Overview
What is Special Olympics Texas Inc?
Special Olympics Texas Inc, based in San Antonio, Texas, is a nonprofit organization that offers year-round sports training and competitive opportunities in 23 Olympic-style sports for over 45,000 children and adults with intellectual disabilities. Their programs extend beyond traditional team and individual sports, catering to those with physical or behavioral limitations through initiatives like Unified Sports, the Young Athletes Program, and the Fundamental Program. The organization also promotes social development and community integration, allowing athletes to develop physical fitness, show courage, experience joy, and share gifts, skills, and friendships with their families, fellow Special Olympics athletes, and the community. With a team of 115 dedicated individuals, Special Olympics Texas Inc strives to create an inclusive and supportive environment for all its participants.
Official website here: www.sotx.org
What are the reviews and ratings of this charity?
**Rating: 100% (Four-Star out of Four Star Rating on Charity Navigator)**
Special Olympics Texas Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its outstanding performance in accountability and finance. The organization is recognized for its financial health, sustainability, and trustworthiness, with all metrics indicating a highly effective governance structure, including a fully independent board of 23 members and robust financial oversight practices.
The nonprofit maintains excellent financial ratios, including a high program expense ratio of 96.34% and minimal liabilities at 12.25% of assets. These indicators highlight the organization’s commitment to directing resources toward its mission of providing sports training and athletic competition opportunities for individuals with intellectual disabilities in Texas.
While the accountability and finance aspects are commendable, the charity has not yet been scored for impact and measurement, culture and community, or leadership and adaptability. This absence highlights an area for potential growth, as evaluation in these domains could provide deeper insights into the organization's overall effectiveness and areas for improvement.
Not Available
This AI summary has been generated from information found on Charity Navigator.
Is Special Olympics Texas Inc legitimate?
Special Olympics Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Special Olympics Texas 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: $978,466
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,997,167
For more financial information, click here
Official website here: www.sotx.org
What is the mission statement of Special Olympics Texas Inc?
Special Olympics Texas Inc's mission is centered around providing year-round sports training and competitive opportunities for individuals with intellectual disabilities. Their goal is to foster physical fitness, courage, joy, and the sharing of gifts, skills, and friendship among these athletes. They offer a variety of Olympic-type sports, enabling participants to demonstrate their abilities and engage with their families, fellow Special Olympics athletes, and the community.
Official website here: www.sotx.org
Who is the CEO of Special Olympics Texas Inc?
Brenda Willeford is the Emeritus Board Member of Special Olympics Texas Inc. The CEO's salary of Special Olympics Texas Inc is $360,160 and their total compensation is $392,327.
Official website here: www.sotx.org
What is the revenue of Special Olympics Texas Inc?
Special Olympics Texas Inc's revenue in 2022 was $11,162,538.
Official website here: www.sotx.org
Who are the executives of Special Olympics Texas Inc and what are their salaries?
The average compensation at Special Olympics Texas Inc during 2022 was $43,266. There are 115 employees and 7107 volunteers at Special Olympics Texas Inc.
Here are 30 key members and their salaries (Special Olympics Texas Inc's CEO's salary is $360,160 and their total compensation is $392,327):
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Official website here: www.sotx.org
Where can I find the form 990 for Special Olympics Texas Inc?
Special Olympics Texas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sotx.org
Learn more at the official website: www.sotx.org
Mission Statement of Special Olympics Texas Inc
Special Olympics Texas Inc is dedicated to providing year-round sports training and athletic competition for individuals with intellectual disabilities. Their mission aims to offer these individuals the chance to develop physical fitness, demonstrate courage, experience joy, and participate in the sharing of gifts, skills, and friendship with their families, other Special Olympics athletes, and the community. Through a variety of Olympic-type sports, Special Olympics Texas Inc provides an inclusive environment where participants can showcase their abilities, build self-confidence, and foster meaningful relationships.
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Impact
July, 2024
Special Olympics Texas Inc has a significant impact on the lives of individuals with intellectual disabilities by providing year-round sports training and athletic competition opportunities. Through its programs in 23 Olympic-type sports, the organization serves over 45,000 children and adults with intellectual disabilities in Texas. Special Olympics Texas promotes physical fitness, courage, joy, and the opportunity to develop skills and friendships, benefiting not only the athletes but also their families and the wider community. Through initiatives such as Unified Sports, the Young Athletes Program, and the Fundamental Program, Special Olympics Texas creates an inclusive and supportive environment for individuals with intellectual disabilities to participate in sports and build connections.
This information is meant to be a general summary of Special Olympics Texas 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: $146,014
- Program Service Revenue: $54,906
- Gross Receipts: $12,120,858
Assets and Liabilities:
- Total Assets: $8,722,464
- Total Liabilities: $1,069,360
- Net Assets: $7,653,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$54,906
Organization Details
Founding Year
1978
Phone
(512) 835-9873Principal Officer
Brenda Willeford
Main Address
PO BOX 47106, SAN ANTONIO, TX, 78265
Website
www.sotx.orgNTEE Category
Code: N72Z - Recreation
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