Overview
What is Blue Ridge Opportunity Commission Inc?
Blue Ridge Opportunity Commission Inc is a nonprofit organization situated in Ashe, Alleghany, and Wilkes County, North Carolina. Established with a mission to manage federal and state grant programs, BROC serves its local communities by administering these funds effectively. In essence, BROC functions as a bridge between the government and the citizens, ensuring that essential resources are distributed and utilized efficiently to benefit the residents of these three counties.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star rating
Blue Ridge Opportunity Commission Inc has received a Three-Star rating from Charity Navigator, indicating that it demonstrates a moderate level of accountability and financial health. The score is derived entirely from its Accountability & Finance metrics, showcasing strong governance practices and transparency within the organization.
The organization excels in several key areas, including having a fully independent board and robust financial oversight mechanisms. It scored full points for its conflict of interest and whistleblower policies, indicating a commitment to ethical standards and operational integrity. Additionally, it allocates a significant majority of its expenses directly to programs, with a program expense ratio of 95.31%, reflecting a focus on mission-driven activities.
However, the organization's liabilities to assets ratio received a score of zero, which suggests potential concerns regarding its financial leverage. While Blue Ridge Opportunity Commission Inc demonstrates strong operational practices, attention to its financial liabilities may be necessary for sustained long-term performance.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Ridge Opportunity Commission Inc legitimate?
Blue Ridge Opportunity Commission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Ridge Opportunity Commission 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: $54,941
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,862,232
For more financial information, click here
What is the mission statement of Blue Ridge Opportunity Commission Inc?
Blue Ridge Opportunity Commission Inc, a non-profit organization, was established with the purpose of administering federal and state program grants in Ashe, Alleghany, and Wilkes County, North Carolina. Its primary mission is to utilize these grants to serve its community. The organization does not have a specific goal related to a particular cause or population, instead, it focuses on the administration of these grants to support various community needs. Although the information provided is limited, it suggests that Blue Ridge Opportunity Commission Inc is dedicated to improving its community through the strategic distribution of federal and state grants.
Who is the CEO of Blue Ridge Opportunity Commission Inc?
Dare Stromer is the Director of Blue Ridge Opportunity Commission Inc.
What is the revenue of Blue Ridge Opportunity Commission Inc?
Blue Ridge Opportunity Commission Inc's revenue in 2023 was $4,464,018.
Who are the executives of Blue Ridge Opportunity Commission Inc and what are their salaries?
The average compensation at Blue Ridge Opportunity Commission Inc during 2023 was $20,181. There are 95 employees and 1703 volunteers at Blue Ridge Opportunity Commission Inc.
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Where can I find the form 990 for Blue Ridge Opportunity Commission Inc?
Blue Ridge Opportunity Commission Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Blue Ridge Opportunity Commission Inc
Blue Ridge Opportunity Commission Inc, as a non-profit organization, was established with a mission to manage federal and state grant programs in Ashe, Allegheny, and Wilkes County, North Carolina. Essentially, their role is to administer these grants, which aim to support various community needs. While the information provided is limited, it suggests that Blue Ridge Opportunity Commission Inc plays a crucial role in distributing resources to enhance the well-being of the communities within its jurisdiction. The specific programs and services provided under these grants are not detailed, but the organization's focus on grant administration suggests a commitment to improving community life in these counties.
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Impact
July, 2024
Blue Ridge Opportunity Commission Inc plays a crucial role in administering federal and state program grants in Ashe, Alleghany, and Wilkes County, NC. Through its implementation of the Community Service Block Grant, this organization directly impacts the lives of individuals and families in the community by providing essential human services. Their mission to serve these counties underscores their commitment to improving the well-being and opportunities for residents in need.
This information is meant to be a general summary of Blue Ridge Opportunity Commission 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 2023.
- Program Service Revenue: $153,832
- Gross Receipts: $4,464,018
Assets and Liabilities:
- Total Assets: $1,899,287
- Total Liabilities: $1,899,287
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUKE ENERGY PROGRAMS
Revenue
$87,890
PRE KINDERGARDEN
Revenue
$65,942
Organization Details
Founding Year
1966
Phone
(336) 667-7174Principal Officer
Dare Stromer
Main Address
710 VETERANS DRIVE, NORTH WILKESBORO, NC, 28659
NTEE Category
Code: P20 - Human services
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