Special Olympics Washington

Nonprofit profile at a glance

EIN
910962383
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Seattle, WA, USA
Phone
2066819375
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$7,173,263
Expenses
$7,916,258
Assets
$7,636,859
Liabilities
$1,849,230

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

Leadership & pay

42 people listed

Executive titles in this filing

  • DAVID WU (PRESIDENT & CEO (SEPARATED AUGUST 2024))
  • MARY DO (PRESIDENT & CEO)

Highest reported compensation

  • DAVID WU (PRESIDENT & CEO (SEPARATED AUGUST 2024)): $228,740 total reported compensation
  • MARY DO (PRESIDENT & CEO): $210,765 total reported compensation
  • MARK SINAY (VP OF FINANCE): $177,999 total reported compensation

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

Overview

Mission

Mission: to provide inclusive sports, health, and leadership programs that enable individuals with idd to develop skills, improve health, and participate fully in their communities.vision: to be the leading organization in Washington state promoting inclusion and opportunities for individuals with idd through sports, health services, and community engagement.

What it reported doing in 2024

Sports and competition: provided year-round training and competition in olympic-type sports. In 2024, sports offered included: o winter: alpine skiing, basketball, cheerleading, cross-country skiing, figure skating, speed skating, snowboarding, snowshoeingo spring: athletics (track & field), long-distance running/walking, cycling, powerlifting, soccer, swimming, and demonstration sports (ballroom dancing, equestrian)o summer: bocce, golf, softball, stand-up paddle boardingo fall: artistic gymnastics, bowling, flag football, volleyballunified sports: organized inclusive teams of athletes with and without idd to promote friendship and understanding through joint training and competition.healthy athletes: delivered free health screenings in dental, vision, podiatry, hearing, general health, and mental wellness through programs such as funfitness, health promotion, medfest, and strong minds. Healthy communities programs such as fit 5, so fit, and teambuildr emphasized wellness education, follow-up care, and community access.young athletes: provided early childhood play and sports programming for children ages 27, with and without idd, to build motor skills and social connections.athlete leadership: trained athletes to serve in leadership roles including spokesperson, team captain, coach, official, and member of the board of directors.unified champion schools: partnered with k12 schools to implement inclusive sports, youth leadership initiatives, and whole-school engagement projects.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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

STRONG - 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: 85
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.6%; rating input score 95
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $9.99 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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; 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: -10.4%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 11.9%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 5.8% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: 11.9% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 94.6% of revenue deployed · 85% of spending went to programs
  • Governance: 38 of 38 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.7M in reported program spending
  • Leadership: top reported pay $229K · 42 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
  • High — Sustainability: Operating margin scored 13/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.