Opportunity House Inc
- Assets
- $1.4m
- Revenue
- $298.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Hobbs, NM
- Founding
- 01/1997
- Data as of
- 12/2020
- EIN
- 85-0447011
Organization Overview
Opportunity House Inc is located in Hobbs, NM. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity House 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 12/2020, Opportunity House Inc generated $298.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $329.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 4 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A HOMELIKE ATMOSPHERE TO HELP CHANGE THE LIVES OF DRUG AND ALCOHOL RELIANT INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOUSING, MEALS, TRANSPORTATION, COUNSELING AND STRUCTURE FOR OVER EIGHTY RESIDENTS AT FOUR LOCATIONS DURING THE PAST YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Bruce Treasurer | Officer | 4 | $0 |
Carrie Shows President | Officer | 6 | $0 |
Walker Stradley Secretary | Officer | 2 | $0 |
Tommy Parker Director | Trustee | 1 | $0 |
Danny Mcconal Director | Trustee | 1 | $0 |
Phil Millender Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $69,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $197,837 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $266,837 |
| Total Program Service Revenue | $26,425 |
| Investment income | $5,493 |
| 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 | $298,755 |
| 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 | $176,000 |
| Pension plan accruals and contributions | $6,638 |
| Other employee benefits | $21,330 |
| Payroll taxes | $16,170 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,232 |
| 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 | $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 | $32,468 |
| Insurance | $13,600 |
| All other expenses | $13,960 |
| Total functional expenses | $329,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,948 |
| Savings and temporary cash investments | $896,943 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,270 |
| Net Land, buildings, and equipment | $497,695 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,399,856 |
| 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 | $1 |
| Total liabilities | $5,032 |
| Net assets without donor restrictions | $1,373,754 |
| Net assets with donor restrictions | $21,070 |
| 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 | $1,399,856 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Opportunity House Inc has recieved totaling $46,885.
| Awarding Organization | Amount |
|---|---|
United Way Of Lea County Inc Hobbs, NM PURPOSE: GENERAL SUPPORT | $46,885 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Azleway Inc Tyler, TX | $4,661,893 | $7,252,474 |
Men Of Nehemiah Inc Dallas, TX | $3,432,936 | $2,665,143 |
Sweeten Home For Children Inc Mullin, TX | $790,506 | $1,621,245 |
Hand Up Ministries Oklahoma City, OK | $4,248,554 | $1,238,343 |
Harmony Home Childrens Advocacy Center Inc Odessa, TX | $1,032,336 | $1,310,091 |
Child & Family Services Of Yuma Inc Yuma, AZ | $3,548,490 | $1,312,122 |
New Legacy Home For Women Lubbock, TX | $2,480,327 | $574,524 |
Opportunity House Inc Hobbs, NM | $1,399,856 | $298,755 |
Hoops House Sierra Vista, AZ | $5,662 | $255,528 |
Basin Dream Center For Orphans Midland, TX | $799,046 | $384,914 |
Graciously Broken Ministries Inc Longview, TX | $502,810 | $345,324 |
Seasons Of Hope Center Lufkin, TX | $336,896 | $0 |