The New York Opportunity Network Inc

Organization Overview

The New York Opportunity Network Inc is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 08/2023, New York Opportunity Network Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Opportunity Network Inc 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 08/2023, New York Opportunity Network Inc generated $10.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $12.0m during the year ending 08/2023. While expenses have increased by 16.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE OPPORTUNITY NETWORK IGNITES THE DRIVE, CURIOSITY, AND AGENCY OF UNDERREPRESENTED STUDENTS ON THEIR PATHS TO AND THROUGH COLLEGE AND INTO THRIVING CAREERS, POWERED BY OUR COMMITMENT TO ACCESS AND COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE OPPORTUNITY NETWORK (OPPNET) WORKS TO CLOSE THE OPPORTUNITY GAP FOR STUDENTS FROM HISTORICALLY AND SYSTEMATICALLY UNDERREPRESENTED COMMUNITIES. OPPNET'S CAREER FLUENCY CURRICULUM IS THE FOUNDATION OF OUR WORK AND CONSISTS OF SEVEN PILLARS DESIGNED TO LEAD YOUNG PEOPLE TO HOLISTIC COLLEGE AND CAREER SUCCESS: 1) COLLEGE ACCESS, TRANSITION, AND SUCCESS; 2) CAREER AWARENESS AND EXPOSURE; 3) PROFESSIONAL AND WORKPLACE SKILLS; 4) NETWORKS AND SOCIAL CAPITAL; 5) SOCIAL EMOTIONAL LEARNING; 6) IDENTITY AND CRITICAL CONSCIOUSNESS; AND 7) WELLNESS AND SELF-CARE.OPPNET'S STRATEGY BRIDGES COLLEGE AND CAREER SUPPORTS ACROSS THREE DISTINCT PROGRAMS:1) OUR FOUNDING OPPNET FELLOWS PROGRAM WORKS DIRECTLY WITH NEW YORK CITY PUBLIC SCHOOL STUDENTS FROM 10TH GRADE THROUGH TO THEIR COLLEGE GRADUATION-ENGAGING STUDENTS IN INTENSIVE PROGRAMMING, INCLUDING INDIVIDUALIZED COLLEGE COUNSELING, CAREER EXPOSURE, PROFESSIONAL SKILL-BUILDING, INDIVIDUALIZED SUPPORT THROUGH THE COLLEGE YEARS, AND FIVE SUMMERS OF PAID INTERNSHIPS OR MEANINGFUL ENRICHMENT PROGRAMMING. ON AVERAGE, 94% OF OPPNET FELLOWS GRADUATE COLLEGE WITHIN SIX YEARS, AND 89% SECURE CAREER-INTEREST ALIGNED EMPLOYMENT OR GRADUATE SCHOOL ADMISSION WITHIN SIX MONTHS OF COLLEGE GRADUATION. DURING OUR 2022-23 FISCAL YEAR, OPPNET PROUDLY SERVED ~1,100 STUDENTS THROUGH THIS PROGRAM.2) OPPNET'S CAPACITY-BUILDING CAREER FLUENCY PARTNERSHIPS PROGRAM, LAUNCHED IN 2011, HELPS SCHOOLS AND YOUTH-SERVING ORGANIZATIONS INTEGRATE OUR COLLEGE AND CAREER READINESS CONTENT INTO THEIR PROGRAM MODELS AND HELP THEM ACHIEVE IMPROVED OUTCOMES FOR THEIR YOUNG PEOPLE. THROUGH THESE ONE- TO TWO-YEAR CAPACITY-BUILDING ENGAGEMENTS, OPPNET WORKS WITH EACH PARTNER TO IDENTIFY THEIR UNIQUE NEEDS AND DESIRED STUDENT OUTCOMES, CO-DESIGNS A STRATEGY TO REACH THEIR GOALS, AND TRAINS PARTNER STAFF TO SUPPORT THEIR STUDENTS TO BUILD ESSENTIAL COMPETENCIES THAT DRIVE ACADEMIC, PERSONAL, AND PROFESSIONAL OUTCOMES. IN OUR 2022-23 FISCAL YEAR, OPPNET WORKED WITH 75 PARTNER INSTITUTIONS TO IMPACT OVER 251,501 STUDENTS ACROSS 26 CITIES AND 10 STATES.3) OUR OPPORTUNITY IGNITED PROGRAM, LAUNCHED IN 2020, PROVIDES ADVISORY SERVICES TO COMPANIES SEEKING TO EMBED VALUES OF DIVERSITY, EQUITY, AND INCLUSION IN THEIR BUSINESSES. IN OUR 2022-23 FISCAL YEAR, OPPNET WORKED WITH 15 COMPANIES, OFFERING INCLUSIVE CULTURE MAPPING, CUSTOMIZED WORKSHOPS, ADVISORY SERVICES, ACCESS TO LIVE AND ON-DEMAND DIVERSITY, EQUITY, AND INCLUSION TRAININGS, AND MUCH MORE.


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Board, Officers & Key Employees

Name (title)Compensation
Raquel Vargas Palmer
Chairman
$0
Sean Cohan
Treasurer
$0
Joy Booker
Secretary
$0
Bruce Campbell
Director
$0
Jason Wright
Director
$0
Michael Rees
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,758,249
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,232,464
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,990,713
Total Program Service Revenue$824,849
Investment income $43,142
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 $10,866,205

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Saga Innovations
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$28,786,307
Unbounded Learning Inc
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$34,479,615
Leadership For Educational Equity
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$15,553,361
Education Resource Strategies Inc
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$17,929,911
Entrepreneurial Ventures In Education
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$11,949,451
Collier Services
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$17,139,095
America Achieves Inc
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$10,611,210
The Baruch College Fund
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$67,294,185
Workforce Outsource Services Inc
Uniondale, NY
$13,533,563
Hyde Leadership Charter School-Brooklyn
Brooklyn, NY
$12,455,097
Zeta Charter Schools Inc
Bronx, NY
$14,078,395
Older Adults Technology Services Inc
New York, NY
$13,257,588
North Star Academy Foundation Inc
New York, NY
$10,832,844
The New York Opportunity Network Inc
New York, NY
$10,866,205
Teach Plus Incorporated
Boston, MA
$12,042,496
Ecumenical Community
Hershey, PA
$11,556,819
Goodwin University Educational Services Inc
East Hartford, CT
$11,386,380
Cambridge Assessment Inc
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$4,475,469
Icivics Inc
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$9,812,794

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