Ohio Senior Olympics Inc
Nonprofit profile at a glance
- EIN
- 311293267
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-N 2022
- Location
- Cincinnati, OH, USA
- Phone
- 5135204275
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $110,630
- Expenses
- $74,699
- Assets
- $91,111
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- PETER WIMBERG (PRESIDENT)
Highest reported compensation
- DINA S HANKS (EXECUTIVE DI): $11,669 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To use tax exempt competitions to promote the health of Ohio's seniors. The Ohio senior olympics, through tax-exempt competitive activities, aims to inspire a culture of fitness, collaboration, and community among older adults, to contribute to the health and well-being of our states senior population. The Ohio senior olympics is dedicated to promoting healthy lifestyles among ohioans aged 50 and over through a comprehensive program of education, fitness, and athletic competition. Our mission is to foster a community that emphasizes the importance of physical activity and wellness for seniors, thereby enhancing their overall quality of life. We provide opportunities for participation in top-quality athletic competitions, workshops, and educational sessions designed to inform and motivate seniors to engage in regular physical activity and healthy living.
What it reported doing in 2024
The Ohio senior olympics' provides athletic competitions and competitive game activities to inspire Ohio seniors with a culture of fitness, collaboration, and community among older adults, making the Ohio senior olympics a vital contributor to the health and well-being of our states senior population.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for member benefits.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.5%; rating input score 64
- Program expense ratio: 95.5%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 32.5%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 1.22; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 15.6%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 101.8% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 94.9% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 49.1% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 64.5% of revenue deployed · 95.5% of spending went to programs
- Governance: 17 of 17 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $71K in reported program spending
- Leadership: top reported pay $12K · 17 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Officer compensation ratio scored 24/100.