Exceptional Opportunities Inc

EIN: 420953931 501(c)(3) Mental Health

Algona, IA

Total Revenue
$6,642,823
Total Expenses
$5,625,748
Total Assets
$10,116,885
Net Assets
$9,754,288
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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
IA
Principal Officer
Erin Schmidt
Phone
5153953251
Tax Period
2024-07-01 to 2025-06-30

Exceptional Opportunities Inc, founded in 1970, is a community nonprofit in the Mental Health sector that reported $6.6M in total revenue in fiscal year 2024. The organization ran a surplus of $1.0M, a strong 15% operating margin.

Mission

Providing licensed residential services, waiver-certified supported living services, and CARF accredited/waiver work/habilitative services to individuals with intellectual disabilities.

Program Service Accomplishments

Program 1
Expenses: $4,606,671 Revenue: $5,285,323

Individual Living - To provide contact hours of supervision and training in personal and home skills, advocacy skills, and community skills needed to support an individual with an intellectual...

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Individual Living - To provide contact hours of supervision and training in personal and home skills, advocacy skills, and community skills needed to support an individual with an intellectual disability in living safely in an apartment or home of his/her choice. These services are provided as needed to each individual, ranging from hourly services up to 24 hours daily, according to the rules and regulations set forth in Chapter 77.37 of the Iowa Administrative Code.

Program 2
Expenses: $389,176 Revenue: $430,051

To provide work and activity skills training in as nonrestrictive a manner as possible to mentally disadvantaged adults whose level of function places a severe impairment on their production...

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To provide work and activity skills training in as nonrestrictive a manner as possible to mentally disadvantaged adults whose level of function places a severe impairment on their production capabilities. The training furthers independence at homes and in the community while preparing them for participation in more advanced training programs.

Program 3
Expenses: $77,459 Revenue: $63,951

West Side Apartments - To provide independent living quarters for individuals meeting admissions qualifications as established to qualify as low income housing. North Iowa Regional Housing Authority...

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West Side Apartments - To provide independent living quarters for individuals meeting admissions qualifications as established to qualify as low income housing. North Iowa Regional Housing Authority regulates rent charges.

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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 $275,394
Program Service Revenue $5,779,325
Investment Income $266,424
Other Revenue $321,680
TOTAL REVENUE $6,642,823

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,950,373
Fundraising Expenses $688
Program Expenses $5,073,306
Other Expenses $675,375
TOTAL EXPENSES $5,625,748

Year-over-Year Comparison

2024 2023 Change
Revenue $6,642,823 $6,600,308 +0.0%
Expenses $5,625,748 $5,223,770 +0.1%
Net Income $1,017,075 $1,376,538 -0.3%
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
10
Independent Members
10
Employees
123
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
4
$115,331
Total Directors
11
$115,331
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Erin Schmidt Executive Dir. 45.00
Officer Director
$115,331 $0 $115,331
Judy Junkermeier President 2.00
Officer Director
$0 $0 $0
Bob Christian Secretary 2.00
Officer Director
$0 $0 $0
Lori Ludwig Director 2.00
Director
$0 $0 $0
Judy Weber Director 2.00
Director
$0 $0 $0
Walter Renger Director 2.00
Director
$0 $0 $0
Brien Rindone Director 2.00
Director
$0 $0 $0
Judy Haag Vice President 2.00
Officer Director
$0 $0 $0
Rebecca Lewis Director 2.00
Director
$0 $0 $0
Pam Cox Director 2.00
Director
$0 $0 $0
Ryan Habeger Director 2.00
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 $6,642,823 $5,625,748 $10,116,885 $1,017,075
2024 $6,600,308 $5,223,770 $9,003,455 $1,376,538
2023 $6,762,661 $5,402,499 $7,616,196 $1,360,162
2022 $6,331,856 $5,908,811 $6,292,076 $423,045
2021 $5,882,317 $5,352,888 $5,832,053 $529,429
2020 $6,358,966 $5,528,177 $5,403,941 $830,789
2019 $5,878,790 $5,901,992 $9,911,064 $-23,202
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