TY 2020 Form 990 Schedule O

efile Public Visual Render ObjectId: 202102249349301960 - Submission: 2021-08-12 TIN: 41-1396610

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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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

OPPORTUNITY MATTERS INC

Employer identification number

41-1396610

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	A DRAFT IS PRESENTED TO THE BOARD OF DIRECTORS WITH A PRESENTATION FOR THE CONTRACTED AUDITORS. THE BOARD ASKS QUESTIONS AND ONCE READY APPROVES THE DRAFT.
FORM 990, PART VI, SECTION B, LINE 12C	MEMBERS MUST AVOID CONFLICT OF INTEREST WITH RESPECT TO THEIR FIDUCIARY AND FINANCIAL RESPONSIBILITY. A) MEMBERS ARE REQUIRED TO DISCLOSE ANNUAL INTERESTS THAT COULD GIVE RISE TO CONFLICT. B) THE BOARD WILL REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH BOARD MEMBERS' CODE OF CONDUCT BY HAVING A STANDING AGENDA ITEM REGARDING ANY CONFLICT(S) OF INTEREST. C) THERE WILL BE NO SELF-DEALING OR BUSINESS BY A MEMBER WITH THE ORGANIZATION WITHOUT FULL DISCLOSE AND BOARD APPROVAL. MEMBERS WILL ANNUALLY DISCLOSE THEIR INVOLVEMENTS WITH OTHER ORGANIZATIONS, WITH VENDORS, OR ANY ASSOCIATIONS THAT MIGHT BE OR MIGHT REASONABLY BE SEEN AS BEING A CONFLICT. D) WHEN THE BOARD IS TO DECIDE UPON AN ISSUE, ABOUT WHICH A MEMBER HAS AN UNAVOIDABLE CONFLICT OF INTEREST, THAT MEMBER SHALL ABSENT HERSELF OR HIMSELF WITHOUT COMMENT FROM NOT ONLY THE VOTE, BUT ALSO FROM THE DELIBERATION. E) BOARD MEMBERS WILL NOT USE THEIR BOARD POSITION TO OBTAIN EMPLOYMENT IN THE ORGANIZATION FOR THEMSELVES, FAMILY MEMBERS, OR CLOSE ASSOCIATES. SHOULD A BOARD MEMBER APPLY FOR EMPLOYMENT, HE OR SHE MUST FIRST RESIGN FROM THE BOARD. F) THE CONFLICT OF INTEREST FORM(S) ARE REVIEWED, MINIMALLY, ONCE A YEAR AND UPDATED AS NECESSARY.
FORM 990, PART VI, SECTION B, LINE 15A	THE BOARD OF DIRECTORS REVIEWS THE GOALS OF THE CEO AND PROGRESS ON THE GOALS. THE BOARD LOOKS AT RESOURCES TO DETERMINE AVERAGE WAGES FOR SIMILAR POSITIONS TO DETERMINE RANGES OF PAY AND OTHER COMPENSATION PACKAGES. ALL OFFICERS ARE VOLUNTEERS AND ARE NOT COMPENSATED. THE HR DEPARTMENT COMPLETES WAGE ASSESSMENTS BY POSITION FOR ALL OTHER POSITIONS. THIS COMPENSATION PROCESS WAS LAST COMPLETED IN 2020.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.

Return Reference

Explanation

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

A DRAFT IS PRESENTED TO THE BOARD OF DIRECTORS WITH A PRESENTATION FOR THE CONTRACTED AUDITORS. THE BOARD ASKS QUESTIONS AND ONCE READY APPROVES THE DRAFT.

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

MEMBERS MUST AVOID CONFLICT OF INTEREST WITH RESPECT TO THEIR FIDUCIARY AND FINANCIAL RESPONSIBILITY. A) MEMBERS ARE REQUIRED TO DISCLOSE ANNUAL INTERESTS THAT COULD GIVE RISE TO CONFLICT. B) THE BOARD WILL REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH BOARD MEMBERS' CODE OF CONDUCT BY HAVING A STANDING AGENDA ITEM REGARDING ANY CONFLICT(S) OF INTEREST. C) THERE WILL BE NO SELF-DEALING OR BUSINESS BY A MEMBER WITH THE ORGANIZATION WITHOUT FULL DISCLOSE AND BOARD APPROVAL. MEMBERS WILL ANNUALLY DISCLOSE THEIR INVOLVEMENTS WITH OTHER ORGANIZATIONS, WITH VENDORS, OR ANY ASSOCIATIONS THAT MIGHT BE OR MIGHT REASONABLY BE SEEN AS BEING A CONFLICT. D) WHEN THE BOARD IS TO DECIDE UPON AN ISSUE, ABOUT WHICH A MEMBER HAS AN UNAVOIDABLE CONFLICT OF INTEREST, THAT MEMBER SHALL ABSENT HERSELF OR HIMSELF WITHOUT COMMENT FROM NOT ONLY THE VOTE, BUT ALSO FROM THE DELIBERATION. E) BOARD MEMBERS WILL NOT USE THEIR BOARD POSITION TO OBTAIN EMPLOYMENT IN THE ORGANIZATION FOR THEMSELVES, FAMILY MEMBERS, OR CLOSE ASSOCIATES. SHOULD A BOARD MEMBER APPLY FOR EMPLOYMENT, HE OR SHE MUST FIRST RESIGN FROM THE BOARD. F) THE CONFLICT OF INTEREST FORM(S) ARE REVIEWED, MINIMALLY, ONCE A YEAR AND UPDATED AS NECESSARY.

FORM 990, PART VI, SECTION B, LINE 15A

THE BOARD OF DIRECTORS REVIEWS THE GOALS OF THE CEO AND PROGRESS ON THE GOALS. THE BOARD LOOKS AT RESOURCES TO DETERMINE AVERAGE WAGES FOR SIMILAR POSITIONS TO DETERMINE RANGES OF PAY AND OTHER COMPENSATION PACKAGES. ALL OFFICERS ARE VOLUNTEERS AND ARE NOT COMPENSATED. THE HR DEPARTMENT COMPLETES WAGE ASSESSMENTS BY POSITION FOR ALL OTHER POSITIONS. THIS COMPENSATION PROCESS WAS LAST COMPLETED IN 2020.

FORM 990, PART VI, SECTION C, LINE 19

THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

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