2014-11-03T07:55:04-06:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2013-01-01 364382506 OPPORTUNITY TRANSFORMATION INVESTMENTS OPPO 6306454100 2122 YORK ROAD NO 150 OAK BROOK IL 60523 RICHARD C JOHN SECRETARY & TREASURER 6306454100 2014-10-31 1 ROBERT J NOWAK CPA MST P00527435 6305738600 2013 2015-11-30 17:44:51Z RICHARD C JOHN 2122 YORK ROAD OAK BROOK IL 60523 2231067 0 X WWW.OPPORTUNITY.ORG X 2000 IL TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICRO-FINANCE INSTITUTIONS SERVING THE POOR. 11 8 0 0 0 0 21477477 910336 0 0 1265309 -3152321 30000 548997 22772786 -1692988 0 0 0 0 1673 0 0 0 0 2364741 2446305 2366414 2446305 20406372 -4139293 119672666 116984836 18862433 20530014 100810233 96454822 TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICROFINANCE INSTITUTIONS SERVING THE POOR. 0 0 TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICROFINANCE INSTITUTIONS SERVING THE POOR. 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 1 RI 0 0 0 0 0 0 0 0 X 11 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X OPPORTUNITY INTERNATIONAL INC 6306454100 2122 YORK ROAD SUITE 150 OAK BROOK IL 60523 JANE NELSON DIRECTOR 5.00 X 0 0 0 RICHARD JOHN DIRECTOR, SECRETARY, & TRE 10.00 45.00 X X 0 160449 18735 PETER THORRINGTON DIRECTOR 5.00 X 0 0 0 DAVID SIMMS DIRECTOR 5.00 X 0 0 0 KADITA TSHIBAKA DIRECTOR 5.00 X 0 0 0 BETH STEPHENSON CHAIR 5.00 X 0 0 0 HERVE SARTEAU DIRECTOR 5.00 X 0 0 0 MARK THOMPSON CHAIR 5.00 X 0 0 0 VICKI ESCARRA PRESIDENT & DIRECTOR 10.00 45.00 X X 0 355523 13406 MARK LINSZ DIRECTOR 5.00 X 0 0 0 STEVE LAVEY VICE PRESIDENT 10.00 45.00 X 0 154627 12226 0 670599 44367 0 0 1 0 OPPORTUNITY INTERNATIONAL NETWORK 2122 YORK ROAD SUITE 150 OAK BROOK IL 60523 INVESTMENT ADVISORY SERVICES 948919 OPPORTUNITY INTERNATIONAL INC 2122 YORK ROAD SUITE 150 OAK BROOK IL 60523 ADMINISTRATIVE SERVICES 489932 2 910336 910336 771734 771734 3924055 -3924055 -3924055 -3924055 MISCELLANEOUS INCOME 522100 548997 548997 548997 -1692988 -3924055 0 1320731 X 489932 489932 180341 180341 99000 99000 960088 960088 654726 654726 17516 17516 FOREIGN CURRENCY LOSS 30233 30233 BAD DEBT EXPENSE 8360 8360 COMMISSIONS 4349 4349 MISCELLANEOUS EXPENSE 1195 1195 565 565 2446305 0 2446305 0 4325398 2250774 196077 62958 21521360 15749762 13013 0 93443070 98921342 173748 0 119672666 116984836 2204405 2302053 12500 12500 875000 16645528 17340461 0 0 18862433 20530014 X 100810233 96454822 100810233 96454822 119672666 116984836 -4139293 -216118 0 X X 0 1 X 1 0 X 6645946 9346082 11568046 21477477 910336 49947887 6645946 9346082 11568046 21477477 910336 49947887 49947887 126367 246569 537847 938241 771734 2620758 108925 570721 40000 30000 548997 1298643 53867288 0.92720 0.95500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN ZAMBUKO PRIVATE LTD. 250000 C INVESTMENT IN OI SASL (GHANA) 7989344 C INVESTMENT IN OIBM (MALAWI) 10304237 C INVESTMENT IN SERBIA 14521387 C DEV. FINANCE EQUITY PARTNERS 42299 C INVESTMENT IN OPPORTUNITY FINANCE LTD, SOUTH AFRICA 6987483 C SUBSCRIBED STOCK RECEIVABLE 2977132 C INVESTMENT IN BANCO OPORTUNIDADE MOZAMBIQUE 4103913 C INVESTMENT IN BALKAN FUND 1374217 C INVESTMENT IN URWEGO OPPORTUNITY BANK 3663809 C INVESTMENT IN OPPORTUNITY KENYA LTD 6667066 C INVESTMENT IN OPPORTUNITY UGANDA LTD 8851898 C INVESTMENT IN OK BANK PHILIPPINES 444706 C INVESTMENT IN GROWING OPPORTUNITIES FINANCE INDIA 2356406 C INVESTMENT IN OPPORTUNITY TANZANIA LTD 7493753 C INVESTMENT IN OPPORTUNITY MICROCREDIT ROMANIA - MAJORITY 2397588 C INVESTMENT IN OPPORTUNITY DRC 5478695 C INVESTMENT IN MFX 204530 C INVESTMENT IN OI COLOMBIA FINANCE COMPANY 7636220 C INVESTMENT IN OI CHINA 3941659 C INVESTMENT IN OK BANK - PREFERRED STOCK 1235000 C 98921342 X 87343308 -372503 87809972 87437469 -94161 -1598827 -1598827 -1692988 97584099 95119686 95119686 2464413 -18108 -18108 2446305 PART X, LINE 2: OTI HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC 740-10 FORMERLY KNOWN AS FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ONLY SIGNIFICANT TAX POSITION MANAGEMENT HAS IDENTIFIED IS THAT OF OTI'S TAX-EXEMPT STATUS. NO OTHER TAX POSITIONS, CERTAIN OR UNCERTAIN, HAVE BEEN IDENTIFIED. PART XI, LINE 2D - OTHER ADJUSTMENTS: BANKING ACTIVITY 87,809,972. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT LOSS FROM AFFILIATE -1,598,827. PART XII, LINE 2D - OTHER ADJUSTMENTS: BANKING ACTIVITY 95,276,071. UNREALIZED CURRRENCY EXCHANGE GAIN -156,385. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE FROM AFFILIATE -18,108. 0 0 0 0 0 0 0 0 0 RICHARD JOHN DIRECTOR, SECRETARY, & TRE 0 160449 0 0 0 0 0 10736 0 7999 0 179184 0 0 VICKI ESCARRA PRESIDENT & DIRECTOR 0 322190 0 33333 0 0 0 0 0 13406 0 368929 0 0 STEVE LAVEY VICE PRESIDENT 0 154627 0 0 0 0 0 0 0 12226 0 166853 0 0 GHANASAT OPERATIONS & LOAN FUNDS X 1250000 1250000 0 1 1 MLO OPERATIONS X 91950 208789 0 1 1 ASODENIC OPERATIONS & LOAN FUNDS X 130000 130000 0 1 1 OPPORTUNITY UGANDA LTD OPERATIONS & LOAN FUNDS X 1000000 2000000 0 1 1 OIBM MALAWI OPERATIONS & LOAN FUNDS X 1000000 3000000 0 1 1 BANCO OPPORTUNITY MOZAMBIQUE OPERATIONS & LOAN FUNDS X 1000000 1000000 0 1 1 URWEGO OPPORTUNITY RWANDA OPERATIONS & LOAN FUNDS X 347000 108400 0 1 1 OPPORTUNITY TANZANIA LTD OPERATIONS & LOAN FUNDS X 700000 179920 0 1 1 OI AN HUI CHINA OPERATIONS & LOAN FUNDS X 257500 0 0 1 1 OISL (GHANA) OPERATIONS & LOAN FUNDS X 1000000 500000 0 1 1 OPPORTUNITY KENYA LTD OPERATIONS & LOAN FUNDS X 97707 0 0 1 1 KENYA OPPORTUNITY LIMITED OPERATIONS & LOAN FUNDS X 498812 680007 0 1 1 OPPORTUNITY KENYA LIMITED OPERATIONS & LOAN FUNDS X 1000000 1000000 0 1 1 J HAMILTON X 125000 125000 0 1 1 OPPORTUNITY MOZAMBIQUE LTD OPERATIONS & LOAN FUNDS X 1500000 0 0 1 1 OPP UGANDA LTD OPERATIONS & LOAN FUNDS X 298625 298625 0 1 1 HIGO INVESTMENTS INSTALLMENT NOTE FOR PURCHASE OF OPPORTUNITY MEXICO X 550000 550000 0 1 1 OMRO ROMANIA OPERATIONS & LOAN FUNDS X 2000000 2000000 0 1 1 OPPORTUNITY BANK MALAWI OPERATIONS X 309539 0 0 1 1 OPPORTUNITY FINANCE SOUTH AFRICA OPERATIONS & LOAN FUNDS X 1266000 0 0 1 1 OPPORTUNITY KENYA LTD OPERATIONS & LOAN FUNDS X 49549 0 0 1 1 PETER THORRINGTON GRILLE FOUNDATIO DIRECTOR GENERAL PURPOSE X 500000 500000 0 1 1 MARK THOMPSON NATIONAL CHRISTIAN F DIRECTOR GENERAL PURPOSE X 250000 250000 0 1 1 13780741 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS OPPORTUNITY INTERNATIONAL, INC. (SEE SCHEDULE R, PART II). FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER, OPPORTUNITY INTERNATIONAL, INC., IS RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO CLIFTONLARSONALLEN LLP. CONTROLLER AND CFO OF OPPORTUNITY INTERNATIONAL AND CEO OF OTI REVIEW THE DRAFT PREPARED BY CLA AND DISCUSS COMMENTS AND QUESTIONS WITH CLA. FINAL DRAFT OF 990 IS PRESENTED TO THE OPPORTUNITY FINANCE COMMITTEE FOR REVIEW. AFTER REVIEW IS COMPLETE, A RECOMMENDATION IS MADE TO THE OI BOARD OF DIRECTORS TO APPROVE THE 990. IF APPROVED, THE RETURN IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IT IS AN ANNUAL REQUIREMENT TO SIGN THE CONFLICT OF INTEREST STATEMENTS. ALL CONFLICTS ARE REVIEWED BY DESIGNATED BOARD MEMBERS. FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION CHOOSES NOT TO COMPENSATE ANY OFFICERS OR KEY EMPLOYEES. 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 IX, LINE 11G CONSULTING - GENERAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,169. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,169. ADVISORY - GENERAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 948,919. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 948,919. FORM 990, PART XI, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. OPPORTUNITY BANK NOVI SAD SERBIA RI PROVIDE LOANS RI 1332060 105930026 OPORTUNIDAD MICROFINANZAS SA DE CV MEXICO MX PROVIDE LOANS MX -379546 0 BANCO OPORTUNIDADE DE MOCAMBIQUE SARL MOZAMBIQUE MZ PROVIDE LOANS MZ 25105 12209692 OPPORTUNITY INTERNATIONAL-SAVINGS & LOAN GHANA GH PROVIDE LOANS GH -2692328 43271613 OPPORTUNITY INTERNATIONAL BANK MALAWI MALAWI MI PROVIDE LOANS MI -1609167 37780173 URWEGO OPPORTUNITY BANK RWANDA RWANDA RW PROVIDE LOANS RW -745595 21640978 OPPORTUNITY FINANCE LIMITED SOUTH AFRICA SF PROVIDE LOANS SF -1092915 3943856 OPPORTUNITY KENYA LIMITED KENYA KE PROVIDE LOANS KE -406385 9451148 OPPORTUNITY TANZANIA LIMITED TANZANIA TZ PROVIDE LOANS TZ -859420 6151605 OPPORTUNITY UGANDA LIMITED UGANDA UG PROVIDE LOANS UG 93167 22012142 OPPORTUNITY INTERNATIONAL DRC SPRL DEMOCRATIC REPUBLIC OF CONGO CG PROVIDE LOANS CG -821788 5086257 OPPORTUNITY MICROCREDIT ROMANIA IFN SA ROMANIA RO PROVIDE LOANS RO -1405125 15583832 OPPORTUNITY INTERNATIONAL COLUMBIA SA COMPANIA DE FINANCIAMIENTO COLOMBIA CO PROVIDE LOANS CO -2659991 30792530 OPPORTUNITY INTERNATIONAL INC 2122 YORK ROAD OAK BROOK IL 60523 540907624 TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR. IL 501(C)(3) 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 OPPORTUNITY INTERNATIONAL INC M 489932 OPPORTUNITY INTERNATIONAL INC C 910336