Diversified Opportunities Inc
- Assets
- $6.6m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 37
- Location
- Wilson, NC
- Founding
- 03/1980
- Data as of
- 06/2022
- EIN
- 56-1251293
Organization Overview
Diversified Opportunities Inc is located in Wilson, NC. The organization was established in 1980. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Diversified Opportunities Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diversified Opportunities 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 06/2022, Diversified Opportunities Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 0.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE VOCATIONAL EVALUATION, TRAINING, ADJUSTMENT AND WORK ACTIVITY SERVICES TO INDIVIDUALS WITH DISABILITIES SO THAT THEY MAY SECURE AN OPTIMAL EARNED INCOME AND ENHANCE THEIR INDEPENDENCE IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOCATIONAL EVALUATION, TRAINING, ADJUSTMENT AND WORK ACTIVITY SERVICES TO INDIVIDUALS WITH DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Harrell Executive Di | $133,218 | ||
Donald Evans Chair | Officer | $0 | |
Willie Williams Vice Chair | Officer | $0 | |
Scott Biddle Past Chair | Officer | $0 | |
Michael Jones Secretary/tr | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,773 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,023 |
| Total Program Service Revenue | $1,589,469 |
| Investment income | $80,821 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39,311 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,791,773 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $760,107 |
| Pension plan accruals and contributions | $27,933 |
| Other employee benefits | $12,587 |
| Payroll taxes | $62,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,227 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,368 |
| Office expenses | $6,540 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $133,711 |
| Insurance | $37,627 |
| All other expenses | $0 |
| Total functional expenses | $1,405,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,145,647 |
| Savings and temporary cash investments | $540,682 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $112,833 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,008 |
| Net Land, buildings, and equipment | $1,174,727 |
| Investments—publicly traded securities | $2,607,181 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,620,078 |
| Accounts payable and accrued expenses | $148,832 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $148,832 |
| Net assets without donor restrictions | $6,471,246 |
| Net assets with donor restrictions | $0 |
| 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 | $6,620,078 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Diversified Opportunities Inc has recieved totaling $572.
| Awarding Organization | Amount |
|---|---|
Turner Battle Bunn Jr And Catherine Eagles Bunn Foundation Inc Wilson, NC PURPOSE: EDUCATION | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $72 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tri-Development Center Of Aiken County Aiken, SC | $11,301,624 | $21,352,454 |
Lifespan Incorporated Charlotte, NC | $15,854,360 | $20,547,610 |
Progressive Directions Inc Clarksville, TN | $6,267,368 | $17,802,978 |
York County Board Of Disabilities And Special Needs York, SC | $16,505,254 | $19,088,984 |
Employment Source Inc Fayetteville, NC | $11,512,831 | $17,714,777 |
Emory Valley Center Inc Oak Ridge, TN | $13,502,943 | $17,151,005 |
Soar 365 Richmond, VA | $23,580,904 | $17,622,374 |
Michael Dunn Center Kingston, TN | $4,914,167 | $15,172,268 |
Progressive Healthcare Providers Inc Collierville, TN | $3,689,907 | $14,306,238 |
Berkeley Citizens Inc Moncks Corner, SC | $10,679,846 | $12,915,154 |
Goodwill Services Inc Richmond, VA | $4,923,731 | $11,570,082 |
Horry Country Disabilities And Special Needs Board Conway, SC | $9,815,854 | $10,966,360 |