Guthrie Opportunity Center Foundation Inc

Organization Overview

Guthrie Opportunity Center Foundation Inc is located in Bardstown, KY. The organization was established in 2013. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. As of 12/2022, Guthrie Opportunity Center Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guthrie Opportunity Center Foundation 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 12/2022, Guthrie Opportunity Center Foundation Inc generated $637.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $554.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY MISSION IS TO SUPPORT INTELLECTUALLY DISABLED PEOPLE IN THE COMMUNITY THROUGH VOCATIONAL TRAINING AND WORK OPPORTUNITIES. OUR GOAL IS TO DEVELOP AND ESTABLISH NEW VOCATIONAL OPPORTUNITIES FOR EXISTING CLIENTELE AND TO INCREASE THE NUMBER OF INTELLECTUALLY DISABLED INDIVIDUALS THAT CAN BE SERVED BY THE PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY MISSION IS TO FINANCIALLY ASSIST LOCAL PROGRAMS THAT SUPPORT INTELLECTUALLY DISABLED ADULTS IN THE COMMUNITY. FINANCIAL ASSISTANCE IS AIMED AT PROVIDING NEW AND ADDITIONAL OPPORTUNITIES TO EXISTING CLIENTELE AS WELL AS INCREASING THE NUMBER OF INDIVIDUALS THAT CAN BE SERVED BY THE PROGRAMS. BOARD MEMBER EXPERTISE IS USED TO PROMOTE GOOD BUSINESS DECISIONS THAT CAN IMPROVE THE ALREADY EXISTING LOCAL PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Sarah Hite Ballard
Director
$0
Renea Bartoszek
Director
$0
John Haydon
Treasurer
$0
Norma Haydon
Director
$0
Richard Heaton
Chairman
$0
Juli Hibbs
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $100,000
All other contributions, gifts, grants, and similar amounts not included above$318,898
Noncash contributions included in lines 1a–1f $70,716
Total Revenue from Contributions, Gifts, Grants & Similar$418,898
Total Program Service Revenue$85,333
Investment income $5,142
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,168
Net Income from Fundraising Events $49,054
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $637,352

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