2019-11-07T11:22:03-06:00 2018-12-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 205 N MICHIGAN AVE 2800 CHICAGO IL 606015927 990 2018-01-01 540907624 OPPORTUNITY INTERNATIONAL INC D/B/A OPPORTUNITY INTERNATIONAL-US OPPO 3124875000 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 MARGARET TOMASIK SVP FINANCE & TREASURER 3124875000 2019-11-07 1 MARK HEROUX P00959793 3127298000 2019-11-07 38.88.202.179 2019-11-07 10:39:40 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 08762F0D18350026DDFD606973AA7C1F94B48541 2018 2020-01-14 16:20:31Z MARGARET TOMASIK 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 84976544 0 X WWW.OPPORTUNITY.ORG X 1971 IL OPPORTUNITY INTERNATIONAL IS A TAX-EXEMPT, PUBLICLY SUPPORTED CORPORATION WORKING INTERNATIONALLY TO HELP FAMILIES LIVING IN POVERTY BUILD SUSTAINABLE LIVELIHOODS, EDUCATE THEIR CHILDREN, AND ESCAPE ENDEMIC POVERTY. WE PROVIDE LOANS, TRAINING, AND SUPPORT SERVICES TO HELP CLIENTS GROW THEIR INCOMES AND IMPROVE EDUCATION FOR CHILDREN BY SETTING UP SMALL BUSINESSES, IMPROVING THEIR FARMS, AND GROWING AND IMPROVING AFFORDABLE SCHOOLS. OPPORTUNITY'S STAFF AND IMPLEMENTING PARTNER ORGANIZATIONS WORK IN 24 COUNTRIES. IN 2018 OPPORTUNITY AND ITS WORLDWIDE PARTNERS SERVED 6.6 MILLION LOAN CLIENTS AND REACHED OVER 2 MILLION CHILDREN IN 6,300 SCHOOLS. WOMEN MAKE UP OVER 85% OF OUR CLIENTS. DISCOVER MORE AT OPPORTUNITY.ORG. 12 11 74 60 0 35648 21636368 25788125 56810492 59181380 -558161 -233723 0 0 77888699 84735782 4603271 4192511 0 0 7186046 8225619 0 0 3719176 66788880 64511740 78578197 76929870 -689498 7805912 253928479 266123821 209791265 222091978 44137214 44031843 X OPPORTUNITY INTERNATIONAL IS A TAX-EXEMPT, PUBLICLY SUPPORTED CORPORATION WORKING INTERNATIONALLY TO HELP FAMILIES LIVING IN POVERTY BUILD SUSTAINABLE LIVELIHOODS, EDUCATE THEIR CHILDREN, AND ESCAPE ENDEMIC POVERTY. WE PROVIDE LOANS, TRAINING, AND SUPPORT SERVICES TO HELP CLIENTS GROW THEIR INCOMES AND IMPROVE EDUCATION FOR CHILDREN BY SETTING UP SMALL BUSINESSES, IMPROVING THEIR FARMS, AND GROWING AND IMPROVING AFFORDABLE SCHOOLS. OPPORTUNITY'S STAFF AND IMPLEMENTING PARTNER ORGANIZATIONS WORK IN 24 COUNTRIES. IN 2018 OPPORTUNITY AND ITS WORLDWIDE PARTNERS SERVED 6.6 MILLION LOAN CLIENTS AND REACHED OVER 2 MILLION CHILDREN IN 6,300 SCHOOLS. WOMEN MAKE UP OVER 85% OF OUR CLIENTS. DISCOVER MORE AT OPPORTUNITY.ORG. 0 0 59853535 48704253 OPPORTUNITY INTERNATIONAL IS A TAX-EXEMPT, PUBLICLY SUPPORTED CORPORATION WORKING INTERNATIONALLY TO HELP FAMILIES LIVING IN POVERTY BUILD SUSTAINABLE LIVELIHOODS, EDUCATE THEIR CHILDREN, AND ESCAPE ENDEMIC POVERTY. WE PROVIDE LOANS, TRAINING, AND SUPPORT SERVICES TO HELP CLIENTS GROW THEIR INCOMES AND IMPROVE EDUCATION FOR CHILDREN BY SETTING UP SMALL BUSINESSES, IMPROVING THEIR FARMS, AND GROWING AND IMPROVING AFFORDABLE SCHOOLS. OPPORTUNITY BANKS IN SERBIA, GHANA AND COLOMBIA PROVIDE LOANS, SAVINGS PROGRAMS AND OTHER FINANCIAL SERVICES AND TRAINING. 2885424 2885424 2885424 OPPORTUNITY INTERNATIONAL PROVIDES GRANTS AND LOANS TO IMPLEMENTING PARTNER ORGANIZATIONS TO TRAIN AND PROVIDE SUPPORT SERVICES TO HELP CLIENTS GROW THEIR INCOMES AND IMPROVE EDUCATION FOR CHILDREN BY SETTING UP SMALL BUSINESSES, IMPROVING THEIR FARMS, AND GROWING AND IMPROVING AFFORDABLE SCHOOLS. OPPORTUNITY'S IMPLEMENTING PARTNER ORGANIZATIONS WORK IN 24 COUNTRIES. IN 2018 OPPORTUNITY AND ITS WORLDWIDE PARTNERS SERVED 6.6 MILLION LOAN CLIENTS AND REACHED OVER 2 MILLION CHILDREN IN 6,300 SCHOOLS. 6910018 6910018 OPPORTUNITY PROVIDES SUPPORT TO OPPORTUNITY'S GLOBAL PROGRAM TEAMS WHO TRAIN AND PROVIDE SUPPORT SERVICES TO CLIENTS AND LOCAL ORGANIZATIONS IN OVER 24 COUNTRIES. WE HELP FAMILIES LIVING IN POVERTY BUILD SUSTAINABLE LIVELIHOODS, EDUCATE THEIR CHILDREN, AND ESCAPE ENDEMIC POVERTY. WE PROVIDE LOANS, TRAINING, AND SUPPORT SERVICES TO HELP CLIENTS GROW THEIR INCOMES AND IMPROVE EDUCATION FOR CHILDREN BY SETTING UP SMALL BUSINESSES, IMPROVING THEIR FARMS, AND GROWING AND IMPROVING AFFORDABLE SCHOOLS. IN 2018 OPPORTUNITY AND ITS WORLDWIDE PARTNERS SERVED 6.6 MILLION LOAN CLIENTS AND REACHED OVER 2 MILLION CHILDREN IN 6,300 SCHOOLS. 1307087 1307087 681685 OI GRANTED FUNDS TO AFFILIATES, OPPORTUNITY INC., OPPORTUNITY TRANSFORMATION INVESTMENTS, INC., AND OPPORTUNITY INTERNATIONAL NICARAGUA, INC. 1307087 1307087 681685 70956064 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 86 0 74 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA CT GA IL KS ME MD MA MI MN MS NJ NY NC OH OR PA RI SC TN VA WA WI AZ FL NH CO X X X MARGARET TOMASIK SVP FINANCE & TREASURER 8007939455 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 KATEY ASSEM DIRECTOR 3.00 3.00 X 0 0 0 MUFFY MACMILLAN DIRECTOR 3.00 3.00 X 0 0 0 SUSAN GILLETTE DIRECTOR 3.00 0.00 X 0 0 0 BARBARA LUPIENT DIRECTOR 3.00 0.00 X 0 0 0 JANE NELSON DIRECTOR 3.00 3.00 X 0 0 0 BETH JOHNSTON STEPHENSON DIRECTOR 3.00 3.00 X 0 0 0 JOHN HART DIRECTOR 3.00 3.00 X 0 0 0 LEANN POPE VICE CHAIR 5.00 0.00 X X 0 0 0 DAVE M TOLMIE CHAIR 7.00 3.00 X X 0 0 0 ALANA ACKERSON DIRECTOR 3.00 0.00 X 0 0 0 JOHN C REYNOLDS DIRECTOR 5.00 0.00 X 0 0 0 JOEL JOHNSON DIRECTOR 5.00 0.00 X 0 0 0 JEFF GERMANOTTA DIRECTOR 5.00 5.00 X 0 0 0 ATUL TANDON CHIEF EXECTUTIVE OFFICER 50.00 5.00 X X 360000 0 32804 RON GRAY LEGAL COUNSEL & SECRETARY 34.00 6.00 X 204713 68238 45022 MARGARET TOMASIK SVP FINANCE 55.00 0.00 X 203775 0 29756 DAVID WIEGMAN VP, INTERNATIONAL FINANCE 55.00 0.00 X 146888 0 36155 GREGORY ROTH SVP, PHILANTHROPY 55.00 0.00 X 208158 0 37650 MARK LUTZ SVP, GLOBAL PHILANTHROPY 55.00 0.00 X 198901 0 27589 AMELIA S HAIDUC SVP, INTERNATIONAL BUSINESS DEVELOPMENT 55.00 0.00 X 177467 0 38853 CHRISTINA KOLIOPOULOS VP, COMMUNICATIONS 47.00 8.00 X 178358 26754 21864 LORI OLSON VP, PHILANTHROPY 55.00 0.00 X 160813 0 10270 1839073 94992 279963 22 0 1 0 TEMENOS HOLDINGS NV TOTAL PIETERMAAI 123 PO BOX 6113 WILLEMSTAD UC BANKING SOFTWARE LICENSES AND MAINTENANC 558024 RJB SYSTEMS INC 2200 E 104TH AVE SUITE 209 THORNTON CO 80233 COMPUTER NETWORK MAINTENANCE 287013 JETHRO LIMITED ANGEL HSE STE 13 3RD FL 22 MARSH WA CONARY WHARF LONDON UK E14 9FW COMPUTER NETWORK MAINTENANCE 205253 AMAHLE 6S614 HUNTINGTON COURT NAPERVILLE IL 60540 TRAVEL SERVICES 153569 KPMG LLP 200 E RANDOLPH ST CHICAGO IL 60601 AUDIT SERVICES 137500 6 17625 25770500 2125755 25788125 MICRO FINANCE REVENUE 522100 55884314 55884314 SUPPORT SERVICE REVENUE 522100 3297066 3297066 59181380 7039 7039 240762 -240762 -240762 -240762 84735782 59181380 0 -233723 1307087 1307087 2885424 2885424 998536 523643 117879 357014 5431703 2848446 641220 1942037 385643 202235 45526 137882 914007 479315 107900 326792 495730 259966 58522 177242 76764 60698 8970 7096 90000 71165 10516 8319 3221156 2547008 376391 297757 115949 112432 599 2918 1717809 1481283 126452 110074 669541 116148 548593 4800 1116543 739378 87542 289623 62896 23448 26292 13156 12308689 12307944 745 234989 192411 42578 115210 84444 30558 208 OTI BANKING OPERATING E 35963706 35963706 O.I. NETWORK PROGRAM EX 6910018 6910018 PROVISION FOR LOAN LOSS 2718536 2718536 -810066 -878671 24347 44258 76929870 70956064 2254630 3719176 57684464 57978536 8987755 7584243 169381823 181559845 10489141 11435481 16802443 10233450 6448978 6568993 560650 621055 375668 375668 253928479 266123821 16579556 12944935 4237692 4575469 48117259 51428600 140856758 153142974 209791265 222091978 X 25860135 31022500 18277079 13009343 44137214 44031843 253928479 266123821 X 7805912 -11238 -7900045 X X 0 1 X 1 0 X 48834877 21378858 21246759 21636368 25788125 138884987 48834877 21378858 21246759 21636368 25788125 138884987 33835312 105049675 147917 230402 72286 39436 7039 497080 174 174 139382241 364743366 0.75370 0.76640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2014 AMOUNT: $ 174. 5 40000 40000 375668 1 1 6038311 6038311 6086556 -48245 6038311 5867592 218964 6086556 16802443 10233450 6568993 6568993 DEPOSITS FROM CUSTOMERS 141436211 ALLOWANCE FOR LOSS IN OTHER INSTITUTIONS 11706763 153142974 X 55131522 0 55131522 29604260 29604260 84735782 48615122 1616645 1616645 46998477 29931393 29931393 76929870 PART X, LINE 2: OPPORTUNITY 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 IN THE ACCOMMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR CHARITABLE ACTIVITIES. OPPORTUNITY HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10. THE ONLY SIGNIFICANT TAX POSITION MANAGEMENT HAS IDENTIFIED IS THAT OF OPPORTUNITY'S TAX-EXEMPT STATUS. NO OTHER TAX POSITIONS, CERTAIN OR UNCERTAIN, HAVE BEEN IDENTIFIED. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE OF DISCONTINUED OPS 29,295,213. BAD DEBT 250,288. OTHER RECONCILING ITEM 58,759. PART XII, LINE 2D - OTHER ADJUSTMENTS: DISCONTINUED OPERATIONS - INCOME TAX BENEFIT 197,668. INTERCOMPANY EXPENSE ALLOCATION 1,418,977. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISCONTINUED OPERATIONS - INTEREST 6,276,315. DISCONTINUED OPERATIONS -PROVISION FOR LOAN LOSS 1,401,353. DISCONTINUED OPERATIONS - OPERATING EXPENSES 22,253,723. ROUNDING ADJUSTMENT 2. 1 SUB-SAHARAN AFRICA GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 1790605 EUROPE GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 157918 CENTRAL AMERICA & THE CARIBBEAN GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 1069506 EAST ASIA & THE PACIFIC GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 410887 SOUTH AMERICA GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 351308 SOUTH ASIA GRANTS TO RECIPIENTS IN THE REGION GRANTS TO RECIPIENTS IN THE REGION IN SUPPORT OF OIUS'S MISSION 115200 0 0 0 0 0 0 3895424 0 3895424 PHILIPPINES SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS 188382 WIRE TRANSFER GHANA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 648250 WIRE TRANSFER UGANDA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 885529 WIRE TRANSFER COLOMBIA SCHOOL IMPROVEMENT LOANS AND SCHOOL FEE LOANS AND RELATED OPERATIONAL EXPENSES AND TRAINING TO EXPAND ACCESSIBILITY OF EDUCATION IN LOW INCOME AREAS 351308 WIRE TRANSFER NICARAGUA FINANCIAL AND AGRICULTURAL SERVICES AND TRAINING, EDUCATION AND COMMUNITY ECONOMIC DEVELOPMENT 1069506 WIRE TRANSFER RWANDA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONSTO EXTEND FINANCIAL SERVICES AND TRAINING, ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 18599 WIRE TRANSFER TANZANIA IMPROVED TECHNOLOGY, EQUIPMENT AND SUPPORT OPERATIONS TO EXTEND FINANCIAL SERVICES AND TRAINING ESPECIALLY RELATED TO AGRICULTURE AND EDUCATION 12500 WIRE TRANSFER UNITED KINGDOM SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS 92918 WIRE TRANSFER INDIA TRAINING AND SUPPORT FOR COMMUNITY HEALTH FACILITATORS 115200 WIRE TRANSFER AUSTRALIA GRANT TO TRAIN AND SUPPORT WOMEN IN INDIA TO ACT AS COMMUNITY HEALTH FACILITATORS, INCLUDING TRAINING MATERIALS AND MARKET STUDY 222505 WIRE TRANSFER GERMANY SUPPORT MICROFINANCE INSTITUTIONS WITH OPERATING AND LOAN FUNDS 65000 WIRE TRANSFER MALAWI 225728 0 0 1 0 0 0 PART I, LINE 2: UPON RECEIPT OF A FUNDING AWARD THAT INCLUDES IMPLEMENTING PARTNERS, THE PROJECT IS HANDED OFF TO OPPORTUNITY'S PROGRAM MANAGEMENT TEAM FOR SET-UP AND EVALUATION OF PROSEPCTIVE GRANTEES TO IMPLEMENT THE PROJECT. NEW GRANTEES ARE APPROVED BY THE MANAGEMENT TEAM. PROGRAM MANAGEMENT DRAFTS COMPREHENSIVE DONOR PROGRAM MEMORANDUM OF UNDERSTANDING (MOU) AGREEMENTS WITH ALL PARTNERS WITHIN A PROJECT. IN ORDER TO DISBURSE FUNDS TO THE GRANTEE(S) IN ACCORDANCE WITH THE APPROVED PROJECT BUDGET, A SEPARATE FUNDING AGREEMENT IS PREPARED THAT REFERENCES THE TERMS OF THE EXECUTED DONOR PROGRAM AGREEMENT. THE EXECUTED FUNDING AGREEMENT IS THEN PROVIDED TO FINANCE ALONG WITH THE REQUEST FOR FUNDING FORM IN ORDER TO INITIATE THE FUND DISBURSEMENT TO THE GRANTEE(S). DUSBURSEMENTS ARE ONLY MADE WHEN ALL SIGNED AGREEMENTS ARE PROVIDED AND DISBURSEMENTS ARE TRACKED IN THE FINANCIAL SYSTEM. OPPORTUNITY'S PROGRAM MANAGEMENT TEAM IS ALSO RESPONSIBLE FOR THE MONITORING OF BUDGET TO ACTUAL SPENDING, PROJECT ACTIVITIES, PROGRESS AGAINST TARGETS AND DONOR REPORTING. MONITORING IS CONDUCTED BY MULTIPLE METHODS THROUGHOUT THE LIFE CYCLE OF THE PROJECT, WHICH VARY ACCORDING TO THE PROJECT SIZE AND RESOURCES ALLOCATED TO SUPPORT MONITORING COSTS. IN GENERAL, MONITORING INCLUDES REGULAR UPDATE CALLS WITH THE LOCAL PROJECT TEAM, EMAIL UPDATES BETWEEN SCHEDULED PROJECT CALLS, AND SUBMISSION OF REGULAR INTERNAL REPORTS TO PROGRAM MANAGEMENT ON THE STATUS OF PROGRAM ACTIVITIES, PROGRESS AGAINST TARGETS, AND BUDGET TO ACTUAL SPENDING. IN ADDITION, BACKUP DOCUMENTATION FOR FINANCIAL REPORTING IS COLLECTED AS NECESSARY, SUCH AS INVOICES FOR PROCUREMENT, CONSULTANT AGREEMENTS, ETC. THE SCHEDULE OF REPORTING IS OUTLINED WITHIN THE DONOR PROGRAM MOU AGREEMENT IF RESOURCES ARE ALLOCATED FOR ON-SITE MONITORING VISITS, PROGRAM MANAGEMENT WILL TRAVEL TO THE PROJECT LOCATION TO CONDUCT PERIODIC MONTIORING ACTVITIES AND AUDIT PROGRAM FILES AND FINANCIAL RECORDS, AS NEEDED. 1 OPPORTUNITY TRANSFORMATION INVESTMENTS INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 364382506 501(C)(3) 625402 0 N/A FUNDS TO RELATED ORGANIZATION FOR OPERATING EXPENSES AND INVESTMENT IN SUBSIDIARY OPPORTUNITY INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 611748401 501(C)(3) 455957 N/A FUNDS TO AFFILIATE FOR OPERATING EXPENSES 2 PART I, LINE 2: UPON RECEIPT OF A FUNDING AWARD THAT INCLUDES IMPLEMENTING PARTNERS, THE PROJECT IS HANDED OFF TO OPPORTUNITY'S PROGRAM MANAGEMENT TEAM FOR SET-UP AND EVALUATION OF PROSPECTIVE GRANTEES TO IMPLEMENT THE PROJECT. NEW GRANTEES ARE APPROVED BY THE MANAGEMENT TEAM. PROGRAM MANAGEMENT DRAFTS COMPREHENSIVE DONOR PROGRAM MEMORANDUM OF UNDERSTANDING (MOU) AGREEMENTS WITH ALL PARTNERS WITHIN A PROJECT. IN ORDER TO DISBURSE FUNDS TO THE GRANTEE(S) IN ACCORDANCE WITH THE APPROVED PROJECT BUDGET, A SEPARATE FUNDING AGREEMENT IS PREPARED THAT REFERENCES THE TERMS OF THE EXECUTED DONOR PROGRAM AGREEMENT. THE EXECUTED FUNDING AGREEMENT IS THEN PROVIDED TO FINANCE ALONG WITH THE REQUEST FOR FUNDING FORM IN ORDER TO INITIATE THE FUND DISBURSEMENT TO THE GRANTEE(S). DISBURSEMENTS ARE ONLY MADE WHEN ALL SIGNED AGREEMENTS ARE PROVIDED AND DISBURSEMENTS ARE TRACKED IN THE FINANCIAL SYSTEM. OPPORTUNITY'S PROGRAM MANAGEMENT TEAM IS ALSO RESPONSIBLE FOR THE MONITORING OF BUDGET TO ACTUAL SPENDING, PROJECT ACTIVITIES, PROGRESS AGAINST TARGETS AND DONOR REPORTING. MONITORING IS CONDUCTED BY MULTIPLE METHODS THROUGHOUT THE LIFE CYCLE OF THE PROJECT, WHICH VARY ACCORDING TO THE PROJECT SIZE AND RESOURCES ALLOCATED TO SUPPORT MONITORING COSTS. IN GENERAL, MONITORING INCLUDES REGULAR UPDATE CALLS WITH THE LOCAL PROJECT TEAM, EMAIL UPDATES BETWEEN SCHEDULED PROJECT CALLS, AND SUBMISSION OF REGULAR INTERNAL REPORTS TO PROGRAM MANAGEMENT ON THE STATUS OF PROGRAM ACTIVITIES, PROGRESS AGAINST TARGETS, AND BUDGET TO ACTUAL SPENDING. IN ADDITION, BACKUP DOCUMENTATION FOR FINANCIAL REPORTING IS COLLECTED AS NECESSARY, SUCH AS INVOICES FOR PROCUREMENT, CONSULTANT AGREEMENTS, ETC. THE SCHEDULE OF REPORTING IS OUTLINED WITHIN THE DONOR PROGRAM MOU AGREEMENT IF RESOURCES ARE ALLOCATED FOR ON-SITE MONITORING VISITS, PROGRAM MANAGEMENT WILL TRAVEL TO THE PROJECT LOCATION TO CONDUCT PERIODIC MONTIORING ACTVITIES AND AUDIT PROGRAM FILES AND FINANCIAL RECORDS, AS NEEDED. 1 X X 0 0 0 0 0 0 0 0 0 ATUL TANDON CHIEF EXECTUTIVE OFFICER 360000 0 0 0 0 0 16500 0 16304 0 392804 0 0 0 RON GRAY LEGAL COUNSEL & SECRETARY 204713 68238 0 0 0 0 19018 0 14748 11256 238479 79494 0 0 MARGARET TOMASIK SVP FINANCE 194275 0 9500 0 0 0 13452 0 16304 0 233531 0 0 0 DAVID WIEGMAN VP, INTERNATIONAL FINANCE 146888 0 0 0 0 0 10151 0 26004 0 183043 0 0 0 GREGORY ROTH SVP, PHILANTHROPY 193158 0 15000 0 0 0 11646 0 26004 0 245808 0 0 0 MARK LUTZ SVP, GLOBAL PHILANTHROPY 198901 0 0 0 0 0 12251 0 15338 0 226490 0 0 0 AMELIA S HAIDUC SVP, INTERNATIONAL BUSINESS DEVELOPM 177467 0 0 0 0 0 12849 0 26004 0 216320 0 0 0 CHRISTINA KOLIOPOULOS VP, COMMUNICATIONS 178358 26754 0 0 0 0 12286 0 9578 0 200222 26754 0 0 LORI OLSON VP, PHILANTHROPY 144400 0 16413 0 0 0 10270 0 0 0 171083 0 0 0 X 61 1525007 FMV X LEGAL SERVICE 3 262594 FMV X ADVERTISING 4 260290 FMV X ACCOUNTING SERVICES 1 50000 FMV X TRAVEL 4 27865 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO BAKER TILLY VIRCHOW KRAUSE LLP. TREASURER OF OPPORTUNITY INTERNATIONAL (OI) REVIEWS THE DRAFT PREPARED BY BAKER TILLY VIRCHOW KRAUSE LLP AND DISCUSSES COMMENTS AND QUESTIONS WITH BAKER TILLY VIRCHOW KRAUSE LLP. FINAL DRAFT OF 990 IS PRESENTED TO AUDIT COMMITTEE FOR REVIEW. AFTER REVIEW IS COMPLETE, THE 990 IS DISTRIBUTED TO THE OPPORTUNITY INTERNATIONAL BOD 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 HUMAN RESOURCES DEPARTMENT. IN THE CASE OF THE CEO AND OTHER DIRECTORS, CONFLICTS OF INTEREST ARE REPORTED TO THE FINANCE COMMITTEE, AND 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 15 COMPENSATION IS REVIEWED USING PAYFACTORS SALARY DATABASE AND HUMENTUM SALARY SURVEY AS COMPARABILITY DATA TO HELP SET COMPENSATION. COMPENSATION DECISIONS ARE REVIEWED BY THE CEO AND APPROVALS ARE DOCUMENTED IN THE EMPLOYEE FILES. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTEREST POLICY IS NOT PUBLISHED. FINANCIAL STATEMENTS ARE AVAILABLE ON THE OPPORTUNITY INTERNATIONAL WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION LOSS -2,538,970. MINORITY INTEREST 510,227. BANKING ACTIVITY -5,871,302. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. OPPORTUNITY TRANSFORMATION INVESTMENTS 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 1 OPPORTUNITY INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 611748401 TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR IL 501(C)(3) LINE 7 N/A 0 OPPORTUNITY INTERNATIONAL NICARAGUA INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 470994982 ASSIST LOCAL COMMUNITIES CREATE JOBS AND BETTER LIVING CONDITIONS IL 501(C)(3) LINE 7 OPPORTUNITY TRANSFORMATION INVESTMENTS 1 OPPORTUNITY BANK AD NOVI SAD BULEVAR OSLOBODJENJA 2A NOVI SAD RI OTHER DEPOSITORY RI OPPORTUNITY TRANSFORMATION INVESTMENTS C 2524490 156995285 1.00000 1 OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED NO D765/3 KWAMWE NKRUMAH AVENUE ACCRA GH OTHER DEPOSITORY GH OPPORTUNITY TRANSFORMATION INVESTMENTS C -1228336 36512842 0.76080 1 OPPORTUNITY INTERNATIONAL COLUMBIA SA FINANCING CO CALLE 70 7-30 BOGOTA CO OTHER DEPOSITORY CO OPPORTUNITY TRANSFORMATION INVESTMENTS C -320684 27766094 0.73870 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 OPPORTUNITY TRANSFORMATION INVESTMENTS B 625402 CASH TRANSFERRED OPPORTUNITY INC B 455957 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL NICARAGUA INC B 784773 CASH TRANSFERRED OPPORTUNITY BANK SERBIA L 1050000 CASH TRANSFERRED