Educational Opportunity Association Inc, operating under the name Educational Opportunity Association, is located in Kenosha, WI. The organization was established in 1979. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational Opportunity Association 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 12/2023, Educational Opportunity Association generated $807.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $738.5k during the year ending 12/2023. While expenses have increased by 5.0% per year over the past 9 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
TO PROVIDE POST-SECONDARY EDUCATION OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE EDUCATIONAL OPPORTUNITY ASSOCIATION, (THE ASSOCIATION) IS TO BRING TOGETHER INTO A WORK AND STUDY COMMUNITY PERSONS WHO HAVE AN ACTIVE INTEREST IN OR WHO ARE PROFESSIONALLY INVOLVED IN BROADENING ACCESSIBILITY TO AND SUCCESS IN FORMAL POSTSECONDARY EDUCATION. MAJOR FOCI WILL BE: 1) ELEMENTS WHICH PREPARE STUDENTS FOR POSTSECONDARY EDUCATIONAL EXPERIENCES; AND 2) INSTITUTIONAL RESPONSES TO THE CHALLENGE OF SERVING MORE DIVERSE STUDENT POPULATIONS. THE ASSOCIATION IS PARTICULARLY CONCERNED ABOUT STUDENTS WHO, BY REASON OF SOCIOECONOMIC STATION, FIRST GENERATION STATUS, ETHNIC DEFINITION, MILITARY VETERAN STATUS, AND/OR DISABILITY, ARE IN A POSITION OF DISADVANTAGE WITH TRADITIONAL MAINSTREAM AMERICAN STUDENTS. THE ASSOCIATION SEEKS TO ACCOMPLISH ITS PURPOSE(S) BY: 1) PROMOTING RESEARCH, EVALUATION, PROGRAMMATIC AND FISCAL PLANNING, AND TRAINING INCLUSIVE OF, BUT NOT LIMITED TO, CONDUCTING WORKSHOPS AND SEMINARS, AND EDUCATING THE PUBLIC AND PUBLIC OFFICIALS TO THE CONCERNS OF THE ASSOCIATION; 2) DEVELOPING THE CAPABILITY TO MAKE TIMELY AND MEANINGFUL RESPONSES TO ISSUES AND CONCERNS AFFECTING THE EDUCATIONAL RESOURCES AND ENVIRONMENTS OF STUDENTS; 3) ENCOURAGING THE DEVELOPMENT AND EXPANSION OF A COMMUNICATIONS NETWORK PRIMARILY FOR PERSONS PROFESSIONALLY INVOLVED IN EDUCATIONAL OPPORTUNITY PROGRAMS AND SERVICES; 4) ENGAGING IN THE SPECIFIC AND GENERAL COORDINATION OF EFFORTS WITH OTHER ORGANIZATIONS AND PERSONS HAVING PURPOSES SUPPORTIVE OF OR IN HARMONY WITH ASSOCIATION CONCERNS; AND, 5) AWARDING SCHOLARSHIPS TO STUDENTS IN ACCORDANCE WITH THE PURPOSES OF THE ASSOCIATION AND ACCORDING TO QUALIFICATIONS ESTABLISHED BY THE BOARD OF DIRECTORS AND THE GENERAL ASSEMBLY IN CONJUNCTION WITH THE EOA FOUNDATION.IN 2023, ACCOMPLISHMENTS INCLUDED CONDUCTING AN EOA ANNUAL PROFESSIONAL CONFERENCE, EMERGING LEADERS INSTITUTE, AND KEITH SHERIN GLOBAL LEADERS PROGRAM; PROVIDING SCHOLARSHIPS TO COLLEGE AND PRE-COLLEGE PARTICIPANTS; AND PROVIDING PROFESSIONAL DEVELOPMENT WORKSHOPS FOR ACTIVITIES THAT TEACH-TRAIN THE TRAINER, MOMENTUM RECRUITMENT GUIDE WITH PARADIGM SHIFT, OMB UNIFORM GUIDANCE, PEOPLE FIRST PROFESSIONAL DEVELOPMENT WITH PARADIGM SHIFT, AND CREATING CULTURE WITH PARADIGM SHIFT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Virta President | OfficerTrustee | 4 | $0 |
Ronnell Dubose Past President | OfficerTrustee | 2 | $0 |
Adam Cinderich Presiden-Elect | OfficerTrustee | 2 | $0 |
Shanna Frank Secretary | OfficerTrustee | 2 | $0 |
Robert Ross Treasurer | OfficerTrustee | 5 | $0 |
Misty Williams Parliamentarian | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $90,131 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $44,560 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $134,691 |
Total Program Service Revenue | $662,508 |
Investment income | $10,049 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $807,673 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,000 |
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 | $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 | $0 |
Office expenses | $7,248 |
Information technology | $20,769 |
Royalties | $0 |
Occupancy | $0 |
Travel | $93,191 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $540,097 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $738,548 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $529,663 |
Savings and temporary cash investments | $317,913 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $847,576 |
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 | $0 |
Total liabilities | $0 |
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 | $847,576 |
Total liabilities and net assets/fund balances | $847,576 |