROGRAMS: SPECIAL OLYMPICS VIRGINIA HAS SUB-DIVIDED THE STATE INTO 32 GEOGRAPHIC AREA PROGRAMS IN ORDER TO REACH AS MANY PEOPLE WITH INTELLECTUAL DISABILITIES AS POSSIBLE. THESE PROGRAMS GENERALLY CONTAIN SEVERAL CITIES AND COUNTIES. THE VOLUNTEERS IN THESE AREAS RAISE FUNDS FOR THEIR AREA, DECIDE WHAT ACTIVITIES TO OFFER IN THEIR AREA, AND GENERALLY ARE THE GRASSROOTS PROVIDER OF SPECIAL OLYMPICS VIRGINIA SERVICES. THESE EVENTS PROVIDE AN OPPORTUNITY FOR ATHLETES TO DISPLAY THEIR CAPABILITIES AND INSPIRE PEOPLE IN THEIR COMMUNITIES AND ELSEWHERE TO OPEN THEIR HEARTS TO A WIDER WORLD OF HUMAN TALENTS AND POTENTIAL. IN ADDITION, REGULAR PHYSICAL ACTIVITY IS EXTREMELY IMPORTANT TO PEOPLE WITH INTELLECTUAL DISABILITIES, WHO FACE SIGNIFICANT CHALLENGES IN ACCESSING QUALITY HEALTH CARE AND OBTAINING OPPORTUNITIES THAT PROMOTE FITNESS AND WELLNESS, RESULTING IN PRONOUNCED HEALTH DISPARITIES AND REDUCED LIFE EXPECTANCY.
Expenses $745,089
-
SPECIAL OLYMPICS UNIFIED CHAMPION SCHOOLS (UCS) PROGRAM USES SPORTS TO DEVELOP SCHOOL COMMUNITIES WHERE YOUTH ARE AGENTS OF CHANGE, FOSTERING RESPECT, DIGNITY AND ADVOCACY FOR PEOPLE WITH DISABILITIES. IN COLLABORATION WITH SCHOOL SYSTEMS ACROSS VIRGINIA, THE VIRGINIA HIGH SCHOOL LEAGUE AND THE VIRGINIA DEPARTMENT OF EDUCATION, THE GOAL IS TO INSPIRE THE FIRST UNIFIED GENERATION. UCS IS AIMED AT PROMOTING SOCIAL INCLUSION THROUGH INTENTIONALLY PLANNED AND IMPLEMENTED ACTIVITIES AFFECTING SYSTEMS-WIDE CHANGE. WITH SPORTS AS THE FOUNDATION, THE THREE COMPONENT MODEL - INCLUSIVE SPORTS, INCLUSIVE YOUTH LEADERSHIP OPPORTUNITIES, AND WHOLE SCHOOL ENGAGEMENT - OFFERS A UNIQUE COMBINATION OF EFFECTIVE ACTIVITIES THAT EQUIP YOUNG PEOPLE WITH TOOLS AND TRAINING TO CREATE SPORTS, CLASSROOM AND SCHOOL CLIMATES OF ACCEPTANCE. THESE ARE SCHOOL CLIMATES WHERE STUDENTS WITH DISABILITIES FEEL WELCOME AND ARE ROUTINELY INCLUDED IN, AND FEEL A PART OF, ALL ACTIVITIES, OPPORTUNITIES AND FUNCTIONS. IN VIRGINIA, WE HAVE 555 ENGAGED SCHOOLS IN 59 JURISDICTIONS, AND 17,500 YOUTH INVOLVED IN UNIFIED SPORTS PROGRAMMING.
Expenses $506,890
-
ALL OTHER PROGRAM SERVICES
Expenses $3,305,878
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David E ThomasonDAVID E THOMASON
OFFICER - PRESIDENT & CEO
- Total calculated
- $201,620
- From this org
- $179,191
- From related orgs
- $0
- Other
- $22,429
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,191
- Bonus
- $0
- Other
- $0
- Deferred
- $14,620
- Nontaxable benefits
- $7,809
- Filer's total
- $201,620
-
Dr Joy CavagnaroDR JOY CAVAGNARO
OFFICER - PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Elliot EliadesELLIOT ELIADES
OFFICER - SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kelly MortensenKELLY MORTENSEN
OFFICER - TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Michael SaxonMICHAEL SAXON
OFFICER - CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Amy WolfeAMY WOLFE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andrea MannANDREA MANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill Boddie JrBILL BODDIE JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brigid KleinBRIGID KLEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Capt Jill MillsCAPT JILL MILLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chelsea GaughranCHELSEA GAUGHRAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris HallCHRIS HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danny MeyerDANNY MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Marcelle DavisDR MARCELLE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim KuznarJIM KUZNAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joel MartinJOEL MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marc A TateMARC A TATE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Olga WoltmanOLGA WOLTMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rick PalmieriRICK PALMIERI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sher David DecaturSHER DAVID DECATUR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave PawlowskiDAVE PAWLOWSKI
VP - SPORTS, FITNESS & HEALTH
- Total calculated
- $127,093
- From this org
- $117,536
- From related orgs
- $0
- Other
- $9,557
- Hours/week
- 40
-
Holly ClaytorHOLLY CLAYTOR
VICE PRESIDENT, DEVELOPMENT AND COMMUNICATIONS
- Total calculated
- $119,496
- From this org
- $110,439
- From related orgs
- $0
- Other
- $9,057
- Hours/week
- 40
-
Kim D'ErricoKIM D'ERRICO
VP - FINANCE & ADMINISTRATION
- Total calculated
- $137,294
- From this org
- $126,300
- From related orgs
- $0
- Other
- $10,994
- Hours/week
- 40
-
Roy ZeidmanROY ZEIDMAN
SENIOR VP - MARKETING & DEVELOPMENT
- Total calculated
- $179,720
- From this org
- $158,913
- From related orgs
- $0
- Other
- $20,807
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,913
- Bonus
- $0
- Other
- $0
- Deferred
- $12,998
- Nontaxable benefits
- $7,809
- Filer's total
- $179,720
-
Val ReinfordVAL REINFORD
VP - LOCAL PROGRAM SERVICES
- Total calculated
- $117,485
- From this org
- $108,428
- From related orgs
- $0
- Other
- $9,057
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
- THE PRESIDENT'S PERFORMANCE IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD EVERY OTHER YEAR. THE EXECUTIVE COMMITTEE DETERMINES THE PRESIDENT'S RAISE, OTHER COMPENSATION AND HIS CONTINUED EMPLOYMENT.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202503169349306470
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