Overview
What is Opportunities Industrialization Centers Of America Inc?
Opportunities Industrialization Centers of America Inc., located in Philadelphia, Pennsylvania, is a prominent nonprofit organization dedicated to empowering economically disadvantaged and unemployed individuals, irrespective of their race or background. Their mission involves offering quality education, training, and employment services through a vast network of local affiliates. By doing so, they aim to help these individuals transform into more productive and content members of society. The organization operates with a team of 42 employees and has established a strong national presence.
Official website here: www.oicofamerica.org
What are the reviews and ratings of this charity?
**Rating: 94% (Four-Star out of Four Stars) on Charity Navigator**
Opportunities Industrialization Centers Of America Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization demonstrates exemplary governance, with a fully independent board and comprehensive financial oversight policies. Its high program expense ratio of 91.26% indicates a strong commitment to its mission, channeling a significant portion of its funds directly into programs rather than administrative costs.
The organization stands out for its absence of financial mismanagement, highlighted by no material diversion of assets and effective conflict of interest, whistleblower, and document retention policies. While various financial metrics, such as the liabilities to assets ratio, are acceptable, the fundraising efficiency ratio is notably low, which may raise concerns about sustainability in fundraising efforts.
User reviews from GreatNonprofits could not be fetched, leaving a gap in individual experiences and sentiments. However, the robust financial rating suggests a high level of trust and reliability in the organization’s operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Opportunities Industrialization Centers Of America Inc?
94% of 10 reviewers on Facebook recommend Opportunities Industrialization Centers of America Inc. Here is a summary of their reviews:
Many individuals share a transformative experience linked to the organization, particularly highlighting a past trip with Rev. Leon Sullivan. This journey is noted as life-changing, indicating that the nonprofit has a significant impact on its participants. The positive sentiments reflect a deep appreciation for the leadership and vision demonstrated by the organization and its founders.
Overall, the sentiment leans strongly towards praise, with users expressing profound respect for the work being done and the influential figures associated with the nonprofit. This suggests that Opportunities Industrialization Centers of America Inc. not only delivers on its promises but also fosters lasting connections and personal growth among its supporters.
This AI summary has been generated from reviews found on Facebook.
Is Opportunities Industrialization Centers Of America Inc legitimate?
Opportunities Industrialization Centers Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunities Industrialization Centers Of America 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: $119,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,929,231
For more financial information, click here
Official website here: www.oicofamerica.org
What is the mission statement of Opportunities Industrialization Centers Of America Inc?
Opportunities Industrialization Centers of America Inc. is committed to providing quality education and training services through a nationwide network of local affiliates. The primary objective of this organization is to empower economically disadvantaged and unemployed individuals of all races and backgrounds, enabling them to become more productive and fulfilling members of society. Their activities involve delivering education, training, and employment services to help these individuals transition into gainful employment and lead more satisfying lives. The national network of local affiliates ensures broad accessibility and relevance to diverse communities across the United States.
Official website here: www.oicofamerica.org
Who is the CEO of Opportunities Industrialization Centers Of America Inc?
Louis J King Ii is the Former President of Opportunities Industrialization Centers Of America Inc. The CEO's salary of Opportunities Industrialization Centers Of America Inc is $0 and their total compensation is $0.
Official website here: www.oicofamerica.org
What is the revenue of Opportunities Industrialization Centers Of America Inc?
Opportunities Industrialization Centers Of America Inc's revenue in 2022 was $7,427,143.
Official website here: www.oicofamerica.org
Who are the executives of Opportunities Industrialization Centers Of America Inc and what are their salaries?
The average compensation at Opportunities Industrialization Centers Of America Inc during 2022 was $48,784. There are 42 employees and 10 volunteers at Opportunities Industrialization Centers Of America Inc.
Here are 12 key members and their salaries (Opportunities Industrialization Centers Of America Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $138,115
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Official website here: www.oicofamerica.org
Where can I find the form 990 for Opportunities Industrialization Centers Of America Inc?
Opportunities Industrialization Centers Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oicofamerica.org
Learn more at the official website: www.oicofamerica.org
Mission Statement of Opportunities Industrialization Centers Of America Inc
Opportunities Industrialization Centers of America Inc is dedicated to providing high-quality education and training services. Their mission, aimed at economically disadvantaged and unemployed individuals of all races and backgrounds, is to empower them to become more productive and satisfied members of society. Through a network of local affiliates, this nonprofit organization offers education, training, and employment services. The ultimate goal is to help these individuals transition into becoming self-sufficient and contributing members of American society. By equipping them with essential skills and knowledge, Opportunities Industrialization Centers of America Inc strives to break the cycle of poverty and foster social mobility.
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Impact
October, 2024
Opportunities Industrialization Centers Of America Inc (OIC) has made a significant impact by empowering economically disadvantaged and unemployed individuals to improve their lives through quality education and training. By leveraging a national network of local affiliates, OIC provides tailored education, training, and employment services to people from diverse backgrounds, promoting inclusivity and opportunity across racial and socio-economic lines.
This organization enhances workforce readiness by equipping individuals with the skills and knowledge necessary for meaningful employment. By facilitating access to vocational training and technical assistance, OIC helps participants overcome barriers to employment, resulting in increased job placements and economic self-sufficiency. Furthermore, the organization fosters personal development and community engagement, allowing individuals to become more fulfilled and productive members of society.
Overall, OIC's efforts contribute to reducing unemployment rates and fostering economic growth within communities, ultimately driving social change and improving the quality of life for many individuals and families across America.
This information is meant to be a general summary of Opportunities Industrialization Centers Of America 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: $142
- Gross Receipts: $7,427,143
Assets and Liabilities:
- Total Assets: $1,588,093
- Total Liabilities: $1,169,181
- Net Assets: $418,912
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Organization Details
Founding Year
1971
Phone
(215) 236-4500Principal Officer
Louis J King Ii
Main Address
1415 N Broad Street 116, Philadelphia, PA, 19122
Website
www.oicofamerica.orgNTEE Category
Code: P200 - Human services
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