Advancing Opportunities

Advancing Opportunities, Inc. provides person-centered services 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 offers residential/community based support, advocacy, career development and family support.

 

Advancing Opportunities also operates the Assistive Technology Center (ATC), an online resource for people with disabilities, their families, teachers, and employers to identify and learn about assistive information and technology that will help meet their goals.

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Advancing Opportunities, Inc. provides person-centered services 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 offers residential/community based support, advocacy, career development and family support.

 

Advancing Opportunities also operates the Assistive Technology Center (ATC), an online resource for people with disabilities, their families, teachers, and employers to identify and learn about assistive information and technology that will help meet their goals.

Visit Affiliate Website
Year Founded
Joined Constellation
Location

610 Beverly Rancocas Road
Willingboro, NJ 08046
United States

Contact

Why an Inperium affiliation

Payroll

The team needed help consistently meeting payroll. Financial inconsistency had created an environment where several group homes were not able to serve at their full capacity, which further contributed to inconsistent income.

Debt

Large lines of credit and mortgages amounted to over $2.4 million in debt, which they were struggling to operate under.

Documentation Errors

The organization’s line of credit borrowing base certificates contained material errors and misstatements, while books of record were understating losses reported to the board. The team struggled to adapt to a fee-for-service model.

How Inperium helped

Stabilizing

Inperium offered the organization a loan to meet payroll needs and stabilize operations. Meanwhile, Advancing Opportunities voted to approve an interim management team provided by Inperium.

Securing a Path Forward

Inperium’s management team negotiated contract advances for the organization, further stabilizing their financial situation and setting them up for profitability.

Financial Independence

Management helped the organization meet the new fee-for-service model, and within a few months, Advancing Opportunities was creating enough cash flow to cover payroll and operating costs.

Process and steps

1

Inperium loaned the organization $400,000 to make payroll. Advancing Opportunities approved an interim management team provided by Inperium.

2

Inperium’s management team met with the State of New Jersey Division of Developmental Disabilities to request $350,000 in contract advances.

3

Inperium worked to right-size the organization to meet a new fee-for-service model, setting them up for future success and compliance.

4

By the end of the calendar year, Advancing Opportunities was financially stable, covering their own payroll and operating expenses.

Results

After affiliating with Inperium, Advancing Opportunities successfully negotiated the termination of two unnecessary leases, paid off lines of credit, loans, and mortgages, and settled all state advances, halving its total liabilities. They’ve been able to open three new group homes and one community-based apartment project to serve more people. Since 2021, Advancing Opportunities has increased revenues by over $3 million and net assets by over $2 million. The organization is now financially stable and serving the community according to their mission. 

The shared administration model that is central to an agency’s affiliation with Inperium—through Apis overseeing finance, IT, facilities, vehicles, insurance, and other business functions—allows executives to focus on relationships that lead to new business and development. 

 

Paul Ronollo MSW, LSW, Executive Director

- Advancing Opportunities