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Opportunity Place Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 474430255 ✦ Fort walton beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Opportunity Place Inc?

Opportunity Place Inc, located at 305 Lovejoy Road NW, Fort Walton Beach, Florida, is a dedicated nonprofit organization. Its mission is to assist homeless women and families in achieving self-sufficiency. The organization achieves this goal by providing shelter and supportive services. With a team of 15 dedicated employees, Opportunity Place Inc offers a comprehensive range of resources to help these individuals regain their independence.


Official website here: www.opifwb.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Opportunity Place Inc has achieved a high score of 97%, reflecting its strong performance in accountability and finance. The organization boasts a fully independent board, consisting of 17 members, which enhances transparency and governance. With no material diversion of assets and a robust conflict of interest policy, the organization demonstrates commitment to ethical practices.

The financial health of Opportunity Place Inc is further highlighted by an impressive program expense ratio of 83.92%, indicating that a significant portion of its resources is directed toward its mission. Additionally, the low liabilities to assets ratio of 0.65% suggests a stable financial footing. The presence of key governance policies such as a whistleblower policy and documented board meeting minutes adds to the organization’s credibility.

While Opportunity Place Inc excels in various governance and financial metrics, continued efforts to maintain transparency and uphold its strong standards will be crucial for sustaining donor trust and support. Overall, the organization is well-positioned to effectively utilize its resources for positive impact.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Opportunity Place Inc?

74% of reviewers on Facebook recommend Opportunity Place Inc. Here is a summary of their reviews:

Many users express their gratitude for the supportive environment created by the nonprofit. One reviewer shared their positive experience, highlighting the amazing and friendly staff, who provided valuable assistance during a challenging time.

Overall, the sentiment leans towards appreciation, with users acknowledging the positive impact Opportunity Place Inc. has had in their lives. While the number of reviews is limited, those who have shared their experiences are thankful for the help received.


This AI summary has been generated from reviews found on Facebook.

Is Opportunity Place Inc legitimate?

Opportunity Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Place 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: $62,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,084

For more financial information, click here


Official website here: www.opifwb.org

What is the mission statement of Opportunity Place Inc?

Opportunity Place Inc's mission is centered around assisting homeless women and families in achieving self-sufficiency. They accomplish this by offering shelter and supportive services. The organization's primary goal is to provide a pathway for these individuals, enabling them to regain their independence and financial stability. This is achieved through a comprehensive approach that includes various forms of support, ensuring a holistic approach to addressing the complex needs of each family. The organization's activities are geared towards empowering these individuals, offering them the tools and resources necessary to overcome their circumstances and build a better future for themselves.


Official website here: www.opifwb.org

Who is the CEO of Opportunity Place Inc?

James Pitts is the Board Chair of Opportunity Place Inc.


Official website here: www.opifwb.org

What is the revenue of Opportunity Place Inc?

Opportunity Place Inc's revenue in 2022 was $683,421.


Official website here: www.opifwb.org

Who are the executives of Opportunity Place Inc and what are their salaries?

The average compensation at Opportunity Place Inc during 2022 was $20,233. There are 15 employees and 87 volunteers at Opportunity Place Inc.


Here are 19 key members and their salaries:


Paul Domenech (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurel Vermillion (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pitts (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Buchanan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Burkland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Barlow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saundra Daggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Rober Delcau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Frakes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Houston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Lester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spike Lord (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Starnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sabu Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Wetzell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fiona Devenney (Executive Director)
  • Compensation: $38,192
  • Related: $0
  • Other: $0


Official website here: www.opifwb.org

Where can I find the form 990 for Opportunity Place Inc?

Opportunity Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.opifwb.org

Learn more at the official website: www.opifwb.org

Mission Statement of Opportunity Place Inc

Opportunity Place Inc, a nonprofit organization, is dedicated to assisting homeless women and families in achieving self-sufficiency. Their mission is crystal clear: to provide shelter and supportive services that empower these individuals to regain their independence. Through their efforts, Opportunity Place Inc strives to help homeless women and families break the cycle of poverty and homelessness, enabling them to lead fulfilling lives with dignity and self-reliance. The organization's approach is holistic, addressing not just the immediate needs of shelter, but also providing the necessary support services to help individuals overcome the challenges that led them to homelessness in the first place.

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Impact




July, 2024

Opportunity Place Inc's impact is significant in helping homeless women and families achieve self-sufficiency. Through providing shelter and supportive services, they empower individuals to overcome homelessness and build a more stable future. Their mission to help homeless women and families achieve sufficiency directly addresses the critical need for housing support in Fort Walton Beach, Florida. Opportunity Place Inc's work is essential in supporting vulnerable populations and creating positive change in the community.




This information is meant to be a general summary of Opportunity Place 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.

Revenue
$683,421 (2022)
Expenses
$662,411 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,372
  • Gross Receipts: $692,660

Assets and Liabilities:

  • Total Assets: $742,980
  • Total Liabilities: $5,031
  • Net Assets: $737,949

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Organization Details

Founding Year

2015

Principal Officer

James Pitts

Main Address

305 LOVEJOY ROAD NW, FORT WALTON BEACH, FL, 32548

NTEE Category

Code: L41 - Housing

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