World of Opportunity

EIN: 752263245 501(c)(3) Human Services

Flower Mound, TX

Total Revenue
$744,437
Total Expenses
$802,523
Total Assets
$14,752
Net Assets
$14,752
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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
1990
Legal Domicile
TX
Principal Officer
Ralph Holland
Phone
9727402379
Tax Period
2023-01-01 to 2023-12-31

World of Opportunity, founded in 1990, is a small nonprofit in the Human Services sector that reported $744K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

World of Opportunity is an evangelical ministry that supports missionaries in the United States and around the world as they bring the Word of the Lord into peoples lives.

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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 $744,437
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $744,437

Expense Breakdown

Grants Paid $552,817
Salaries & Benefits $184,724
Fundraising Expenses $0
Program Expenses $775,406
Other Expenses $64,982
TOTAL EXPENSES $802,523

Year-over-Year Comparison

2023 2022 Change
Revenue $744,437 $834,814 -0.1%
Expenses $802,523 $855,509 -0.1%
Net Income $-58,086 $-20,695 +1.8%
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
4
Independent Members
3
Employees
8
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
3
$23,992
Total Directors
4
$47,992
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donna Holland Director 030.00
Director
$24,000 $0 $24,000
Ralph Holland President 040.00
Officer Director
$4,000 $19,992 $23,992
Paul Russell Vice President N/A
Officer Director
$0 $0 $0
Daniel Erickson Secretary N/A
Officer 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 $744,437 $802,523 $14,752 $-58,086
2022 $834,814 $855,509 $72,838 $-20,695
2021 $711,266 $735,949 $93,533 $-24,683
2020 $856,863 $789,882 $118,216 $66,981
2019 $817,601 $831,718 $51,235 $-14,117
2018 $929,924 $928,841 $65,352 $1,083
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