Overview
What is Ozark Opportunities Inc?
Ozark Opportunities Inc is a nonprofit organization located in Harrison, Arkansas. With a mission to promote community welfare and enhance the lives of its citizens in Baxter, Boone, Marion, Newton, Searcy, and Van Buren counties, the organization focuses on children's services. This includes operating the Head Start Program and Arkansas Better Chance Program, which aim to prepare children for school by improving their cognitive, social, and emotional development. The organization has a dedicated workforce of 139 individuals, working tirelessly to contribute to the civic service and sponsor various social, educational, and economic projects in the region.
Official website here: www.ozarkopp.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)
Ozark Opportunities Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance with an overall score of 86%. The organization demonstrates strong accountability and financial practices, with an independent board comprising 100% members, and a program expense ratio of 98.76%, indicating that the majority of its funds are directed towards its programs and services.
The nonprofit also excels in governance policies, having established frameworks for conflict of interest, whistleblower protections, and document retention. These measures, along with the absence of material asset diversions, contribute to a transparent operational environment. The organization’s commitment to audit and oversight is underscored by a well-structured financial statement review process.
However, there is a note regarding the liabilities to assets ratio, which stands at 63.21%. This figure may warrant attention as it suggests a significant portion of the organization's assets are tied to liabilities, potentially impacting financial stability in the long term. Overall, Ozark Opportunities Inc shows commendable governance and financial accountability but should continue monitoring its financial ratios for sustained health.
This AI summary has been generated from information found on Charity Navigator.
Is Ozark Opportunities Inc legitimate?
Ozark Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ozark 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: $136,837
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,849,508
For more financial information, click here
Official website here: www.ozarkopp.org
What is the mission statement of Ozark Opportunities Inc?
Ozark Opportunities Inc is committed to providing constructive civic service and promoting the welfare of its community. This is achieved through the sponsorship of social, educational, and economic projects. A significant part of their mission involves children's services, specifically the Head Start Program and Arkansas Better Chance Program. The objectives of these programs are to enhance children's cognitive, social, and emotional development, ultimately aiming to promote school readiness.
Official website here: www.ozarkopp.org
Who is the CEO of Ozark Opportunities Inc?
Richard Atkinson is the Ceo of Ozark Opportunities Inc. The CEO's salary of Ozark Opportunities Inc is $134,816 and their total compensation is $134,816.
Official website here: www.ozarkopp.org
What is the revenue of Ozark Opportunities Inc?
Ozark Opportunities Inc's revenue in 2023 was $6,891,583.
Official website here: www.ozarkopp.org
Who are the executives of Ozark Opportunities Inc and what are their salaries?
The average compensation at Ozark Opportunities Inc during 2023 was $21,484. There are 139 employees and 129 volunteers at Ozark Opportunities Inc.
Here are 15 key members and their salaries (Ozark Opportunities Inc's CEO's salary is $134,816 and their total compensation is $134,816):
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Official website here: www.ozarkopp.org
Where can I find the form 990 for Ozark Opportunities Inc?
Ozark Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ozarkopp.org
Learn more at the official website: www.ozarkopp.org
Mission Statement of Ozark Opportunities Inc
Ozark Opportunities Inc, a dedicated nonprofit organization, is committed to rendering constructive civic service. The primary goal of this organization is to sponsor and support a variety of social, educational, and economic projects aimed at improving the welfare of the community and its citizens residing in Baxter, Boone, Marion, Newton, Searcy, and Van Buren counties in Arkansas.
One of the key initiatives undertaken by Ozark Opportunities Inc is the provision of children's services. Among these services is the Head Start Program and the Arkansas Better Chance Program. The objectives of these programs are to promote school readiness by enhancing children's cognitive, social, and emotional development. By focusing on these essential aspects, the organization aims to equip children with the necessary skills to succeed in their educational journeys and beyond.
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Impact
July, 2024
Ozark Opportunities Inc's impact is evident in the positive changes it brings to the Ozarks community in Arkansas. Its focus on rendering constructive civic service through social, educational, and economic projects contributes significantly to the welfare of the citizens in Baxter, Boone, Marion, Newton, Searcy, and Van Buren counties. Specifically, through programs like the Head Start and Arkansas Better Chance, Ozark Opportunities Inc is instrumental in promoting school readiness by enhancing children's cognitive, social, and emotional development. By prioritizing children's services, Ozark Opportunities Inc plays a vital role in shaping the future of the community and ensuring a brighter outlook for the next generation.
This information is meant to be a general summary of Ozark 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: $5,864
- Gross Receipts: $6,892,275
Assets and Liabilities:
- Total Assets: $2,864,876
- Total Liabilities: $1,811,078
- Net Assets: $1,053,798
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Organization Details
Founding Year
1969
Phone
(870) 741-9406Principal Officer
Richard Atkinson
Main Address
PO BOX 1400, HARRISON, AR, 72602
Website
www.ozarkopp.orgNTEE Category
Code: S200 - Community improvement
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