OPPORTUNITIES INDUSTRIALIZATION CENTERS OF AMERICA INC

EIN: 237109952 501(c)(3) Human Services

PHILADELPHIA, PA

Total Revenue
$8,221,164
Total Expenses
$12,604,492
Total Assets
$9,237,405
Net Assets
$5,358,343
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
PA
Principal Officer
LOUIS J KING II
Phone
2152364500
Tax Period
2024-07-01 to 2025-06-30

OPPORTUNITIES INDUSTRIALIZATION CENTERS OF AMERICA INC, founded in 1971, is a community nonprofit in the Human Services sector that reported $8.2M in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $12.6M exceeded revenue, resulting in a 53% operating deficit.

Mission

TO PROVIDE EDUCATION, TRAINING, AND EMPLOYMENT SERVICES IN PHILADELPHIA, PENNSYLVANIA, AND TO PROVIDE TECHNICAL ASSISTANCE TO AFFILIATED ORGANIZATIONS NATIONWIDE, THAT WILL ENABLE ECONOMICALLY DISADVANTAGED AND UNEMPLOYED PEOPLE OF ALL RACES AND BACKGROUNDS TO BECOME PRODUCTIVE AND MORE FULFILLED MEMBERS OF AMERICAN SOCIETY

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,382,366
Program Service Revenue $4,692,346
Investment Income $113,534
Other Revenue $32,918
TOTAL REVENUE $8,221,164

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,716,342
Fundraising Expenses $0
Program Expenses $11,401,048
Other Expenses $7,888,150
TOTAL EXPENSES $12,604,492

Year-over-Year Comparison

2024 2023 Change
Revenue $8,221,164 $17,551,240 -0.5%
Expenses $12,604,492 $12,495,950 +0.0%
Net Income $-4,383,328 $5,055,290 -1.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
52
Volunteers
N/A

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
3
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES TALTON CHAIR 1.00
Officer Director
$0 $0 $0
JACINDA ADAMS DIRECTOR 1.00
Director
$0 $0 $0
NICHOLE BARNES-MARSHALL DIRECTOR 1.00
Director
$0 $0 $0
REUBEN BLACKWELL DIRECTOR 1.00
Director
$0 $0 $0
JOYCE CHESTER DIRECTOR 1.00
Director
$0 $0 $0
GREG CUNNINGHAM DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM DIGGS DIRECTOR 1.00
Director
$0 $0 $0
ALLISON GREEN-JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
RONALD HARPER DIRECTOR 1.00
Director
$0 $0 $0
JOHN HOWE DIRECTOR 1.00
Director
$0 $0 $0
DIMITRIUS HUTCHERSON DIRECTOR 1.00
Director
$0 $0 $0
PIERCE KEATING DIRECTOR 1.00
Director
$0 $0 $0
JOE MCFERRIN II DIRECTOR 1.00
Director
$0 $0 $0
DELORES SHELTON DIRECTOR 1.00
Director
$0 $0 $0
PAUL SWEEN DIRECTOR 1.00
Director
$0 $0 $0
DR HERMAN WALKER DIRECTOR 1.00
Director
$0 $0 $0
REV ALYN WALLER DIRECTOR 1.00
Director
$0 $0 $0
LINDA WHITE DIRECTOR 1.00
Director
$0 $0 $0
KEITH WYCHE DIRECTOR 1.00
Director
$0 $0 $0
LOUIS J KING II PRESIDENT AND C.E.O. 37.50
Officer
$0 $0 $0
STEVEN THOMAS CHIEF OF STAFF 37.50
Officer
$0 $0 $0
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
2025 $8,221,164 $12,604,492 $9,237,405 $-4,383,328
2024 No data No data No data No data
2023 $13,587,422 $9,321,633 $7,925,111 $4,265,789
2022 $7,427,143 $7,528,192 $1,588,093 $-101,049
2021 $6,850,621 $6,883,598 $1,226,158 $-32,977
2020 $7,714,929 $7,614,945 $1,380,273 $99,984
2019 $6,726,381 $6,567,176 $1,333,566 $159,205
2018 $4,282,862 $4,084,375 $821,016 $198,487
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