Delaware Special Olympics INC

Tax-deductible

Newark, DE501(c)(3)EIN 23-7162877

Special olympics provides year-round sports training and atheltic competition in a variety of olympic-type sports for children eight years of age or older and adults with intellectual disability (or other significnt learning or vocational problems), 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.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Run by 1,200 volunteers and 14 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $518K a year · 22% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$178K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$86K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.0M
+11% vs prior year
Spent
$2.5M
To programs
78%
Net assets
$4.6M
By yearFY2020–FY2024
Revenue
$3.0M
FY2024▲ +11%
Revenue by fiscal year
FY2020$1.9M
FY2021$2.0M
FY2022$2.2M
FY2023$2.7M
FY2024$3.0M
Expenses
$2.5M
FY2024▲ +25%
Expenses by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$1.8M
FY2023$2.0M
FY2024$2.5M
Net assets
$4.6M
FY2024▲ +15%
Net assets by fiscal year
FY2020$2.5M
FY2021$3.1M
FY2022$3.2M
FY2023$4.0M
FY2024$4.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $1.9M Management & general 3% · $79K Fundraising 19% · $461K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

21 people listed on the 990; $178K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$177,872Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair & Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
David Halley$177,872$162,269$114,769——
Ann M Grunert——$12,266$107,500$107,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers year-round sports training and competition for children and adults with intellectual disabilities.

Provided by the organization

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1 program service account for $1.9M of program spending, described in the organization's own filed words · FY2024.
01

Sponsor of various athletic events for the benefit of the intellectually and physically disabled

$1.9Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$7K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Gifts and grantsLn 1h$2.3M
Other incomeLn 4–11$462K
Investment incomeLn 3$218K
Money outPt IX
$2.5M
Ln 25
Programscol B$1.9M
Managementcol C$79K
Fundraisingcol D$461K
Owns and owesPt X
$4.6M
net assets · Ln 32
Cash and savingsLn 1–2$62K
Total assetsLn 16$4.7M
LiabilitiesLn 26$86K
PeoplePt VI, VII
21
listed · VII A
PaidVII A1
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Government grantsLn 1e$181K
Fundraising eventsLn 1c$1.1M
Investment incomeLn 3$218K
Other incomeLn 4–11$462K
Gains on assetsLn 7$62K
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$57K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$62K
InvestmentsLn 11–13$4.2M
Land, buildings, equipmentLn 10c$287K
Other assetsLn 15$26K
Total assetsLn 16$4.7M
LiabilitiesLn 26$86K
Net assetsLn 32$4.6M
OperationsPt I, VI
EmployeesI 514
VolunteersI 61,200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$384K$62K
InvestmentsLn 11–13$3.2M$4.2M
Land, buildings, equipmentLn 10c$310K$287K
Total assetsLn 16$4.1M$4.7M
LiabilitiesLn 26$80K$86K
Net assetsLn 32$4.0M$4.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$178K$127K$8K$42K
Other salaries and wagesLn 7$921K$660K$44K$218K
Other employee benefitsLn 9$270K$212K$17$59K
Payroll taxesLn 10$80K$58K$4K$18K
Investment management feesLn 11f$12K$12K
Office expensesLn 13$4K$3K$817
OccupancyLn 16$6K$6K
Conferences, conventions and meetingsLn 19$65K$45K$190$20K
Payments to affiliatesLn 21$32K$32K
Depreciation, depletion and amortizationLn 22$31K$18K$6K$6K
InsuranceLn 23$27K$27K
Other expenses (24a–d)Ln 24$720K$643K$2K$74K
All other expensesLn 24e$144K$118K$3K$23K
Total functional expensesLn 25$2.5M$1.9M$79K$461K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.0M$2.5M$492K$4.6M 990 PDF
FY2023 $2.7M$2.0M$704K$4.0M 990 PDF
FY2022 $2.2M$1.8M$327K$3.2M 990 PDF
FY2021 $2.0M$1.5M$586K$3.1M 990 PDF
FY2020 $1.9M$1.4M$479K$2.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $2,982,280 across 9 lines filed
VIII-1c Fundraising events$1,139,162
VIII-1d Related organizations$557,352
VIII-1e Government grants$180,985
VIII-1f All other contributions, gifts and grants$425,573
VIII-1h Total contributions, gifts and grants$2,303,072
VIII-3 Investment incomeExcluded from tax $155,113$155,113
VIII-7 Net gain or loss on sales of assetsRelated to mission $62,485$62,485
VIII-8 Net income from fundraising eventsExcluded from tax $461,610$461,610
VIII-12 Total revenueRelated to mission $62,485 · Unrelated business $0 · Excluded from tax $616,723$2,982,280
Part IX · Statement of functional expenses $2,489,853 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $127,362 · Management $8,463 · Fundraising $42,047$177,872
IX-7 Other salaries and wagesPrograms $659,504 · Management $43,821 · Fundraising $217,730$921,055
IX-9 Other employee benefitsPrograms $211,836 · Management $17 · Fundraising $58,522$270,375
IX-10 Payroll taxesPrograms $57,943 · Management $3,561 · Fundraising $18,383$79,887
IX-11f Investment management feesManagement $12,101$12,101
IX-13 Office expensesPrograms $3,191 · Fundraising $817$4,008
IX-16 OccupancyPrograms $5,652$5,652
IX-19 Conferences, conventions and meetingsPrograms $45,163 · Management $190 · Fundraising $20,045$65,398
IX-21 Payments to affiliatesPrograms $32,035$32,035
IX-22 Depreciation, depletion and amortizationPrograms $18,482 · Management $6,161 · Fundraising $6,161$30,804
IX-23 InsurancePrograms $27,306$27,306
IX-24 Other expenses (24a–d)Programs $643,458 · Management $1,806 · Fundraising $74,415$719,679
IX-24e All other expensesPrograms $117,670 · Management $2,983 · Fundraising $23,028$143,681
IX-25 Total functional expensesPrograms $1,949,602 · Management $79,103 · Fundraising $461,148$2,489,853
Part X · Balance sheet $4,689,592 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $379,424$57,015
X-2 Savings and temporary cash investmentsStart of year $5,001$5,001
X-3 Pledges and grants receivableStart of year $111,910$125,753
X-4 Accounts receivableStart of year $1,029$37,434
X-10c Land, buildings and equipment, netStart of year $309,725$287,341
X-11 Publicly traded securitiesStart of year $3,233,556$4,151,302
X-15 Other assetsStart of year $34,166$25,746
X-16 Total assetsStart of year $4,079,321$4,689,592
X-17 Accounts payable and accrued expensesStart of year $45,636$59,258
X-25 Other liabilitiesStart of year $34,774$26,750
X-26 Total liabilitiesStart of year $80,410$86,008
X-27 Net assets without donor restrictionsStart of year $3,798,911$4,378,584
X-28 Net assets with donor restrictionsStart of year $200,000$225,000
X-32 Total net assets or fund balancesStart of year $3,998,911$4,603,584
X-33 Total liabilities and net assetsStart of year $4,079,321$4,689,592
Part XI · Reconciliation of net assets $4,603,584 net assets at year end
XI-1 Total revenue$2,982,280
XI-2 Total expenses$2,489,853
XI-3 Revenue less expenses$492,427
XI-4 Net assets at start of year$3,998,911
XI-5 Net unrealized gains (losses) on investments$112,246
XI-6 Donated services and use of facilities$1,415,791
XI-9 Other changes in net assets−$1,415,791
XI-10 Net assets at end of year$4,603,584

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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