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Nonprofit · EIN 26-3928645

OPPORTUNITY FOUNDATION INC

Tax-exempt · SARASOTA, FL 34236

Financials

$230K$611K2023$2.6M$791K2024
Revenue Expenses · by fiscal year end
Financials of OPPORTUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,609,792$791,369$1,818,423$6,573,497$204,430$6,369,067
December 31, 2023990-PF$229,886$610,548-$380,662$4,572,301$0$4,572,301
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,121,433
Dividends
$57,829
Interest
$33,292
Net gain from sales of assets
$366,589
Other income
$30,649

Expenses

Grants and similar amounts paid
$357,484
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$107,768
Disbursements for charitable purposes
$742,957
Excise tax on investment income
$6,115

Balance sheet and other

Total assets, start of year
$4,572,301
Total assets, end of year
$6,573,497
Total liabilities, end of year
$204,430
Net assets, end of year
$6,369,067
Fair market value of assets
$6,573,497
Qualifying distributions
$742,957
Net investment income
$457,673

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JACK SIMPSON
1255 N GULFSTREAM AVE APT 1202, SARASOTA, FL 342368906
CHAIRMAN2$0
VIRGINIA SUE SIMPSON
1255 N GULFSTREAM AVE APT 1202, SARASOTA, FL 342368906
BOARD MEMBER1$0
PETER ERBLAND
1255 N GULFSTREAM AVE APT 1202, SARASOTA, FL 342368906
BOARD MEMBER0.5$0
BRUCE NEUROHR
1255 N GULFSTREAM AVE APT 1202, SARASOTA, FL 342368906
BOARD MEMBER0.5$0
DR NAVEEN
1255 N GULFSTREAM AVE APT 1202, SARASOTA, FL 342368906
HEAD OF SCHOOL5$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JACK SIMPSON
1450 NORTHWEST BOULEVARD SUITE 101, COEUR DALENE, ID 83814
CHAIRMAN2$0
VIRGINIA SUE SIMPSON
1450 NORTHWEST BOULEVARD SUITE 101, COEUR DALENE, ID 83814
BOARD MEMBER1$0
PETER ERBLAND
1450 NORTHWEST BOULEVARD SUITE 101, COEUR DALENE, ID 83814
BOARD MEMBER0.5$0
BRUCE NEUROHR
1450 NORTHWEST BOULEVARD SUITE 101, COEUR DALENE, ID 83814
BOARD MEMBER0.5$0

Address and contacts

Address (IRS master file)
1255 NORTH GULFSTREAM AVENUE, SARASOTA, FL 34236-8948
In care of
% JACK W SIMPSON
Signed the 990-PF
JACK SIMPSON, CHAIRMAN
Phone
(208) 664-6448
Return prepared by
CLARK NUBER PS

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-3928645
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,573,497
Income (IRS master file)
$4,985,402

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,609,792$791,369$6,573,497XML
990-PFDecember 2023$229,886$610,548$4,572,301XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3928645).

Questions about OPPORTUNITY FOUNDATION INC

What is the EIN of OPPORTUNITY FOUNDATION INC?
The employer identification number (EIN) of OPPORTUNITY FOUNDATION INC is 26-3928645.
Is OPPORTUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to OPPORTUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does OPPORTUNITY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of OPPORTUNITY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OPPORTUNITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of OPPORTUNITY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does OPPORTUNITY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,609,792, expenses of $791,369 and total assets of $6,573,497 at year end.

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