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CHARITY REVIEW
Issued: November 2024 Expires: November 2027

Opportunities, Inc.

Accredited Charity
Accredited Charity

Meets Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Opportunities, Inc. meets the 20 Standards for Charity Accountability.

Assessment performed by Greg Thompson, PhD CAP CFLE | Charity Review Director

Stated Purpose:

Year, State Incorporated:
,

Also Known As:
Texarkana Special Education Center

For the year ended June 30, 2024, Opportunities, Inc.'s program expenses were:

Arkansas children developmental disabilities $2,192,402
Waiver $930,421
Arkansas adult development services $799,194
Housing services $609,846
Other Program Supplies $174,800
Texas early childhood intervention $131,635
Business enterprise $87,521
Elderly services $21,253
Total Program Expenses $4,947,072

Chair of the Board
Mrs. Megan Schroeder, Licensed Attorney

Chair's Profession / Business Affiliation

Board Size
15

Paid Staff Size
171

Method(s) Used:
Invitations to fund raising events, Internet, Membership appeals, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 20.98%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Opportunities, Inc.'s audited financial statements for the year ended June 30, 2024.

Source of Funds
Medicaid revenues $3,504,431
Resident rent $671,394
Public support $538,367
Awards and grants (Unrestricted) $286,632
Awards and grants (Donor restricted) $177,460
Change in beneficial interest in trust (Donor restricted) $80,266
Contracted services $61,007
Other $33,910
Interest income $14,406
Total Income $5,367,873

Programs: 85% Fundraising: 2% Administrative: 13%

Total Income $5,367,873
Total expenses: $5,807,539
  Program expenses $4,947,072
  Fundraising expenses $112,939
  Administrative expenses $747,528
  Other expenses $0
Income in Excess of Expenses $-439,666
Beginning Net Assets $11,858,847
Other Changes In Net Assets $0
Ending Net Assets $11,419,181
Total Liabilities $517,270
Total Assets $11,936,451

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Serving Northeast and Central Louisiana and the Ark-La-Tex