Recognized for its financial health and commitment to accountability, Special Olympics Florida ranks in top 10 percent of charitable organizations nationwide
Special Olympics Florida has once again earned top honors for its strong financial health and commitment to accountability and transparency. This is the fifth consecutive time Special Olympics Florida has earned a 4-star rating from Charity Navigator, America’s largest independent charity evaluator.
Over the last five years, Special Olympics Florida has more than doubled its impact, now serving more than 44,000 athletes and 31,000 volunteers in addition to providing critical health and wellness services to thousands more across the state. Innovative outreach initiatives include its Unified Champion Schools, which brings education-based inclusion programs to 158 schools and 15 colleges; Young Athletes, an innovative sports play program for children ages 2 to 7 that offers valuable physical, cognitive and social skill development as well as valuable resources for their families; and, Healthy Communities, a statewide initiative that brings free health exams and health advocacy.
“For our organization to be successful, we must earn the trust of those we serve and those who generously support our mission,” said Special Olympics Florida President & CEO Sherry Wheelock. “To have earned this distinction for the fifth consecutive year demonstrates our commitment to strong governance and financial accountability, which are essential to the foundation of what we do.”
Since 2002, using objective analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These Accountability & Transparency metrics, which account for 50 percent of a charity’s overall rating, reveal which charities operate in accordance with industry best practices and whether they are open with their donors and stakeholders. On June 1, 2016, Charity Navigator upgraded their methodology for rating each charity’s’ financial health with CN 2.1. These enhancements further substantiates the financial health of our four star charities.
“Special Olympics Florida’s exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” according to Michael Thatcher, President & CEO of Charity Navigator. “Only a quarter of charities rated by Charity Navigator receive the distinction of our 4-star rating. This adds Special Olympics Florida to a preeminent group of charities working to overcome our world’s most pressing challenges. Based on its 4-star rating, people can trust that their donations are going to a financially responsible and ethical charity when they decide to support Special Olympics Florida.”
Special Olympics Florida’s rating and other information about charitable giving are available free of charge on www.charitynavigator.org.
About Charity Navigator
Charity Navigator is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability & Transparency of more than 8,000 charities. Charity Navigator accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations, nor does it charge the public for this trusted data. As a result, Charity Navigator, a 501 (c) (3) public charity itself, depends on support from individuals, corporations and foundations that believe it provides a much-needed service to America’s charitable givers. Charity Navigator, can be reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown Road, Suite 101, Glen Rock, N.J., 07452.