Civic Intelligence

Opportunity Center Inc

EIN 51-0079778 • 501(c)3 • New Castle, DE

Profile

To provide employment, training and other support services to people with disabilities.

13 Reads Way 101New Castle, DE 19720

www.servicesource.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.04x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

0.91x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

25th percentile

-5.9%

Higher net margin than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

96th percentile

$668,285

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

59th percentile

7.1%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

34th percentile

-0.3%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$7,541,403

Up $1,840,581 (+32%) from 2022

Liabilities

Up

$7,989,762

Up $1,028,228 (+15%) from 2022

Net Assets

Up

-$448,359

Up $812,353 (+64%) from 2022

Revenue

Up

$9,623,029

Up $2,261,539 (+31%) from 2022

Expenses

Up

$9,171,194

Up $913,249 (+11%) from 2022

Net Income

Up

$451,835

Up $1,348,290 (+150%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $4,167,595Liabilities 2010: $3,333,212Net Assets 2010: $834,3832010Assets 2011: $4,748,000Liabilities 2011: $3,584,901Net Assets 2011: $1,163,0992011Assets 2012: $4,856,212Liabilities 2012: $4,204,257Net Assets 2012: $651,9552012Assets 2013: $4,932,760Liabilities 2013: $4,232,570Net Assets 2013: $700,1902013Assets 2014: $5,382,908Liabilities 2014: $4,858,964Net Assets 2014: $523,9442014Assets 2015: $4,424,869Liabilities 2015: $4,323,971Net Assets 2015: $100,8982015Assets 2016: $4,792,257Liabilities 2016: $4,759,740Net Assets 2016: $32,5172016Assets 2017: $4,546,346Liabilities 2017: $4,920,040Net Assets 2017: -$373,6942017Assets 2018: $4,274,054Liabilities 2018: $4,149,043Net Assets 2018: $125,0112018Assets 2019: $4,785,918Liabilities 2019: $4,667,043Net Assets 2019: $118,8752019Assets 2020: $4,499,425Liabilities 2020: $4,787,100Net Assets 2020: -$287,6752020Assets 2021: $5,710,526Liabilities 2021: $5,527,860Net Assets 2021: $182,6662021Assets 2022: $5,700,822Liabilities 2022: $6,961,534Net Assets 2022: -$1,260,7122022Assets 2023: $7,541,403Liabilities 2023: $7,989,762Net Assets 2023: -$448,3592023

Highlighted filing

2023

Assets$7,541,403
Liabilities$7,989,762
Net Assets-$448,359

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $8,187,5062010Revenue 2011: $8,610,270Expenses 2011: $8,899,793Net Income 2011: -$289,5232011Expenses 2012: $9,220,6942012Expenses 2013: $8,021,6712013Revenue 2014: $7,724,671Expenses 2014: $8,522,370Net Income 2014: -$797,6992014Revenue 2015: $8,378,938Expenses 2015: $8,863,726Net Income 2015: -$484,7882015Revenue 2016: $8,217,558Expenses 2016: $8,051,721Net Income 2016: $165,8372016Revenue 2017: $9,334,675Expenses 2017: $9,492,145Net Income 2017: -$157,4702017Revenue 2018: $9,175,165Expenses 2018: $8,869,285Net Income 2018: $305,8802018Revenue 2019: $8,781,974Expenses 2019: $8,849,759Net Income 2019: -$67,7852019Revenue 2020: $8,553,422Expenses 2020: $8,945,363Net Income 2020: -$391,9412020Revenue 2021: $7,522,555Expenses 2021: $7,939,208Net Income 2021: -$416,6532021Revenue 2022: $7,361,490Expenses 2022: $8,257,945Net Income 2022: -$896,4552022Revenue 2023: $9,623,029Expenses 2023: $9,171,194Net Income 2023: $451,8352023

Highlighted filing

2023

Revenue$9,623,029
Expenses$9,171,194
Net Income$451,835

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$7.54$7.99$0.45$9.62$9.17$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$6.96$1.26$7.36$8.26$0.90
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.71$5.53$0.18$7.52$7.94$0.42
2020Summary only. Only limited summary data is available for this year.$4.50$4.79$0.29$8.55$8.95$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.79$4.67$0.12$8.78$8.85$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.27$4.15$0.13$9.18$8.87$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$4.92$0.37$9.33$9.49$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.79$4.76$0.03$8.22$8.05$0.17
2015Detailed filing. Detailed filing data is available for this year.$4.42$4.32$0.10$8.38$8.86$0.48
2014Detailed filing. Detailed filing data is available for this year.$5.38$4.86$0.52$7.72$8.52$0.80
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.93$4.23$0.70$8.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.86$4.20$0.65$9.22
2011Summary only. Only limited summary data is available for this year.$4.75$3.58$1.16$8.61$8.90$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$3.33$0.83$8.19
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 5, 2022
Return Version
2021v4.2
Gross Receipts
$7,361,490
Mission and Program Overview

Mission

To facilitate services, resources, and partnerships that support people with disabilities, along with their families, caregivers, and community members.

To facilitate services for people with disabilities to build more inclusive communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,601,541$3,118,034▼ $483,507
Accounts Receivable$1,475,834$1,956,363▲ $480,529
Land, Buildings, and Equipment, Net$476,447$484,784▲ $8,337
Prepaid Expenses and Deferred Charges$108,593$101,837▼ $6,756
Cash and Non-Interest-Bearing Accounts$48,111$39,804▼ $8,307
Total Assets$5,710,526$5,700,822▼ $9,704
Liabilities
Other Liabilities$4,994,259$6,369,138▲ $1,374,879
Accounts Payable and Accrued Expenses$533,601$592,396▲ $58,795
Total Liabilities$5,527,860$6,961,534▲ $1,433,674
Net Assets / Fund Balance
Net Assets With Donor Restrictions$180,736$139,648▼ $41,088
Net Assets Without Donor Restrictions$1,930$-1,400,360▼ $1,402,290
Total Net Assets Fund Balance$182,666$-1,260,712▼ $1,443,378
Total Liabilities and Net Assets / Fund Balance$5,710,526$5,700,822▼ $9,704

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$240,498$1,469,198$1,709,696
Other Land Buildings$90,606$553,513$644,119
Equipment$40,912$249,930$290,842
Land$112,768-$112,768

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$33,283,625$1,000,000▼ $2,894,325$384,534$30,914,766
2020$24,759,352$3,405,481▲ $6,592,273$1,383,481$33,283,625
2019$27,612,281-▲ $871,159$3,634,088$24,759,352
2018$26,337,146$1,336,888▲ $1,276,788$1,248,541$27,612,281
2017$24,395,027$971,711▲ $1,419,425$333,767$26,337,146
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cynthia SterlingExecutive DirectorFT$140,567$32,467$173,034
Dennis DapolitoEvp-regional OperationsPT$57,596$24,575$82,171
Bruce PattersonChief Executive Officer-$40,978$16,599$57,577
Mark HallPresident-$33,489$14,923$48,412
Nate HooverChief Financial Officer-$25,096$9,555$34,651
Lisa LongEvp-it-$22,758$8,270$31,028
John HuffEvp-contract Ops-$19,448$4,648$24,096
Swati AnejaEvp-human Resources-$18,585$5,510$24,095
Soma BakhtariVP-technology Mgmt-$18,116$4,349$22,465
Joseph LucenteVP-contracts Admin-$16,936$4,120$21,056
Lisa WardExecutive Director-foundation-$11,694$7,077$18,771

Board Members and Trustees

NameTitle
Kelly CaccettaBoard Chair
Karla S LeavelleChair Elect
James CarrollPast Chair
Joanne FinniganVice Chair
Albert WuDirector
Brandt WoodDirector
Gary PetersenDirector
Hector VelezDirector
Joseph AshleyDirector
Joseph SorotaDirector
Mark DiorioDirector
Michael WalshDirector
Patricia HarrisonDirector
Weyher DawsonDirector
Frank BurkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$63,432
Program Service Revenue
$7,127,758
Investment Income
$65,248
Other Revenue
$105,052
All Other Contributions
$34,328
Change in Net Assets
$-896,455

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,359,699
Revenue Not Reported on Financial Statements
$1,791
Revenue Not Reported on Form 990
$-546,923
Total Revenue per Audited Statements
$6,812,776
Total Revenue per Form 990
$7,361,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,434,701
Other Expenses$2,823,244
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,093,895$143,166-$3,237,061
Current Officers, Directors, Trustees, and Key Employees$782,416$36,088-$818,504
Other Employee Benefits$683,560$29,612-$713,172
Occupancy$526,055$22,497-$548,552
Payroll Taxes$519,211$23,537-$542,748
All Other Expenses$253,686$124-$253,810
Pension Plan Contributions$118,100$5,116-$123,216
Fees for Services Other$108,029$142-$108,171
Other Expenses$105,618$2,232-$107,850
Depreciation Depletion$60,843--$60,843
Fees for Services Legal$51,927--$51,927
Travel$41,182$1,689-$42,871
Office Expenses$13,346$1,804-$15,150
Information Technology$6,496$378-$6,874
Insurance$1,900--$1,900
Fees for Service Investment Mgmnt Fees-$1,791-$1,791
Conferences and Meetings$1,044--$1,044
Interest$661--$661
Total Functional Expenses$7,393,285$864,660$0$8,257,945

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,257,945
Expenses per Audited Statements$8,256,154
Total Expenses per Audited Statements$8,256,154
Expenses Not Reported on Financial Statements$1,791
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$6,369,138
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A nationally recognized accounting firm prepares and reviews the return. After an extensive internal review and approval by the ceo, president and cfo, the returns are made available to the members of the audit committee and board of directors for their review and comment prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members are required to complete and sign a disclosure form identifying business interests, employment relationships and property interests, and those of related parties. Servicesource has specific board-level policies regarding disclosure of conflict of interest for board members. The chair of the board and the ceo regularly review the composition of the board for any potential conflicts of interests and consult with legal counsel if necessary. The board chair may ask the involved individual to recuse themselves during discussions on any matter relating to a potential conflict of interest. Servicesource maintains business code of ethics and conflict of interest policies that all employees are required to follow. All key employees, including officers, are required to participate in annual training on the organization's code of business ethics, including conflicts of interest.

Form 990, Part VI, Section C, Line 19

Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).

FORM 990, PART VII AND SCHEDULE J:

Opportunity center, inc. Compensates one individual shown in part vii of the form 990 and schedule j, part ii. All others shown in these sections are compensated by servicesource, inc., the organization's related organization. Opportunity center, inc. Relies on the compensation determination methodology of servicesource, inc. The following is the compensation methodology used by servicesource, inc.: compensation for servicesource's ceo is determined by the board of directors on an annual basis. This independent determination includes the use of data for similar positions at comparable organizations and the compensation arrangement is documented when decided by the board of directors. An independent compensation consultant conducts an executive salary survey on an annual basis, with the results of the survey being reviewed and considered by the board of directors for determination of the ceo's compensation. Compensation for other officers and key employees is determined based on periodic market analysis, including executive salary survey conducted by a leading consulting firm conducted at least every three years.

Filing and Contact Details

Filer

Filer Name
Opportunity Center Inc
EIN
51-0079778
Phone
3027620300
Address
13 READS WAY 101, NEW CASTLE, DE 19720

Signing Officer

Name
Nate Hoover
Title
Chief Financial Officer
Phone
3027620300
Signed
2022-12-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Patterson
Formed
1957
Legal Domicile
De
Voting Board Members
13
Independent Board Members
13
Employees
248
Volunteers
15

Preparer

Firm
Rsm US Llp
Address
1001 WATER ST STE 500, TAMPA, FL 33602
Preparer
Kristen Barnett
Phone
8133162300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process for overseeing the audit of the financial statements and selection of an independent accountant that audited the financial statements has been consistent with prior years.

Financial Statement Notes

PART V, LINE 4:

The investment income from these funds is available to provide for certain programs and initiatives of the organization. In addition, the board of trustees of servicesource foundation has designated net assets totaling $468,788, for the disability resource center and the friendship house for $438,754 and $30,034, respectively.

PART X, LINE 2:

Opportunity center is exempt from income taxes under section 501(c)(3) of the internal revenue code. In addition, opportunity center has been determined by the internal revenue service not to be a private foundation. Income, which is not related to its exempt purpose, less applicable deductions, is subject to federal and state corporate income taxes. Management evaluated opportunity center's tax positions and concluded that opportunity center has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance for accounting for uncertainty in income taxes.

Raw XML AppendixShowing 400 of 1,263 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0SEE SCHEDULE O.OPPORTUNITY CENTER, INC. DBA SERVICESOURCE IS A 501(C)(3) NOT-FOR-PROFIT ORGANIZATION OPERATING AS THE DELAWARE REGIONAL OFFICE OF SERVICESOURCE. THE MISSION OF THE ORGANIZATION IS TO FACILITATE SERVICES, RESOURCES AND PARTNERSHIPS TO SUPPORT PEOPLE WITH DISABILITIES AND OTHERS WE SERVE, ALONG WITH THEIR FAMILIES, THEIR CAREGIVERS AND COMMUNITY MEMBERS, IN ORDER TO BUILD MORE INCLUSIVE COMMUNITIES. THE SERVICESOURCE ORGANIZATION IS MADE UP OF FIVE REGIONAL OFFICES WITH PROGRAMS AND OPERATIONS IN MORE THAN 10 STATES AND THE DISTRICT OF COLUMBIA. THE REGIONAL OFFICES ARE LOCALLY INCORPORATED AS SEPARATE 501(C)(3) ENTITIES BUT MEET CONCURRENTLY THROUGH THE SAME VOLUNTEER BOARD OF DIRECTORS ACROSS REGIONS.OPPORTUNITY CENTER, INC. OPERATING AS THE DELAWARE REGIONAL OFFICE OF SERVICESOURCE IS LOCATED IN NEW CASTLE, DE. THE VIRGINIA REGIONAL OFFICE IS IN OAKTON, VA; THE FLORIDA REGIONAL OFFICE IS LOCATED IN CLEARWATER, FL; THE NORTH CAROLINA REGIONAL OFFICE IS IN FAYETTEVILLE, NC; AND THE UTAH REGIONAL OFFICE IS IN CLEARFIELD, UT.THE SERVICESOURCE DELAWARE REGIONAL OFFICE SERVED MORE THAN 760 INDIVIDUALS IN FISCAL YEAR 2022 (FY22) AND PROVIDES THE FOLLOWING PROGRAMS AND SERVICES: -A FULL RANGE OF REHABILITATION AND EMPLOYMENT SUPPORTS INCLUDING VOCATIONAL EVALUATION, WORK ADJUSTMENT TRAINING, JOB COACHING, SUPPORTED EMPLOYMENT, AND SPECIALIZED PROGRAMS. -AFFIRMATIVE EMPLOYMENT PROGRAMS PROVIDING COMMUNITY INTEGRATED CAREERS FOR PEOPLE WITH DISABILITIES. LINES OF BUSINESS INCLUDE FOOD SERVICE OPERATIONS, JANITORIAL SUPPORT, AND CONTRACT MANAGEMENT SUPPORT SERVICES FOR BOTH GOVERNMENT AND COMMERCIAL CUSTOMERS. -RIVERFRONT COMMUNITY PROGRAM IS DESIGNED WITH A PRIMARY FOCUS ON COMMUNITY INCLUSION AND THE PROVISION OF DAILY ACTIVITIES THAT STIMULATE, CHALLENGE, AND ENABLE INDIVIDUALS TO PARTICIPATE IN AND CONTRIBUTE TO THE COMMUNITY. -FRAMEWORK FOR SUCCESS SCHOOL TO CAREERS PROGRAM PROVIDES STUDENTS WITH COMMUNITY-BASED WORK EXPERIENCES AT LOCAL BUSINESS SITES AS WELL AS PLACEMENT SERVICES. -PRE-EMPLOYMENT TRANSITION SERVICES, TO PREPARE STUDENTS WITH DISABILITIES TO TRANSITION INTO THE WORKFORCE OR CONTINUING EDUCATION AFTER GRADUATION. SERVICES INCLUDE SITUATIONAL ASSESSMENTS AND CAREER EXPLORATION. -AUTISM SPECTRUM SERVICES ASSISTING INDIVIDUALS WITH AUTISM IN OBTAINING EMPLOYMENT AND INCREASING THEIR SELF-SUFFICIENCY. -SENIOR SERVICES PROVIDING SUPPORT SERVICES FOR INDIVIDUALS WITH DISABILITIES WHOSE SUPPORT NEEDS INCREASE AS THEY AGE. -FINANCEABILITY PROVIDING FINANCIAL EDUCATION AND SOCIAL SECURITY BENEFITS COUNSELING SERVICES TO PEOPLE WITH DISABILITIES.
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