Overview
What is Special Olympics Maine Inc?
Special Olympics Maine Inc, located in South Portland, Maine, is a dedicated nonprofit organization that provides year-round sports training and competitive opportunities for children and adults with intellectual disabilities. They conduct numerous state-level competitions annually, offering a diverse range of Olympic-style sports, including summer and winter games, regional soccer and basketball events, equestrian, aquatics, bocce, motor activities, golf, tennis, and more. This nonprofit serves over 5,000 athletes each year, with additional local or area-level events. Special Olympics Maine Inc also offers a comprehensive coaches education system to train volunteer coaches and event volunteers, who in turn, guide and support the athletes in their chosen sports. With a team of 8 individuals, this organization plays a vital role in fostering inclusivity and promoting sports participation among individuals with intellectual disabilities in Maine.
Official website here: www.specialolympicsmaine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%
Special Olympics Maine Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization holds an impressive 100% independent board member status and maintains a strong financial oversight through its audit committee and appropriate policies. The low liabilities to assets ratio suggests a sound financial health, contributing positively to its overall score.
The charity allocates a significant portion of its budget to programs, with a program expense ratio of 64.64%. This demonstrates a commitment to fulfilling its mission of providing sports opportunities for individuals with intellectual disabilities. The presence of necessary policies, such as conflict of interest and whistleblower protections, showcases a dedication to ethical governance.
However, while the overall rating is favorable, the program expense ratio may raise some concerns for donors regarding the balance between administrative costs and programmatic expenditures. Despite this, the strong governance practices and independent oversight contribute to a trustworthy organization focused on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Special Olympics Maine Inc legitimate?
Special Olympics Maine Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Special Olympics Maine Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $122,216
Professional Fundraising Fees: $0
Other Salaries and Wages: $284,398
For more financial information, click here
Official website here: www.specialolympicsmaine.org
What is the mission statement of Special Olympics Maine Inc?
Special Olympics Maine Inc's mission is to offer year-round sports training and competitive events for individuals with intellectual disabilities. This is accomplished through various Olympic-style sports. The organization conducts several state-level competitions annually, including summer and winter games, regional soccer and basketball events, equestrian, aquatics, bocce, motor activities, golf, and tennis competitions. These events cater to over 5,000 athletes annually. At the local or area level, there are over 70 competitive events available. Special Olympics Maine Inc also provides a statewide comprehensive "Coaches Education System" to train volunteer coaches and event volunteers, who then instruct the athletes in the numerous sports offered.
Official website here: www.specialolympicsmaine.org
Who is the CEO of Special Olympics Maine Inc?
Philip Geelhoed is the Ceo of Special Olympics Maine Inc. The CEO's salary of Special Olympics Maine Inc is $116,458 and their total compensation is $122,216.
Official website here: www.specialolympicsmaine.org
What is the revenue of Special Olympics Maine Inc?
Special Olympics Maine Inc's revenue in 2022 was $1,887,745.
Official website here: www.specialolympicsmaine.org
Who are the executives of Special Olympics Maine Inc and what are their salaries?
The average compensation at Special Olympics Maine Inc during 2022 was $50,827. There are 8 employees and 984 volunteers at Special Olympics Maine Inc.
Here are 25 key members and their salaries (Special Olympics Maine Inc's CEO's salary is $116,458 and their total compensation is $122,216):
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Official website here: www.specialolympicsmaine.org
Where can I find the form 990 for Special Olympics Maine Inc?
Special Olympics Maine Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.specialolympicsmaine.org
Learn more at the official website: www.specialolympicsmaine.org
Mission Statement of Special Olympics Maine Inc
Special Olympics Maine Inc is committed to providing year-round sports training and competitive opportunities for children and adults with intellectual disabilities. This nonprofit organization offers a wide range of Olympic-style sports, allowing individuals with intellectual disabilities to participate and showcase their abilities. Their mission is to foster an inclusive environment where these athletes can develop skills, build confidence, and experience the joy of competition.
Throughout the year, Special Olympics Maine Inc conducts several state-level competitions in 22 different sports. These events include summer and winter games, regional soccer and basketball events, equestrian competitions, aquatics, bocce, motor activities, golf, tennis, and many more. These competitions provide a platform for over 5,000 athletes annually to showcase their talents. Additionally, the organization offers more than 70 competitive events at the local or area level.
Special Olympics Maine Inc also provides a comprehensive "Coaches Education System" to train volunteer coaches and event volunteers. These individuals, in turn, help to train the athletes in the wide variety of sports offered by the organization. By offering these training programs, Special Olympics Maine Inc ensures that its athletes receive high-quality coaching and support, enabling them to reach their full potential.
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Impact
July, 2024
Special Olympics Maine Inc provides year-round sports training and athletic competition for children and adults with intellectual disabilities in a variety of Olympic-style sports. The organization hosts several state-level competitions annually, including the Summer and Winter Games which attract 1,500 and 500 athletes respectively. Additionally, they organize regional soccer and basketball events, equestrian, aquatics, bocce, motor activities, golf, and tennis competitions in various locations around the state.
With their programs, Special Olympics Maine serves over 5,000 different athletes each year, offering more than 70 competitive events at the local or area level. They also provide a statewide comprehensive "coaches education system" to train volunteer coaches and event volunteers, ensuring that athletes receive proper training in the sports offered.
In summary, Special Olympics Maine Inc positively impacts the lives of individuals with intellectual disabilities by providing them with opportunities to participate in sports, develop their skills, and engage in healthy competition, fostering a sense of inclusion and empowerment within the community.
This information is meant to be a general summary of Special Olympics Maine Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $122,775
- Program Service Revenue: $22,615
- Gross Receipts: $6,211,951
Assets and Liabilities:
- Total Assets: $9,504,850
- Total Liabilities: $178,458
- Net Assets: $9,326,392
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMP TALL PINES
Revenue
$22,615
Organization Details
Founding Year
1973
Phone
(207) 879-0489Principal Officer
Philip Geelhoed
Main Address
525 MAIN STREET-D, SOUTH PORTLAND, ME, 04106
Website
www.specialolympicsmaine.orgNTEE Category
Code: N72Z - Recreation
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