Overview
What is The Opportunity Center Inc?
The Opportunity Center Inc, located at 13-19 Fair Lawn Avenue, Fair Lawn, New Jersey 07410, is a dedicated nonprofit organization. Its primary focus is on offering an adult day program for mentally and physically challenged individuals. This program, which generates all its revenue and incurs all its expenses, aims to provide opportunities for growth, learning, productivity, and increased independence at home and in the community. The center, with a workforce of nine dedicated individuals, is committed to empowering these adults to lead fulfilling lives and contribute positively to their communities.
Official website here: www.theopportunitycenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Opportunity Center Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's impressive score is derived entirely from its Accountability & Finance metrics, reflecting its commitment to transparency and ethical management. With a fiscal year score of 96%, the organization demonstrates effective governance practices, essential for maintaining donor trust.
The nonprofit excels in several key areas, including having a fully independent board of directors and a robust financial oversight structure. It has received perfect scores for its conflict of interest and whistleblower policies, ensuring that ethical practices are upheld. Additionally, with a program expense ratio of 75.39%, the majority of its expenditures directly support its mission, reinforcing its focus on delivering impactful services.
While the organization shows strong financial indicators and governance practices, potential donors should appreciate the importance of ongoing monitoring of the charity's operations and program results to ensure continued effectiveness. Overall, The Opportunity Center Inc stands out as a well-managed nonprofit dedicated to its mission, making it a worthy candidate for support.
This AI summary has been generated from information found on Charity Navigator.
Is The Opportunity Center Inc legitimate?
The Opportunity Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Opportunity Center 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:
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Other Salaries and Wages: $329,059
For more financial information, click here
Official website here: www.theopportunitycenter.org
What is the mission statement of The Opportunity Center Inc?
The Opportunity Center Inc's mission is centered around providing a day program for mentally and physically challenged adults. This program is designed to offer opportunities for growth, learning, and increased productivity, ultimately helping these individuals achieve greater independence both at home and in the community. The organization's primary focus is on fostering an environment that encourages personal development and self-sufficiency. The Center exclusively operates an adult day program, generating revenue for its operations and incurring related expenses.
Official website here: www.theopportunitycenter.org
Who is the CEO of The Opportunity Center Inc?
Matthew Brennan is the President of The Opportunity Center Inc.
Official website here: www.theopportunitycenter.org
What is the revenue of The Opportunity Center Inc?
The Opportunity Center Inc's revenue in 2022 was $651,914.
Official website here: www.theopportunitycenter.org
Who are the executives of The Opportunity Center Inc and what are their salaries?
The average compensation at The Opportunity Center Inc during 2022 was $36,562. There are 9 employees at The Opportunity Center Inc.
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Official website here: www.theopportunitycenter.org
Where can I find the form 990 for The Opportunity Center Inc?
The Opportunity Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theopportunitycenter.org
Learn more at the official website: www.theopportunitycenter.org
Mission Statement of The Opportunity Center Inc
The Opportunity Center Inc is dedicated to providing a day program for mentally and physically challenged adults. Their mission is centered around offering opportunities for growth, learning, and productivity, with the ultimate goal of helping these individuals achieve greater independence both at home and within their community. This program is designed to foster personal development and enhance the lives of the participants, enabling them to contribute more effectively to their surroundings.
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Impact
July, 2024
The Opportunity Center Inc's impact is profound and direct - it provides a critical day program for mentally and physically challenged adults in Fair Lawn, NJ. By offering opportunities for growth, learning, increased productivity, and greater independence both at home and in the community, The Center plays a crucial role in enhancing the lives of its participants. Through its dedicated focus on human services, The Opportunity Center Inc significantly contributes to the well-being and empowerment of those it serves.
This information is meant to be a general summary of The Opportunity Center 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: $12,746
- Program Service Revenue: $559,446
- Gross Receipts: $659,772
Assets and Liabilities:
- Total Assets: $1,338,599
- Total Liabilities: $6,983
- Net Assets: $1,331,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$559,446
Organization Details
Founding Year
1966
Phone
(201) 791-4040Principal Officer
Matthew Brennan
Main Address
13-19 FAIR LAWN AVENUE, FAIR LAWN, NJ, 07410
Website
www.theopportunitycenter.orgNTEE Category
Code: P82 - Human services
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