2018-09-13T07:02:24-05:00 2017-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650N BETHESDA MD 208142930 990 2017-01-01 813214432 OPPORTUNITYWORK INC OPPO 2028474470 1111 19TH STREET NW NO 1180 WASHINGTON DC 20036 BYRON G AUGUSTE CEO & CO-FOUNDER 2028474470 2018-09-13 1 3019519090 75.103.231.202 2018-09-13 08:01:59 ED P 4FA38BE9C690C82C721A5060F87FC7588CB81F81 8F6EC2B45C57721F49CA0177513CEED45727EB37 2017 2018-06-14 16:35:46Z BYRON G AUGUSTE 1111 19TH STREET NW NO 1180 WASHINGTON DC 20036 8951467 0 X WWW.OPPORTUNITYATWORK.ORG X 2016 DE SEE PART III, LINE 1. 3 2 44 50 0 0 2500000 8950119 0 0 0 0 0 1348 2500000 8951467 0 50400 0 0 0 3064735 0 0 0 0 1485553 0 4600688 2500000 4350779 2500000 7070509 0 219730 2500000 6850779 X TO EXPAND ACCESS TO CAREER OPPORTUNITIES SO THAT ALL AMERICANS CAN WORK, LEARN, AND EARN TO THEIR FULL POTENTIAL IN A DYNAMIC ECONOMY. 1 0 2962541 WE STRIVE TO TRANSFORM HIRING PRACTICES, EXPAND LEARNING PATHWAYS AND PIONEER INNOVATIVE TALENT FINANCING SO THAT ALL AMERICANS WHO HAVE THE SKILLS CAN SHOW THAT THEY CAN DO THE JOB. IN 2017, WE FOCUSED ON BUILDING AN OPERATING MODEL (WHICH INCLUDES WORKING WITH THE TECHHIRE INITIATIVE PARTNERS) TO ENGAGE COMMUNITIES, ADAPT TOOLS AND SECURE PARTNERSHIPS TO TRANSFORM HIRING PRACTICES, EXPAND LEARNING PATHWAYS AND PIONEER TALENT FINANCING. WE CONVENED A NATIONAL TECHHIRE ROUNDTABLE WHERE TECHHIRE COMMUNITIES SHARED THEIR LOCAL AND REGIONAL EXPERIENCES AND COMPARED BEST PRACTICES. WE SUCCESSFULLY LAUNCHED A TECHHIRE BLOG SERIES FEATURING SUCCESS STORIES OF AMERICANS WHO FOUND MEANINGFUL CAREERS VIA TECHHIRE INITIATIVES. WE LAUNCHED A PROTOTYPE OF OUR PLATFORM IN RHODE ISLAND ON WHICH JOB SEEKERS CAN DEMONSTRATE THEIR TECHNICAL SKILLS, BE INTERVIEWED BY EXPERIENCE VOLUNTEERS, GET FEEDBACK TO STRENGTHEN THEIR PERFORMANCE AND BE HIRED WHEN READY INTO CAREER PATH IT JOBS. 351044 50400 IN 2017, WE LAUNCHED THE TALENT EQUITY FINANCING PROGRAM WHERE WE CO-FINANCED OUR FIRST COHORT OF LOW INCOME WORKING LEARNERS FOR WEB DEVELOPMENT TO GAIN THE KNOWLEDGE AND GET HIRED INTO CAREER PATH IT JOBS WITHOUT BEARING EXCESSIVE FINANCIAL BURDEN. 3313585 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 28 0 1 44 1 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X YOLANDA TOWNSEND 2028474470 1111 19TH STREET NW SUITE 1180 WASHINGTON DC 20036 BYRON AUGUSTE CEO & CO-FOUNDER 60.00 X X 198882 0 28554 ANNE-MARIE SLAUGHTER TREASURER 1.00 X X 0 0 0 REID HOFFMAN CHAIRMAN 1.00 X 0 0 0 KARAN CHOPRA EXECUTIVE VICE PRES. & CO-FOUNDER 60.00 X 208736 0 12311 YOLANDA TOWNSEND SR. VICE PRESIDENT & GENERAL COUNSEL 60.00 X 210000 0 8475 KHALILA HARRIS CHIEF OF STAFF 40.00 X 200672 0 1983 YUANXIA DING VICE PRES. STRATEGY & BUSINESS OPS. 40.00 X 150428 0 7244 PAPIA DEBROY DIRECTOR OF HIRING SOLUTIONS 40.00 X 126417 0 11990 DAMIAN EWENS PROJECT DIRECTOR 40.00 X 108992 0 19848 RICH POPLAWSKI PRODUCT MANAGER 40.00 X 103672 0 13915 1307799 0 104320 9 0 1 0 SOURCE LAB 1400 20TH STREET NW SUITE 220 WASHINGTON DC 20036 IT ENGINEERING 266281 LAUREL STRATEGIES 4A OXFORD STREET CHEVY CHASE MD 20815 COMMUNICATION SERVICES 151990 MOLLY LINDSAY 48 MONROE PLACE APT 1 BROOKLYN NY 11201 RESEARCH AND CONSULTING SERVICES 120929 3 8950119 8950119 MISCELLANEOUS 900099 1348 1348 1348 8951467 0 0 1348 50400 50400 666958 200856 466102 2004859 1677721 327138 64972 54048 10924 144710 113239 31471 183236 130098 53138 2721 1932 789 55705 39551 16154 313627 222674 90953 2821 2003 818 27877 19757 8120 530620 376740 153880 242755 172356 70399 135457 96174 39283 20867 14816 6051 945 671 274 14901 10580 4321 TUITION FINANCING 112125 112125 GENERAL & ADMIN. 6675 4739 1936 STAFF RECRUITMENT 5915 4200 1715 PAYROLL PROCESSING 5093 3616 1477 7449 5289 2160 4600688 3313585 1287103 0 2440935 6150760 20000 850500 18750 44065 6129 945 2815 5184 37500 0 2500000 7070509 126025 79344 0 14361 0 219730 X 2500000 6012870 837909 2500000 6850779 2500000 7070509 4350779 0 X 0 1 X 1 0 X 2500000 8950119 11450119 2500000 8950119 11450119 8512913 2937206 1348 1348 11451467 X 6129 945 5184 5184 DEFERRED RENT 14361 14361 X 8988854 37387 37387 8951467 0 8951467 4638075 37387 37387 4600688 0 4600688 PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2017, OPPORTUNITY@WORK, INC. HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. 1 STUDENT STIPENDS 15 50400 PART I, LINE 2: LIVING ASSISTANCE: FOR LOW INCOME STUDENTS SELECTED AND ENROLLED IN OUR TALENT EQUITY FINANCING PROGRAM, WE PROVIDE A MONTHLY CASH DISBURSEMENT DIRECTLY TO THE STUDENTS WHILE THEY ARE ENROLLED IN THE COURSE AND UP TO 3 MONTHS AFTER GRADUATION. STUDENTS RECEIVE THE LIVING ASSISTANCE AS LONG AS THEY ARE ENROLLED IN THE TRAINING COURSE AND NOT YET EMPLOYED. WHILE WE DO NOT REQUIRE ANY INFORMATION ON EXPENDITURE STATEMENTS, EACH STUDENT SIGNS A STIPEND AWARD AGREEMENT INDICATING THAT THE STIPEND IS TO BE USED FOR LIVING ASSISTANCE TO COVER LIVING EXPENSES TO SUPPORT THEIR FULL-TIME COMMITMENT TO THE TRAINING PROGRAM. X 0 0 0 0 0 0 0 0 0 BYRON AUGUSTE CEO & CO-FOUNDER 198882 0 0 0 0 0 6750 0 21804 0 227436 0 0 0 KARAN CHOPRA EXECUTIVE VICE PRES. & CO-FOUNDER 208736 0 0 0 0 0 5916 0 6395 0 221047 0 0 0 YOLANDA TOWNSEND SR. VICE PRESIDENT & GENERAL COUNSEL 210000 0 0 0 0 0 6750 0 1725 0 218475 0 0 0 KHALILA HARRIS CHIEF OF STAFF 200672 0 0 0 0 0 1983 0 0 0 202655 0 0 0 YUANXIA DING VICE PRES. STRATEGY & BUSINESS OPS. 150428 0 0 0 0 0 6521 0 723 0 157672 0 0 0 FORM 990, PART III, LINE 2 IN 2017, THE ORGANIZATION LAUNCHED THE TALENT EQUITY FINANCING PROGRAM. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS. THE FORM 990 WAS EMAILED TO THE BOARD MEMBERS FOR THEIR REVIEW, COMMENT AND APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURES ARE PROVIDED BY EACH BOARD MEMBER AND EMPLOYEE. THE PRESIDENT REVIEWS ANY POTENTIAL CONFLICTS ANNUALLY AND FOLLOWS THE PROCEDURES TO RESOLVE ANY SUCH CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION RESEARCHED COMPARABILITY DATA TO DETERMINE THE CEO'S SALARY AND RELIED ON PAYSCALE DATA FROM HUMAN CAPITAL DATA SOURCE TO DETERMINE THE MEDIAN OF CEO SALARIES IN THE WASHINGTON, DC AREA AND COMPARED IT TO OPPORTUNITY@WORK'S CURRENT CEO'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST TO INTERESTED PARTIES AND GOVERNMENT BODIES. OPPORTUNITYWORK - TALENT EQUITY FUND LLC 1111 19TH STREET NW SUITE 1180 WASHINGTON DC 20036 364879557 SEE PART VII BELOW DE 0 6610 OPPORTUNITYWORK INC PART I, COLUMN (B) PRIMARY ACTIVITY: PROVIDING FINANCIAL ASSITANCE TO INDIVIDUALS WITH POOR OR NO CREDIT TO PURSUE EDUCATION AND TRAINING PROGRAMS, IN THE FORM OF INCOME SHARE AGREEMENT OR OTHER INNOVATIVE FINANCING.