Corporate Analysis
- Company: Advancing Opportunities
- Founded: 1950
- Category: Non-Profit
- Location: Ewing, New Jersey
- Year of Affiliation: 2018
- Annual Revenue 17 Million
THIS IS WHO WE ARE
Advancing Opportunities, Inc., is a 501 (c) 3 non-profit organization providing services and supports to people with disabilities and their families so they can live independently. Recognized as one of the leading disability service providers in the state of New Jersey, the agency is committed to person-centered services delivered in the community. Advancing Opportunities, Inc. traces its roots to United Cerebral Palsy Associations of New Jersey, Inc., an organization formed by a group of parent advocates in 1950. Its mission was to help each other cope with the daily challenges their families faced having a member with a disability. In 2001, the agency changed its name to Cerebral Palsy of New Jersey. In 2008, the agency changed its name again to reflect the fact that it provides supports to people with all types of disabilities and creates a wide array of possibilities.
Advocacy
How We Helped and What were the Post Affiliation
Financial Actions & Results:
- Negotiated the termination of two unnecessary leases.
- Paid off the lines of credit $995,000.
- Paid off mortgages of $1,400,000.
- AO Repaid the $400,000 loan from Inperium.
- All State advances were settled.
- Opening three new group homes to increase revenues and serve the adult DDD population.
- Net Assets: Audited 9/30/2018= $2,715,280, Audited 9/30/ 2019= $1,268,737.Unaudited 9/30 2020= $1,747,223
- Today AO is viable financially and serving the population according to its mission.