2025-02-03T14:54:33-06:00 2024-06-30 020458972 MEDAGLIA & CO INC 23 EAST PEARL STREET NASHUA NH 03060 990 2023-07-01 222478687 OPPORTUNITY NETWORKS INC OPPO 6038834402 11 CALDWELL DRIVE AMHERST NH 03031 RONALD MORELLI EXECUTIVE DIRECTOR 6038834402 2025-02-03 1 0 THOMAS A MEDAGLIA JR P00005825 6038894411 2025-02-03 2023 2025-03-06 01:10:19Z RONALD MORELLI 2978348 0 X HTTP://WWW.OPPORTUNITYNETWORKS.ORG/ X 1984 NH THE AGENCY PROVIDES LIFE SKILLS AND JOB TRAINING TO ADULTS WHO LIVE WITH ACQUIRED & DEVELOPMENTAL DISABILITIES PRIMARILY IN SOUTHERN NEW HAMPSHIRE. 9 9 115 33 0 0 371914 194561 2407147 2708470 222 9737 19469 15779 2798752 2928547 88845 80179 0 0 2269717 2182650 0 0 8850 688265 511231 3046827 2774060 -248075 154487 2162124 2262631 464095 410115 1698029 1852516 X THE AGENCY PROVIDES LIFE SKILLS AND JOB TRAINING TO ADULTS WHO LIVE WITH ACQUIRED & DEVELOPMENT DISABILITIES PRIMARILY IN SOUTHER NEW HAMPSHIRE. 0 0 2322650 76099 2658349 DAY HABILITATION SUPPORT EMPLOYMENT - TO PROVIDE REHAB AND JOB TRAINING FOR ANDICAPPED ADULTS FOR THE LONG TERM CARE & SUPPORT. IT ALSO PROVIDES LIFE SKILLS FOR THE INDIVIDUAL'S INDEPENDENCE. THE ORGANIZATION PROVIDED SERVICES TO 100 CONSUMERS DURING THE YEAR. 79255 57375 VOCATIONAL REHAB SERVICES - TO PROVIDE JOB DEVELOPMENT AND PLACEMENT FOR PHYSICALLY AND MENTALLY CHALLENGED INDIVIDUALS. THE ORGANIZATION PROVIDED JOB PLACEMENT FOR 55 CONSUMERS DURING THE YEAR. 27008 4080 WORKSHIP - APPRENTICESHIP TRAINING PROGRAM IN THE BUILDING TRADES FOR RECENT HIGH SCHOOL GRADUATES WHO DUE TO COGNITIVE, SOCIAL, OR SOCIO-ECONOMIC CHALLENGES IMPEDE THEIR ABILITY TO PROCURE GAINFUL EMPLOYMENT. 29286 29286 2458199 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 115 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NH X THE ORGANIZATION 6038834402 11 CALDWELL DR AMHERST NH 03031 BUD ABBOTT DIRECTOR 0.50 X 0 0 0 JOHN DINKEL DIRECTOR 0.25 X 0 0 0 KEITH JONES DIRECTOR 0.50 X 0 0 0 MARK CONSTABLE DIRECTOR 0.50 X 0 0 0 STEVEN DESMARAIS DIRECTOR 0.25 X 0 0 0 JAMES STRATTON PRESIDENT 2.00 X X 0 0 0 ROBERT YOUNG VICE PRESIDENT 0.50 X X 0 0 0 STEPHEN KNOTT SECRETARY 0.50 X X 0 0 0 TOM QUINN TREASURER 0.25 X X 0 0 0 RONALD MORELLI EXECUTIVE DIRECTOR 40.00 X 126974 0 24024 126974 0 24024 1 0 1 0 0 83502 93409 17650 194561 INSURANCE BILLING 624310 1845673 1845673 AREA AGENCY FEES 624310 756124 756124 OTHER PROGRAMS 624310 57375 57375 CLIENT PRODUCTION SERV 624310 26741 26741 PRIVATE PAY 624310 22557 22557 2708470 9737 9737 25655 83502 25655 0 32671 24146 8525 8525 OTHER REVENUE 900099 7254 7254 7254 2928547 2715724 0 18262 X 80179 80179 152422 68589 81546 2287 1505721 1449720 54354 1647 396789 350267 46522 127718 117094 10624 92982 92982 14877 14877 5229 5052 177 20370 16643 3496 231 6508 1595 228 4685 120197 114259 5938 13171 13121 50 3809 3809 29022 22473 6549 TRANSPORTATION 142879 141313 1566 CLIENT SERVICE WAGES 27203 27203 SUPPLIES 20354 19708 646 EQUIPMENT COSTS 4757 3434 1323 9873 8863 1010 2774060 2458199 307011 8850 1068446 1101146 51205 52387 6394 6394 137010 201372 13776 12798 1554564 802994 748329 751570 136964 136964 2162124 2262631 146650 119597 181564 154637 135881 135881 464095 410115 X 1678865 1833352 19164 19164 1698029 1852516 2162124 2262631 154487 0 X X 0 0 0 X 772338 1316818 442901 371914 194561 3098532 772338 1316818 442901 371914 194561 3098532 188201 2910331 11 19 12 222 9737 10001 5842 3558 3944 10834 7254 31432 3139965 0.92690 0.93710 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENTS-OTHER - 2019 AMOUNT: $ 5,842. 2020 AMOUNT: $ 3,558. 2021 AMOUNT: $ 3,944. 2022 AMOUNT: $ 10,834. 2023 AMOUNT: $ 7,254. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1287157 554883 732274 147254 130054 17200 120153 118057 2096 751570 SECURITY DEPOSITS 1518 OPERATING RIGHT OF USE ASSET 135446 136964 OPERATING LEASE LIABILITY 135881 135881 X PART X, LINE 2: THE FOLLOWING IS AN EXCERPT FROM NOTE 2 OF THE DRAFT FINANCIAL STATEMENTS: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODS (IRC) SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS, AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON THE NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX PROVISIONS UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, WHICH PROVIDES A FRAMEWORK FOR HOW ENTITIES SHOULD RECOGNIZE, MEASURE, PRESENT, AND DISCLOSE UNCERTAIN TAX POSITIONS IN THEIR FINANCIAL STATEMENTS. THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS REVIEWED THE ORGANIZATION'S REPORTING AND BELIEVES THEY HAVE NOT TAKEN TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO BE DETERMINED TO BE INCORRECT BY THE IRS AND, THEREFORE, NO ADJUSTMENTS OR DISCLOSURES ARE REQUIRED. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. GOLF TOURNAMENT 75886 55412 20474 3985 10873 5616 ABILITY 5K 8539 8539 5096 2 24732 19551 5181 85 109157 83502 25655 3985 10873 10797 25655 0 32671 13034 11112 1 1.00000 32671 13034 11112 24146 8525 NH 0 OPPORTUNITY NETWORKS PAYS AN UNRELATED ORGANIZATION, THAT IS LICENSED, TO HOST THE GAMING EVENT. ADDITIONALLY, OPPORTUNITY NETWORKS OBTAINS A TOWN PERMIT FOR THAT EVENT. 0 1 0 1.00000 LINDA JENNINGS 11 CALDWELL DRIVE AMHERST NH 03031 0 0 1 CASH GRANTS TO PAY FOR PROGRAMS, EDUCATION AND TRAINING 100 80179 0 PART I, LINE 2: QUALIFIED EDUCATIONAL, TRAINING, OR OTHER PROGRAMS ARE PAID DIRECTLY TO COVER THE COST OF THE APPLICABLE EXPENSES AFFILIATED WITH A MEMBERS PARTICIPATION AND/OR INVOLVEMENT. X 0 0 0 0 0 0 0 0 0 RONALD MORELLI EXECUTIVE DIRECTOR 126974 0 0 0 0 0 0 0 0 24024 126974 24024 0 0 FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: TO PROVIDE SUPPORTED EMPLOYMENT SERVICES TO INDIVIDUALS TO HELP MAINTAIN THEIR JOBS IN GAINFUL EMPLOYMENT. ACTIVITY FEES SUPPLEMENT COSTS TO CONTRIBUTE TO THE LEARNING AND TEACHING OF LIFE SKILLS. EXPENSES $29,285. INCLUDING GRANTS OF $0. REVENUE $0. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND EXECUTIVE COMMITTEE REVIEW AND APPROVE THE RETURN BEFORE THE EXECUTIVE DIRECTOR SIGNS THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AND EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY STATEMENT ANNUALLY. THE ASSOCIATE DIRECTOR REVIEWS AND APPROVES ALL INVOICES FOLLOWED BY THE EXECUTIVE DIRECTOR REVIEWING THE APPROVED INVOICES TO ENSURE NO CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL AND EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S ANNUAL COMPENSATION. THE COMMITTEE REVIEWS SALARIES OF THE OTHER NON-PROFIT EXECUTIVE DIRECTORS AND HISTORICAL IMFORMATION IN DETERMINING THE SALARY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E TREATMENT SERVICES: PROGRAM SERVICE EXPENSES 4,754. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,754. CONSUMER EXPENSE: PROGRAM SERVICE EXPENSES 2,970. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,970. MEMBERSHIP PROGRAM: PROGRAM SERVICE EXPENSES 1,139. MANAGEMENT AND GENERAL EXPENSES 1,010. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,149. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WE HEREBY SUBMIT THIS STATEMENT TO PROVIDE AN EXPLANATION FOR THE LATE FILING OF OUR 990 FOR THE TAX YEAR ENDING JUNE 20, 2024. WE REQUEST THE IRS CONSIDER THIS EXPLANATION AS REASONABLE CAUSE FOR THE DELAY AND ABATE ANY PENALTIES ASSOCIATED WITH THE LATE FILING.AS A REULT OF UNFORESEEN EVENTS, WE WERE UNABLE TO GATHER THE NECESSARY INFORMATION AND COMPLETE THE EXTENSION BY THE DUE DATE. UPON REALIZING OUR ERROR ONE DAY AFTER THE EXTENSION DEADLINE WE ATTEMPTED TO FILE THE EXTENSION ELECTRONICALLY BUT THE EFILE SYSTEM DENIED THIS ATTEMPT. INSTEAD, WE FILED BY MAIL ONE DAY LATER THAN THE REQUIRED FILING DATE.WE RESPECTFULLY REQUEST THE IRS WAIVE OR REDUCE ANY PENALTIES ASSOCIATED WITH THE LATE FILING OF OUR FORM 990 FOR 2023.