The Opportunity Center Foundation I is located in Ponca City, OK. The organization was established in 1975. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Center Foundation I 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 Center Foundation I generated $539.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $410.0k during the year ending 12/2021. While expenses have increased by 14.6% 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
OUR MISSION IS TO PROVIDE FUNDING TO THE OPPORTUNITY CENTER, INC, A CHARITABLE ORGANIZATION, TO ENABLE THEM TO PROVIDE VOCATIONAL AND RESIDENTIAL TRAINING TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPPORTUNITY CENTER FOUNDATION, INC PROVIDES FUNDING TO THE OPPORTUNITY CENTER, INC, A CHARITABLE ORGANIZATION, ENABLING THEM TO PROVIDE VOCATIONAL AND RESIDENTIAL TRAINING TO OVER 75 INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES DURING THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Suzie Greenwood President | OfficerTrustee | 0.5 | $0 |
Molly Kyler Vice President | OfficerTrustee | 0.5 | $0 |
Jb Parsons Treasurer | OfficerTrustee | 0.5 | $0 |
Stephanie Austin Secretary | OfficerTrustee | 0.5 | $0 |
Bill Bridwell Director | Trustee | 0.5 | $0 |
Doug Wilson Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $60,900 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $161,831 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $222,731 |
Total Program Service Revenue | $0 |
Investment income | $71,901 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $326,046 |
Net Income from Fundraising Events | -$81,724 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $538,954 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $400,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $695 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,600 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $1,705 |
All other expenses | $0 |
Total functional expenses | $410,000 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $32,932 |
Savings and temporary cash investments | $151,167 |
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 | $0 |
Investments—publicly traded securities | $6,290,940 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,475,039 |
Accounts payable and accrued expenses | $4,541 |
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 | $0 |
Total liabilities | $4,541 |
Net assets without donor restrictions | $0 |
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 | $6,470,498 |
Total liabilities and net assets/fund balances | $6,475,039 |
Over the last fiscal year, we have identified 1 grants that The Opportunity Center Foundation I has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Clyde & Anita Becker Foundation Inc Tulsa, OK PURPOSE: GENERAL OPERATING FUND | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Cal Farleys Boys Ranch Foundation Amarillo, TX | $353,153,021 | $39,306,291 |
Collaborative For Children Houston, TX | $4,167,922 | $11,693,599 |
Midwest Senior Ministries Inc St Louis, MO | $12,712,163 | $13,139,984 |
All Church Home For Children Foundation Fort Worth, TX | $118,594,523 | $22,732,267 |
Lakemary Center Endowment Association Paola, KS | $0 | $1,896,791 |
Friends Of Flance Center St Louis, MO | $0 | $160,628 |
Catholic Charities Foundation St Louis, MO | $17,905,767 | $7,836,283 |
Lutheran Senior Services Endowment Fund St Louis, MO | $77,808,847 | $9,810,393 |
Tafb-Spe Fort Worth, TX | $0 | $5,833,618 |
Tca Building Corporation Colorado Springs, CO | $64,831,208 | $10,203,018 |
Jewish Community Campus Of Greater Kansas City Inc Overland Park, KS | $32,789,655 | $9,864,983 |
Vogel Alcove Foundation Dallas, TX | $9,750,869 | $194,747 |