OPPORTUNITY MARSHALL INC Kentucky Lake Economic Development
Nonprofit profile at a glance
- EIN
- 272563888
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Benton, KY, USA
- Phone
- 2704931958
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public, Societal Benefit
Reported finances
- Revenue
- $183,712
- Expenses
- $177,248
- Assets
- $189,646
- Liabilities
- $1,174
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- TRAVIS SPICELAND (Vice President)
- ELIZABETH MUDD (President)
People named in this filing
- KATHY FENNELL (Director)
- JR REYNOLDS (Chairman)
- TRAVIS SPICELAND (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Opportunity Marshall dba Kentucky Lake Economic Development is a public-private partnership focused on attracting and growing businesses, marketing industrial properties, supporting business retention and expansion, and promoting entrepreneurship, workforce development, and talent attraction
What it reported doing in 2024
To further economic development in western Kentucky
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 23
- Transparency & Controls: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 22.8%; rating input score 23
- Program expense ratio: 23.7%; rating input score 24
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.5%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 1.07; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 62.8%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 7.6% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 26.5% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 12.4% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 22.8% of revenue deployed · 23.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $42K in reported program spending
- Leadership: top reported pay $0 · 18 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 23/100.
- High — Financial Efficiency: Program expense ratio scored 24/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.