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The Opportunity Institute

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473888926 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Opportunity Institute?

The Opportunity Institute is a nonprofit organization situated in Berkeley, California, with a team of nine dedicated individuals. Their primary objective is to promote social mobility and equity, particularly in the educational sector. They believe that education is crucial in creating opportunities and that related social policies are essential for making true opportunities a reality. The institute primarily focuses on improving student outcomes, engaging students, teachers, schools, families, and communities through strong policies and practices. While their primary activity is associated with the Partners for Each and Every Child project, they also work on cross-sector strategies and alignment across workforce, higher education, health, and justice.


Official website here: www.theopportunityinstitute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

The Opportunity Institute has received an impressive 97% score from Charity Navigator, indicating strong performance in accountability and finance. This high rating reflects the charity's commitment to transparency and responsible financial management, with a perfect score on several accountability metrics, including having an entirely independent board and no material diversion of assets.

The organization demonstrates a solid dedication to governance, as evidenced by its well-established conflict of interest and whistleblower policies. Additionally, it maintains a favorable liabilities to assets ratio and allocates a significant portion of its expenses towards programs, which suggests effective use of resources to fulfill its mission.

While the overall score is commendable, the evaluation is based solely on financial accountability metrics. Therefore, potential donors may want to consider the impact of The Opportunity Institute's programs in conjunction with its financial health when making a contribution decision.


This AI summary has been generated from information found on Charity Navigator.

Is The Opportunity Institute legitimate?

The Opportunity Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Opportunity Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $304,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $723,706

For more financial information, click here


Official website here: www.theopportunityinstitute.org

What is the mission statement of The Opportunity Institute?

The Opportunity Institute, a non-profit organization, works towards promoting social mobility and equity by enhancing outcomes for individuals from early childhood to early career. Their focus is primarily on education, recognizing its crucial role in creating opportunities. They aim to improve these opportunities and the related social policies that enable true equality. The organization's activities primarily revolve around education, understanding that it serves as a vital foundation for equal opportunities. The P-12 Equity and Excellence Program Area offers support to initiatives aimed at improving student outcomes through robust policies and practices involving students, teachers, schools, families, and communities. The Opportunity Institute also collaborates with various sectors, including workforce, higher education, health, and justice, to build aligned strategies.


Official website here: www.theopportunityinstitute.org

Who is the CEO of The Opportunity Institute?

Maria Echaveste is the Co-Founder/President Emeritus of The Opportunity Institute. The CEO's salary of The Opportunity Institute is $189,299 and their total compensation is $199,277.


Official website here: www.theopportunityinstitute.org

What is the revenue of The Opportunity Institute?

The Opportunity Institute's revenue in 2022 was $1,056,817.


Official website here: www.theopportunityinstitute.org

Who are the executives of The Opportunity Institute and what are their salaries?

The average compensation at The Opportunity Institute during 2022 was $114,286. There are 9 employees and 8 volunteers at The Opportunity Institute.


Here are 12 key members and their salaries (The Opportunity Institute's CEO's salary is $189,299 and their total compensation is $199,277):


Christopher Edley Jr (Co-Founder/President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Dandrea Tyson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Saenz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Reich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Shireman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arnold Sowell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark G Yudof (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Echaveste (President/Ceo)
  • Compensation: $189,299
  • Related: $0
  • Other: $9,978
Cynthia Palmerin (Director Of Operations)
  • Compensation: $115,571
  • Related: $0
  • Other: $13,741
Guy Johnson (Program Officer)
  • Compensation: $152,683
  • Related: $0
  • Other: $20,456
Winsome Waite (Program Officer)
  • Compensation: $109,126
  • Related: $0
  • Other: $36,626


Official website here: www.theopportunityinstitute.org

Where can I find the form 990 for The Opportunity Institute?

The Opportunity Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theopportunityinstitute.org

Learn more at the official website: www.theopportunityinstitute.org

Mission Statement of The Opportunity Institute

The Opportunity Institute, a non-profit organization, is committed to fostering social mobility and promoting equity. It achieves this by enhancing outcomes from early childhood to early career. The institute recognizes the pivotal role of education in opening up opportunities and works towards shaping related social policies that enable true opportunities to materialize. By focusing on education, The Opportunity Institute aims to create a more equitable society where every individual has an equal chance to succeed. The organization's mission is to improve outcomes in various sectors, including education, and establish policies that facilitate opportunities for students, teachers, schools, families, and communities.

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Impact




July, 2024

The Opportunity Institute's impact lies in promoting social mobility and equity by improving outcomes from early childhood through early career. Their focus on education as a key driver of opportunity, along with advocating for supportive social policies, creates a foundation for real and lasting change. Through their P-12 Equity and Excellence program area, they provide crucial support for efforts that enhance student outcomes through effective policies and practices for students, teachers, schools, families, and communities. By championing initiatives like the Partners for Each and Every Child project, The Opportunity Institute is fostering cross-sector collaboration and aligning strategies across various fields such as workforce development, higher education, health, and justice. Their work contributes significantly to creating a more equitable and opportunity-rich society.




This information is meant to be a general summary of The Opportunity Institute. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,056,817 (2022)
Expenses
$1,659,960 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,641
  • Program Service Revenue: $125,000
  • Gross Receipts: $1,056,817

Assets and Liabilities:

  • Total Assets: $1,407,884
  • Total Liabilities: $61,296
  • Net Assets: $1,346,588

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$125,000

Organization Details

Founding Year

2015

Principal Officer

Maria Echaveste

Main Address

1400 SHATTUCK AVE SUITE 12 136, BERKELEY, CA, 94709

NTEE Category

Code: P20 - Human services

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