Overview
What is The Opportunity Alliance?
The Opportunity Alliance, situated in South Portland, Maine, is a nonprofit organization dedicated to enhancing lives and strengthening communities. They offer various programs focusing on family and early childhood education, with a mission to prepare young children for future success. One of their initiatives is the Child Development Associate (CDA) Development Center, which provides training for the nationally recognized CDA credential for early childhood educators. Their Early Childhood Education programs, including Head Start and Early Head Start, work with families to support children's development, both in classrooms and at home, to prepare them for kindergarten. In addition, they provide parent education classes, offer subsidized childcare, and engage in whole family coaching. Collaborating with local partners, they ensure that children and families across Cumberland County have access to essential resources and services. Ultimately, their goal is to transform lives and communities by empowering individuals and families to overcome challenges and build better futures.
Official website here: www.opportunityalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% - Four-Star out of Four Star Rating
The Opportunity Alliance has achieved a notable Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management within the organization. Their overall score is based entirely on their financial performance, showcasing responsible management of resources and transparency in operations, with a strong focus on accountability.
The organization has a fully independent board of directors, which enhances its governance structure. Key aspects, such as conflict of interest policies and audits, are effectively in place, demonstrating a commitment to ethical practices and transparency. Additionally, the program expense ratio is impressive at 93.27%, suggesting that a significant portion of their funds is directed towards their programs rather than administrative costs.
However, there is a moderate concern regarding their liabilities to assets ratio, which stands at 57.48%. While this reflects a reasonable level of leverage, it indicates that the organization may carry a notable amount of debt in relation to its assets. Overall, The Opportunity Alliance shows strong financial health and governance, making it a reliable choice for donors looking to support effective nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is The Opportunity Alliance legitimate?
The Opportunity Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Opportunity Alliance submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $396,839
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,686,769
For more financial information, click here
Official website here: www.opportunityalliance.org
What is the mission statement of The Opportunity Alliance?
The Opportunity Alliance is a dedicated organization that focuses on enhancing the lives of individuals and strengthening communities. They provide essential advocacy, leadership, and support to identify and address the needs of people, families, and communities. Their mission is geared towards helping people build better lives.
The organization takes a multifaceted approach to meet these goals, starting with early childhood education. They offer training for the Child Development Associate credential, preparing teachers to work effectively with young children in various settings. In addition, they provide educational services to families, preparing their children for kindergarten and beyond.
The Opportunity Alliance offers various programs, including family and early childhood education, to promote the holistic development of children. They also provide parent education classes to help caregivers strengthen their parenting skills and support low-income families with services that focus on education, economic stability, and overall well-being.
Moreover, The Opportunity Alliance collaborates with various partners to provide essential services, such as Women, Infants, and Children (WIC) program, which promotes good health through nutritional education and supplemental foods. Their commitment to strengthening communities extends beyond education, as they also offer supportive family visitation programs to ensure children maintain connections with their parents while in care or custody.
Official website here: www.opportunityalliance.org
Who is the CEO of The Opportunity Alliance?
Joseph Everett is the President & Ceo of The Opportunity Alliance. The CEO's salary of The Opportunity Alliance is $193,639 and their total compensation is $209,981.
Official website here: www.opportunityalliance.org
What is the revenue of The Opportunity Alliance?
The Opportunity Alliance's revenue in 2022 was $84,718,963.
Official website here: www.opportunityalliance.org
Who are the executives of The Opportunity Alliance and what are their salaries?
The average compensation at The Opportunity Alliance during 2022 was $32,428. There are 681 employees and 150 volunteers at The Opportunity Alliance.
Here are 24 key members and their salaries (The Opportunity Alliance's CEO's salary is $193,639 and their total compensation is $209,981):
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- Compensation: $193,639
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- Other: $21,785
Official website here: www.opportunityalliance.org
Where can I find the form 990 for The Opportunity Alliance?
The Opportunity Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.opportunityalliance.org
Learn more at the official website: www.opportunityalliance.org
Mission Statement of The Opportunity Alliance
The Opportunity Alliance, a leading community organization, is dedicated to improving lives and fostering stronger communities. By offering advocacy, leadership, and support, this organization helps individuals, families, and communities identify their goals and address their various needs.
One of the primary areas where The Opportunity Alliance makes a significant impact is in the realm of family and early childhood education. The organization operates a CDA Development Center, where educators receive training for the Child Development Associate credential, a nationally recognized standard for professional early childhood educators. The Alliance also provides early childhood education programs that support the development of children from before birth, with a focus on preparing them for their transition into kindergarten. All Early Childhood Education programs offered by The Opportunity Alliance meet the comprehensive Head Start Performance Standards, ensuring the highest quality of services for children and families.
The Opportunity Alliance also offers family services, including evidence-based parenting education classes, whole family coaching services, and partnerships with organizations like Maine Families and Women, Infants, and Children (WIC), all aimed at improving the lives of children and parents by focusing on education, economic support, social capital, and health and well-being. The organization's Supportive Family Visitation Program provides a safe and supportive environment for child(ren) in the care or custody of DHHS, enabling visits between children and their parents and other important people in their lives.
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Impact
August, 2024
The Opportunity Alliance has a significant impact on the community by helping people in need build better lives. Their services in family and early childhood education, parent education, whole families coaching, Maine Families program, WIC nutritional education, and supportive family visitation program have positively affected individuals and families in South Portland, Maine. Through advocacy, leadership, and support, The Opportunity Alliance works to identify goals and address the needs of individuals, families, and communities, ultimately contributing to the creation of stronger and more resilient communities.
This information is meant to be a general summary of The Opportunity Alliance. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $62,955
- Program Service Revenue: $13,504,499
- Gross Receipts: $84,766,510
Assets and Liabilities:
- Total Assets: $26,061,913
- Total Liabilities: $16,127,159
- Net Assets: $9,934,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MaineCare
Revenue
$12,408,235
Client Rent
Revenue
$560,689
Other Program Revenue
Revenue
$277,647
DHHS Room & Board
Revenue
$257,928
Organization Details
Founding Year
1965
Phone
(207) 874-1175Principal Officer
Joseph Everett
Main Address
50 Lydia Lane, South Portland, ME, 04106
Website
www.opportunityalliance.orgNTEE Category
Code: P20 - Human services
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