Give.org logo
Support Give.org
Support Give.org
CHARITY REVIEW
Issued: October 2024 Expires: October 2026

Opportunity International

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(800) 793-9455
Post Office Box 2826
Carol Stream, IL, 60132
https://opportunity.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Opportunity International meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to empower people living in poverty to transform their lives, their children's futures, and their communities by providing financial solutions and training."

Year, State Incorporated:
1971, IL

Opportunity International is a microfinance organization that provides small business loans, banking, insurance, and training to people in developing countries. The organization reports that clients in 30 countries use these financial services to start or expand a business, provide for their families, create jobs for their communities, and build a safety net for the future.

For the year ended September 30, 2023, Opportunity International's program expenses were:

Implementing partner operating expenses: $3,936,453

Field program: $21,620,082

Total Program Expenses: $25,556,535

Chief Executive
Atul Tandon, Chief Executive Officer

Compensation*
$662,408

Chair of the Board
LeAnn Pedersen Pope

Chair's Profession / Business Affiliation
Former Partner, Burke, Warren, MacKay, & Serritella, P.C.

Board Size
11

Paid Staff Size
234

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Foundation grants, Print advertisements

Fundraising costs were 19% of related contributions. (Related contributions, which totaled $28,854,069 are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Opportunity International's audited financial statements for the year ended September 30, 2023.

Source of Funds
Contributions $25,563,015
Government grants and contracts $3,291,054
Other income $657,543
Gain on investments $1,187,001
Total Income $30,698,613

Programs: 78% Fundraising: 17% Administrative: 6%

Total Income $30,698,613
Total expenses: $32,953,511
  Program expenses $25,556,535
  Fundraising expenses $5,534,538
  Administrative expenses $1,862,438
  Other expenses $0
Income in Excess of Expenses $-2,254,898
Beginning Net Assets $48,623,345
Other Changes In Net Assets $-466,124
Ending Net Assets $45,922,323
Total Liabilities $39,267,811
Total Assets $85,190,134

Note 1: In the financial summary above, "other changes in net assets" refers to noncontrolling interest in net loss of consolidated subsidiaries ($289,499) and loss on discontinued activities (-$735,623).

Note 2: According to the organization's audited financial statements - consolidated - for the year ended September 30, 2023, Opportunity International received in-kind contributions totaling $242,136 in the form of consulting services ($152,948), other professional services ($57,914), fundraising event ($20,928), travel ($8,322), and legal fees ($2,025).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance