Overview
What is West Texas Opportunities Inc?
West Texas Opportunities Inc is a nonprofit organization located at 603 N 4th Street, Lamesa, TX, 79331. Their mission is to alleviate the constraints of poverty by investing in families to enhance their quality of life. Specifically, they offer protective services that assist in meeting financial obligations to safeguard the well-being of children and the elderly. This program served 11,386 recipients in the current year. The organization, with a workforce of 256 employees, aims to provide essential support to improve family living conditions.
Official website here: www.gowto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
West Texas Opportunities Inc has achieved a perfect score of 100%, reflecting exceptional standards in accountability and finance. This rating indicates a high level of transparency and responsible management of resources, which is crucial for maintaining trust with donors and beneficiaries alike.
The organization boasts a fully independent board, ensuring that decision-making is free from conflicts of interest. Its financial practices are robust, highlighted by a low liabilities-to-assets ratio and a program expense ratio of nearly 98%, suggesting that the majority of its funding is directed towards its programs rather than administrative costs.
While the financial metrics are impressive, the data does not provide information on the impact of the programs offered or community feedback. This limits the understanding of the organization's effectiveness beyond its financial health, which is an important aspect for potential supporters to consider.
This AI summary has been generated from information found on Charity Navigator.
Is West Texas Opportunities Inc legitimate?
West Texas Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Texas 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: $494,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,332,554
For more financial information, click here
Official website here: www.gowto.org
What is the mission statement of West Texas Opportunities Inc?
West Texas Opportunities Inc is dedicated to alleviating the challenges posed by poverty for families, aiming to enhance their overall quality of life. Their mission is realized through investing in these families, providing them with essential resources and support. The Protective Services Program, one of their initiatives, offers assistance to meet financial obligations in safeguarding the well-being of children and the elderly. In the current year, 11,386 recipients have benefited from their services.
Official website here: www.gowto.org
Who is the CEO of West Texas Opportunities Inc?
Jenny L Gibson is the Executive Director of West Texas Opportunities Inc. The CEO's salary of West Texas Opportunities Inc is $0 and their total compensation is $0.
Official website here: www.gowto.org
What is the revenue of West Texas Opportunities Inc?
West Texas Opportunities Inc's revenue in 2023 was $34,179,150.
Official website here: www.gowto.org
Who are the executives of West Texas Opportunities Inc and what are their salaries?
The average compensation at West Texas Opportunities Inc during 2023 was $7,138. There are 256 employees at West Texas Opportunities Inc.
Here are 24 key members and their salaries (West Texas Opportunities Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $126,852
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- Compensation: $98,300
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- Compensation: $87,973
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- Compensation: $81,516
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Official website here: www.gowto.org
Where can I find the form 990 for West Texas Opportunities Inc?
West Texas Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gowto.org
Learn more at the official website: www.gowto.org
Mission Statement of West Texas Opportunities Inc
West Texas Opportunities Inc, a dedicated nonprofit organization, strives to alleviate the constraints of poverty by investing in families and enhancing their overall quality of life. In simple terms, their mission is to help families overcome financial limitations and thrive.
The Protective Services Program, a key initiative of West Texas Opportunities Inc, plays a significant role in this mission. This program offers assistance to families in meeting their financial obligations, ensuring the well-being of children and the elderly. The organization served 11,386 recipients in the current year, demonstrating its extensive reach and commitment to making a difference. By providing support in meeting financial obligations, West Texas Opportunities Inc enables families to focus on their fundamental needs and the essential aspects of their lives.
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Impact
October, 2024
West Texas Opportunities Inc plays a crucial role in alleviating the challenges posed by poverty, focusing on enhancing the quality of life for families in need. By providing essential services through its Protective Services Program, the organization assists both children and adults in fulfilling their financial obligations, ensuring their well-being and safety. In the current year alone, an impressive 11,386 individuals benefitted from these vital support services. Based in Lamesa, Texas, West Texas Opportunities Inc is dedicated to investing in families, helping to break the cycle of poverty and improve community health and resilience.
This information is meant to be a general summary of West Texas 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: $63,525
- Program Service Revenue: $498,434
- Gross Receipts: $34,179,150
Assets and Liabilities:
- Total Assets: $7,527,978
- Total Liabilities: $795,836
- Net Assets: $6,732,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FARE REVENUE
Revenue
$498,434
Organization Details
Founding Year
1966
Phone
(806) 872-8354Principal Officer
Jenny L Gibson
Main Address
603 N 4TH STREET, LAMESA, TX, 79331
Website
www.gowto.orgNTEE Category
Code: P200 - Human services
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