OPPORTUNITY EDUCATION FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- OPPORTUNITY EDUCATION FOUNDATION (EIN 20-3244541)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-14
- IRS object ID
- 202501049349100135
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-14T14:50:19-07:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 230255225 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Steven L Christensen | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1940 S 200 W Unit 14 | AddressLine1Txt |
| City | Bountiful | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203244541 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Opportunity Education Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OPPO | BusinessNameControlTxt |
| Phone | 3039620025 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7901 Southpark Plaza | AddressLine1Txt |
| City | Littleton | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 801204505 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | J Joe Ricketts | PersonNm |
| Person Title | President and CEO | PersonTitleTxt |
| Phone | 3039620025 | PhoneNum |
| Signature | 2025-04-11 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Steven L Christensen | PreparerPersonNm |
| PTIN | P00007558 | PTIN |
| Phone | 5032605288 | PhoneNum |
| Preparation | 2025-04-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,975,302 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $5,760,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $61,453 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $61,453 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $61,453 | InterestOnSavingsAdjNetIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $5,821,453 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $61,453 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $61,453 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,483,514 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $1,483,514 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,483,514 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,976,793 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $1,976,793 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $1,976,793 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $119,869 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Adj Net Incm | $119,869 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $119,869 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $29,045 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $9,664 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Adj Net Incm | $9,664 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,664 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $910,785 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Adj Net Incm | $910,785 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $910,785 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $297,528 | TaxesRevAndExpnssAmt |
| Taxes Adj Net Incm | $196,315 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $196,315 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $1,790 | OccupancyRevAndExpnssAmt |
| Occupancy Adj Net Incm | $1,790 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $1,790 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $123,038 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Adj Net Incm | $123,038 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $123,038 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $6,055 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Adj Net Incm | $6,055 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $6,055 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $277,867 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Adj Net Incm | $99,689 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $287,494 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,235,948 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $4,927,512 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,115,317 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $821,574 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $821,574 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,057,522 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $4,927,512 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,936,891 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$236,069 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $61,453 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $6,211,371 | CashBOYAmt |
| Cash EOY | $5,975,302 | CashEOYAmt |
| Cash EOYFMV | $5,975,302 | CashEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land BOY | $18,072 | LandBOYAmt |
| Land EOY | $18,072 | LandEOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,229,443 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,993,374 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,975,302 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $6,229,443 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,993,374 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,229,443 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,993,374 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,229,443 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,993,374 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,229,443 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$236,069 | ExcessRevenueOverExpensesAmt |
| Subtotal | $5,993,374 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,993,374 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $854 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $854 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $854 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $1,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,500 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$1,500 | OriginalReturnOverpaymentAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $36 | EsPenaltyAmt |
| Overpayment | $610 | OverpaymentAmt |
| Applied To ES Tax | $610 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mark Simmons | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3039620023 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7901 Southpark Plaza Ste 206 | AddressLine1Txt |
| City | Littleton | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80120 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | ForeignAccountsQuestionInd |
| Foreign Country | TZ | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| J Joe Ricketts | ||||||||
| 7901 Southpark Plaza Suite 206 | Littleton | CO | 801204505 | Director, President and Treasurer | 4.00 | $0 | $0 | $0 |
| Alfred Levitt | ||||||||
| 7901 Southpark Plaza Suite 206 | Littleton | CO | 801204505 | Secretary and General Counsel | 2.00 | $0 | $0 | $0 |
| Todd M Ricketts | ||||||||
| 7901 Southpark Plaza Suite 206 | Littleton | CO | 801204505 | Director (Nonvoting) | 0.00 | $0 | $0 | $0 |
| Laura M Ricketts | ||||||||
| 7901 Southpark Plaza Suite 206 | Littleton | CO | 801204505 | Director (Nonvoting) | 0.00 | $0 | $0 | $0 |
| J Peter Ricketts | ||||||||
| 7901 Southpark Plaza Suite 206 | Littleton | CO | 801204505 | Director (Nonvoting) | 0.00 | $0 | $0 | $0 |
| Sylvie M Legere | ||||||||
| 7901 Southpark Plaza Suite 206 | Littleton | CO | 801204505 | Director (Nonvoting) | 0.00 | $0 | $0 | $0 |
| Manuel Mattke | ||||||||
| 7901 Southpark Plaza Suite 206 | Littleton | CO | 801204505 | Chief Innovation Officer | 40.00 | $1,483,514 | $0 | $15,500 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| James R Troupis | ||||||||
| 312 S Charles Avenue | Naperville | IL | 60540 | School Operations an | 40.00 | $181,114 | $0 | $19,041 |
| Kathrine Fuente | ||||||||
| 7395 W 14 Avenue | Hialeah | FL | 33014 | Director of School D | 40.00 | $149,445 | $4,622 | $0 |
| Martin Russell | ||||||||
| 11617 S 201st Street | Gretna | NE | 68028 | Director of Africa O | 40.00 | $140,723 | $22,809 | $6,788 |
| Mary Claire Moffitt | ||||||||
| 4276 S Sherman Street | Englewood | CO | 80113 | Director Product Str | 40.00 | $126,477 | $6,845 | $682 |
| Jolene L Zywica | ||||||||
| 102 Hawthorne Road | Pittsburgh | PA | 15221 | Chief Learning Offic | 40.00 | $148,691 | $16,805 | $7,799 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 12 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Fox Recruiting Group | |||||
| 737 Olive Way 3604 | Seattle | WA | 98101 | Recruiting/Headhunting services. | $100,000 |
| Gallup Inc | |||||
| 1001 Gallup Drive | Omaha | NE | 68102 | Custom Gallup poll/surveys. | $350,000 |
| Deel Inc | |||||
| 425 1st Street | San Francisco | CA | 94105 | Software development of software tools for teachers and Foundation. | $275,858 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Foundation makes grants to the Tanzanian International Nongovernmental Organization (INGO) also known as Opportunity Education Foundation. The grants fund operations of four or more secondary schools in Tanzania. The schools utilize the Foundations quest-based curriculum. | Description1Txt |
| Expenses1 | $821,574 | Expenses1Amt |
| Description2 | The Foundation develops, designs and creates quest-based learning system and related curriculm to be used and licensed to schools. Such system differs from current mainstream learning systems and is innovative and new. Currently, curriculum is used in two high schools in the US. | Description2Txt |
| Expenses2 | $5,115,317 | Expenses2Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,587,441 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,587,441 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $3,587,441 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $53,812 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,533,629 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $176,681 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,936,891 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $5,936,891 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,188,124 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,643,732 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $10,831,856 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,936,891 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $5,936,891 | RemainingDistriFromCorpusAmt |
| Total Corpus | $16,768,747 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $16,768,747 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $5,188,124 | ExcessFromYear2Amt |
| Excess From Year1 | $5,643,732 | ExcessFromYear1Amt |
| Excess From Current Year | $5,936,891 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2007-05-09 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $47,316 | Year1Amt |
| Year2 | $76,655 | Year2Amt |
| Year3 | $16,067 | Year3Amt |
| Total | $140,038 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $40,219 | Year1Amt |
| Year2 | $65,157 | Year2Amt |
| Year3 | $13,657 | Year3Amt |
| Total | $119,033 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,936,891 | CurrentYearAmt |
| Year1 | $5,643,732 | Year1Amt |
| Year2 | $5,188,124 | Year2Amt |
| Year3 | $5,342,300 | Year3Amt |
| Total | $22,111,047 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,936,891 | CurrentYearAmt |
| Year1 | $5,643,732 | Year1Amt |
| Year2 | $5,188,124 | Year2Amt |
| Year3 | $5,342,300 | Year3Amt |
| Total | $22,111,047 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year3 | $10,711 | Year3Amt |
| Total | $10,711 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | J Joe Ricketts | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Opportunity Education Foundation - A Tanzanian INGO | BusinessNameLine1Txt |
Recipient Foreign Address RecipientForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Shanty Town PO Box 7402 | AddressLine1Txt |
| Province Or State | Moshi | ProvinceOrStateNm |
| Country | TZ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | NC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Operate four or moresecondary schools in Tanzania usingFoundations curriculum. | GrantOrContributionPurposeTxt |
| Amt | $821,574 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $821,574 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $61,453 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $61,453 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $61,453 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 3 | LineNumberTxt |
| Relationship Statement | Interest on demand accounts used to support exempt purposes. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Citizens for Free Enterprise Action | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(c)(4) | OrganizationTypeDesc |
| Relationship Description | >25% Board Overlap | RelationshipDescriptionTxt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | J Joe Ricketts | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 607 Upper Hoback River Road | AddressLine1Txt |
| City | Bondurant | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 82922 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,760,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PayChex Payroll Service | CategoryTxt |
| Amt | $9,664 | Amt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Expenditure Responsibility Statement Various Dates, see attachment. | FormAndLineReferenceDesc |
| Medium Explanation | Recipients Name and Address:Recipients Name and Address:Recipients Name and Address:Recipients Name and Address:Recipients Name and Address:Recipients Name and Address:Recipients Name and Address:Recipients Name and Address:Recipients Name and Address:Recipients Name and Address:Recipients Name and Address: | MediumExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Bank Fees | $887 | $887 | $887 |
| Computer Expenses | $5,603 | $5,603 | $5,603 |
| Dues and Subscriptions | $81,595 | $81,595 | $81,595 |
| Employee Appreciation | $11,604 | $11,604 | $11,604 |
| Internet Advertising | $57,835 | $57,835 | |
| Miscellaneous cash expenditures | -$81 | -$81 | |
| Office Equipment | $1,261 | $1,261 | |
| Office Expenses | $6,317 | $6,317 | |
| Office Supplies | $5,058 | $5,058 | |
| Recruiting | $102,316 | $102,316 | |
| Shipping and Postage | $276 | $276 | |
| Student Equipment | $5,303 | $5,303 | |
| Supplies | $746 | $746 | |
| Website Maintenance and Development | $8,774 | $8,774 | |
| Accrual to Cash Accumulative Adjustment | -$9,627 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| Consulting Fees Consulting Fees | $906,510 |
| Contract Labor Contract Labor | $4,275 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise tax on executive comp | $101,213 | ||
| Federal Payroll | $176,797 | $176,797 | $176,797 |
| State Payroll | $13,922 | $13,922 | $13,922 |
| Fees and Licenses | $5,596 | $5,596 | $5,596 |
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