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North Carolina · Nonprofit

WATAUGA OPPORTUNITIES INC

WATAUGA OPPORTUNITIES INC (North Carolina) receives grants from 2 organizations whose IRS filings report $128,091 to it, the largest being MARKETING ASSOCIATION FOR REHABILITATION CENTERS INC ($128,000). 2 of them have funded it in more than one year.

Revenue FY2025
$7.8M
Funders on record
2
Grants received
$128k
Net assets
$9.3M
2/2 repeat funderspeak grant-dependency 1%
01What it does

What Watauga Opportunities Inc does

Mission

Sheltered workshop/group homes

As stated on its FY2025 Form 990.

Programs

  1. Residential services: to provide community-based living and supports in traditional housing for individuals with developmental disabilities. Provided group home services in normalized community homes for 12 individuals including basic skills of daily living, nutrition, and other support services.

    $837,603 spent$170,768 earned by the program
    16% of program spending
  2. Community employment: evaluation, job devlopment, job training, and employment follow-along services for individuals with disabilities. 346 people were served in evaluation, job development, job training, and short & long term employment follow-along services. 65 individuals were placed in jobs.

    $1,220,342 spent$4,640,236 earned by the program
    23% of program spending
  3. Innovations: provides individualized one-on-one community based supports for individuals who would otherwise need institutional support. The program has provided up to 20 hours per week of one-on-one community based support for 15 individuals with disabilities.

    $94,827 spent$887,076 earned by the program
    2% of program spending
  4. Training/supports for individuals with disabilities and other barriers to employment and community involvement.

    $3,207,498 spent$1,356,966 earned by the program
    60% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,360,270.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.3M) Expenses 100 ($2.2M) Net assets 100 ($3.9M)2018 Revenue 113 ($2.6M) Expenses 111 ($2.5M) Net assets 104 ($4.0M)2019 Revenue 171 ($3.9M) Expenses 144 ($3.2M) Net assets 124 ($4.8M)2020 Revenue 156 ($3.6M) Expenses 168 ($3.7M) Net assets 121 ($4.7M)2021 Revenue 182 ($4.2M) Expenses 164 ($3.6M) Net assets 141 ($5.5M)2022 Revenue 212 ($4.9M) Expenses 199 ($4.4M) Net assets 145 ($5.6M)2023 Revenue 255 ($5.9M) Expenses 234 ($5.2M) Net assets 165 ($6.4M)2024 Revenue 296 ($6.8M) Expenses 263 ($5.8M) Net assets 197 ($7.6M)2025 Revenue 340 ($7.8M) Expenses 290 ($6.4M) Net assets 240 ($9.3M)
'17'18'19'20'21'22'23'24'25
Revenue (340)Expenses (290)Net assets (240)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $9.0M to $11M (+21%).

$4.1M
$4.3M
$5.2M
$5.5M
$6.0M
$6.2M
$7.3M
$9.0M
$11M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

9% of WATAUGA OPPORTUNITIES INC’s revenue is contributions — about as donation-reliant as the typical peer (16% for the typical peer).

This organization
Typical peer · 1,617 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$95k
’17
$151k
’18
$763k
’19
−$115k
’20
$580k
’21
$503k
’22
$687k
’23
$1.0M
’24
$1.4M
’25
9.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michael Maybee

President, CEO

Board chair

David Jackson

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed111011101010121011
Joined·+1+3+2+2+3+3+2+4
No longer listed·22323143
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $25 → $40k.

Funder
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
2
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WATAUGA OPPORTUNITIES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WATAUGA OPPORTUNITIES INC leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WATAUGA OPPORTUNITIES INC.

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of WATAUGA OPPORTUNITIES INC's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. $91 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WATAUGA OPPORTUNITIES INC runs a healthier operating margin than three-quarters of the 1,012 employment nonprofits its size.

Operating margin18% · top quartile
Months of reserve9.7mo · top quartile
Revenue growth (annualized)17% · top quartile

this organization peer median middle 50% of peers· 1,012 employment nonprofits $1M–$10M, FY2025

Organizations like WATAUGA OPPORTUNITIES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for WATAUGA OPPORTUNITIES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WATAUGA OPPORTUNITIES INC?
WATAUGA OPPORTUNITIES INC (North Carolina) receives grants from 2 organizations whose IRS filings report $128,091 to it, the largest being MARKETING ASSOCIATION FOR REHABILITATION CENTERS INC ($128,000). 2 of them have funded it in more than one year.
How many funders does WATAUGA OPPORTUNITIES INC have?
IRS filings report 2 organizations giving $128,091 in grants to WATAUGA OPPORTUNITIES INC, 2 of which have funded it in more than one year.
Who is the largest funder of WATAUGA OPPORTUNITIES INC?
MARKETING ASSOCIATION FOR REHABILITATION CENTERS INC is the largest funder on record, with $128,000 in grants. The full list of funders is on this page.
How can an organization like WATAUGA OPPORTUNITIES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Watauga Opportunities →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing