Opportunity Knocks Incorporated
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Empowers individuals with developmental disabilities to pursue educational, occupational, and social interests. For fiscal year 2024 it reported $1.4M in revenue, $1.5M in expenses, and $338K in net assets.Pt I
Summary of the Filing
Where the work happens
Social Enterprises
Social enterprise is a knockout brand which has three initiatives that aims to sustain meaningful and gainful vocational skill-building opportunities while also producing a revenue stream to support organization's operations. The enterprises include knockout pickles, knockout catering and knockout farm.
NEXT PHASE- Next Phase encompasses both in person and virtual programming for all of participants focusing on building life skills, health and wellness, community connections and vocational skills for participants that are 22 and up; as well as focussing on after social recreational programs geared towards participants that are 14 and up.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Philip Carmody’s $77K as President is at the 16th percentile of top reported officer pay among 3863 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Philip Carmody | $76,663 | $72,865 | $68,260 | $56,854 | $55,647 | $51,941 |
| Michael Carmody | $72,115 | $69,231 | $69,924 | $57,910 | $55,191 | $54,727 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 70% | — | — |
| Overhead ratio | 19% | — | — |
| Fundraising cost ratio | 25% | — | — |
| Revenue growth | 17% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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