OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC (EIN 23-7109952)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-15
IRS object ID
202541359349311054
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T13:55:49-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN382029668PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GJC CPA'S & ADVISORSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11001 WOODWARD AVENUE SUITE 850AddressLine1Txt
CityDETROITCityNm
State AbbreviationMIStateAbbreviationCd
ZIP482261904ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237109952EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OPPORTUNITIES INDUSTRIALIZATION CENTERSBusinessNameLine1Txt
Business Name Line2OF AMERICA INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlOPPOBusinessNameControlTxt
Phone2152364500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1520 WALNUT STREET 1170AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191063602ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVICTOR FIELDSPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone2152364500PhoneNum
Signature2025-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL R NICHOLASPreparerPersonNm
PTINP00966144PTIN
Phone3139652655PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerLOUIS J KING IIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1520 WALNUT STREET 1170AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191063602ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,551,240GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.OICOFAMERICA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1971FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTO PROVIDE EDUCATION, TRAINING, AND EMPLOYMENT SERVICES IN PHILADELPHIA, PENNSYLVANIA, AND TO PROVIDE TECHNICAL ASSISTANCE TO AFFILIATED ORGANIZATIONS NATIONWIDE, THAT WILL ENABLE ECONOMICALLY DISADVANTAGED AND UNEMPLOYED PEOPLE OF ALL RACES AND BACKGROUNDS TO BECOME PRODUCTIVE AND MORE FULFILLED MEMBERS OF AMERICAN SOCIETYActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee52TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$13,438,886PYContributionsGrantsAmt
CY Contributions Grants$9,120,260CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$8,119,259CYProgramServiceRevenueAmt
PY Investment Income$103,764PYInvestmentIncomeAmt
CY Investment Income$297,357CYInvestmentIncomeAmt
PY Other Revenue$44,772PYOtherRevenueAmt
CY Other Revenue$14,364CYOtherRevenueAmt
PY Total Revenue$13,587,422PYTotalRevenueAmt
CY Total Revenue$17,551,240CYTotalRevenueAmt
PY Grants And Similar Paid$3,695,171PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,934,932CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,424,089PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,318,277CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$39,561CYTotalFundraisingExpenseAmt
PY Other Expenses$2,202,373PYOtherExpensesAmt
CY Other Expenses$3,242,741CYOtherExpensesAmt
PY Total Expenses$9,321,633PYTotalExpensesAmt
CY Total Expenses$12,495,950CYTotalExpensesAmt
PY Revenues Less Expenses$4,265,789PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,055,290CYRevenuesLessExpensesAmt
Total Assets BOY$7,925,111TotalAssetsBOYAmt
Total Assets EOY$13,846,567TotalAssetsEOYAmt
Total Liabilities BOY$3,239,390TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,104,896TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,685,721NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,741,671NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE EDUCATION, TRAINING, AND EMPLOYMENT SERVICES IN PHILADELPHIA, PENNSYLVANIA, AND TO PROVIDE TECHNICAL ASSISTANCE TO AFFILIATED ORGANIZATIONS NATIONWIDE, THAT WILL ENABLE ECONOMICALLY DISADVANTAGED AND UNEMPLOYED PEOPLE OF ALL RACES AND BACKGROUNDS TO BECOME PRODUCTIVE AND MORE FULFILLED MEMBERS OF AMERICAN SOCIETYMissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$11,369,013ExpenseAmt
Grant$4,934,932GrantAmt
Revenue$8,133,623RevenueAmt
DescTRAINING AND TECHNICAL ASSISTANCE - PROVIDES EDUCATION, TRAINING, AND EMPLOYMENT SERVICES THROUGH A NATIONAL NETWORK OF LOCAL AFFILIATED ORGANZIATIONS THAT WILL ENABLE ECONOMICALLY DISADVANTAGED AND UNEMPLOYED PEOPLE OF ALL RACES AND BACKGROUNDS TO BECOME PRODUCTIVE AND MORE FULFILLED MEMBERS OF AMERICAN SOCIETYDesc
Total Program Service Expenses$11,369,013TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document52IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee52EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VICTOR FIELDSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2152364500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1520 WALNUT STREET SUITE 1170AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191063602ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAMES TALTON
CHAIR1.00Yes (X)Yes (X)$0$0$0
JACINDA ADAMS
DIRECTOR1.00Yes (X)$0$0$0
NICHOLE BARNES-MARSHALL
DIRECTOR1.00Yes (X)$0$0$0
REUBEN BLACKWELL
DIRECTOR1.00Yes (X)$0$0$0
JOYCE CHESTER
DIRECTOR1.00Yes (X)$0$0$0
GREG CUNNINGHAM
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM DIGGS
DIRECTOR1.00Yes (X)$0$0$0
ALLISON GREEN-JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
RONALD HARPER
DIRECTOR1.00Yes (X)$0$0$0
JOHN HOWE
DIRECTOR1.00Yes (X)$0$0$0
DIMITRIUS HUTCHERSON
DIRECTOR1.00Yes (X)$0$0$0
PIERCE KEATING
DIRECTOR1.00Yes (X)$0$0$0
JOE MCFERRIN II
DIRECTOR1.00Yes (X)$0$0$0
DELORES SHELTON
DIRECTOR1.00Yes (X)$0$0$0
PAUL SWEEN
DIRECTOR1.00Yes (X)$0$0$0
DR HERMAN WALKER
DIRECTOR1.00Yes (X)$0$0$0
REV ALYN WALLER
DIRECTOR1.00Yes (X)$0$0$0
LINDA WHITE
DIRECTOR1.00Yes (X)$0$0$0
KEITH WYCHE
DIRECTOR1.00Yes (X)$0$0$0
LOUIS J KING II
PRESIDENT AND C.E.O.37.50Yes (X)$329,284$0$54,517
STEVEN THOMAS
CHIEF OF STAFF37.50$182,596$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$511,880TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$54,517TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonBENJAMIN LATTIMOREPersonNm

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11428 BARTON DRIVEAddressLine1Txt
CityFORT WASHINGTIONCityNm
State AbbreviationPAStateAbbreviationCd
ZIP190342821ZIPCd
FieldValueIRS element (for citing)
ServicesCADI PROGRAM DIRECTORServicesDesc
Compensation$194,892CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$42,500MembershipDuesAmt
All Other Contributions$9,077,760AllOtherContributionsAmt
Total Contributions$9,120,260TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescGOVERNMENT CONTRACTSDesc
Business900099BusinessCd
Total Revenue Column$8,119,259TotalRevenueColumnAmt
Related Or Exempt Func Income$8,119,259RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$8,119,259TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$297,357TotalRevenueColumnAmt
Exclusion$297,357ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,364TotalRevenueColumnAmt
Related Or Exempt Func Income$14,364RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$14,364OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,551,240TotalRevenueColumnAmt
Related Or Exempt Func Income$8,133,623RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$297,357ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$4,934,932TotalAmt
Program Services$4,934,932ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$568,801TotalAmt
Program Services$435,336ProgramServicesAmt
Management And General$133,465ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,918,362TotalAmt
Program Services$2,233,588ProgramServicesAmt
Management And General$684,774ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$148,011TotalAmt
Program Services$125,040ProgramServicesAmt
Management And General$22,971ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$376,204TotalAmt
Program Services$317,817ProgramServicesAmt
Management And General$58,387ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$306,899TotalAmt
Program Services$259,268ProgramServicesAmt
Management And General$47,631ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$14,407TotalAmt
Program Services$13,963ProgramServicesAmt
Management And General$444ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,456,593TotalAmt
Program Services$1,408,380ProgramServicesAmt
Management And General$8,652ManagementAndGeneralAmt
Fundraising$39,561FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$227,657TotalAmt
Program Services$227,657ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$216,719TotalAmt
Program Services$210,309ProgramServicesAmt
Management And General$6,410ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$144,711TotalAmt
Program Services$141,231ProgramServicesAmt
Management And General$3,480ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$569,999TotalAmt
Program Services$507,408ProgramServicesAmt
Management And General$62,591ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$559,220TotalAmt
Program Services$506,284ProgramServicesAmt
Management And General$52,936ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$40,798TotalAmt
Program Services$37,364ProgramServicesAmt
Management And General$3,434ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescEQUIPMENT RENTALDesc
Total$12,637TotalAmt
Program Services$10,436ProgramServicesAmt
Management And General$2,201ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$12,495,950TotalAmt
Program Services$11,369,013ProgramServicesAmt
Management And General$1,087,376ManagementAndGeneralAmt
Fundraising$39,561FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$219,511BOYAmt
EOY$1,241,079EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,184,401BOYAmt
EOY$685,301EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,477,760BOYAmt
EOY$5,369,094EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,890BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,513BOYAmt
EOY$49,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$298,463LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$293,653LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$4,810EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,068,340BOYAmt
EOY$4,222,620EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,965,696BOYAmt
EOY$2,274,663EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,925,111BOYAmt
EOY$13,846,567EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$316,752BOYAmt
EOY$873,497EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$781,028BOYAmt
EOY$834,910EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$142,782BOYAmt
EOY$61,075EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,998,828BOYAmt
EOY$2,335,414EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,239,390BOYAmt
EOY$4,104,896EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,685,721BOYAmt
EOY$1,014,666EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$8,727,005EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,685,721BOYAmt
EOY$9,741,671EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,925,111BOYAmt
EOY$13,846,567EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,055,290ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$660NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,713,291CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,841,796CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,411,967CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,438,886CurrentTaxYearMinus1YearAmt
Current Tax Year$9,120,260CurrentTaxYearAmt
Total$39,526,200TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,713,291CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,841,796CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,411,967CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,438,886CurrentTaxYearMinus1YearAmt
Current Tax Year$9,120,260CurrentTaxYearAmt
Total$39,526,200TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$39,526,200PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$114CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,585CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$142CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$103,764CurrentTaxYearMinus1YearAmt
Current Tax Year$297,357CurrentTaxYearAmt
Total$409,962TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,524CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$240CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,034CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$44,772CurrentTaxYearMinus1YearAmt
Current Tax Year$14,364CurrentTaxYearAmt
Total$75,934TotalAmt
FieldValueIRS element (for citing)
Total Support$40,012,096TotalSupportAmt
Gross Receipts Rltd Activities$8,119,259GrossReceiptsRltdActivitiesAmt
Public Support CY1700.98790PublicSupportCY170Pct
Public Support PY1700.99520PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2019 AMOUNT: $ 1,524. 2020 AMOUNT: $ 240. 2021 AMOUNT: $ 15,034. 2022 AMOUNT: $ 44,772. 2023 AMOUNT: $ 14,364.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$190,000FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$190,000FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$12,305,950FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$12,495,950FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$774,798FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$193,700FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year$774,798CurrentYearAmt
Total$774,798TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$1,162,197LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year$190,000CurrentYearAmt
Total$190,000TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year$193,700CurrentYearAmt
Total$193,700TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$290,550GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year$190,000CurrentYearAmt
Total$190,000TotalAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$54,410OtherCostOrOtherBasisAmt
Depreciation$54,410DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$218,778OtherCostOrOtherBasisAmt
Depreciation$213,968DepreciationAmt
Book Value$4,810BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$25,275OtherCostOrOtherBasisAmt
Depreciation$25,275DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,810TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
RIGHT-OF-USE ASSETS UNDER OPERATING LEASES$2,227,318
SECURITY DEPOSITS$47,345
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,274,663TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITIESDesc
Amt$2,335,414Amt
FieldValueIRS element (for citing)
Total Liability$2,335,414TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$17,551,900TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$660NetUnrealizedGainsInvstAmt
Revenue Not Reported$660RevenueNotReportedAmt
Revenue Subtotal$17,551,240RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$17,551,240TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$12,495,950TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$12,495,950ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$12,495,950TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationOICA'S [THE ORGANIZATION'S] MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2024 OR 2023.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
OIC OF SOUTH FLORIDA INC
3407 NW 9TH AVENUEOAKLAND PARKFL333095947651117147501(C)(3)$766,319$0N/AN/AFELLOWSHIPS
OPPORTUNITIES INDUSTRIALIZATION OF WILSON INCORPORATED
PO BOX 547WILSONNC278940547561100476501(C)(3)$626,836$0N/AN/AFELLOWSHIPS
OPPORTUNITIES INDUSTRIALIZATION CENTER INC (PHILADELPHIA OIC)
1231 NORTH BROAD STREETPHILADELPHIAPA191224021236296920501(C)(3)$461,514$0N/AN/AFELLOWSHIPS
TRI COUNTY OPPORTUNITIES INDUSTRIALIZATION CENTER INC
500 MACLAY STREETHARRISBURGPA171102330231667266501(C)(3)$434,090$0N/AN/AFELLOWSHIPS
OPPORTUNITIES INDUSTRIALIZATION CENTER INC (ROCKY MOUNT OIC)
402 EAST VIRGINIA STREETROCKY MOUNTNC278013454560946196501(C)(3)$432,047$0N/AN/AFELLOWSHIPS
PORTLAND OPPORTUNITIES INDUSTRIALIZATION CENTER INC
717 NORTH KILLINGSWORTH COURTPORTLANDOR972172335930593858501(C)(3)$358,383$0N/AN/AFELLOWSHIPS
SUMMIT ACADEMY OIC
935 OLSON MEMORIAL HIGHWAYMINNEAPOLISMN554051359410908458501(C)(3)$205,822$0N/AN/AFELLOWSHIPS
OPPORTUNITIES INDUSTRIALIZATION CENTER OF OKLAHOMA COUNTY INC
3033 NORTH WALNUT BUILDING EASTOKLAHOMA CITYOK731052832730753216501(C)(3)$171,326$0N/AN/AFELLOWSHIPS
OPPORTUNITIES INDUSTRIALIZATION CENTER OF NEW BRITAIN INC
114 NORTH STREETNEW BRITAINCT060511918060876897501(C)(3)$110,236$0N/AN/AFELLOWSHIPS
OPPORTUNITIES INDUSTRIALIZATION CENTER OF OUACHITA
PO BOX 4255MONROELA712114255720801911501(C)(3)$95,445$0N/AN/AFELLOWSHIPS
JEVS HUMAN SERVICES
1845 WALNUT STREETPHILADELPHIAPA191034708231352118501(C)(3)$33,153$0N/AN/AFELLOWSHIPS
FieldValueIRS element (for citing)
Total501c3 Org11Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSUBRECIPIENTS ARE REQUIRED TO SUBMIT MONTHLY REPORTS TO THE ORGANIZATION. YEARLY REVIEWS TAKE PLACE AND INCLUDE BOTH ON-SITE FIELD VISITS AND DESK REVIEWS. THE REVIEWS ARE GUIDED BY THE ORGANIZATION'S POLICIES AND PROCEDURES, AS WELL AS THE CONTRACT GUIDANCE OF THE U.S. DEPARTMENT OF LABOR. THE REVIEW IS BOTH A COMPLIANCE REVIEW AND A FISCAL REVIEW. MONITORING REPORTS ARE WRITTEN AS A RESULT OF THE ON-SITE FIELD VISITS AND/OR DESK REVIEWS. FINDINGS ARE DISCUSSED WITH THE SUBRECIPIENTS, AND CORRECTIVE ACTION PLANS ARE DISCUSSED AND MONITORED FOR CLOSURE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LOUIS J KING II
PRESIDENT AND C.E.O.$329,284$0$0$0$0$0$30,000$0$24,517$0$383,801$0$0$0
STEVEN THOMAS
CHIEF OF STAFF$182,596$0$0$0$0$0$0$0$0$0$182,596$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationAIR TRAVEL WAS PROVIDED TO THE PRESIDENT AND CHIEF EXECUTIVE OFFICER.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2THE ORGANIZATION LAUNCHED THE SULLIVAN TRAINING NETWORK, FORMING PARTNERSHIPS TO OFFER CREDENTIALED TRAINING TO ADULTS THAT ARE INVOLVED IN JUSTICE, AS WELL AS JOB PLACEMENT TO EARN A WAGE TO SUPPORT A FAMILY.
FORM 990, PART III, LINE 3THE ORGANIZATION LAUNCHED STEMFEST/SATURDAYS TO OFFER YOUTH EXPOSURE TO CAREERS IN SCIENCE TECHNOLOGY, ENGINEERING, AND MATH IN THE TWIN CITIES.
FORM 990, PART VI, SECTION B, LINE 11BBEFORE THE FILING OF FORM 990, COPIES ARE SENT TO EACH OF THE BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH IS ISSUED TO ALL BOARD MEMBERS, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, AND KEY EMPLOYEES, WHO ARE REQUIRED TO READ AND UNDERSTAND THE POLICY, AS WELL AS TO SIGN TO ACKNOWLEDGE RECIEPT AND DISCLOSURE THEREON. THE BOARD CHAIR REVIEWS FOR ANY EXCEPTIONS. THE POLICY IS UPDATED AND DISTRIBUTED ANNUALLY TO BOARD MEMBERS, OFFICERS, AND EMPLOYEES.
FORM 990, PART VI, SECTION B, LINE 15OPEN POSITIONS ARE POSTED, AND CANDIDATES ARE INTERVIEWED. THE EXECUTIVE COMMITTEE, AFTER INTERVIEWING THE CANDIDATES AND REVIEWING THE BUDGET, SELECTS THE CANDIDATE OF CHOICE AND MAKES THE RECOMMENDATION TO THE FULL BOARD. AN OFFER IS MADE BASED ON THE BUDGET AND A DETERMINATION BY THE PRESIDENT AND CHIEF EXECUTIVE OFFICER.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 4,903. MANAGEMENT AND GENERAL EXPENSES 156. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,059. CONTRACTORS: PROGRAM SERVICE EXPENSES 1,365,135. MANAGEMENT AND GENERAL EXPENSES 8,496. FUNDRAISING EXPENSES 39,561. TOTAL EXPENSES 1,413,192. SECURITY: PROGRAM SERVICE EXPENSES 38,342. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,342.

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