Opportunity Institute
- Assets
- $2.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Berkeley, CA
- Founding
- 08/2015
- Data as of
- 06/2021
- EIN
- 47-3888926
Organization Overview
Opportunity Institute is located in Berkeley, CA. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, Opportunity Institute employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Institute 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 06/2021, Opportunity Institute generated $2.1m 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 (26.9%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (20.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Opportunity Institute has awarded 45 individual grants totaling $4,043,551. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE OPPORTUNITY INSTITUTE IS A NON-PROFIT ORGANIZATION THAT PROMOTES SOCIAL MOBILITY AND EQUITY BY IMPROVING OUTCOMES FROM EARLY CHILDHOOD THROUGH EARLY CAREER. WE FOCUS ON EDUCATION, WHICH PLAYS A CRITICAL ROLE IN OPENING OPPORTUNITIES, AND THE RELATED SOCIAL POLICIES THAT MAKE TRUE OPPORTUNITY POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE P-12 EQUITY AND EXCELLENCE PROGRAM AREA PROVIDES INFRASTRUCTURE FOR NEW AND EXISTING EFFORTS AIMING TO IMPROVE STUDENT OUTCOMES THROUGH STRONG POLICIES AND PRACTICES FOR STUDENTS, TEACHERS, SCHOOLS, FAMILIES, AND COMMUNITIES. WHILE THE BULK OF OUR ACTIVITY IS ENCOMPASSED BY THE PARTNERS FOR EACH AND EVERY CHILD PROJECT DESCRIBED BELOW, WE ARE ALSO BUILDING CROSS-SECTOR STRATEGIES AND ALIGNMENT ACROSS WORKFORCE, HIGHER EDUCATION, HEALTH, AND JUSTICE.
THE OPPORTUNITY INSTITUTE'S COMMUNICATIONS TEAM WORKS TO TRANSLATE SOUND POLICY RESEARCH INTO CLEAR, CONCISE COMMUNICATIONS AND MESSAGES THAT WILL REACH AND RESONATE WITH POLICYMAKERS, THE GENERAL PUBLIC AND KEY STAKEHOLDERS. THROUGH A COMBINATION OF TARGETED ONLINE COMMUNICATIONS, TRADITIONAL MEDIA ACTIVITIES, AND SOCIAL MEDIA CAMPAIGNS, THE COMMUNICATIONS TEAM SUPPORTS THE POLICY AND RESEARCH ACTIVITIES OF THE OPPORTUNITY INSTITUTE'S PROGRAM TEAMS WITH ROBUST COMMUNICATIONS AND MESSAGING STRATEGIES.
THE OPPORTUNITY AND JUSTICE PROGRAM AREA CAME TO A SUCCESSFUL CONCLUSION ON 6/30/2020. WHEN THE PROJECT ENDED THERE WERE NO LONGER PASS-THROUGH FUNDS TO THE PILOT SITES, AS A RESULT, THE ORGANIZATION'S REVENUE AND EXPENSES DECREASED.
THE P-12 EQUITY AND EXCELLENCE PROGRAM AREA PROVIDES INFRASTRUCTURE FOR NEW AND EXISTING EFFORTS AIMING TO IMPROVE STUDENT OUTCOMES THROUGH STRONG POLICIES AND PRACTICES FOR STUDENTS, TEACHERS, SCHOOLS, FAMILIES, AND COMMUNITIES. WHILE THE BULK OF OUR ACTIVITY IS ENCOMPASSED BY THE PARTNERS FOR EACH AND EVERY CHILD PROJECT DESCRIBED BELOW, WE ARE ALSO BUILDING CROSS-SECTOR STRATEGIES AND ALIGNMENT ACROSS WORKFORCE, HIGHER EDUCATION, HEALTH, AND JUSTICE.
THE OPPORTUNITY INSTITUTE'S COMMUNICATIONS TEAM WORKS TO TRANSLATE SOUND POLICY RESEARCH INTO CLEAR, CONCISE COMMUNICATIONS AND MESSAGES THAT WILL REACH AND RESONATE WITH POLICYMAKERS, THE GENERAL PUBLIC AND KEY STAKEHOLDERS. THROUGH A COMBINATION OF TARGETED ONLINE COMMUNICATIONS, TRADITIONAL MEDIA ACTIVITIES, AND SOCIAL MEDIA CAMPAIGNS, THE COMMUNICATIONS TEAM SUPPORTS THE POLICY AND RESEARCH ACTIVITIES OF THE OPPORTUNITY INSTITUTE'S PROGRAM TEAMS WITH ROBUST COMMUNICATIONS AND MESSAGING STRATEGIES.
THE OPPORTUNITY AND JUSTICE PROGRAM AREA CAME TO A SUCCESSFUL CONCLUSION ON 6/30/2020. WHEN THE PROJECT ENDED THERE WERE NO LONGER PASS-THROUGH FUNDS TO THE PILOT SITES, AS A RESULT, THE ORGANIZATION'S REVENUE AND EXPENSES DECREASED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Echaveste President/ceo | Officer | 32 | $177,888 |
Guy Johnson Program Officer | 40 | $148,419 | |
Deanna Niebuhr Program Officer | 40 | $121,399 | |
Cynthia Palmerin Director Of Operations | Officer | 40 | $112,183 |
Sean Simplicio CFO | Officer | 24 | $13,212 |
Christopher Edley Jr Co-Founder/president Emeri | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ucsf Benioff Oakland Implementation Of Various Campaigns At C | 6/29/17 | $317,426 |
Univision Executed The "Pequenos Y Valiosos" Publi | 6/29/17 | $295,000 |
University Of California San Francisco Analysis, Evaluation, And Reporting Serv | 6/29/17 | $278,529 |
Turnaround For Children Content Preparation, Project Management, | 6/29/17 | $117,185 |
Massey Consulting Coordinated Implementation Of A Public I | 6/29/17 | $146,185 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,929,011 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,929,011 |
| Total Program Service Revenue | $120,000 |
| Investment income | $1,229 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,052,478 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $297,378 |
| Compensation of current officers, directors, key employees. | $20,069 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $597,035 |
| Pension plan accruals and contributions | $27,201 |
| Other employee benefits | $79,512 |
| Payroll taxes | $78,488 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $86,685 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $143,065 |
| Advertising and promotion | $0 |
| Office expenses | $50,636 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,415 |
| Travel | $2,493 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,500 |
| Total functional expenses | $1,396,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,857 |
| Savings and temporary cash investments | $600,816 |
| Pledges and grants receivable | $1,250,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,307 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,317 |
| Total assets | $1,968,297 |
| Accounts payable and accrued expenses | $18,566 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,566 |
| Net assets without donor restrictions | $752,593 |
| Net assets with donor restrictions | $1,197,138 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,968,297 |
Grants Awarded
Over the last fiscal year, Opportunity Institute has awarded $842,727 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Oakland, CA PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $109,108 |
Oakland, CA PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $109,108 |
Oakland, CA PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $109,108 |
STREET SCHOLARS-THE GAMBLE INSTITUTE PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $25,000 |
KERN COMMUNITY COLLEGE DISTRICT PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $25,000 |
KERN COMMUNITY COLLEGE DISTRICT PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Opportunity Institute has recieved totaling $1,950,000.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: PUBLIC AWARENESS AND ANALYSIS | $500,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR SUPPORT OF DEVELOPMENT OF NATIONAL EQUITY INDICATORS | $450,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR SUPPORT OF DEVELOPMENT OF NATIONAL EQUITY INDICATORS | $300,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION; PUBLIC AWARENESS AND ANALYSIS; RESEARCH AND LEARNING OPPORTUNITIES | $250,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION; PUBLIC AWARENESS AND ANALYSIS; RESEARCH AND LEARNING OPPORTUNITIES | $250,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: PUBLIC AWARENESS AND ANALYSIS | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Community Services Of The Mid Willamette Valley & Central Salem, OR | $4,444,104 | $18,908,977 |
The Davis Street Community Center Incorporated San Leandro, CA | $4,867,189 | $19,457,614 |
Community Action Team Incorporated Of St Helens, OR | $13,623,146 | $18,435,042 |
Outside In Portland, OR | $20,557,070 | $19,364,010 |
Yamhill Community Action Partnership Mcminnville, OR | $6,898,009 | $17,038,077 |
California Human Development Corp Santa Rosa, CA | $9,372,537 | $16,167,799 |
Lutheran Social Services Of Northern California Concord, CA | $7,407,903 | $15,266,538 |
Global Support And Development Redwood City, CA | $35,645,225 | $48,473,756 |
Oregon Human Development Corporation Gresham, OR | $1,006,372 | $15,394,021 |
Louis And Gladyce Foster Family Foundation Stockton, CA | $0 | $100,317 |
Union Of Pan Asian Communities San Diego, CA | $5,542,645 | $15,801,296 |
Psa Behavioral Health Agency Phoenix, AZ | $11,491,382 | $16,032,932 |