Accion Opportunity Fund Inc.

“Catherine quense, outsourced chief financial consultant, was paid $24,250 as an independent contractor for her services.”

“The members of the corporation are those individuals serving from time to time as members of the board of drectors of the corporation.”

“The number of directors on the board of directors (the "directors, and each a "director") shall be fixed exclusively by the board of directors pursuant to a resolution adopted by two-thirds of the board of directors then authorized. Each director shall be elected by the affirmative vote of a majority of the votes cast at a member meeting at which a quorum is present.”

“The audit committee of opportunity fund, a related california nonprofit organization, shall have the responsibility for reviewing the organization's form 990 (including all pertinent schedules) before it is filed with the internal revenue service. Once the audit committee has approved the draft form 990, it shall be sent to all members of the board of directors for their review, prior to filing with the irs. Once the review period has been duly expired, the form 990 is filed with the irs.”

“The conflict of interest policy was approved by the board of directors on december 11, 2011 and amended in 2012. The board adopted two supplementary policies por its conflict of interest policy at its august 9, 2012 board meeting, which are as follows. Conflict of interest forms are signed annually. Approval of procedures for evaluating interested transactions: in furtherance of the conflict of interest policy of the company, the company proposes that when the board evaluates a potential interested transaction where a more advantageous transaction for the company is not reasonably possible that would not give rise to a conflict of interest, that the board determine by a majority vote of disinterested directors whether such transaction or arrangement is in the company's best interest, for its own benefit and whether such transaction is fair and reasonable. A list of all our vendors is provided with the coi forms in order to help the board members more easily determine possible conflicts of interest. Approval of annual review of company transactions: in furtherance of the conflict of interest policy of the company, the company proposes that annually, that the audit committee review the company's partnerships and contracts with its members, directors, officers and their affiliates to determine that such contracts and partnerships conform to the company's written policies, are properly recorded, reflect reasonable investments or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefits or in an excess benefit transaction for the company.”

“An independent firm was hired in august 2011 to set titles and salaries for all employees. The review contained comparability information including minimum, mid and maximum salary ranges plus benefits by size of company and revenues by geography as needed. A hr consultant updated the comparables for each position on an annual basis. The board of directors voted on the ceo's salary.”

“Aof makes its form 990 and 1023 available upon request”

“Technical consultants: program service expenses 468,299. Management and general expenses 353. Fundraising expenses 402,750. Total expenses 871,402. Other professional services: program service expenses 181,536. Management and general expenses 0. Fundraising expenses 0. Total expenses 181,536.”

“The process has not changed from the prior year.”