Skip to content
Nonprofiteer
← OPPORTUNITY INTERNATIONAL NICARAGUA INC

Form 990 for tax year 2022

Filed by OPPORTUNITY INTERNATIONAL NICARAGUA INC.

Totals

Total revenue
$3,038,390
Total expenses
$3,037,974
Contributions and grants received
$1,385,293
Grants paid
$59,933
Program service revenue
$1,561,943
Investment income
$57,374
Other revenue
$33,780
Total assets, end of year
$4,779,824
Total liabilities, end of year
$1,651,485
Net assets or fund balances, end of year
$3,128,339
Program services expenses (Part IX)
$1,949,528
Management and general expenses
$1,088,446
Fundraising expenses
$0
Program service expenses (Part III)
$1,949,528

Program services were 64.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $640,000

  • 1f · All other contributions, gifts and grants

    $745,293

  • 2a · Program service revenue: AGRICULTURAL PRODUCTS

    total $1,505,159 · related or exempt $1,505,159

  • 2b · Program service revenue: SCHOOL TUITION

    total $56,784 · related or exempt $56,784

  • 3 · Investment income

    total $57,360 · unrelated business $49,757 · excluded $7,603

  • 7a · Gross sales of assets other than inventory

    securities $14

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $14

  • 7d · Net gain or loss

    total $14 · excluded $14

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $33,780 · excluded $33,780

  • 11e · Other revenue, total

    $33,780

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $59,933 · program services $59,933

  • 5 · Compensation of officers, directors and key employees

    total $322,780 · management and general $322,780

  • 7 · Other salaries and wages

    total $687,106 · management and general $687,106

  • 8 · Pension plan contributions

    total $3,280 · management and general $3,280

  • 10 · Payroll taxes

    total $11,043 · management and general $11,043

  • 11b · Fees: legal

    total $9,700 · management and general $9,700

  • 11c · Fees: accounting

    total $33,026 · management and general $33,026

  • 11g · Fees: other

    total $83,563 · program services $83,563

  • 13 · Office expenses

    total $995 · program services $995

  • 17 · Travel

    total $16,170 · program services $16,170

  • 20 · Interest

    total $16,875 · program services $16,875

  • 22 · Depreciation, depletion and amortization

    total $251,404 · program services $251,404

  • 23 · Insurance

    total $5,834 · program services $5,834

  • 24a · Other expenses: FOOD PROCESSING PLANT E

    total $1,514,754 · program services $1,514,754

  • 24b · Other expenses: FOREIGN CURRENCY TRANSL

    total $21,511 · management and general $21,511

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $27,700 · end of year $56,257

  • 2 · Savings and temporary cash investments

    beginning of year $731,584 · end of year $164,525

  • 4 · Accounts receivable

    beginning of year $353,509 · end of year $1,100,529

  • 7 · Other notes and loans receivable

    end of year $13,097

  • 8 · Inventories for sale or use

    beginning of year $277,415 · end of year $360,195

  • 9 · Prepaid expenses and deferred charges

    end of year $116,294

  • 10a · Land, buildings and equipment: cost or other basis

    $2,529,564

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,502,816

  • 10c · Land, buildings and equipment, net

    beginning of year $1,110,675 · end of year $1,026,748

  • 11 · Investments: publicly traded securities

    beginning of year $432,713 · end of year $484,927

  • 12 · Investments: other securities

    beginning of year $150,000 · end of year $600,000

  • 15 · Other assets

    beginning of year $1,230,690 · end of year $857,252

  • 17 · Accounts payable and accrued expenses

    beginning of year $474,745 · end of year $612,790

  • 22 · Loans and payables to officers and key people

    beginning of year $800,000 · end of year $800,000

  • 24 · Unsecured notes and loans payable

    beginning of year $179,593 · end of year $225,000

  • 25 · Other liabilities

    beginning of year $50,347 · end of year $13,695

  • 27 · Net assets without donor restrictions

    beginning of year $2,376,887 · end of year $2,643,411

  • 28 · Net assets with donor restrictions

    beginning of year $432,714 · end of year $484,928

Mission and programs · 2022

Mission

THE ECONOMIC, SOCIAL, AND SPIRITUAL TRANSFORMATION OF THE POOR, THEIR FAMILIES, AND THE COMMUNITIES IN WHICH THEY LIVE.

Activities or mission (Part I)

THE ECONOMIC, SOCIAL, AND SPIRITUAL TRANSFORMATION OF THE POOR, THEIR FAMILIES, (SEE SCH O) AND THE COMMUNITIES IN WHICH THEY LIVE.

  • OPERATE FOOD PROCESSING PLANT IN LOCAL COMMUNITY TO BETTER PRODUCT PLACEMENT IN THE VALUE CHAIN, CREATE JOBS, AND BETTER LIVING CONDITIONS THROUGH TRAINING IN FINANCIAL LITERACY, MODELING IMPROVED AGRICULTURE METHODS, AND SPONSORING ENTREPRENEURSHIP THAT WILL LEAD TO SUSTAINABLE LIVELIHOODS.

    Expenses $1,569,753 · Grants $59,933 · Revenue $1,505,159

  • OPERATE A LOCAL SCHOOL IN THE COMMUNITY WITH AN EMPHASIS IN TRAINING IN AGRICULTURE AND HOSPITALITY INDUSTRIES THAT WILL LEAD TO SUSTAINABLE LIVELIHOODS.

    Expenses $311,775 · Revenue $56,784

  • WORK LOCALLY WITH RESIDENTS TO BETTER THE COMMUNITY, 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.

    Expenses $68,000

As filed on the 2022 return.

Listed in Part VII

  • David Kone

    EXECUTIVE DIRECTOR

    Total calculated
    $322,780
    From this org
    $316,000
    From related orgs
    $0
    Other
    $6,780
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $156,000
    Bonus
    $160,000
    Other
    $0
    Deferred
    $2,464
    Nontaxable benefits
    $4,316
    Filer's total
    $322,780

  • David Allman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5 + 1 related

  • Donna Allman

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Don Greiner

    TREASURER

    Total calculated
    $0
    Hours/week
    5 + 1 related

  • Jeannie Buckner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Shellie Greiner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Mark Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5 + 1 related

  • Florida Ellis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Angie Bastian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Dan Bastian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Thomas Guerard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5 + 1 related

  • Bob Lupton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Sandra Padilla

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • David Wiegman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE EXECUTIVE DIRECTOR RECEIVED BONUS COMPENSATION OF $160,000 DURING 2022.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PROSPERA FOODS INC

    C · MARKET DISTRIBUTION OF AGRICULTURAL GOODS PRODUCED BY OIN · PA · 75% owned · share of income $1,932,485 · share of assets $2,842,694 · controlled entity

    Directly controlled by OPPORTUNITY INTERNATIONAL NICARAGUA

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202333189349315053

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.