OPPORTUNITY NETWORKS INC
Mission Statement
At Opportunity Networks, we aim to support individuals with disabilities as well as work with members of the community to create partnerships that are beneficial for everyone. We hope to bring out the strengths and best qualities of each program participant so that they can be integrated within their community in a meaningful way. We pride ourselves in doing what is right in order to achieve participant success. Opportunity Networks is uniquely different in that we recognize the importance of understanding each program participant. We discover what participants are interested in so they can share that passion with others, establish new connections, and interact socially with those who share the same interests. Individuality in program creation is priority and our value rests on our relentless pursuit of what will provide our participants the most effective programming. We believe in order to provide the best programming, it is our job to be flexible and dynamic. One way we have started to expand on these principles is through the use of technological innovation. We use evidence-based research to consistently improve day to day programming for all participants.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.6% | 90.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.1% | 8.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.3% | 2.1% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
34.5% | 148.1% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.0 mo | 80.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.5% | 89.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
4.6% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-9.0% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.3% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.9M | $2.8M | $1.9M | 88.6% | 115 |
| 2023 | $2.8M | $3.0M | $1.7M | 86.5% | 115 |
| 2022 | $3.1M | $3.3M | $1.9M | 87.0% | 142 |
| 2021 | $4.1M | $3.5M | N/A | — | 146 |
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