Overview
What is Opportunities For Individual Change Inc?
Opportunities For Individual Change Inc, situated in Springfield, Ohio, is a nonprofit organization dedicated to combating poverty, unemployment, and illiteracy in Clark County. Their primary activity is the Learning Opportunities Center, an alternative school program that caters to disadvantaged youths aged 16 to 21. This center typically accommodates fewer than 125 students, offering them a tailored educational environment. The organization, with a staff of 43 individuals, works tirelessly to provide services aimed at uplifting the community and fostering a more prosperous future for its residents.
Official website here: www.oicofclarkco.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator indicates that Opportunities For Individual Change Inc has achieved a Four-Star out of Four Star rating, showcasing its strong performance in accountability and finance. The organization scored exceptionally well in various categories, reflecting a high level of transparency and effective governance, with a fully independent board and robust financial oversight mechanisms.
The high program expense ratio of 90.33% signifies that a significant portion of the charity's funds is directed toward its programs rather than administrative costs. Additionally, their commitment to policies such as conflict of interest and whistleblower protection demonstrates a strong ethical framework within the organization, enhancing trust among stakeholders.
No significant limitations were noted in the evaluation data, suggesting that Opportunities For Individual Change Inc operates with a sound financial structure and effective oversight. Overall, the organization's ratings reflect its dedication to responsible management and impactful service delivery.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Opportunities For Individual Change Inc?
Only a few reviews are currently available for Opportunities For Individual Change Inc, and they highlight a positive sentiment towards the organization. One enthusiastic reviewer comments that it is a great place to work, emphasizing a supportive environment where employees actively contribute to community service.
While there isn't a broader sample of user feedback to draw from at this time, the existing review suggests that those involved with the nonprofit appreciate its mission and the collaborative spirit among staff. Overall, the impression is that the organization offers a fulfilling experience for its employees while making a meaningful impact.
This AI summary has been generated from reviews found on Facebook.
Is Opportunities For Individual Change Inc legitimate?
Opportunities For Individual Change Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunities For Individual Change 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: $335,131
Professional Fundraising Fees: $0
Other Salaries and Wages: $865,020
For more financial information, click here
Official website here: www.oicofclarkco.org
What is the mission statement of Opportunities For Individual Change Inc?
Opportunities For Individual Change Inc, as an organization, is committed to eradicating poverty, unemployment, and illiteracy within Clark County. Their mission is to provide services that aim to address these issues, thereby contributing to a more prosperous community. One of their key initiatives is the Learning Opportunities Center, an alternative school program designed for disadvantaged youths aged 16 to 21, typically accommodating less than 125 students.
Official website here: www.oicofclarkco.org
What is the revenue of Opportunities For Individual Change Inc?
Opportunities For Individual Change Inc's revenue in 2024 was $4,896,863.
Official website here: www.oicofclarkco.org
Who are the executives of Opportunities For Individual Change Inc and what are their salaries?
The average compensation at Opportunities For Individual Change Inc during 2024 was $44,450. There are 27 employees and 15 volunteers at Opportunities For Individual Change Inc.
Here are 18 key members and their salaries:
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- Compensation: $121,962
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- Other: $10,110
- Compensation: $82,874
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- Other: $18,790
- Compensation: $82,365
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- Other: $19,030
Official website here: www.oicofclarkco.org
Where can I find the form 990 for Opportunities For Individual Change Inc?
Opportunities For Individual Change Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.oicofclarkco.org
Learn more at the official website: www.oicofclarkco.org
Mission Statement of Opportunities For Individual Change Inc
Opportunities For Individual Change Inc, or OFIC for short, is an organization committed to addressing poverty, unemployment, and illiteracy within Clark County. The mission of OFIC is to provide services that aim to eradicate these issues, using a proactive approach. By offering various programs and resources, OFIC seeks to empower individuals and foster self-sufficiency within the community.
One of OFIC's key initiatives is the Learning Opportunities Center, an alternative school program specifically designed for disadvantaged youth aged between 16 and 21. Typically, this program serves a limited number of students, around 125, providing them with a supportive environment to learn and grow. The Learning Opportunities Center's primary goal is to assist these young individuals in overcoming the challenges they face, ultimately leading to a more stable and prosperous future.
In summary, Opportunities For Individual Change Inc is a nonprofit dedicated to combating poverty, unemployment, and illiteracy in Clark County. They achieve this by providing essential services and creating opportunities for disadvantaged youth through programs like the Learning Opportunities Center. By doing so, OFIC aims to empower individuals and help them become active contributors to their community.
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Impact
October, 2024
Opportunities For Individual Change Inc significantly impacts Clark County by addressing critical issues such as poverty, unemployment, and illiteracy. Through its Learning Opportunities Center, the organization provides an alternative school program tailored for disadvantaged youths aged 16 to 21, helping them to overcome barriers that hinder their educational and professional development. With a focus on personalized support for up to 125 students, the program fosters a nurturing environment where young individuals can gain essential skills, knowledge, and confidence. By empowering these youths, Opportunities For Individual Change Inc contributes to breaking the cycle of poverty and equipping the next generation for a brighter future.
This information is meant to be a general summary of Opportunities For Individual Change 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 2024.
- Investment Income: $21,178
- Program Service Revenue: $13,851
- Gross Receipts: $4,896,863
Assets and Liabilities:
- Total Assets: $2,600,938
- Total Liabilities: $661,547
- Net Assets: $1,939,391
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JOB PLACEMENT, TRAININ
Revenue
$10,601
LOW INCOME HOUSING REN
Revenue
$3,250
Organization Details
Founding Year
1971
Principal Officer
Michael Calabrese
Website
www.oicofclarkco.orgNTEE Category
Code: P200 - Human services
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