Overview
What is Opportunity House?
Opportunity House is a nonprofit organization situated in Reading, Pennsylvania, at 430 N 2nd ST. Their primary mission is to empower individuals to enhance their lives, as stated in their description. They achieve this through various initiatives, including operating a Learning Center since 1996. This center provides childcare services for over 140 children daily, both residing at the shelter and in the community. The children range from infants to school-age, including those with special needs. The Learning Center also caters to the transportation needs of children attending Reading's elementary and middle schools. In the fiscal year ending 2022, they served 55 children aged 0-4, 74 children aged 5-9, and 11 children aged 10-17 daily. With a workforce of 109 individuals, Opportunity House demonstrates a commitment to making a positive impact in the lives of those in need.
Official website here: www.opphouse.org
What are the reviews and ratings of this charity?
92% rating from Charity Navigator.
Opportunity House has achieved a commendable Four-Star out of Four Star rating, reflecting strong accountability and financial health. With a 92% score in Accountability & Finance, the organization demonstrates excellent governance practices, such as having a fully independent board and strong oversight of financial statements. However, it falls short in some areas, specifically lacking a whistleblower policy and document retention procedures, which could be seen as gaps in their operational transparency.
User feedback highlights the organization’s impactful approach to supporting individuals experiencing homelessness. Reviewers commend the dedicated staff and comprehensive services, which go beyond basic shelter, including counseling, child care, and training programs. The Second Street Learning Center and the Children's Alliance Center are particularly noted for providing essential support to families and children, showcasing Opportunity House's commitment to fostering independence and safety within the community.
Despite its strengths, there are concerns regarding the collection and application of equity data and policies, where scores indicate room for improvement. Nevertheless, the overwhelming positive testimonials from board members and volunteers reflect a strong community presence and the effectiveness of its programs, underscoring the organization’s role in transforming lives and providing critical support to those in need.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Opportunity House legitimate?
Opportunity House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity House 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: $159,922
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,314,887
For more financial information, click here
Official website here: www.opphouse.org
What is the mission statement of Opportunity House?
Opportunity House, an organization dedicated to improving lives, accomplishes this mission by providing essential services. They transform lives through feeding, housing, employment, and empowerment, enabling individuals to stand on their own feet. This organization, recognized for its Learning Center since 1996, offers on-site childcare for over 140 children daily. The center caters to children ranging from infancy to school age, including those with special needs. It also meets transportation needs for children attending Reading Elementary and Middle Schools. In the fiscal year ending 2022, the Learning Center served 55 children aged 0-4, 74 children aged 5-9, and 11 children aged 10-17 daily.
Official website here: www.opphouse.org
Who is the CEO of Opportunity House?
Modesto Fiume is the Chairperson of Opportunity House.
Official website here: www.opphouse.org
What is the revenue of Opportunity House?
Opportunity House's revenue in 2022 was $6,974,085.
Official website here: www.opphouse.org
Who are the executives of Opportunity House and what are their salaries?
The average compensation at Opportunity House during 2022 was $22,705. There are 109 employees and 1000 volunteers at Opportunity House.
Here are 12 key members and their salaries:
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- Compensation: $161,232
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- Other: $3,000
Official website here: www.opphouse.org
Where can I find the form 990 for Opportunity House?
Opportunity House's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.opphouse.org
Learn more at the official website: www.opphouse.org
Mission Statement of Opportunity House
Opportunity House, a renowned nonprofit organization, empowers individuals to improve their lives. Its mission is multifaceted, encompassing feeding, housing, employing, and ultimately empowering individuals to become self-sufficient. By providing essential resources, Opportunity House aims to transform lives and enable people to stand on their own feet.
At the heart of Opportunity House's mission is its Learning Center, which has been recognized by the state since 1996. This center offers childcare services for parents working with the organization's First Childcare Center. The Learning Center caters to over 140 children daily, including infants, school-age children, and those with special needs. The center also addresses transportation needs, ensuring that children can travel to and from Reading Elementary and Middle Schools. In the fiscal year ending 2022, the Learning Center served 55 children aged 0-4, 74 children aged 5-9, and 11 children aged 10-17 on a daily basis.
In summary, Opportunity House is a dynamic organization committed to improving lives. Through its mission, Opportunity House provides essential resources such as food, shelter, employment, and education. The Learning Center, a key component of their services, offers childcare and transportation solutions for the children of the families they assist. By offering these resources, Opportunity House empowers individuals to rise above their circumstances and achieve self-sufficiency.
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Impact
October, 2024
Opportunity House empowers individuals to improve their lives through comprehensive support services that foster stability and growth. One of its key initiatives, the Second Street Learning Center, has been operational since 1996, providing essential childcare for over 140 children daily. This center not only serves residents of the shelter but also families within the community, catering to children ranging from infancy to school-age, including those with special needs.
By offering on-site childcare, the Learning Center enables parents to focus on their work while ensuring their children receive quality care and education. In the fiscal year ending 2022, the center successfully served 55 children ages 0-4, 74 children ages 5-9, and 11 children aged 10-17, demonstrating its critical role in the community. Additionally, the center addresses transportation needs, facilitating access for students to all Reading elementary and middle schools.
Overall, Opportunity House plays a vital role in changing lives by providing essential services that promote self-sufficiency, enhance educational outcomes, and support families in their journey toward independence.
This information is meant to be a general summary of Opportunity House. 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: $3,808
- Program Service Revenue: $3,030,582
- Gross Receipts: $7,067,125
Assets and Liabilities:
- Total Assets: $6,798,049
- Total Liabilities: $529,223
- Net Assets: $6,268,826
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEARNING CENTER
Revenue
$1,130,470
SSVF
Revenue
$1,005,632
RETAIL
Revenue
$676,422
TRANSITIONAL HOUSING
Revenue
$195,229
SHELTER
Revenue
$22,829
Organization Details
Founding Year
1984
Phone
(610) 374-4696Principal Officer
Modesto Fiume
Main Address
430 N 2ND ST, READING, PA, 19601
Website
www.opphouse.orgNTEE Category
Code: L410 - Housing
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