2016-11-15T15:42:10-06:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2015-01-01 540907624 OPPORTUNITY INTERNATIONAL INC D/B/A OPPORTUNITY INTERNATIONAL-US OPPO 3124875000 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 DENNIS WALLESTAD CHIEF OPERATING OFFICER 3124875000 2016-11-15 1 ROBERT J NOWAK CPA MST P00527435 6305738600 2015 2017-02-10 21:41:12Z DENNIS WALLESTAD 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 107800238 0 X WWW.OPPORTUNITY.ORG X 1971 IL OPPORTUNITY INTERNATIONAL, INC D/B/A OPPORTUNITY INTERNATIONAL - US 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 14 MILLION CLIENTS IN 24 COUNTRIES ACROSS AFRICA, ASIA, LATIN AMERICA AND EUROPE. IN 2015, THE NETWORK MADE MORE THAN $1.4 BILLION IN LOANS THROUGH MORE THAN 23,000 EMPLOYEES AROUND THE WORLD. DISCOVER MORE AT OPPORTUNITY.ORG. 16 15 123 176 0 0 48834877 21378858 91786121 84088381 147917 2332999 174 0 140769089 107800238 15676732 22389227 0 0 13055168 10780313 0 0 7839436 110099828 98687600 138831728 131857140 1937361 -24056902 59009891 37449255 17007477 16822314 42002414 20626941 X OPPORTUNITY INTERNATIONAL, INC D/B/A OPPORTUNITY INTERNATIONAL - US 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 14 MILLION CLIENTS IN 24 COUNTRIES ACROSS AFRICA, ASIA, LATIN AMERICA AND EUROPE. IN 2015, THE NETWORK MADE MORE THAN $1.4 BILLION IN LOANS THROUGH MORE THAN 23,000 EMPLOYEES AROUND THE WORLD. DISCOVER MORE AT OPPORTUNITY.ORG. 0 0 92028136 55354994 OPPORTUNITY INTERNATIONAL, INC D/B/A OPPORTUNITY INTERNATIONAL - US 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 14 MILLION CLIENTS IN 24 COUNTRIES ACROSS AFRICA, ASIA, LATIN AMERICA AND EUROPE. IN 2015, THE NETWORK MADE MORE THAN $1.4 BILLION IN LOANS THROUGH MORE THAN 23,000 EMPLOYEES AROUND THE WORLD. DISCOVER MORE AT OPPORTUNITY.ORG. 9239634 9239634 9239634 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. 13149593 13149593 13149593 OI GRANTED FUNDS TO AFFILIATE OPPORTUNITY TRANSFORMATION INVESTMENTS, INC. 6344159 6344159 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. 6344159 6344159 120761522 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 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 0 0 1 1 1 0 0 1 72 0 123 1 0 1 RP 0 0 0 0 0 0 0 0 0 0 0 X 16 15 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 KY ME MD MA MI MN MS NJ NM NY NC OH OR PA RI SC TN VA WA WI AZ FL NH CO X X DENNIS WALLESTAD 8007939455 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 KATEY ASSEM DIRECTOR 5.00 0.00 X 0 0 0 SANDRA DAVIS DIRECTOR 5.00 0.00 X 0 0 0 VICKI ESCARRA CHIEF EXECUTIVE OFFICER 15.00 45.00 X X 123208 250149 40421 PETER KING DIRECTOR 5.00 0.00 X 0 0 0 MARK LINSZ DIRECTOR 2.50 2.50 X 0 0 0 BARBARA LUPIENT DIRECTOR 5.00 0.00 X 0 0 0 JANE NELSON DIRECTOR 2.50 2.50 X 0 0 0 ELIZABETH PERDUE DIRECTOR 5.00 0.00 X 0 0 0 KAREN ROBINSON COPE DIRECTOR 5.00 0.00 X 0 0 0 HERVE SARTEAU DIRECTOR 2.50 2.50 X 0 0 0 BETH JOHNSTON STEPHENSON VICE CHAIR 2.50 2.50 X 0 0 0 MARK A THOMPSON CHAIR 2.50 2.50 X 0 0 0 LEANN POPE DIRECTOR 2.50 2.50 X 0 0 0 DAVE M TOLMIE DIRECTOR 5.00 0.00 X 0 0 0 JAMES W COX DIRECTOR 2.50 2.50 X 0 0 0 RICHARD MCCLURE DIRECTOR 5.00 0.00 X 0 0 0 PETER THORRINGTON DIRECTOR 2.50 2.50 X 0 0 0 RICHARD C JOHN SVP AND U.S. CFO 45.00 10.00 X 176628 0 26789 DENNIS W RIPLEY CHIEF BUSINESS DEVELOPMENT 45.00 10.00 X 241212 0 37007 STEPHEN P LAVEY CHIEF FINANCIAL OFFICER 10.00 45.00 X 0 352209 41104 MARK LUTZ SVP GLOBAL PHILANTRHOPY 55.00 0.00 X 203170 0 26664 ELIZABETH LANG SVP MARKETING 55.00 0.00 X 178681 0 13763 GREGORY ROTH SVP PHILANTHROPY 55.00 0.00 X 202181 0 34311 JAMES MAZA CHIEF INFORMATION OFFICER 55.00 0.00 X 176712 0 31329 JENNIFER MITRENGA VP INSTITUIONAL GIVING & WOMEN'S PHILANTRHOPY 55.00 0.00 X 167191 0 19648 1468983 602358 271036 33 0 1 0 FREQUENCY 540 LLC 122 S MICHIGAN AVE CHICAGO IL 60603 CONSULTING 356075 SOCIAL CAPITAL INC 875 N MICHIGAN AVE CHICAGO IL 60611 CONSULTING 349925 NORC AT THE UNIVERSITY OF CHICAGO 55 EAST MONROE ST CHICAGO IL 60603 CONSULTING 336137 UNIVERSITY OF CHICAGO - BOOTH SCHOOL OF 5807 SOUTH WOODLAWN CHICAGO IL 60637 CONSULTING 250000 DELOITTE CONSULTING 20 WOODLANDS DRIVE JOHANNESBURG SF CONSULTING 207359 13 477108 20901750 7856512 21378858 MICRO FINANCE REVENUE 522100 84019822 84019822 SUPPORT SERVICE REVENUE 522100 68559 68559 84088381 230402 230402 2102597 0 2102597 2102597 2102597 107800238 84088381 0 2332999 13149593 13149593 9239634 9239634 541047 182979 73310 284758 8140507 2753074 1103014 4284419 545009 184319 73847 286843 904304 305831 122530 475943 649446 219639 87998 341809 39266 31140 2333 5793 21555 17094 1281 3180 4712256 3736997 280014 695245 402946 100349 240803 61794 499873 75279 415234 9360 1346172 521817 111332 713023 135163 23363 31989 79811 14626901 14586918 39983 1167038 1023756 143282 43647 17930 24720 997 OTI BANKING OPERATING E 67219512 67219512 O.I. NETWORK PROGRAM EX 6344159 6344159 PROVISION FOR LOAN LOSS 4790315 4790315 PROMOTIONAL MATERIALS 636215 315296 1593 319326 -3297418 -4077472 502919 277135 131857140 120761522 3256182 7839436 25177207 13825826 27381375 17904588 652796 58937 75122 3629716 983712 3781421 1495279 1163065 2286142 645190 2101297 301605 272568 59009891 37449255 11611861 12784372 388051 5007565 4037942 17007477 16822314 X -5706889 -8759595 42701678 24378911 5007625 5007625 42002414 20626941 59009891 37449255 X -24056902 -4233 -125683 2811346 X X 0 1 X 1 0 X 15912023 14138407 43513078 48834877 21378858 143777243 15912023 14138407 43513078 48834877 21378858 143777243 53107268 90669975 708750 1049966 779758 147917 230402 2916793 2415552 3168037 728283 174 6312046 153006082 408910670 0.59260 0.56800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2011 AMOUNT: $ 2,415,552. 2012 AMOUNT: $ 3,168,037. 2013 AMOUNT: $ 728,283. 2014 AMOUNT: $ 174. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5 86963 116000 272568 1 1 6086556 -48245 6038311 5867592 218964 6086556 6539515 -671923 5867592 6469151 70364 6539515 6226212 242939 6469151 1.00000 0.00000 0.00000 0 0 3781421 1495279 2286142 2286142 PCFC PHILLIPINES 82842 F COMMERCIAL SECURITES 526743 F INVESTMENT IN OTHER INSTITUTIONS 1491712 F 2101297 X 50781637 0 50781637 57018601 57018601 107800238 64987109 -66870030 -66870030 131857139 0 131857139 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 ACCOMPANYING 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 INCOME TAXES, OVERALL (FORMERLY KNOWN AS FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES). 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 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE RELATED TO OPPORTUNITY TRANSFORMATION INVESTMENTS, INC. 2,727. INTEREST AND DIVIDEND INCOME 230,402. REALIZED LOSSES 2,102,597. DISCONTINUED OPERATIONS 54,682,875. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATING ENTRIES FROM FINANCIAL STATEMENTS -249,884. INTERCOMPANY EXPENSE ALLOCATIONS -7,123,343. DISCONTINUED OPERATIONS -59,496,803. 1 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN THE REGION 6157808 EUROPE 0 0 GRANTS TO RECIPIENTS IN THE REGION 78445 CENTRAL AMERICA & THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS IN THE REGION 1034084 EAST ASIA & THE PACIFIC 0 0 GRANTS TO RECIPIENTS IN THE REGION 665617 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS IN THE REGION 856865 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN THE REGION 18167 0 0 0 0 0 0 8810986 0 8810986 PHILIPPINES ADVANCEMENT OF EDUCATION, LOAN FUNDS, REBUILDING OF AREAS DAMAGED BY TYPHOONS 396034 WIRE TRANSFER GHANA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 1406794 WIRE TRANSFER UGANDA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 1740713 WIRE TRANSFER DEMOCRATIC REPUBLIC OF CONGO IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 341586 WIRE TRANSFER COLOMBIA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 856865 WIRE TRANSFER NICARAGUA FINANCIAL AND AGRICULTURAL SERVICES AND TRAINING, EDUCATION AND COMMUNITY ECONOMIC DEVELOPMENT 1034084 WIRE TRANSFER RWANDA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 742778 WIRE TRANSFER KENYA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 184010 WIRE TRANSFER TANZANIA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 876986 WIRE TRANSFER MOZAMBIQUE SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 811396 WIRE TRANSFER MALAWI IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 53544 WIRE TRANSFER UNITED KINGDOM OPERATIONAL SUPPORT FOR TEAM TO ASSIST IMPLEMENTING BANKS IN AFRICA IN TECHNOLOGY, MANAGING OPERATIONS AND EXTENDING FINANCIAL SERVICES 78445 WIRE TRANSFER INDIA SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 18167 WIRE TRANSFER AUSTRALIA OPERATIONAL SUPPORT FOR TEAM TO ASSIST IMPLEMENTING NONPROFIT MICROFINANCE INSTITUTIONS IN INDIA, THE PHILIPPINES AND INDONESIA IN TECHNOLOGY, MANAGING OPERATIONS AND EXTENDING FINANCIAL SERVICES 148204 WIRE TRANSFER HONG KONG OPERATIONAL SUPPORT FOR TEAM TO ASSIST IMPLEMENTING BANKS IN CHINA IN TECHNOLOGY, MANAGING OPERATIONS AND EXTENDING FINANCIAL SERVICES 100000 WIRE TRANSFER CHINA SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY AS RELATED TO AGRICULTURE AND EDUCATION 21380 WIRE TRANSFER 10 12 1 0 1 0 0 0 SCHEDULE F, PART I, LINE 2 OPPORTUNITY'S PROGRAM MANAGEMENT TEAM IS RESPONSIBLE FOR THE MONITORING OF BUDGET TO ACTUAL SPEND, PROJECT ACTIVITIES, PROGRESS AGAINST TARGETS AND DONOR REPORTING ON GRANTS OUTSIDE OF THE UNITED STATES. 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 SPEND. IN ADDITION, BACKUP DOCUMENTATION FOR FINANCIAL REPORTING IS COLLECTED AS NECESSARY, SUCH AS INVOICES FOR PROCUREMENT, CONSULTANT AGREEMENTS, ETC. 1 OPPORTUNITY TRANSFORMATION INVESTMENTS INC 550 W VAN BUREN STREET SUIT CHICAGO IL 60607 364382506 501(C)(3) 11154709 N/A OI GRANTED FUNDS TO AFFILIATE OPPORTUNITY TRANSFORMATION INVESTMENTS, INC. OPPORTUNITY INC 550 W VAN BUREN STREET SUIT CHICAGO IL 60607 611748401 501(C)(3) 2329196 N/A OI GRANTED FUNDS TO RELATED ORGANIZATION, OPPORTUNITY, INC. 2 0 X X 0 1 X X X X 0 0 0 0 0 0 0 1 0 VICKI ESCARRA CHIEF EXECUTIVE OFFICER 123208 250149 0 0 0 0 8663 17588 4676 9494 136547 277231 0 0 RICHARD C JOHN SVP AND U.S. CFO 176628 0 0 0 0 0 12435 0 14354 0 203417 0 0 0 DENNIS W RIPLEY CHIEF BUSINESS DEVELOPMENT 221212 0 20000 0 0 0 16957 0 20050 0 278219 0 0 0 STEPHEN P LAVEY CHIEF FINANCIAL OFFICER 0 292899 0 0 0 59310 0 20708 0 20396 0 393313 0 0 MARK LUTZ SVP GLOBAL PHILANTRHOPY 195670 0 7500 0 0 0 14380 0 12284 0 229834 0 0 0 ELIZABETH LANG SVP MARKETING 176249 0 0 0 2432 0 12316 0 1447 0 192444 0 0 0 GREGORY ROTH SVP PHILANTHROPY 177181 0 25000 0 0 0 14455 0 19856 0 236492 0 0 0 JAMES MAZA CHIEF INFORMATION OFFICER 176712 0 0 0 0 0 12884 0 18445 0 208041 0 0 0 JENNIFER MITRENGA VP INSTITUIONAL GIVING & WOMEN'S PHI 145169 0 22022 0 0 0 11793 0 7855 0 186839 0 0 0 PART I, LINE 1A PAYMENTS FOR HOUSING ALLOWANCE WERE MANAGED ON AN EXCEPTION BASIS. THE PAYMENT WAS DEEMED TO BE TAXABLE TO THE EMPLOYEE AND THE AMOUNTS GROSSED UP BEFORE BEING ADDED TO W-2 GROSS INCOME. THE ALLOWANCE EXCEPTION AND GROSS UP AMOUNTS WERE APPROVED BY THE CEO. PART I, LINE 7 THE NON-FIXED PAYMENTS ARE ADDITIONAL PAY FOR ACHIEVING SPECIFIED TARGETS AND GOALS TO THE FOLLOWING INDIVIDUALS: DENNIS W. RIPLEY: $20,000 MARK LUTZ: $7,500 GREGORY ROTH: $25,000 JENNIFER MITRENGA: $22,022 THESE AMOUNTS ARE SUBJECT TO TIMELY DOCUMENTATION OF DELIBERATION AND FINAL DECISION, REVIEW BY INDEPENDENT PERSONS, AND DETERMINED USING COMPARABILITY DATA. X 1 37843 MARKET VALUE X 70 1981060 MARKET VALUE X 1 4505 COMPARABLE VALUE X TRAVEL EXPENSES 15 9126 COST 0 0 1 0 PART I, COLUMN (B): LISTS THE TOTAL NUMBER OF CONTRIBUTIONS FOR THE YEAR. FORM 990, PART VI, SECTION B, LINE 11 STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO CLIFTONLARSONALLEN LLP (CLA). CONTROLLER AND CFO OF OPPORTUNITY INTERNATIONAL (OI) REVIEW THE DRAFT PREPARED BY CLA AND DISCUSS COMMENTS AND QUESTIONS WITH CLA. FINAL DRAFT OF 990 IS PRESENTED TO FINANCE 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 CHIEF EXECUTIVE OFFICER. IN THE CASE OF THE CEO OR AND OTHER DIRECTORS CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD CHAIR, OR IN THE CASE OF THE BOARD CHAIR TO THE CHAIR OF THE RISK & AUDIT COMMITTEE. IF A CONFLICT OF INTEREST IS DETERMINED THE RESPONSIBLE PERSON ARE RECUSED/EXCLUDED FROM ALL DISCUSSIONS IN CONNECTION WITH THE PROPSED TRANSACTION. FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS APPORVED BY THE PEOPLE COMMITTEE OF THE GLOBAL BOARD USING IBM'S KENEXA SALARY DATABASE AND INSIDE NGO SALARY SURVEY AS COMPARABILILTY DATA TO HELP SET COMPENSATION. COMPENSATION DECISIONS ARE INCLUDED IN THE BOARD MINUTES AND APPROVALS ARE DOCUMENTED IN THE EMPLOYEE FILES. THIS PROCESS IS THE SAME FOR THE CEO AND ALL OTHER OFFICERS. 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 (LOSS) -10,388,387. MINORITY INTEREST 3,143,184. MICRO-FINANCE ACTIVITY 8,565,906. INVESTMENT IN OI NICARAGUA 1,490,643. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR 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 OPPORTUNITY INTERNATIONAL 1 OPPORTUNITY BANK AD NOVI SAD BULEVAR OSLOBODJENJA 2A NOVI SAD SERBIA RI OTHER DEPOSITORY RI OPPORTUNITY TRANSFORMATION INVESTMENTS C 15486403 104198131 1.00000 1 BANCO OPORTUNIDADE DE MOZAMBIQUE SA AV 24 DE JULHO 4136 BAIRRO DE MALANGA MAPUTO MZ OTHER DEPOSITORY MZ OPPORTUNITY TRANSFORMATION INVESTMENTS C 2967309 6122914 0.66700 1 OPPORTUNITY INTERNATIONAL BANK OF MALAWI LTD PLOTS 046-048 OLD TOWN PRIVATE BA LILONGWE MI OTHER DEPOSITORY MI OPPORTUNITY TRANSFORMATION INVESTMENTS C 7400700 21949697 0.71100 1 URWEGO OPPORTUNITY BANK OF RWANDA SA BP 748 NYARUGENGE PLOT NO1230 AVE KIGALI RW OTHER DEPOSITORY RW OPPORTUNITY TRANSFORMATION INVESTMENTS C 3222070 12841514 0.47400 0 OPPORTUNITY KENYA LIMITED 1ST FLOOR GEOMAP CENTRE MATUMBATO NAIROBI KE OTHER DEPOSITORY KE OPPORTUNITY TRANSFORMATION INVESTMENTS C 883616 6112804 0.89100 1 OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED NO D765/3 KWAMWE NKRUMAH AVENUE A GH OTHER DEPOSITORY GH OPPORTUNITY TRANSFORMATION INVESTMENTS C 11956142 29069718 0.70700 1 OPPORTUNITY UGANDA LIMITED PLOT 7A JOHN BABIHA AVE KOLOLO PO KAMPALA UG OTHER DEPOSITORY UG OPPORTUNITY TRANSFORMATION INVESTMENTS C 3964044 17349082 0.85700 1 OPPORTUNITY TANZANIA LIMITED PLOT 320 REGENT ESTATE PO BOX 802 DAR-ES-SALAAM TZ OTHER DEPOSITORY TZ OPPORTUNITY TRANSFORMATION INVESTMENTS C 1378106 2803468 0.67500 1 OPPORTUNITY MICROCREDIT ROMANIA IFN SA NO 183 1 DECEMBRIE BLVD TARGA MURES RO OTHER DEPOSITORY RO OPPORTUNITY TRANSFORMATION INVESTMENTS C 1442046 6685365 0.66500 1 OPPORTUNITY INTERNATIONAL DRC SPRL 1527 AVENUE COLONEL MONDJIBA QUART KINSHASA/NGALIEMA CG OTHER DEPOSITORY CG OPPORTUNITY TRANSFORMATION INVESTMENTS C 2734496 4787923 1.00000 1 OPPORTUNITY INTERNATIONAL COLUMBIA SA FINANCING CO CALLE 70 7 - 30 BOGOTA CO OTHER DEPOSITORY CO OPPORTUNITY TRANSFORMATION INVESTMENTS C 5796770 23837137 0.71100 1 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 OPPORTUNITY TRANSFORMATION INVESTMENTS B 11154709 CASH TRANSFERRED OPPORTUNITY TRANSFORMATION INVESTMENTS L 514647 CASH TRANSFERRED OPPORTUNITY TRANSFORMATION INVESTMENTS A 187452 CASH TRANSFERRED OPPORTUNITY TRANSFORMATION INVESTMENTS D 3073480 PROMISSORY NOTE OPPORTUNITY INC L 100000 CASH TRANSFERRED OPPORTUNITY INC B 2329197 CASH TRANSFERRED