Options Unlimited Inc

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

EIN: 611127049 ✦ Shepherdsville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Options Unlimited Inc?

Options Unlimited Inc, based in Shepherdsville, Kentucky, is a not-for-profit organization dedicated to empowering individuals with developmental disabilities. Their primary mission is to create valuable social roles for these clients by offering employment opportunities or arranging for work training and volunteering in community settings. Through their Supported Employment Program, they provide a variety of services and support to help individuals achieve their vocational goals within 120 words. The organization, with a workforce of 30, is committed to promoting the integration and inclusion of individuals with developmental disabilities, thereby enhancing their quality of life.


Official website here: www.optionsunlimitedinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Options Unlimited Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's overall score is based entirely on its accountability and finance metrics, highlighting a solid commitment to transparency and responsible financial management. Specifically, it received a perfect score in areas such as the independence of its board members and the oversight of financial statements.

The nonprofit boasts 100% independent board members and maintains a low liabilities to assets ratio of only 2.41%, indicating strong financial health. Additionally, it excels in program expenses, allocating 85.72% of its budget directly to its programs. This demonstrates a clear focus on mission-driven outcomes and effective use of resources.

While the financial indicators are robust, the summary does not mention any specific programs or impact stories that could provide a clearer picture of the organization's effectiveness in fulfilling its mission. Nonetheless, the high ratings in accountability and finance suggest that Options Unlimited Inc is a well-managed organization dedicated to its cause.


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

Is Options Unlimited Inc legitimate?

Options Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Options Unlimited 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: $125,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $657,629

For more financial information, click here


Official website here: www.optionsunlimitedinc.org

What is the mission statement of Options Unlimited Inc?

Options Unlimited Inc, as a not-for-profit organization, is dedicated to creating and promoting valuable social roles for individuals with developmental disabilities. They achieve this by offering or arranging work, training opportunities, and voluntary associations in typical community settings. The supported employment program provided by the organization offers various services and supports, enabling individuals to achieve their desired vocational goals within typical community settings. In essence, Options Unlimited Inc empowers individuals with developmental disabilities to lead fulfilling lives and contribute positively to their communities.


Official website here: www.optionsunlimitedinc.org

Who is the CEO of Options Unlimited Inc?

Brian Stinnett is the President of Options Unlimited Inc.


Official website here: www.optionsunlimitedinc.org

What is the revenue of Options Unlimited Inc?

Options Unlimited Inc's revenue in 2022 was $1,752,746.


Official website here: www.optionsunlimitedinc.org

Who are the executives of Options Unlimited Inc and what are their salaries?

The average compensation at Options Unlimited Inc during 2022 was $26,089. There are 30 employees and 13 volunteers at Options Unlimited Inc.


Here are 7 key members and their salaries:


Debbie Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Kirkland (Vice President / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darby Bray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Feltman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandi Fleming (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Welch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Byrd (Executive Director)
  • Compensation: $118,093
  • Related: $0
  • Other: $12,225


Official website here: www.optionsunlimitedinc.org

Where can I find the form 990 for Options Unlimited Inc?

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


Official website here: www.optionsunlimitedinc.org

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

Mission Statement of Options Unlimited Inc

Options Unlimited Inc, a not-for-profit agency, is dedicated to fostering valued social roles for individuals with developmental disabilities. The organization achieves this mission by offering or arranging work, training opportunities, and voluntary association within typical community settings. By providing these opportunities, Options Unlimited Inc aims to help individuals with developmental disabilities achieve their desired vocational goals through its supported employment program. This program offers a variety of services and supports to enable individuals to thrive and contribute positively to their communities.

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Impact




July, 2024

Options Unlimited Inc's impact lies in its dedication to developing and promoting valued social roles for developmentally disabled individuals. Through its supported employment program, the organization provides a variety of services and supports to help clients achieve their vocational goals. By offering work opportunities, training, and voluntary association in typical community settings, Options Unlimited Inc plays a crucial role in empowering individuals with developmental disabilities to lead fulfilling and independent lives.




This information is meant to be a general summary of Options Unlimited 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
$1,752,746 (2022)
Expenses
$1,288,465 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $540,019
  • Program Service Revenue: $814,628
  • Gross Receipts: $4,099,831

Assets and Liabilities:

  • Total Assets: $3,404,491
  • Total Liabilities: $83,445
  • Net Assets: $3,321,046

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Programs

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

SUPPORTED EMPLOYMENT

Revenue

$718,341

ADULT DAY

Revenue

$96,287

Organization Details

Founding Year

1987

Principal Officer

Brian Stinnett

Main Address

205 CASTLEROCK ROAD, SHEPHERDSVILLE, KY, 40165

NTEE Category

Code: J30 - Employment

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