Opportunity Center Inc
Opportunity Center Inc: Consistent Growth, Strong Program Spending
EIN: 221847524 · Fair Lawn, NJ · Updated: 2026-04-04
Is Opportunity Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Opportunity Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Opportunity Center Inc
Opportunity Center Inc (EIN: 221847524) is a nonprofit organization based in Fair Lawn, NJ. The organization reported total revenue of $799K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opportunity Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Opportunity Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Opportunity Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very lean administrative structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Opportunity Center Inc:
- Consistent growth in assets and revenue over the past eight years.
- Strong program spending, with expenses consistently exceeding 85% of total expenses.
- Low administrative and fundraising costs, indicating efficient operations.
- Zero reported executive compensation, which can be appealing to donors seeking maximum impact.
Frequently Asked Questions about Opportunity Center Inc
Is Opportunity Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Opportunity Center Inc (EIN: 221847524) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Opportunity Center Inc spend its money?
Opportunity Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Opportunity Center Inc tax-deductible?
Opportunity Center Inc is registered as a tax-exempt nonprofit (EIN: 221847524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Opportunity Center Inc do?
Opportunity Center Inc is a nonprofit organization in the Unknown sector, located in Fair Lawn, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Opportunity Center Inc have?
Opportunity Center Inc reported total revenue of $799,454. Based on 13 IRS 990 filings on record.
What are Opportunity Center Inc's total assets?
Opportunity Center Inc holds total assets of $1,645,549 as reported in IRS 990 filings.
Where is Opportunity Center Inc located?
Opportunity Center Inc is based in Fair Lawn, New Jersey.
What is Opportunity Center Inc's EIN?
Opportunity Center Inc's Employer Identification Number (EIN) is 221847524. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Opportunity Center Inc?
Opportunity Center Inc is classified under NTEE code Unknown (Unknown).
Is Opportunity Center Inc a registered 501(c)(3)?
Opportunity Center Inc appears in IRS records (EIN: 221847524). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Opportunity Center Inc file IRS Form 990?
Yes, Opportunity Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Opportunity Center Inc's revenue in 2023?
In the 202312 filing period, Opportunity Center Inc reported total revenue of $656,535, total expenses of $617,934, and net assets of $1,480,173.
Is Opportunity Center Inc's revenue growing or declining?
Opportunity Center Inc's revenue is relatively stable. Revenue went from $651,914 (202212) to $656,535 (202312), a +0.7% change. Based on 13 filings on record.
What is Opportunity Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Opportunity Center Inc covers tax period 202312. It shows revenue of $656,535, expenses of $617,934, total assets of $1,480,173, and liabilities of $8,195.
How much does Opportunity Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Opportunity Center Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Opportunity Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Opportunity Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Opportunity Center Inc's strengths?
Positive indicators for Opportunity Center Inc include: Consistent growth in assets and revenue over the past eight years.. Strong program spending, with expenses consistently exceeding 85% of total expenses.. Low administrative and fundraising costs, indicating efficient operations.. Zero reported executive compensation, which can be appealing to donors seeking maximum impact.. These findings are derived from AI analysis of the organization's financial filings.
How does Opportunity Center Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very lean administrative structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Opportunity Center Inc sustain its operations and growth with $0 reported executive compensation?
The consistent reporting of $0 for executive compensation suggests that the organization may rely heavily on volunteer leadership, pro-bono services, or that key leadership roles are compensated through other means not categorized as 'officer, director, trustee, or key employee compensation' on the 990, or that the organization's structure allows for very low overhead in this area, potentially through a small, dedicated staff compensated at lower levels not meeting key employee thresholds.
What specific programs or services account for the majority of the organization's program expenses?
While the provided data indicates high program spending (e.g., $617,934 out of $656,535 total expenses in 2023), the specific nature of these programs is not detailed in the given financial summary. Further investigation into their mission statement and program descriptions would be necessary to understand the core activities driving these expenses.
Filing History
IRS 990 filing history for Opportunity Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Opportunity Center Inc's revenue has grown by 107.3%, moving from $317K to $657K. Total assets increased by 217.2% over the same period, from $467K to $1.5M. Total functional expenses rose by 67.6%, from $369K to $618K. In its most recent filing year (2023), Opportunity Center Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $8K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $657K | $618K | $1.5M | $8K | — | — |
| 2022 | $652K | $552K | $1.3M | $7K | — | — |
| 2021 | $537K | $470K | $1.4M | $15K | — | View 990 |
| 2020 | $448K | $451K | $1.3M | $70K | — | View 990 |
| 2019 | $611K | $462K | $1.2M | $5K | — | View 990 |
| 2018 | $603K | $452K | $1.0M | $2K | — | View 990 |
| 2017 | $466K | $447K | $892K | $2K | — | View 990 |
| 2016 | $437K | $400K | $864K | $2K | — | View 990 |
| 2015 | $409K | $398K | $831K | $2K | — | View 990 |
| 2014 | $473K | $391K | $830K | $9K | — | View 990 |
| 2013 | $336K | $339K | $753K | $9K | — | View 990 |
| 2012 | $354K | $309K | $509K | $4K | — | View 990 |
| 2011 | $317K | $369K | $467K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $657K, expenses of $618K, and assets of $1.5M (revenue +0.7% year-over-year).
- 2022: Revenue of $652K, expenses of $552K, and assets of $1.3M (revenue +21.5% year-over-year).
- 2021: Revenue of $537K, expenses of $470K, and assets of $1.4M (revenue +19.9% year-over-year).
- 2020: Revenue of $448K, expenses of $451K, and assets of $1.3M (revenue -26.7% year-over-year).
- 2019: Revenue of $611K, expenses of $462K, and assets of $1.2M (revenue +1.2% year-over-year).
- 2018: Revenue of $603K, expenses of $452K, and assets of $1.0M (revenue +29.5% year-over-year).
- 2017: Revenue of $466K, expenses of $447K, and assets of $892K (revenue +6.7% year-over-year).
- 2016: Revenue of $437K, expenses of $400K, and assets of $864K (revenue +6.8% year-over-year).
- 2015: Revenue of $409K, expenses of $398K, and assets of $831K (revenue -13.5% year-over-year).
- 2014: Revenue of $473K, expenses of $391K, and assets of $830K (revenue +40.9% year-over-year).
- 2013: Revenue of $336K, expenses of $339K, and assets of $753K (revenue -5.2% year-over-year).
- 2012: Revenue of $354K, expenses of $309K, and assets of $509K (revenue +11.8% year-over-year).
- 2011: Revenue of $317K, expenses of $369K, and assets of $467K.
Data Sources and Methodology
This transparency report for Opportunity Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.