Better Business Bureau Report for
Special Olympics Wisconsin, Inc.

Better Business Bureau Report issued October 2012
Better Business Bureau Report expires October 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Special Olympics Wisconsin, Inc.
Address: 2310 Crossroads Dr Suite 1000
  Madison, WI 53718
Phone: 608-222-1324
800-552-1324
Web Address: http://www.specialolympicswisconsin.org/
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Better Business Bureau Comments

Year, State Incorporated: 1972, Wisconsin
Affiliates: None
Stated Purpose: The mission of Special Olympics Wisconsin is to provide year-round sports training and competition in a variety of Olympic-type sports 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.

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Evaluation Conclusions

              

Special Olympics Wisconsin, Inc. meets the 20 Standards for Charity Accountability.
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Programs

              

Special Olympics transforms lives through the power and joy of sports every day, around the world. Special Olympics Wisconsin (SOWI provides year-round sports training and competition to nearly 10,000 individuals with intellectual disabilities. In 2011, SOWI hosted more than 137 regional competitions around the state and held five State Games. In 2011, two athletes had the opportunity to travel to Athens, Greece to participate in the Special Olympics World Summer Games. Special Olympics uses sports as a catalyst to reveal the champion in all of us. Through not only sports programming, but also health, education, community building programming, Special Olympics is changing the lives of individuals of intellectual disabilities. The support of volunteer medical professionals enabled SOWI to provide 1,886 free health screenings to individuals who are at a higher risk for secondary health problems. Our organization held 63 Spread the Word to End the Word® events to build awareness of the harmful effects of the word “retard” and recruited 18 Project UNIFY® schools to encourage young people to reduce bullying. Through the Young Athletes™ program, Special Olympics Wisconsin introduced 136 children, ages 2-7, with intellectual disabilities and 789 without disabilities to the world of sports, teaching them fundamental sports skills. In order to provide these activities, fundraising events are held throughout the year, including the state’s largest fundraising movement, the Law Enforcement Torch Run® (LETR), encompassing the statewide Polar Plunge®, Over the Edge, and other local events. The LETR raised more than $2.4 million in 2011.

For the fiscal year ended December 31, 2011, Special Olympics Wisconsin, Inc.'s program expenses were:

  
Training 1,649,067
Games & Competition 1,489,274
Agency 750,614
Public Education 614,250
Outreach 321,785
Total Program Expenses: $4,824,990
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Governance

              

Chief Executive : Dennis H. Alldridge, President/CEO
Compensation*: 
$145,338

Chair of the Board: Steve Holzhueter
Chair's Profession / Business Affiliation: Retired Accountant

Board Size: 20

Paid Staff Size: 38

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, telephone, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, planned giving arrangements, cause-related marketing
Fund raising costs were 29% of related contributions. (Related contributions, which totaled $6,646,867, are donations received as a result of fund raising activities.)
Special Olympics Wisconsin, Inc. incurred joint costs of $271,854 for informational materials and activities that included fund raising materials. Of those costs $135,927 was allocated to program expenses, $135,927 was allocated to fund raising expenses, and $ was allocated to administrative expenses.
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Special Olympics Wisconsin, Inc.'s audited financial statements for the fiscal year ended December 31, 2011.

Source of Funds  
Fundraising 3,184,203
Contributions 2,260,266
Agency 1,046,755
Net Assets Released from Restriction 155,643
Registration Fees 73,338
Other 3,889
Investment Income -12,482
Total Income $6,711,612


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Uses of Funds as a % of Total Expenses

Programs: 68%  Fund Raising: 27%  Administrative: 5% 

Total income $6,711,612
Program expenses $4,824,990
Fund raising expenses 1,934,164
Administrative expenses 325,409
Total expenses $7,084,563
Expenses in Excess of Income (372,951)
Beginning net assets 3,545,298
Other Changes in Net Assets (9,676)
Ending net assets 3,162,671
Total liabilities 118,913
Total assets $3,281,584


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