Special Olympics British Columbia Society
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
B-
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.
85%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 85 cents are available for programs.
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OVERVIEW
About Special Olympics British Columbia Society:
Special Olympics British Columbia is a 3-star rated, financially transparent charity. It has a below average results reporting grade and its overhead spending is within Ci’s reasonable range. Excluding donor-endowed funds, the charity’s reserve funds can cover two years and eight months of annual program costs.
Founded in 1980, Special Olympics BC (SOBC) is part of the Special Olympics movement in the province of British Columbia. It is affiliated with Special Olympics Canada and Special Olympics International. SOBC’s vision is that sport will open hearts and minds towards people with intellectual disabilities and create inclusive communities across British Columbia. The charity does not disclose how it allocates its program spending.
SOBC reports that an estimated 51,000 Canadians have intellectual disabilities and one to three per cent of the global population has an intellectual disability – as many as 200 million people. Special Olympics BC provides high-quality year-round sport programs and competitions that help people with intellectual disabilities celebrate personal achievement, gain confidence, and make friends. There are now more than 5,200 Special Olympics athletes aged two and older participating in year-round programs in 55 communities across BC.
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. These are 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. From 2011 to 2016, SOBC delivered 3,249 Healthy Athletes screenings in six disciplines.
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Results and Impact
Special Olympics BC’s Spread the Word campaign works to spread respect and inclusion by addressing the excluding and demeaning impact of the use of the word “retard(ed)”. Since 2009, over one million people have pledged to end their use of the R-word. In 2017, 70% of teens said they vocalized the wrong and demeaning use of the word. Only 48% of teens spoke up against it in 2009.
SOBC’s Healthy Athletes Screening Survey showed that in 29% of cases, Healthy Athletes' screenings detected a medical concern that caregivers were unaware of and 78% of caregivers felt that attending a screening helped them learn about health care.
While Charity Intelligence highlights these key results, they may not be a complete representation of Special Olympics BC's results and impact.
This charity is not yet rated for impact (n/r).
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Finances
Special Olympics British Columbia is financially transparent. Its audited financial statements are publicly available on its website.
Special Olympics British Columbia received $2.4m in donations and special events fundraising in F2022. It also received $838k in government funding, representing 28% of total revenues. Its administrative and fundraising costs are 15% of revenues. For every dollar donated, 85 cents are available for programs which is within Ci’s reasonable range for overhead spending.
SOBC has $7.2m in reserve funds, of which $1.7m is donor endowed. Excluding donor-endowed funds, SOBC can cover 264% or two years and eight months of annual program costs.
This charity review is an update that has been sent to Special Olympics British Columbia for review. Changes and edits may be forthcoming.
Updated August 18, 2023 by Victoria Allder.
Financial Review
Fiscal year ending June
|
2022 | 2021 | 2020 |
---|---|---|---|
Fundraising & admin costs as % of revenues | 15.5% | 15.2% | 16.0% |
Total overhead spending | 15.5% | 15.2% | 16.0% |
Program cost coverage (%) | 263.6% | 362.5% | 166.0% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
---|---|---|---|
Donations | 631,431 | 486,375 | 393,176 |
Government funding | 838,471 | 1,224,001 | 1,048,435 |
Fees for service | 3,034 | 13,112 | 4,804 |
Lotteries (net) | 129,271 | 151,480 | 126,230 |
Special events | 1,777,590 | 876,285 | 934,398 |
Investment income | (38,948) | 177,213 | 90,627 |
Other income | (324,777) | 100,416 | 59,135 |
Total revenues | 3,016,072 | 3,028,882 | 2,656,805 |
Program costs | 2,168,134 | 1,349,197 | 2,186,735 |
Fundraising & administrative costs | 473,428 | 434,356 | 410,656 |
Total spending | 2,641,562 | 1,783,553 | 2,597,391 |
Cash flow from operations | 374,510 | 1,245,329 | 59,414 |
Capital spending | 10,403 | 0 | 0 |
Funding reserves | 7,165,303 | 6,724,237 | 5,343,546 |
Note: Ci adjusted for deferred donations and included these amounts in other income as it is unclear from the charity’s audited financial statements whether this is government or non-government revenue. This affected total revenue by ($325k) in F2022, $100k in F2021 and $59k in F2020. Ci included investment income (loss) in investment income, affecting revenue by ($227k) in F2022, $63k in F2021 and $6k in F2020.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
3 |
$40k - $80k |
6 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 604-737-3078