Opportunity Dc EIN 85-3248597

Opportunity Dc

EIN  85-3248597 Membership association Washington, DC
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Advocates for policy changes to lower living costs and improve local governance and economy.
Leadership
Malcom Fox · Executive Director · $140K
Money in and out
$447K revenue, $413K expenses
Bottom line
+8% operating surplus

Advocates for policy changes to lower living costs and improve local governance and economy. For fiscal year 2024 it reported $447K in revenue, $413K in expenses, and $140K in net assets.Pt I

Membership & operating revenue · FY2024
Total revenue
$447K
Pt VIII · Ln 12
Total expenses
$413K
Pt IX · Ln 25
Net assets
$140K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $34K
Where spending went · Part IX cols B–D
Program services $0.49 Management & general $0.51
Operating surplus
+8%
revenue over expenses▼ -69% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
35%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$447K
FY2024▼ -4%
Expenses
$413K
FY2024▲ +17%
Total assets
$168K
FY2024▲ +1%
Total liabilities
$28K
FY2024▼ -53%
Total revenue
$447K
Pt VIII · Ln 12
Total expenses
$413K
Pt IX · Ln 25
Net assets
$140K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$34K
Total assetsPt X · Ln 16$168K
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $204K of program spending, described in the organization's own filed words · FY2024.
01

1) advance priorities identified by local stakeholders, partners, and elected leaders; 2) advocate for effective policies; and 3) support champions who can lead our city forward.

$204Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpportunity Dc
EINHdr · item D85-3248597
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jopportunity-dc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFDec 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$140,004Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (from Dec 2024)
$0Pt VII · Sec A
$0Pt VII · Sec A

Malcom Fox’s $140K as Executive Director is at the 96th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants100%$447K
Total revenueLn 12$447K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.51
Program services49%$204K
Management & general51%$209K
Total functional expensesLn 25$413K

Balance Sheet

Part X · end of year
CashLn 1$164K
Total assetsLn 16$168K
Total liabilitiesLn 26$28K
Total net assetsLn 32$140K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $164K · Operating expenses/yr $413K
4.8 months
Where the money goes
Program services
Program services $204K · Total expenses $413K
49%
Management & General
Management & general $209K · Total expenses $413K
51%
Fundraising
Fundraising $0 · Total expenses $413K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $457K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $447K · Total revenue $447K
100%
Government reliance
Government grants — · Total revenue $447K
Earned-income share
Program service revenue $0 · Total revenue $447K
0%
Investment reliance
Investment income $0 · Total revenue $447K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $413K
0%
Growth & trend
Revenue growth (YoY)
This year $447K · Prior year $467K
-4%
Net-asset trend (YoY)
End of year $140K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $447K · Expenses $413K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $168K
Net-asset ratio
Net assets $140K · Total assets $168K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $168K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Malcom Fox · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $140K · Total expenses $413K
34%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $146K · Total expenses $413K
35%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 49%
Overhead ratio 51%
Fundraising cost ratio 0%
Revenue growth -4%
Legal fee ratio 3%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$10K
Grants paid · 2 grants · $126K · 2023–2024
Opportunity Dc IecFY2024$50,000
Opportunity Dc IecFY2023$76,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$447K revenue · viewing · ⤓ 990 PDF
FY2023$467K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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