ECONOMIC OPPORTUNITY CENTER

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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

2021

Legal Domicile

Principal Officer

DON OGLESBY

Phone

8645464635

Tax Period

2025-01-01 to 2025-12-31

ECONOMIC OPPORTUNITY CENTER, founded in 2021, is a small nonprofit in the Human Services sector that reported $439K in total revenue in fiscal year 2025. The organization ran a surplus of $193K, a strong 44% operating margin.

Mission

THE OPPORTUNITY CENTER SEEKS TO MITIGATE THE SKILLS GAP THAT EXISTS BETWEEN THE WORKFORCE AND EMPLOYERS, AS WELL AS PREPARE THE WORKFORCE AND GROWING ENTREPRENEURS TO PARTICIPATE IN THE LOCAL ECONOMIC SYSTEMS, WHILE CREATING NEW SYSTEMS THAT PROMOTE SOCIAL ENTERPRISE.

Program Service Accomplishments

Program 1

Expenses: $209,211 Revenue: $402,411

THE OPPORTUNITY CENTER OPERATES AS A CAREER AND PERSONAL FINANCE SERVICE CENTER; PROVIDING EMPLOYMENT AND CAREER COUNSELING, ONE ON ONE FINANCIAL COACHING AND EDUCATION, AND LOW-COST FINANCIAL...

THE OPPORTUNITY CENTER OPERATES AS A CAREER AND PERSONAL FINANCE SERVICE CENTER; PROVIDING EMPLOYMENT AND CAREER COUNSELING, ONE ON ONE FINANCIAL COACHING AND EDUCATION, AND LOW-COST FINANCIAL PRODUCTS THAT BUILD CREDIT, SAVINGS AND ASSETS. INTEGRATED OR "BUNDLED" SERVICES LEAD TO CONCRETE GAINS IN NET INCOME AND JOB RETENTION. ADDITIONALLY, LONG TERM JOB RETENTION - HOLDING A JOB FOR A YEAR OR MORE - ALMOST DOUBLES WHEN FINANCIAL COACHING REINFORCES THE WORK OF EMPLOYMENT COUNSELING.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $402,411

Investment Income $0

Other Revenue $37,088

TOTAL REVENUE $439,499

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $209,742

Other Expenses $246,755

TOTAL EXPENSES $246,755

Year-over-Year Comparison

	2025	2024	Change
Revenue	$439,499	$416,183	+0.1%
Expenses	$246,755	$232,066	+0.1%
Net Income	$192,744	$184,117	+0.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOROTHEA BERNIQUE	VICE CHAIR	1.00	Director	$0	$0	$0
BERNIE MAZYCK	INTERIM CHAI	1.00	Director	$0	$0	$0
SEDRICK MCCALLUM	BOARD MEMBER	1.00	Director	$0	$0	$0
DON OGLESBY	TREASURER	1.00	Director	$0	$0	$0
MARGIE PIZARRO	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERYL REID	INTERIM SECR	1.00	Director	$0	$0	$0
AMBER ROOS	BOARD MEMBER	1.00	Director	$0	$0	$0
CEDRIC WELCH-MUHAMMAD	BOARD MEMBER	1.00	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	$439,499	$246,755	$198,304	$192,744
2024	No data	No data	No data	No data
2023	$328,190	$269,646	$52,589	$58,544
2022	$252,679	$200,655	$102,156	$52,024
2021	$253,359	$7,607	$233,329	$245,752