Civic Intelligence

Opportunity America Inc

EIN 46-4335303 • 501(c)4 • Washington, DC

990-N Coverage

Profile

Opportunity America is a Washington-based nonprofit promoting economic mobility work, skills, careers, ownership and entrepreneurship for poor and working Americans. The organizations principal activities are research, policy development, dissemination of policy ideas and working to build consensus around policy proposals.

737 8th Street SEWashington, DC 20003

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

9.31x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

97th percentile

1.58x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2019

Net Margin

6th percentile

-145%

Higher net margin than 6% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2019

Top Officer Pay

98th percentile

$24,873

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 54.2% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2019

Asset Growth

9th percentile

-79%

Faster asset growth than 9% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

31st percentile

-14%

Faster revenue growth than 31% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$7,778

Down $28,870 (-79%) from 2018

Liabilities

Up

$72,393

Up $37,926 (+110%) from 2018

Net Assets

Down

-$64,615

Down $66,796 (-3063%) from 2018

Revenue

Down

$45,916

Down $7,784 (-14%) from 2018

Expenses

Up

$112,712

Up $46,767 (+71%) from 2018

Net Income

Down

-$66,796

Down $54,551 (-445%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50K-$100KAssets 2016: $114,091Liabilities 2016: $81,849Net Assets 2016: $32,2422016Assets 2017: $28,434Liabilities 2017: $14,008Net Assets 2017: $14,4262017Assets 2018: $36,648Liabilities 2018: $34,467Net Assets 2018: $2,1812018Assets 2019: $7,778Liabilities 2019: $72,393Net Assets 2019: -$64,6152019

Highlighted filing

2019

Assets$7,778
Liabilities$72,393
Net Assets-$64,615

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2016: $100,930Expenses 2016: $68,688Net Income 2016: $32,2422016Revenue 2017: $36,427Expenses 2017: $54,243Net Income 2017: -$17,8162017Revenue 2018: $53,700Expenses 2018: $65,945Net Income 2018: -$12,2452018Revenue 2019: $45,916Expenses 2019: $112,712Net Income 2019: -$66,7962019

Highlighted filing

2019

Revenue$45,916
Expenses$112,712
Net Income-$66,796

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 12, 2020
Return Version
2019v5.1
Gross Receipts
$45,916
Mission and Program Overview

Mission

Opportunity America is a Washington-based nonprofit promoting economic mobility work, skills, careers, ownership and entrepreneurship for poor and working Americans. The organizations principal activities are research, policy development, dissemination of policy ideas and working to build consensus around policy proposals.

Opportunity America is a Washington-based nonprofit promoting economic mobility - work, skills, careers, ownership and entrepreneurship for poor and working Americans. The Organization's principal activities are research, policy development, dissemination of policy ideas and working to build consensus around policy proposals.

Program Services

DescriptionGrantsExpenses
See Schedule O: Other$0$91,102
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tamar JacobyPresidentPT$24,873-$24,873
Todd ThorpeDirector-$6,075-$6,075
Angelo AmadorDirector-$0--
Jenna HamiltonSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Opportunity America Inc
EIN
46-4335303
Phone
2025064541
Address
737 8th Street SE, Washington, DC 20003

Signing Officer

Name
Tamar Jacoby
Title
president
Phone
2025064541
Signed
2020-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Ascend Accounting & Business Solutions
Address
3 DULANY CT, STERLING, VA 20165
Preparer
Jamie Johnson CPA
Phone
5712364225
Supplemental Narrative

Additional Explanations

Other

In 2019, Opportunity America made its voice heard on a number of legislative issues relating to career education: pending reauthorization of the Higher Education Act, expanding Pell Grant funding to pay for short job-focused college programs, industry-driven apprenticeship and registered apprenticeship. In July, Opportunity America held two Capitol Hill briefings for congressional staffers highlighting the findings a study of short, job-focused education and training programs offered by community colleges in partnership with employers. Earlier in the year, the organization partnered with the American Enterprise Institute to hold a lunch briefing for congressional staffers highlighting the findings of a study of policy solutions for the working class. The nonprofit also manages the Opportunity America Jobs and Careers Coalition, a group of employers and employer associations working to improve policy on workforce issues. Its core goals: amplifying the employer voice on career education and promoting skills agenda on Capitol Hill. Its legislative agenda overlaps closely with that of Opportunity America.

Form 990EZ, Part I, Line 16

Advertising 29.

Form 990EZ, Part I, Line 16

Bank charges 250.

Form 990EZ, Part I, Line 16

Books, subscriptions, reference 873.

Form 990EZ, Part I, Line 16

Business license & registration 129.

Form 990EZ, Part I, Line 16

Insurance 546.

Form 990EZ, Part I, Line 16

Office expenses & supplies 1640.

Form 990EZ, Part I, Line 16

Telephone, telecommunications 2169.

Form 990EZ, Part I, Line 16

Travel 18931.

Form 990EZ, Part II, Line 24

Accounts receivable 18146. 0.

Form 990EZ, Part II, Line 24

Prepaid expenses & deferred charges 3293. 0.

Form 990EZ, Part II, Line 26

Accounts payable & accrued expenses 26632. 60423.

Form 990EZ, Part II, Line 26

Other liabilities 5000. 5000.

Form 990EZ, Part II, Line 26

Payroll liabilities 2835. 6970.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising 29.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Books, subscriptions, reference 873.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Business license & registration 129.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 546.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office expenses & supplies 1640.
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