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Nonprofit · EIN 26-4758403

OPPORTUNITY KNOCKS

Tax-exempt · RIVER FOREST, IL 60305

Financials

$1.1M$1.1M2022$1.2M$1.4M2023$1.4M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of OPPORTUNITY KNOCKS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,382,697$1,523,138-$140,441$392,061$54,285$337,776
June 30, 2024990$1,178,758$1,415,212-$236,454$531,655$53,438$478,217
June 30, 2023990$1,069,605$1,063,856$5,749$735,548$20,877$714,671
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$666,600
of which government grants
$163,564
Program service revenue
$464,502
Investment income
$7,628
Net income from fundraising events
$243,967
Other revenue
$243,967

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$148,778
Other salaries and wages
$962,565
Salaries, compensation and benefits (total)
$1,253,127
Professional fundraising fees
$0
Occupancy
$37,000
Depreciation
$29,945
Program services (functional)
$1,071,492
Management and general (functional)
$285,765
Fundraising (functional)
$165,881

Balance sheet and other

Total assets, start of year
$531,655
Total assets, end of year
$392,061
Total liabilities, end of year
$54,285
Net assets, end of year
$337,776
Land, buildings and equipment
$89,608
Publicly traded securities
$124,614
Net assets without donor restrictions
$337,776
Gross receipts
$1,584,185
Employees
59
Volunteers
35
Year formed
2009
State of legal domicile
IL

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
PHILIP CARMODYPresident
Trustee or director, Officer
40$76,663
MICHAEL CARMODYExecutive Dir.
Trustee or director, Officer
40$72,115
HELEN KWANDirector
Trustee or director
5$0
CLAUDIA MARCINIAKDirector
Trustee or director
5$0
TOM MCSHANETreasurer
Trustee or director, Officer
3$0
KAREN HUNTERChairperson
Trustee or director, Officer
3$0
MICHELLE ANDERSONDirector
Trustee or director
1$0
TERRY BROWNSecretary
Trustee or director, Officer
1$0
RYAN FARELLDirector
Trustee or director
0$0
JONAS WHITEDirector
Trustee or director
2$0
WILLIAM FINNDirector
Trustee or director
1$0
SHERRY GINIDirector
Trustee or director
1$0
MIKE MCGARRYDirector
Trustee or director
1$0
JIM LENCIONIDirector
Trustee or director
1$0
GREG IGNOFFOVice Chairpersn
Trustee or director, Officer
1$0
3 more people on this return
NameTitleHours / weekCompensation
MIKE AL KARAKIDirector
Trustee or director
1$0
KETHRYN KENDALLDirector
Trustee or director
1$0
ZOE PHILPOTTSDirector
Trustee or director
1$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensation
PHILIP CARMODYPresident
Officer
40$72,865
MICHAEL CARMODYExecutive Dir.
Officer
40$69,231
HELEN KWANDirector
Trustee or director
5$0
CLAUDIA MARCINIAKDirector
Trustee or director
5$0
TOM MCSHANETreasurer
Trustee or director, Officer
3$0
KAREN HUNTERChairperson
Trustee or director, Officer
3$0
MICHELLE ANDERSONDirector
Trustee or director
1$0
TERRY BROWNSecretary
Trustee or director, Officer
1$0
RYAN FARELLDirector
Trustee or director
0$0
JONAS WHITEDirector
Trustee or director
2$0
WILLIAM FINNDirector
Trustee or director
1$0
SHERRY GINIDirector
Trustee or director
1$0
MIKE MCGARRYDirector
Trustee or director
1$0
JIM LENCIONIDirector
Trustee or director
1$0
GREG IGNOFFOVice Chairpersn
Trustee or director, Officer
1$0
MIKE AL KARAKIDirector
Trustee or director
1$0
KETHRYN KENDALLDirector
Trustee or director
1$0
ZOE PHILPOTTSDirector
Trustee or director
1$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensation
MICHAEL CARMODYExecutive Dir.
Officer
40$69,924
PHILIP CARMODYPresident
Officer
40$68,260
JOE MILBURNChairperson
Trustee or director, Officer
5$0
CLAUDIA MARCINIAKVice President
Trustee or director, Officer
5$0
TOM MCSHANETreasurer
Trustee or director, Officer
3$0
KAREN HUNTERSecretary
Trustee or director, Officer
3$0
MICHELLE ANDERSONDirector
Trustee or director
1$0
TERRY BROWNDirector
Trustee or director
1$0
JONAS WHITEDirector
Trustee or director
2$0
WILLIAM FINNDirector
Trustee or director
1$0
ANDREW MACGREGORDirector
Trustee or director
1$0
MIKE MCGARRYDirector
Trustee or director
1$0
JIM LENCIONIDirector
Trustee or director
1$0
GREG IGNOFFODirector
Trustee or director
1$0
MIKE AL KARAKIDirector
Trustee or director
1$0
TARA HARPERDirector
Trustee or director
1$0
ZOE PHILPOTTSDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
8020 MADISON ST, RIVER FOREST, IL 60305-2027
In care of
% JAMES M OROURKE
Mailing address (990-N for 2010)
53 W Jackson Blvd Ste 240, Chicago IL 60604
Principal officer (990 for 2024)
PHIL CARMODY
Principal officer (990-N for 2010)
Phil Carmody, 246 Washington Blvd 3AS, Oak Park IL 60302
Signed the 990
PHIL CARMODY, President
Phone
(708) 771-6159
Return prepared by
Wieland Wallace Inc

Mission

Opportunity Knocks is dedicated to enriching life and community. We exist to support people with intellectual and developmental disabilities as they live, work, learn, grow and connect within their community. We believe in a dynamic, person-centered, community-based approach to programming that engages the voice of all Warriors, thrives on interdependent connections, encourages exploration, centers on holistic wellness and fostering healthy relationships.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $1,071,492
  • 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.

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
26-4758403
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
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P82)
Assets (IRS master file)
$392,061
Income (IRS master file)
$1,584,185

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,382,697$1,523,138$392,061IRS
990June 2024$1,178,758$1,415,212$531,655XML
990June 2023$1,069,605$1,063,856$735,548XML
990June 2022$1,060,110$945,723$756,148IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2010
Officer: Phil Carmody
June 30, 2011≤ $50,000 receipts––e-Postcard

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 26-4758403).

Questions about OPPORTUNITY KNOCKS

What is the EIN of OPPORTUNITY KNOCKS?
The employer identification number (EIN) of OPPORTUNITY KNOCKS is 26-4758403.
Is OPPORTUNITY KNOCKS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to OPPORTUNITY KNOCKS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OPPORTUNITY KNOCKS 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 OPPORTUNITY KNOCKS 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 OPPORTUNITY KNOCKS 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 OPPORTUNITY KNOCKS?
The 990 for the year ended June 30, 2025 names PHIL CARMODY.
Who are the officers and directors of OPPORTUNITY KNOCKS?
The 990 for the year ended June 30, 2025 lists 18 people; 2 received compensation from the organization, the highest $76,663 (PHILIP CARMODY, President).
How much revenue does OPPORTUNITY KNOCKS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,382,697, expenses of $1,523,138 and total assets of $392,061 at year end.

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