Opportunity Institute
- Assets
- $113.8k
- Revenue
- $775.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Berkeley, CA
- Founding
- 08/2015
- Data as of
- 06/2024
- 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 06/2024, Opportunity Institute employed 7 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 06/2024, Opportunity Institute generated $775.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.5%) each year. All expenses for the organization totaled $822.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (24.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Opportunity Institute has awarded 27 individual grants totaling $3,481,733. 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
2024
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
WHOLE CHILD EQUITY: ADVANCING PRACTICES AND POLICIES TO ENSURE ALL STUDENTS BENEFIT FROM STRATEGIES AND STRUCTURES THAT REFLECT SCIENCE, EVIDENCE, AND A "WHOLE CHILD" APPROACH. BUILDING A BROAD, COLLABORATIVE, MULTI-SECTOR COMMUNITY WITH A SHARED VISION OF EDUCATIONAL EQUITY AND EXCELLENCE WILL ENABLE COMMUNITIES TO DEVELOP AND IMPLEMENT THE INTERVENTIONS AND SERVICES TO HELP STUDENTS GET AND STAY ON TRACK.
RESOURCE EQUITY: ADVOCATING FOR ADEQUATE AND SUSTAINED FUNDING FOR PUBLIC SCHOOLS AND THE EQUITABLE ALLOCATION OF EDUCATIONAL RESOURCES, WITH HIGHER-NEED SCHOOLS AND DISTRICTS GETTING THEIR FAIR SHARE.
EQUITY INDICATORS: SUPPORTING THE USE OF THE MONITORING EDUCATIONAL EQUITY FRAMEWORK DEVELOPED BY THE NATIONAL ACADEMIES OF SCIENCES, ENGINEERING, AND MEDICINE (NAS) TO ANALYZE DISPARITIES, AS WELL AS THE DEVELOPMENT OF STATE-BASED EQUITY INDICATOR SYSTEMS AND A FEDERAL EQUITY INDICATOR SYSTEM.ADOLESCENT LEARNING AND DEVELOPMENT PROJECT: IS A HIGHLY FOCUSED EFFORT TO UTILIZE A "WHOLE CHILD" APPROACH TO ADDRESS THE UNIQUE DEVELOPMENTAL NEEDS OF ADOLESCENTS AND YOUTH. WE WORK TO IDENTIFY THE PRACTICE CHANGES THAT NEED TO HAPPEN, AND THE POLICY SUPPORTS THAT WILL ACCELERATE THE INSTITUTIONAL CHANGES REQUIRED SO CHANGES ARE BOTH SUSTAINABLE AND TRANSFORMATIVE AT SCALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Edley Jr Co-Founder/president Emeri | OfficerTrustee | 2 | $0 |
Laura Dandrea Tyson Chair | OfficerTrustee | 2 | $0 |
Thomas Saenz Secretary | OfficerTrustee | 2 | $0 |
Robert Reich Director | Trustee | 1 | $0 |
Bill Richardson Director | Trustee | 1 | $0 |
Robert Shireman Director | Trustee | 1 | $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 |
Massey Consulting Coordinated Implementation Of A Public I | 6/29/17 | $146,185 |
Turnaround For Children Content Preparation, Project Management, | 6/29/17 | $117,185 |
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 | $775,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $775,600 |
| Total Program Service Revenue | $0 |
| Investment income | $195 |
| 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 | $775,795 |
| 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. | $162,378 |
| Compensation of current officers, directors, key employees. | $32,476 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $334,139 |
| Pension plan accruals and contributions | $29,791 |
| Other employee benefits | $46,755 |
| Payroll taxes | $31,520 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,603 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,645 |
| Travel | $0 |
| 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 | $170,894 |
| Total functional expenses | $822,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,200 |
| Savings and temporary cash investments | $106,614 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $113,814 |
| Accounts payable and accrued expenses | $690 |
| 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 | $690 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $113,124 |
| 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 | $113,814 |
Grants Awarded
Over the last fiscal year, Opportunity Institute has awarded $280,909 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHAFFEY COLLEGE PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $25,000 |
COLLEGE FUTURES FOUNDATION PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $109,108 |
COMMUNITY PARTNERS PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $11,206 |
KERN COMMUNITY COLLEGE DISTRICT PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $25,000 |
SAN FRANCISCO STATE UNIVERSITY PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $25,000 |
SHASTA COLLEGE PURPOSE: PROGRAM FOR FORMERLY INCARCERATED YOUTH | $25,000 |