OPPORTUNITIES INDUSTRIALIZATION OF WILSON INCORPORATED

EIN: 561100476 501(c)(3) Employment

Wilson, NC

Total Revenue
$1,291,961
Total Expenses
$1,347,205
Total Assets
$494,854
Net Assets
N/A
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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
1972
Legal Domicile
NC
Principal Officer
Gwen Burton
Phone
2522910038
Tax Period
2023-07-01 to 2024-06-30

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.

Mission

To aid surrounding communities by providing cost free services in the areas of job training and placement and health and family services.

Program Service Accomplishments

Program 1
Expenses: $864,251 Revenue: $864,251

Job training and job placement services: Free classes and support services to help families become self supporting.

Program 2
Expenses: $250,428 Revenue: $250,428

Health and Family Services: Free grass roots testing for communicable diseases in high-risk neighborhoods, in detention centers and at community events.

Program 3
Expenses: $0 Revenue: $0

Food and Nutrition services: Free community-wide food distribution to families at or below the federal poverty line. Program was suspended due to COVID-19 pandemic and has been rerouted to food...

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Food and Nutrition services: Free community-wide food distribution to families at or below the federal poverty line. Program was suspended due to COVID-19 pandemic and has been rerouted to food pantries.

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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 $1,291,961
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,291,961

Expense Breakdown

Grants Paid $0
Salaries & Benefits $712,388
Fundraising Expenses $0
Program Expenses $1,114,679
Other Expenses $634,817
TOTAL EXPENSES $1,347,205

Year-over-Year Comparison

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
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
13
Independent Members
13
Employees
17
Volunteers
13

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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
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