Overview
What is Opportunities Industrialization Center Inc?
Opportunities Industrialization Center Inc, based in Philadelphia, Pennsylvania, is a nonprofit organization committed to eradicating unemployment, underemployment, and illiteracy to enhance the quality of life for families. Their workforce development includes various programs such as BankWork$, Energy Job Training, Hospitality Job Training, Re-Entry Program, and a Drone Program. BankWork$ provides free vocational training for inner-city adults to start banking careers, while Energy Job Training offers customized services for energy-oriented careers. Hospitality Job Training prepares individuals for food and hotel industries, and the Re-Entry Program serves adults who have had contact with the justice system in high poverty, high-crime communities. The Drone Program includes a six-week training leading to the Federal Aviation Administration (FAA) Part 107 certification exam. Education programs include Workforce Academy, Technology Power Skills Center, and HISET Training to provide accelerated high school education, computer literacy classes, and GED equivalency.
Official website here: www.philaoic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Opportunities Industrialization Center Inc has received a solid Three-Star rating from Charity Navigator, indicating a reliable level of accountability and financial health with an overall score of 83%. The charity excels particularly in its accountability and finance metrics, scoring an impressive 90%, with all board members being independent and strong policies in place regarding conflict of interest and whistleblower protections.
The organization's program expense ratio stands at 71.79%, demonstrating a commitment to channeling a significant portion of its resources directly towards its mission. Additionally, with a culture and community score of 97, it reflects a strong engagement with its stakeholders and a focus on equity strategies, which are rated at 97 out of 100. This suggests a well-rounded approach to community involvement and support.
However, while the financial metrics are favorable, the overall rating indicates there may be areas for improvement in terms of visibility and organization-wide practices. The low score in the culture and community category, with only 10%, suggests that there may be less emphasis on organizational culture compared to financial accountability, which could be a potential area for future development.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Opportunities Industrialization Center Inc?
96% of 21 reviewers on Facebook recommend Opportunities Industrialization Center Inc. Here is a summary of their reviews:
Many users express strong support for the Culinary Arts program, indicating a positive experience and satisfaction with the training provided. Participants appreciate the skills they've gained and how the program has prepared them for future opportunities in the culinary field.
Overall, the sentiment towards this nonprofit is very favorable, showcasing that it effectively meets the needs of its participants and fulfills its mission of providing valuable educational services.
This AI summary has been generated from reviews found on Facebook.
Is Opportunities Industrialization Center Inc legitimate?
Opportunities Industrialization Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunities Industrialization 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:
Executive Compensation: $334,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $784,551
For more financial information, click here
Official website here: www.philaoic.org
What is the mission statement of Opportunities Industrialization Center Inc?
The Opportunities Industrialization Center Inc's mission is centered around eliminating unemployment, underemployment, and illiteracy to ensure a meaningful quality of life for families. Through various programs, the organization strives to achieve this goal. These programs include vocational training in banking, energy, and hospitality industries, as well as re-entry services for adults with justice system involvement. Additionally, the center offers workforce academy, technology skills center, and GED equivalency programs. The aim is to equip individuals with the necessary skills to secure employment and improve their lives.
Official website here: www.philaoic.org
Who is the CEO of Opportunities Industrialization Center Inc?
Keita Atif Bostic is the Chair of Opportunities Industrialization Center Inc. The CEO's salary of Opportunities Industrialization Center Inc is $200,375 and their total compensation is $200,375.
Official website here: www.philaoic.org
What is the revenue of Opportunities Industrialization Center Inc?
Opportunities Industrialization Center Inc's revenue in 2022 was $2,376,647.
Official website here: www.philaoic.org
Who are the executives of Opportunities Industrialization Center Inc and what are their salaries?
There 17 volunteers at Opportunities Industrialization Center Inc.
Here are 20 key members and their salaries (Opportunities Industrialization Center Inc's CEO's salary is $200,375 and their total compensation is $200,375):
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Official website here: www.philaoic.org
Where can I find the form 990 for Opportunities Industrialization Center Inc?
Opportunities Industrialization Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.philaoic.org
Learn more at the official website: www.philaoic.org
Mission Statement of Opportunities Industrialization Center Inc
The Opportunities Industrialization Center Inc is committed to eradicating unemployment, underemployment, and illiteracy to ensure a meaningful quality of life for families. Their mission is multifaceted, targeting various aspects of societal challenges.
At the heart of their workforce development efforts, Opportunities Industrialization Center Inc provides several programs designed to equip individuals with the necessary skills to secure employment. These programs include BankWork$, an initiative offering free vocational training in banking, Energy Job Training through PECO Smart Energy, Hospitality Job Training for the food and hotel industries, a Re-Entry Program catering to adults with criminal records, and a Drone Program preparing individuals for Federal Aviation Administration certification.
Beyond workforce development, Opportunities Industrialization Center Inc also focuses on education, offering programs such as Workforce Academy, a tuition-free high school and career readiness program, Technology Power Skills Center providing computer literacy classes, and HISET Training, a GED equivalency program. By integrating these initiatives, Opportunities Industrialization Center Inc aims to create a holistic approach to empowering individuals and families, ensuring they have the tools needed to lead fulfilling lives.
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Impact
October, 2024
Opportunities Industrialization Center Inc significantly impacts the community by addressing critical issues of unemployment, underemployment, and illiteracy. Through various workforce development programs, it equips individuals with the necessary skills to successfully enter the job market.
For example, the BANKWORK$ program provides vocational training tailored for inner-city adults, focusing on both hard and soft skills essential for careers in banking. The ENERGY JOB TRAINING initiative supports those interested in energy-sector careers, ensuring participants gain customized training and placement services. Meanwhile, the HOSPITALITY JOB TRAINING program opens doors for individuals across various skill levels to launch careers within the food and hotel industries.
The organization also recognizes the unique challenges faced by those with a history of incarceration through its RE-ENTRY PROGRAM, offering resources to help them reintegrate into society and secure employment in high-poverty, high-crime areas. Additionally, the DRONE PROGRAM trains participants for FAA certification, preparing them for burgeoning opportunities in the drone industry.
In the realm of education, the WORKFORCE ACADEMY provides a tuition-free, accelerated program aimed at enhancing high school and career readiness. The TECHNOLOGY POWER SKILLS CENTER offers essential computer literacy skills, while the HISET TRAINING assists individuals in obtaining their GED equivalency.
Overall, Opportunities Industrialization Center Inc plays a vital role in fostering economic empowerment and enhancing the quality of life for families in Philadelphia by offering comprehensive training and educational opportunities.
This information is meant to be a general summary of Opportunities Industrialization 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: -$1,349
- Program Service Revenue: $2,053,243
- Gross Receipts: $2,376,647
Assets and Liabilities:
- Total Assets: $2,492,971
- Total Liabilities: $708,181
- Net Assets: $1,784,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME - CONTRACTS
Revenue
$2,053,243
Organization Details
Founding Year
1964
Phone
(215) 236-7700Principal Officer
Keita Atif Bostic
Main Address
1231 NORTH BROAD STREET, PHILADELPHIA, PA, 19122
Website
www.philaoic.orgNTEE Category
Code: J22 - Employment
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