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OPPORTUNITY AT WORK INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
OPPORTUNITY AT WORK INC (EIN 81-3214432)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-08-12
IRS object ID
202022259349301012
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-08-12T09:56:31-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521392008PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GELMAN ROSENBERG & FREEDMANBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14550 MONTGOMERY AVE SUITE 800NAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP208142930ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN813214432EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OPPORTUNITYWORK INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOPPOBusinessNameControlTxt
Phone2028474470PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11111 19TH STREET NW NO 1180AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBYRON G AUGUSTEPersonNm
Person TitleCEO & CO-FOUNDERPersonTitleTxt
Phone2028474470PhoneNum
Signature2020-08-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD J LOCASTRO CPAPreparerPersonNm
PTINP00288314PTIN
Phone3019519090PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address75.103.231.202IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-08-12IPDt
IP Tm10:56:25IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id90EFBB5FB02E416132FFFBA677145A83C47C36B4AtSubmissionCreationDeviceId
At Submission Filing Device IdA8E65EE9E982CC9303CBA4B44375695372EB7330AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBYRON G AUGUSTEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11111 19TH STREET NW NO 1180AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,169,926GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.OPPORTUNITYATWORK.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionSEE PART III, LINE 1.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee30TotalEmployeeCnt
Total Volunteers34TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,859,976PYContributionsGrantsAmt
CY Contributions Grants$6,017,259CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$43,473PYInvestmentIncomeAmt
CY Investment Income$152,667CYInvestmentIncomeAmt
PY Other Revenue$3,201PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$9,906,650PYTotalRevenueAmt
CY Total Revenue$6,169,926CYTotalRevenueAmt
PY Grants And Similar Paid$297,510PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$81,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,944,648PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,530,093CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,584,661PYOtherExpensesAmt
CY Other Expenses$2,018,480CYOtherExpensesAmt
PY Total Expenses$5,826,819PYTotalExpensesAmt
CY Total Expenses$5,629,573CYTotalExpensesAmt
PY Revenues Less Expenses$4,079,831PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$540,353CYRevenuesLessExpensesAmt
Total Assets BOY$11,145,772TotalAssetsBOYAmt
Total Assets EOY$11,919,934TotalAssetsEOYAmt
Total Liabilities BOY$215,162TotalLiabilitiesBOYAmt
Total Liabilities EOY$448,971TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,930,610NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$11,470,963NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO EXPAND ACCESS TO CAREER OPPORTUNITIES SO THAT ALL AMERICANS CAN WORK, LEARN, AND EARN TO THEIR FULL POTENTIAL IN A DYNAMIC ECONOMY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,970,563ExpenseAmt
Grant$0GrantAmt
DescOUR MISSION AT OPPORTUNITY@WORK IS TO REWIRE THE U.S. LABOR MARKET SO THAT ALL INDIVIDUALS WITHOUT 4-YEAR DEGREES, BUT WHO ARE SKILLED THROUGH ALTERNATIVE ROUTES (STARS), CAN WORK, LEARN, AND EARN TO THEIR FULL POTENTIAL. OPPORTUNITY@WORK AIMS TO OVERCOME THE SYSTEMIC BARRIERS TO EMPLOYERS RECOGNIZING, INVESTING IN, AND HIRING STARS INTO BETTER PAID JOBS. IN 2019, WE INVESTED IN RESEARCH, MARKETING, PARTNERSHIPS, PRODUCT DEVELOPMENT, AND CUSTOMER SUPPORT TO OPEN UP HIGHER PAID EMPLOYMENT OPPORTUNITIES TO STARS BASED ON THEIR SKILLS. WE WORKED TO ALIGN MAJOR COMPANIES AND WORKFORCE NON-PROFITS BEHIND STARS AS A TALENT CATEGORY, (CONTINUED ON SCHEDULE O)CONDUCTED QUANTITATIVE AND QUALITATIVE RESEARCH TO PROVE THE PREVALENCE OF OVERLOOKED TALENT AND ELEVATE STARS OWN VOICES. OUR PRODUCT ENGINEERING TEAM BUILT A MARKETPLACE PLATFORM TO ENABLE INCLUSIVE TRAINING PROVIDERS AND EMPLOYERS TO CONNECT TO MATCH STARS INTO GOOD JOBS. WE ESTABLISHED PARTNERSHIPS TO SUPPORT THE DEPLOYMENT OF SOLUTIONS TO FACILITATE UPWARD MOBILITY FOR STARS IN BUSINESS ECOSYSTEMS AND IN REGION-SPECIFIC LABOR MARKETS. WE CONTINUED TO TEST INNOVATIVE FINANCING SOLUTIONS FOR STARS WORKING LEARNERS AND NON-PROFIT TRAINING PROVIDERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$138,146ExpenseAmt
Grant$81,000GrantAmt
DescTALENT FINANCING SOLUTIONSWE USED TWO PILOTS TO TEST INNOVATIVE FINANCING MECHANISMS (IN THIS CASE, INCOME SHARE AGREEMENTS), TRACKING REPAYMENT METRICS AFTER TRAINING TO HELP US AND THE WORKFORCE DEVELOPMENT FIELD TO BETTER UNDERSTAND THE SCALABILITY OF TRAINING AND SUSTAINABILITY FOR DIFFERENT FUNDERS/INVESTORS. WE DEVELOPED AND LAUNCHED A SECOND PILOT (THE TURING PILOT) WITH THE TURING SCHOOL OF SOFTWARE AND DESIGN, A NONPROFIT TRAINING PROVIDER LOCATED IN DENVER COLORADO IN LATE 2018 THAT CONTINUED TO 2019, (CONTINUED ON SCHEDULE O)IN ADDITION TO THE GENERAL ASSEMBLY PILOT FROM 2018. BOTH PILOTS INCREASED ACCESS TO TECHNICAL TRAINING AND CREDENTIALING FOR PEOPLE FROM LOW INCOME, LOW CREDIT BACKGROUND TO FINANCE THEIR EDUCATION AND TIE THE FINANCING OF THEIR TRAINING TO CAREER OUTCOMES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,108,709TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document30IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee30EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YOLANDA TOWNSENDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2028474470PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11111 19TH STREET NW SUITE 1180AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
BYRON AUGUSTE
CEO & CO-FOUNDER60.00Yes (X)Yes (X)$203,841$0$17,012
ANNE-MARIE SLAUGHTER
TREASURER1.00Yes (X)Yes (X)$0$0$0
REID HOFFMAN
CHAIRMAN1.00Yes (X)$0$0$0
KARAN CHOPRA
EXEC VP & CO-FOUNDER(UNTIL 10/31/19)60.00Yes (X)$172,779$0$7,828
YOLANDA TOWNSEND
COO & GENERAL COUNSEL60.00Yes (X)$206,628$0$8,882
MURALIN MURUGAN
CTO40.00$316,188$0$26,354Yes (X)
KOMAL KIRTIKAR
SR. VP & HEAD OF MARKETPLACE40.00$188,837$0$7,965Yes (X)
PAPIA DEBROY
VP OF INSIGHTS40.00$163,572$0$14,188Yes (X)
NALIN LIYANAMANA
DIRECTOR OF FINANCE & ADMIN.40.00$131,415$0$19,301Yes (X)
RICHARD POPLAWSKI
DIRECTOR OF PRODUCT40.00$156,295$0$16,712Yes (X)
WILLIAM VILLOTA
DIRECTOR OF MARKETING & COMM.40.00$147,808$0$7,550Yes (X)
ANNE-MICHELE MORTIMER
DIRECTOR OF SPECIAL PROJECTS40.00$146,350$0$7,539Yes (X)
MICHAEL SHWEDICK
DIRECTOR OF PEOPLE (FROM 3/11/19)40.00$105,200$0$12,801Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,938,913TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$146,132TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K11IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
V2 SOLUTIONS
2340 WALSH AVENUE SUITE DSANTA CLARACA95051IT ENGINEERING$221,880
ACCENTURE
161 N CLARK STREETCHICAGOIL60601PROGRAM SUPPORT$195,000
SHAD AHMED
45 CHILTON AVENUESAN FRANCISCOCA94131PROGRAM SUPPORT$152,811
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
All Other Contributions$6,017,259AllOtherContributionsAmt
Total Contributions$6,017,259TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$152,667TotalRevenueColumnAmt
Exclusion$152,667ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,169,926TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$152,667ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$81,000TotalAmt
Program Services$81,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,334,074TotalAmt
Program Services$954,944ProgramServicesAmt
Management And General$379,130ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,792,663TotalAmt
Program Services$1,313,292ProgramServicesAmt
Management And General$479,371ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$76,812TotalAmt
Program Services$56,192ProgramServicesAmt
Management And General$20,620ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$119,427TotalAmt
Program Services$92,366ProgramServicesAmt
Management And General$27,061ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$207,117TotalAmt
Program Services$150,346ProgramServicesAmt
Management And General$56,771ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$21,600TotalAmt
Program Services$15,679ProgramServicesAmt
Management And General$5,921ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$773,780TotalAmt
Program Services$561,696ProgramServicesAmt
Management And General$212,084ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$196,249TotalAmt
Program Services$142,457ProgramServicesAmt
Management And General$53,792ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$40,951TotalAmt
Program Services$29,726ProgramServicesAmt
Management And General$11,225ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$259,826TotalAmt
Program Services$188,599ProgramServicesAmt
Management And General$71,227ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$275,769TotalAmt
Program Services$200,181ProgramServicesAmt
Management And General$75,588ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$232,042TotalAmt
Program Services$168,430ProgramServicesAmt
Management And General$63,612ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$29,392TotalAmt
Program Services$21,345ProgramServicesAmt
Management And General$8,047ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,834TotalAmt
Program Services$1,332ProgramServicesAmt
Management And General$502ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$29,702TotalAmt
Program Services$21,561ProgramServicesAmt
Management And General$8,141ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
UBI TAXES$6,400$6,400
STAFF RETENT./RECRUIT.$97,657$26,768$70,889
TUITION PAYMENTS$28,291$7,755$20,536
ISA ORIGINATION FEES$13,955$3,825$10,130

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$11,032TotalAmt
Program Services$8,008ProgramServicesAmt
Management And General$3,024ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,629,573TotalAmt
Program Services$4,108,709ProgramServicesAmt
Management And General$1,520,864ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$862,471BOYAmt
EOY$1,065,333EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,699,895BOYAmt
EOY$10,297,017EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,502,551BOYAmt
EOY$375,500EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$73,906BOYAmt
EOY$170,987EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,171LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,056LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,949BOYAmt
EOY$5,115EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,982EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,145,772BOYAmt
EOY$11,919,934EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$76,656BOYAmt
EOY$314,225EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$118,785BOYAmt
EOY$119,024EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,721BOYAmt
EOY$15,722EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$215,162BOYAmt
EOY$448,971EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,666,046BOYAmt
EOY$9,741,931EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,264,564BOYAmt
EOY$1,729,032EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,930,610BOYAmt
EOY$11,470,963EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,145,772BOYAmt
EOY$11,919,934EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$540,353ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$2,500,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,950,119CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,859,976CurrentTaxYearMinus1YearAmt
Current Tax Year$6,017,259CurrentTaxYearAmt
Total$27,327,354TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$2,500,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,950,119CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,859,976CurrentTaxYearMinus1YearAmt
Current Tax Year$6,017,259CurrentTaxYearAmt
Total$27,327,354TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$18,747,756SubstantialContributorsTotAmt
Public Support Total170$8,579,598PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$43,473CurrentTaxYearMinus1YearAmt
Current Tax Year$152,667CurrentTaxYearAmt
Total$196,140TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,348CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,201CurrentTaxYearMinus1YearAmt
Total$4,549TotalAmt
FieldValueIRS element (for citing)
Total Support$27,528,043TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,171OtherCostOrOtherBasisAmt
Depreciation$4,056DepreciationAmt
Book Value$5,115BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,115TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED RENTDesc
Amt$15,722Amt
FieldValueIRS element (for citing)
Total Liability$15,722TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,169,926TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$6,169,926RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,169,926TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,629,573TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,629,573ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,629,573TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationFOR THE YEAR ENDED DECEMBER 31, 2019, OPP@WORK HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSTUDENT STIPENDSGrantTypeTxt
Recipient12RecipientCnt
Cash Grant$81,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationLIVING ASSISTANCE: FOR PEOPLE SELECTED AND ENROLLED IN OUR TALENT EQUITY FINANCING PROGRAM, WE PROVIDE A MONTHLY CASH DISBURSEMENT DIRECTLY TO THE INDIVIDUALS WHILE THEY ARE ENROLLED IN THE COURSE AND UP TO 3 MONTHS AFTER GRADUATION. AS LONG AS THEY ARE ENROLLED IN THE TRAINING COURSE AND NOT YET EMPLOYED, THEY RECEIVE THE LIVING ASSISTANCE. WHILE WE DO NOT REQUIRE ANY INFORMATION ON EXPENDITURE STATEMENTS, EACH INDIVIDUAL SIGNS A STIPEND AWARD AGREEMENT INDICATING THAT THE STIPEND IS TO BE USED FOR LIVING ASSISTANCE TO COVER LIVING EXPENSES TO SUPPORT THEIR FULL-TIME COMMITMENT TO THE TRAINING PROGRAM.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BYRON AUGUSTE
CEO & CO-FOUNDER$203,841$0$0$0$0$0$7,100$0$9,912$0$220,853$0$0$0
KARAN CHOPRA
EXEC VP & CO-FOUNDER(UNTIL 10/31/19)$172,779$0$0$0$0$0$6,751$0$1,077$0$180,607$0$0$0
YOLANDA TOWNSEND
COO & GENERAL COUNSEL$206,628$0$0$0$0$0$7,100$0$1,782$0$215,510$0$0$0
MURALIN MURUGAN
CTO$295,728$0$20,460$0$0$0$7,990$0$18,364$0$342,542$0$0$0
KOMAL KIRTIKAR
SR. VP & HEAD OF MARKETPLACE$188,837$0$0$0$0$0$6,888$0$1,077$0$196,802$0$0$0
PAPIA DEBROY
VP OF INSIGHTS$163,572$0$0$0$0$0$6,648$0$7,540$0$177,760$0$0$0
NALIN LIYANAMANA
DIRECTOR OF FINANCE & ADMIN.$131,415$0$0$0$0$0$6,336$0$12,965$0$150,716$0$0$0
RICHARD POPLAWSKI
DIRECTOR OF PRODUCT$143,795$0$12,500$0$0$0$6,644$0$10,068$0$173,007$0$0$0
WILLIAM VILLOTA
DIRECTOR OF MARKETING & COMM.$147,808$0$0$0$0$0$6,490$0$1,060$0$155,358$0$0$0
ANNE-MICHELE MORTIMER
DIRECTOR OF SPECIAL PROJECTS$146,350$0$0$0$0$0$6,479$0$1,060$0$153,889$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationTHE FOLLOWING EMPLOYEES RECEIVED BONUSES DURING THE YEAR: MURALI MURUGAN $20,460 RICHARD POPLAWSKI $12,500 MICHAEL SHWEDICK $5,000ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS. THE FORM 990 WAS EMAILED TO THE BOARD FOR THEIR REVIEW, COMMENT AND APPROVAL PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CANNUAL DISCLOSURES ARE PROVIDED BY EACH BOARD MEMBER AND EMPLOYEE. THE PRESIDENT REVIEWS ANY POTENTIAL CONFLICTS ANNUALLY AND FOLLOWS THE PROCEDURES TO RESOLVE ANY SUCH CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15ATHE ORGANIZATION RESEARCHED COMPARABILITY DATA TO DETERMINE THE CEO'S SALARY AND RELIED ON PAYSCALE DATA FROM THE 2018 GUIDESTAR NONPROFIT COMPENSATION REPORT TO DETERMINE THE MEDIAN OF CEO SALARIES IN THE WASHINGTON, DC AREA AND COMPARED IT TO OPPORTUNITY@WORK'S CURRENT CEO'S SALARY. THE BOARD UTILIZED THIS INFORMATION FOR THE CEO'S COMPENSATION REVIEW DURING THE JANUARY 2020 BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST TO INTERESTED PARTIES AND GOVERNMENT BODIES.
FORM 990, PART IX, LINE 11GTEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 450,530. MANAGEMENT AND GENERAL EXPENSES 170,110. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 620,640. ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 5,943. MANAGEMENT AND GENERAL EXPENSES 2,244. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,187. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 105,223. MANAGEMENT AND GENERAL EXPENSES 39,730. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 144,953.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1OPPORTUNITYWORK - TALENT EQUITY FUND LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11111 19TH STREET NW SUITE 1180AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
EIN364879557EIN
Primary ActivitiesSEE PART VII BELOWPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Total Income$11,759TotalIncomeAmt
End Of Year Assets$66,073EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1OPPORTUNITYWORK INCBusinessNameLine1Txt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B) PRIMARY ACTIVITY:FormAndLineReferenceDesc
ExplanationPROVIDING FINANCIAL ASSITANCE TO INDIVIDUALS WITH POOR OR NO CREDIT TO PURSUE EDUCATION AND TRAINING PROGRAMS, IN THE FORM OF INCOME SHARE AGREEMENT OR OTHER INNOVATIVE FINANCING.ExplanationTxt