Overview
What is Opportunity Through Education Inc?
Opportunity Through Education Inc is a nonprofit organization that extends its services primarily to low-income families. Their primary mission revolves around offering preschool educational and childcare facilities, making these essential resources accessible even for those with limited financial means. The organization's activities are centered around this mission, ensuring that the early education and care needs of these families are met.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Opportunity Through Education Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. With an overall score of 72%, the organization demonstrates strengths in financial oversight and governance, such as having an independent board structure and well-documented policies for conflict of interest and whistleblowers. Additionally, it shows a strong program expense ratio of nearly 90%, suggesting that the majority of its funds are effectively utilized for its educational programs.
However, the organization faces significant challenges related to transparency and financial management. It has received low scores for its independent board size and for not having its tax forms readily available on its website. Moreover, the liabilities to assets ratio is concerning, indicating potential financial instability. These factors highlight areas where Opportunity Through Education Inc needs to enhance its accountability practices and communications to bolster its reputation and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Opportunity Through Education Inc legitimate?
Opportunity Through Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Through Education 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,881
For more financial information, click here
What is the mission statement of Opportunity Through Education Inc?
Opportunity Through Education Inc is committed to providing preschool educational and childcare services, primarily catering to families with limited income. Their mission is centered around enhancing early education opportunities and offering affordable childcare solutions for these families. The organization aims to contribute positively to the overall development of young children, ensuring they receive a solid educational foundation and nurturing care. By offering these services, Opportunity Through Education Inc strives to make quality early education more accessible and equitable for families in need.
Who is the CEO of Opportunity Through Education Inc?
Kenneth Herron is the Vp/Exec. Direct of Opportunity Through Education Inc. The CEO's salary of Opportunity Through Education Inc is $24,000 and their total compensation is $117,000.
What is the revenue of Opportunity Through Education Inc?
Opportunity Through Education Inc's revenue in 2022 was $600,881.
Who are the executives of Opportunity Through Education Inc and what are their salaries?
The average compensation at Opportunity Through Education Inc during 2022 was $25,192. There are 15 employees at Opportunity Through Education Inc.
Here are 4 key members and their salaries (Opportunity Through Education Inc's CEO's salary is $24,000 and their total compensation is $117,000):
- Compensation: $72,000
- Related: $63,000
- Other: $0
- Compensation: $24,000
- Related: $93,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Opportunity Through Education Inc?
Opportunity Through Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Opportunity Through Education Inc
Opportunity Through Education Inc, as a nonprofit organization, is dedicated to providing preschool educational and childcare services primarily for families who fall under the low-income bracket. This mission is geared towards ensuring that every child, regardless of their family's financial situation, has access to quality early education. By offering these services, Opportunity Through Education Inc aims to lay a strong foundation for the children's future academic success and overall development. The organization's goal is to empower these families by providing their children with a nurturing and stimulating environment where they can learn and grow, ultimately improving their chances of breaking the cycle of poverty.
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Impact
July, 2024
Opportunity Through Education Inc's impact can be seen in the improved access to quality preschool education and childcare services for primarily low-income families. By providing these essential services, the organization is helping to break the cycle of poverty by giving children a strong educational foundation from an early age. This can lead to better academic outcomes, improved social skills, and increased chances of success later in life. Through their mission-focused work, Opportunity Through Education Inc is making a tangible difference in the lives of families in Selma, CA, and beyond.
This information is meant to be a general summary of Opportunity Through Education 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: $507
- Program Service Revenue: $596,423
- Gross Receipts: $600,881
Assets and Liabilities:
- Total Assets: $491,095
- Total Liabilities: $345,451
- Net Assets: $145,644
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Development Funding
Revenue
$591,474
CPKS Pre-K Support
Revenue
$4,949
Organization Details
Founding Year
2002
Phone
(559) 930-5004Principal Officer
Kenneth Herron
Main Address
3402 Lee Street, Selma, CA, 93662
NTEE Category
Code: B21 - Education
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