Overview
What is Opportunities And Resources Inc?
Opportunities and Resources Inc, located in Wahiawa, Hawaii, is a nonprofit organization dedicated to supporting individuals with intellectual disabilities. Through various programs and funding from the federal government, state of Hawaii, and rental income, they provide essential services including work experience, education, medical care, social activities, and low-income housing. Their mission is to empower these individuals, fostering their personal growth and independence. The organization's operations involve offering a safe and supportive living environment, enabling them to actively participate in the community.
What are the reviews and ratings of this charity?
Charity Navigator rates Opportunities And Resources Inc with a Three-Star out of Four Star rating, reflecting a score of 79%. This rating indicates a reasonable level of transparency and financial health. The organization demonstrates strong accountability, boasting a fully independent board and effective oversight of its financial statements, which enhances its credibility.
The nonprofit excels in its program expense ratio, allocating 95.93% of its funds directly to programs, which highlights its commitment to fulfilling its mission. Additionally, it has solid policies in place, including conflict of interest and whistleblower protections, ensuring ethical governance practices. These strengths indicate that the organization is dedicated to responsible management and accountability.
However, there are areas of concern, particularly in the liabilities to assets ratio, which sits at 63.62%. This figure suggests potential financial vulnerabilities that could impact the organization's stability. Furthermore, the fundraising efficiency ratio indicates that the organization spends a significant amount to raise funds, which may affect its overall financial sustainability in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Opportunities And Resources Inc legitimate?
Opportunities And Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunities And Resources 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,382,799
For more financial information, click here
What is the mission statement of Opportunities And Resources Inc?
Opportunities and Resources Inc, as an organization, is dedicated to providing support for individuals with developmental disabilities. This support encompasses work experience, education, essential medical care, social activities, and low-income housing. The organization's mission is to create an environment that allows these individuals to thrive, enabling them to participate in social activities, pursue education, gain work experience, and secure affordable housing. Funding for the organization is primarily sourced from service fees, program fees from the U.S. Department of HUD, U.S. Department of Agriculture, the state of Hawaii, and rental revenue.
Who is the CEO of Opportunities And Resources Inc?
Unavailable
What is the revenue of Opportunities And Resources Inc?
Opportunities And Resources Inc's revenue in 2022 was $4,301,203.
Who are the executives of Opportunities And Resources Inc and what are their salaries?
The average compensation at Opportunities And Resources Inc during 2022 was $37,822. There are 63 employees at Opportunities And Resources Inc.
Here are 4 key members and their salaries:
- Compensation: $274,100
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Opportunities And Resources Inc?
Opportunities And Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Opportunities And Resources Inc
Opportunities and Resources Inc, as a nonprofit organization, is committed to providing essential services for individuals with developmental disabilities. Their mission encompasses offering work experience, education, medical care, and social activities, alongside providing low-income housing. By doing so, the organization aims to enhance the quality of life for these individuals, empowering them to lead fulfilling lives. Funding for this organization is primarily sourced from service fees, program fees from the federal government, such as the U.S. Department of HUD and U.S. Department of Agriculture, as well as state funding and rental revenue.
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Impact
July, 2024
Opportunities And Resources Inc's impact lies in providing essential social activities, education, work experience, and low-income rental housing designed for individuals with intellectual disabilities. By offering these services, the organization positively influences the lives of the developmental disabled community in Wahiawa, Hawaii. Through its work, Opportunities And Resources Inc creates opportunities for personal growth, independence, and community integration for those it serves.
This information is meant to be a general summary of Opportunities And Resources 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 2022.
- Investment Income: -$15,889
- Program Service Revenue: $1,004,467
- Gross Receipts: $4,301,203
Assets and Liabilities:
- Total Assets: $5,935,948
- Total Liabilities: $3,251,124
- Net Assets: $2,684,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL INCOME
Revenue
$722,743
OTHER INCOME
Revenue
$165,225
ALL OTHER PROGRAMS
Revenue
$116,499
Organization Details
Founding Year
1980
Phone
0808622392Main Address
64-1510 KAMEHAMEHA HWY, WAHIAWA, HI, 967862915
NTEE Category
Code: P820 - Human services
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