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Nonprofiteer
← OPPORTUNITY VILLAGE FOUNDATION

Form 990 for tax year 2022

Filed by OPPORTUNITY VILLAGE FOUNDATION.

Totals

Total revenue
$19,943,702
Total expenses
$11,409,429
Contributions and grants received
$15,633,861
Grants paid
$6,003,722
Program service revenue
$0
Investment income
$4,309,841
Other revenue
$0
Total assets, end of year
$92,261,435
Total liabilities, end of year
$11,464,443
Net assets or fund balances, end of year
$80,796,992
Program services expenses (Part IX)
$6,003,722
Management and general expenses
$3,247,474
Fundraising expenses
$2,158,233
Program service expenses (Part III)
$6,003,722

Program services were 52.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $2,895,493

  • 1f · All other contributions, gifts and grants

    $12,738,368

  • 3 · Investment income

    total $2,829,080 · excluded $2,829,080

  • 7a · Gross sales of assets other than inventory

    securities $30,892,591

  • 7b · Less cost or other basis and sales expenses

    securities $29,411,830

  • 7c · Gain or loss

    securities $1,480,761

  • 7d · Net gain or loss

    total $1,480,761 · excluded $1,480,761

  • 8a · Fundraising events: gross income

    $622,714

  • 8a · Fundraising events: contributions included on line 1c

    $2,895,493

  • 8b · Fundraising events: direct expenses

    $622,714

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,003,722 · program services $6,003,722

  • 5 · Compensation of officers, directors and key employees

    total $205,055 · fundraising $205,055

  • 7 · Other salaries and wages

    total $3,210,490 · management and general $2,310,677 · fundraising $899,813

  • 8 · Pension plan contributions

    total $3,998 · fundraising $3,998

  • 9 · Other employee benefits

    total $100,294 · fundraising $100,294

  • 10 · Payroll taxes

    total $88,947 · fundraising $88,947

  • 11b · Fees: legal

    total $306 · management and general $306

  • 11c · Fees: accounting

    total $22,300 · management and general $22,300

  • 11e · Fees: professional fundraising services

    total $16,900 · fundraising $16,900

  • 11f · Fees: investment management

    total $279,297 · management and general $279,297

  • 11g · Fees: other

    total $256,063 · management and general $70,727 · fundraising $185,336

  • 12 · Advertising and promotion

    total $108,316 · fundraising $108,316

  • 13 · Office expenses

    total $95,949 · management and general $81,136 · fundraising $14,813

  • 16 · Occupancy

    total $128,276 · fundraising $128,276

  • 17 · Travel

    total $11,986 · fundraising $11,986

  • 19 · Conferences, conventions and meetings

    total $126,722 · fundraising $126,722

  • 20 · Interest

    total $446,696 · management and general $446,696

  • 22 · Depreciation, depletion and amortization

    total $99,303 · fundraising $99,303

  • 23 · Insurance

    total $135,394 · fundraising $135,394

  • 24a · Other expenses: UNCOLLECTIBLE ACCOUNTS

    total $36,335 · management and general $36,335

  • 24b · Other expenses: MISCELLANEOUS

    total $33,080 · fundraising $33,080

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,320,581 · end of year $662,819

  • 2 · Savings and temporary cash investments

    beginning of year $4,633,742 · end of year $14,203,874

  • 3 · Pledges and grants receivable

    beginning of year $5,968,268 · end of year $1,885,155

  • 7 · Other notes and loans receivable

    beginning of year $20,702

  • 8 · Inventories for sale or use

    beginning of year $10,665

  • 9 · Prepaid expenses and deferred charges

    beginning of year $67,305 · end of year $69,623

  • 10a · Land, buildings and equipment: cost or other basis

    $6,300,343

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,734,356

  • 10c · Land, buildings and equipment, net

    beginning of year $3,298,838 · end of year $3,565,987

  • 11 · Investments: publicly traded securities

    beginning of year $65,171,583 · end of year $71,631,059

  • 12 · Investments: other securities

    beginning of year $32,500

  • 14 · Intangible assets

    beginning of year $196,148 · end of year $182,699

  • 15 · Other assets

    beginning of year $429,780 · end of year $60,219

  • 17 · Accounts payable and accrued expenses

    beginning of year $113,923 · end of year $103,206

  • 19 · Deferred revenue

    beginning of year $135,199 · end of year $61,237

  • 20 · Tax-exempt bond liabilities

    beginning of year $12,100,000 · end of year $11,300,000

  • 27 · Net assets without donor restrictions

    beginning of year $41,246,423 · end of year $41,631,342

  • 28 · Net assets with donor restrictions

    beginning of year $28,554,567 · end of year $39,165,650

Mission and programs · 2022

Mission

OPPORTUNITY VILLAGE FOUNDATION RAISES FUNDS THROUGH VARIOUS FUNDRAISING EFFORTS, SUCH AS THE MAGICAL FOREST AND THE LAS VEGAS GREAT SANTA RUN. THESE FUNDS ARE USED TO SERVE PEOPLE OF NEVADA WITH INTELLECTUAL DISABILITIES, TO ENHANCE THEIR LIVES AND THE LIVES OF THEIR FAMILIES. CAPITAL CAMPAIGNS ARE UNDERTAKEN TO PROVIDE FACILITIES AND ONGOING OPERATING DOLLARS FOR THESE PROGRAMS.

Activities or mission (Part I)

OPPORTUNITY VILLAGE FOUNDATION RAISES FUNDS THROUGH VARIOUS FUNDRAISING EFFORTS, SUCH AS, THE MAGICAL FOREST AND THE LAS VEGAS GREAT SANTA RUN. THESE FUNDS ARE USED TO SERVE PEOPLE OF NEVADA WITH INTELLECTUAL DISABILITIES BY ENHANCING THEIR LIVES AND THE LIVES OF THEIR FAMILIES. CAPITAL CAMPAIGNS ARE UNDERTAKEN TO PROVIDE THE FACILITIES AND ONGOING OPERATING DOLLARS FOR THESE PROGRAMS.

  • OPPORTUNITY VILLAGE FOUNDATION PROVIDES MILLIONS OF DOLLARS EACH YEAR IN OPERATING SUBSIDIES FOR OPPORTUNITY VILLAGE THAT ENABLE OPPORTUNITY VILLAGE TO SERVE PEOPLE WITH INTELLECTUAL DISABILITIES BY PROVIDING VOCATIONAL TRAINING, COMMUNITY EMPLOYMENT, DAY SERVICES, ADVOCACY, AND ARTS AND SOCIAL RECREATION.

    Expenses $6,003,722 · Grants $6,003,722

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert Brown See Schedule O

    PRESIDENT &

    Total calculated
    $454,256
    From this org
    $0
    From related orgs
    $413,751
    Other
    $40,505
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    not reported + $347,750 related
    Bonus
    not reported + $66,001 related
    Other
    not reported
    Deferred
    not reported + $18,000 related
    Nontaxable benefits
    not reported + $22,505 related
    Filer's total
    not reported + $454,256 related

  • Stacy Ostrau

    VP OF PHILAN

    Total calculated
    $200,860
    From this org
    $189,158
    From related orgs
    $0
    Other
    $11,702
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,379
    Bonus
    $18,779
    Other
    not reported
    Deferred
    $2,000
    Nontaxable benefits
    $9,702
    Filer's total
    $200,860

  • Cathy Hanna See Schedule O

    CFO

    Total calculated
    $191,960
    From this org
    $0
    From related orgs
    $178,099
    Other
    $13,861
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    not reported + $160,338 related
    Bonus
    not reported + $17,761 related
    Other
    not reported
    Deferred
    not reported + $2,000 related
    Nontaxable benefits
    not reported + $11,861 related
    Filer's total
    not reported + $191,960 related

  • West Allen

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Curt Anderson

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • John Cannito

    2ND VICE CHA

    Total calculated
    $0
    Hours/week
    1

  • Jeff Cooper

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Mark Davis

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Sheila Delutri

    1ST VICE CHA

    Total calculated
    $0
    Hours/week
    1

  • Rob Dondero

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Lance Earl

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Robert Goldstein

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • John Grant

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Cherie Guzman

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Annemarie Jones

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Debra Mele-Blanchard

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • D Clifford Miller

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Mike Morrissey

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Scott Nielson

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • William Oakley

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Trevor Scherrer

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Thomas Thomas

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Missy Young

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3
COMPENSATION SURVEYS, WRITTEN CONTRACTS, APPROVAL BY BOARD OR COMPENSATION COMMITTEE, AND FORM 990 OF OTHER ORGANIZATIONS ARE ALL UTILIZED TO ESTABLISH COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 December 2023
IRS schema version
2022v5.0
Source object
202313499349301651

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