Overview
What is Special Olympics Vermont Inc?
Special Olympics Vermont Inc, based in South Burlington, Vermont, is a compassionate nonprofit organization that focuses on the overall development of individuals with intellectual disabilities. Their mission is achieved through community engagement, personal wellness, and sports activities. By providing athletic training and competitions, they foster confidence, enhance self-images, and create a supportive environment for their athletes. This holistic approach extends beyond sports, offering a range of programming to promote physical fitness, courage, joy, and social connections. With the assistance of dedicated staff and an army of over 1,000 volunteers annually, Special Olympics Vermont Inc empowers these individuals, enabling them to integrate positively into various aspects of their lives, including their homes, classrooms, jobs, and communities.
Official website here: www.specialolympicsvermont.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Special Olympics Vermont Inc has received an overall score of 87%, reflecting a strong focus on accountability and finance. This high rating is based solely on its accountability and finance metrics, indicating that the organization operates with a solid financial oversight structure and governance practices. The independent board members contribute to the transparency and integrity of the organization, achieving full marks for having a majority of independent members.
The organization excels in various aspects of its financial management, including maintaining a low liability to assets ratio of 19.22%, which suggests good financial health. Additionally, Special Olympics Vermont has a well-documented conflict of interest and whistleblower policy, reinforcing its commitment to ethical operations. The comprehensive audit and oversight measures in place highlight its dedication to accountability.
However, while the program expense ratio is commendable at 66.25%, it indicates that there may be opportunities for improving the efficiency of program spending. Overall, the nonprofit demonstrates strong financial practices and governance, but potential donors might wish to inquire further about how funds are prioritized in relation to program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Special Olympics Vermont Inc legitimate?
Special Olympics Vermont Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Special Olympics Vermont 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: $147,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,588
For more financial information, click here
Official website here: www.specialolympicsvermont.org
What is the mission statement of Special Olympics Vermont Inc?
Special Olympics Vermont (SOVT) primarily focuses on the physical, social, and psychological development of individuals with intellectual disabilities. They achieve this primarily through athletic training and competitions. The organization offers a wide range of programming to support holistic well-being, with a strong emphasis on year-round sports training and athletic competition in various Olympic-type sports. This provides continuous opportunities for these individuals to develop physical fitness, demonstrate courage, experience joy, and participate in the sharing of gifts, skills, and friendships with their families, other Special Olympics athletes, and the community.
Official website here: www.specialolympicsvermont.org
Who is the CEO of Special Olympics Vermont Inc?
Sarah Mccaffrey is the President & of Special Olympics Vermont Inc.
Official website here: www.specialolympicsvermont.org
What is the revenue of Special Olympics Vermont Inc?
Special Olympics Vermont Inc's revenue in 2022 was $1,019,864.
Official website here: www.specialolympicsvermont.org
Who are the executives of Special Olympics Vermont Inc and what are their salaries?
The average compensation at Special Olympics Vermont Inc during 2022 was $44,110. There are 11 employees and 591 volunteers at Special Olympics Vermont Inc.
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Official website here: www.specialolympicsvermont.org
Where can I find the form 990 for Special Olympics Vermont Inc?
Special Olympics Vermont Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.specialolympicsvermont.org
Learn more at the official website: www.specialolympicsvermont.org
Mission Statement of Special Olympics Vermont Inc
Special Olympics Vermont (SOVT) plays a significant role in promoting the physical, social, and psychological development of individuals with intellectual disabilities. Primarily, they achieve this through athletic training and competitions. The organization offers a wide array of programming to support holistic well-being, with a strong focus on year-round sports training and athletic competitions in various Olympic-type sports. These activities provide ongoing opportunities for these individuals to develop physical fitness, show courage, experience joy, and engage in the sharing of gifts, skills, and friendships with their families, other Special Olympics athletes, and the wider community. By participating in these events, individuals with intellectual disabilities can demonstrate their abilities, foster self-confidence, and contribute to a more inclusive society.
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Impact
October, 2024
Special Olympics Vermont Inc significantly enhances the lives of individuals with intellectual disabilities through its commitment to athletic training and competition. By providing year-round opportunities for participation in various Olympic-type sports, the organization fosters the physical, social, and psychological development of its athletes.
Through successful engagement in community events and personal wellness initiatives, athletes build confidence and enhance their self-image, which positively impacts their interactions in homes, schools, workplaces, and broader communities. The involvement of dedicated staff and nearly 1,000 volunteers creates a supportive environment where athletes can experience personal growth, develop physical fitness, and celebrate their achievements alongside peers.
Ultimately, the positive outcomes extend beyond athletics, as the skills and friendships nurtured in this inclusive setting cultivate a sense of belonging and joy, making a profound difference in the lives of athletes and their families.
This information is meant to be a general summary of Special Olympics Vermont 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: $14,149
- Gross Receipts: $1,140,307
Assets and Liabilities:
- Total Assets: $2,371,165
- Total Liabilities: $455,866
- Net Assets: $1,915,299
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Organization Details
Founding Year
1971
Phone
(802) 863-5222Principal Officer
Sarah Mccaffrey
Main Address
16 GREGORY DRIVE SUITE 2, SOUTH BURLINGTON, VT, 05403
NTEE Category
Code: N70 - Recreation
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