2024-08-15T10:12:51-05:00 2023-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 205 N MICHIGAN AVE 2800 CHICAGO IL 606015927 990 2022-10-01 364382506 OPPORTUNITY TRANSFORMATION INVESTMENTS INC OPPO 8007939455 101 N WACKER DR SUITE 1150 CHICAGO IL 60606 MARGARET TOMASIK CFO 8007939455 2024-08-13 1 1 MARK HEROUX P00959793 3127298000 2024-08-13 2022 2024-08-08 14:25:15Z ATUL TANDON 101 N WACKER DR SUITE 1150 CHICAGO IL 60606 441584 0 X WWW.OPPORTUNITY.ORG X 2000 IL TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS SERVING THE POOR. 5 5 0 6 0 0 0 300000 0 0 -522397 141584 0 0 -522397 441584 0 0 0 0 491150 257347 0 0 0 455263 271130 946413 528477 -1468810 -86893 26056405 26957329 305887 384760 25750518 26572569 TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS SERVING THE POOR. 0 0 528477 TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS SERVING THE POOR. 528477 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MARGARET TOMASIK CFO 3124875007 101 N WACKER DR SUITE 1150 CHICAGO IL 60606 ATUL TANDON PRESIDENT 3.00 60.00 X X 0 623944 38464 RANDY KURTZ EXECUTIVE VP, INT'L PROGRAMS 20.00 20.00 X 0 365691 39900 MARGARET TOMASIK TREASURER 1.00 55.00 X 0 260165 23798 MAURICIO AGUDELO RINCON VP, CORPORATE DEVELOPMENT 20.00 20.00 X 0 225349 32841 DAVID WIEGMAN SECRETARY & ASSISTANT TREASURER 1.00 55.00 X 0 209272 33847 DALE PATTERSON DIRECTOR 1.00 0.00 X 0 0 0 DAVE TOLMIE DIRECTOR 1.00 0.00 X 0 0 0 JAMES BERGMAN DIRECTOR 1.00 0.00 X 0 0 0 MARK THOMPSON DIRECTOR 1.00 0.00 X 0 0 0 MIKE PALMER DIRECTOR 1.00 0.00 X 0 0 0 0 1684421 168850 0 0 1 0 OPPORTUNITY INTERNATIONAL INC 101 N WACKER DR SUITE 1150 CHICAGO IL 60606 ADMINISTRATIVE SERVICES 128000 1 300000 300000 141584 141584 441584 0 0 141584 213099 213099 13218 13218 14770 14770 16260 16260 52778 52778 60567 60567 2764 2764 101 101 6482 6482 81 81 3000 3000 128000 128000 17160 17160 VAT TAXES 157 157 CURRENCY LOSS 40 40 528477 528477 0 0 10000 10000 24990127 26423524 1056278 523805 26056405 26957329 205887 231495 100000 100000 0 53265 305887 384760 X 25750518 26572569 25750518 26572569 26056405 26957329 -86893 908944 0 X X 0 1 X 1 0 X 625402 97494 300000 1022896 625402 97494 300000 1022896 1022896 657125 90411 32757 159984 141584 1081861 630447 7226 637673 2742430 0.37300 0.39140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT GROWING OPP FINANCE 55547 C INVESTMENT IN DIA VIKAS 3542199 C MINORITY INVESTMENT IN OBUL 4297167 C OTI MINORITY INVESTMENT IN OBS 8991139 C INVESTMENT IN OPP INT OISL (GHANA) 9537472 C 26423524 RECEIVABLE (PAYABLE) FROM OTHER AFFILIATE 53265 53265 X PART X, LINE 2: OTI HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC 740-10 FORMERLY KNOWN AS FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ONLY SIGNIFICANT TAX POSITION MANAGEMENT HAS IDENTIFIED IS THAT OF OTI'S TAX-EXEMPT STATUS. NO OTHER TAX POSITIONS, CERTAIN OR UNCERTAIN, HAVE BEEN IDENTIFIED. OTI'S U.S. OPERATIONS HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE DATED DECEMBER 21, 2000 INDICATING THAT OTI IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR CHARITABLE ACTIVITIES. PROGRAM INVESTMENTS - SOUTH ASIA 0 0 PROGRAM RELATED INVESTMENTS INVESTMENTS IN MICROFINANCE INSTITUTIONS 3597746 PROGRAM INVESTMENTS - SUB-SAHARAN AFRICA 0 0 PROGRAM RELATED INVESTMENTS INVESTMENTS IN MICROFINANCE INSTITUTIONS 13834639 PROGRAM INVESTMENTS - EUROPE 0 0 PROGRAM RELATED INVESTMENTS INVESTMENTS IN MICROFINANCE INSTITUTIONS 8991139 0 0 0 0 0 0 26423524 0 26423524 0 0 1 0 0 0 PART III ACCOUNTING METHOD: 0 0 0 0 0 0 0 0 0 ATUL TANDON PRESIDENT 0 446914 0 177030 0 0 0 30195 0 8269 0 662408 0 0 RANDY KURTZ EXECUTIVE VP, INT'L PROGRAMS 0 261691 0 104000 0 0 0 20178 0 19722 0 405591 0 0 MARGARET TOMASIK TREASURER 0 245165 0 15000 0 0 0 16878 0 6920 0 283963 0 0 MAURICIO AGUDELO RINCON VP, CORPORATE DEVELOPMENT 0 212849 0 12500 0 0 0 13119 0 19722 0 258190 0 0 DAVID WIEGMAN SECRETARY & ASSISTANT TREASURER 0 199272 0 10000 0 0 0 14125 0 19722 0 243119 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS OPPORTUNITY INTERNATIONAL, INC. (SEE SCHEDULE R, PART II). FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER, OPPORTUNITY INTERNATIONAL, INC., IS RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO BAKER TILLY ADVISORY GROUP, LP. TREASURER OF OPPORTUNITY INTERNATIONAL (OI) REVIEWS THE DRAFT PREPARED BY BAKER TILLY ADVISORY GROUP, LP AND DISCUSSES COMMENTS AND QUESTIONS WITH BAKER TILLY ADVISORY GROUP, LP. FINAL DRAFT OF 990 IS PRESENTED TO AUDIT COMMITTEE FOR REVIEW. AFTER REVIEW IS COMPLETE, THE 990 IS DISTRIBUTED TO THE OPPORTUNITY INTERNATIONAL BOD AND THE RETURN IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IT IS AN ANNUAL REQUIREMENT FOR ALL EMPLOYEES AND DIRECTORS TO SIGN THE CONFLICT OF INTEREST STATEMENTS. DISCLOSURES ARE TO BE MADE BY EMPLOYEES TO THE VP OF HUMAN RESOURCES, EXCEPTIONS ARE REVIEWED BY THE CEO. IN THE CASE OF THE CEO AND OTHER DIRECTORS, CONFLICTS OF INTEREST ARE REPORTED TO THE FINANCE, RISK AND AUDIT COMMITTEE. IF A CONFLICT OF INTEREST IS DETERMINED, THE RESPONSIBLE PERSON(S) ARE RECUSED/EXCLUDED FROM ALL DISCUSSIONS IN CONNECTION WITH THE PROPOSED TRANSACTION. FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS PAID BY RELATED PARTY, OPPORTUNITY INTERNATIONAL, INC. USING THE FOLLOWING METHODS TO ESTABLISH COMPENSATION. -COMPENSATION SURVEY -THE CEO'S SALARY IS APPROVED BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS NOT PUBLISHED. FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. OPPORTUNITY INTERNATIONAL INC 101 N WACKER DR SUITE 1150 CHICAGO IL 60606 540907624 TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR IL 501(C)(3) LINE 7 N/A 0 OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LTD NO D765/3 KWANWE NKRUMAH AVENUE ACCRA GH OTHER DEPOSITORY GH OPPORTUNITY TRANSFORMATION INVESTMENTS C -165908 33931175 0.60600 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 OPPORTUNITY INTERATIONAL INC M 128000 CASH TRANSFERRED OPPORTUNITY INTERATIONAL INC C 300000 CASH TRANSFERRED