OPPORTUNITY INTERNATIONAL INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- OPPORTUNITY INTERNATIONAL INC (EIN 54-0907624)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-13
- IRS object ID
- 202003189349305380
- Schema version
- 2019v5.1
- 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
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-13T11:40:27-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | 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 | 550 W VAN BUREN STREET SUITE 200 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60607 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARGARET TOMASIK | PersonNm |
| Person Title | SVP FINANCE & TREASURER | PersonTitleTxt |
| Phone | 3124875000 | PhoneNum |
| Signature | 2020-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK HEROUX | PreparerPersonNm |
| PTIN | P00959793 | PTIN |
| Phone | 3127298000 | PhoneNum |
| Preparation | 2020-11-04 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.1.30.194 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-04 | IPDt |
| IP Tm | 08:42:03 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 0882A3BD3791635C134A938B8FF3C2B174769BAB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARGARET TOMASIK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 W VAN BUREN STREET SUITE 200 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $74,751,077 | 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. IN 2019 OPPORTUNITY AND ITS PARTNER ORGANIZATIONS SERVED 6.6 MILLION LOAN CLIENTS AND REACHED 2 MILLION CHILDREN IN 6,400 SCHOOLS. 95% OF LOAN CLIENTS ARE WOMEN. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 68 | TotalEmployeeCnt |
| Total Volunteers | 49 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $25,788,125 | PYContributionsGrantsAmt |
| CY Contributions Grants | $21,108,224 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $59,181,380 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $53,634,488 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$233,723 | PYInvestmentIncomeAmt |
| CY Investment Income | -$34,678 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $84,735,782 | PYTotalRevenueAmt |
| CY Total Revenue | $74,708,034 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,192,511 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,159,945 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,225,619 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,826,877 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,561,431 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $64,511,740 | PYOtherExpensesAmt |
| CY Other Expenses | $56,969,302 | CYOtherExpensesAmt |
| PY Total Expenses | $76,929,870 | PYTotalExpensesAmt |
| CY Total Expenses | $68,956,124 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,805,912 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,751,910 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $266,123,821 | TotalAssetsBOYAmt |
| Total Assets EOY | $242,758,944 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $222,091,978 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $200,728,283 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $44,031,843 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $42,030,661 | 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 2019 OPPORTUNITY AND ITS PARTNER ORGANIZATIONS SERVED 6.6 MILLION LOAN CLIENTS AND REACHED 2 MILLION CHILDREN IN 6,400 SCHOOLS. 95% OF LOAN CLIENTS ARE WOMEN. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $55,803,933 | ExpenseAmt |
| Revenue | $43,662,017 | 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 SERBIA, GHANA, AND COLOMBIA AND FROM LEVERAGING LOCAL FUNDS PROVIDED BY PARTNER BANKS AND OTHER FINANCIAL INSTITUTIONS. 95% OF LOAN CLIENTS ARE WOMEN. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,330,164 | ExpenseAmt |
| Grant | $2,330,164 | GrantAmt |
| Revenue | $2,330,164 | RevenueAmt |
| Desc | OPPORTUNITY IMPLEMENTS ITS PROGRAMS IN 27 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 2019 OPPORTUNITY AND ITS PARTNER ORGANIZATIONS SERVED 6.6 MILLION LOAN CLIENTS AND REACHED 2 MILLION CHILDREN IN 6,400 SCHOOLS. 95% OF LOAN CLIENTS ARE WOMEN. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,918,669 | ExpenseAmt |
| Revenue | $6,910,018 | RevenueAmt |
| 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 27 COUNTRIES. 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 2019 OPPORTUNITY AND ITS PARTNER ORGANIZATIONS SERVED 6.6 MILLION LOAN CLIENTS AND REACHED 2 MILLION CHILDREN IN 6,400 SCHOOLS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $829,781 | ExpenseAmt |
| Grant | $829,781 | GrantAmt |
| Revenue | $732,288 | RevenueAmt |
| Desc | OI GRANTED FUNDS TO AFFILIATES, OPPORTUNITY INC., OPPORTUNITY TRANSFORMATION INVESTMENTS, INC., AND OPPORTUNITY INTERNATIONAL NICARAGUA, INC. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $829,781 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $829,781 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $732,288 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $63,882,547 | 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 | 0 | 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 | 0 | 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 | 71 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 68 | 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 |
| 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 | CT | 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 | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | 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 |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| 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 | 550 W VAN BUREN STREET SUITE 200 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60607 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ALANA ACKERSON | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KATEY ASSEM | ||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN GILLETTE | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN HART | ||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DALE PATTERSON | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MUFFY MACMILLAN | ||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JANE NELSON | ||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| LEANN POPE | ||||||||
| CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DAVE M TOLMIE | ||||||||
| CHAIR | 3.00 | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JOEL JOHNSON | ||||||||
| DIRECTOR | 3.00 | 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 | ||
| FRED SASSER | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEN WATHOME | ||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ATUL TANDON | ||||||||
| CEO | 60.00 | 3.00 | Yes (X) | $512,100 | $0 | $27,632 | Yes (X) | |
| RONALD GRAY | ||||||||
| LEGAL COUNSEL | 6.00 | 34.00 | $206,468 | $0 | $39,976 | Yes (X) | ||
| KURTZ RANDY | ||||||||
| CHIEF ADMINISTRATIVE OFFICER | 25.00 | 25.00 | $200,000 | $0 | $30,277 | Yes (X) | ||
| TOMASIK MARGARET | ||||||||
| SVP, FINANCE | 55.00 | 0.00 | $200,103 | $0 | $23,441 | Yes (X) | ||
| WIEGMAN DAVID | ||||||||
| VP, PROGRAM OPERATIONS | 25.00 | 25.00 | $151,295 | $0 | $34,318 | Yes (X) | ||
| REDA LANA D | ||||||||
| CHIEF PHILANTHROPY OFFICER | 45.00 | 0.00 | $202,000 | $0 | $2,667 | Yes (X) | ||
| RIPLEY DENNIS W | ||||||||
| CHIEF PROGRAM OFFICER | 45.00 | 0.00 | $200,000 | $0 | $26,091 | Yes (X) | ||
| ROTH GREGORY E | ||||||||
| SVP, PHILANTHROPY | 55.00 | 0.00 | $198,953 | $0 | $35,725 | Yes (X) | ||
| LUTZ MARK K | ||||||||
| SVP, PHILANTHROPY | 55.00 | 0.00 | $198,901 | $0 | $26,075 | Yes (X) | ||
| HAIDUC AMELIA S | ||||||||
| MANAGING DIRECTOR | 55.00 | 0.00 | $182,791 | $0 | $36,496 | Yes (X) | ||
| OLSON LORI | ||||||||
| VP, PHILANTHROPY | 55.00 | 0.00 | $155,048 | $0 | $10,845 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,407,659 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $293,543 | 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/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| IMPACT ATLAS | ||||||||||
| 20 CRECIENTA DR | SAUSALITO | CA | 94965 | CLIENT SURVEYS AND RESEARCH | $522,835 | |||||
| GAPLINK | ||||||||||
| RESEARCH | $236,981 | PLOT 2133 TANK HILL ROAD | MUYENGA | KAMPALA | UG | |||||
| RJB SYSTEMS INC | ||||||||||
| 2200 E 104TH AVE SUITE 209 | THORTON | CO | 80233 | COMPUTER NETWORK MAINTENANCE | $217,638 | |||||
| INNOVATIONS FOR POVERTY ACTION | ||||||||||
| 101 WHITNEY AVE 2ND FLOOR | NEW HAVEN | CT | 06510 | RESEARCH | $197,552 | |||||
| JETHRO LIMITED | ||||||||||
| COMPUTER NETWORK MAINTENANCE | $156,376 | ANGEL HOUSE SUITE 13 3RD FLOOR 2 | CONARY WHARF LONDON | UK | E14 9FW | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $253,903 | GovernmentGrantsAmt |
| All Other Contributions | $20,854,321 | AllOtherContributionsAmt |
| Noncash Contributions | $3,449,552 | NoncashContributionsAmt |
| Total Contributions | $21,108,224 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MICRO FINANCE REVENUE | 522100 | $51,532,831 | $51,532,831 |
| SUPPORT SERVICE REVENUE | 522100 | $2,101,657 | $2,101,657 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $53,634,488 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,365 | TotalRevenueColumnAmt |
| Exclusion | $8,365 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $43,043 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$43,043 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$43,043 | TotalRevenueColumnAmt |
| Exclusion | -$43,043 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $74,708,034 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $53,634,488 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$34,678 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $829,781 | TotalAmt |
| Program Services | $829,781 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,330,164 | TotalAmt |
| Program Services | $2,330,164 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $656,566 | TotalAmt |
| Program Services | $398,667 | ProgramServicesAmt |
| Management And General | $58,600 | ManagementAndGeneralAmt |
| Fundraising | $199,299 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,883,692 | TotalAmt |
| Program Services | $4,179,781 | ProgramServicesAmt |
| Management And General | $614,385 | ManagementAndGeneralAmt |
| Fundraising | $2,089,526 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $354,212 | TotalAmt |
| Program Services | $215,078 | ProgramServicesAmt |
| Management And General | $31,614 | ManagementAndGeneralAmt |
| Fundraising | $107,520 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $507,789 | TotalAmt |
| Program Services | $308,330 | ProgramServicesAmt |
| Management And General | $45,321 | ManagementAndGeneralAmt |
| Fundraising | $154,138 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $424,618 | TotalAmt |
| Program Services | $257,828 | ProgramServicesAmt |
| Management And General | $37,898 | ManagementAndGeneralAmt |
| Fundraising | $128,892 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,785 | TotalAmt |
| Program Services | $11,809 | ProgramServicesAmt |
| Management And General | $1,212 | ManagementAndGeneralAmt |
| Fundraising | $764 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,000 | TotalAmt |
| Program Services | $77,094 | ProgramServicesAmt |
| Management And General | $7,921 | ManagementAndGeneralAmt |
| Fundraising | $4,985 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,373,053 | TotalAmt |
| Program Services | $2,889,314 | ProgramServicesAmt |
| Management And General | $296,906 | ManagementAndGeneralAmt |
| Fundraising | $186,833 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,003 | TotalAmt |
| Program Services | $133,572 | ProgramServicesAmt |
| Management And General | $578 | ManagementAndGeneralAmt |
| Fundraising | $9,853 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $954,220 | TotalAmt |
| Program Services | $685,288 | ProgramServicesAmt |
| Management And General | $180,477 | ManagementAndGeneralAmt |
| Fundraising | $88,455 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $445,114 | TotalAmt |
| Program Services | $162,601 | ProgramServicesAmt |
| Management And General | $99,435 | ManagementAndGeneralAmt |
| Fundraising | $183,078 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,197,731 | TotalAmt |
| Program Services | $764,404 | ProgramServicesAmt |
| Management And General | $77,819 | ManagementAndGeneralAmt |
| Fundraising | $355,508 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,376 | TotalAmt |
| Program Services | $24,369 | ProgramServicesAmt |
| Management And General | $15,680 | ManagementAndGeneralAmt |
| Fundraising | $7,327 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,023,480 | TotalAmt |
| Program Services | $11,007,882 | ProgramServicesAmt |
| Management And General | $15,598 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,818 | TotalAmt |
| Program Services | $176,776 | ProgramServicesAmt |
| Management And General | $27,042 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,255 | TotalAmt |
| Program Services | $58,036 | ProgramServicesAmt |
| Management And General | $30,051 | ManagementAndGeneralAmt |
| Fundraising | $1,168 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| OTI BANKING OPERATING E | $32,453,604 | $32,453,604 |
| O.I. NETWORK PROGRAM EX | $4,918,669 | $4,918,669 |
| PROVISION FOR LOAN LOSS | $2,157,889 | $2,157,889 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$142,695 | TotalAmt |
| Program Services | -$158,389 | ProgramServicesAmt |
| Management And General | -$28,391 | ManagementAndGeneralAmt |
| Fundraising | $44,085 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,956,124 | TotalAmt |
| Program Services | $63,882,547 | ProgramServicesAmt |
| Management And General | $1,512,146 | ManagementAndGeneralAmt |
| Fundraising | $3,561,431 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,978,536 | BOYAmt |
| EOY | $55,089,813 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,584,243 | BOYAmt |
| EOY | $6,254,668 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,559,845 | BOYAmt |
| EOY | $159,841,431 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,435,481 | BOYAmt |
| EOY | $8,964,595 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $21,677,539 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,078,471 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,568,993 | BOYAmt |
| EOY | $11,599,068 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $621,055 | BOYAmt |
| EOY | $701,501 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,668 | BOYAmt |
| EOY | $307,868 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $266,123,821 | BOYAmt |
| EOY | $242,758,944 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,944,935 | BOYAmt |
| EOY | $14,545,814 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,575,469 | BOYAmt |
| EOY | $4,924,783 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,428,600 | BOYAmt |
| EOY | $38,955,778 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,142,974 | BOYAmt |
| EOY | $142,301,908 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,091,978 | BOYAmt |
| EOY | $200,728,283 | 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 | $31,022,500 | BOYAmt |
| EOY | $29,281,969 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,009,343 | BOYAmt |
| EOY | $12,748,692 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,031,843 | BOYAmt |
| EOY | $42,030,661 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $266,123,821 | BOYAmt |
| EOY | $242,758,944 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,751,910 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $97,919 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$7,851,011 | 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 | $21,378,858 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,246,759 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,636,368 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $25,788,125 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,108,224 | CurrentTaxYearAmt |
| Total | $111,158,334 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,378,858 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,246,759 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,636,368 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $25,788,125 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,108,224 | CurrentTaxYearAmt |
| Total | $111,158,334 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $16,203,682 | SubstantialContributorsTotAmt |
| Public Support Total170 | $94,954,652 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $230,402 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $72,286 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $39,436 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,039 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,365 | CurrentTaxYearAmt |
| Total | $357,528 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $111,515,862 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $326,591,733 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.85150 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75370 | 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 | $67,800 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $307,868 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,038,311 | BeginningYearBalanceAmt |
| Other Expenditures | $6,038,311 | OtherExpendituresAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,086,556 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$48,245 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,038,311 | EndYearBalanceAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,677,539 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,078,471 | DepreciationAmt |
| Book Value | $11,599,068 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $11,599,068 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSITS FROM CUSTOMERS | $129,258,508 |
| ALLOWANCE FOR LOSS IN OTHER INSTITUTIONS | $13,043,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $142,301,908 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $22,856,956 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $9,485 | OtherRevenueAmt |
| Revenue Not Reported | $9,485 | RevenueNotReportedAmt |
| Revenue Subtotal | $22,847,471 | RevenueSubtotalAmt |
| Other Revenues Not Included | $51,860,563 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $51,860,563 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $74,708,034 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $24,177,431 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,000,162 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,000,162 | ExpensesNotReportedAmt |
| Expenses Subtotal | $23,177,269 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $45,778,855 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $45,778,855 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $68,956,124 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | OPPORTUNITY HAS RECEIVED A DETERMINATION LETTER FROM THE IRS INDICATING THAT IT 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 ACCOMMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR CHARITABLE ACTIVITIES. OPPORTUNITY HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10. THE ONLY SIGNIFICANT TAX POSITION MANAGEMENT HAS IDENTIFIED IS THAT OF OPPORTUNITY'S TAX-EXEMPT STATUS. NO OTHER TAX POSITIONS, CERTAIN OR UNCERTAIN, HAVE BEEN IDENTIFIED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SUBSIDIARY CONTRIBUTION 9,485. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | REVENUE OF DISCONTINUED OPS 51,532,831. DIVIDEND INCOME 8,365. REALIZED LOSS -43,043. SUBSIDIARY ELIMINATION 362,410. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | INTERCOMPANY EXPENSE ALLOCATION 1,000,162. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | DISCONTINUED OPERATIONS - INTEREST 10,337,582. DISCONTINUED OPERATIONS -PROVISION FOR LOAN LOSS 2,157,889. DISCONTINUED OPERATIONS - OPERATING EXPENSES 33,136,665. DISCONTINUED OPERATIONS - INCOME TAX BENEFIT 146,719. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| SUB-SAHARAN AFRICA | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $949,269 |
| EUROPE | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $360,000 |
| CENTRAL AMERICA & THE CARIBBEAN | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $933,143 |
| EAST ASIA & THE PACIFIC | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $331,426 |
| SOUTH AMERICA | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $344,534 |
| SOUTH ASIA | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $23,290 |
| NORTH AMERICA | GRANTS TO RECIPIENTS IN THE REGION | GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION | $209,798 |
| 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 | $3,151,460 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $3,151,460 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (15 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| PHILIPPINES | SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS | $85,866 | WIRE TRANSFER |
| GHANA | IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION | $499,788 | WIRE TRANSFER |
| UGANDA | IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION | $70,027 | WIRE TRANSFER |
| COLOMBIA | SCHOOL IMPROVEMENT LOANS AND SCHOOL FEE LOANS AND RELATED OPERATIONAL EXPENSES AND TRAINING TO EXPAND ACCESSIBILITY OF EDUCATION IN LOW INCOME AREAS | $344,534 | WIRE TRANSFER |
| NICARAGUA | FINANCIAL AND AGRICULTURAL SERVICES AND TRAINING, EDUCATION AND COMMUNITY ECONOMIC DEVELOPMENT | $880,514 | WIRE TRANSFER |
| RWANDA | IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONSTO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION | $16,452 | WIRE TRANSFER |
| UNITED KINGDOM | SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS | $360,000 | WIRE TRANSFER |
| INDIA | TRAINING AND SUPPORT FOR COMMUNITY HEALTH FACILITATORS | $23,290 | WIRE TRANSFER |
| AUSTRALIA | GRANT TO TRAIN AND SUPPORT WOMEN IN INDIA TO ACT AS COMMUNITY HEALTH FACILITATORS, INCLUDING TRAINING MATERIALS AND MARKET STUDY | $195,000 | WIRE TRANSFER |
| CANADA | SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS | $209,798 | WIRE TRANSFER |
| HONG KONG | SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS | $10,000 | WIRE TRANSFER |
| CHINA | IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION | $40,560 | WIRE TRANSFER |
| MOZAMBIQUE | IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION | $24,000 | WIRE TRANSFER |
| MALAWI | IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION | $339,001 | WIRE TRANSFER |
| DOMINICAN REPUBLIC | IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION | $52,629 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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). DUSBURSEMENTS 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| OPPORTUNITY TRANSFORMATION INVESTMENTS INC | ||||||||
| 550 W VAN BUREN STREET SUITE 200 | CHICAGO | IL | 60607 | 364382506 | 501(C)(3) | $97,494 | N/A | FUNDS TO RELATED ORGANIZATION FOR OPERATING EXPENSES AND INVESTMENT IN SUBSIDIARY |
| OPPORTUNITY INC | ||||||||
| 550 W VAN BUREN STREET SUITE 200 | CHICAGO | IL | 60607 | 611748401 | 501(C)(3) | $393,287 | N/A | FUNDS TO AFFILIATE FOR OPERATING EXPENSES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
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 (11 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 | $368,100 | $0 | $144,000 | $0 | $0 | $0 | $16,650 | $0 | $10,982 | $0 | $539,732 | $0 | $0 | $0 |
| RONALD GRAY | ||||||||||||||
| LEGAL COUNSEL | $206,468 | $0 | $0 | $0 | $0 | $0 | $16,116 | $0 | $23,860 | $0 | $246,444 | $0 | $0 | $0 |
| KURTZ RANDY | ||||||||||||||
| CHIEF ADMINISTRATIVE OFFICER | $200,000 | $0 | $0 | $0 | $0 | $0 | $6,417 | $0 | $23,860 | $0 | $230,277 | $0 | $0 | $0 |
| TOMASIK MARGARET | ||||||||||||||
| SVP, FINANCE | $200,103 | $0 | $0 | $0 | $0 | $0 | $14,118 | $0 | $9,323 | $0 | $223,544 | $0 | $0 | $0 |
| WIEGMAN DAVID | ||||||||||||||
| VP, PROGRAM OPERATIONS | $151,295 | $0 | $0 | $0 | $0 | $0 | $10,458 | $0 | $23,860 | $0 | $185,613 | $0 | $0 | $0 |
| REDA LANA D | ||||||||||||||
| CHIEF PHILANTHROPY OFFICER | $202,000 | $0 | $0 | $0 | $0 | $0 | $2,667 | $0 | $0 | $0 | $204,667 | $0 | $0 | $0 |
| RIPLEY DENNIS W | ||||||||||||||
| CHIEF PROGRAM OFFICER | $200,000 | $0 | $0 | $0 | $0 | $0 | $9,500 | $0 | $16,591 | $0 | $226,091 | $0 | $0 | $0 |
| ROTH GREGORY E | ||||||||||||||
| SVP, PHILANTHROPY | $198,953 | $0 | $0 | $0 | $0 | $0 | $11,865 | $0 | $23,860 | $0 | $234,678 | $0 | $0 | $0 |
| LUTZ MARK K | ||||||||||||||
| SVP, PHILANTHROPY | $198,901 | $0 | $0 | $0 | $0 | $0 | $12,266 | $0 | $13,809 | $0 | $224,976 | $0 | $0 | $0 |
| HAIDUC AMELIA S | ||||||||||||||
| MANAGING DIRECTOR | $182,791 | $0 | $0 | $0 | $0 | $0 | $12,636 | $0 | $23,860 | $0 | $219,287 | $0 | $0 | $0 |
| OLSON LORI | ||||||||||||||
| VP, PHILANTHROPY | $152,548 | $0 | $2,500 | $0 | $0 | $0 | $10,845 | $0 | $0 | $0 | $165,893 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 67 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,821,217 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (6 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | DEBT FORGIVENESS | 2 | $1,250,000 | COST |
| Yes (X) | ADVERTISING | 3 | $269,060 | FMV |
| Yes (X) | ACCOUNTING SERVICES | 1 | $50,000 | FMV |
| Yes (X) | TRAVEL | 9 | $29,715 | COST |
| Yes (X) | LEGAL SERVICE | 1 | $17,492 | FMV |
| Yes (X) | INTEREST FORGIVENESS | 1 | $12,069 | COST |
| 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 O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 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 VIRCHOW KRAUSE LLP. TREASURER OF OPPORTUNITY INTERNATIONAL (OI) REVIEWS THE DRAFT PREPARED BY BAKER TILLY VIRCHOW KRAUSE LLP AND DISCUSSES COMMENTS AND QUESTIONS WITH BAKER TILLY VIRCHOW KRAUSE LLP. 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 HUMAN RESOURCES DEPARTMENT. IN THE CASE OF THE CEO AND OTHER DIRECTORS, CONFLICTS OF INTEREST ARE REPORTED TO THE FINANCE COMMITTEE, AND THE 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 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 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: | FOREIGN CURRENCY TRANSLATION LOSS -2,258,505. MINORITY INTEREST 47,916. BANKING ACTIVITY -3,672,927. REALIZED LOSS ON ASSETS HELD FOR DISPOSAL -1,967,495. |
| PART XII, LINE 2C | THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. |
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 | |||||||||||
| 550 W VAN BUREN STREET SUITE 200 | CHICAGO | IL | 60607 | 364382506 | TO INVEST AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS | IL | 501(C)(3) | LINE 7 | OPPORTUNITY INTERNATIONAL | Yes (1) | |
| OPPORTUNITY INC | |||||||||||
| 550 W VAN BUREN STREET SUITE 200 | CHICAGO | IL | 60607 | 611748401 | TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR | IL | 501(C)(3) | LINE 7 | 0 | N/A | |
| OPPORTUNITY INTERNATIONAL NICARAGUA INC | |||||||||||
| 550 W VAN BUREN STREET SUITE 200 | CHICAGO | IL | 60607 | 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 (3 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 | OTHER DEPOSITORY | RI | OPPORTUNITY TRANSFORMATION INVESTMENTS | C | $5,462 | $170,612,246 | 1.00000 | Yes (1) |
| OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED | ||||||||||
| NO D765/3 KWAMWE NKRUMAH AVENUE | ACCRA | GH | OTHER DEPOSITORY | GH | OPPORTUNITY TRANSFORMATION INVESTMENTS | C | -$219,228 | $47,144,085 | 0.60600 | Yes (1) |
| OPPORTUNITY INTERNATIONAL COLUMBIA SA FINANCING CO | ||||||||||
| CALLE 70 7-30 | BOGOTA | CO | OTHER DEPOSITORY | CO | OPPORTUNITY TRANSFORMATION INVESTMENTS | C | -$523,967 | Yes (1) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | 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 | 0 | 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 | 0 | 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 (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| OPPORTUNITY TRANSFORMATION INVESTMENTS | ||
| B | $97,494 | CASH TRANSFERRED |
| OPPORTUNITY INC | ||
| B | $393,287 | CASH TRANSFERRED |
| OPPORTUNITY INTERNATIONAL NICARAGUA INC | ||
| B | $889,999 | CASH TRANSFERRED |
| OPPORTUNITY BANK SERBIA | ||
| L | $1,293,288 | CASH TRANSFERRED |