GREATER OPPORTUNITIES FOR BROOME AND CHENANGO INC (EIN 160909190) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Principal Officer

MARK SILVANIC

Phone

6073347114

Tax Period

2024-01-01 to 2024-12-31

GREATER OPPORTUNITIES FOR BROOME AND CHENANGO INC, founded in 1965, is a mid-sized nonprofit in the Human Services sector that reported $14.0M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $12.6M left a modest 9% surplus.

Mission

THE MISSION OF GREATER OPPORTUNITIES IS TO EDUCATE, ADVOCATE, AND EMPOWER INDIVIDUALS AND FAMILIES TO IMPROVE THE QUALITY OF THEIR LIVES THROUGH THE DEVELOPMENT OF SELF-RELIANCE, WHILE PROMOTING A CULTURE OF PEOPLE WORKING TOGETHER TO HELP THEMSELVES, ONE ANOTHER, AND THEIR COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,947,041

Program Service Revenue $2,016,155

Investment Income $-26,444

Other Revenue $25,010

TOTAL REVENUE $13,961,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,849,335

Fundraising Expenses $1,170

Program Expenses $11,234,425

Other Expenses $4,790,008

TOTAL EXPENSES $12,639,343

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,961,762	$18,210,133	-0.2%
Expenses	$12,639,343	$13,125,864	0.0%
Net Income	$1,322,419	$5,084,269	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

178

Volunteers

372

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$534,470

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT STARR	CHAIRPERSON	5.00	Officer Director	$0	$0	$0
JERRY SKRIVAN	CO-CHAIR	5.00	Officer Director	$0	$0	$0
GRACE NUCERO-ALGER	SECRETARY	5.00	Officer Director	$0	$0	$0
LAUREN CONRAD	TREASURER	5.00	Officer Director	$0	$0	$0
HOLLY ABBOTT	DIRECTOR	5.00	Director	$0	$0	$0
XANDRA ANGLE	DIRECTOR	5.00	Director	$0	$0	$0
JACKIE BRUNSCHMID	DIRECTOR	5.00	Director	$0	$0	$0
JAMES GREGORY	DIRECTOR	5.00	Director	$0	$0	$0
JULIEBETH HOLDREGE	DIRECTOR	5.00	Director	$0	$0	$0
JOSEPH GEHL	DIRECTOR	5.00	Director	$0	$0	$0
SHARON WELLS	DIRECTOR	5.00	Director	$0	$0	$0
MARK SILVANIC	EXECUTIVE DIRECTOR	35.00	Officer	$195,994	$25,405	$221,399
CHRISTINE MONSEN	C.F.O.	35.00	Officer	$139,053	$5,562	$144,615
KELLY ROBERTSON	DEPUTY DIRECTOR	35.00	Officer	$141,531	$26,925	$168,456

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$13,961,762	$12,639,343	$31,408,426	$1,322,419
2023	$18,210,133	$13,125,864	$29,739,140	$5,084,269
2022	$16,486,278	$10,714,622	$24,961,694	$5,771,656
2021	$13,099,153	$10,105,492	$18,390,918	$2,993,661
2020	$7,676,822	$7,546,679	$14,424,738	$130,143
2019	$6,376,407	$5,730,133	$2,299,882	$646,274
2019	$6,376,407	$5,730,133	$2,299,882	$646,274
2018	$5,502,254	$5,552,004	$1,883,015	$-49,750

GREATER OPPORTUNITIES FOR BROOME AND CHENANGO INC