Overview
What is Special Olympics Delaware Inc?
Special Olympics Delaware Inc, located in Newark, Delaware, serves as a sponsor for various athletic events, catering to the needs of intellectually and physically disabled individuals. The nonprofit organization's primary mission is to provide year-round sports training and competitive opportunities in a variety of Olympic-style sports for children eight years old and above, as well as adults with intellectual disabilities or significant learning or vocational problems. By doing so, they offer continuous chances for physical fitness development, courage demonstration, joy experience, and the chance to form friendships with their families, fellow Special Olympics athletes, and the wider community. With a dedicated workforce of 14 individuals, Special Olympics Delaware Inc strives to improve the lives of its members through sports and camaraderie.
Official website here: www.sode.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
Special Olympics Delaware Inc has achieved a prestigious Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The perfect score indicates that the organization adheres to high standards of transparency and governance, which is vital for building trust with donors and the community. The rating is based solely on accountability and financial metrics, showcasing the organization’s focus on maintaining a healthy and responsible operational framework.
The organization enjoys a fully independent board, consisting of 16 members, which enhances its decision-making process and ensures that governance remains free from conflicts of interest. Additionally, their robust financial practices are evident through their exemplary performance in various metrics, including a low liability-to-assets ratio and a high percentage of program expenses directed towards mission-related activities.
While the financials are impressive, the focus on stringent fiscal accountability means that potential donors can feel confident their contributions are being used effectively. However, the summary does not provide insights into program outcomes or community impact, leaving some aspects of the organization's effectiveness unaddressed. Nonetheless, the financial integrity and governance practices of Special Olympics Delaware Inc make it a commendable organization deserving of support.
This AI summary has been generated from information found on Charity Navigator.
Is Special Olympics Delaware Inc legitimate?
Special Olympics Delaware Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Special Olympics Delaware 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: $158,323
Professional Fundraising Fees: $0
Other Salaries and Wages: $702,762
For more financial information, click here
Official website here: www.sode.org
What is the mission statement of Special Olympics Delaware Inc?
Special Olympics Delaware Inc's mission is centered around providing year-round sports training and athletic competitions in various Olympic-style sports for individuals aged eight and above with intellectual disabilities or significant learning or vocational challenges. This organization offers continuous opportunities for these individuals to improve their physical fitness, demonstrate courage, experience joy, and engage in a sharing of gifts, skills, and friendship with their families, fellow Special Olympics athletes, and the community. The primary goal is to foster an inclusive environment where these individuals can grow, connect, and thrive.
Official website here: www.sode.org
Who is the CEO of Special Olympics Delaware Inc?
David Halley is the Director of Special Olympics Delaware Inc. The CEO's salary of Special Olympics Delaware Inc is $114,769 and their total compensation is $142,872.
Official website here: www.sode.org
What is the revenue of Special Olympics Delaware Inc?
Special Olympics Delaware Inc's revenue in 2022 was $2,176,564.
Official website here: www.sode.org
Who are the executives of Special Olympics Delaware Inc and what are their salaries?
The average compensation at Special Olympics Delaware Inc during 2022 was $61,506. There are 14 employees at Special Olympics Delaware Inc.
Here are 20 key members and their salaries (Special Olympics Delaware Inc's CEO's salary is $114,769 and their total compensation is $142,872):
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- Compensation: $114,769
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- Other: $28,103
Official website here: www.sode.org
Where can I find the form 990 for Special Olympics Delaware Inc?
Special Olympics Delaware Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sode.org
Learn more at the official website: www.sode.org
Mission Statement of Special Olympics Delaware Inc
Special Olympics Delaware Inc strives to provide year-round sports training and competitive opportunities in various Olympic-style sports for children eight years old and above, as well as adults with intellectual disabilities or significant learning and vocational challenges. This nonprofit organization's mission is to offer these individuals continuous opportunities to enhance their physical fitness, showcase courage, experience joy, and engage in a sharing of gifts, skills, and friendship with their families, fellow Special Olympics athletes, and the wider community. By participating in these activities, the individuals involved can develop essential life skills and build strong, supportive relationships.
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Impact
October, 2024
Special Olympics Delaware Inc has a profound impact on the lives of individuals with intellectual disabilities and significant learning challenges. By providing year-round sports training and athletic competition in a variety of Olympic-type sports, the organization enables athletes aged eight and older to enhance their physical fitness and skills while fostering a sense of community.
Through participation in athletic events, athletes not only develop their physical abilities but also demonstrate remarkable courage, experience joy, and build meaningful relationships. The inclusive environment encourages sharing gifts and skills, promoting friendships among athletes, their families, and the wider community. This engagement creates a support network that helps combat social stigma and builds self-esteem for participants, empowering them to lead more active and fulfilling lives.
By sponsoring various athletic events, Special Olympics Delaware Inc plays a pivotal role in advocating for acceptance and inclusion, illustrating the importance of sport as a unifying force that transcends differences. Overall, the organization's commitment to promoting athleticism and camaraderie significantly enriches the lives of its athletes and fosters a culture of respect and understanding within the broader community.
This information is meant to be a general summary of Special Olympics Delaware 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: $47,454
- Gross Receipts: $2,733,327
Assets and Liabilities:
- Total Assets: $3,228,142
- Total Liabilities: $59,721
- Net Assets: $3,168,421
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Organization Details
Founding Year
1971
Phone
(302) 831-3480Principal Officer
David Halley
Main Address
619 S COLLEGE AVENUE, NEWARK, DE, 19716
Website
www.sode.orgNTEE Category
Code: N70 - Recreation
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