Overview
What is Special Olympics Pennsylvania Inc?
Special Olympics Pennsylvania Inc, located in Norristown, Pennsylvania, is a nonprofit organization with a mission to offer free sports training and competitions for individuals with intellectual disabilities. They organize a wide range of Olympic-style sports, increasing their offerings by 171 competitions compared to the previous year. This nonprofit organization aims to provide opportunities for physical activity, social interaction, and the demonstration of competence, which extend beyond the playing field and significantly impact the lives of these individuals. In addition, Special Olympics Pennsylvania Inc serves as a positive venue for families, volunteers, and donors to become part of a caring community, fostering a sense of involvement in the movement. With a workforce of 70 employees, their initiatives are designed to enhance the overall well-being and independence of those with intellectual disabilities.
Official website here: www.specialolympicspa.org
What are the reviews and ratings of this charity?
**Rating: 98% (Four-Star out of Four Star Rating on Charity Navigator)**
Special Olympics Pennsylvania Inc has achieved an impressive four-star rating from Charity Navigator, reflecting a high level of accountability and financial health. The assessment is based solely on its accountability and finance score, which stands at 98%. The organization boasts a fully independent board and effective financial oversight processes, which may indicate strong governance practices.
The nonprofit demonstrates a robust financial framework with a high program expense ratio of 67.91%, signifying that a significant portion of its funds directly supports its mission. Additionally, its fundraising efficiency is commendable, with a low cost of fundraising at $0.14 for every dollar raised, which suggests effective utilization of resources. However, it is essential to note that the organization has not been rated on aspects such as impact measurement and leadership adaptability.
User reviews from GreatNonprofits are currently not available.
This AI summary has been generated from information found on Charity Navigator.
Is Special Olympics Pennsylvania Inc legitimate?
Special Olympics Pennsylvania Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Special Olympics Pennsylvania 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: $262,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,495,151
For more financial information, click here
Official website here: www.specialolympicspa.org
What is the mission statement of Special Olympics Pennsylvania Inc?
Special Olympics Pennsylvania Inc's mission is centered around providing year-round sports training and competition in various Olympic-style sports for children and adults with intellectual disabilities. This mission aims to offer continuous opportunities for these individuals to enhance their physical fitness, showcase courage, experience joy, and engage in a shared exchange of gifts, skills, and friendship with their families, fellow Special Olympics athletes, and the wider community. The organization's goal is to empower these individuals, fostering a sense of belonging and camaraderie within the sports community.
Official website here: www.specialolympicspa.org
Who is the CEO of Special Olympics Pennsylvania Inc?
Matthew B Aaron is the Chairman of Special Olympics Pennsylvania Inc. The CEO's salary of Special Olympics Pennsylvania Inc is $221,369 and their total compensation is $262,540.
Official website here: www.specialolympicspa.org
What is the revenue of Special Olympics Pennsylvania Inc?
Special Olympics Pennsylvania Inc's revenue in 2022 was $10,162,781.
Official website here: www.specialolympicspa.org
Who are the executives of Special Olympics Pennsylvania Inc and what are their salaries?
The average compensation at Special Olympics Pennsylvania Inc during 2022 was $53,681. There are 70 employees and 42000 volunteers at Special Olympics Pennsylvania Inc.
Here are 33 key members and their salaries (Special Olympics Pennsylvania Inc's CEO's salary is $221,369 and their total compensation is $262,540):
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Official website here: www.specialolympicspa.org
Where can I find the form 990 for Special Olympics Pennsylvania Inc?
Special Olympics Pennsylvania Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.specialolympicspa.org
Learn more at the official website: www.specialolympicspa.org
Mission Statement of Special Olympics Pennsylvania Inc
Special Olympics Pennsylvania Inc is dedicated to offering year-round sports training and competition in various Olympic-style sports for children and adults experiencing intellectual disabilities. The organization's mission is to provide them with continuous opportunities to enhance their physical fitness, showcase courage, experience joy, and engage in the sharing of gifts, skills, and friendships with their families, fellow Special Olympics athletes, and the wider community. This mission empowered by the Special Olympics Pennsylvania Inc aims to create a supportive environment where individuals with intellectual disabilities can grow, thrive, and build meaningful relationships.
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Impact
October, 2024
The impact of Special Olympics Pennsylvania Inc is profound and far-reaching, significantly enhancing the lives of individuals with intellectual disabilities. Through year-round sports training and competitions, the organization offers a structured environment where athletes can improve their physical fitness, cultivate courage, and experience joy. This initiative not only fosters athletic skills but also supports personal development and social interaction.
With 505 traditional and unified competitions held recently—a remarkable increase of 171 events from the previous year—athletes aged 8 and older have more opportunities than ever to engage in a variety of Olympic-type sports. These activities are provided at no cost to participants and their families, ensuring that everyone can experience the life-changing benefits of involvement in sports.
The influence of Special Olympics extends beyond the field. Participants gain essential developmental and life skills that translate into greater independence and fulfillment in their everyday lives. The camaraderie and friendships formed through this program create strong community bonds, allowing athletes, families, volunteers, and donors to connect and support one another. This shared experience cultivates a caring, inclusive community that embraces and celebrates the abilities of all individuals.
This information is meant to be a general summary of Special Olympics Pennsylvania 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: $140,039
- Program Service Revenue: $46,640
- Gross Receipts: $10,964,662
Assets and Liabilities:
- Total Assets: $14,122,341
- Total Liabilities: $2,821,918
- Net Assets: $11,300,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION
Revenue
$46,640
Organization Details
Founding Year
1970
Phone
(610) 630-9450Principal Officer
Matthew B Aaron
Main Address
2750 BLVD OF THE GENERALS 124, NORRISTOWN, PA, 19403
Website
www.specialolympicspa.orgNTEE Category
Code: N70 - Recreation
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