The Opportunity Pre School Co
The Opportunity Pre School Co consistently operates at a deficit with growing liabilities.
EIN: 112709067 · Hauppauge, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $3.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3,344,992. |
| Net Assets | $-964,213 |
| Transparency Score | 65/100 |
Is The Opportunity Pre School Co Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Opportunity Pre School Co directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Opportunity Pre School Co
The Opportunity Pre School Co (EIN: 112709067) is a nonprofit organization based in Hauppauge, NY. The organization reported total revenue of $3.3M and total assets of $956K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Opportunity Pre School Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Opportunity Pre School Co is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-698,765 |
| Total Assets | $873K |
| Total Liabilities | $1.8M |
| Net Assets | $-964,213 |
| Operating Margin | -23.1% |
| Debt-to-Asset Ratio | 210.4% |
| Months of Reserves | 2.8 months |
Financial Health Grade: D
In 2023, The Opportunity Pre School Co reported a deficit of $699K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 210.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Opportunity Pre School Co's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.3% | +11.0% | +61.5% |
| 2022 | -21.8% | -0.6% | +168.2% |
| 2021 | +19.8% | +6.5% | -69.4% |
| 2020 | +7.4% | +15.2% | +266.5% |
| 2019 | -14.1% | +9.5% | -70.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Opportunity Pre School Co with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Opportunity Pre School Co allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $699K, with expenses exceeding revenue.
- Debt-to-asset ratio: 210.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly favorable for an organization of its size with latest revenue of $3,344,992.
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.
Red Flags
The following concerns were identified during AI analysis of The Opportunity Pre School Co's IRS 990 filings:
- Consistent operational deficits (e.g., $698,765 in 202306)
- Liabilities significantly exceed assets ($1,837,696 liabilities vs. $873,483 assets in 202306)
- Negative net income for multiple consecutive years
- Growing liabilities trend over the past several years
Strengths
The following positive indicators were identified for The Opportunity Pre School Co:
- 0% officer compensation reported across all filings, indicating strong cost control at the executive level
- Consistent revenue generation above $2 million in recent years, demonstrating demand for services
- Long filing history (13 filings) suggests established operations
Frequently Asked Questions about The Opportunity Pre School Co
Is The Opportunity Pre School Co a legitimate charity?
Based on AI analysis of IRS 990 filings, The Opportunity Pre School Co (EIN: 112709067) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does The Opportunity Pre School Co spend its money?
The Opportunity Pre School Co directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Opportunity Pre School Co tax-deductible?
The Opportunity Pre School Co is registered as a tax-exempt nonprofit (EIN: 112709067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Opportunity Pre School Co CEO make?
The Opportunity Pre School Co's highest-compensated officer earns $3,344,992. annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Opportunity Pre School Co's spending goes to programs?
The Opportunity Pre School Co directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Opportunity Pre School Co located?
The Opportunity Pre School Co is headquartered in Hauppauge, New York and files with the IRS under EIN 112709067.
How many years of IRS 990 filings does The Opportunity Pre School Co have?
The Opportunity Pre School Co has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.3M in total revenue.
Is The Opportunity Pre School Co financially sustainable given its consistent operational deficits?
The organization has consistently reported expenses exceeding revenue for several years, leading to operational deficits. For example, in 202306, expenses were $3,726,955 while revenue was $3,028,190. This trend, coupled with growing liabilities, raises concerns about its long-term financial sustainability without significant changes to its funding or expenditure model.
How does the organization cover its operational shortfalls?
With consistent operational deficits, such as the $698,765 deficit in 202306, the organization likely covers these shortfalls through drawing down assets, increasing liabilities (which have grown significantly to $1,837,696 in 202306), or potentially through non-operating income not detailed in the provided summary.
What is the reason for the substantial increase in liabilities?
Liabilities have increased significantly from $563,153 in 201906 to $1,837,696 in 202306. This substantial increase, especially when assets are lower than liabilities, suggests the organization may be taking on debt to finance operations or capital expenditures, or has deferred payments.
Is the 0% officer compensation sustainable for leadership?
While 0% officer compensation is positive for directing funds to programs, it raises questions about the long-term sustainability of attracting and retaining qualified leadership, especially for an organization with over $3 million in annual revenue.
Filing History
IRS 990 filing history for The Opportunity Pre School Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Opportunity Pre School Co's revenue has grown by 22.1%, moving from $2.5M to $3.0M. Total assets increased by 18.3% over the same period, from $738K to $873K. Total functional expenses rose by 60.6%, from $2.3M to $3.7M. In its most recent filing year (2023), The Opportunity Pre School Co reported a deficit of $699K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $873K in assets (debt-to-asset ratio: 210.4%), resulting in net assets of $-964,213.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.7M | $873K | $1.8M | — | — |
| 2022 | $2.3M | $3.4M | $541K | $1.8M | — | View 990 |
| 2021 | $2.9M | $3.4M | $202K | $1.2M | — | View 990 |
| 2020 | $2.4M | $3.2M | $659K | $1.5M | — | View 990 |
| 2019 | $2.3M | $2.8M | $180K | $563K | — | View 990 |
| 2018 | $2.7M | $2.5M | $602K | $508K | — | View 990 |
| 2017 | $2.0M | $2.0M | $289K | $456K | — | View 990 |
| 2016 | $1.8M | $1.8M | $370K | $496K | — | View 990 |
| 2015 | $1.7M | $1.6M | $367K | $517K | — | View 990 |
| 2014 | $1.3M | $1.5M | $172K | $510K | — | View 990 |
| 2013 | $2.0M | $2.0M | $674K | $833K | — | View 990 |
| 2012 | $1.8M | $2.2M | $223K | $1.6M | — | View 990 |
| 2011 | $2.5M | $2.3M | $738K | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.7M, and assets of $873K (revenue +32.3% year-over-year).
- 2022: Revenue of $2.3M, expenses of $3.4M, and assets of $541K (revenue -21.8% year-over-year).
- 2021: Revenue of $2.9M, expenses of $3.4M, and assets of $202K (revenue +19.8% year-over-year).
- 2020: Revenue of $2.4M, expenses of $3.2M, and assets of $659K (revenue +7.4% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.8M, and assets of $180K (revenue -14.1% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.5M, and assets of $602K (revenue +35.2% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.0M, and assets of $289K (revenue +11.8% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.8M, and assets of $370K (revenue +4.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.6M, and assets of $367K (revenue +30.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.5M, and assets of $172K (revenue -35.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $674K (revenue +7.8% year-over-year).
- 2012: Revenue of $1.8M, expenses of $2.2M, and assets of $223K (revenue -25.9% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.3M, and assets of $738K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Opportunity Pre School Co:
Data Sources and Methodology
This transparency report for The Opportunity Pre School Co 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.