Opportunity Matters Network Inc
Nonprofit profile at a glance
- EIN
- 861750249
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Beverly, MA, USA
- Phone
- 6172314328
- Rating confidence
- Limited
Reported finances
- Revenue
- $0
- Expenses
- $270,073
- Assets
- $4,898
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JAMES SPENCER (PRESIDENT AND DIRECTOR)
People named in this filing
- ANTON CASTONEDA (VP AND SECRETARY)
- CHARLES GANTT (TREASURER)
- JAMES SPENCER (PRESIDENT AND DIRECTOR)
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
The mission of opportunity matters network is to highlight solutions to the problems the country faces today. The opportunity agenda strives to provide all americans with the opportunity for succes by focusing specifically on school choice and economic opportunity.
What it reported doing in 2024
Issue advocacy + communications program: this was our major program expenditure for the year and included all aspects of messaging the solutions and policy proposals within the opportunity agenda, specifically promoting issue-based advocacy around opportunity zones, highlighting financial literacy, and opportunities in education. This included digital ads, video production, social media management, optimizing opportunity matters network's web presence, op-eds, and our email list cultivation.
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
- Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 31
- Transparency & Controls: 73
- Sustainability: 11
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 83.3%; rating input score 83
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0.02; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 14.8%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -58.6% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -62.2% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 83.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $225K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 9/100.