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Nonprofit · EIN 11-2934620

OPPORTUNITIES FOR A BETTER TOMORROW INC

Tax-exempt · BROOKLYN, NY 11232

Financials

$8M$7.5M2022$7M$6.8M2023$8.1M$7.9M2024
Revenue Expenses · by fiscal year end
Financials of OPPORTUNITIES FOR A BETTER TOMORROW INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,070,445$7,896,284$174,161$5,717,699$3,804,362$1,913,337
June 30, 2024990$7,001,200$6,779,432$221,768$5,483,605$3,744,429$1,739,176
June 30, 2023990$8,006,580$7,536,069$470,511$5,708,002$4,190,594$1,517,408
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,837,355
of which government grants
$6,403,555
Program service revenue
$0
Investment income
$1,910
Net income from fundraising events
$58,150
Other revenue
$231,180

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$327,418
Other salaries and wages
$2,851,325
Salaries, compensation and benefits (total)
$3,951,982
Professional fundraising fees
$0
Legal fees
$56,954
Accounting fees
$690,948
Occupancy
$754,189
Travel
$90,465
Depreciation
$125,380
Program services (functional)
$6,021,506
Management and general (functional)
$1,571,403
Fundraising (functional)
$303,375

Balance sheet and other

Total assets, start of year
$5,483,605
Total assets, end of year
$5,717,699
Total liabilities, end of year
$3,804,362
Net assets, end of year
$1,913,337
Land, buildings and equipment
$414,150
Net assets without donor restrictions
$1,457,819
Net assets with donor restrictions
$455,518
Gross receipts
$8,118,585
Employees
50
Volunteers
13
Year formed
1988
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
GREG RIDEOUTCO-CEO
Officer
35$160,000
EVELYN ORTIZCO-CEO
Officer
35$160,000
VINCENT CHIRICOCHAIRPERSON
Trustee or director, Officer
1$0
DAMIAN BIVONAMEMBER - RESIGNED JUNE 25
Trustee or director
1$0
GEHAN DABAREMEMBER - RESIGNED JUNE 25
Trustee or director
1$0
MARC GROSSVICE CHAIRPERSON
Trustee or director, Officer
1$0
JEFF HAOTREASURER
Trustee or director, Officer
1$0
NICOLAS YODERMEMBER
Trustee or director
1$0
FRANK MORIZIOMEMBER
Trustee or director
1$0
ALISON MULLERSECRETARY
Trustee or director, Officer
1$0
JENNY BAXIMEMBER - RESIGNED JAN 25
Trustee or director
1$0
BRIAN MIRTAMEMBER - RESIGNED JUNE 25
Trustee or director
1$0
CHRISTIAN ZEILER-MUNSOMEMBER
Trustee or director
1$0
CHRISTINE MORRISONMEMBER - RESIGNED FEB 25
Trustee or director
1$0
MAJORIE PARKERMEMBER
Trustee or director
1$0
4 more people on this return
NameTitleHours / weekCompensation
BLAKE HYATTMEMBER - JOINED JUNE 25
Trustee or director
1$0
STELLA CHANGMEMBER - JOINED JUNE 25
Trustee or director
1$0
ROMAN JACKSONMEMBER - JOINED JUNE 25
Trustee or director
1$0
RETHA FERNANDEZMEMBER - JOINED JUNE 25
Trustee or director
1$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensation
GREG RIDEOUTCO-CEO
Officer
35$160,000
EVELYN ORTIZCO-CEO
Officer
35$160,000
CARLA LICAVOLIFORMER COO
Highest-paid employee
35$145,000
AMRIKA FRANCISCOCPO
Highest-paid employee
35$140,000
VINCENT CHIRICOCHAIRPERSON
Trustee or director, Officer
1$0
DAMIAN BIVONAMEMBER
Trustee or director
1$0
GEHAN DABAREMEMBER
Trustee or director
1$0
MARC GROSSVICE CHAIRPERSON
Trustee or director, Officer
1$0
JEFF HAOTREASURER
Trustee or director, Officer
1$0
NICOLAS YODERMEMBER
Trustee or director
1$0
FRANK MORIZIOMEMBER
Trustee or director
1$0
ALISON MULLERSECRETARY
Trustee or director, Officer
1$0
JENNY BAXIMEMBER
Trustee or director
1$0
BRIAN MIRTAMEMBER
Trustee or director
1$0
CHRISTIAN ZEILER-MUNSOMEMBER
Trustee or director
1$0
990 for the year ended June 30, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
DARLENE WILLIAMSCEO (RESIGNED DURING YEAR)
Officer
35$273,121$0
CARLA LICAVOLICFO (RESIGNED DURING YEAR)
Officer
35$75,288$5,227
VINCENT CHIRICOCHAIRPERSON
Trustee or director, Officer
1$0$0
DAN MARKSVICE CHAIRPERSON (RESIGNED DURING YEAR)
Trustee or director, Officer
1$0$0
TAMARA DEWSSECRETARY (RESIGNED DURING YEAR)
Trustee or director, Officer
1$0$0
SASHA URQUIDITREASURER (RESIGNED DURING YEAR)
Trustee or director, Officer
1$0$0
DAMIAN BIVONAMEMBER
Trustee or director
1$0$0
GEHAN DABAREMEMBER
Trustee or director
1$0$0
MARC GROSSVICE CHAIRPERSON
Trustee or director
1$0$0
JILLIAN HOPMANMEMBER (RESIGNED DURING YEAR)
Trustee or director
1$0$0
JEFF HAOTREASURER
Trustee or director
1$0$0
DARRELLE SPEARSMEMBER (RESIGNED DURING YEAR)
Trustee or director
1$0$0
NICOLAS YODERMEMBER
Trustee or director
1$0$0
EVAN LEFOREMEMBER (RESIGNED DURING YEAR)
Trustee or director
1$0$0
FRANK MORIZIOMEMBER
Trustee or director
1$0$0
ALISON MULLERSECRETARY
Trustee or director
1$0$0
JENNY BAXIMEMBER
Trustee or director
1$0$0
BRIAN MIRTAMEMBER
Trustee or director
1$0$0
CHRISTIAN ZEILER-MUNSOMEMBER
Trustee or director
1$0$0
GREG RIDEOUTCO-CEO
Officer
35$0$0
EVELYNCO-CEO
Officer
35$0$0

Address and contacts

Address (IRS master file)
882 3RD AVE SUITE 10-10NE UNIT 18, BROOKLYN, NY 11232-1902
Principal officer (990 for 2024)
GREG RIDEOUT, 882 3RD AVE SUITE 10-10NE UNIT 18, BROOKLYN, NY 11232
Signed the 990
GREG RIDEOUT, CEO
Phone
(718) 369-0303
Return prepared by
MENGEL METZGER BARR & CO LLP

Mission

TO BREAK THE CYCLE OF POVERTY AND INEQUITY THROUGH EDUCATION, JOB TRAINING AND EMPLOYMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • YOUTH EMPLOYMENT AND TRAINING - HELP YOUNG ADULTS BETWEEN THE AGES OF 18 AND 30 WHO EITHER LEFT SCHOOL PRIOR TO OR UPON GRADUATION TO GET THE NEEDED SKILLS FOR AN ENTRY-POSITION LEVEL. OVER 400 PEOPLE WERE SERVED BY THIS PROGRAM.
    Expenses $4,253,020
  • ADULT LITERACY - ASSIST INDIVIDUALS 18+ YEARS OF AGE WITH ESOL AND HSE CLASSES
    Expenses $1,768,486

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-2934620
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,717,699
Income (IRS master file)
$8,118,585

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,070,445$7,896,284$5,717,699IRS
990June 2024$7,001,200$6,779,432$5,483,605IRS
990June 2023$8,006,580$7,536,069$5,708,002XML
990June 2022$7,280,955$7,781,072$2,362,813IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2934620).

Questions about OPPORTUNITIES FOR A BETTER TOMORROW INC

What is the EIN of OPPORTUNITIES FOR A BETTER TOMORROW INC?
The employer identification number (EIN) of OPPORTUNITIES FOR A BETTER TOMORROW INC is 11-2934620.
Is OPPORTUNITIES FOR A BETTER TOMORROW INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to OPPORTUNITIES FOR A BETTER TOMORROW INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OPPORTUNITIES FOR A BETTER TOMORROW INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OPPORTUNITIES FOR A BETTER TOMORROW INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OPPORTUNITIES FOR A BETTER TOMORROW INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OPPORTUNITIES FOR A BETTER TOMORROW INC?
The 990 for the year ended June 30, 2025 names GREG RIDEOUT.
Who are the officers and directors of OPPORTUNITIES FOR A BETTER TOMORROW INC?
The 990 for the year ended June 30, 2025 lists 19 people; 2 received compensation from the organization, the highest $160,000 (GREG RIDEOUT, CO-CEO).
How much revenue does OPPORTUNITIES FOR A BETTER TOMORROW INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,070,445, expenses of $7,896,284 and total assets of $5,717,699 at year end.

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