Opportunity Inc of Palm Beach County (EIN 590624429) - Form 990 Financial Analysis & Trantor Score

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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

1982

Legal Domicile

Principal Officer

PETER NICOLETTI

Phone

5617129221

Tax Period

2023-07-01 to 2024-06-30

Opportunity Inc of Palm Beach County, founded in 1982, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $3.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

Empowering the children of working families to achieve academic and life success through educational programs that embrace the whole child and through family programming.

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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 $1,529,860

Program Service Revenue $1,211,862

Investment Income $292,047

Other Revenue $0

TOTAL REVENUE $3,033,769

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,991,353

Fundraising Expenses $67,880

Program Expenses $3,054,552

Other Expenses $1,402,594

TOTAL EXPENSES $3,393,947

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,033,769	$3,387,718	-0.1%
Expenses	$3,393,947	$3,196,541	+0.1%
Net Income	$-360,178	$191,177	-2.9%

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

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

Total Directors

Key Employees

$132,344

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dora Pikounis	Director	2.00	Officer	$0	$0	$0
Alice Eger	Executive Director	45.00	Key Emp	$132,344	$0	$132,344
Adriana Schiappoli Burger	Director	2.00	Director	$0	$0	$0
Jennifer Lazzara	Director	2.00	Director	$0	$0	$0
Sam Dashiell	Director	2.00	Director	$0	$0	$0
Robin Remick	Secretary	2.00	Officer	$0	$0	$0
Bill Carroll	Director	2.00	Director	$0	$0	$0
Fabiana DesRosiers	Director	2.00	Director	$0	$0	$0
Gordon Anthony	Director	2.00	Director	$0	$0	$0
Peter Nicoletti	President	2.00	Officer Director	$0	$0	$0
Jennifer Lazzara	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	No data	No data	No data	No data
2024	$3,033,769	$3,393,947	$12,640,415	$-360,178
2023	$3,387,718	$3,196,541	$12,951,850	$191,177
2021	$3,078,164	$2,432,310	$14,004,781	$645,854
2020	$2,310,331	$2,480,294	$13,614,379	$-169,963
2019	$3,747,612	$2,075,126	$13,652,869	$1,672,486

Opportunity Inc of Palm Beach County