Opportunity Matters Network INC FY2022 filing

Beverly, MAUnknown exempt organization EIN 86-1750249Revenue $1.1M in FY2022

On file with the IRS138 Conant St 2nd Floor · Beverly, MA

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Opportunity Matters network's most significant activities include doing issue advocacy awareness campaigns for solutions found in the Opportunity agenda through digital ads + op-eds.

60¢ of each $1 spent went to programs.
$369K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $92K a year · 7% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$369K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $150K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+6% vs prior year
Spent
$1.3M
To programs
60%
Net assets
$207K
By yearFY2021–FY2024
Revenue
$1.1M
FY2022▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.0M
FY2022$1.1M
FY2023$1.7M
FY2024$0
Expenses
$1.3M
FY2022▲ +114%
Tap a bar for its year
Expenses by fiscal year
FY2021$616K
FY2022$1.3M
FY2023$1.6M
FY2024Not on file
Net assets
$207K
FY2022▼ -51%
Tap a bar for its year
Net assets by fiscal year
FY2021$426K
FY2022$207K
FY2023$275K
FY2024$5K

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $794K Management & general 37% · $488K Fundraising 3% · $37K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990; $369K paid to officers and key staff.

Part VII, Section A · reportable compensation
VP and Secretary
$369,320Pt VII · Sec A
Director
$0Pt VII · Sec A
President and Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Anton Castaneda—$65,000$369,320$314,760
Anton Castoneda$40,000———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Opportunity Matters Network INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for solutions to social issues through digital ads and opinion pieces.

Questions for Opportunity Matters Network INC

Tap to ask. Opportunity Matters Network INC sees how many people are interested.

Your first name shows with your question. Opportunity Matters Network INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $723K · in their own filed words · FY2022
01

Issue Advocacy + Communications Program

This was our major program expenditure for the year and included all aspects of messaging the solutions and policy proposals within the opportunity agenda, specifically promoting issue-based advocacy around opportunity zones, highlighting financial literacy, and opportunities in education.

$286Kprogram expense
02

Get Out the Vote Program

In 2022, opportunity matters network was active in promoting a get out the vote program through display ads and texts to voters in georgia and nevada.

$250Kprogram expense
03

Policy Research Program

This encompassed all research for drafting new policy ideas to consider as "opportunity policies and gauging different target audiences' potential response. It included drafting the research papers as well as polling and other market research strategies.

$188Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 2 funders$150K
Grants paid · 5 grants · $855K · 2022–2023
Great Opportunity Policy INCVA · FY2023$675,000
Faith WinsSC · FY2023$100,000
American Jobs and SecurityVA · FY2023$30,000
Mavericks INCDC · FY2023$25,000
Advancing Hope USA INCNC · FY2022$25,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.1M
Money outPt IX
$1.3M
Ln 25
Programscol B$794K
Managementcol C$488K
Fundraisingcol D$37K
Owns and owesPt X
$207K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$207K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$207K
Cash and savings togetherLn 1–2$207K
Total assetsLn 16$207K
LiabilitiesLn 26$0
Net assetsLn 32$207K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$426K$207K
Total assetsLn 16$426K$207K
LiabilitiesLn 26$0$0
Net assetsLn 32$426K$207K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$25K$25K
Pay of current officers, directors and key staffLn 5$369K$184K$157K$29K
Legal feesLn 11b$11K$11K
Professional fundraising feesLn 11e$8K$8K
Other fees for servicesLn 11g$42K$25K$17K
TravelLn 17$14K$14K
Other expenses (24a–d)Ln 24$850K$560K$290K
All other expensesLn 24e$469$467$2
Total functional expensesLn 25$1.3M$794K$488K$37K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0$5K 990 PDF
FY2023 $1.7M$1.6M$68K$275K 990 PDF
FY2022 Viewing $1.1M$1.3M−$219K$207K 990 PDF
FY2021 $1.0M$616K$426K$426K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,100,339 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,041,747$1,100,339
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,041,747$1,100,339
I-13 Grants and similar amounts paidPrior year $0$25,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $314,760$369,320
I-16a Professional fundraising feesPrior year $0$8,500
I-17 Other expensesPrior year $300,909$916,939
I-18 Total expensesPrior year $615,669$1,319,759
I-19 Revenue less expensesPrior year $426,078−$219,420
Part VI · Governance 2 of 2 board members independent, 1 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,100,339 across 3 lines filed
VIII-1f All other contributions, gifts and grants$1,100,339
VIII-1h Total contributions, gifts and grants$1,100,339
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$1,100,339
Part IX · Statement of functional expenses $1,319,759 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $25,000$25,000
IX-5 Pay of current officers, directors and key staffPrograms $183,955 · Management $156,565 · Fundraising $28,800$369,320
IX-11b Legal feesManagement $11,272$11,272
IX-11e Professional fundraising feesFundraising $8,500$8,500
IX-11g Other fees for servicesPrograms $25,420 · Management $16,543$41,963
IX-17 TravelManagement $13,563$13,563
IX-24 Other expenses (24a–d)Programs $559,672 · Management $290,000$849,672
IX-24e All other expensesManagement $467 · Fundraising $2$469
IX-25 Total functional expensesPrograms $794,047 · Management $488,410 · Fundraising $37,302$1,319,759
Part X · Balance sheet $206,658 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $426,078$206,658
X-16 Total assetsStart of year $426,078$206,658
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $426,078$206,658
X-33 Total liabilities and net assetsStart of year $426,078$206,658
Part XI · Reconciliation of net assets $206,658 net assets at year end
XI-1 Total revenue$1,100,339
XI-2 Total expenses$1,319,759
XI-3 Revenue less expenses−$219,420
XI-4 Net assets at start of year$426,078
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$206,658

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.