2020-10-28T07:38:00-05:00 2019-12-31 390859910 BAKER TILLY US LLP 205 N MICHIGAN AVE 2800 CHICAGO IL 606015927 990 2019-01-01 470994982 OPPORTUNITY INTERNATIONAL NICARAGUA INC OPPO 3124875000 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 DON GREINER TREASURER 3124875000 2020-10-09 1 MARK HEROUX P00959793 3127298000 2020-10-09 24.1.30.194 2020-10-09 16:42:58 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0882A3BD3791635C134A938B8FF3C2B174769BAB 2019 2021-01-29 14:40:06Z DON GREINER 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 1196158 0 X WWW.OPPORTUNITYNICARAGUA.ORG X 2014 IL THE ECONOMIC, SOCIAL, AND SPIRITUAL TRANSFORMATION OF THE POOR, THEIR FAMILIES, (SEE SCH O) AND THE COMMUNITIES IN WHICH THEY LIVE. 12 11 0 12 0 0 784773 889999 140891 306159 0 0 0 0 925664 1196158 0 13779 0 0 356468 361098 0 0 0 762697 961767 1119165 1336644 -193501 -140486 1734331 1551482 105454 143231 1628877 1408251 THE ECONOMIC, SOCIAL, AND SPIRITUAL TRANSFORMATION OF THE POOR, THEIR FAMILIES, AND THE COMMUNITIES IN WHICH THEY LIVE. 0 0 1336644 13779 1196159 WORK IN LOCAL COMMUNITIES TO BETTER THEIR PLACE IN THE VALUE CHAIN, CREATE JOBS, AND BETTER LIVING CONDITIONS THROUGH TRAINING IN FINANCIAL LITERACY, MODELING IMPROVED AGRICULTURE METHODS, SPONSORING ENTREPRENEURSHIP, AND PROVIDING EDUCATION THAT WILL LEAD TO SUSTAINABLE LIVELIHOODS. 1336644 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 NU 0 0 0 0 0 0 0 0 0 0 X 12 11 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MARGARET TOMASIK 3124875007 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 DAVID KONE CHIEF EXECUTIVE OFFICER 50.00 X X 0 195000 15323 DAVID ALLMAN PRESIDENT 5.00 X X 0 0 0 DONNA ALLMAN SECRETARY 5.00 X X 0 0 0 DON GREINER TREASURER 5.00 X X 0 0 0 STEPHEN LAVEY DIRECTOR 5.00 X 0 0 0 BOB LUPTON DIRECTOR 5.00 X 0 0 0 JEANNIE BUCKNER DIRECTOR 5.00 X 0 0 0 MAX PADILLA DIRECTOR 5.00 X 0 0 0 SHELLIE GREINER DIRECTOR 5.00 X 0 0 0 MARK THOMPSON DIRECTOR 5.00 X 0 0 0 FLORIDA ELLIS DIRECTOR 5.00 X 0 0 0 THOMAS GUERARD DIRECTOR 5.00 X 0 0 0 0 195000 15323 0 0 1 0 0 889999 889999 AGRICULTURAL PRODUCTS 900099 200076 200076 SCHOOL TUITION 900099 53871 53871 NICACED 900099 44050 44050 OTHER INCOME 900099 8162 8162 306159 1196158 0 0 306159 X 13779 13779 361098 361098 234533 234533 10056 10056 44988 44988 25264 25264 176776 176776 15416 15416 FOOD PROCESSING PLANT E 182924 182924 GENERAL SERVICES 120198 120198 MAINTENANCE EXPENSE 78158 78158 SCHOOL AGRIBUSINESS EXP 33071 33071 40383 40383 1336644 1336644 0 0 93581 76801 32401 79810 361498 334084 1917554 856767 1221681 1060787 25170 0 1734331 1551482 105454 143231 105454 143231 X 1628877 1408251 1628877 1408251 1734331 1551482 X -140486 -80140 X X 0 1 X 1 0 X 1406861 958511 925664 1196159 4487195 1406861 958511 925664 1196159 4487195 4487195 4487195 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70159 70159 1015703 471053 544650 831692 385714 445978 1060787 X PART X, LINE 2: OPPORTUNITY INTERNATIONAL NICARAGUA HAS RECEIVED A DETERMINATION LETTER FROM THE IRS INDICATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO TAX PROVISION HAS BEEN MADE. OPPORTUNITY INTERNATIONAL NICARAGUA HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 INCOME TAXES. THE ONLY SIGNIFICANT TAX POSITION MANAGEMENT HAS IDENTIFIED IS THAT OF OPPORTUNITY INTERNATIONAL NICARAGUA'S TAX-EXEMPT STATUS. NO OTHER TAX POSITIONS, CERTAIN OR UNCERTAIN, HAVE BEEN IDENTIFIED. 0 CENTRAL AMERICA AND THE CARIBBEAN 2 46 PROGRAM SERVICES THE ECONOMIC, SOCIAL, AND SPIRITUAL TRANSFORMATION OF THE POOR, THEIR FAMILIES, AND THE COMMUNITIES IN WHICH THEY LIVE 1336645 2 46 0 0 2 46 1336645 0 1336645 SCHOLARSHIPS TO STUDENTS 2 13779 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 X 0 0 0 0 0 0 0 1 0 DAVID KONE CHIEF EXECUTIVE OFFICER 0 135000 0 60000 0 0 0 8025 0 7298 0 210323 0 0 SCHEDULE J, PART I, LINE 3: COMPENSATION IS PAID BY RELATED PARTIES, OPPORTUNITY INTERNATIONAL, INC. THEY USE THE FOLLOWING METHODS TO ESTABLISH COMPENSATION - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. SCHEDULE J, PART I, LINE 7: THE NON-FIXED PAYMENTS ARE ADDITIONAL PAY FOR ACHIEVING SPECIFIED TARGETS AND GOALS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING DIRECTORS ARE HUSBAND AND WIFE DAVID ALLMAN AND DONNA ALLMAN, AND DON GREINER AND SHELLIE GREINER. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS OPPORTUNITY TRANSFORMATION INVESTMENTS, INC. (SEE SCHEDULE R, PART II) FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER, OPPORTUNITY TRANSFORMATION INVESTMENTS, INC, IS RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND FINANCIAL STATEMENTS AND SENDS TO BAKER TILLY VIRCHOW KRAUSE LLP. SVP - FINANCE OF OPPORUNITY INTERNATIONAL AND TREASURER OF OTI REVIEW THE DRAFT PREPARED BY BAKER TILLY AND DISCUSS COMMENTS AND QUESTIONS WITH BAKER TILLY. AFTER REVIEW IS COMPLETE, THE 990 IS DISTRIBUTED TO THE OPPORTUNITY INTERNATIONAL NICARAGUA BOARD OF DIRECTORS AND THE RETURN IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IT IS AN ANNUAL REQUIREMENT FOR ALL EMPLOYEES AND DIRECTORS TO SIGN THE CONFLICT OF INTEREST STATEMENTS. DISCLOSURES ARE TO BE MADE BY EMPLOYEES TO THE CHIEF EXECUTIVE OFFICER (CEO). IN THE CASE OF THE CEO AND OTHER DIRECTORS, CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD CHAIR, OR IN THE CASE OF THE BOARD CHAIR TO THE RISK AND AUDIT COMMITTEE. IF A CONFLICT OF INTEREST IS DETERMINED, THE RESPONSIBLE PERSON(S) ARE RECUSED/EXCLUDED FROM ALL DISCUSSIONS IN CONNECTION WITH THE PROPOSED TRANSACTION. FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15A WRITTEN COMPENSATION DECISIONS ARE RECEIVED FROM THE BOARD CHAIR AND APPROVALS ARE DOCUMENTED IN THE EMPLOYEE FILES. COMPENSATION IS PAID BY RELATED PARTY OPPORTUNITY INTERNATIONAL, INC. CEO COMPENSASTION IS APPROVED BY THE OIN BOARD. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTEREST POLICY IS NOT PUBLISHED. FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 234,533. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 234,533. FORM 990, PART XI, LINE 9: EXCHANGE RATE LOSS -80,140. FORM 990, PART XII, LINE 2C: THE ORGANIZATION NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. OPPORTUNITY INTERNATIONAL INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 540907624 TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR IL 501(C)(3) LINE 7 N/A 0 OPPORTUNITY TRANSFORMATION INVESTMENTS INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 364382506 TO INVEST AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS IL 501(C)(3) LINE 7 OPPORTUNITY INTERNATIONAL INC 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 OPPORTUNITY INTERNATIONAL INC C 889999 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL INC O 210323 CASH TRANSFERRED