Special Olympics Ontario Inc.

65 Overlea Boulevard, Suite 200
Toronto, ON M4H 1P1
Board Chair: Taje Mohabir
CEO: Glenn MacDonell

Charitable Reg. #:11906 8435 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 2/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

C

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

75%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 75 cents are available for programs.



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OVERVIEW

About Special Olympics Ontario Inc.:

Special Olympics Ontario is a 2-star rated, financially transparent charity. It has a below average results reporting grade and its overhead spending is within Ci’s reasonable range. The charity has $7.4m in reserve funds, which can cover a year and seven months of annual program costs.

Founded in 1968, Special Olympics Ontario (SOO) provides year-round training and sports competitions for kids and adults with intellectual disabilities. The charity gives athletes the opportunity to play 18 sports and improve their physical skills. Sports are designated as winter, spring, and summer offerings. Winter sports include alpine skiing, curling, figure skating, floor hockey, Nordic skiing, snowshoeing, and speed skating. Spring sports include five-pin bowling, ten-pin bowling, basketball, powerlifting, rhythmic gymnastics, and swimming. Summer sports include athletics, bocce, golf, soccer and softball. In F2022, the charity served over 26,000 athletes in 95 communities.

In F2022, Special Olympics Ontario ran both virtual and in-person sporting events. 557 athletes participated in provincial virtual games while the virtual fitness and health programs had 14,788 participants.

Special Olympics Ontario reports that, on a typical team of ten athletes, nine have problems with flexibility or balance, seven are overweight or obese, four need eyeglasses, four have untreated tooth decay, three would fail a hearing test, and one needs urgent referral to a dentist. To help solve these health issues, Special Olympics Ontario’s Health program runs health screenings.  There are eight different health screenings with the goal to improve athletes’ ability to train and compete. The charity has 13 eye exam locations in Kingston, nine in Guelph, and seven in Niagara. Currently, the charity has 118 healthcare providers in its network.  

Special Olympics Ontario runs school and youth programs which help over 13,000 athletes. In F2022, 5,827 volunteers contributed to 1,249 programs and 110 events held in schools.

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Results and Impact

Special Olympics Ontario highlights multiple testimonials on its website of athletes who experienced personal growth, made friends, and became better athletes while participating in SOO’s programming.

Charity Intelligence did not find any quantified outcomes on the Special Olympics Ontario website. This may not be a complete representation of SOO's results and impact.

This charity is not yet rated on impact (n/r).

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Finances

Special Olympics Ontario is financially transparent. Its audited financial statements are publicly available on its website.

Special Olympics Ontario received donations and special events revenue of $3.3m in F2022. The charity also received $2.0m in government funding, representing 31% of total revenue. Administrative costs are 7% of revenues (excluding investment income) and fundraising costs are 17% of donations. This means overhead costs are 25%. For every dollar donated, 75 cents are available for programs. This is within Ci’s reasonable range of overhead spending.  

Special Olympics Ontario has reserve funds of $7.4m, which can cover a year and seven months of annual program costs. Although reserve funds increased by $1.3m from F2021 to F2022, program costs increased by $1.2m, maintaining a relatively steady program cost coverage ratio.

This charity report is an update that was sent for review to Special Olympics Ontario. Changes and edits may be forthcoming. 

Updated on August 2, 2023 by Victoria Allder.

Financial Review


Financial Ratios

Fiscal year ending June
202220212020
Administrative costs as % of revenues 7.2%8.7%7.9%
Fundraising costs as % of donations 17.4%23.1%21.1%
Total overhead spending 24.6%31.7%28.9%
Program cost coverage (%) 161.5%180.0%116.7%

Summary Financial Statements

All figures in $000s
202220212020
Donations 129158154
Goods in kind 12811518
Government funding 1,9741,7121,106
Fees for service 637449284
Lotteries (net) 164170173
Special events 3,1842,3583,740
Investment income 8883220
Total revenues 6,3055,0455,696
Program costs 4,5603,3824,503
Administrative costs 447430431
Fundraising costs 577580820
Total spending 5,5854,3935,754
Cash flow from operations 720652(58)
Capital spending 000
Funding reserves 7,3626,0895,255

Note: Ci adjusted for deferred donations, affecting total revenues by ($24k) in F2022, $22k in F2021 and $39k in F2020. Ci has presented lottery revenue (Nevada Tickets) net of expenses, decreasing total revenues and expenses by $124k in F2022, $116k in F2021 and $107k in F2020.

Salary Information

Full-time staff: 24

Avg. compensation: $100,283

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
2
$40k - $80k
7
< $40k
0

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.specialolympicsontario.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (416) 447-8326

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Charitable Registration Number: 80340 7956 RR0001