Opportunity Matters Inc
- Assets
- $10.8m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 375
- Location
- Sartell, MN
- Founding
- 04/1981
- Data as of
- 12/2020
- EIN
- 41-1396610
Organization Overview
Opportunity Matters Inc is located in Sartell, MN. The organization was established in 1981. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2020, Opportunity Matters Inc employed 375 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Matters Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Opportunity Matters Inc generated $7.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $7.7m during the year ending 12/2020. While expenses have increased by 2.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE OPPORTUNITIES THAT EMPOWER INDIVIDUALS AND FAMILIES TO REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPPORTUNITY MATTERS "LIFETIME OPPORTUNITIES" ARE ADULT FOSTER CARE HOMES THAT PROVIDE SUPPORTIVE SERVICES TO 71 INDIVIDUALS WITH DISABILITIES. IN THE HOMES, THERE IS 24-HOUR STAFFING 365 DAYS OUT THE YEAR. THE INDIVIDUALS SERVED CREATE PERSON CENTER PLANS THAT HELP THEM WORK TOWARD GOALS AND DREAMS IN THEIR LIVES WHILE MAINTAINING AND INCREASING THEIR INDEPENDENCE. FOR SOME, ADULT FOSTER CARE IS A STEPPING STONE TO GAINING SKILLS THAT COULD HELP THEM MOVE TO A MORE INDEPENDENT LIVING ARRANGEMENT. FOR OTHERS IT PROVIDES THE SUPPORT AND CARES THEY REQUIRE TO LIVE A FULFILLING LIFE. THE OCCUPANCY LEVEL IS AT 99% IN OUR 18 HOMES AND THERE CONTINUES TO BE A GREAT NEED FOR THIS SERVICE IN THE COMMUNITY.
OPPORTUNITY MATTERS "PATHWAY TO OPPORTUNITIES" CONSISTS OF TWO TYPES OF PROGRAMS, ADULT DAY SERVICES AND SUPPORTIVE SERVICES. THE ADULT DAY SERVICES PROVIDES INDIVIDUALS A PLACE TO BE WITH OTHERS TO SOCIALIZE, CULTIVATE THEIR PERSONAL INTERESTS, ENGAGE IN ACTIVITIES BOTH COGNITIVE AND PHYSICAL, EXERCISE, AND PARTICIPATE IN COMMUNITY EVENTS. THE PROGRAM ALSO PROVIDES CAREGIVERS ASSISTANCE BY GIVING THEM RESPITE BREAKS FROM THE CARE THEY PROVIDE. CURRENTLY WE SERVE 10 INDIVIDUALS IN OUR ADULT DAY PROGRAM. THE SUPPORTIVE SERVICES PROVIDE ASSISTANCE TO INDIVIDUALS IN THEIR OWN LIVING ENVIRONMENT OR IN THE COMMUNITY. SERVICES MAY INCLUDE SUPERVISION FOR THEIR DAILY LIVING ROUTINES, ASSISTANCE WITH ACCESSING COMMUNITY EDUCATION RESOURCES, MANAGING FINANCES, GROCERY SHOPPING, COMMUNITY EDUCATION CLASSES, ASSISTING WITH SEEKING EMPLOYMENT, SOCIAL EVENTS AND BECOMING AN ACTIVE MEMBER OF THE COMMUNITY. CURRENTLY WE SERVE 1 INDIVIDUALS IN THE SUPPORTIVE SERVICE PROGRAM. BOTH SERVICES CONTINUE TO BE IMPORTANT RESOURCES IN THE COMMUNITY FOR THOSE WITH COGNITIVE/ PHYSICAL DISABILITIES AND MEMORY LOSS.
OPPORTUNITY MATTERS "CRISIS RESPITE SERVICE" PROVIDES SHORT TERM RESIDENTIAL SERVICES FOR PEOPLE EXPERIENCING AN EMERGENCY DUE TO MEDICAL OR BEHAVIORAL ISSUES. THIS SERVICE IS PROVIDED FOR 90-120 DAYS, BUT AT TIMES GOES BEYOND THAT POINT DUE TO VARIOUS CIRCUMSTANCES THAT THE PERSON IS FACING WITH FINDING LONG TERM HOUSING AND SERVICES. CURRENTLY THE OCCUPANCY LEVEL FOR THE CRISIS UNITS HAS BEEN 100% FULL IN THE ONE SITE AND DEPENDING ON THE AVAILABILITY OF STAFFING THE SECOND SITE FULL FOR MOST OF THE YEAR. THERE CONTINUES TO BE A LARGE DEMAND FOR THIS SERVICE.
OPPORTUNITY MATTERS "BEHAVIOR CONSULTING" IS A SERVICE THAT ASSISTS INDIVIDUALS WITH DISABILITIES WHO HAVE BEHAVIOR CHALLENGES IN THEIR LIVES. THE OBJECTIVE OF THE SERVICE IS TO HELP THE PERSON AND THOSE WHO SUPPORT THE PERSON, REDUCE OR ELIMINATE NEGATIVE BEHAVIOR. THIS IS DONE THROUGH THE COMPLETION OF A BEHAVIORAL FUNCTIONAL ASSESSMENT AND THE DEVELOPMENT OF A BEHAVIOR MODIFICATION PROGRAM. THE AMOUNT OF TIME A CONSULTANT IS INVOLVED IN A CASE DEPENDS ON HOW WELL A PERSON RESPONDS TO A BEHAVIOR MODIFICATION PROGRAM. OVER THE PAST YEAR, OPPORTUNITY MATTERS PROVIDED BEHAVIOR CONSULTING TO ABOUT 18 ACTIVE CASES. THE NEED FOR BEHAVIOR CONSULTING SERVICE IS INCREASING AS THE PROFESSION CHANGES THE WAYS SUPPORTS ARE PROVIDED TO INDIVIDUALS WITH DISABILITIES.OPPORTUNITY MATTERS "MULTIPLE SCLEROSIS PROGRAM" PROVIDES SUPPORT TO INDIVIDUALS WITH MS THROUGH STRUCTURED ACTIVITIES, EDUCATION AND EVENTS AND SPACE FOR SOCIALIZATION. THIS GROUP MEETS ONCE A WEEK AND HAS AROUND 8 ACTIVE PARTICIPANTS. OPPORTUNITY MATTERS AND THE PARTICIPANTS WORK TOGETHER TO PROMOTE THE PROGRAM IN ORDER TO SEEK OUT NEW PARTICIPANTS WHO WOULD FIND THE PROGRAM BENEFICIAL TO THEIR LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regan Stommes CEO | Officer | 40 | $139,353 |
Bridget Mohs Finance Manager | Officer | 40 | $61,500 |
Kaylan Nelson Vice President | OfficerTrustee | 0.3 | $0 |
Tracy Karl Treasurer | OfficerTrustee | 0.3 | $0 |
Anita Stoering President | OfficerTrustee | 0.3 | $0 |
John Herges Board Member | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,776 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,776 |
| Total Program Service Revenue | $7,714,181 |
| Investment income | $113,621 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,255 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,848,856 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $218,080 |
| Compensation of current officers, directors, key employees. | $210,724 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,131,455 |
| Pension plan accruals and contributions | $72,718 |
| Other employee benefits | $377,218 |
| Payroll taxes | $496,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,129 |
| Fees for services: Accounting | $30,111 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,428 |
| Advertising and promotion | $10,746 |
| Office expenses | $313,481 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $133,091 |
| Travel | $4,233 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $70,403 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $309,702 |
| Insurance | $67,051 |
| All other expenses | $33,056 |
| Total functional expenses | $7,691,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,524,149 |
| Savings and temporary cash investments | $85,474 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $349,404 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,219 |
| Prepaid expenses and deferred charges | $64,787 |
| Net Land, buildings, and equipment | $4,529,533 |
| Investments—publicly traded securities | $4,210,396 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,779,962 |
| Accounts payable and accrued expenses | $309,849 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,222,941 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,239,900 |
| Other liabilities | $194 |
| Total liabilities | $2,772,884 |
| Net assets without donor restrictions | $7,921,095 |
| Net assets with donor restrictions | $85,983 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,779,962 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Opportunity Matters Inc has recieved totaling $86.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $86 |
Endowment Analysis
| Beg. Balance | $70,104 |
| Net Contributions | $1,955 |
| Other Expense | $13,924 |
| Ending Balance | $85,983 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homeward Bound Inc Plymouth, MN | $9,682,680 | $20,805,285 |
Discovery Living Inc Cedar Rapids, IA | $11,709,298 | $15,165,116 |
Lad Lake Inc Dousman, WI | $18,305,797 | $13,126,553 |
Enable Inc Bismarck, ND | $6,180,570 | $13,372,662 |
Phoenix Residence Inc St Paul, MN | $9,462,501 | $12,129,691 |
Kenosha Human Development Services Inc Kenosha, WI | $14,186,753 | $13,956,960 |
Nishna Productions Inc Shenandoah, IA | $11,396,482 | $10,657,459 |
St Lukes Lutheran Care Center Blue Earth, MN | $9,355,318 | $10,279,790 |
Abbott House Inc Mitchell, SD | $12,190,131 | $10,428,171 |
Central Iowa Residential Services Inc Marshalltown, IA | $5,466,699 | $8,641,374 |
Opportunity Matters Inc Sartell, MN | $10,779,962 | $7,848,856 |
Social Current Inc Milwaukee, WI | $9,111,549 | $10,631,550 |