EIN 43-1984494

The Opportunity Network (OppNet)

IRS 501(c) type
501(c)(3)
Num. employees
74
Year formed
2002
Most recent tax filings
2023-08-01
Description
The Opportunity Network equals the playing field for low-income high school students by creating access for them to college, career opportunities and professional networks.
Also known as...
The New York Opportunity Network
Total revenues
$10,866,205
2023
Total expenses
$12,034,924
2023
Total assets
$9,319,617
2023
Num. employees
74
2023

Program areas at OppNet

The Opportunity Network (oppnet) works to close The Opportunity gap for students from historically and systematically underrepresented communities. Oppnet's career fluency curriculum is The foundation of our work and consists of seven pillars designed to lead young people to holistic college and career success: 1) college access, transition, and success; 2) career awareness and exposure; 3) professional and workplace skills; 4) networks and social capital; 5) social emotional learning; 6) identity and critical consciousness; and 7) wellness and self-care.oppnet's strategy bridges college and career supports across three distinct programs:1) our founding oppnet fellows program works directly with New York city public school students from 10th grade through to their college graduation-engaging students in intensive programming, including individualized college counseling, career exposure, professional skill-building, individualized support through The college years, and five summers of paid internships or meaningful enrichment programming. On average, 94% of oppnet fellows graduate college within six years, and 89% secure career-interest aligned employment or graduate school admission within six months of college graduation. During our 2022-23 fiscal year, oppnet proudly served ~1,100 students through this program.2) oppnet's capacity-building career fluency partnerships program, launched in 2011, helps schools and youth-serving organizations integrate our college and career readiness content into their program models and help them achieve improved outcomes for their young people. Through these one- to two-year capacity-building engagements, oppnet works with each partner to identify their unique needs and desired student outcomes, co-designs a strategy to reach their goals, and trains partner staff to support their students to build essential competencies that drive academic, personal, and professional outcomes. In our 2022-23 fiscal year, oppnet worked with 75 partner institutions to impact over 251,501 students across 26 cities and 10 states.3) our Opportunity ignited program, launched in 2020, provides advisory services to companies seeking to embed values of diversity, equity, and inclusion in their businesses. In our 2022-23 fiscal year, oppnet worked with 15 companies, offering inclusive culture mapping, customized workshops, advisory services, access to live and on-demand diversity, equity, and inclusion trainings, and much more.

Who funds The Opportunity Network (OppNet)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Coach FoundationDream It Real Signature Program - Further 501(c)(3) Charitable Purpose$750,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$561,933
National Philanthropic TrustEducation$540,000
...and 50 more grants received totalling $3,994,457

Personnel at OppNet

NameTitleCompensation
Ailun KuPresident and Chief Executive Officer / President and Chief Operating Officer / Chief Operating Officer and Chief Product Officer / Chief Operating and Programs Officer / Chief Operating Officer and Cop$276,850
Lucria OrtizPresident and Chief Executive Officer
Danielle L. GreenChief Operating Officer
Sarah Joseph-DonnellyChief Innovation Officer
Lauren SampsonChief Development Officer
...and 28 more key personnel

Financials for OppNet

RevenuesFYE 08/2023
Total grants, contributions, etc.$9,990,713
Program services$824,849
Investment income and dividends$43,142
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$7,501
Total revenues$10,866,205

Form 990s for OppNet

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-15990View PDF
2022-082023-07-12990View PDF
2021-082022-06-07990View PDF
2020-082021-07-08990View PDF
2019-082020-12-22990View PDF
...and 9 more Form 990s

Organizations like OppNet

OrganizationLocationRevenue
Midtown Educational Foundation (MEF)Chicago, IL$3,858,741
Philadelphia Education FundPhiladelphia, PA$3,867,759
Virtual Enterprises International (VEI)New York, NY$3,242,610
Wallin Education PartnersSaint Paul, MN$14,253,937
New Jersey SEEDSNewark, NJ$3,111,932
Breakthrough MiamiMiami, FL$4,524,592
Chicago ScholarsChicago, IL$6,857,221
Mission GraduatesSan Francisco, CA$12,458,388
Yonkers Partners in EducationYonkers, NY$3,322,923
High JumpChicago, IL$3,490,034
Data update history
December 24, 2024
Received grants
Identified 5 new grant, including a grant for $100,000 from Altman Foundation
November 1, 2024
Updated personnel
Identified 12 new personnel
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $35,000 from Hernan Lopez Family Foundation
August 31, 2024
Updated personnel
Identified 7 new personnel
August 26, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
85 Broad St 6th Floor
New York, NY 10004
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
opportunitynetwork.org/ 
Phone
(646) 237-4090
Facebook page
The-Opportunity-Network 
Twitter profile
@opp_net 
IRS details
EIN
43-1984494
Fiscal year end
August
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B03: Education Professional Societies and Associations
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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