Special Olympics British Columbia Society

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

Charitable Reg. #:12947 2411 RR0001

STAR RATING

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

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✔+

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.

88%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 88 cents are available for programs.



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Programs

About Special Olympics British Columbia Society:

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’s vision is that sport will open hearts and minds towards people with intellectual disabilities and create inclusive communities across British Columbia. SOBC reports that an estimated 69,000 Canadians have intellectual disabilities (approximately 1.5 per cent of population) and approximately 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 and gain confidence, skills, and friendships. There are now more than 4,800 Special Olympics athletes participating in year-round programs in 55 communities around 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, 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’s Health Promotion program has performed 62,469 examinations in 69 participating countries since its inception.  

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Finances

Special Olympics British Columbia is a medium-sized charity, with donations and special events fundraising of $3.8m in F2018. Its administrative and fundraising costs are 12% of revenues. For every dollar donated, 88 cents go to the cause, which is within Ci's reasonable range for overhead spending.   

SOBC has $5m in funding reserves, of which $1.7m is donor-endowed. This means that SOBC cover annual program costs for just over 1 year, excluding donor-endowed funds.    

This charity report is an update that has been sent to Special Olympics of British Columbia for review. Changes and edits may be forthcoming.

Updated June 28, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending June
201820172016
Fundraising & admin costs as % of revenues 11.6%11.6%11.8%
Program cost coverage (%) 155.6%189.6%179.3%

Summary Financial Statements

All figures in $s
201820172016
Donations 2,059,9292,018,0551,950,350
Fees for service 8,05010,37612,995
Lotteries (net) 180,574235,578288,901
Special events 1,723,5021,320,0541,398,848
Investment income (18,689)4,396(5,439)
Other income 100,29771,55240,468
Total revenues 4,053,6633,660,0113,686,123
Program costs 3,211,5092,542,6382,600,248
Fundraising & administrative costs 473,334422,908435,459
Cash flow from operations 368,820694,465650,416
Funding reserves 4,997,6764,819,9314,661,394

Note: Revenues have been adjusted to reflect deferred contributions in the year received, affecting donations by $234k in F2018, $502k in F2017 and $450k in F2016.

Salary Information

Full-time staff: 190

Avg. Compensation $7,042

Top 10 staff salary range

$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 F2018

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Comments & Contact

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Charity Contact

Website: www.specialolympics.bc.ca
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