Overview
What is Opportunity Inc Of Palm Beach County?
Opportunity Inc Of Palm Beach County is a nonprofit organization situated in West Palm Beach, Florida. With a mission to empower the children of working families, they provide year-round, five-day-per-week preschool education for 96 children, ranging from six weeks to five years old. Their goal is to prepare these at-risk children to enter kindergarten, meeting or exceeding state standards for school readiness, thereby setting them on a path for future success. This is achieved through comprehensive educational programs that cater to the child's overall development. Moreover, they also offer family programming to support the children's growth. Currently, the organization employs 32 individuals, demonstrating their commitment to this cause.
Official website here: www.opportunitypbc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 99%, Four-Star out of Four Star rating.
Opportunity Inc Of Palm Beach County has achieved an impressive 99% score, earning a Four-Star rating, which reflects its strong commitment to accountability and financial health. The organization scored exceptionally well in various metrics, particularly in Accountability & Finance with a perfect score of 100. The nonprofit demonstrates robust governance with 100% independent board members and an exemplary financial management system that includes thorough oversight and transparency.
The organization has notable strengths in its culture and community engagement, receiving a score of 93 in that area, indicating a strong connection with its stakeholders. Additionally, Opportunity Inc has shown remarkable leadership and adaptability, evidenced by a perfect score of 100. This suggests that the organization not only invests in leadership development but also effectively navigated the challenges posed by the pandemic.
Despite its strengths, the overall score reflects a lower performance in the area of Leadership & Adaptability, with only 16%. While this area still highlights evidence of investment in leadership, it may indicate potential opportunities for growth and improvement in adapting to ongoing changes and challenges in the nonprofit sector. Overall, Opportunity Inc Of Palm Beach County stands out as a well-managed and accountable organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Opportunity Inc Of Palm Beach County legitimate?
Opportunity Inc Of Palm Beach County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Inc Of Palm Beach County 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: $91,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,588,162
For more financial information, click here
Official website here: www.opportunitypbc.org
What is the mission statement of Opportunity Inc Of Palm Beach County?
Opportunity Inc Of Palm Beach County's mission is centered around empowering children from working families. This is achieved through comprehensive educational programs that cater to the child as a whole and family programming as well. The primary objective is to help these children succeed academically and in life, setting them up to meet or surpass state standards for school readiness. By doing so, they are positioned for future success. The organization's activities aim to prepare at-risk children for kindergarten, ensuring they are well-equipped to face their educational journey ahead.
Official website here: www.opportunitypbc.org
Who is the CEO of Opportunity Inc Of Palm Beach County?
Peter Nicoletti is the Director of Opportunity Inc Of Palm Beach County.
Official website here: www.opportunitypbc.org
What is the revenue of Opportunity Inc Of Palm Beach County?
Opportunity Inc Of Palm Beach County's revenue in 2021 was $3,078,164.
Official website here: www.opportunitypbc.org
Who are the executives of Opportunity Inc Of Palm Beach County and what are their salaries?
The average compensation at Opportunity Inc Of Palm Beach County during 2021 was $52,474. There are 32 employees and 50 volunteers at Opportunity Inc Of Palm Beach County.
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Official website here: www.opportunitypbc.org
Where can I find the form 990 for Opportunity Inc Of Palm Beach County?
Opportunity Inc Of Palm Beach County's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.opportunitypbc.org
Learn more at the official website: www.opportunitypbc.org
Mission Statement of Opportunity Inc Of Palm Beach County
Opportunity Inc of Palm Beach County is dedicated to empowering the children of working families, enabling them to attain both academic and personal accomplishments. This nonprofit organization achieves this goal through comprehensive educational programs that cater to the whole child and family programming. The mission of Opportunity Inc of Palm Beach County is to prepare at-risk children, ranging from six weeks to five years old, for kindergarten. By meeting or surpassing state standards for school readiness, these children are set on a path towards future success. The organization's approach emphasizes the importance of an all-encompassing education that addresses not only academic development but also the child's overall well-being.
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Impact
July, 2024
Opportunity Inc Of Palm Beach County empowers children from working families to achieve academic and life success through comprehensive educational programs and family support services. By providing year-round preschool education to 96 children, their goal is to prepare at-risk children to enter kindergarten meeting or exceeding state standards for school readiness. This sets them on a path towards future success and ensures they have a strong foundation for their academic journey. The organization's impact lies in positively influencing the lives of these children, giving them the tools and support they need to thrive academically and beyond.
This information is meant to be a general summary of Opportunity Inc Of Palm Beach County. 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 2021.
- Investment Income: $525,392
- Program Service Revenue: $656,343
- Gross Receipts: $3,078,164
Assets and Liabilities:
- Total Assets: $14,004,781
- Total Liabilities: $824,689
- Net Assets: $13,180,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$656,343
Organization Details
Founding Year
1982
Phone
(561) 712-9221Principal Officer
Peter Nicoletti
Main Address
4171 Westgate Ave, West Palm Beach, FL, 33409
Website
www.opportunitypbc.orgNTEE Category
Code: B200 - Education
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