OPPORTUNITY KNOCKS INCORPORATED

EIN: 264758403 501(c)(3) Human Services

RIVER FOREST, IL

Total Revenue
$1,178,758
Total Expenses
$1,415,212
Total Assets
$531,655
Net Assets
$478,217
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IL
Principal Officer
PHIL CARMODY
Phone
7087716159
Tax Period
2023-07-01 to 2024-06-30

OPPORTUNITY KNOCKS INCORPORATED, founded in 2009, is a small nonprofit in the Human Services sector that reported $847K in total revenue in fiscal year 2018.

Mission

OPPortunity KNocks is a nonprofit organization dedicated to providing opportunities and resources for individuals with developmental disabilities so that they may puruse their educational, occupational and social interests.

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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 (2023)

Revenue Breakdown

Contributions & Grants $581,426
Program Service Revenue $414,956
Investment Income $11,037
Other Revenue $171,339
TOTAL REVENUE $1,178,758

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,177,503
Fundraising Expenses $150,962
Program Expenses $995,814
Other Expenses $237,709
TOTAL EXPENSES $1,415,212

Year-over-Year Comparison

2023 2022 Change
Revenue $1,178,758 $1,069,605 +0.1%
Expenses $1,415,212 $1,063,856 +0.3%
Net Income $-236,454 $5,749 -42.1%
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

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Governance

Voting Members
17
Independent Members
17
Employees
49
Volunteers
25

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
6
$142,096
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIP CARMODY President 40.00
Officer
$72,865 $0 $72,865
MICHAEL CARMODY Executive Dir. 40.00
Officer
$69,231 $0 $69,231
HELEN KWAN Director 5.00
Director
$0 $0 $0
CLAUDIA MARCINIAK Director 5.00
Director
$0 $0 $0
TOM MCSHANE Treasurer 3.00
Officer Director
$0 $0 $0
KAREN HUNTER Chairperson 3.00
Officer Director
$0 $0 $0
MICHELLE ANDERSON Director 1.00
Director
$0 $0 $0
TERRY BROWN Secretary 1.00
Officer Director
$0 $0 $0
RYAN FARELL Director 0.00
Director
$0 $0 $0
JONAS WHITE Director 2.00
Director
$0 $0 $0
WILLIAM FINN Director 1.00
Director
$0 $0 $0
SHERRY GINI Director 1.00
Director
$0 $0 $0
MIKE MCGARRY Director 1.00
Director
$0 $0 $0
JIM LENCIONI Director 1.00
Director
$0 $0 $0
GREG IGNOFFO Vice Chairpersn 1.00
Officer Director
$0 $0 $0
MIKE AL KARAKI Director 1.00
Director
$0 $0 $0
KETHRYN KENDALL Director 1.00
Director
$0 $0 $0
ZOE PHILPOTTS Director 1.00
Director
$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 No data No data No data No data
2024 $1,178,758 $1,415,212 $531,655 $-236,454
2023 $1,069,605 $1,063,856 $735,548 $5,749
2022 $1,060,110 $945,723 $756,148 $114,387
2021 $1,078,965 $867,558 $622,686 $211,407
2020 $1,061,026 $946,613 $541,146 $114,413
2019 $846,972 $875,759 $299,318 $-28,787
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