Opportunity Place INC

Tax-deductible

Ft Walton Bch, FL501(c)(3)HousingEIN 47-4430255Revenue $448K in FY2025

On file with the IRSopifwb.org305 Lovejoy Rd Nw, 32548-3420 · Ft Walton Bch, FLTax-exempt since Jul 2015Publicly supported charity — 170(b)(1)(A)(vi)

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To help homeless women and families achieve self sufficiency.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 84 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$86K
to officers and key staff · 18% of spending
Top officer’s pay higher than 54% of similar orgs
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $157K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6K
1.0% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$448K
+2% vs prior year
Spent
$486K
To programs
92%
Net assets
$638K
By yearFY2020–FY2025
Revenue
$448K
FY2025▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$410K
FY2021$655K
FY2022$683K
FY2023$439K
FY2024$441K
FY2025$448K
Expenses
$486K
FY2025▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$531K
FY2021$453K
FY2022$662K
FY2023$516K
FY2024$442K
FY2025$486K
Net assets
$638K
FY2025▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$577K
FY2021$741K
FY2022$738K
FY2023$677K
FY2024$676K
FY2025$638K

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $449K Management & general 8% · $37K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $86K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$63,649Pt VII · Sec A
Executive Director
$21,888Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Fiona Devenney’s $64K as Executive Director is at the 54th percentile of top reported officer pay among 851 $100K–1M housing 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Fiona Devenney$63,649$58,500$58,400$38,192—
Katie Cochran————$62,114
Balon Loften$21,888————

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.

See Opportunity Place INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers homeless women and families to become self-sufficient.

Provided by the organization

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1 program · $449K · in their own filed words · FY2024
01

Helping homeless women and families achieve self sufficiency by providing shelter and supportive services.

$449Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 5 grants · $221K · 2019–2024
Unitemized GrantFY2024$38,058
Unitemized GrantFY2023$43,444
Unitemized GrantFY2022$52,571
Unitemized GrantFY2021$30,799
Stepping Stones Village INCFL · FY2019$56,217

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$448K
Ln 12
Gifts and grantsLn 1h$388K
Other incomeLn 4–11$56K
Investment incomeLn 3$4K
Money outPt IX
$486K
Ln 25
Programscol B$449K
Managementcol C$37K
Owns and owesPt X
$638K
net assets · Ln 32
Cash and savingsLn 1–2$147K
Total assetsLn 16$644K
LiabilitiesLn 26$6K
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$388K
Government grantsLn 1e$127K
Noncash giftsLn 1g$38K
Investment incomeLn 3$4K
Other incomeLn 4–11$56K
Total revenueLn 12$448K
Assets in detailPt X, end of year
CashLn 1$86K
SavingsLn 2$61K
Cash and savings togetherLn 1–2$147K
Land, buildings, equipmentLn 10c$467K
Other assetsLn 15$2K
Total assetsLn 16$644K
LiabilitiesLn 26$6K
Net assetsLn 32$638K
OperationsPt I, VI
EmployeesI 55
VolunteersI 684
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$162K$147K
Land, buildings, equipmentLn 10c$491K$467K
Total assetsLn 16$680K$644K
LiabilitiesLn 26$4K$6K
Net assetsLn 32$676K$638K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$38K$38K
Pay of current officers, directors and key staffLn 5$69K$69K
Other salaries and wagesLn 7$150K$127K$23K
Payroll taxesLn 10$23K$20K$3K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$600$600
Office expensesLn 13$6K$6K
Depreciation, depletion and amortizationLn 22$24K$24K
Other expenses (24a–d)Ln 24$158K$152K$6K
All other expensesLn 24e$9K$9K
Total functional expensesLn 25$486K$449K$37K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $448K$486K−$38K$638K 990 PDF
FY2024 $441K$442K−$1K$676K 990 PDF
FY2023 $439K$516K−$77K$677K 990 PDF
FY2022 $683K$662K$21K$738K 990 PDF
FY2021 $655K$453K$203K$741K 990 PDF
FY2020 $410K$531K−$121K$577K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $448,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $385,493$387,978
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2,240$3,642
I-11 Other revenuePrior year $52,823$56,380
I-12 Total revenuePrior year $440,556$448,000
I-13 Grants and similar amounts paidPrior year $43,444$38,058
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $228,073$240,976
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $170,391$207,117
I-18 Total expensesPrior year $441,908$486,151
I-19 Revenue less expensesPrior year −$1,352−$38,151
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $448,000 across 7 lines filed
VIII-1e Government grants$127,446
VIII-1f All other contributions, gifts and grants$260,532
VIII-1g Noncash contributions (included above)$38,058
VIII-1h Total contributions, gifts and grants$387,978
VIII-3 Investment incomeExcluded from tax $3,642$3,642
VIII-8 Net income from fundraising eventsExcluded from tax $56,380$56,380
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $60,022$448,000
Part IX · Statement of functional expenses $486,151 across 10 lines filed
IX-2 Grants to domestic individualsPrograms $38,058$38,058
IX-5 Pay of current officers, directors and key staffPrograms $68,697$68,697
IX-7 Other salaries and wagesPrograms $127,042 · Management $22,734$149,776
IX-10 Payroll taxesPrograms $19,837 · Management $2,666$22,503
IX-11c Accounting feesPrograms $9,900$9,900
IX-11g Other fees for servicesPrograms $600$600
IX-13 Office expensesManagement $5,555$5,555
IX-22 Depreciation, depletion and amortizationPrograms $23,904$23,904
IX-24 Other expenses (24a–d)Programs $151,685 · Management $6,355$158,040
IX-24e All other expensesPrograms $9,118$9,118
IX-25 Total functional expensesPrograms $448,841 · Management $37,310 · Fundraising $0$486,151
Part X · Balance sheet $643,971 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $80,046$85,859
X-2 Savings and temporary cash investmentsStart of year $82,074$60,716
X-4 Accounts receivableStart of year $15,360$18,717
X-9 Prepaid expenses and deferred chargesStart of year $8,764$8,725
X-10c Land, buildings and equipment, netStart of year $491,371$467,467
X-15 Other assetsStart of year $2,487$2,487
X-16 Total assetsStart of year $680,102$643,971
X-17 Accounts payable and accrued expensesStart of year $4,299$6,319
X-26 Total liabilitiesStart of year $4,299$6,319
X-27 Net assets without donor restrictionsStart of year $675,803$616,344
X-28 Net assets with donor restrictions$21,308
X-32 Total net assets or fund balancesStart of year $675,803$637,652
X-33 Total liabilities and net assetsStart of year $680,102$643,971
Part XI · Reconciliation of net assets $637,652 net assets at year end
XI-1 Total revenue$448,000
XI-2 Total expenses$486,151
XI-3 Revenue less expenses−$38,151
XI-4 Net assets at start of year$675,803
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$637,652

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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