ADVANCE OPPORTUNITIES

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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

1963

Legal Domicile

Principal Officer

ELIZABETH SCHEAR

Phone

5075377018

Tax Period

2023-01-01 to 2023-12-31

ADVANCE OPPORTUNITIES, founded in 1963, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $1.4M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO ADVANCE THE LIVES OF ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES THROUGH CREATIVE COMMUNITY PARTERNSHIPS, VOCATIONAL TRAINING AND EMPLOYMENT OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $997,328 Revenue: $770,795

EMPLOYMENT, VOCATIONAL TRAINING AND PERSON CENTERED SERVICES ARE PROVIDED FOR INDIVIDUALS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES THAT ARE GEARED TO MEET EACH PERSON'S INDIVIDUAL NEEDS...

EMPLOYMENT, VOCATIONAL TRAINING AND PERSON CENTERED SERVICES ARE PROVIDED FOR INDIVIDUALS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES THAT ARE GEARED TO MEET EACH PERSON'S INDIVIDUAL NEEDS, INTERESTS AND TALENTS.

Program 2

Expenses: $161,171 Revenue: $166,938

CLIENTS PERFORM A HOST OF EMPLOYMENT SERVICES INCLUDING COMMUNITY EMPLOYMENT, BUSINESS-CONTRACTED EMPLOYMENT AT ADVANCE OPPORTUNITIES, MANUFACTURING OF PRODUCTS SOLD TO THE COMMUNITY AND FEE-BASED...

CLIENTS PERFORM A HOST OF EMPLOYMENT SERVICES INCLUDING COMMUNITY EMPLOYMENT, BUSINESS-CONTRACTED EMPLOYMENT AT ADVANCE OPPORTUNITIES, MANUFACTURING OF PRODUCTS SOLD TO THE COMMUNITY AND FEE-BASED SERVICES FOR THE COMMUNITY. CLIENTS EARN WAGES AS A RESULT OF THEIR EMPLOYMENT SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $273,490

Program Service Revenue $888,055

Investment Income $19,432

Other Revenue $2,431

TOTAL REVENUE $1,183,408

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,092,009

Fundraising Expenses $0

Program Expenses $1,158,499

Other Expenses $313,398

TOTAL EXPENSES $1,405,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,183,408	$1,287,227	-0.1%
Expenses	$1,405,407	$1,508,754	-0.1%
Net Income	$-221,999	$-221,527	+0.0%

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

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

$100,271

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH SCHEAR	CEO	40.00	Officer	$100,271	$0	$100,271
PAUL GRAUPMANN	CHAIR	1.00	Officer Director	$0	$0	$0
RAY LOUWAGIE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARK BUSS	TREASURER	1.00	Officer Director	$0	$0	$0
BECKY BOT	SECRETARY	1.00	Officer Director	$0	$0	$0
GAYLE BOFFERDING	DIRECTOR	1.00	Director	$0	$0	$0
BETH VANDERPOEL	DIRECTOR	1.00	Director	$0	$0	$0
BEN BLOMME	DIRECTOR	1.00	Director	$0	$0	$0
ERIC LUTHER	DIRECTOR	1.00	Director	$0	$0	$0
SALMINI JAYASURIYA	DIRECTOR	1.00	Director	$0	$0	$0
BOBBI JO VANDENDRIESSCHE	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
2024	No data	No data	No data	No data
2023	$1,183,408	$1,405,407	$2,118,657	$-221,999
2022	$1,287,227	$1,508,754	$2,332,161	$-221,527
2021	$1,709,661	$1,208,653	$2,616,775	$501,008
2020	$1,139,358	$1,041,968	$2,212,116	$97,390
2019	$1,899,459	$1,641,326	$2,168,892	$258,133
2018	$1,783,787	$1,841,276	$1,927,389	$-57,489