TY 2016 Form 990 Schedule O

efile Public Visual Render ObjectId: 201723199349311752 - Submission: 2017-11-15 TIN: 54-0907624

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2016

Open to Public
Inspection

Name of the organization

OPPORTUNITY INTERNATIONAL INC
D/B/A OPPORTUNITY INTERNATIONAL-US

Employer identification number

54-0907624

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO CLIFTONLARSONALLEN LLP (CLA). TREASURER OF OPPORTUNITY INTERNATIONAL (OI) REVIEWS THE DRAFT PREPARED BY CLA AND DISCUSSES COMMENTS AND QUESTIONS WITH CLA. FINAL DRAFT OF 990 IS PRESENTED TO AUDIT COMMITTEE FOR REVIEW. AFTER REVIEW IS COMPLETE, THE 990 IS DISTRIBUTED TO THE OPPORTUNITY INTERNATIONAL BOD AND THE RETURN IS SIGNED AND SUBMITTED TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	IT IS AN ANNUAL REQUIREMENT FOR ALL EMPLOYEES AND DIRECTORS TO SIGN THE CONFLICT OF INTEREST STATEMENTS. DISCLOSURES ARE TO BE MADE BY EMPLOYEES TO THE CHIEF EXECUTIVE OFFICER. IN THE CASE OF THE CEO OR AND OTHER DIRECTORS CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD CHAIR, OR IN THE CASE OF THE BOARD CHAIR TO THE CHAIR OF THE RISK & AUDIT COMMITTEE. IF A CONFLICT OF INTEREST IS DETERMINED THE RESPONSIBLE PERSONS ARE RECUSED/EXCLUDED FROM ALL DISCUSSIONS IN CONNECTION WITH THE PROPOSED TRANSACTION. FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION IS APPORVED BY THE PEOPLE COMMITTEE OF THE BOARD USING IBM'S KENEXA SALARY DATABASE AND INSIDE NGO SALARY SURVEY AS COMPARABILILTY DATA TO HELP SET COMPENSATION. COMPENSATION DECISIONS ARE INCLUDED IN THE COMMITTEE BOARD MINUTES AND APPROVALS ARE DOCUMENTED IN THE EMPLOYEE FILES. THIS PROCESS IS THE SAME FOR THE CEO AND ALL OTHER OFFICERS.
FORM 990, PART VI, SECTION C, LINE 19	CONFLICT OF INTEREST POLICY IS NOT PUBLISHED. FINANCIAL STATEMENTS ARE AVAILABLE ON THE OPPORTUNITY INTERNATIONAL WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:	FOREIGN CURRENCY TRANSLATION GAIN (LOSS) -1,764,725. MINORITY INTEREST 1,167,696. ADDITION OF BANKING NET ASSETS ON OIUS BALANCE SHEET 40,476,002. INVESTMENT IN OI NICARAGUA -1,490,642. MICRO-FINANCE ACTIVITY 1,437,918.
FORM 990, PART XII, LINE 2C:	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Return Reference

Explanation

FORM 990, PART VI, SECTION B, LINE 11B

STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO CLIFTONLARSONALLEN LLP (CLA). TREASURER OF OPPORTUNITY INTERNATIONAL (OI) REVIEWS THE DRAFT PREPARED BY CLA AND DISCUSSES COMMENTS AND QUESTIONS WITH CLA. FINAL DRAFT OF 990 IS PRESENTED TO AUDIT COMMITTEE FOR REVIEW. AFTER REVIEW IS COMPLETE, THE 990 IS DISTRIBUTED TO THE OPPORTUNITY INTERNATIONAL BOD AND THE RETURN IS SIGNED AND SUBMITTED TO THE IRS.

FORM 990, PART VI, SECTION B, LINE 12C

IT IS AN ANNUAL REQUIREMENT FOR ALL EMPLOYEES AND DIRECTORS TO SIGN THE CONFLICT OF INTEREST STATEMENTS. DISCLOSURES ARE TO BE MADE BY EMPLOYEES TO THE CHIEF EXECUTIVE OFFICER. IN THE CASE OF THE CEO OR AND OTHER DIRECTORS CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD CHAIR, OR IN THE CASE OF THE BOARD CHAIR TO THE CHAIR OF THE RISK & AUDIT COMMITTEE. IF A CONFLICT OF INTEREST IS DETERMINED THE RESPONSIBLE PERSONS ARE RECUSED/EXCLUDED FROM ALL DISCUSSIONS IN CONNECTION WITH THE PROPOSED TRANSACTION. FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS.

FORM 990, PART VI, SECTION B, LINE 15

COMPENSATION IS APPORVED BY THE PEOPLE COMMITTEE OF THE BOARD USING IBM'S KENEXA SALARY DATABASE AND INSIDE NGO SALARY SURVEY AS COMPARABILILTY DATA TO HELP SET COMPENSATION. COMPENSATION DECISIONS ARE INCLUDED IN THE COMMITTEE BOARD MINUTES AND APPROVALS ARE DOCUMENTED IN THE EMPLOYEE FILES. THIS PROCESS IS THE SAME FOR THE CEO AND ALL OTHER OFFICERS.

FORM 990, PART VI, SECTION C, LINE 19

CONFLICT OF INTEREST POLICY IS NOT PUBLISHED. FINANCIAL STATEMENTS ARE AVAILABLE ON THE OPPORTUNITY INTERNATIONAL WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.

FORM 990, PART XI, LINE 9:

FOREIGN CURRENCY TRANSLATION GAIN (LOSS) -1,764,725. MINORITY INTEREST 1,167,696. ADDITION OF BANKING NET ASSETS ON OIUS BALANCE SHEET 40,476,002. INVESTMENT IN OI NICARAGUA -1,490,642. MICRO-FINANCE ACTIVITY 1,437,918.

FORM 990, PART XII, LINE 2C:

THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2016

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