Opportunity International Inc

Organization Overview

Opportunity International Inc is located in Chicago, IL. The organization was established in 1973. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2021, Opportunity International Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity International Inc 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 09/2021, Opportunity International Inc generated $53.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $44.9m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Opportunity International Inc has awarded 18 individual grants totaling $20,231,567. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPPORTUNITY INTERNATIONAL, INC., (OPPORTUNITY), IS A TAX EXEMPT, PUBLICLY SUPPORTED FAITH-BASED CORPORATION. BY PROVIDING FINANCIAL SOLUTIONS, 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 FROM LEVERAGING LOCAL FUNDS PROVIDED BY PARTNER BANKS AND OTHER FINANCIAL INSTITUTIONS. FYE 2021, OPPORTUNITY AND ITS PARTNER ORGANIZATIONS SERVED 18.7 MILLION CLIENTS, 97% OF WHICH ARE WOMEN. EDUFINANCE PROGRAMS REACHED OVER 2 MILLION CHILDREN IN 8,400 SCHOOLS AND AGFINANCE PROGRAMS REACHED OVER 90,000 SMALL HOLDER FARMERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPPORTUNITY INTERNATIONAL, INC., (OPPORTUNITY), IS A TAX EXEMPT, PUBLICLY SUPPORTED FAITH-BASED CORPORATION. BY PROVIDING FINANCIAL SOLUTIONS, 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 IN GHANA (AND SERBIA IN 2020) AND FROM LEVERAGING LOCAL FUNDS PROVIDED BY PARTNER BANKS AND OTHER FINANCIAL INSTITUTIONS. IN ADDITION, OPPORTUNITY PROVIDES WRAP AROUND SERVICES LIKE TRAINING AND SUPPORT TO ITS BENEFICIARY CLIENTS WHO ARE HOUSEHOLDS, SMALLHOLDER FARMERS, AND AFFORDABLE SCHOOLS FOR THE POOR. 97% OF OPPORTUNITY'S LOAN CLIENTS ARE WOMEN. IN ADDITION, OPPORTUNITY PROVIDES SAVINGS, INSURANCE, AND EFFICIENT MOBILE BASED PAYMENT SOLUTIONS TO MILLIONS OF ITS POOR CLIENTS AROUND THE WORLD.


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 FY2021 OPPORTUNITY AND ITS PARTNER ORGANIZATIONS SERVED 18.7 MILLION CLIENTS- 97% OF CLIENTS ARE WOMEN. OPPORTUNITY'S COVID-19 RELIEF RESPONSE PROGRAMS INCLUDED PARTNER SUPPORT ENABLING THEM TO REMAIN OPEN FOR CLIENTS, SCHOOL PROPRIETOR SUPPORT AND COMMUNITY HEALTH TRAINING.


OPPORTUNITY USES ITS CHARITABLE DONATIONS TO FUND ITS DIRECT OPERATIONS, ESPECIALLY IN ITS EDUCATION FINANCE, AGRICULTURAL FINANCE, DIGITAL FINANCIAL SERVICES AND MONITORING & EVALUATION PROGRAMS IN 30 COUNTRIES, WORKING WITH 104 PARTNERS. BY PROVIDING FINANCIAL SOLUTIONS, 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. IN FY2021 OPPORTUNITY'S EDUFINANCE PROGRAMS REACHED OVER 2 MILLION CHILDREN IN 8,400 SCHOOLS. AGFINANCE PROGRAMS REACHED OVER 90,000 SMALLHOLDER FARMERS.


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)Compensation
Atul Tandon
CEO
$671,464
Randy Kurtz
Chief Administrative Officer
$284,500
Dennis W Ripley
Chief Program Officer
$274,500
Gregory E Roth
Svp, Philanthropy
$235,153
Margaret Tomasik
Svp, Finance
$219,093
Mark K Lutz
Svp, Philanthropy
$208,901

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Africa Hr Solutions
Professional Employment Organization
$362,935
Impact Atlas
Client Data Technology
$217,208
Chuhak & Tecson Pc
Legal Services
$212,928
Russell Reynolds Associates
Recruiting Services
$210,098
Gaplink
Program Implementation
$221,733
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,175,876
All other contributions, gifts, grants, and similar amounts not included above$23,889,060
Noncash contributions included in lines 1a–1f $1,113,448
Total Revenue from Contributions, Gifts, Grants & Similar$25,064,936
Total Program Service Revenue$27,817,048
Investment income $35,249
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $146,786
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $53,064,019

Grants Awarded

Over the last fiscal year, Opportunity International Inc has awarded $1,026,889 in support to 8 organizations.

Grant RecipientAmount

ACCESS BUSINESS GROUP INTERNATIONAL

PURPOSE: NUTRITIONAL SUPPLEMENTS FOR POWER OF FIVE PROGRAM

$523,046

HOPE FOR HAITI INC

Org PageRecipient Profile

Naples, FL

PURPOSE: IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM

$136,553

Chicago, IL

PURPOSE: FUNDS TO AFFILIATE FOR OPERATING EXPENSES

$123,237

GLASSWING INTERNATIONAL USA

Org PageRecipient Profile

New York, NY

PURPOSE: IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM

$88,840

ALLIANCE FOR CHILDREN EVERYWHERE

Org PageRecipient Profile

Seattle, WA

PURPOSE: IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM

$50,000

SOLID ROCK INTERNATIONAL

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: IMPLEMENTATION OF EARLY CHILDHOOD NUTRITIONAL PROGRAM

$49,130
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Opportunity International Inc has recieved totaling $42,400.

Awarding OrganizationAmount
Emmerich Foundation

Jordan, MN

PURPOSE: GENERAL SUPPORT

$25,000
Rixey Street Foundation Inc

Mc Lean, VA

PURPOSE: EDUCATION FUNDS

$15,000
Nelson G And Vera C Hicks Charitable Foundation

Madison, WI

PURPOSE: GENERAL FUNDING

$2,000
Ted Hall Missionary Foundation

Lafayette, CO

PURPOSE: FOR CHARITY PROGRAMS

$400
View Grant Recipient Profile

Endowment Analysis

Create an account to unlock the data you need.

or