TRI-COUNTY OPPORTUNITIES INDUSTRIA… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

JAMEY CATER

Phone

7172387318

Tax Period

2023-07-01 to 2024-06-30

TRI-COUNTY OPPORTUNITIES INDUSTRIALIZATION CENTER INC, founded in 1966, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

OUR MISSION IS TO DELIVER HIGH QUALITY, LEARNER-FOCUSED EDUCATION AND TRAINING SERVICES. WE ACCOMPLISH THIS BY CAPITALIZING ON THE EXPERIENCE OF OUR STAFF, THE SUPPORT OF OUR PARTNERS, AND THE RESOURCES OF OUR COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $633,535

ADULT BASIC EDUCATION - THE ADULT BASIC EDUCATION (ABE) PROGRAM IS FOR STUDENTS WHO NEED TO IMPROVE THEIR BASIC READING, WRITING, MATHEMATICS, OR LIFE SKILLS. GENERAL EDUCATION DEVELOPMENT (GED) AND HISET TEST PREPARATION IS DESIGNED TO HELP STUDENTS WHO HAVE DROPPED OUT OF HIGH SCHOOL COMPLETE THE TESTS LEADING TO A HIGH SCHOOL EQUIVALENCY DIPLOMA. STUDENTS IN ADULT BASIC EDUCATION CLASSES TRANSITION INTO HIGHER EDUCATION, VOCATIONAL TRAINING OR EMPLOYMENT. STUDENTS WHOSE PRIMARY LANGUAGE IS NOT ENGLISH ARE ALSO SERVED UNDER THIS PROGRAM. THE ADULT BASIC EDUCATION CLASSES ARE FEDERALLY FUNDED.

Program 2

Expenses: $503,639

SOAR - THE SOAR PROGRAMS ARE FOCUSED ON TWO DIFFERENT AGE RANGES. SOAR 2 IS A REENTRY PROGRAM FOR ADULTS (18-24). SOAR 3 IS A REENTRY PROGRAM FOR ADULTS (25+). THE SOAR PROGRAM PROVIDES CAREER...

SOAR - THE SOAR PROGRAMS ARE FOCUSED ON TWO DIFFERENT AGE RANGES. SOAR 2 IS A REENTRY PROGRAM FOR ADULTS (18-24). SOAR 3 IS A REENTRY PROGRAM FOR ADULTS (25+). THE SOAR PROGRAM PROVIDES CAREER PATHWAY DEVELOPMENT BY OFFERING ACADEMIC, VOCATIONAL, AND WORK READINESS TRAINING. THE SOAR PROGRAM WORKS CLOSELY WITH THE JUDICIAL AND PRISON SYSTEMS TO IDENTIFY ELIGIBLE PARTICIPANTS WHO LIVE IN THE HARRISBURG AREA. THE SOAR PROGRAM PROVIDES CASE MANAGEMENT AND FOLLOW UP SERVICES TO SUPPORT A SUCCESSFUL TRANSITION INTO WORK, SKILLS TRAINING, AND HIGHER EDUCATION.

Program 3

Expenses: $270,813

ADULT LITERACY - THE ADULT LITERACY PROGRAM IS FOR STUDENTS WHO WANT TO IMPROVE THEIR BASIC READING, WRITING, MATHEMATICS, OR LIFE SKILLS. GENERAL EDUCATION DEVELOPMENT (GED)/HISET TEST PREPARATION IS DESIGNED TO HELP STUDENTS WHO HAVE DROPPED OUT OF HIGH SCHOOL COMPLETE THE TESTS LEADING TO A HIGH SCHOOL EQUIVALENCY DIPLOMA. STUDENTS IN ADULT LITERACY CLASSES ARE TRANSITIONING INTO HIGHER EDUCATION, VOCATIONAL TRAINING OR EMPLOYMENT. STUDENTS WHOSE PRIMARY LANGUAGE IS NOT ENGLISH ARE ALSO SERVED UNDER THIS PROGRAM. THE ADULT LITERACY CLASSES ARE STATE FUNDED.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,650,318

Program Service Revenue $4,330

Investment Income $137

Other Revenue $755

TOTAL REVENUE $1,655,540

Expense Breakdown

Grants Paid $0

Salaries & Benefits $724,044

Fundraising Expenses $4,202

Program Expenses $1,575,488

Other Expenses $952,761

TOTAL EXPENSES $1,676,805

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,655,540	$1,843,020	-0.1%
Expenses	$1,676,805	$1,837,567	-0.1%
Net Income	$-21,265	$5,453	-4.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$70,002

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR KIMEKA CAMPBELL PHD	INTERIM PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMEY CATER	TREASURER	1.00	Officer Director	$0	$0	$0
RAYMOND BENNETT	SECRETARY	1.00	Officer Director	$0	$0	$0
DR JILL BARTOLI	MEMBER	1.00	Director	$0	$0	$0
JANICE SNYDER CPA	MEMBER	1.00	Director	$0	$0	$0
CHRISTINA JOHNSON	EXECUTIVE DIRECTOR	45.00	Officer	$59,850	$10,152	$70,002

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	$1,655,540	$1,676,805	$562,945	$-21,265
2023	$1,843,020	$1,837,567	$202,758	$5,453
2023	$1,907,888	$1,978,340	$387,209	$-70,452
2022	$1,766,037	$1,718,420	$359,471	$47,617
2021	$1,460,282	$1,469,383	$349,932	$-9,101
2020	$1,515,045	$1,554,571	$269,064	$-39,526
2019	$1,532,027	$1,541,587	$311,335	$-9,560
2018	$1,271,812	$1,237,690	$185,487	$34,122

TRI-COUNTY OPPORTUNITIES INDUSTRIALIZATION CENTER INC