Opportunity Society Foundation

Nonprofit profile at a glance

EIN
202588808
IRS 990-EZ coverage
2010–2011
Forms available
Form 990-EZ 2011, Form 990-N 2009
Location
Wilmington, DE, USA
Phone
3027620300
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Official website

Reported finances

Revenue
$37,266
Expenses
$121,026
Assets
$63,930

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

8 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The oci foundation is a 501(c)(3) not-for-profit organization that was formed to help fund many of the under-funded or unfunded programs of the servicesource Delaware regional office. The mission of the oci foundation is to assist and support the Delaware regional office's efforts to develop new and innovative programs that enable individuals with disabilities to be independent, active and integral members of their communities.

What it reported doing in 2011

The oci foundation is a 501(c)(3) not-for-profit organization that was formed to help fund many of the under-funded or unfunded programs of the servicesource Delaware regional office, which is one of five not-for-profit 501(c)(3) organizations governed by a common member volunteer board of directors. The five regional offices remain separate legal entities but are commonly branded as "servicesource." the mission of the oci foundation is to assist and support the Delaware regional office's efforts to develop new and innovative programs that enable individuals with disabilities to be independent, active and integral members of their communities. In fy 2012, the oci foundation's fundraising priorities included supporting servicesource's employment solutions program, which ensures that adults with autism spectrum disorders in Delaware receive the specialized employment services and job supports they need to successfully obtain and maintain employment in the community.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 11
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -224.8%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 152% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -113.6% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -64.8% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $121K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2010 to 2011
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Growth: Asset growth scored 0/100.