Civic Intelligence

Opportunity Labs Foundation Inc.

990 • Fiscal year 2022 • EIN 84-3894479

Jan 01, 2022 to Dec 31, 2022 • Filed on May 11, 2023

630 Park AvenueBrielle, NJ 08730

(609) 532-0546

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

15th percentile

0.01x

Higher debt load relative to revenue than 15% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Source year 2022

Net Margin

73rd percentile

22%

Higher net margin than 73% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

85th percentile

$258,750

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 20.4% of source-year revenue.

2022 filings • NTEE S • $1M-$5M nonprofits • Source year 2022

Asset Growth

89th percentile

77%

Faster asset growth than 89% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

33%

Faster revenue growth than 73% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$552,242

Up $240,960 (+77%) from 2021

Net Assets

Up

$541,390

Up $282,250 (+109%) from 2021

Liabilities

Down

$10,852

Down $41,290 (-79%) from 2021

Revenue

Up

$1,268,753

Up $314,377 (+33%) from 2021

Expenses

Up

$986,503

Up $284,748 (+41%) from 2021

Net Income

Up

$282,250

Up $29,629 (+12%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2020: $28,140Liabilities 2020: $21,621Net Assets 2020: $6,5192020Assets 2021: $311,282Liabilities 2021: $52,142Net Assets 2021: $259,1402021Assets 2022: $552,242Liabilities 2022: $10,852Net Assets 2022: $541,3902022Assets 2023: $600,926Liabilities 2023: $13,123Net Assets 2023: $587,8032023Assets 2024: $806,462Liabilities 2024: $457Net Assets 2024: $806,0052024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2022

Assets$552,242
Liabilities$10,852
Net Assets$541,390

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2020: $654,999Expenses 2020: $648,480Net Income 2020: $6,5192020Revenue 2021: $954,376Expenses 2021: $701,755Net Income 2021: $252,6212021Revenue 2022: $1,268,753Expenses 2022: $986,503Net Income 2022: $282,2502022Revenue 2023: $1,341,599Expenses 2023: $1,295,186Net Income 2023: $46,4132023Revenue 2024: $1,639,570Expenses 2024: $1,447,317Net Income 2024: $192,2532024Revenue 2025: $185,774Expenses 2025: $991,778Net Income 2025: -$806,0042025

Highlighted filing

2022

Revenue$1,268,753
Expenses$986,503
Net Income$282,250
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$1,268,753
Mission and Program Overview

Mission

To build and champion lasting solutions that create a meaningful opportunities for children.

To build and champion lasting solutions that create meaningful opportunities for children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$135,727$464,358▲ $328,631
Accounts Receivable$130,416$55,000▼ $75,416
Prepaid Expenses and Deferred Charges$43,772$25,484▼ $18,288
Land, Buildings, and Equipment, Net$1,367$7,400▲ $6,033
Total Assets$311,282$552,242▲ $240,960
Liabilities
Accounts Payable and Accrued Expenses$52,142$10,852▼ $41,290
Total Liabilities$52,142$10,852▼ $41,290
Net Assets / Fund Balance
Net Assets With Donor Restrictions$131,697$441,196▲ $309,499
Net Assets Without Donor Restrictions$127,443$100,194▼ $27,249
Total Net Assets Fund Balance$259,140$541,390▲ $282,250
Total Liabilities and Net Assets / Fund Balance$311,282$552,242▲ $240,960

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,944$3,056$10,000
Equipment$456$2,278$2,734
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrew BuherFounder and Managing DirecFT$258,750$258,750
Mario RamirezManaging DirectorFT$239,583$239,583
Juliette HeinzeEmployeeFT$158,125$158,125

Board Members and Trustees

NameTitle
Anne EidelmanBoard Member
Caroline BurnsBoard Member
Che BoldenBoard Member
Meghan WallsBoard Member
Venkat RamaprasadSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$595,000
Program Service Revenue
$673,753
Investment Income
$0
Other Revenue
$0
All Other Contributions
$595,000
Change in Net Assets
$282,250

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,268,753
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,268,753
Total Revenue per Form 990
$1,268,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$806,204
Other Expenses$180,299
Total Fundraising Expense$81,028
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$398,667$49,833$49,833$498,333
Other Salaries and Wages$207,500$25,938$25,938$259,376
Fees for Services Other$139,295$575-$139,870
Payroll Taxes$38,796$4,849$4,850$48,495
Fees for Services Accounting-$21,232-$21,232
Travel$6,850--$6,850
Insurance$3,252$407$407$4,066
Depreciation Depletion-$3,967-$3,967
Information Technology-$2,704-$2,704
Fees for Services Legal-$1,164-$1,164
Other Expenses-$225-$225
Advertising-$221-$221
Total Functional Expenses$794,360$111,115$81,028$986,503

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$986,503
Total Expenses per Audited Statements$986,503
Total Expenses per Form 990$986,503
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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 A, line 2

The Founder and Managing Director's wife is on the board of directors.

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

The 990 will be reviewed first by the Founder and Managing Director, then circulated to the Board members prior to filing with the IRS.

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

The conflict of interest policy is reviewed annually at the Board meeting. The forms are completed by each member then reviewed by the Managing Director.

Form 990, Part VI, Section B, line 15

Salaries are reviewed and compared with data from the Employers Council and adjusted (if necessary) by a Compensation Committee.

Form 990, Part VI, Section C, line 19

The Organization will provide a copy of the 990 to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Opportunity Labs Foundation
EIN
84-3894479
Phone
6095320546
Address
630 Park Avenue, Brielle, NJ 08730

Signing Officer

Name
Andrew Buher
Title
Founder and Managing Director
Phone
6095320546
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Buher
Formed
2019
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
0

Preparer

Firm
BiggsKofford PC
Address
630 Southpointe Court Suite 200, Colorado Springs, CO 80906
Preparer
Tyler Atkins
Phone
7195799090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Advisory Services: Program service expenses 139,295. Management and general expenses 575. Fundraising expenses 0. Total expenses 139,870.

Financial Statement Notes

Part X, Line 2:

The Organization evaluates the effect of uncertain tax positions, if any, and provides for those positions in accordance with the provisions of FASB ASC 450, Contingencies. No tax accrual for uncertain tax positions has been recorded as management believes there are no uncertain tax positions for the Organization.

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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01268753
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0986503
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0258750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1239583
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2158125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Andrew Buher
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Mario Ramirez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Juliette Heinze
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Founder and Managing Direc
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Managing Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Employee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0258750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1239583
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2158125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Founder and Managing Director's wife is on the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 will be reviewed first by the Founder and Managing Director, then circulated to the Board members prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The conflict of interest policy is reviewed annually at the Board meeting. The forms are completed by each member then reviewed by the Managing Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Salaries are reviewed and compared with data from the Employers Council and adjusted (if necessary) by a Compensation Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization will provide a copy of the 990 to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advisory Services: Program service expenses 139,295. Management and general expenses 575. Fundraising expenses 0. Total expenses 139,870.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0311282
IRS990/TotalAssetsEOYAmt0552242
IRS990/TotalAssetsGrp/BOYAmt0311282
IRS990/TotalAssetsGrp/EOYAmt0552242
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0595000
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt081028
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0111115
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0794360
IRS990/TotalFunctionalExpensesGrp/TotalAmt0986503
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt052142
IRS990/TotalLiabilitiesEOYAmt010852
IRS990/TotalLiabilitiesGrp/BOYAmt052142
IRS990/TotalLiabilitiesGrp/EOYAmt010852
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0259140
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0541390
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0794360
IRS990/TotalProgramServiceRevenueAmt0673753
IRS990/TotalReportableCompFromOrgAmt0656458
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0673753
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01268753
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0311282
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0552242
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt06850
IRS990/TravelGrp/TotalAmt06850

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