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Diversified Opportunities Inc

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

EIN: 561251293 ✦ Wilson, NC ✦ Designated as a 501(c)(3)

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Overview

What is Diversified Opportunities Inc?

Diversified Opportunities Inc, located at 1010 Herring Ave, Wilson, NC 27893, is a nonprofit organization dedicated to empowering individuals with disabilities. Their primary mission is to provide comprehensive vocational assessment, training, adjustment, and work activity services. By offering these services, their aim is to assist individuals in securing an optimal earned income and enhancing their independence within their community. With a workforce of 37 employees, Diversified Opportunities Inc is committed to improving the livelihoods and self-reliance of those with disabilities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 71%, Two-Star out of Four Star rating.

Diversified Opportunities Inc has received a rating of "Needs Improvement," indicating some areas of concern despite strong performances in specific categories. The organization achieved a perfect score in accountability and finance, highlighting a majority independent board and a solid liabilities to assets ratio, which suggests good financial health. However, the lack of financial statements and various policies such as whistleblower and document retention resulted in significant score deductions.

While the program expense ratio of 80.28% indicates that a substantial portion of their funds is directed toward programs rather than administrative costs, the absence of crucial transparency measures, such as posting financial statements and tax forms on their website, raises questions about their overall accountability. The independent board structure is commendable, but the noted deficiencies in policy documentation could undermine trust among stakeholders.


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

Is Diversified Opportunities Inc legitimate?

Diversified Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diversified 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $753,187

For more financial information, click here

What is the mission statement of Diversified Opportunities Inc?

Diversified Opportunities Inc is committed to providing vocational evaluation, training, adjustment, and work activity services to individuals with disabilities. The primary aim is to help these individuals secure an optimal earned income and enhance their independence in the community. The organization offers a range of services designed to equip individuals with disabilities with the necessary skills and support to integrate successfully into the workforce, ultimately leading to increased self-reliance and improved quality of life.

Who is the CEO of Diversified Opportunities Inc?

Willie Williams is the Chair of Diversified Opportunities Inc.

What is the revenue of Diversified Opportunities Inc?

Diversified Opportunities Inc's revenue in 2023 was $1,655,375.

Who are the executives of Diversified Opportunities Inc and what are their salaries?

The average compensation at Diversified Opportunities Inc during 2023 was $20,356. There are 37 employees at Diversified Opportunities Inc.


Here are 5 key members and their salaries:


Cindy Harrell (Executive Di)
  • Compensation: $126,569
  • Related: $0
  • Other: $0
Donald Evans (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jones (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hearn Walston (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Williams (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Diversified Opportunities Inc?

Diversified Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Diversified Opportunities Inc

Diversified Opportunities Inc is committed to providing vocational evaluation, training, adjustment, and work activity services to individuals with disabilities. The organization's mission is to empower these individuals, enabling them to secure an optimal earned income and enhance their independence in the community. By offering these comprehensive services, Diversified Opportunities Inc aims to help individuals with disabilities integrate into society more effectively, thereby enriching their lives and contributing positively to their communities.

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Impact




July, 2024

Diversified Opportunities Inc has a significant impact on the lives of individuals with disabilities by providing vocational evaluation, training, adjustment, and work activity services. Through their efforts, they help these individuals secure optimal earned incomes and enhance their independence within the community. This organization in Wilson, NC, plays a vital role in empowering individuals with disabilities to reach their full potential and participate actively in society.




This information is meant to be a general summary of Diversified 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.

Revenue
$1,655,375 (2023)
Expenses
$1,358,273 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $83,201
  • Program Service Revenue: $1,416,198
  • Gross Receipts: $2,204,067

Assets and Liabilities:

  • Total Assets: $7,200,877
  • Total Liabilities: $149,599
  • Net Assets: $7,051,278

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REHABILITATION TRAINING

Revenue

$1,416,198

Organization Details

Principal Officer

Willie Williams

Main Address

1010 HERRING AVE, WILSON, NC, 27893

NTEE Category

Code: P82Z - Human services

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