Overview
What is Opportunity Village Foundation?
Opportunity Village Foundation, based in Las Vegas, Nevada, is a nonprofit organization committed to raising funds for Opportunity Village through various events and campaigns, such as The Magical Forest and The Las Vegas Great Santa Run. These funds are essential for enhancing the lives of Nevada residents with intellectual disabilities and their families. The Opportunity Village Foundation enables the provision of vocational training, community employment, day services, advocacy, arts, and social recreation by providing the necessary facilities and ongoing operating dollars through capital campaigns. The organization's workforce consists of 64 dedicated individuals.
Official website here: www.opportunityvillage.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% (Four-Star out of Four Star rating)
Opportunity Village Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is derived from a perfect accountability and finance score of 96%, reflecting its strong governance practices and responsible financial management. The organization boasts a majority independent board and maintains rigorous oversight through its Audit and Oversight Committee.
The foundation demonstrates a solid commitment to transparency, as evidenced by its comprehensive policies on conflict of interest and whistleblowing, as well as a clear record of financial reporting. With a program expense ratio of 78.75%, the majority of its funds are directed towards its programs, further highlighting its dedication to its mission. Additionally, the organization maintains a very low liabilities to assets ratio, suggesting strong financial stability.
However, while the fundraising efficiency ratio of $0.242 indicates good performance in fundraising relative to expenses, there is room for improvement in this area. Overall, Opportunity Village Foundation appears to be a well-managed nonprofit with a strong focus on accountability, transparency, and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Opportunity Village Foundation legitimate?
Opportunity Village Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Village Foundation 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: $209,568
Professional Fundraising Fees: $22,370
Other Salaries and Wages: $3,228,497
For more financial information, click here
Official website here: www.opportunityvillage.org
What is the mission statement of Opportunity Village Foundation?
The Opportunity Village Foundation raises funds through various events like The Magical Forest and The Las Vegas Great Santa Run. These funds are dedicated to enhancing the lives of individuals with intellectual disabilities in Nevada, as well as their families. Capital campaigns are initiated to provide the necessary facilities and ongoing operating dollars for these programs.
Official website here: www.opportunityvillage.org
What is the revenue of Opportunity Village Foundation?
Opportunity Village Foundation's revenue in 2024 was $26,695,174.
Official website here: www.opportunityvillage.org
Who are the executives of Opportunity Village Foundation and what are their salaries?
The average compensation at Opportunity Village Foundation during 2024 was $45,238. There are 76 employees and 10209 volunteers at Opportunity Village Foundation.
Here are 25 key members and their salaries:
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Official website here: www.opportunityvillage.org
Where can I find the form 990 for Opportunity Village Foundation?
Opportunity Village Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.opportunityvillage.org
Learn more at the official website: www.opportunityvillage.org
Mission Statement of Opportunity Village Foundation
Opportunity Village Foundation, a renowned organization, is dedicated to raising funds for the betterment of people with intellectual disabilities in Nevada. Through various fundraising initiatives, such as The Magical Forest and The Las Vegas Great Santa Run, Opportunity Village Foundation collects essential resources. These funds are then allocated to enhance the lives of individuals with intellectual disabilities and their families. Capital campaigns are an integral part of the foundation's efforts, providing the necessary funds for facilities and ongoing operating dollars for these programs. By doing so, Opportunity Village Foundation plays a significant role in creating opportunities and improving the quality of life for those it serves.
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Impact
October, 2024
Opportunity Village Foundation significantly enhances the lives of individuals with intellectual disabilities and their families across Nevada. Through various fundraising initiatives, such as the Magical Forest and the Las Vegas Great Santa Run, the foundation raises crucial funds that are allocated to provide vital services. These services include vocational training, community employment opportunities, and day services, all aimed at fostering independence and enhancing quality of life.
Each year, the foundation contributes millions of dollars in operating subsidies, allowing Opportunity Village to operate effectively and expand its reach. The impact is far-reaching, promoting advocacy and offering arts and social recreation programs that not only support individuals with disabilities but also engage their families and the wider community. By undertaking capital campaigns, Opportunity Village Foundation ensures the continual development of facilities and services, making a lasting difference in the lives of those they serve.
This information is meant to be a general summary of Opportunity Village Foundation. 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 2024.
- Investment Income: $3,523,868
- Gross Receipts: $61,307,285
Assets and Liabilities:
- Total Assets: $92,261,435
- Total Liabilities: $11,464,443
- Net Assets: $80,796,992
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Organization Details
Founding Year
1991
Principal Officer
Robert Brown
Website
www.opportunityvillage.orgNTEE Category
Code: T70Z - Philanthropy
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