Opportunity Alliance Nevada
- Assets
- $293.6k
- Revenue
- $307.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Reno, NV
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-3933977
Organization Overview
Opportunity Alliance Nevada is located in Reno, NV. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Opportunity Alliance Nevada 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 Alliance Nevada generated $307.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $204.9k during the year ending 12/2021. While expenses have increased by 30.7% 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
PARTNER TO PROVIDE TOOLS TO GROW FINANCIAL CAPABILITY IN NV
Describe the Organization's Program Activity:
Part 3 - Line 4a
(OANV) IS WORKING IN DIRECT PARTNERSHIP WITH HOME MEANS NEVADA TO SUPPORT NEVADANS FACING EVICTION. EVICTION MEDIATION NAVIGATORS WORK DIRECTLY WITH STAKEHOLDERS IN THE EVICTION PROCESS AS CONDUITS AND CONSOLIDATORS OF INFORMATION BETWEEN RENTAL ASSISTANCE PROGRAMMING (CHAPS), TENANTS, LANDLORDS, AND MEDIATORS.
STARTING IN MARCH 2020, OANV BEGAN A VOLUNTEER FINANCIAL NAVIGATOR PROGRAM TO ASSIST NEVADANS WITH FINANCIAL STABILITY AND RESOURCE ATTAINMENT DURING THE COVID-19 PANDEMIC. OANV PARTNERED WITH ALREADY ESTABLISHED COMMUNITY PARTNERS IN THE STATE TO DIRECT NEVADANS SEEKING ASSISTANCE TO THE RESOURCES THEY NEEDED.
BRIDGES OUT OF POVERTY TRAINING, AN NFREP INITIATIVE OF OPPORTUNITY ALLIANCE NEVADA, ADDRESSES ECONOMIC INSTABILITY BY EXAMINING THE BARRIERS AND RESOURCES INDIVIDUALS ENCOUNTER. WE DO THIS BY FACILITATING A NUMBER OF WORKSHOPS DESIGNED TO BRING BUSINESSES, EDUCATION, HEALTH AND HUMAN SERVICES, AND JUSTICE SYSTEMS TOGETHER TO ASK IF EVERYONE IN OUR COMMUNITY IS AFFORDED A FAIR SHOT: SAFE AND AFFORDABLE HOUSING, ACCESS TO HEALTH CARE AND EDUCATION, A WELL-PAYING JOB AND A MEANS TO ACHIEVE IT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cori Fischer Board Of Directors | Officer | 0 | $0 |
Sidney Sullivan Vice President | Officer | 3 | $0 |
Eric Hollen Treasurer | Officer | 4 | $0 |
Samantha Elliot Board Of Directors | Trustee | 3 | $0 |
Damon Hodge Board Of Directors | Trustee | 3 | $0 |
Debrorah Loesch-Griffin Board Of Directors | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,967 |
| Related organizations | $1,000 |
| Government grants | $282,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $289,967 |
| Total Program Service Revenue | $17,400 |
| Investment income | $0 |
| 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 | $307,367 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $87,686 |
| 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 | $83,963 |
| 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 | $5,736 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29 |
| Office expenses | $9,331 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $741 |
| Travel | $98 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $165 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,455 |
| All other expenses | $0 |
| Total functional expenses | $204,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $284,170 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,927 |
| 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 | $6,472 |
| Total assets | $293,569 |
| 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 | $13,232 |
| Total liabilities | $13,232 |
| 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 | $280,337 |
| Total liabilities and net assets/fund balances | $293,569 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Opportunity Alliance Nevada has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
Mentors Incline Village, NV PURPOSE: $100 X 100 FINANCIAL LITERACY SCHOLARSHIPS | $10,000 |
Umpqua Bank Charitable Foundation Portland, OR PURPOSE: VOLUNTEER FINANCIAL NAVIGATOR PROGRAM | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |