Overview
What is Opportunity Drive?
Opportunity Drive is a nonprofit organization dedicated to fostering educational and career prospects, aiming to boost economic mobility for individuals, irrespective of their socioeconomic background. It supports and funds organizations that focus on community advancement. Historically, Opportunity Drive has funded substantial community development projects. However, its activities have significantly reduced since 2022, and as of 2023, the organization has ceased its operations.
Is Opportunity Drive legitimate?
Opportunity Drive is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Drive submitted a form 990EZ, 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.
What is the mission statement of Opportunity Drive?
Opportunity Drive's mission is centered around fostering educational and career opportunities to enhance economic mobility for individuals, regardless of their socioeconomic background. The organization supports and funds entities that contribute to community development. Historically, Opportunity Drive has made substantial grants for community growth projects. However, by 2022, the organization had significantly scaled back its activities and eventually dissolved entirely in 2023. During its active period, Opportunity Drive's mission involved funding organizations that promote community growth and contribute to increasing opportunities for individuals to advance economically.
Who is the CEO of Opportunity Drive?
Ricardo Elias is the President of Opportunity Drive.
What is the revenue of Opportunity Drive?
Opportunity Drive's revenue in 2022 was $0.
Who are the executives of Opportunity Drive and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Opportunity Drive?
Opportunity Drive's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Opportunity Drive
Opportunity Drive, as an organization, is committed to fostering educational and career prospects, aiming to boost economic mobility for individuals, irrespective of their socioeconomic backgrounds. Its mission involves championing and financially backing organizations that contribute to community development. Previously, Opportunity Drive made substantial investments in community development projects. However, by 2022, the organization had significantly scaled back its activities and, ultimately, dissolved in 2023. During its active period, Opportunity Drive played a crucial role in supporting organizations focused on community growth, aiming to provide more opportunities for individuals to enhance their economic standing.
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Impact
October, 2024
Opportunity Drive significantly influenced educational attainment and career advancement by promoting economic mobility for individuals across various socioeconomic backgrounds. Its efforts centered around supporting organizations dedicated to community growth, which culminated in substantial grants aimed at fostering development within communities. Through these initiatives, Opportunity Drive was able to enhance access to resources and opportunities for individuals, creating pathways for those who may have faced systemic barriers. However, by 2022, the organization had begun winding down its operations, culminating in its dissolution in 2023. While its legacy focused on community improvement, the reduction in activity may impact ongoing support for the very initiatives it championed.
This information is meant to be a general summary of Opportunity Drive. 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 2022.
Assets and Liabilities:
- Total Assets: $79,672
- Total Liabilities: $88,787
- Net Assets: -$9,115
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Organization Details
Phone
(704) 971-2300Principal Officer
Ricardo Elias
Main Address
1423 RED VENTURES DRIVE, FORT MILL, SC, 29707
NTEE Category
Code: S40 - Community improvement
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