Opportunity Hub
- Assets
- $194.3k
- Revenue
- $721.3k
- Investments
- $0.0
- Employees
- 33
- Location
- Spartanburg, SC
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 06-1644643
Organization Overview
Opportunity Hub is located in Spartanburg, SC. The organization was established in 2002. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Opportunity Hub employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Hub is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Opportunity Hub generated $721.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $689.7k during the year ending 12/2021. While expenses have increased by 22.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TEMPORARY SHELTER, FOOD AND SUPPORT SERVICES FOR LOCAL HOMELESS FAMILIES IN A CARING ATMOSPHERE, BY BRING TOGETHER FAITH COMMUNTIES, VOLUNTEERS AND SOCIAL SERVICE AGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TEMPORARY SHELTER, FOOD AND SUPPORT SERVICES FOR LOCAL HOMELESS FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Sutton Vice Chair | OfficerTrustee | 2 | $0 |
Jennifer Britanisky Treasurer | OfficerTrustee | 2 | $0 |
Lisa Claxton Chair | OfficerTrustee | 2 | $0 |
Dania Daniels Secretary | OfficerTrustee | 2 | $0 |
Susan Ballantyne Director | Trustee | 1 | $0 |
Mary Boccella Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $40,816 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $382,923 |
| All other contributions, gifts, grants, and similar amounts not included above | $291,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $715,162 |
| Total Program Service Revenue | $0 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,118 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $721,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,850 |
| Compensation of current officers, directors, key employees. | $4,960 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,023 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,720 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,021 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,000 |
| Advertising and promotion | $0 |
| Office expenses | $11,165 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,000 |
| Travel | $7,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,800 |
| Insurance | $8,313 |
| All other expenses | $83,412 |
| Total functional expenses | $689,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,331 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $101,009 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $194,340 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,647 |
| Total liabilities | $19,647 |
| Net assets without donor restrictions | $174,693 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $194,340 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Opportunity Hub has recieved totaling $94,200.
| Awarding Organization | Amount |
|---|---|
South Carolina Christian Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $82,200 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $6,464 |
Mary Black Foundation Inc Spartanburg, SC PURPOSE: HEALTHY FAMILIES INITIATIVE TRIPLE P IMPLEMENTATION | $5,000 |
Woodforest Charitable Foundation The Woodlands, TX PURPOSE: SUPPORT OF GENERAL PROGRAMS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Second Harvest Food Bank Of Northwest North Carolina Inc Winston Salem, NC | $40,643,437 | $84,978,237 |
Harvest Hope Food Bank Columbia, SC | $18,459,507 | $52,907,942 |
Manna Food Bank Inc Asheville, NC | $28,506,662 | $36,666,910 |
Second Harvest Of South Georgia Inc Valdosta, GA | $19,828,071 | $36,132,665 |
Golden Harvest Food Bank Inc Augusta, GA | $21,730,028 | $42,603,313 |
Middle Georgia Community Food Bank Inc Macon, GA | $8,547,725 | $23,736,879 |
Food Bank Of Northeast Georgia Athens, GA | $15,574,908 | $23,249,969 |
Feeding The Valley Inc Columbus, GA | $16,476,575 | $22,370,565 |
Food Bank Of The Albemarle Elizabeth City, NC | $9,553,022 | $20,689,010 |
The Outreach Center Morganton, NC | $2,574,708 | $14,499,667 |
Americas Second Harvest Of Coastal Georgia Inc Savannah, GA | $29,043,822 | $21,288,824 |
Southern Crescent Resource Ministries Inc Mcdonough, GA | $673,774 | $10,495,783 |