EIN 45-4127501

Accion Opportunity Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2011
Most recent tax filings
2023-06-01
Description
Accion the US Network assists in building world-class microfinance institutions in the United States to enhance economic development and promote financial inclusion. The mission of the network includes increasing access to credit and promoting individual self-sufficiency. Accion envisions a world where entrepreneurs have financial access and tools to improve their lives, communities, and local economies. The organization is located in New York, NY.
Also known as...
Accion the Us Network
Total revenues
$196,124
2023
Total expenses
$1,981,576
2023
Total assets
$5,704,404
2023
Num. employees
0
2023

Program areas at Accion Opportunity Fund

Accion envisions a world in which hard working entrepreneurs have the financial access and tools they need to improve their lives and enhance the well-being of their families, communities and local economies for years to come. Accion Opportunity Fund, Inc. was formed in 2011 to elevate and support the work of its members as well as other leading micro lenders on a national scale. Priority strategies for realizing this are as follows: propelling the flow of resources, support, tools and information to all member and non-member microfinanceorganizations - including fundraising, training and education, media. Partnership and programmatic opportunities- to encourage their development, increasing access to credit and otherwise promoting financial inclusion and financial health through training (see sch. O)and mentoring for members of low-to-moderate income communities.

Grants made by Accion Opportunity Fund

GranteeGrant descriptionAmount
Accion Opportunity Fund Community DevelopmentProgram Support$0

Who funds Accion Opportunity Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Pepsico FoundationGeneral Support$1,700,000
GS Daf (GSPF)Community & Human Services$1,050,000
Crankstart FoundationGeneral Operations$1,000,000
...and 14 more grants received

Personnel at Accion Opportunity Fund

NameTitleCompensation
Michael SchleinPresident and Chief Executive Officer$0
David CoultasChief Financial and Operating Officer
Esteban AltschulPresident , Accion Impact Management$0
Karthik VenkataramanChief Operating Officer
John FischerChief Investment Officer
...and 29 more key personnel

Financials for Accion Opportunity Fund

RevenuesFYE 06/2023
Total grants, contributions, etc.$11,028
Program services$10,000
Investment income and dividends$175,096
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$196,124

Form 990s for Accion Opportunity Fund

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-05-11990View PDF
2021-062022-05-13990View PDF
2020-062022-03-23990View PDF
2019-122021-08-18990View PDF
...and 9 more Form 990s
Data update history
September 24, 2024
Updated personnel
Identified 8 new personnel
August 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 16, 2024
Updated personnel
Identified 2 new personnel
July 16, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Hutton Family Foundation
May 18, 2024
Received grants
Identified 10 new grant, including a grant for $1,000,000 from Crankstart Foundation
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
National levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
111 W St John 800
San Jose, CA 95113
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Website URL
aofund.org/ 
Phone
(408) 297-0204
Facebook page
ACCION.International 
Twitter profile
@accion_global 
IRS details
EIN
45-4127501
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S03: Community Improvement and Capacity Building Professional Societies and Associations
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0213747
FTB Entity ID
3732175
AB 488 data last updated ("as-of") date
2024-12-31
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