Civic Intelligence

Opportunity Plus

EIN 46-5582871 • 501(c)3 • Dallas, TX

Profile

SEE ATTACHED

5600 West Lovers Lane Ste 116-263Dallas, TX 75209

opportunityplus.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

9th percentile

-107%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

23rd percentile

-33%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-60%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$35,770

Down $11,636 (-25%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$35,770

Down $11,636 (-25%) from 2017

Revenue

Down

$16,536

Down $233,883 (-93%) from 2017

Expenses

Down

$34,280

Down $544,216 (-94%) from 2017

Net Income

Up

-$17,744

Up $310,333 (+95%) from 2017

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $375,483Liabilities 2016: $0Net Assets 2016: $375,4832016Assets 2017: $47,406Liabilities 2017: $0Net Assets 2017: $47,4062017Assets 2018: $35,770Liabilities 2018: $0Net Assets 2018: $35,7702018

Highlighted filing

2018

Assets$35,770
Liabilities$0
Net Assets$35,770

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $1,014,876Expenses 2016: $639,393Net Income 2016: $375,4832016Revenue 2017: $250,419Expenses 2017: $578,496Net Income 2017: -$328,0772017Revenue 2018: $16,536Expenses 2018: $34,280Net Income 2018: -$17,7442018

Highlighted filing

2018

Revenue$16,536
Expenses$34,280
Net Income-$17,744

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$36,207
Mission and Program Overview

Mission

SEE ATTACHED

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$53,514$35,770▼ $17,744
Total Assets$53,514$35,770▼ $17,744
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$53,514$35,770▼ $17,744
Total Net Assets Fund Balance$53,514$35,770▼ $17,744
Total Liabilities and Net Assets / Fund Balance$53,514$35,770▼ $17,744
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ami DoshiBoard Member
Binaka SankaranBoard Member
Devashish SaxenaBoard Member
Jainik ShahBoard Member
Maya JhangianiBoard Member
Renu SaxenaBoard Member
Shanthi RajaramBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$36,207
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-19,671
Change in Net Assets
$-17,744
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$25,000
Other Expenses$9,280
Total Fundraising Expense$310
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$25,000--$25,000
Information Technology-$3,283-$3,283
Fees for Services Other-$2,124$310$2,434
Fees for Services Accounting-$1,846-$1,846
Advertising-$1,374-$1,374
Office Expenses-$343-$343
Total Functional Expenses$25,000$8,970$310$34,280
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Just CommunityAustin, TX501(c)(3)Provide Capital Need$25,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,671
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$36,207-$5,671-
Total Events$36,207-$19,671$-19,671
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

An electronic copy of the irs form 990 is provided to the chairman of the board prior to filing to ensure the accuracy and completeness of the information presented to the public regarding mission, program, activities, financials and governance. After the initial review by the chairman, an electronic copy of the form 990 is shared to the rest of the board members for review, modifications and vote. All final changes are incorporated into the form 990 and filed with the irs. Documentation of the review is recorded in meeting minutes.

Form 990, Part VI, Section B, Line 12C

Officers, directors or trustees, and key employees are required to announce any conflict at annual board meetings and all issues are included in meeting minutes. The conflict of interest policy is reviewed and signed by board members annually.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Opportunity Plus
EIN
46-5582871
Phone
8006949746
Address
5600 WEST LOVERS LANE STE 116-263, DALLAS, TX 75209

Signing Officer

Name
Ami Doshi
Title
Founder/CEO
Phone
8006949746
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ami Doshi
Formed
2014
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Whitley Penn Llp
Address
8343 DOUGLAS AVENUE STE400, DALLAS, TX 75225
Preparer
Irfan Dossani
Phone
2143939300
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To support progress through opportunity, not charity. We support innovative and scalable financial inclusion and affordable microloan programs in india and here in dallas.

Form 990, Part III, Line 1

Our mission, inspired by the following 2015 un sustainable development goals, is to support progress through opportunity, not charity. We support innovative and scalable financial inclusion and affordable microloan programs in india and here in dallas to create opportunities for low-income communities, minority women, to live self-sufficient, healthier, and more engaged lives. Through strategic partnerships, our mission is to reduce vulnerability to financial disruption through self-employment and increase community engagement through leadership and business training. In 2018, opportunity plus added another texas based organization into their list of grantees. Their mission is to invest in low income female entrepreneurs in america to create more resilient and to change the narrative around how low income communities can become their own change agents. Their loans are based exclusively on trust, not a credit score. Just has developed a process innovation on global microfinance designed for entrepreneurs in the us. Their model is entrepreneur led, and at the center of the just model is the jeta just entrepreneur trust agent. These women are role models, facilitators, and community makers who invite other entrepreneurs into the just program. A 100% mobile solution, just leverages technology to automate business processes, increase transparency for all stakeholders, and deliver a delightful experience for their clients. They make small loans to entrepreneurs to start or grow their businesses, starting at $750 all based on trust and create simple frameworks to foster peer-to-peer learning with a focus on goal setting and financial literacy. The loans are invested in their businesses, the entrepreneurs set smart goals and their education programs are designed to create life-long learners. The group financial coaching increases their money awareness while savings goals are set individually with group support. Moreover, weekly loan repayments build credit discipline. Their small weekly group meetings create accountability while their large just gatherings offer inspiration. The just benefit network provides incentives for positive actions. Opportunity plus has made a commitment to provide $75,000 total over 3 years to build up their base here in dallas. We're proud to be supporting this program in dallas, along with our fellow founding founders. Founders: united way dallas embrey family foundation sapphire foundation opportunityplus hirsch family foundation harold simmons foundation the craig and kathryn hall foundation jpmorgan chase foundation former members of chiapas international

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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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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE PROGRAM WILL MEASURE SUCCESS THROUGH THE IMPACT OF OUR CLIENTS AND WILL TRACK FINANCIAL PROGRESS AT BOTH THE PERSONAL AND BUSINESS LEVELS. METRICS TRACKED WILL INCLUDE JOB RETENTION AND CREATION, EDUCATIONAL ATTAINMENT, FINANCIAL GROWTH OF OUR CLIENTS, CREDIT IMPROVEMENT, AND THE IMPACT OF OUR CLIENTS AND THE SERVICES THEY PROVIDE. WE WILL MAINTAIN REGULAR COMMUNICATION WITH THE COHORT TO DETERMINE FINANCIAL LITERACY AND SMALL BUSINESS EXPANSION AS A DIRECT RESULT OF OUR PROGRAMS AND SERVICES. POST-CURRICULUM ASSESSMENTS AND SURVEYS WILL INFORM OUR TEAM OF PARTICIPANT RETENTION OF INFORMATION AND SENTIMENTS REGARDING OUR COURSE OFFERINGS. THE PROGRAM WILL ACCURATELY TRACK JOB CREATION AND JOB SUSTAINMENT DATA AND PROVIDE CUSTOM REPORTS OF OUR IMPACT. WE WILL ALSO TRACK AND DOCUMENT EACH COHORT PARTICIPANTS STORIES, CHALLENGES AND SUCCESSES.INCLUDING SELF-EVALUATIONS OF INFORMATION LEARNED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO SUPPORT PROGRESS THROUGH OPPORTUNITY, NOT CHARITY. WE SUPPORT INNOVATIVE AND SCALABLE FINANCIAL INCLUSION AND AFFORDABLE MICROLOAN PROGRAMS IN INDIA AND HERE IN DALLAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUR MISSION, INSPIRED BY THE FOLLOWING 2015 UN SUSTAINABLE DEVELOPMENT GOALS, IS TO SUPPORT PROGRESS THROUGH OPPORTUNITY, NOT CHARITY. WE SUPPORT INNOVATIVE AND SCALABLE FINANCIAL INCLUSION AND AFFORDABLE MICROLOAN PROGRAMS IN INDIA AND HERE IN DALLAS TO CREATE OPPORTUNITIES FOR LOW-INCOME COMMUNITIES, MINORITY WOMEN, TO LIVE SELF-SUFFICIENT, HEALTHIER, AND MORE ENGAGED LIVES. THROUGH STRATEGIC PARTNERSHIPS, OUR MISSION IS TO REDUCE VULNERABILITY TO FINANCIAL DISRUPTION THROUGH SELF-EMPLOYMENT AND INCREASE COMMUNITY ENGAGEMENT THROUGH LEADERSHIP AND BUSINESS TRAINING. IN 2018, OPPORTUNITY PLUS ADDED ANOTHER TEXAS BASED ORGANIZATION INTO THEIR LIST OF GRANTEES. THEIR MISSION IS TO INVEST IN LOW INCOME FEMALE ENTREPRENEURS IN AMERICA TO CREATE MORE RESILIENT AND TO CHANGE THE NARRATIVE AROUND HOW LOW INCOME COMMUNITIES CAN BECOME THEIR OWN CHANGE AGENTS. THEIR LOANS ARE BASED EXCLUSIVELY ON TRUST, NOT A CREDIT SCORE. JUST HAS DEVELOPED A PROCESS INNOVATION ON GLOBAL MICROFINANCE DESIGNED FOR ENTREPRENEURS IN THE US. THEIR MODEL IS ENTREPRENEUR LED, AND AT THE CENTER OF THE JUST MODEL IS THE JETA JUST ENTREPRENEUR TRUST AGENT. THESE WOMEN ARE ROLE MODELS, FACILITATORS, AND COMMUNITY MAKERS WHO INVITE OTHER ENTREPRENEURS INTO THE JUST PROGRAM. A 100% MOBILE SOLUTION, JUST LEVERAGES TECHNOLOGY TO AUTOMATE BUSINESS PROCESSES, INCREASE TRANSPARENCY FOR ALL STAKEHOLDERS, AND DELIVER A DELIGHTFUL EXPERIENCE FOR THEIR CLIENTS. THEY MAKE SMALL LOANS TO ENTREPRENEURS TO START OR GROW THEIR BUSINESSES, STARTING AT $750 ALL BASED ON TRUST AND CREATE SIMPLE FRAMEWORKS TO FOSTER PEER-TO-PEER LEARNING WITH A FOCUS ON GOAL SETTING AND FINANCIAL LITERACY. THE LOANS ARE INVESTED IN THEIR BUSINESSES, THE ENTREPRENEURS SET SMART GOALS AND THEIR EDUCATION PROGRAMS ARE DESIGNED TO CREATE LIFE-LONG LEARNERS. THE GROUP FINANCIAL COACHING INCREASES THEIR MONEY AWARENESS WHILE SAVINGS GOALS ARE SET INDIVIDUALLY WITH GROUP SUPPORT. MOREOVER, WEEKLY LOAN REPAYMENTS BUILD CREDIT DISCIPLINE. THEIR SMALL WEEKLY GROUP MEETINGS CREATE ACCOUNTABILITY WHILE THEIR LARGE JUST GATHERINGS OFFER INSPIRATION. THE JUST BENEFIT NETWORK PROVIDES INCENTIVES FOR POSITIVE ACTIONS. OPPORTUNITY PLUS HAS MADE A COMMITMENT TO PROVIDE $75,000 TOTAL OVER 3 YEARS TO BUILD UP THEIR BASE HERE IN DALLAS. WE'RE PROUD TO BE SUPPORTING THIS PROGRAM IN DALLAS, ALONG WITH OUR FELLOW FOUNDING FOUNDERS. FOUNDERS: UNITED WAY DALLAS EMBREY FAMILY FOUNDATION SAPPHIRE FOUNDATION OPPORTUNITYPLUS HIRSCH FAMILY FOUNDATION HAROLD SIMMONS FOUNDATION THE CRAIG AND KATHRYN HALL FOUNDATION JPMORGAN CHASE FOUNDATION FORMER MEMBERS OF CHIAPAS INTERNATIONAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN ELECTRONIC COPY OF THE IRS FORM 990 IS PROVIDED TO THE CHAIRMAN OF THE BOARD PRIOR TO FILING TO ENSURE THE ACCURACY AND COMPLETENESS OF THE INFORMATION PRESENTED TO THE PUBLIC REGARDING MISSION, PROGRAM, ACTIVITIES, FINANCIALS AND GOVERNANCE. AFTER THE INITIAL REVIEW BY THE CHAIRMAN, AN ELECTRONIC COPY OF THE FORM 990 IS SHARED TO THE REST OF THE BOARD MEMBERS FOR REVIEW, MODIFICATIONS AND VOTE. ALL FINAL CHANGES ARE INCORPORATED INTO THE FORM 990 AND FILED WITH THE IRS. DOCUMENTATION OF THE REVIEW IS RECORDED IN MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO ANNOUNCE ANY CONFLICT AT ANNUAL BOARD MEETINGS AND ALL ISSUES ARE INCLUDED IN MEETING MINUTES. THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED BY BOARD MEMBERS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-19671
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt016536
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt053514
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035770
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05600 WEST LOVERS LANE STE 116-263
IRS990/USAddress/CityNm0DALLAS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075209
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IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0OPPORTUNITYPLUS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AMI DOSHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08006949746
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPPORTUNITY PLUS
ReturnHeader/Filer/BusinessNameControlTxt0OPPO
ReturnHeader/Filer/EIN0465582871
ReturnHeader/Filer/PhoneNum08006949746
ReturnHeader/Filer/USAddress/AddressLine1Txt05600 WEST LOVERS LANE STE 116-263
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075209
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId026D1DF0FAA99A2A65B537633B59475D31A0119AD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01648ACE304122D8651A01A059FD24F18AA8662F4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.51.12.244
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:28:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752393478
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITLEY PENN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08343 DOUGLAS AVENUE STE400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075225
ReturnHeader/PreparerPersonGrp/PhoneNum02143939300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0IRFAN DOSSANI
ReturnHeader/ReturnTs02019-11-15T14:43:16-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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