2018-11-15T18:45:08-06:00 2017-12-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 205 N MICHIGAN AVE 2800 CHICAGO IL 606015927 990 2017-01-01 540907624 OPPORTUNITY INTERNATIONAL INC D/B/A OPPORTUNITY INTERNATIONAL-US OPPO 3124875000 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 MARGARET TOMASIK SVP FINANCE & TREASURER 3124875000 2018-11-15 1 MARK HEROUX P00959793 3127298000 2018-11-15 38.88.202.179 2018-11-15 18:40:17 CS P 08762F0D18350026DDFD606973AA7C1F94B48541 08762F0D18350026DDFD606973AA7C1F94B48541 2017 2019-02-21 02:37:17Z MARGARET TOMASIK 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 78486296 0 X WWW.OPPORTUNITY.ORG X 1971 IL OPPORTUNITY INTERNATIONAL, INC D/B/A OPPORTUNITY INTERNATIONAL - US (OI) IS A TAX EXEMPT, PUBLICLY SUPPORTED CHRISTIAN-BASED CORPORATION THAT HELPS PEOPLE IN DEVELOPING NATIONS WORK THEIR WAY OUT OF POVERTY, STRENGTHEN THEIR FAMILIES AND IMPROVE THEIR COMMUNITIES. OPPORTUNITY INTERNATIONAL INC. IS PART OF THE OPPORTUNITY INTERNATIONAL NETWORK THAT CURRENTLY PROVIDES LOANS, SAVINGS PROGRAMS, INSURANCE AND OTHER FINANCIAL SERVICES AND TRAINING TO MORE THAN 9.6 MILLION CLIENTS IN 22 COUNTRIES ACROSS AFRICA, ASIA, LATIN AMERICA AND EUROPE. IN 2017, OPPORTUNITY AND ITS PARTNERS SERVED 5.5 MILLION LOAN CLIENTS, 5.9 MILLION SAVINGS CLIENTS AND 591,000 CHILDREN ACROSS 22 DEVELOPING COUNTRIES. DISCOVER MORE AT OPPORTUNITY.ORG. X 13 12 74 60 0 0 21246759 21636368 72876992 56810492 72286 -558161 0 0 94196037 77888699 8834254 4603271 0 0 7856795 7186046 0 0 3700189 81085407 66788880 97776456 78578197 -3580419 -689498 252867644 253928479 195845494 209791265 57022150 44137214 X OPPORTUNITY INTERNATIONAL, INC D/B/A OPPORTUNITY INTERNATIONAL - US (OI) IS A TAX EXEMPT, PUBLICLY SUPPORTED CHRISTIAN-BASED CORPORATION THAT HELPS PEOPLE IN DEVELOPING NATIONS WORK THEIR WAY OUT OF POVERTY, STRENGTHEN THEIR FAMILIES AND IMPROVE THEIR COMMUNITIES. OPPORTUNITY INTERNATIONAL INC. IS PART OF THE OPPORTUNITY INTERNATIONAL NETWORK THAT CURRENTLY PROVIDES LOANS, SAVINGS PROGRAMS, INSURANCE AND OTHER FINANCIAL SERVICES AND TRAINING TO MORE THAN 9.6 MILLION CLIENTS IN 20 COUNTRIES ACROSS AFRICA, ASIA, LATIN AMERICA AND EUROPE. IN 2017, THE NETWORK MADE MORE THAN $1.6 BILLION IN LOANS THROUGH MORE THAN 23,000 EMPLOYEES AROUND THE WORLD. DISCOVER MORE AT OPPORTUNITY.ORG. 0 0 58909999 43531100 OPPORTUNITY INTERNATIONAL, INC D/B/A OPPORTUNITY INTERNATIONAL - US (OI) IS A TAX EXEMPT, PUBLICLY SUPPORTED CHRISTIAN-BASED CORPORATION THAT HELPS PEOPLE IN DEVELOPING NATIONS WORK THEIR WAY OUT OF POVERTY, STRENGTHEN THEIR FAMILIES AND IMPROVE THEIR COMMUNITIES. OPPORTUNITY INTERNATIONAL INC. IS PART OF THE OPPORTUNITY INTERNATIONAL NETWORK THAT CURRENTLY PROVIDES LOANS, SAVINGS PROGRAMS, INSURANCE AND OTHER FINANCIAL SERVICES AND TRAINING TO MORE THAN 9.6 MILLION CLIENTS IN 22 COUNTRIES ACROSS AFRICA, ASIA, LATIN AMERICA AND EUROPE. IN 2017, OPPORTUNITY AND ITS PARTNERS SERVED 5.5 MILLION LOAN CLIENTS, 5.9 MILLION SAVINGS CLIENTS AND 591,000 CHILDREN ACROSS 22 DEVELOPING COUNTRIES. DISCOVER MORE AT OPPORTUNITY.ORG 3023085 3023085 3023085 OI PROVIDED FUNDS FOR MEMBER AGENCIES' LENDING OPERATIONS. MEMBER AGENCIES PROVIDED CONSULTING VISITS WITH POOR BORROWERS AND POOR PARTICIPANTS ATTENDED SEVERAL SMALL BUSINESS TRAINING SEMINARS 8676121 8676121 OI PROVIDED SUPPORT TO MEMBER AGENCIES VIA THE HOME OFFICE IN CHICAGO AND REGIONAL OFFICES. SUPPORT IN THE FORM OF OVERSIGHT, OPERATIONS CONSULTING, AND PARTNER AGENCY STAFF TRAINING. 1580186 1580186 240844 OI GRANTED FUNDS TO AFFILIATES, OPPORTUNITY INC., OPPORTUNITY TRANSFORMATION INVESTMENTS, INC., AND OPPORTUNITY INTERNATIONAL NICARAGUA, INC. 1580186 1580186 240844 72189391 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 1 0 0 1 77 0 74 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA CT GA IL KS ME MD MA MI MN MS NJ NY NC OH OR PA RI SC TN VA WA WI AZ FL NH CO X X X MARGARET TOMASIK SVP FINANCE & TREASURER 8007939455 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 KATEY ASSEM DIRECTOR 3.00 3.00 X 0 0 0 MUFFY MACMILLAN DIRECTOR 3.00 0.00 X 0 0 0 VICKI ESCARRA CEO, OPPORTUNITY INC 17.00 38.00 X X 69489 141083 29558 SUSAN GILLETTE DIRECTOR 3.00 0.00 X 0 0 0 BARABARA LUPIENT DIRECTOR 3.00 0.00 X 0 0 0 JANE NELSON DIRECTOR 3.00 3.00 X 0 0 0 ELIZABETH PERDUE SECRETARY 3.00 0.00 X X 0 0 0 KAREN ROBINSON COPE DIRECTOR 3.00 0.00 X 0 0 0 HERVE SARTEAU DIRECTOR 3.00 3.00 X 0 0 0 BETH JOHNSTON STEPHENSON DIRECTOR 3.00 3.00 X 0 0 0 JOHN HART DIRECTOR 3.00 3.00 X 0 0 0 LEANN POPE DIRECTOR 5.00 5.00 X 0 0 0 DAVE M TOLMIE CHAIR 7.00 3.00 X X 0 0 0 JAMES W COX DIRECTOR 3.00 3.00 X 0 0 0 RICHARD MCCLURE DIRECTOR 3.00 0.00 X 0 0 0 ALANA ACKERSON DIRECTOR 3.00 0.00 X 0 0 0 JEFF GERMANOTIA DIRECTOR 5.00 5.00 X 0 0 0 ATUL TANDON CHIEF EXECUTIVE OFFICER 55.00 0.00 X X 397229 0 26745 RON GRAY LEGAL COUNSEL & SECRETARY 42.00 13.00 X 207188 69063 48931 DAVID WIEGMAN VP, INT'L FINANCE & ASST SECRETARY 55.00 0.00 X 142516 0 37068 MARGARET TOMASIK SVP FINANCE & TREASURER 55.00 0.00 X 187582 0 34528 DENNIS WALLESTAD COO THROUGH JANUARY 2017 0.00 20.00 X 0 6057 16547 MARK LUTZ SVP GLOBAL PHILANTHROPY 55.00 0.00 X 198404 0 35858 GREGORY ROTH SVP, PHILANTHROPY 55.00 X 200256 0 42682 DANA RICE MANAGING DIRECTOR, PHILANTHROPY 40.00 0.00 X 207725 0 31335 AMELIA S HAIDUC SVP, INTERNATIONAL BUSINESS DEVELOPMENT 55.00 0.00 X 192033 0 40189 NOEL A MCBRIDE VP, FINANCIAL PLANNING & ANALYSIS 37.00 18.00 X 116668 57464 36062 1919090 273667 379503 25 0 1 0 BLACK BAUD PO BOX 930256 ATLANTA GA 311930256 SOFTWARE LICENSES & MAINTENANCE 219834 KPMG PO BOX 120970 DALLAS TX 753120970 AUDITING 170000 AMSTERDAM GROUP 390 WOODSWORD RD UNIT 24 TORONTO ONTARIO CA M2L279 CONSULTING 166954 AMAHLE 65614 HUNTINGTON CT NAPERVILLE IL 60540 TRAVEL PLANNING 164466 4 445404 21190964 1996845 21636368 MICRO FINANCE REVENUE 522100 55674093 55674093 SUPPORT SERVICE REVENUE 522100 1136399 1136399 56810492 39436 39436 597597 -597597 -597597 -597597 77888699 56810492 0 -558161 1580186 1580186 3023085 3023085 1003576 437187 165257 401132 4956566 2159224 816191 1981151 352812 153695 58097 141020 528558 230255 87037 211266 344534 150089 56734 137711 14442 8982 3247 2213 66667 41460 14990 10217 1485645 923922 334038 227685 348534 318225 16917 13392 454121 106645 266225 81251 519386 49960 458843 10583 638754 189670 128514 320570 51957 6348 39240 6369 12560885 12539091 21794 1078770 975000 103770 89882 59080 30661 141 OTI BANKING OPERATING E 37052740 37052740 O.I. NETWORK PROGRAM EX 8676121 8676121 PROVISION FOR LOAN LOSS 3905357 3905357 -154381 -396931 87062 155488 78578197 72189391 2688617 3700189 65356985 57684464 9600284 8987755 150119733 169381823 13743455 10489141 19334548 12885570 13153534 6448978 502985 560650 390668 375668 252867644 253928479 17342613 16579556 2304125 4237692 38694669 48117259 137504087 140856758 195845494 209791265 X 34278540 25860135 22743610 18277079 57022150 44137214 252867644 253928479 X -689498 11044 -12206482 X X 0 1 X 1 0 X 43513078 48834877 21378858 21246759 21636368 156609940 43513078 48834877 21378858 21246759 21636368 156609940 35046001 121563939 779758 147917 230402 72286 39436 1269799 728283 174 728457 158608196 393371958 0.76640 0.66880 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2013 AMOUNT: $ 728,283. 2014 AMOUNT: $ 174. 5 0 15000 375668 1 1 6038311 6038311 6086556 -48245 6038311 5867592 218964 6086556 6539515 -671923 5867592 19334548 12885570 6448978 6448978 DEPOSITS FROM CUSTOMERS 127500515 ALLOWANCE FOR LOSS IN OTHER INSTITUTIONS 13356243 140856758 X 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. 1 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 1048031 EUROPE 0 0 GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 1047940 CENTRAL AMERICA & THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 1165557 EAST ASIA & THE PACIFIC 0 0 GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 1409468 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 205208 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 33712 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 9204 0 0 0 0 0 0 4919120 0 4919120 PHILIPPINES SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS 576078 WIRE TRANSFER 0 GHANA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 363451 WIRE TRANSFER 0 UGANDA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 177737 WIRE TRANSFER 0 COLOMBIA SCHOOL IMPROVEMENT LOANS AND SCHOOL FEE LOANS AND RELATED OPERATIONAL EXPENSES AND TRAINING TO EXPAND ACCESSIBILITY OF EDUCATION IN LOW INCOME AREAS 205208 WIRE TRANSFER 0 NICARAGUA FINANCIAL AND AGRICULTURAL SERVICES AND TRAINING, EDUCATION AND COMMUNITY ECONOMIC DEVELOPMENT 1165557 WIRE TRANSFER 0 RWANDA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONSTO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 160925 WIRE TRANSFER 0 TANZANIA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 25374 WIRE TRANSFER MOZAMBIQUE SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS. EXPAND AGRICULTURE FINANCE AND EDUCATION QUALITY PROGRAMS 272995 WIRE TRANSFER 0 MALAWI IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 7550 WIRE TRANSFER UNITED KINGDOM SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS 105972 WIRE TRANSFER 0 INDIA TRAINING AND SUPPORT FOR COMMUNITY HEALTH FACILITATORS 33712 WIRE TRANSFER 0 HONG KONG OPERATIONAL SUPPORT FOR TEAM TO ASSIST IMPLEMENTING BANKS IN CHINA IN TECHNOLOGY, MANAGING OPERATIONS, AND EXTENDING FINANCIAL SERVICES 25000 WIRE TRANSFER 0 CHINA SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 508771 WIRE TRANSFER 0 CANADA TECHNOLOGY UPGRADE 9204 WIRE TRANSFER 0 AUSTRALIA GRANT TO TRAIN AND SUPPORT WOMEN IN INDIA TO ACT AS COMMUNITY HEALTH FACILITATORS, INCLUDING TRAINING MATERIALS AND MARKET STUDY 299619 WIRE TRANSFER 0 ROMANIA GRANT FOR LOAN FUNDS AND OPERATING EXPENSES OF MICROFINANCE INSTITUTIONS 941968 WIRE TRANSFER 0 NIGERIA GRANT FOR EDUCATIONAL PURPOSES 40000 WIRE TRANSFER 0 10 13 0 0 1 0 0 0 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 THEM 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. 1 OPPORTUNITY TRANSFORMATION INVESTMENTS INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 364382506 501(C)(3) 815732 0 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) 764454 0 N/A FUNDS TO AFFILIATE FOR OPERATING EXPENSES 2 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 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. X 0 1 X X 0 0 0 0 0 0 0 0 0 VICKI ESCARRA CEO, OPPORTUNITY INC 66000 134000 0 0 3489 7083 8536 17330 1218 2474 79243 160887 0 0 ATUL TANDON CHIEF EXECUTIVE OFFICER 360000 0 27944 0 9285 0 10782 0 15963 0 423974 0 0 0 RON GRAY LEGAL COUNSEL & SECRETARY 207188 69063 0 0 0 0 19397 6466 17301 5767 243886 81296 0 0 DAVID WIEGMAN VP, INT'L FINANCE & ASST SECRETARY 142516 0 0 0 0 0 15164 0 21904 0 179584 0 0 0 MARGARET TOMASIK SVP FINANCE & TREASURER 187582 0 0 0 0 0 19434 0 15094 0 222110 0 0 0 MARK LUTZ SVP GLOBAL PHILANTHROPY 198404 0 0 0 0 0 21859 0 13999 0 234262 0 0 0 GREGORY ROTH SVP, PHILANTHROPY 187756 0 12500 0 0 0 20862 0 21820 0 242938 0 0 0 DANA RICE MANAGING DIRECTOR, PHILANTHROPY 195225 0 12500 0 0 0 21761 0 9574 0 239060 0 0 0 AMELIA S HAIDUC SVP, INTERNATIONAL BUSINESS DEVELOPM 173133 0 18900 0 0 0 17840 0 22349 0 232222 0 0 0 NOEL A MCBRIDE VP, FINANCIAL PLANNING & ANALYSIS 116668 57464 0 0 0 0 11346 5588 12816 6312 140830 69364 0 0 PART I, LINE 1A OTHER TAXABLE INCOME (RELOCATION BENEFIT) WAS GROSSED UP PER EMPLOYMENT OFFER LETTER. X 109 1452884 FMV X 1 5658 FMV X ADVERTISING 16 437843 X LEGAL SERVICE 7 89223 X TRAVEL 13 11237 0 1 0 OWNERSHIP INTEREST IN OPPORTUNITY INTERNATIONAL BANK OF MALAWI 2017-08-18 1 SALES PRICE FIRST MERCHANT BANK PLC LIVINGSTONE TOWERS GLYN JONES BLANTYRE MI OWNERSHIP INTEREST IN OPPORTUNITY MICROCREDIT ROMANIA IFN S.A. 2017-12-29 1 SALES PRICE DANUBE CAPITAL SRL BUZESTI STREET 50-52 BUCHAREST RO 0 0 0 0 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 OPPORTUNIT 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 GAIN 3,504,473. MINORITY INTEREST 1,128,541. LOSS ON DISPOSITION OF ASSETS HELD FOR SALE -2,137,008. BANKING ACTIVITY -14,702,488. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. 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 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 N/A 0 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 1 OPPORTUNITY BANK AD NOVI SAD BULEVAR OSLOBODJENJA 2A NOVI SAD RI OTHER DEPOSITORY RI OPPORTUNITY TRANSFORMATION INVESTMENTS C 7571768 144107890 1.00000 1 OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED NO D765/3 KWAMWE NKRUMAH AVENUE ACCRA GH OTHER DEPOSITORY GH OPPORTUNITY TRANSFORMATION INVESTMENTS C 436184 35898250 0.76080 1 OPPORTUNITY INTERNATIONAL COLUMBIA SA FINANCING CO CALLE 70 7-30 BOGOTA CO OTHER DEPOSITORY CO OPPORTUNITY TRANSFORMATION INVESTMENTS C -2903649 30779436 0.73870 1 OPPORTUNITY INTERNATIONAL BANK OF MALAWI LTD PLOTS 046-048 OLD TOWN PRIVATE BA LILONGWE MI OTHER DEPOSITORY MI OPPORTUNITY TRANSFORMATION INVESTMENTS C 368485 1 OPPORTUNITY MICROCREDIT ROMANIA IFN SA NO 183 1 DECEMBRIE BLVD TARGA MURES RO OTHER DEPOSITORY RO OPPORTUNITY TRANSFORMATION INVESTMENTS C -550179 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 OPPORTUNITY TRANSFORMATION INVESTMENTS B 815732 CASH TRANSFERRED OPPORTUNITY TRANSFORMATION INVESTMENTS L 795252 CASH TRANSFERRED OPPORTUNITY INC B 764454 CASH TRANSFERRED OPPORTUNITY INC L 100000 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL NICARAGUA INC B 956011 CASH TRANSFERRED