Overview
What is Opportunities For Otsego Inc?
Opportunities For Otsego Inc is a community action agency located in Oneonta, New York, with 169 employees. Their mission is to empower low-income individuals and families in Otsego and Chenango counties, New York, by mobilizing resources and designing innovative solutions that foster healthy lives, thriving families, and caring communities. Their programs include Head Start, an educational care program for income-eligible 3 and 4-year-old children, Early Head Start services for pregnant women and parents of children under 3 years, daycare, and universal pre-kindergarten services. They also operate WIC (Women, Infants, and Children), a nutrition education program that provides families with vouchers for formula and nutritious food. Opportunities For Otsego offers a family development program called Building Healthy Families, where families set goals based on their strengths, and they conduct eligibility screenings for health insurance and healthcare options. The organization also operates a Children's Center, offering alternative activities for young children during interviews and court proceedings at DSS.
Official website here: www.ofoinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Opportunities For Otsego Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's score reflects its strong commitment to transparent governance, which is demonstrated by its fully independent board and effective financial oversight mechanisms.
The organization excels in its financial management, with a program expense ratio of 89.17%, showcasing that the majority of its expenditures directly support its mission. Additionally, it maintains a favorable liabilities-to-assets ratio of 40.26%, signaling strong financial stability. The presence of comprehensive policies, such as conflict of interest and whistleblower protections, further exemplifies its commitment to ethical practices.
While the data reflects substantial strengths, no specific limitations or areas for improvement were noted. Overall, Opportunities For Otsego Inc stands out as a well-managed nonprofit dedicated to serving its community while upholding high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Opportunities For Otsego Inc?
78% of the five reviewers on Facebook recommend Opportunities For Otsego Inc. Here's a summary of their insights:
The sentiments expressed lean towards a critical perspective on broader economic issues rather than a direct evaluation of the nonprofit's services. One reviewer reflects on past experiences related to economic challenges and growth, indicating a disconnect between certain expectations and the reality of financial leadership within the community. However, there is limited direct feedback regarding the organization's specific impact or operations, making it difficult to assess user satisfaction or the effectiveness of Opportunities For Otsego Inc.
Overall, while there is some support for the organization, the feedback primarily addresses larger economic concerns, suggesting that individuals may not be fully engaged with or aware of the nonprofit's contributions. More focused reviews on their programming or community impact would provide clearer insights into the nonprofit’s performance.
This AI summary has been generated from reviews found on Facebook.
Is Opportunities For Otsego Inc legitimate?
Opportunities For Otsego Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunities For Otsego 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: $214,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,306,329
For more financial information, click here
Official website here: www.ofoinc.org
What is the mission statement of Opportunities For Otsego Inc?
Opportunities For Otsego Inc, functioning as a community action agency, mobilizes resources and develops innovative solutions to unlock opportunities for low-income individuals and families in Otsego and Chenango counties, New York. The organization's mission is to lead in creating a healthier lifestyle, stronger families, and more caring communities for these individuals. By doing so, Opportunities For Otsego aims to be a beacon of hope and progress in promoting social and economic well-being.
Official website here: www.ofoinc.org
Who is the CEO of Opportunities For Otsego Inc?
Lisa Samols is the President of Opportunities For Otsego Inc.
Official website here: www.ofoinc.org
What is the revenue of Opportunities For Otsego Inc?
Opportunities For Otsego Inc's revenue in 2023 was $8,551,944.
Official website here: www.ofoinc.org
Who are the executives of Opportunities For Otsego Inc and what are their salaries?
The average compensation at Opportunities For Otsego Inc during 2023 was $26,751. There are 169 employees and 291 volunteers at Opportunities For Otsego Inc.
Here are 15 key members and their salaries:
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- Compensation: $96,447
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- Compensation: $118,210
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- Other: $12,128
Official website here: www.ofoinc.org
Where can I find the form 990 for Opportunities For Otsego Inc?
Opportunities For Otsego Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ofoinc.org
Learn more at the official website: www.ofoinc.org
Mission Statement of Opportunities For Otsego Inc
Opportunities For Otsego, as a community action agency, is dedicated to mobilizing resources and crafting solutions to unlock opportunities for low-income individuals and families residing in Otsego and Chenango counties, New York. Their mission is to lead the way in developing innovative solutions that foster healthy lifestyles, nurture thriving families, and cultivate caring communities. In essence, Opportunities For Otsego aims to drive positive change, empowering those in need to improve their lives and contribute to the well-being of their communities.
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Impact
October, 2024
Opportunities For Otsego Inc. plays a crucial role in enhancing the quality of life for low-income individuals and families in Otsego and Chenango counties in New York. By mobilizing resources and creating targeted solutions, the organization addresses essential needs such as education, nutrition, and family support.
The agency runs several impactful programs, including Head Start and Early Head Start, which provide educational and developmental services to preschool-aged children and their families. This foundational support helps prepare children for future academic success while also offering home visits and resources to parents, fostering a nurturing environment from an early age.
In addition, Opportunities For Otsego operates WIC (Women, Infants, and Children), which emphasizes nutrition education and supports families in accessing healthy food options and necessary formula. By prioritizing nutritional health, the program directly contributes to the well-being of both mothers and young children.
The "Building Healthy Families" initiative further empowers families through a home-based model that encourages them to leverage their strengths and set personal goals. This approach not only promotes independence but also strengthens family units, creating resilient communities.
Opportunities For Otsego also provides vital health care assistance, helping individuals navigate the complexities of health insurance and access necessary medical resources. Through these multifaceted programs, the organization actively champions healthy lives, thriving families, and supportive communities, ensuring that the most vulnerable populations receive the help they need to flourish.
This information is meant to be a general summary of Opportunities For Otsego 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 2023.
- Investment Income: $26,834
- Program Service Revenue: $769,358
- Gross Receipts: $8,551,944
Assets and Liabilities:
- Total Assets: $2,694,826
- Total Liabilities: $1,085,126
- Net Assets: $1,609,700
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES & REVENUE
Revenue
$769,358
Organization Details
Founding Year
1966
Phone
(607) 433-8000Principal Officer
Lisa Samols
Main Address
3 WEST BROADWAY, ONEONTA, NY, 13820
Website
www.ofoinc.orgNTEE Category
Code: P200 - Human services
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