Opportunity Foundation
- Assets
- $4.6m
- Revenue
- $222.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Coeur Dalene, ID
- Founding
- 06/2009
- Data as of
- 12/2022
- EIN
- 26-3928645
Organization Overview
Opportunity Foundation is located in Coeur Dalene, ID. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Opportunity Foundation generated $222.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $470.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Opportunity Foundation has awarded 15 individual grants totaling $191,052. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR OPPORTUNITY SOCIAL WELFARE SOCIETY IN SECUNDERABAD (HYDERABAD) INDIA. PROVIDE MAJORITY OF COST OF EDUCATING 450 STUDENTS IN GRADES 1-10. LAPTOPS AND OTHER SCHOOL SUPPLIES WERE PROVIDED AS WELL. THIS INCLUDES ALL REQUIRED FACILITIES AND PERSONNEL. SUPPORT 30 FULL TIME TEACHERS + 20 ADDITIONAL EMPLOYEES AT MAGGI SCHOOLS. ALSO SUPPORT BABY CARE CENTER, NURSURY SCHOOL, K-1 AND K-2 SCHOOLS.
FULL SUPPORT AND ALL EXPENSES OF AN ADMINISTRATOR, TRANSLATOR AND INTERPRETER FOR KUA ACTIVITIES IN EASTERN MYANMAR. INCLUDES PUBLICATION AND DISTRIBUTION EXPENSES OF TEACHER RESOURCE MATERIALS TO TEACHERS IN REMOTE AREAS, AND HOLDING TEACHER TRAINING CLASSES IN VILLAGE AREAS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Simpson Chairman | 2 | $0 | |
Virginia Sue Simpson Board Member | 1 | $0 | |
Peter Erbland Board Member | 0.5 | $0 | |
Bruce Neurohr Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $1,409 |
| Dividends & Interest | $45,770 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,886 |
| Capital Gain Net Income | $46,886 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,422 |
| Total Revenue | $222,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $195,874 |
| Pension plans, employee benefits | $3,184 |
| Interest | $0 |
| Taxes | $8,121 |
| Depreciation | $18,341 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,555 |
| Printing and publications | $47,883 |
| Other expenses | $81,325 |
| Total operating and administrative expenses | $374,673 |
| Contributions, gifts, grants paid | $95,320 |
| Total expenses and disbursements | $469,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,375 |
| Savings and temporary cash investments | $1,673,921 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $531,821 |
| Other assets | $0 |
| Total assets | $4,635,277 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Opportunity Foundation has awarded $35,361 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
OPPORTUNITY FOUNDATION (THAILAND) PURPOSE: SUPPORT 2019 CHILD HOME OPERATIONS FOR 16 CHILDREN AND YOUTH CAMPS EVERY YEAR FOR HIGH SCHOOL AGED KIDS BY COVERING ONE TEACHER'S FULL SALARY. | $11,820 |
SIX STUDENTS MINORS UNDER AGE 18 PURPOSE: SPONSORSHIP OF SIX STUDENTS TO ATTEND SCHOOL FOR ONE YEAR. | $4,828 |
CARSON BAPTIST CHURCH PURPOSE: MATERIALS PURCHASED FROM BIBLE SOCIETY AND YANGON BAPTIST CONVENTION TO PURCHASE CURRICULUM BOOKS AND TEACHER MATERIALS FOR SUNDAY SCHOOLS IN THE DISTRICT WHO HAVE NO CURRICULUM AT ALL. | $1,006 |
KEITHEIBO BAPTIST CHURCH PURPOSE: MATERIALS PURCHASED FROM BIBLE SOCIETY AND YANGON BAPTIST CONVENTION TO PURCHASE CURRICULUM BOOKS AND TEACHER MATERIALS FOR SUNDAY SCHOOLS IN THE DISTRICT WHO HAVE NO CURRICULUM AT ALL. | $1,006 |
NAZARETH BAPTIST CHURCH PURPOSE: MATERIALS PURCHASED FROM BIBLE SOCIETY AND YANGON BAPTIST CONVENTION TO PURCHASE CURRICULUM BOOKS AND TEACHER MATERIALS FOR SUNDAY SCHOOLS IN THE DISTRICT WHO HAVE NO CURRICULUM AT ALL. | $1,006 |
OLIVE BAPTIST CHURCH PURPOSE: MATERIALS PURCHASED FROM BIBLE SOCIETY AND YANGON BAPTIST CONVENTION TO PURCHASE CURRICULUM BOOKS AND TEACHER MATERIALS FOR SUNDAY SCHOOLS IN THE DISTRICT WHO HAVE NO CURRICULUM AT ALL. | $1,006 |