EIN 54-0907624

Opportunity International

IRS 501(c) type
501(c)(3)
Num. employees
78
Year formed
1971
Most recent tax filings
2022-09-01
Description
By providing financial solutions and training, we empower people living in poverty to transform their lives, their children’s futures and their communities.
Also known as...
Opportunity International-Us
Total revenues
$48,533,715
2022
Total expenses
$45,485,616
2022
Total assets
$73,246,788
2022
Num. employees
78
2022

Program areas at Opportunity International

Opportunity International, Inc., (Opportunity), is a tax exempt, publicly supported faith-based corporation. By providing financial services, 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 focused on deploying local funds and financial services, provided by partner banks and other financial institutions to its clients. In fy2022, Opportunity and our 105 partner financial institutions released more than $2.7 billion to help 18.7 million low income clients to build and improve small businesses and local schools.
Opportunity implements its programs 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's programs are designed to maximize the local partner disbursement of loans, provision of savings accounts, remittance and others services to its clients, alongside the training and support provided by Opportunity to them. Opportunity's objective is to increase empowerment, entrepreneurship and employability amongst bottom-of-the-pyramid households, as evidenced by an increase in regular income and quality of life standards. Opportunity uses its charitable donations to invest equity, fund its direct operations, especially its education finance, agricultural finance, digital financial services and support its implementing partners. Its operating model results in the disbursed value of loans each year valuing on average 10 times the total charitable donations received. In fy2022, Opportunity's education finance programs reached over 1.6 million children in 5,663 schools, and they released more than $99.5 million in capital. Agriculture finance programs reached over 150,000 households and released over $50 million in capital.
Opportunity implements its programs in 30 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 fy2022 Opportunity and its partner organizations served 18.7 million clients of which 97% of clients are women. Read our 2022 impact report at opportunity.org/2022-impact.

Grants made by Opportunity International

GranteeGrant descriptionAmount
OpportunityFunds To Affiliate for Operating Expenses$152,096
Alliance for Children Everywhere (ACE)Implementation of Early Childhood Nutritional Program$45,000
Global Outreach / Allen TXOperating Funds$10,000

Who funds Opportunity International

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Weberg Trust Uadtd 1272004 FurtherGeneral$1,700,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,143,572
American Endowment FoundationInternational$1,010,700
...and 117 more grants received totalling $14,632,152

Personnel at Opportunity International

NameTitleCompensation
Atul TandonChief Executive Officer$523,755
Mary BarryDirector , Office of Chief Executive Officer and Assistant Secretary$109,040
Margaret TomasikChief Financial Officer$234,128
David WiegmanChief of Staff and Secretary$177,483
Randy KurtzExecutive Vice President , International Programs and Cap Soluti$395,781
...and 24 more key personnel

Financials for Opportunity International

RevenuesFYE 09/2022
Total grants, contributions, etc.$29,699,588
Program services$18,649,693
Investment income and dividends$309,301
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-124,867
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$48,533,715

Form 990s for Opportunity International

Fiscal year endingDate received by IRSFormPDF link
2022-092023-08-14990View PDF
2021-092022-08-12990View PDF
2020-092022-06-01990View PDF
2019-122021-03-02990View PDF
2018-122019-12-13990View PDF
...and 10 more Form 990s
Data update history
September 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 25, 2023
Updated personnel
Identified 3 new personnel
August 21, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 19, 2023
Received grants
Identified 105 new grant, including a grant for $1,700,000 from The Weberg Trust Uadtd 1272004 Further
July 5, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
International-focused organizationsFamily service centersHeadquarter / parent organizationsCharities
Issues
Foreign affairsInternational development
Characteristics
Political advocacyOperates donor advised fundsPartially liquidatedOperates internationallyNational levelReceives government fundingTax deductible donations
General information
Address
101 N Wacker Dr Suite 1150
Chicago, IL 60606
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
opportunity.org/ 
Phone
(312) 487-5000
Facebook page
OpportunityIntl 
Twitter profile
@opportunityintl 
IRS details
EIN
54-0907624
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1971
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q30: International Development, Relief Services
NAICS code, primary
624230: Emergency and Relief Services
Parent/child status
Central organization
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