Special Olympics British Columbia

3701 Hastings St., Unit 210
Burnaby, BC V5C 2H6
President & CEO: Dan Howe
Board Chair: Ted Hirst

Website: www.specialolympics.bc.ca
Charitable Reg. #: 12947 2411 RR0001
Sector: Sports & Recreation
Operating Charity

Results Reporting

Grade: B-

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

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2012 2013 2014
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #17

Avg. Compensation $69,226

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 F2014

About Special Olympics British Columbia:

Founded in 1980, Special Olympics BC (SOBC) is part of the Special Olympics movement in the province of British Columbia and is affiliated with Special Olympics Canada and Special Olympics International. SOBC provides sport training and competitive activities to individuals with intellectual disabilities, and currently works in 57 communities in the province. These individuals go on to participate in regional, provincial, and national Special Olympics events.

SOBC offers training for 18 sports including summer sports such as basketball and golf, as well as winter sports such as cross-country skiing and curling, offered to children aged eight and up. The charity also runs youth programs for children from ages two to 18, a year-round fitness program, and athlete health initiatives. SOBC has prepared a detailed strategic plan to increase its current base of 4,350 participants in SOBC programs to 5,600 by 2018.

Financial Review:

Administrative costs are 16% of revenues and the charity does not report fundraising costs. At the end of F2014, SOBC had funding reserves of $3.8m (of which $1.2m was donor-endowed). The funding reserves cover annual program costs for 1.4 years, or 1 year excluding donor endowed funds.

This report is old and we are not seeing much donor interest necessitating an update. If you are a donor and would like to see an update, please contact us at Charity Intelligence.

Updated July 31, 2015 by Yash Ahuja.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 15.8%17.5%14.2%
Fundraising costs as % of donations 0.0%0.0%0.0%
Program cost coverage (%) 141.9%209.9%186.1%

Summary Financial Statements

All figures in $s
Donations 996,1861,216,6631,545,732
Fees for service 9,8769,9579,741
Lotteries (net) 265,967286,864291,624
Special events 1,437,7691,027,719930,087
Investment income 41,91342,00232,886
Total revenues 2,751,7112,583,2052,810,070
Program costs 2,690,9071,933,3081,783,319
Administrative costs 428,437444,177394,703
Fundraising costs 000
Cash flow from operations (367,633)205,720632,048
Funding reserves 3,818,3354,057,9613,319,193
Note: Revenues have been adjusted to reflect deferred contributions in the year received, affecting donations by ($470k) in F2014, $165k in F2013 and $214k in F2012.

Comments added by the Charity:

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