OPPORTUNITY INC OF PALM BEACH COUNTY: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- OPPORTUNITY INC OF PALM BEACH COUNTY (EIN 59-0624429)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-11-28
- IRS object ID
- 201813329349300331
- Schema version
- 2017v2.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-28T11:46:34-08:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIEDMAN FELDMESSER AND KARPELES CPA LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 641 UNIVERSITY BLVD STE 210 | AddressLine1Txt |
| City | JUPITER | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33458 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590624429 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Opportunity Inc of Palm Beach County | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OPPO | BusinessNameControlTxt |
| Phone | 5617129221 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1713 Quail Drive | AddressLine1Txt |
| City | West Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33409 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER NICOLETTI | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5617129221 | PhoneNum |
| Signature | 2018-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD L KARPELES | PreparerPersonNm |
| PTIN | P01206336 | PTIN |
| Phone | 5616229990 | PhoneNum |
| Preparation | 2018-11-28 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.240.52.17 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-28 | IPDt |
| IP Tm | 11:46:26 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 3880DDB909B9900488CB0F68290A40B733F31CC6 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 961BEB583D2C675EC3AE71AC06E8A773126FD35A | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PETER NICOLETTI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1713 Quail Dr | AddressLine1Txt |
| City | West Palm Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33409 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,998,112 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.opportunitypbs.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1982 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | EMPOWERING THE CHILDREN OF WORKING FAMILIES TO ACHIEVE ACADEMIC AND LIFE SUCCESS THROUGH EDUCATIONAL PROGRAMS THAT EMBRACE THE WHOLE CHILD AND THROUGH FAMILY PROGRAMMING. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 33 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,630,212 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,133,552 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $612,479 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $663,779 | CYProgramServiceRevenueAmt |
| PY Investment Income | $208,305 | PYInvestmentIncomeAmt |
| CY Investment Income | $200,781 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,450,996 | PYTotalRevenueAmt |
| CY Total Revenue | $3,998,112 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,264,830 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,292,536 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $116,773 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $487,071 | PYOtherExpensesAmt |
| CY Other Expenses | $566,025 | CYOtherExpensesAmt |
| PY Total Expenses | $1,751,901 | PYTotalExpensesAmt |
| CY Total Expenses | $1,858,561 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,699,095 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,139,551 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,047,031 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,056,294 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $155,609 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,025,321 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,891,422 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,030,973 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Empowering the children of working | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,518,535 | ExpenseAmt |
| Revenue | $663,779 | RevenueAmt |
| Desc | THE COST TO PROVIDE YEAR-ROUND, 5 DAY PER WEEK PRESCHOOL EDUCATION FOR 96 CHILDREN, AGES 6 WEEKS TO 5 YEARS. THE GOAL IS TO PREPARE AT-RISK CHILDREN TO ENTER KINDERGARTEN MEETING OR EXCEEDING STATE STANDARDS FOR SCHOOL READINESS TO SET THEM ON A PATH FOR FUTURE SUCCESS. | Desc |
| Total Program Service Expenses | $1,518,535 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 33 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ali Eger | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5617129221 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1713 Qual Drive West Palm | AddressLine1Txt |
| City | Beach | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33409 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| ARNOLD ANDERSON | |||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ALI EGER | |||||||
| Executive Director | 45.00 | $90,950 | $0 | $0 | Yes (X) | ||
| JONATHAN HARRIS | |||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIA DARE | |||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DORA PIKOUNIS | |||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBIN REMICK | |||||||
| Treasurer | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| BOB LEWIS | |||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| WAVERLY SHIRREFFS | |||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| TARA GRONBERG | |||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GORDON ANTHONY | |||||||
| Executive VP | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JAMES M BALLENTINE JR | |||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSIE DWINELL | |||||||
| Director | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER NICOLETTI | |||||||
| President | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| EUGENE POLLINGUE | |||||||
| Secretary | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $90,950 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $208,350 | FundraisingAmt |
| All Other Contributions | $2,925,202 | AllOtherContributionsAmt |
| Total Contributions | $3,133,552 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Tuition | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $663,779 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $663,779 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $200,781 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $208,350 | ContriRptFundraisingEventAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,998,112 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $864,560 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,950 | TotalAmt |
| Program Services | $90,950 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $950,544 | TotalAmt |
| Program Services | $763,075 | ProgramServicesAmt |
| Management And General | $135,394 | ManagementAndGeneralAmt |
| Fundraising | $52,075 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,785 | TotalAmt |
| Program Services | $144,144 | ProgramServicesAmt |
| Management And General | $22,852 | ManagementAndGeneralAmt |
| Fundraising | $8,789 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,257 | TotalAmt |
| Program Services | $61,711 | ProgramServicesAmt |
| Management And General | $9,783 | ManagementAndGeneralAmt |
| Fundraising | $3,763 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,999 | TotalAmt |
| Program Services | $676 | ProgramServicesAmt |
| Management And General | $532 | ManagementAndGeneralAmt |
| Fundraising | $791 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,198 | TotalAmt |
| Program Services | $3,787 | ProgramServicesAmt |
| Management And General | $2,978 | ManagementAndGeneralAmt |
| Fundraising | $4,433 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,907 | TotalAmt |
| Program Services | $9,776 | ProgramServicesAmt |
| Management And General | $7,687 | ManagementAndGeneralAmt |
| Fundraising | $11,444 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,532 | TotalAmt |
| Program Services | $25,632 | ProgramServicesAmt |
| Management And General | $3,764 | ManagementAndGeneralAmt |
| Fundraising | $2,136 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,323 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,323 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,500 | TotalAmt |
| Program Services | $45,510 | ProgramServicesAmt |
| Management And General | $7,215 | ManagementAndGeneralAmt |
| Fundraising | $2,775 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,596 | TotalAmt |
| Program Services | $30,009 | ProgramServicesAmt |
| Management And General | $4,757 | ManagementAndGeneralAmt |
| Fundraising | $1,830 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Advertising | $4,693 | $4,693 | $0 | $0 |
| Credit card Fees | $14,682 | $11,745 | $0 | $2,937 |
| Food - Hot Meals | $99,309 | $81,798 | $1,501 | $16,010 |
| Field Trips | $18,338 | $18,338 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,948 | TotalAmt |
| Program Services | $226,691 | ProgramServicesAmt |
| Management And General | $25,467 | ManagementAndGeneralAmt |
| Fundraising | $9,790 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,858,561 | TotalAmt |
| Program Services | $1,518,535 | ProgramServicesAmt |
| Management And General | $223,253 | ManagementAndGeneralAmt |
| Fundraising | $116,773 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,867,757 | BOYAmt |
| EOY | $1,205,360 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,249 | BOYAmt |
| EOY | $66,197 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,476 | BOYAmt |
| EOY | $22,104 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,818,294 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $791,946 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,484,325 | BOYAmt |
| EOY | $9,026,348 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,635,924 | BOYAmt |
| EOY | $1,735,985 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300 | BOYAmt |
| EOY | $300 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,047,031 | BOYAmt |
| EOY | $12,056,294 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,955 | BOYAmt |
| EOY | $159,422 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,425 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,229 | BOYAmt |
| EOY | $865,899 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,609 | BOYAmt |
| EOY | $1,025,321 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,716,205 | BOYAmt |
| EOY | $10,415,835 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,675,217 | BOYAmt |
| EOY | $115,138 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,000 | BOYAmt |
| EOY | $500,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,891,422 | BOYAmt |
| EOY | $11,030,973 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,047,031 | BOYAmt |
| EOY | $12,056,294 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,139,551 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
| Public Support Total170 | $0 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY170 | 0 | PublicSupportCY170Pct |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $504,052 | BeginningYearBalanceAmt |
| End Year Balance | $504,052 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $504,052 | BeginningYearBalanceAmt |
| End Year Balance | $504,052 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $500,000 | ContributionsAmt |
| Investment Earnings Or Losses | $4,052 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $504,052 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,851,842 | OtherCostOrOtherBasisAmt |
| Book Value | $1,851,842 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $946,591 | OtherCostOrOtherBasisAmt |
| Depreciation | $368,499 | DepreciationAmt |
| Book Value | $578,092 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $304,283 | OtherCostOrOtherBasisAmt |
| Depreciation | $199,928 | DepreciationAmt |
| Book Value | $104,355 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,715,578 | OtherCostOrOtherBasisAmt |
| Depreciation | $223,519 | DepreciationAmt |
| Book Value | $6,492,059 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,026,348 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| INSURANCE PAYABLE | $10,338 |
| OTHER LIABILITIES | $12,217 |
| Employee Payable | $14,747 |
| Construction payable | $828,597 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $865,899 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $3,998,112 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$33,031 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$33,031 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,031,143 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $4,031,143 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,858,561 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,858,561 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,858,561 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt IV, Line 1b | FormAndLineReferenceDesc |
| Explanation | THE FUND IS RESTRICTED, AND THE INCOME EARNED WILL BE USED TO FUND PROGRAM COSTS AS DIRECTED BY THE DONOR. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Line 3 | THIS INSTITUTION IS AN EQUAL OPPORTUNITY PROVIDER WITH A CURRENT NON-DISCRIMINATORY POLICY IN PLACE. THIS INSTITUTION IS AN EQUAL OPPORTUNITY PROVIDER WITH A CURRENT NON-DISCRIMINATORY POLICY IN PLACE. |
| Line 6b | ORGANIZATION REC'D INCOME FOR TUITION & FOOD FROM GOVT GRANTS |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANTAGE IN PHILANTROPY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CAP CAMPAIGN | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $1,739,354 | GrossReceiptsAmt |
| Retained By Contractor | $36,021 | RetainedByContractorAmt |
| Net To Organization | $1,703,333 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $1,739,354 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $36,021 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $1,703,333 | TotalNetToOrganizationAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL BENEFIT | Event1Nm |
| Gross Receipts Event1 | $222,436 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $222,436 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $27,407 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $3,995 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $67,610 | OtherDirectExpensesEvent1Amt |
| Event2 | LUNCHEON | Event2Nm |
| Gross Receipts Event2 | $103,324 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $103,324 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $18,242 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $7,483 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $325,760 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $325,760 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $45,649 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $3,995 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $75,093 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $124,737 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $201,023 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (15 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 19 | PROVISION OF DOCUMENT & COPIES REFLECTED IN BOARD MINUTES |
| Pt VI, Line 11b | 990 IS COMPLETED BY AUDITORS AND COMPLETELY REVIEWED |
| Pt VI, Line 11b | BY FINANCE DIRECTOR FOR ACCURACY THEN SIGNED |
| Pt VI, Line 12c | CONFLICT OF INTEREST POLICY IS CIRCULATED EACH YEAR. A LOG IS MAINTAINED TO ASSURE COMPLIANCE |
| Pt VI, Line 15a | RESOURCE & DEVELOPMENT COMMITTEE MAKE RECOMMENDATIONS TO BOARD RE COMP FOR STAFF. COMP REVIEWS ARE DONE ANNUALLY TO GET COMPATABLE DATA |
| Pt VI, Line 15b | RESOURCE & DEVELOPMENT COMMITTE MAKE RECOMMENDATIONS TO BOARD |
| Pt VI, Line 15b | OF DIRECTORS RE COMPENSATION |
| Form 990, Part IX, Line 24e | Maintenance & Repairs 119758. 98202. 15569. 5987. |
| Form 990, Part IX, Line 24e | Security 25. 20. 5. 0. |
| Form 990, Part IX, Line 24e | Education and Family Development 52373. 52373. 0. 0. |
| Form 990, Part IX, Line 24e | Utilities 34090. 27954. 4432. 1704. |
| Form 990, Part IX, Line 24e | Equipment Rental 14291. 11719. 1858. 714. |
| Form 990, Part IX, Line 24e | Janitorial supplies 27713. 22725. 3603. 1385. |
| Form 990, Part IX, Line 24e | Bad debt expense 84. 84. 0. 0. |
| Form 990, Part IX, Line 24e | Training 13614. 13614. 0. 0. |
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