Opportunity Place Inc
- Assets
- $743.0k
- Revenue
- $683.4k
- Investments
- $132.8k
- Employees
- 15
- Location
- Fort Walton Beach, FL
- Founding
- 07/2015
- Data as of
- 06/2022
- EIN
- 47-4430255
Organization Overview
Opportunity Place Inc is located in Fort Walton Beach, FL. The organization was established in 2015. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Opportunity Place Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Place 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 06/2022, Opportunity Place Inc generated $683.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $662.4k during the year ending 06/2022. While expenses have increased by 19.6% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP HOMELESS WOMEN AND FAMILIES ACHIEVE SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPING HOMELESS WOMEN AND FAMILIES ACHIEVE SELF SUFFICIENCY BY PROVIDING SHELTER AND SUPPORTIVE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fiona Devenney Executive Director | Officer | 40 | $38,192 |
Laurel Vermillion Vice Chair | OfficerTrustee | 1 | $0 |
Paul Domenech Board Chair | OfficerTrustee | 1 | $0 |
James Pitts Treasurer | OfficerTrustee | 1 | $0 |
Deborah Buchanan Secretary | OfficerTrustee | 1 | $0 |
Saundra Daggs Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $416,331 |
| All other contributions, gifts, grants, and similar amounts not included above | $249,865 |
| Noncash contributions included in lines 1a–1f | $30,799 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $666,196 |
| Total Program Service Revenue | $0 |
| Investment income | $2,372 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,853 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $683,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $30,799 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,411 |
| Compensation of current officers, directors, key employees. | $62,411 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,084 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,390 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,967 |
| Advertising and promotion | $0 |
| Office expenses | $13,740 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $9,947 |
| Insurance | $0 |
| All other expenses | $22,757 |
| Total functional expenses | $662,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,253 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,294 |
| 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 | $6,128 |
| Net Land, buildings, and equipment | $475,127 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $132,777 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,401 |
| Total assets | $742,980 |
| Accounts payable and accrued expenses | $5,031 |
| 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 | $5,031 |
| Net assets without donor restrictions | $736,631 |
| Net assets with donor restrictions | $1,318 |
| 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 | $742,980 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Opportunity Place Inc has recieved totaling $198,373.
| Awarding Organization | Amount |
|---|---|
Destin Charity Wine Auction Foundation Inc Miramar Beach, FL PURPOSE: CHARITY | $165,000 |
United Way Emerald Coast Inc Fort Walton Beach, FL PURPOSE: GENERAL SUPPORT | $22,315 |
Lee Foundation Inc Mary Esther, FL PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Lewis Street Family Foundation Middleton, DE PURPOSE: CHARITABLE CONTRIBUTIONS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miami Rescur Mission Broward Outreach Centers Inc Miami, FL | $28,818,894 | $17,146,687 |
Lords Place Inc West Palm Beach, FL | $31,681,290 | $13,733,660 |
St Matthews House Inc Naples, FL | $47,342,847 | $18,573,834 |
Broward Partnership For The Homeless Inc Fort Lauderdale, FL | $11,825,164 | $15,103,298 |
Sundari Foundation Inc Miami Beach, FL | $10,261,561 | $14,225,346 |
Waterfront Rescue Mission Inc Pensacola, FL | $22,275,311 | $19,399,994 |
Downtown Rescue Mission Inc Huntsville, AL | $14,737,773 | $10,441,439 |
24 7 Gateway Llc Atlanta, GA | $7,682,013 | $8,328,341 |
Hibiscus Childrens Center Inc Jensen Beach, FL | $5,361,339 | $8,228,127 |
Partners For Home Inc Atlanta, GA | $5,368,701 | $9,349,512 |
Orlando Union Rescue Mission Inc Orlando, FL | $18,067,054 | $7,873,484 |
Homeless Emergency Project Inc Clearwater, FL | $23,656,612 | $6,956,327 |