Wilson, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OPPORTUNITIES INDUSTRIALIZATION OF WILSON INCORPORATED, founded in 1972, is a community nonprofit in the Employment sector that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.
To substantially improve the quality of life for rural eastern North Carolina families at the bottom of the barrel. All OIC Wilson services are provided for free. Structure: Founded in 1972 by Howard Jones, OIC in now led by attorney Robert A. Farris, Jr. of Farris & Thomas Law, who serves as a volunteer Chairman and President. The all-volunteer Board of Directors has 13 members and meets bi-monthly. Two Board Members are former OIC Wilson trainees. Experience: OIC Wilson has successfully administered state, federal and local awards within the scope of education, vocational education, workforce development, including services to offenders, veterans, homeless populations and the unemployed. We enjoy a 28+ year history of clean audits. The program enjoys strong community support, including support from our OIC Wilson alumni base.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,291,961 | $1,124,717 | +0.1% |
| Expenses | $1,347,205 | $1,124,717 | +0.2% |
| Net Income | $-55,244 | $0 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Robert A Farris Jr | Chairman and President | 10 |
Officer
|
$0 | $0 | $0 |
| Carol Alexander | Vice Chair | 1 |
Officer
|
$0 | $0 | $0 |
| Jean W Jones | Treasurer | 5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,291,961 | $1,347,205 | $494,854 | $-55,244 |
| 2023 | $1,124,717 | $1,124,717 | $414,400 | No data |
| 2022 | $954,231 | $887,200 | $267,678 | $67,031 |
| 2020 | $1,289,240 | $1,132,961 | $590,954 | $156,279 |
| 2019 | $985,343 | $847,234 | $329,545 | $138,109 |
| 2018 | $928,426 | $865,722 | $176,402 | $62,704 |
Compare OPPORTUNITIES INDUSTRIALIZATION OF WILSON INCORPORATED with other nonprofits in North Carolina and across the country.