Special Olympics Illinois

Nonprofit profile at a glance

EIN
362922811
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Normal, IL, USA
Phone
3098882551
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$15,429,640
Expenses
$16,020,337
Assets
$14,671,062
Liabilities
$3,194,521

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

45 people listed

Executive titles in this filing

  • PETE BEALE-DELVECCHIO (CEO)

Highest reported compensation

  • PETE BEALE-DELVECCHIO (CEO): $254,943 total reported compensation
  • CINDY VILLAFUERTE (CHIEF FINANCIAL & DIVERSITY OFFICER): $209,655 total reported compensation
  • KIM RIDDERING (COO): $202,436 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to provide year-round sports training and athletic competition in a variety of olympic-type sports for children and adults with intellectual disabilties, giving them continuing opportunities to develop physical fitness, demonstrate courage, experience joy and participate in a sharing of gifts, skills and friendship with their families, other special olympics athletes and the community.

What it reported doing in 2024

Unified champion schools: in 2024 unified champion schools has impacted over 400 schools providing programming opportunities in 3 component areas including unified sports, youth leadership and whole school engagement. Throughout the year we saw the results of two successful state-wide digital engagement events: the hybrid youth activation summit and the end of the playvs unified esports leagues. Unified sports competitions were hosted on various levels for esports, bocce, bags and bowling. The growth in special olympics ihsa unified sports has grown with track, dance, and bass fishing and basketball, with basketball increasing from 20 teams in 2023 to 38 in 2024. College initiatives and involvement has increased and the growth of the college inclusion council has made a huge impact. Youth activation and youth leadership opportunities across the state have continued to develop and professional development has been offered on all levels. A very successful school wide/community wide campaigns were offered during respect week. The cool school plunges grew this year from 18 to 39 throughout the state.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.8%; rating input score 88
  • Program expense ratio: 82.8%; rating input score 83
  • Fundraising efficiency: $6.81 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 8.8%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 87.8% of revenue deployed · 82.8% of spending went to programs
  • Governance: 37 of 37 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $13.3M in reported program spending
  • Leadership: top reported pay $255K · 45 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • 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 — Financial Efficiency: Fundraising efficiency scored 28/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.