Franklin Vance Warren Opportunity

Organization Overview

Franklin Vance Warren Opportunity is located in Henderson, NC. The organization was established in 1967. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, Franklin Vance Warren Opportunity employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Vance Warren Opportunity 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 06/2021, Franklin Vance Warren Opportunity generated $10.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $9.2m during the year ending 06/2021. While expenses have increased by 0.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO TAKE PART IN SUCH EDUCATION AND CHARITABLE ACTIVITES AS MAY BE NECESSARY FOR ADVANCING THE GENERAL WELFARE OF THE PEOPLE OF FRANKLIN, VANCE AND WARREN COUNTIES OF NORTH CAROLINA

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO TAKE PART IN SUCH EDUCATION AND CHARITABLE ACTIVITES AS MAY BE NECESSARY FOR ADVANCING THE GENERAL WELFARE OF THE PEOPLE OF FRANKLIN, VANCE AND WARREN COUNTIES OF NORTH CAROLINA


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Board, Officers & Key Employees

Name (title)Compensation
Abdul Rasheed
CEO
$114,150
Felicia Gregory
COO
$81,715
Tanya Branch
CFO
$49,175
Dr Tony Cozart
President
$0
Tare Davis
1st Vice Pre
$0
Dr Richard Henderson
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $9,286,233
All other contributions, gifts, grants, and similar amounts not included above$651,802
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,938,035
Total Program Service Revenue$18,163
Investment income $92
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,956,290

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Franklin Vance Warren Opportunity has recieved totaling $233,731.

Awarding OrganizationAmount
Franklin Granville Vance Smart Inc

Henderson, NC

PURPOSE: NC PRE-KINDERGARTEN

$213,731
Z Smith Reynolds Foundation Inc

Winstonsalem, NC

PURPOSE: RETOOLING AND RURAL INNOVATION PROJECT

$20,000
View Grant Recipient Profile

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