Special Olympics South Carolina
Nonprofit profile at a glance
- EIN
- 570680248
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Lexington, SC, USA
- Phone
- 8037721555
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $5,889,992
- Expenses
- $4,407,315
- Assets
- $9,898,144
- Liabilities
- $35,443
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- BARRY S COATS (PRESIDENT CE)
Highest reported compensation
- BARRY S COATS (PRESIDENT CE): $251,488 total reported compensation
- SUE MANER (EXECUTIVE VP): $155,424 total reported compensation
- BARBARA OSWALD (VP OF PROGRA): $118,841 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Special olympics South Carolina provides year-round sports training and athletic competition in a variety of olympics-type sports and competitions for children and adults with intellectual disabilities, 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. Our program is also more than just sports. Special olympics South Carolina's year round programs also include initiatives in health, education and community building that addresses inactivity, injustice, intolerance and social isolation by encouraging and empowering people of all abilities.
What it reported doing in 2024
Special olympics games, information and support of individuals with intellectual disabilities in South Carolina to include over 400 competitions and trainings for over 28,000 athletes across the state of South Carolina at no cost to the participants.
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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 82
- Accountability: 95
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.4%; rating input score 70
- Program expense ratio: 90.9%; rating input score 91
- Fundraising efficiency: $21.36 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 25.2%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 2.25; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
- Officer compensation ratio: 11.9%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 6.4% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 14.2% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 70.4% of revenue deployed · 90.9% of spending went to programs
- Governance: 22 of 22 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $4M in reported program spending
- Leadership: top reported pay $251K · 20 people listed · 4 of 6 pay-setting controls reported
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 25/100.