OPPORTUNITY INTERNATIONAL INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- OPPORTUNITY INTERNATIONAL INC (EIN 54-0907624)
- Tax period
- 2020-10-01 to 2021-09-30
- Filed
- 2022-08-12
- IRS object ID
- 202202249349302335
- Schema version
- 2020v4.2
- 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
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule N
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-12T16:43:23-05:00 | ReturnTs |
| Tax Period End | 2021-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 205 N MICHIGAN AVE 2800 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606015927 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540907624 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OPPORTUNITY INTERNATIONAL INC | BusinessNameLine1Txt |
| Business Name Line2 | D/B/A OPPORTUNITY INTERNATIONAL-US | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OPPO | BusinessNameControlTxt |
| Phone | 3124875000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 N WACKER DRIVE SUITE 1150 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARGARET TOMASIK | PersonNm |
| Person Title | SVP FINANCE & TREASURER | PersonTitleTxt |
| Phone | 3124875000 | PhoneNum |
| Signature | 2022-08-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARGARET | PersonFirstNm |
| Person Last | TOMASIK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK HEROUX | PreparerPersonNm |
| PTIN | P00959793 | PTIN |
| Phone | 3127298000 | PhoneNum |
| Preparation | 2022-08-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | ATUL TANDON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 N WACKER DRIVE SUITE 1150 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $53,835,766 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.OPPORTUNITY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1971 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | OPPORTUNITY INTERNATIONAL, INC., (OPPORTUNITY), IS A TAX EXEMPT, PUBLICLY SUPPORTED FAITH-BASED CORPORATION. BY PROVIDING FINANCIAL SOLUTIONS, SUPPORT AND TRAINING, WE EMPOWER PEOPLE LIVING IN POVERTY IN DEVELOPING COUNTRIES TO BUILD SUSTAINABLE INCOMES, EDUCATE THEIR CHILDREN AND ESCAPE GENERATIONAL POVERTY, IN THE PROCESS TRANSFORMING THEIR LIVES, THEIR CHILDREN'S FUTURES, AND THEIR COMMUNITIES. OPPORTUNITY'S PROGRAMS ARE FINANCED THROUGH CHARITABLE DONATIONS, EARNED INCOME FROM ITS BANKING OPERATIONS AND FROM LEVERAGING LOCAL FUNDS PROVIDED BY PARTNER BANKS AND OTHER FINANCIAL INSTITUTIONS. FYE 2021, OPPORTUNITY AND ITS PARTNER ORGANIZATIONS SERVED 18.7 MILLION CLIENTS, 97% OF WHICH ARE WOMEN. EDUFINANCE PROGRAMS REACHED OVER 2 MILLION CHILDREN IN 8,400 SCHOOLS AND AGFINANCE PROGRAMS REACHED OVER 90,000 SMALL HOLDER FARMERS. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 80 | TotalEmployeeCnt |
| Total Volunteers | 80 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,218,504 | PYContributionsGrantsAmt |
| CY Contributions Grants | $25,064,936 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $30,884,655 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $27,817,048 | CYProgramServiceRevenueAmt |
| PY Investment Income | $334,827 | PYInvestmentIncomeAmt |
| CY Investment Income | $182,035 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $51,437,986 | PYTotalRevenueAmt |
| CY Total Revenue | $53,064,019 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,916,954 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,365,618 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,804,233 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,261,709 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,914,213 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $34,215,791 | PYOtherExpensesAmt |
| CY Other Expenses | $28,249,469 | CYOtherExpensesAmt |
| PY Total Expenses | $44,936,978 | PYTotalExpensesAmt |
| CY Total Expenses | $44,876,796 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,501,008 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,187,223 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $288,031,955 | TotalAssetsBOYAmt |
| Total Assets EOY | $85,666,955 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $236,884,804 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $53,641,796 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $51,147,151 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $32,025,159 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | OPPORTUNITY INTERNATIONAL, INC., (OPPORTUNITY), IS A TAX EXEMPT, PUBLICLY SUPPORTED FAITH-BASED CORPORATION. BY PROVIDING FINANCIAL SOLUTIONS, SUPPORT AND TRAINING, WE EMPOWER PEOPLE LIVING IN POVERTY IN DEVELOPING COUNTRIES TO BUILD SUSTAINABLE INCOMES, EDUCATE THEIR CHILDREN AND ESCAPE GENERATIONAL POVERTY, IN THE PROCESS TRANSFORMING THEIR LIVES, THEIR CHILDREN'S FUTURES, AND THEIR COMMUNITIES. OPPORTUNITY'S PROGRAMS ARE FINANCED THROUGH CHARITABLE DONATIONS, EARNED INCOME FROM ITS BANKING OPERATIONS AND FROM LEVERAGING LOCAL FUNDS PROVIDED BY PARTNER BANKS AND OTHER FINANCIAL INSTITUTIONS. IN FY2021 OPPORTUNITY AND ITS PARTNER ORGANIZATIONS SERVED 18.7 MILLION LOAN CLIENTS, 97% OF WHICH ARE WOMEN. EDUFINANCE PROGRAMS REACHED OVER 2 MILLION CHILDREN IN 8,400 SCHOOLS AND AGFINANCE REACHED OVER 90,000 SMALLHOLDER FARMERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,171,562 | ExpenseAmt |
| Revenue | $27,817,048 | RevenueAmt |
| Desc | OPPORTUNITY INTERNATIONAL, INC., (OPPORTUNITY), IS A TAX EXEMPT, PUBLICLY SUPPORTED FAITH-BASED CORPORATION. BY PROVIDING FINANCIAL SOLUTIONS, SUPPORT AND TRAINING, WE EMPOWER PEOPLE LIVING IN POVERTY IN DEVELOPING COUNTRIES TO BUILD SUSTAINABLE INCOMES, EDUCATE THEIR CHILDREN AND ESCAPE GENERATIONAL POVERTY, IN THE PROCESS TRANSFORMING THEIR LIVES, THEIR CHILDREN'S FUTURES, AND THEIR COMMUNITIES. OPPORTUNITY'S PROGRAMS ARE FINANCED THROUGH CHARITABLE DONATIONS, EARNED INCOME FROM ITS BANKING OPERATIONS IN GHANA (AND SERBIA IN 2020) AND FROM LEVERAGING LOCAL FUNDS PROVIDED BY PARTNER BANKS AND OTHER FINANCIAL INSTITUTIONS. IN ADDITION, OPPORTUNITY PROVIDES WRAP AROUND SERVICES LIKE TRAINING AND SUPPORT TO ITS BENEFICIARY CLIENTS WHO ARE HOUSEHOLDS, SMALLHOLDER FARMERS, AND AFFORDABLE SCHOOLS FOR THE POOR. 97% OF OPPORTUNITY'S LOAN CLIENTS ARE WOMEN. IN ADDITION, OPPORTUNITY PROVIDES SAVINGS, INSURANCE, AND EFFICIENT MOBILE BASED PAYMENT SOLUTIONS TO MILLIONS OF ITS POOR CLIENTS AROUND THE WORLD. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,365,618 | ExpenseAmt |
| Grant | $5,365,618 | GrantAmt |
| Desc | OPPORTUNITY IMPLEMENTS ITS PROGRAMS IN 30 COUNTRIES THROUGH A WORLDWIDE NETWORK OF STAFF, BRANCHES, SUBSIDIARY BANKS AND LOCAL NONGOVERNMENTAL ORGANIZATIONS, AS WELL AS LOCAL IMPLEMENTING PARTNERS COMMERCIAL AND NONPROFIT AND MICROFINANCE INSTITUTIONS. OPPORTUNITY PROVIDES GRANTS AND MAINTAINS A MINORITY EQUITY INTEREST IN A NUMBER OF KEY IMPLEMENTING PARTNERS TO ENSURE A LONG-TERM ALIGNMENT OF INTEREST IN SERVING THE POOR. ADDITIONALLY, SUCH INVESTMENTS ENABLE OPPORTUNITY TO LEVERAGE LOCAL INVESTOR FUNDS AND DEBT TO INCREASE SERVICES AND MAXIMIZE THE FUNDS DEPLOYED TO SERVE THE ECONOMIC NEEDS OF THE POOR. IN FY2021 OPPORTUNITY AND ITS PARTNER ORGANIZATIONS SERVED 18.7 MILLION CLIENTS- 97% OF CLIENTS ARE WOMEN. OPPORTUNITY'S COVID-19 RELIEF RESPONSE PROGRAMS INCLUDED PARTNER SUPPORT ENABLING THEM TO REMAIN OPEN FOR CLIENTS, SCHOOL PROPRIETOR SUPPORT AND COMMUNITY HEALTH TRAINING. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,759,872 | ExpenseAmt |
| Desc | OPPORTUNITY USES ITS CHARITABLE DONATIONS TO FUND ITS DIRECT OPERATIONS, ESPECIALLY IN ITS EDUCATION FINANCE, AGRICULTURAL FINANCE, DIGITAL FINANCIAL SERVICES AND MONITORING & EVALUATION PROGRAMS IN 30 COUNTRIES, WORKING WITH 104 PARTNERS. BY PROVIDING FINANCIAL SOLUTIONS, SUPPORT AND TRAINING, WE EMPOWER PEOPLE LIVING IN POVERTY IN DEVELOPING COUNTRIES TO BUILD SUSTAINABLE INCOMES, EDUCATE THEIR CHILDREN AND ESCAPE GENERATIONAL POVERTY, IN THE PROCESS TRANSFORMING THEIR LIVES, THEIR CHILDREN'S FUTURES, AND THEIR COMMUNITIES. IN FY2021 OPPORTUNITY'S EDUFINANCE PROGRAMS REACHED OVER 2 MILLION CHILDREN IN 8,400 SCHOOLS. AGFINANCE PROGRAMS REACHED OVER 90,000 SMALLHOLDER FARMERS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $39,297,052 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | Yes (1) | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 39 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 80 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | MI | ForeignCountryCd |
| Foreign Country | UG | ForeignCountryCd |
| Foreign Country | GH | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGARET TOMASIK SVP FINANCE & TREASURER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8007939455 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 N WACKER DRIVE SUITE 1150 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ATUL TANDON | ||||||||
| CEO | 60.00 | 3.00 | Yes (X) | Yes (X) | $671,464 | $0 | $39,252 | |
| KATEY ASSEM | ||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| LEANN POPE | ||||||||
| CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| VIV BENJAMIN | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN HAIGH | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOEL JOHNSON | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MUFFY MACMILLAN | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DALE PATTERSON | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROL PELINO | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRED SASSER | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEN WATHOME | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ALANA ACKERSON | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET TOMASIK | ||||||||
| SVP, FINANCE | 55.00 | 0.00 | Yes (X) | $219,093 | $0 | $21,947 | ||
| RANDY KURTZ | ||||||||
| CHIEF ADMINISTRATIVE OFFICER | 25.00 | 25.00 | Yes (X) | $284,500 | $0 | $37,559 | ||
| DAVID WIEGMAN | ||||||||
| VP, PROGRAM OPERATIONS | 25.00 | 25.00 | Yes (X) | $168,101 | $0 | $29,983 | ||
| DENNIS W RIPLEY | ||||||||
| CHIEF PROGRAM OFFICER | 40.00 | 0.00 | $274,500 | $0 | $29,548 | Yes (X) | ||
| GREGORY E ROTH | ||||||||
| SVP, PHILANTHROPY | 40.00 | 0.00 | $235,153 | $0 | $31,076 | Yes (X) | ||
| AMELIA S HAIDUC | ||||||||
| MANAGING DIRECTOR, STRATEGIC PARTNERSHIPS | 40.00 | 0.00 | $192,433 | $0 | $35,827 | Yes (X) | ||
| MARK K LUTZ | ||||||||
| SVP, PHILANTHROPY | 40.00 | 0.00 | $208,901 | $0 | $25,342 | Yes (X) | ||
| LORI OLSON | ||||||||
| VP, PHILANTHROPY | 40.00 | 0.00 | $156,541 | $0 | $11,949 | Yes (X) | ||
| LANA D REDA | ||||||||
| CHIEF PHILANTHROPY OFFICER | 40.00 | 0.00 | $150,328 | $0 | $8,268 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,561,014 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $270,751 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 26 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|
| AFRICA HR SOLUTIONS | ||||||||
| 6TH FL DIAS PIER BUILDINGLE CAUDA | PORT LOUIS | MP | PROFESSIONAL EMPLOYMENT ORGANIZATION | $362,935 | ||||
| GAPLINK | ||||||||
| PLOT 2133 TANK HILL ROAD MUYENGA | KAMPALA | UG | PROGRAM IMPLEMENTATION | $221,733 | ||||
| IMPACT ATLAS | ||||||||
| CLIENT DATA TECHNOLOGY | $217,208 | 20 CRECIENTA DR | SAUSALITO | CA | 94965 | |||
| CHUHAK & TECSON PC | ||||||||
| LEGAL SERVICES | $212,928 | 30 S WACKER DR SUITE 2600 | CHICAGO | IL | 60606 | |||
| RUSSELL REYNOLDS ASSOCIATES | ||||||||
| RECRUITING SERVICES | $210,098 | PO BOX 6427CHURCH STREET STATION | NEW YORK | NY | 102496427 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,175,876 | GovernmentGrantsAmt |
| All Other Contributions | $23,889,060 | AllOtherContributionsAmt |
| Noncash Contributions | $1,113,448 | NoncashContributionsAmt |
| Total Contributions | $25,064,936 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MICROFINANCE REVENUE | 522100 | $26,123,934 | $26,123,934 |
| GOVERNMENT CONTRACTS | 522100 | $1,483,111 | $1,483,111 |
| PROGRAM SERVICE REVENUE | 522100 | $210,003 | $210,003 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $27,817,048 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,249 | TotalRevenueColumnAmt |
| Exclusion | $35,249 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $918,533 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $771,747 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $146,786 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $146,786 | TotalRevenueColumnAmt |
| Exclusion | $146,786 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,064,019 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,817,048 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $182,035 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,026,889 | TotalAmt |
| Program Services | $1,026,889 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,338,729 | TotalAmt |
| Program Services | $4,338,729 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $810,538 | TotalAmt |
| Program Services | $538,040 | ProgramServicesAmt |
| Management And General | $52,962 | ManagementAndGeneralAmt |
| Fundraising | $219,536 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,531,751 | TotalAmt |
| Program Services | $5,503,586 | ProgramServicesAmt |
| Management And General | $588,551 | ManagementAndGeneralAmt |
| Fundraising | $2,439,614 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $550,196 | TotalAmt |
| Program Services | $365,223 | ProgramServicesAmt |
| Management And General | $35,951 | ManagementAndGeneralAmt |
| Fundraising | $149,022 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $724,902 | TotalAmt |
| Program Services | $481,194 | ProgramServicesAmt |
| Management And General | $47,367 | ManagementAndGeneralAmt |
| Fundraising | $196,341 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $644,322 | TotalAmt |
| Program Services | $427,704 | ProgramServicesAmt |
| Management And General | $42,102 | ManagementAndGeneralAmt |
| Fundraising | $174,516 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $215,611 | TotalAmt |
| Program Services | $102,081 | ProgramServicesAmt |
| Management And General | $43,972 | ManagementAndGeneralAmt |
| Fundraising | $69,558 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,085 | TotalAmt |
| Program Services | $7,085 | ProgramServicesAmt |
| Management And General | $84,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,401,251 | TotalAmt |
| Program Services | $3,879,688 | ProgramServicesAmt |
| Management And General | $244,672 | ManagementAndGeneralAmt |
| Fundraising | $276,891 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,805 | TotalAmt |
| Program Services | $17,731 | ProgramServicesAmt |
| Management And General | $8,360 | ManagementAndGeneralAmt |
| Fundraising | $2,714 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,362,285 | TotalAmt |
| Program Services | $1,049,081 | ProgramServicesAmt |
| Management And General | $225,010 | ManagementAndGeneralAmt |
| Fundraising | $88,194 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $505,774 | TotalAmt |
| Program Services | $266,540 | ProgramServicesAmt |
| Management And General | $93,510 | ManagementAndGeneralAmt |
| Fundraising | $145,724 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $659,467 | TotalAmt |
| Program Services | $536,541 | ProgramServicesAmt |
| Management And General | $30,831 | ManagementAndGeneralAmt |
| Fundraising | $92,095 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,372 | TotalAmt |
| Program Services | $2,448 | ProgramServicesAmt |
| Management And General | $4,526 | ManagementAndGeneralAmt |
| Fundraising | $1,398 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,642,538 | TotalAmt |
| Program Services | $3,615,178 | ProgramServicesAmt |
| Management And General | $27,360 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,972,928 | TotalAmt |
| Program Services | $14,972,928 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,975 | TotalAmt |
| Program Services | $11,009 | ProgramServicesAmt |
| Management And General | $24,966 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,143 | TotalAmt |
| Program Services | $41,201 | ProgramServicesAmt |
| Management And General | $45,942 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER EXPENSES | $3,208,999 | $3,084,940 | $65,449 | $58,610 |
| PROVISION FOR LOAN LOSS | -$970,764 | -$970,764 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,876,796 | TotalAmt |
| Program Services | $39,297,052 | ProgramServicesAmt |
| Management And General | $1,665,531 | ManagementAndGeneralAmt |
| Fundraising | $3,914,213 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,153,163 | BOYAmt |
| EOY | $40,649,034 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,815,951 | BOYAmt |
| EOY | $5,922,565 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,776,494 | BOYAmt |
| EOY | $26,409,462 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,510,752 | BOYAmt |
| EOY | $9,049,007 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,758,701 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,160,554 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,727,560 | BOYAmt |
| EOY | $2,598,147 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $680,167 | BOYAmt |
| EOY | $720,872 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,868 | BOYAmt |
| EOY | $217,868 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $288,031,955 | BOYAmt |
| EOY | $85,666,955 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,564,101 | BOYAmt |
| EOY | $6,116,252 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,267,024 | BOYAmt |
| EOY | $2,265,630 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,400,978 | BOYAmt |
| EOY | $5,878,470 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,652,701 | BOYAmt |
| EOY | $39,381,444 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $236,884,804 | BOYAmt |
| EOY | $53,641,796 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,474,816 | BOYAmt |
| EOY | $15,722,105 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,672,335 | BOYAmt |
| EOY | $16,303,054 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,147,151 | BOYAmt |
| EOY | $32,025,159 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $288,031,955 | BOYAmt |
| EOY | $85,666,955 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $8,187,223 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $74,573 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$27,383,788 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,246,759 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,636,368 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,788,125 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,108,224 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $25,064,936 | CurrentTaxYearAmt |
| Total | $114,844,412 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,246,759 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,636,368 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,788,125 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,108,224 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $25,064,936 | CurrentTaxYearAmt |
| Total | $114,844,412 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $17,089,172 | SubstantialContributorsTotAmt |
| Public Support Total170 | $97,755,240 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $72,286 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $39,436 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,039 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,365 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $35,249 | CurrentTaxYearAmt |
| Total | $162,375 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $115,006,787 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $270,320,400 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.85000 | PublicSupportCY170Pct |
| Public Support PY170 | 0.85150 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 4 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Grants | $40,000 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $217,868 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,758,701 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,160,554 | DepreciationAmt |
| Book Value | $2,598,147 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,598,147 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS FROM CUSTOMERS | Desc |
| Amt | $39,381,444 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $39,381,444 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $28,073,461 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$74,573 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $418,699 | OtherRevenueAmt |
| Revenue Not Reported | $344,126 | RevenueNotReportedAmt |
| Revenue Subtotal | $27,729,335 | RevenueSubtotalAmt |
| Other Revenues Not Included | $25,334,684 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $25,334,684 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $53,064,019 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $27,120,860 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,415,627 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,415,627 | ExpensesNotReportedAmt |
| Expenses Subtotal | $24,705,233 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $20,171,563 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $20,171,563 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $44,876,796 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | OPPORTUNITY AND OTI HAVE RECEIVED DETERMINATION LETTERS FROM THE IRS INDICATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. ACCORDINGLY, OPPORTUNITY AND OTI ARE NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN MADE AS OPPORTUNITY AND OTI ARE NOT ENGAGED IN ANY UNRELATED BUSINESS INCOME ACTIVITIES. OPPORTUNITY AND OTI BELIEVE THEY HAVE TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2021 AND 2020. THE MICROFINANCE INSTITUTIONS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS PAY TAXES IN ACCORDANCE WITH THEIR RESPECTIVE COUNTRY'S LAWS AT THE RATE OF 25% OF TAXABLE INCOME AND CURRENT TAX EXPENSE IS RECORDED FOR THESE AMOUNTS. INCOME TAX EXPENSE IS INCLUDED IN GAIN (LOSS) FROM DISCONTINUED ACTIVITIES ON THE CONSOLIDATED STATEMENT OF ACTIVITIES. INCOME TAXES FOR THE OVERSEAS FOR-PROFIT MICROFINANCE INSTITUTIONS ARE ACCOUNTED FOR UNDER THE ASSET-AND-LIABILITY METHOD. DEFERRED TAXES AND LIABILITIES ARE RECOGNIZED FOR THE FUTURE CONSEQUENCES ATTRIBUTABLE TO DIFFERENCES BETWEEN THE CONSOLIDATED FINANCIAL STATEMENT CARRYING AMOUNTS OF EXISTING ASSETS AND LIABILITIES AND THEIR RESPECTIVE TAX BASES AND TAX CARRYFORWARDS. DEFERRED TAX ASSETS AND LIABILITIES ARE MEASURED USING CURRENTLY ENACTED TAX RATES. THE EFFECT ON DEFERRED TAX ASSETS AND LIABILITIES OF A CHANGE IN TAX RATES IS RECOGNIZED IN INCOME IN THE PERIOD THAT INCLUDES THE ENACTMENT DATE. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SUBSIDIARY CONTRIBUTION 114,764. SUBSIDIARY ELIMINATION 303,935. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | REVENUE OF DISCONTINUED OPS-MICROFINANCE REVENUE 26,123,934. DIVIDEND INCOME 2,774. INTEREST INCOME 32,474. REALIZED GAIN 146,786. TOTAL FUNDS TO SUPPORT FUNDRAISING AND ADMIN -971,284. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SUBSIDIARY ELIMINATION (OTI AND OIN) -122,080. INTERCOMPANY EXPENSE ALLOCATION 2,537,707. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | DISCONTINUED OPERATIONS - INTEREST 3,615,178. DISCONTINUED OPERATIONS - OPERATING EXPENSES 14,972,928. DISCONTINUED OPERATIONS -PROVISION FOR LOAN LOSS -970,764. DISCONTINUED OPERATIONS - INCOME TAX EXPENSE 2,554,221. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $1,038,104 |
| EUROPE | 0 | 0 | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $226,512 |
| CENTRAL AMERICA & THE CARIBBEAN | 0 | 0 | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $1,215,605 |
| EAST ASIA & THE PACIFIC | 0 | 0 | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $1,303,273 |
| SOUTH AMERICA | 0 | 0 | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $405,665 |
| SOUTH ASIA | 0 | 0 | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $63,400 |
| NORTH AMERICA | 0 | 0 | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $97,855 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $4,350,414 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $4,350,414 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (18 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| PHILLIPINES | SUPPORT MICROFINANCE INSTITUTIONS WITH LOAN FUNDS. | $32,174 | WIRE TRANSFER |
| GHANA | IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION | $164,684 | WIRE TRANSFER |
| UGANDA | TECHNOLOGY, TRAINING AND OPERATIONS SUPPORT TO INCREASE FINANCIAL SERVICES TO EDUCATION AND AGRICULTURE CLIENTS | $209,611 | WIRE TRANSFER |
| COLOMBIA | TECHNOLOGY, TRAINING AND OPERATIONS SUPPORT TO INCREASE FINANCIAL SERVICES TO EDUCATION AND AGRICULTURE CLIENTS | $394,330 | WIRE TRANSFER |
| NICARAGUA | FINANCIAL AND AGRICULTURAL SERVICES AND TRANING, EDUCATION AND COMMUNITY ECONOMIC DEVELOPMENT | $1,141,668 | WIRE TRANSFER |
| RWANDA | EDUFINANCE PROGRAM WORK AND SUPPORT OF MFI'S TO EXTEND FINANCIAL SERVICES | $92,445 | WIRE TRANSFER |
| UNITED KINGDOM | SUPPORT OF PROGRAM WORK IN AFRICA WITH MICROFINANCE INSTITUTIONS | $226,512 | WIRE TRANSFER |
| INDIA | TRAINING AND SUPPORT FOR COMMUNITY HEALTH FACILITATORS | $39,000 | WIRE TRANSFER |
| AUSTRALIA | COVID RELIEF ASSISTANCE FOR PARTNERS IN INDIA | $1,190,405 | WIRE TRANSFER |
| CANADA | SUPPORT EXTREME POVERTY PROGRAM WORK IN HAITI | $68,557 | WIRE TRANSFER |
| PARAGUAY | OPERATING EXPENSES FOR MICROFINANCE INSTITUTION | $7,585 | WIRE TRANSFER |
| MYANMAR | OPERATING EXPENSES FOR MICROFINANCE INSTITUTION | $24,400 | WIRE TRANSFER |
| DOMINICAN REPUBLIC | OPERATING EXPENSES FOR MICROFINANCE INSTITUTION | $20,500 | WIRE TRANSFER |
| HONDURAS | OPERATING EXPENSES FOR MICROFINANCE INSTITUTION INCLUDING COVID RELIEF | $20,500 | WIRE TRANSFER |
| INDONESIA | IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM | $80,694 | WIRE TRANSFER |
| MEXICO | IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM | $29,298 | WIRE TRANSFER |
| SOUTH AFRICA | IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM | $571,634 | WIRE TRANSFER |
| HAITI | OPERATING EXPENSES AFTER EARTHQUAKE | $25,002 | WIRE TRANSFER |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 19 | Total501c3OrgCnt |
| Total Other Org | 24 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | UPON RECEIPT OF A FUNDING AWARD THAT INCLUDES IMPLEMENTING PARTNERS, THE PROJECT IS HANDED OFF TO OPPORTUNITY'S PROGRAM MANAGEMENT TEAM FOR SET-UP AND EVALUATION OF PROSEPCTIVE GRANTEES TO IMPLEMENT THE PROJECT. NEW GRANTEES ARE APPROVED BY THE MANAGEMENT TEAM. PROGRAM MANAGEMENT DRAFTS COMPREHENSIVE DONOR PROGRAM MEMORANDUM OF UNDERSTANDING (MOU) AGREEMENTS WITH ALL PARTNERS WITHIN A PROJECT. IN ORDER TO DISBURSE FUNDS TO THE GRANTEE(S) IN ACCORDANCE WITH THE APPROVED PROJECT BUDGET, A SEPARATE FUNDING AGREEMENT IS PREPARED THAT REFERENCES THE TERMS OF THE EXECUTED DONOR PROGRAM AGREEMENT. THE EXECUTED FUNDING AGREEMENT IS THEN PROVIDED TO FINANCE ALONG WITH THE REQUEST FOR FUNDING FORM IN ORDER TO INITIATE THE FUND DISBURSEMENT TO THE GRANTEE(S). DISBURSEMENTS ARE ONLY MADE WHEN ALL SIGNED AGREEMENTS ARE PROVIDED AND DISBURSEMENTS ARE TRACKED IN THE FINANCIAL SYSTEM. OPPORTUNITY'S PROGRAM MANAGEMENT TEAM IS ALSO RESPONSIBLE FOR THE MONITORING OF BUDGET TO ACTUAL SPENDING, PROJECT ACTIVITIES, PROGRESS AGAINST TARGETS AND DONOR REPORTING. MONITORING IS CONDUCTED BY MULTIPLE METHODS THROUGHOUT THE LIFE CYCLE OF THE PROJECT, WHICH VARY ACCORDING TO THE PROJECT SIZE AND RESOURCES ALLOCATED TO SUPPORT MONITORING COSTS. IN GENERAL, MONITORING INCLUDES REGULAR UPDATE CALLS WITH THE LOCAL PROJECT TEAM, EMAIL UPDATES BETWEEN SCHEDULED PROJECT CALLS, AND SUBMISSION OF REGULAR INTERNAL REPORTS TO PROGRAM MANAGEMENT ON THE STATUS OF PROGRAM ACTIVITIES, PROGRESS AGAINST TARGETS, AND BUDGET TO ACTUAL SPENDING. IN ADDITION, BACKUP DOCUMENTATION FOR FINANCIAL REPORTING IS COLLECTED AS NECESSARY, SUCH AS INVOICES FOR PROCUREMENT, CONSULTANT AGREEMENTS, ETC. THE SCHEDULE OF REPORTING IS OUTLINED WITHIN THE DONOR PROGRAM MOU AGREEMENT IF RESOURCES ARE ALLOCATED FOR ON-SITE MONITORING VISITS, PROGRAM MANAGEMENT WILL TRAVEL TO THE PROJECT LOCATION TO CONDUCT PERIODIC MONTIORING ACTVITIES AND AUDIT PROGRAM FILES AND FINANCIAL RECORDS, AS NEEDED. |
| PART III ACCOUNTING METHOD: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| OPPORTUNITY INC | ||||||||
| 101 N WACKER DRIVE SUITE 1150 | CHICAGO | IL | 60606 | 611748401 | 501(C)(3) | $123,237 | N/A | FUNDS TO AFFILIATE FOR OPERATING EXPENSES |
| ACCESS BUSINESS GROUP INTERNATIONAL | ||||||||
| 7575 FULTON ST | ADA | MI | 49355 | 383568820 | 501(C)(3) | $523,046 | N/A | NUTRITIONAL SUPPLEMENTS FOR POWER OF FIVE PROGRAM |
| GLOBAL OUTREACH INC | ||||||||
| 13 RONS ROAD | SANTA FE | NM | 87508 | 752191153 | 501(C)(3) | $20,000 | N/A | OPERATING FUNDS |
| ALLIANCE FOR CHILDREN EVERYWHERE | ||||||||
| 4401 2ND AVE NE | SEATTLE | WA | 98105 | 911704751 | 501(C)(3) | $50,000 | N/A | IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM |
| GLASSWING INTERNATIONAL USA | ||||||||
| 199 WATER STREET FL 34 | NEW YORK | NY | 10038 | 261456470 | 501(C)(3) | $88,840 | N/A | IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM |
| HOPE FOR HAITI INC | ||||||||
| 1021 5TH AVENUE NORTH | NAPLES | FL | 34102 | 593564329 | 501(C)(3) | $136,553 | N/A | IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM |
| SOLID ROCK INTERNATIONAL | ||||||||
| 11012 LAKEVIEW DR | CARMEL | IN | 46032 | 341719319 | 501(C)(3) | $49,130 | N/A | IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM |
| WORD2ACT | ||||||||
| PO BOX 6246 | GRAND RAPIDS | MI | 49506 | 814022063 | 501(C)(3) | $36,083 | N/A | IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | UPON RECEIPT OF A FUNDING AWARD THAT INCLUDES IMPLEMENTING PARTNERS, THE PROJECT IS HANDED OFF TO OPPORTUNITY'S PROGRAM MANAGEMENT TEAM FOR SET-UP AND EVALUATION OF PROSPECTIVE GRANTEES TO IMPLEMENT THE PROJECT. NEW GRANTEES ARE APPROVED BY THE MANAGEMENT TEAM. PROGRAM MANAGEMENT DRAFTS COMPREHENSIVE DONOR PROGRAM MEMORANDUM OF UNDERSTANDING (MOU) AGREEMENTS WITH ALL PARTNERS WITHIN A PROJECT. IN ORDER TO DISBURSE FUNDS TO THE GRANTEE(S) IN ACCORDANCE WITH THE APPROVED PROJECT BUDGET, A SEPARATE FUNDING AGREEMENT IS PREPARED THAT REFERENCES THE TERMS OF THE EXECUTED DONOR PROGRAM AGREEMENT. THE EXECUTED FUNDING AGREEMENT IS THEN PROVIDED TO FINANCE ALONG WITH THE REQUEST FOR FUNDING FORM IN ORDER TO INITIATE THE FUND DISBURSEMENT TO THE GRANTEE(S). DISBURSEMENTS ARE ONLY MADE WHEN ALL SIGNED AGREEMENTS ARE PROVIDED AND DISBURSEMENTS ARE TRACKED IN THE FINANCIAL SYSTEM. OPPORTUNITY'S PROGRAM MANAGEMENT TEAM IS ALSO RESPONSIBLE FOR THE MONITORING OF BUDGET TO ACTUAL SPENDING, PROJECT ACTIVITIES, PROGRESS AGAINST TARGETS AND DONOR REPORTING. MONITORING IS CONDUCTED BY MULTIPLE METHODS THROUGHOUT THE LIFE CYCLE OF THE PROJECT, WHICH VARY ACCORDING TO THE PROJECT SIZE AND RESOURCES ALLOCATED TO SUPPORT MONITORING COSTS. IN GENERAL, MONITORING INCLUDES REGULAR UPDATE CALLS WITH THE LOCAL PROJECT TEAM, EMAIL UPDATES BETWEEN SCHEDULED PROJECT CALLS, AND SUBMISSION OF REGULAR INTERNAL REPORTS TO PROGRAM MANAGEMENT ON THE STATUS OF PROGRAM ACTIVITIES, PROGRESS AGAINST TARGETS, AND BUDGET TO ACTUAL SPENDING. IN ADDITION, BACKUP DOCUMENTATION FOR FINANCIAL REPORTING IS COLLECTED AS NECESSARY, SUCH AS INVOICES FOR PROCUREMENT, CONSULTANT AGREEMENTS, ETC. THE SCHEDULE OF REPORTING IS OUTLINED WITHIN THE DONOR PROGRAM MOU AGREEMENT IF RESOURCES ARE ALLOCATED FOR ON-SITE MONITORING VISITS, PROGRAM MANAGEMENT WILL TRAVEL TO THE PROJECT LOCATION TO CONDUCT PERIODIC MONTIORING ACTVITIES AND AUDIT PROGRAM FILES AND FINANCIAL RECORDS, AS NEEDED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ATUL TANDON | ||||||||||||||
| CEO | $379,144 | $0 | $292,320 | $0 | $0 | $0 | $31,496 | $0 | $7,756 | $0 | $710,716 | $0 | $0 | $0 |
| RANDY KURTZ | ||||||||||||||
| CHIEF ADMINISTRATIVE OFFICER | $204,500 | $0 | $80,000 | $0 | $0 | $0 | $19,343 | $0 | $18,216 | $0 | $322,059 | $0 | $0 | $0 |
| DENNIS W RIPLEY | ||||||||||||||
| CHIEF PROGRAM OFFICER | $204,500 | $0 | $70,000 | $0 | $0 | $0 | $16,765 | $0 | $12,783 | $0 | $304,048 | $0 | $0 | $0 |
| GREGORY E ROTH | ||||||||||||||
| SVP, PHILANTHROPY | $210,153 | $0 | $25,000 | $0 | $0 | $0 | $12,860 | $0 | $18,216 | $0 | $266,229 | $0 | $0 | $0 |
| MARGARET TOMASIK | ||||||||||||||
| SVP, FINANCE | $209,093 | $0 | $10,000 | $0 | $0 | $0 | $14,102 | $0 | $7,845 | $0 | $241,040 | $0 | $0 | $0 |
| MARK K LUTZ | ||||||||||||||
| SVP, PHILANTHROPY | $198,901 | $0 | $10,000 | $0 | $0 | $0 | $12,897 | $0 | $12,445 | $0 | $234,243 | $0 | $0 | $0 |
| AMELIA S HAIDUC | ||||||||||||||
| MANAGING DIRECTOR, STRATEGIC PARTNER | $192,433 | $0 | $0 | $0 | $0 | $0 | $13,470 | $0 | $22,357 | $0 | $228,260 | $0 | $0 | $0 |
| DAVID WIEGMAN | ||||||||||||||
| VP, PROGRAM OPERATIONS | $158,101 | $0 | $10,000 | $0 | $0 | $0 | $11,767 | $0 | $18,216 | $0 | $198,084 | $0 | $0 | $0 |
| LORI OLSON | ||||||||||||||
| VP, PHILANTHROPY | $156,541 | $0 | $0 | $0 | $0 | $0 | $11,949 | $0 | $0 | $0 | $168,490 | $0 | $0 | $0 |
| LANA D REDA | ||||||||||||||
| CHIEF PHILANTHROPY OFFICER | $150,328 | $0 | $0 | $0 | $0 | $0 | $8,268 | $0 | $0 | $0 | $158,596 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 37 | ContributionCnt |
| Noncash Contributions Rpt F990 | $917,872 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (7 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | CONSULTING | 1 | $50,915 | FMV |
| Yes (X) | PAYROLL FEES | 1 | $50,000 | FMV |
| Yes (X) | WEB | 1 | $41,832 | FMV |
| Yes (X) | LEGAL | 1 | $38,885 | FMV |
| Yes (X) | ADVERTISING | 2 | $9,290 | FMV |
| Yes (X) | FREE TRAVEL | 3 | $3,154 | FMV |
| Yes (X) | FUNDRAISING EVENTS | 1 | $1,500 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule N IRS990ScheduleN
Disposition Of Assets Detail DispositionOfAssetsDetail (4 entries)
| Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDesc | DistributionDistributionDt | Fair Market Value Of AssetFairMarketValueOfAssetAmt | Method Of FMV DeterminationMethodOfFMVDeterminationTxt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | IRC SectionIRCSectionTxt |
|---|---|---|---|---|---|---|---|
| UMWELTBANK AKTIENGESELLSCHAFT | |||||||
| SALE OF OPPORTUNITY BANK SERBIA SHARES | 2020-11-19 | $11,157,958 | COST | LAUFERTORGRABEN 6 | NURNBERG | GM | FOREIGN ENTITIES |
| GLS GEMEINSCHAFTSBANK EG | |||||||
| SALE OF OPPORTUNITY BANK SERBIA SHARES | 2020-11-19 | $7,438,638 | COST | CHRISTSTRASSE 9 | BOCHUM | GM | FOREIGN ENTITIES |
| TRIODOS SICAV II - TRIODOS MICROFINANCE FUND | |||||||
| SALE OF OPPORTUNITY BANK SERBIA SHARES | 2020-11-19 | $5,207,047 | COST | 11-13 BLVD DE LA FOIRE | LUXEMBOURG | LU | FOREIGN ENTITIES |
| TRIODOS BUND BV - TRIODOS FAIR SHARE FUND | |||||||
| SALE OF OPPORTUNITY BANK SERBIA SHARES | 2020-11-19 | $5,207,047 | COST | NIEUWEROORDWEG 1 | ZEIST | NL | FOREIGN ENTITIES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | Yes (1) | DirectorOfSuccessor2Ind |
| Employee Of Successor2 | 0 | EmployeeOfSuccessor2Ind |
| Owner Of Successor2 | 0 | OwnerOfSuccessor2Ind |
| Receive Compensation2 | 0 | ReceiveCompensation2Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 2E: | PERSON(S) INVOLVED: DAVID WIEGMAN |
| PART II, LINE 2E: | EXPLANATION OF INVOLVEMENT: SECRETARY OF OTI BECAME A DIRECTOR OF 3BANK (FORMERLY OPPORTUNITY BANK SERBIA) TO REPRESENT OTI'S REMAINING 20% SHARE OWNERSHIP. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO BAKER TILLY US LLP. TREASURER OF OPPORTUNITY INTERNATIONAL (OI) REVIEWS THE DRAFT PREPARED BY BAKER TILLY US LLP AND DISCUSSES COMMENTS AND QUESTIONS WITH BAKER TILLY US LLP. FINAL DRAFT OF 990 IS PRESENTED TO FINANCE AND 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 HUMAN RESOURCES DEPARTMENT. IN THE CASE OF THE CEO AND OTHER DIRECTORS, CONFLICTS OF INTEREST ARE REPORTED TO THE FINANCE 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 REVIEWED USING PAYFACTORS SALARY DATABASE AND HUMENTUM SALARY SURVEY AS COMPARABILITY DATA TO HELP SET COMPENSATION. COMPENSATION DECISIONS ARE REVIEWED BY THE CEO AND APPROVALS ARE DOCUMENTED IN THE EMPLOYEE FILES. |
| FORM 990, PART VI, SECTION C, LINE 18 | FORM 990 POSTED ON OUR WEBSITE; FORM 1023 AVAILABLE UPON REQUEST |
| FORM 990, PART VI, SECTION C, LINE 19 | CONFLICT OF INTEREST POLICY IS NOT PUBLISHED. FINANCIAL STATEMENTS ARE AVAILABLE ON THE OPPORTUNITY INTERNATIONAL WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | TRANSFER OF BANK NET ASSETS -26,712,750. NON-OPERATING ACTIVITIES -706,760. MISCELLANEOUS ADJUSTMENTS 35,722. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. |
| FORM 990, PART X: | DURING FY 2021 OPPORTUNITY REDUCED ITS OWNERSHIP IN OPPORTUNITY BANK SERBIA (OBS) FROM 100% TO 20%, THEREFORE OBS' FINANCIAL STATEMENTS ARE NO LONGER INCLUDED IN OPPORTUNITY'S CONSOLIDATED FINANCIAL STATEMENTS. THIS RESULTED IN A REDUCTION OF $213 MILLION IN ASSETS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPPORTUNITY TRANSFORMATION INVESTMENTS | |||||||||||
| 101 N WACKER DRIVE SUITE 1150 | CHICAGO | IL | 60606 | 364382506 | TO INVEST AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS | IL | 501(C)(3) | LINE 7 | OPPORTUNITY INTERNATIONAL | Yes (1) | |
| OPPORTUNITY INC | |||||||||||
| 101 N WACKER DRIVE SUITE 1150 | CHICAGO | IL | 60606 | 611748401 | TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR | IL | 501(C)(3) | LINE 7 | 0 | N/A | |
| OPPORTUNITY INTERNATIONAL NICARAGUA INC | |||||||||||
| 101 N WACKER DRIVE SUITE 1150 | CHICAGO | IL | 60606 | 470994982 | ASSIST LOCAL COMMUNITIES CREATE JOBS AND BETTER LIVING CONDITIONS | IL | 501(C)(3) | LINE 7 | OPPORTUNITY TRANSFORMATION INVESTMENTS | Yes (1) | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| OPPORTUNITY BANK AD NOVI SAD | ||||||||||
| BULEVAR OSLOBODJENJA 2A | NOVI SAD | RI | SAVINGS INSTITUTION | RI | OPPORTUNITY TRANSFORMATION INVESTMENTS | C | $1,762,293 | $41,719,116 | 0.20000 | 0 |
| OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED | ||||||||||
| NO D765/3 KWAMWE NKRUMAH AVENUE | ACCRA | GH | SAVINGS INSTITUTION | GH | OPPORTUNITY TRANSFORMATION INVESTMENTS | C | $2,713,058 | $33,557,729 | 0.60600 | Yes (1) |
| OPPORTUNITY INTERNATIONAL GHANA | ||||||||||
| HOUSE NUMBER D765/3 KWAME NKRUMAH A | ACCRA | GH | OTHER DEPOSITORY | GH | OPPORTUNITY INTERNATIONAL INC | C | $242,858 | 1.00000 | Yes (1) | |
| OPPORTUNITY INTERNATIONAL MALAWI | ||||||||||
| PLOT 114 AREA 6 | LILONGWE | MI | OTHER DEPOSITORY | MI | OPPORTUNITY INTERNATIONAL INC | C | $41,007 | 1.00000 | Yes (1) | |
| OPPORTUNITY INTERNATIONAL RWANDA | ||||||||||
| KACYIRU GASABO | UMUJYI WA KIGALI | RW | OTHER DEPOSITORY | RW | OPPORTUNITY INTERNATIONAL INC | C | 1.00000 | Yes (1) | ||
| OPPORTUNITY INTERNATIONAL UGANDA | ||||||||||
| PO BOX 7279 | KAMPALA | UG | OTHER DEPOSITORY | UG | OPPORTUNITY INTERNATIONAL INC | C | $94,230 | 1.00000 | Yes (1) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (8 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| OPPORTUNITY TRANSFORMATION INVESTMENTS | ||
| L | $122,081 | CASH TRANSFERRED |
| OPPORTUNITY INC | ||
| L | $25,000 | CASH TRANSFERRED |
| OPPORTUNITY INTERNATIONAL NICARAGUA INC | ||
| B | $871,334 | CASH TRANSFERRED |
| OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED | ||
| B | $164,684 | CASH TRANSFERRED |
| OPPORTUNITY INTERNATIONAL MALAWI | ||
| B | $301,440 | CASH TRANSFERRED |
| OPPORTUNITY INTERNATIONAL MALAWI | ||
| L | $30,000 | CASH TRANSFERRED |
| OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED | ||
| E | $210,000 | CASH TRANSFERRED |
| OPPORTUNITY INC | ||
| B | $123,237 | CASH TRANSFERRED |