Overview
What is Opportunities For A Better Tomorrow Inc?
Opportunities For A Better Tomorrow Inc, situated in Brooklyn, New York, is a dedicated nonprofit organization with a mission to combat poverty and inequality. They achieve this by providing education, job training, and employment opportunities to young adults aged between 17 and 24 who left school before or upon graduation. Their Youth Employment and Training program has served over 400 individuals, equipping them with the necessary skills for entry-level positions. The organization, with a team of 105 employees, is committed to breaking the cycle of poverty and inequality, fostering self-sufficiency and enhancing the lives of its beneficiaries.
Official website here: www.obtjobs.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star Rating.
Opportunities For A Better Tomorrow Inc (OBT) has received a commendable Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 81%, the organization has excelled in various criteria, including having a fully independent board and a high program expense ratio of 88.21%, which suggests that a significant majority of its funds are directed toward its programs.
User feedback from Great Nonprofits highlights OBT's impactful workforce training programs, particularly in public speaking and communication. Reviews from professionals with expertise in the field commend the organization for its dedicated staff and the transformative experiences of youth participants. Events like Debate Day showcase the effectiveness of OBT's initiatives, and the positive outcomes observed among trainees further reinforce the organization's mission.
While the ratings and reviews are largely positive, the data does not highlight any significant limitations or areas for improvement. Overall, OBT appears to be a well-managed nonprofit with a strong commitment to serving youth in their community through effective training programs.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Opportunities For A Better Tomorrow Inc?
96% of 23 reviewers on Facebook recommend Opportunities For A Better Tomorrow Inc. Here is a summary of their reviews:
Many individuals express satisfaction with the nonprofit's efforts to provide improved opportunities. The positive sentiments highlight the organization’s effectiveness and the impact it has on people's lives, particularly in facilitating better pathways for the future.
Overall, it appears that the community values the services offered by Opportunities For A Better Tomorrow Inc, viewing it as a reliable source of support and growth.
This AI summary has been generated from reviews found on Facebook.
Is Opportunities For A Better Tomorrow Inc legitimate?
Opportunities For A Better Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunities For A Better Tomorrow Inc 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: $365,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,271,149
For more financial information, click here
Official website here: www.obtjobs.org
What is the mission statement of Opportunities For A Better Tomorrow Inc?
Opportunities For A Better Tomorrow Inc's mission is centered around breaking the cycle of poverty and inequality. They achieve this through the means of education, job training, and employment. The organization's primary focus is on assisting young adults between the ages of 17 and 24 who have left school prior to or upon graduation. By providing them with the necessary skills, Opportunities For A Better Tomorrow Inc helps these individuals secure entry-level positions. The organization served over 400 people through its youth employment and training program.
Official website here: www.obtjobs.org
Who is the CEO of Opportunities For A Better Tomorrow Inc?
Darlene Williams is the Principal Officer of Opportunities For A Better Tomorrow Inc. The CEO's salary of Opportunities For A Better Tomorrow Inc is $193,700 and their total compensation is $217,279.
Official website here: www.obtjobs.org
What is the revenue of Opportunities For A Better Tomorrow Inc?
Opportunities For A Better Tomorrow Inc's revenue in 2022 was $7,280,955.
Official website here: www.obtjobs.org
Who are the executives of Opportunities For A Better Tomorrow Inc and what are their salaries?
The average compensation at Opportunities For A Better Tomorrow Inc during 2022 was $44,158. There are 105 employees and 12 volunteers at Opportunities For A Better Tomorrow Inc.
Here are 16 key members and their salaries (Opportunities For A Better Tomorrow Inc's CEO's salary is $193,700 and their total compensation is $217,279):
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- Compensation: $193,700
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- Compensation: $101,086
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- Other: $15,613
Official website here: www.obtjobs.org
Where can I find the form 990 for Opportunities For A Better Tomorrow Inc?
Opportunities For A Better Tomorrow Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.obtjobs.org
Learn more at the official website: www.obtjobs.org
Mission Statement of Opportunities For A Better Tomorrow Inc
Opportunities for a Better Tomorrow Inc is dedicated to addressing the issues of poverty and inequality by focusing on education, job training, and employment opportunities. Their mission is to break the cycle of poverty and inequity, aiming to empower individuals who have left school early or upon graduation. Through their Youth Employment and Training program, they serve around 400 young adults between the ages of 17 and 24, equipping them with the necessary skills for entry-level positions. By providing this service, Opportunities for a Better Tomorrow Inc is working towards creating a more equitable society where everyone has the chance to succeed.
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Impact
July, 2024
Opportunities For A Better Tomorrow Inc works to break the cycle of poverty and inequity through education, job training, and employment. Their youth employment and training program focuses on helping young adults between the ages of 17 and 24 who have left school early to acquire the skills necessary for entry-level positions. With over 400 individuals served by this program, their impact in Brooklyn, NY, is significant in providing opportunities for young adults to build a better future for themselves.
This information is meant to be a general summary of Opportunities For A Better Tomorrow Inc. 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: $280
- Gross Receipts: $7,280,955
Assets and Liabilities:
- Total Assets: $1,942,838
- Total Liabilities: $895,941
- Net Assets: $1,046,897
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Organization Details
Founding Year
1988
Phone
(718) 369-0303Principal Officer
Darlene Williams
Main Address
882 3RD AVE SUITE 10-10NE UNIT 18, BROOKLYN, NY, 11232
Website
www.obtjobs.orgNTEE Category
Code: J22 - Employment
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