Overview
What is Watauga Opportunities Inc?
Watauga Opportunities Inc, based in Boone, North Carolina, is a dedicated nonprofit organization. Their primary focus is on supporting individuals with developmental disabilities, offering a range of services to aid their living and independence. This includes providing Sheltered Workshops and group homes, as well as community-based living options in traditional housing. Their mission extends beyond these facilities, offering necessary assistance and support in these homes to ensure their residents can live fulfilling lives.
Official website here: www.woiworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Watauga Opportunities Inc has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity scored 96% in its Accountability & Finance category, reflecting its strong governance practices and effective financial management. This rating is based entirely on its performance in this category, showcasing the organization’s commitment to transparency and responsible stewardship of resources.
Strengths highlighted include a fully independent board, with 100% of board members meeting independence criteria. The organization also maintains robust policies for conflict of interest, whistleblower protections, and document retention, all of which enhance its operational integrity. Furthermore, Watauga Opportunities demonstrates a solid program expense ratio of 85.09%, which indicates that a significant portion of its funds is directed towards programs rather than administrative costs.
While the data reflects strong performance in governance and financial ratios, there are no specific limitations or areas of concern noted in the feedback. Overall, Watauga Opportunities Inc stands out for its excellent financial practices and governance standards, making it a trustworthy choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Watauga Opportunities Inc legitimate?
Watauga Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watauga Opportunities 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: $312,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.woiworks.org
What is the mission statement of Watauga Opportunities Inc?
Watauga Opportunities is a non-profit organization dedicated to supporting individuals with developmental disabilities. Their mission involves providing Sheltered Workshop/group homes and community-based living options, including traditional housing. The organization aims to enhance the lives of these individuals by offering them a supportive environment where they can thrive. Watauga Opportunities also offers group home services, providing a sense of community and care for those in need. Their goal is to empower these individuals to lead fulfilling lives, promoting their independence and well-being.
Official website here: www.woiworks.org
Who is the CEO of Watauga Opportunities Inc?
F Michael Maybee is the President, Ceo of Watauga Opportunities Inc. The CEO's salary of Watauga Opportunities Inc is $180,194 and their total compensation is $180,194.
Official website here: www.woiworks.org
What is the revenue of Watauga Opportunities Inc?
Watauga Opportunities Inc's revenue in 2023 was $5,864,008.
Official website here: www.woiworks.org
Who are the executives of Watauga Opportunities Inc and what are their salaries?
The average compensation at Watauga Opportunities Inc during 2023 was $2,084. There are 150 employees and 12 volunteers at Watauga Opportunities Inc.
Here are 12 key members and their salaries (Watauga Opportunities Inc's CEO's salary is $180,194 and their total compensation is $180,194):
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- Compensation: $180,194
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- Compensation: $132,375
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- Compensation: $123,832
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- Other: $0
Official website here: www.woiworks.org
Where can I find the form 990 for Watauga Opportunities Inc?
Watauga Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.woiworks.org
Learn more at the official website: www.woiworks.org
Mission Statement of Watauga Opportunities Inc
Watauga Opportunities, a non-profit organization, is dedicated to supporting individuals with developmental disabilities. Its mission encompasses providing Sheltered Workshops and group homes, as well as community-based living and supports in traditional housing. This organization aims to create an inclusive environment where these individuals can thrive, fostering their independence and improving their quality of life. By offering group homes, Watauga Opportunities provides a safe and supportive living space for its residents, while the Sheltered Workshops offer opportunities for employment and skill development. Furthermore, the organization extends its support to individuals living in traditional housing, ensuring they have the necessary assistance to lead fulfilling lives.
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Impact
July, 2024
Watauga Opportunities Inc has a significant impact on the community by providing sheltered workshop and group home services for individuals with developmental disabilities in Boone, NC. Through their commitment to offering employment opportunities and supporting community-based living, they empower individuals to lead fulfilling lives and contribute to society. Their work not only enhances the quality of life for those they serve but also promotes inclusivity and diversity in the community.
This information is meant to be a general summary of Watauga Opportunities 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.
- Investment Income: $92,915
- Program Service Revenue: $5,165,152
- Gross Receipts: $6,891,281
Assets and Liabilities:
- Total Assets: $7,270,111
- Total Liabilities: $896,266
- Net Assets: $6,373,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SERVICES
Revenue
$233,455
COMMUNITY EMPLOYMENT PROGRAM
Revenue
$3,051,010
CAP
Revenue
$907,957
OTHER PROGRAM SERVICES
Revenue
$972,730
Organization Details
Founding Year
1974
Phone
(828) 264-5009Principal Officer
F Michael Maybee
Main Address
POST OFFICE BOX 2330, BOONE, NC, 28607
Website
www.woiworks.orgNTEE Category
Code: J33Z - Employment
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