Opportunities Inc
- Assets
- $11.5m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 61
- Location
- Lanham, MD
- Founding
- 09/1968
- Data as of
- 06/2022
- EIN
- 52-0857131
Organization Overview
Opportunities Inc, operating under the name Opportunities, is located in Lanham, MD. The organization was established in 1968. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 06/2022, Opportunities employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunities 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, Opportunities generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. 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 PROVIDE TRAINING FOR COMPETITIVE EMPLOYMENT TO PERSONS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES TRAINING AND EMPLOYMENT TO APPROXIMATELY 180 PERSONS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. INDIVIDUALS RECEIVE COUNSELING, PARTICIPATE IN PERSONAL DEVELOPMENT PROGRAMS AND ENGAGE IN VOCATIONAL TRAINING AND EMPLOYMENT OPPORTUNITIES.
THE ORGANIZATION ASSISTS APPROXIMATELY 35 PERSONS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES IN FINDING AND MAINTAINING EMPLOYMENT IN THE COMMUNITY WORK FORCE.
THE ORGANIZATION ASSISTS APPROXIMATELY 4 PERSONS WITH INNTELLECTUAL AND DEVEOLPMENTAL DISABILITIES IN COMMUNITY SETTINGS, PROVIDING TRAINING AND SUPPORTS THAT BUILD ON AN INDIVIDUAL'S SSTRENGTHS TO INCREASE INDIVIDUAL INDEPENDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Baynard Executive Director | Officer | 40 | $109,313 |
Tucker Stone President | OfficerTrustee | 2 | $0 |
Dylan Lewis Treasurer | OfficerTrustee | 2 | $0 |
Elizabeth Nardin Vice President | OfficerTrustee | 2 | $0 |
Joyce Wong Secretary | OfficerTrustee | 2 | $0 |
Tom Purcell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $395,298 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,877 |
| Noncash contributions included in lines 1a–1f | $20,520 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $464,175 |
| Total Program Service Revenue | $3,022,400 |
| Investment income | $160,275 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $155,266 |
| Net Gain/Loss on Asset Sales | $1,694,494 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,505,217 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $121,965 |
| Compensation of current officers, directors, key employees. | $14,941 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,669,201 |
| Pension plan accruals and contributions | $62,567 |
| Other employee benefits | $164,125 |
| Payroll taxes | $159,018 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,383 |
| Fees for services: Accounting | $33,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $53,146 |
| Fees for services: Investment Management | $38,828 |
| Fees for services: Other | $21,534 |
| Advertising and promotion | $0 |
| Office expenses | $16,083 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,895 |
| Travel | $117,548 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,711 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $215,891 |
| Insurance | $98,796 |
| All other expenses | $49,699 |
| Total functional expenses | $3,131,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $527,828 |
| Savings and temporary cash investments | $5,466,661 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,282 |
| 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 | $34,887 |
| Net Land, buildings, and equipment | $1,782,032 |
| Investments—publicly traded securities | $3,560,429 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,122 |
| Total assets | $11,459,241 |
| Accounts payable and accrued expenses | $203,721 |
| Grants payable | $0 |
| Deferred revenue | $16,179 |
| 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 | $226,956 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,250 |
| Total liabilities | $460,106 |
| Net assets without donor restrictions | $10,999,135 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $11,459,241 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Opportunities Inc has recieved totaling $40,155.
| Awarding Organization | Amount |
|---|---|
William S Abell Foundation Inc Chevy Chase, MD PURPOSE: INTELLECTUAL DISABILTIIES GRANT | $20,000 |
Resource Connections Incorporated Lanham, MD PURPOSE: DIRECT SUPPORT WAGE SUPPLEMENT | $18,655 |
Optima Charitable Foundation New York, NY PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $1,000 |
Holmes Charitable Foundation New York, NY PURPOSE: SUPPORTING THE INCLUSION OF ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES IN THEIR COMMUNITIES. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cambria County Association For The Blind & Handicapped Inc Johnstown, PA | $104,936,762 | $37,191,994 |
Lark Enterprises Inc New Castle, PA | $2,089,154 | $5,664,485 |
Jackson County Developmental Center Inc Millwood, WV | $3,126,310 | $5,044,000 |
Sw Resources Inc Parkersburg, WV | $3,802,865 | $5,085,647 |
Progressive Workshop Of Armstrong County Inc Kittanning, PA | $2,621,793 | $3,302,495 |
Opportunities Inc Lanham, MD | $11,459,241 | $5,505,217 |
Ephrata Area Rehab Services Ephrata, PA | $2,532,021 | $3,608,088 |
Lower Shore Enterprises Inc Salisbury, MD | $5,073,629 | $3,713,513 |
Shen-Paco Industries Inc Quicksburg, VA | $2,025,312 | $2,326,690 |
Vector Industries Inc Waynesboro, VA | $1,292,662 | $2,566,054 |
Hancock County Sheltered Workshop Inc Weirton, WV | $5,251,796 | $2,542,705 |
Vallonia Industries Meadville, PA | $2,726,750 | $2,117,489 |