RACINE COUNTY OPPORTUNITY CENTER INC

EIN: 391079237 501(c)(3) Human Services

Racine, WI

Total Revenue
$3,654,303
Total Expenses
$3,772,230
Total Assets
$1,217,601
Net Assets
$1,057,326
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
WI
Phone
2625546515
Tax Period
2023-01-01 to 2023-12-31

RACINE COUNTY OPPORTUNITY CENTER INC, founded in 1957, is a community nonprofit in the Human Services sector that reported $3.7M in total revenue in fiscal year 2023.

Mission

Our focus is on making short-term investments which will significantly improve the long-term well-being of our clients. We will measure our performance against these standards by continuously communicating with our clients, and will take immediate corrective action if we fall short.

Program Service Accomplishments

Program 1
Expenses: $1,345,897 Revenue: $109,780

The primary goal of the CDU is to identify disabilities/delays as early as possible and to intervene, thereby facilitating a child's maximum development. Studies show that early diagnosis and...

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The primary goal of the CDU is to identify disabilities/delays as early as possible and to intervene, thereby facilitating a child's maximum development. Studies show that early diagnosis and intervention make a difference in many disabilities. In addition, the program includes all aspects of the child's life in a attempt to enhance his/her developmental process. This approach encourages parents and family to become active participants in the child's program.

Program 2
Expenses: $943,543 Revenue: $148,555

Community Placement Program assists individuals with disabilities in finding competitive and independent employment. Individuals with developmental disabilities, mental illness, and displaced workers...

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Community Placement Program assists individuals with disabilities in finding competitive and independent employment. Individuals with developmental disabilities, mental illness, and displaced workers are given the opportunity and the means to find and retain employment with the assistance of professional staff specifically trained in the assistance of employment development. This is accomplished by carefully assessing the needs of each individual. The assessment may include each individual's capabilities, interests, educational background, talents, vocational training, and employment history. All of the qualities are taken into account by the Job Developer when assessing their needs to fulfill an employment opportunity that may be available.

Program 3
Expenses: $1,195,280 Revenue: $993,767

The Child Care Unit provides a full range of early childhood educational/day care services for children six weeks through twelve years of age under license of the State of Wisconsin. The spacious...

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The Child Care Unit provides a full range of early childhood educational/day care services for children six weeks through twelve years of age under license of the State of Wisconsin. The spacious, secure and pleasant facility features stimulating classrooms, large multipurpose room for gross motor development, fully equipped outside play yard. Infant and toddler child care in a stimulating environment which promotes early childhood development.

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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 $2,367,330
Program Service Revenue $1,252,102
Investment Income $10,208
Other Revenue $24,663
TOTAL REVENUE $3,654,303

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,192,343
Fundraising Expenses $5,642
Program Expenses $3,484,720
Other Expenses $579,887
TOTAL EXPENSES $3,772,230

Year-over-Year Comparison

2023 2022 Change
Revenue $3,654,303 $3,402,954 +0.1%
Expenses $3,772,230 $3,366,055 +0.1%
Net Income $-117,927 $36,899 -4.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
161
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
1
$153,334
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sheryl Hamilton Executive Director 40
Officer Highest
$153,334 $0 $153,334
Greg Barron President 1
Director
$0 $0 $0
Jim Kozina Secretary 1
Director
$0 $0 $0
Vic Long Treasurer 1
Director
$0 $0 $0
John Bjelajac Board Member 1
Director
$0 $0 $0
Theresa Bernhard Vice President 1
Director
$0 $0 $0
Don Nielsen Board Memeber 1
Director
$0 $0 $0
Ken Rusch Board Memeber 1
Director
$0 $0 $0
Freda Backley Board Member 1
Director
$0 $0 $0
Mary Kotleski Board Member 1
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
2024 No data No data No data No data
2023 $3,654,303 $3,772,230 $1,217,601 $-117,927
2022 $3,402,954 $3,366,055 $1,321,815 $36,899
2021 $3,486,444 $2,864,461 $1,276,621 $621,983
2020 $2,518,986 $2,733,140 $1,468,842 $-214,154
2019 $2,958,240 $2,948,069 $857,868 $10,171
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