Overview
What is The Meadows Center For Opportunity Inc?
The Meadows Center for Opportunity Inc., located in Edmond, Oklahoma, is a distinctive nonprofit organization that primarily operates as a sheltered workshop. This workshop provides a beneficial environment for adults with developmental disabilities, enabling them to engage in work, socialize, and pursue a fulfilling future. The organization's primary source of revenue is contracted work, which accounts for approximately 65-70% of their income. They offer various services, including document pick-up and delivery, sorting, packaging, shredding, assembly, and marketing services. Moreover, they rely on government assistance for a portion of their funding and supplement their income through grants, investments, and annual fundraisers. The Meadows Center for Opportunity Inc. is dedicated to catering to customer needs regarding quality and turnaround time, ensuring their services remain responsive and effective.
Official website here: www.meadowsoklahoma.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Meadows Center For Opportunity Inc has received an 84% rating from Charity Navigator, reflecting a solid performance primarily in its Accountability & Finance metrics. This rating signifies that the organization demonstrates a commitment to financial transparency and responsible governance practices. The charity boasts a fully independent board, indicating strong oversight and decision-making capabilities.
Strengths noted include the absence of material diversion of assets and a high program expense ratio, which shows that a significant portion of its expenditures is directed towards its programs rather than administrative costs. The organization has received full points for its audit and oversight committee, financial statements, and the presence of board meeting minutes, suggesting effective internal controls.
However, there are some limitations, particularly regarding missing policies such as a conflict of interest and whistleblower policy, which may pose risks to governance. Despite these gaps, the overall financial health and commitment to accountability resonate positively through the charity's operations.
This AI summary has been generated from information found on Charity Navigator.
Is The Meadows Center For Opportunity Inc legitimate?
The Meadows Center For Opportunity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Meadows Center For Opportunity 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: $94,822
Professional Fundraising Fees: $0
Other Salaries and Wages: $774,763
For more financial information, click here
Official website here: www.meadowsoklahoma.com
What is the mission statement of The Meadows Center For Opportunity Inc?
The Meadows Center for Opportunity Inc, functioning as a unique business entity, is primarily dedicated to offering individuals with developmental disabilities an avenue for employment, social interaction, and personal development. By leveraging contracted work and revenue derived from it, the organization provides a conducive environment for these individuals to focus on a productive future. The center's activities encompass a variety of tasks, including document and media handling, packaging, assembly, and marketing services. The primary objective of The Meadows Center for Opportunity Inc is to offer adults with developmental disabilities a chance to contribute to society and enhance their lives through gainful employment.
Official website here: www.meadowsoklahoma.com
Who is the CEO of The Meadows Center For Opportunity Inc?
George Martin is the Treasurer of The Meadows Center For Opportunity Inc.
Official website here: www.meadowsoklahoma.com
What is the revenue of The Meadows Center For Opportunity Inc?
The Meadows Center For Opportunity Inc's revenue in 2023 was $1,767,111.
Official website here: www.meadowsoklahoma.com
Who are the executives of The Meadows Center For Opportunity Inc and what are their salaries?
The average compensation at The Meadows Center For Opportunity Inc during 2023 was $16,407. There are 53 employees at The Meadows Center For Opportunity Inc.
Here are 9 key members and their salaries:
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Official website here: www.meadowsoklahoma.com
Where can I find the form 990 for The Meadows Center For Opportunity Inc?
The Meadows Center For Opportunity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.meadowsoklahoma.com
Learn more at the official website: www.meadowsoklahoma.com
Mission Statement of The Meadows Center For Opportunity Inc
The Meadows Center for Opportunity Inc, unlike many other organizations, uniquely operates as a sheltered workshop. Its mission is centered around providing adults with developmental disabilities an opportunity to engage in employment, socialization, and fostering a productive future. By leveraging contracted work and the revenue derived from it, this nonprofit serves as a small business that employs individuals with disabilities. The workshop's average contract revenue typically accounts for 65-70% of its overall income, with government assistance contributing 10-20%. The remaining balance is sourced from grants, investments, and an annual fundraiser. By being responsive to customer needs in terms of quality and turnaround time, The Meadows Center for Opportunity Inc offers a range of services, including document pick-up, delivery, sorting, shredding, packaging, assembly, marketing, and public relations services. This approach not only enables these individuals to work but also allows them to contribute to the community in a meaningful way.
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Impact
July, 2024
The Meadows Center For Opportunity Inc provides adults with developmental disabilities the opportunity to work, socialize, and focus on a productive future through its sheltered workshop program. By offering job opportunities such as document destruction, packaging, assembly, and marketing services, The Meadows Center promotes independence and self-sufficiency among its participants. The organization's innovative model, which relies heavily on contracted work for revenue, ensures that individuals with disabilities have meaningful employment opportunities while also meeting customer needs for quality and efficiency. Overall, The Meadows Center For Opportunity Inc's impact lies in empowering individuals with developmental disabilities to contribute to the workforce and society, fostering a sense of purpose and fulfillment in their lives.
This information is meant to be a general summary of The Meadows Center For Opportunity 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: $13,031
- Program Service Revenue: $1,380,009
- Gross Receipts: $1,773,363
Assets and Liabilities:
- Total Assets: $2,749,649
- Total Liabilities: $93,060
- Net Assets: $2,656,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Document Destruction
Revenue
$1,159,479
Packaging
Revenue
$3,196
Waivered Services
Revenue
$217,334
Organization Details
Founding Year
1982
Phone
(405) 348-4470Principal Officer
George Martin
Main Address
1000 South Kelley Avenue, Edmond, OK, 73003
Website
www.meadowsoklahoma.comNTEE Category
Code: J330 - Employment
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