Opportunity Center Inc is located in Ponca City, OK. The organization was established in 1971. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Center 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, Opportunity Center Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 2.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE OPPORTUNITY CENTER IS TO PROVIDE FACILITIES AND SERVICES THAT ARE SUSTAINABLE, INNOVATIVE, AND COMPASSIONATE FOR THE LIFE-LONG BENEFIT OF PEOPLE WITH DEVELOPMENTAL DISABILITIES IN KAY COUNTY, OKLAHOMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF GROUP HOMES AND OTHER INDEPENDENT LIVING SITUATIONS.
OPERATING OF VOCATIONAL TRAINING SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dereck Cassady President | Trustee | 5 | $0 |
Stephanie Blum Vice President | Trustee | 5 | $0 |
Traci Fluty Secretary | Trustee | 5 | $0 |
Johnny O'hare Treasurer | Trustee | 5 | $0 |
Julie Grigsba Executive Director | Officer | 40 | $71,064 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $507,969 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $125,687 |
Noncash contributions included in lines 1a–1f | $182,811 |
Total Revenue from Contributions, Gifts, Grants & Similar | $633,656 |
Total Program Service Revenue | $2,645,545 |
Investment income | $1,414 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $8,400 |
Net Gain/Loss on Asset Sales | $860 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,299,248 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,219,320 |
Pension plan accruals and contributions | $17,195 |
Other employee benefits | $145,521 |
Payroll taxes | $162,204 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $58,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $401,474 |
Travel | $48,807 |
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 | $51,064 |
Insurance | $43,187 |
All other expenses | $0 |
Total functional expenses | $3,347,176 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $199,640 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $224,224 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $65,841 |
Prepaid expenses and deferred charges | $14,288 |
Net Land, buildings, and equipment | $232,505 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $736,498 |
Accounts payable and accrued expenses | $141,468 |
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 | $141,468 |
Net assets without donor restrictions | $494,088 |
Net assets with donor restrictions | $100,942 |
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 | $736,498 |