Opportunity Knocks
- Assets
- $735.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 40
- Location
- River Forest, IL
- Founding
- 11/2010
- Data as of
- 06/2023
- EIN
- 26-4758403
Organization Overview
Opportunity Knocks is located in River Forest, IL. The organization was established in 2010. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Opportunity Knocks employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Knocks 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 06/2023, Opportunity Knocks generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 5.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPPORTUNITY KNOCKS IS A NONPROFIT ORGANIZATION DEDICATED TO PROVIDING OPPORTUNITIES AND RESOURCES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES SO THAT THEY MAY PURUSE THEIR EDUCATIONAL, OCCUPATIONAL AND SOCIAL INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OK PROGRAMS: OUR DYNAMIC, PERSON-CENTERED AND COMMUNITY-BASED DAY PROGRAM ENGAGES THE VOICE OF ALL WARRIORS, THRIVES ON INTERDEPENDENT CONNECTIONS, ENCOURAGES EXPLORATION, CENTERS ON HOLISTIC WELLNESS AND FOSTERS HEALTHY RELATIONSHIPS. ACTIVITY OFFERINGS VARY AND EVOLVE WITH WARRIOR INPUT.
ENTERPRISE: KNOCKOUT ENTERPRISE THRIVES IN A BLENDED WORK ENVIRONMENT WHERE PEOPLE WITH ALL VARIETIES OF ABILITY WORK TOGETHER TO RUN A SUCCESSFUL FOOD-FOCUSED BUSINESS. THE ENTERPRISE FEATURES A COMBINATION OF CREATIVE CULINARY AND AGRICULTURAL INITIATIVES THAT CONNECT TO AND FROM OUR FARM AND OUR KITCHEN.
H.O.M.E. :HOUSING OPPORTUNITIES & ME IS A PHILOSOPHY AND A MODEL OF SERVICE BUILT ON THE BELIEF THAT EVERYONE IS ENTITLED TO A SAFE, DECENT PLACE TO LIVE IN A COMMUNITY OF THEIR CHOICE WITH ACCESS TO THE SERVICES THEY NEED TO HELP THEM LIVE AS INDEPENDENTLY AND AS SELF-SUFFICIENT AS POSSIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Carmody Executive Dir. | Officer | 40 | $69,924 |
Philip Carmody President | Officer | 40 | $68,260 |
Joe Milburn Chairperson | OfficerTrustee | 5 | $0 |
Claudia Marciniak Vice President | OfficerTrustee | 5 | $0 |
Tom Mcshane Treasurer | OfficerTrustee | 3 | $0 |
Karen Hunter Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $46,673 |
| Related organizations | $0 |
| Government grants | $105,194 |
| All other contributions, gifts, grants, and similar amounts not included above | $429,348 |
| Noncash contributions included in lines 1a–1f | $46,673 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $581,215 |
| Total Program Service Revenue | $293,206 |
| Investment income | $2,747 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $192,437 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,069,605 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $588,714 |
| Other salaries and wages | $138,184 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,196 |
| Payroll taxes | $70,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,856 |
| Office expenses | $3,556 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,600 |
| 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 | $22,321 |
| Insurance | $27,122 |
| All other expenses | $30,061 |
| Total functional expenses | $1,063,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $389,097 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,695 |
| 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 | $83,476 |
| Investments—publicly traded securities | $203,280 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $735,548 |
| Accounts payable and accrued expenses | $13,377 |
| Grants payable | $0 |
| Deferred revenue | $7,500 |
| 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 | $20,877 |
| Net assets without donor restrictions | $714,671 |
| 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 | $735,548 |