2024-07-15T13:23:52-05:00 2023-08-31 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS - 16TH FL NEW YORK NY 10018 990 2022-09-01 431984494 THE NEW YORK OPPORTUNITY NETWORK INC DBA THE OPPORTUNITY NETWORK NEWY 6462374090 85 BROAD STREET 6TH FLOOR NEW YORK NY 10004 LUCRIA ORTIZ PRESIDENT & CEO 6462374090 2024-07-15 1 LUCRIA ORTIZ 999009999 0 MIKE SCHALL P02024184 2126618640 2024-07-09 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LUCRIA ORTIZ 85 BROAD STREET 6TH FLOOR NEW YORK NY 10004 11245986 0 X WWW.OPPORTUNITYNETWORK.ORG X 2002 NY THE OPPORTUNITY NETWORK IGNITES THE DRIVE, CURIOSITY, AND AGENCY OF UNDERREPRESENTED STUDENTS ON THEIR PATHS TO AND THROUGH COLLEGE AND INTO THRIVING CAREERS, POWERED BY OUR COMMITMENT TO ACCESS AND COMMUNITY. 27 27 74 600 0 0 10033896 9990713 298000 824849 7204 43142 23575 7501 10362675 10866205 372499 400551 0 0 6574851 8101144 0 0 1849045 2861549 3533229 9808899 12034924 553776 -1168719 8922114 9319617 281377 1808598 8640737 7511019 X THE OPPORTUNITY NETWORK IGNITES THE DRIVE, CURIOSITY, AND AGENCY OF UNDERREPRESENTED STUDENTS ON THEIR PATHS TO AND THROUGH COLLEGE AND INTO THRIVING CAREERS, POWERED BY OUR COMMITMENT TO ACCESS AND COMMUNITY. 0 0 8706113 400551 824849 THE OPPORTUNITY NETWORK (OPPNET) WORKS TO CLOSE THE OPPORTUNITY GAP FOR STUDENTS FROM HISTORICALLY AND SYSTEMATICALLY UNDERREPRESENTED COMMUNITIES. OPPNET'S CAREER FLUENCY CURRICULUM IS THE FOUNDATION OF OUR WORK AND CONSISTS OF SEVEN PILLARS DESIGNED TO LEAD YOUNG PEOPLE TO HOLISTIC COLLEGE AND CAREER SUCCESS: 1) COLLEGE ACCESS, TRANSITION, AND SUCCESS; 2) CAREER AWARENESS AND EXPOSURE; 3) PROFESSIONAL AND WORKPLACE SKILLS; 4) NETWORKS AND SOCIAL CAPITAL; 5) SOCIAL EMOTIONAL LEARNING; 6) IDENTITY AND CRITICAL CONSCIOUSNESS; AND 7) WELLNESS AND SELF-CARE.OPPNET'S STRATEGY BRIDGES COLLEGE AND CAREER SUPPORTS ACROSS THREE DISTINCT PROGRAMS:1) OUR FOUNDING OPPNET FELLOWS PROGRAM WORKS DIRECTLY WITH NEW YORK CITY PUBLIC SCHOOL STUDENTS FROM 10TH GRADE THROUGH TO THEIR COLLEGE GRADUATION-ENGAGING STUDENTS IN INTENSIVE PROGRAMMING, INCLUDING INDIVIDUALIZED COLLEGE COUNSELING, CAREER EXPOSURE, PROFESSIONAL SKILL-BUILDING, INDIVIDUALIZED SUPPORT THROUGH THE COLLEGE YEARS, AND FIVE SUMMERS OF PAID INTERNSHIPS OR MEANINGFUL ENRICHMENT PROGRAMMING. ON AVERAGE, 94% OF OPPNET FELLOWS GRADUATE COLLEGE WITHIN SIX YEARS, AND 89% SECURE CAREER-INTEREST ALIGNED EMPLOYMENT OR GRADUATE SCHOOL ADMISSION WITHIN SIX MONTHS OF COLLEGE GRADUATION. DURING OUR 2022-23 FISCAL YEAR, OPPNET PROUDLY SERVED ~1,100 STUDENTS THROUGH THIS PROGRAM.2) OPPNET'S CAPACITY-BUILDING CAREER FLUENCY PARTNERSHIPS PROGRAM, LAUNCHED IN 2011, HELPS SCHOOLS AND YOUTH-SERVING ORGANIZATIONS INTEGRATE OUR COLLEGE AND CAREER READINESS CONTENT INTO THEIR PROGRAM MODELS AND HELP THEM ACHIEVE IMPROVED OUTCOMES FOR THEIR YOUNG PEOPLE. THROUGH THESE ONE- TO TWO-YEAR CAPACITY-BUILDING ENGAGEMENTS, OPPNET WORKS WITH EACH PARTNER TO IDENTIFY THEIR UNIQUE NEEDS AND DESIRED STUDENT OUTCOMES, CO-DESIGNS A STRATEGY TO REACH THEIR GOALS, AND TRAINS PARTNER STAFF TO SUPPORT THEIR STUDENTS TO BUILD ESSENTIAL COMPETENCIES THAT DRIVE ACADEMIC, PERSONAL, AND PROFESSIONAL OUTCOMES. IN OUR 2022-23 FISCAL YEAR, OPPNET WORKED WITH 75 PARTNER INSTITUTIONS TO IMPACT OVER 251,501 STUDENTS ACROSS 26 CITIES AND 10 STATES.3) OUR OPPORTUNITY IGNITED PROGRAM, LAUNCHED IN 2020, PROVIDES ADVISORY SERVICES TO COMPANIES SEEKING TO EMBED VALUES OF DIVERSITY, EQUITY, AND INCLUSION IN THEIR BUSINESSES. IN OUR 2022-23 FISCAL YEAR, OPPNET WORKED WITH 15 COMPANIES, OFFERING INCLUSIVE CULTURE MAPPING, CUSTOMIZED WORKSHOPS, ADVISORY SERVICES, ACCESS TO LIVE AND ON-DEMAND DIVERSITY, EQUITY, AND INCLUSION TRAININGS, AND MUCH MORE. 8706113 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 179 0 1 74 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X LUCRIA ORTIZ 6462374090 85 BROAD STREET 6TH FLOOR NEW YORK NY 10004 RAQUEL VARGAS PALMER CHAIRMAN 4.00 X X 0 0 0 SEAN COHAN TREASURER 1.00 X X 0 0 0 JOY BOOKER SECRETARY 1.00 X X 0 0 0 BRUCE CAMPBELL DIRECTOR 1.00 X 0 0 0 JASON WRIGHT DIRECTOR 1.00 X 0 0 0 MICHAEL REES DIRECTOR 1.00 X 0 0 0 DAVID CHIANG DIRECTOR 1.00 X 0 0 0 DANIEL CRAIG DIRECTOR 1.00 X 0 0 0 JENNIFER DAVIS DIRECTOR 1.00 X 0 0 0 CHRIS GREEN DIRECTOR 1.00 X 0 0 0 LAURA MARQUEZ DIRECTOR 1.00 X 0 0 0 SETH MEISEL DIRECTOR 1.00 X 0 0 0 ELIZABETH NIETO DIRECTOR 1.00 X 0 0 0 NNEKA NORVILLE DIRECTOR 1.00 X 0 0 0 FERHA SAHGAL DIRECTOR 1.00 X 0 0 0 RACHEL WEISZ DIRECTOR 1.00 X 0 0 0 KIM WELCH DIRECTOR 1.00 X 0 0 0 PAUL SCHNELL DIRECTOR 1.00 X 0 0 0 BRIAN WEINSTEIN DIRECTOR 2.00 X 0 0 0 GIGI STONE WOODS DIRECTOR 1.00 X 0 0 0 AISHA THOMAS-PETIT DIRECTOR 1.00 X 0 0 0 SHAWN LYTLE DIRECTOR 1.00 X 0 0 0 ABRIELLE ROSENTHAL DIRECTOR 1.00 X 0 0 0 MOLLY STERN DIRECTOR 1.00 X 0 0 0 CARON VEAZEY DIRECTOR 1.00 X 0 0 0 DANIEL O'KEEFE DIRECTOR 1.00 X 0 0 0 NIK NUNES DIRECTOR (LEFT 12/22) 1.00 X 0 0 0 PRIYA DOGRA DIRECTOR (LEFT 8/23) 1.00 X 0 0 0 AILUN KU PRESIDENT & CEO 40.00 X 276850 0 177 JESSICA PLISKA FOUNDER 40.00 X 220701 0 37425 MIKELLE WILLIS MD OF PEOPLE&CUL. 40.00 X 204744 0 7418 RAIMUNDO REYES CHIEF PROGRAM OFFICER 40.00 X 179966 0 12123 SARAH DONNELLY CHIEF INNOVATION OFFICER 40.00 X 169722 0 27043 KIERSTYN THAYER CHIEF ADV OFFICER 40.00 X 144026 0 1523 LYUDMILA GINZBURG SR DIR OF FIN & ADMIN 40.00 X 144646 0 2531 JANINE CIBELLIS SR DIR OF LDSHP GIVING 40.00 X 140280 0 177 JONELLE CARRERA SR DIR OF DVT & INST GIVING 40.00 X 116383 0 12070 REBECCA DARUGAR DIRECTOR OF LEARNING & DEVELOPMENT 40.00 X 113561 0 12220 1710879 0 112707 14 0 1 0 STAR GROUP PRODUCTION 110 E42TH STREET NEW YORK NY 10017 AUDIO AND VIDEO 130527 1 3758249 6232464 9990713 PROGRAM INCOME 900099 824849 824849 824849 43142 43142 379781 3758249 379781 0 OTHER INCOME 900099 7501 7501 7501 10866205 824849 0 50643 400551 400551 1191935 635560 267158 289217 5388713 4356286 379577 652850 132495 100903 12981 18611 867807 680585 83029 104193 520194 396158 50966 73070 2958 2958 21184 21184 1170747 741741 208919 220087 225130 125326 78727 21077 423996 296797 46640 80559 118741 83372 14869 20500 48713 34099 5358 9256 34270 23989 3770 6511 EQUIPMENT & SOFTWARE SU 481302 390577 57401 33324 STUDENT ACTIVITIES 400858 400858 SPECIAL EVENT EXPENSES 310149 310149 STAFF DEVELOP. & RECRUI 168858 28538 137643 2677 126323 10773 108586 6964 12034924 8706113 1479766 1849045 698886 234569 2778267 2641250 3849553 3418050 442311 560661 632287 565606 73939 66681 1079158 2398406 8922114 9319617 257377 465318 24000 65250 0 1278030 281377 1808598 X 3319270 2658191 5321467 4852828 8640737 7511019 8922114 9319617 X -1168719 -2217 41218 X X 0 1 X 1 0 X 7994830 7127055 10980740 10033896 9990713 46127234 7994830 7127055 10980740 10033896 9990713 46127234 5017515 41109719 50696 28401 6732 7204 43142 136175 5000 25371 23575 7501 61447 46324856 2249255 0.88740 0.86460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 391527 391527 0 240760 174079 66681 66681 SECURITY DEPOSIT 28000 INVESTMENT IN ANNUITY CONTRACT 1092376 OPERATING LEASE RIGHT-OF-USE ASSET 1278030 2398406 OPERATING LEASE LIABILITY 1278030 1278030 X 11197436 -2217 292230 41218 331231 10866205 0 10866205 12327154 292230 292230 12034924 0 12034924 PART X, LINE 2: THE OPPORTUNITY NETWORK DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR THE PERIODS ENDING AUGUST 31, 2020 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CASH SURRENDER VALUE OF ANNUITY CONTRACT 41,218. NIGHT GALA 4138030 3758249 379781 379781 4138030 3758249 379781 379781 379781 0 1 TUITION AND OTHER ASSISTANCE 277 400551 PART I, LINE 2: AS PART OF ITS DREAM SCHOLARSHIP PROGRAM, OPPNET PROVIDES SUPPORT TO FELLOWS WHICH COVERS TUITION AND FEES, AS WELL AS THE COST OF BOOKS AND TRANSPORTATION ASSOCIATED WITH THEIR STUDIES. X X X 0 0 0 0 0 0 0 0 0 AILUN KU PRESIDENT & CEO 276850 0 0 0 0 0 0 0 177 0 277027 0 0 0 JESSICA PLISKA FOUNDER 220701 0 0 0 0 0 0 0 37425 0 258126 0 0 0 MIKELLE WILLIS MD OF PEOPLE&CUL. 204744 0 0 0 0 0 0 0 7418 0 212162 0 0 0 SARAH DONNELLY CHIEF INNOVATION OFFICER 169722 0 0 0 0 0 0 0 27043 0 196765 0 0 0 RAIMUNDO REYES CHIEF PROGRAM OFFICER 179966 0 0 0 0 0 0 0 12123 0 192089 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JESSICA'S BROTHER-IN-LAW DESIGNED AND PRINTING THE AE INVITATION AND OPPNET BROCHURES. FORM 990, PART VI, SECTION B, LINE 11B AFTER PREPARATION BUT BEFORE FILING, COPIES OF THE FORM 990 AND ALL RELATED SCHEDULES ARE PROVIDED FIRST TO THE AUDIT COMMITTEE FOR DETAILED REVIEW. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A BOARD APPROVED CONFLICTS OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR IDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE NORMALLY REVIEWS COMPARABLE SALARIES FROM RECOGNIZED STUDIES AND REVIEWS THE SALARIES AND PERFORMANCE OF THE CEO, HEAD OF LEADERSHIP GIVING AND CHIEF ADVANCEMENT OFFICER TO DETERMINE IF THE EXISTING SALARIES FALL WITHIN THESE RANGES. AFTER A DELIBERATION OF THIS MATTER, NEW PROPOSED SALARIES ARE VOTED ON. THE DECISION IS COMMUNICATED IN WRITTEN FORM TO THE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST, ELECTRONICALLY. FORM 990, PART XI, LINE 9: CHANGE IN CASH SURRENDER VALUE OF ANNUITY CONTRACT 41,218. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.