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Opportunity Transformation Investments Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Urban, Community Economic Development (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$442k (2023)

Expenses
$528k (2023)

Total Assets
$27M (2023)

Total Liabilities
$385k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$441,584
Expenses
$528,477
Net Income
-$86,893
Net Assets
$26,572,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $300,000
67.9%
Program Services $0
Investment Income $141,584
32.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $213,099
40.3%
Assets/Debt
Total Assets $26,957,329
Total Liabilities $384,760
Net Assets $26,572,569
Compensation
Key Employees and Officers Compensation Related Other
Atul Tandon (President) $0 $623,944 $38,464
Randy Kurtz (Executive Vp, Int'l Programs) $0 $365,691 $39,900
Margaret Tomasik (Treasurer) $0 $260,165 $23,798
Mauricio Agudelo Rincon (Vp, Corporate Development) $0 $225,349 $32,841
David Wiegman (Secretary & Assistant Treasurer) $0 $209,272 $33,847
Dale Patterson (Director) $0 $0 $0
Dave Tolmie (Director) $0 $0 $0
James Bergman (Director) $0 $0 $0
Mark Thompson (Director) $0 $0 $0
Mike Palmer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$522,397
Expenses
$946,413
Net Income
-$1,468,810
Net Assets
$25,750,518
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $159,984
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$682,381
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $414,274
43.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,056,405
Total Liabilities $305,887
Net Assets $25,750,518
Compensation
Key Employees and Officers Compensation Related Other
Atul Tandon (President) $0 $523,755 $27,983
James Bergman (Director) $0 $0 $0
Mark Thompson (Director) $0 $0 $0
Dave Tolmie (Director) $0 $0 $0
Dale Patterson (Director) $0 $0 $0
Mike Palmer (Director) $0 $0 $0
Margaret Tomasik (Treasurer) $0 $234,128 $23,393
David Wiegman (Secretary & Assistant Treasurer) $0 $177,483 $30,149
Randy Kurtz (Executive Vp, Int'l Programs) $0 $395,781 $35,541
Mauricio Agudelo Rincon (Vp, Corporate Development) $0 $256,396 $28,064

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,059,386
Expenses
$1,254,772
Net Income
$3,804,614
Net Assets
$27,219,328
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,059,386
100%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $260,072
20.7%
Professional Fundraising Fees $0
Other Salaries and Wages $148,038
11.8%
Assets/Debt
Total Assets $31,563,948
Total Liabilities $4,344,620
Net Assets $27,219,328
Compensation
Key Employees and Officers Compensation Related Other
Atul Tandon (President) $0 $671,464 $39,252
John Hart (Chair) $0 $0 $0
James Bergman (Director) $0 $0 $0
Mark Thompson (Director) $0 $0 $0
Dave Tolmie (Director) $0 $0 $0
Randy Kurtz (Treasurer Until 3/4/22) $0 $284,500 $37,559
Margaret Tomasik (Treasurer As Of 3/4/22) $0 $219,093 $21,947
David Wiegman (Secretary & Assistant Treasurer) $0 $168,101 $29,983

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$294,119
Expenses
$1,551,705
Net Income
-$1,845,824
Net Assets
$23,414,714
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $32,757
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$326,876
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $135,564
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,584,179
Total Liabilities $16,169,465
Net Assets $23,414,714

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$2,680,540
Expenses
$1,913,775
Net Income
-$4,594,315
Net Assets
$25,260,538
Notable Sources of Revenue Percent of Total Revenue
Contributions $97,494
Program Services $0
Investment Income $90,411
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,875,671
Net Inventory Sales $0
Other Revenue $7,226
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $492,866
25.8%
Assets/Debt
Total Assets $41,205,459
Total Liabilities $15,944,921
Net Assets $25,260,538
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Atul Tandon (President) $0 $512,100 $27,632
John Hart (Chair) $0 $0 $0
Jane Nelson (Director) $0 $0 $0
Mark Thompson (Director) $0 $0 $0
James Bergman (Director) $0 $0 $0
Dave Tolmie (Director) $0 $0 $0
Ronald Gray (Asst. Secretary & Treasure) $0 $206,468 $39,976
Randy Kurtz (Chief Administrative Officer) $0 $200,000 $30,277
David Wiegman (Secretary & Treasurer) $0 $151,295 $34,318

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,151,456
Expenses
$2,359,574
Net Income
-$1,208,118
Net Assets
$29,667,004
Notable Sources of Revenue Percent of Total Revenue
Contributions $625,402
54.3%
Program Services $0
Investment Income $657,125
57.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,014,206
Net Inventory Sales $0
Other Revenue $883,135
76.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,593,090
Total Liabilities $17,926,086
Net Assets $29,667,004
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Atul Tandon (President) $0 $360,000 $32,804
John Hart (Chair) $0 $0 $0
Jane Nelson (Director) $0 $0 $0
Mark Thompson (Director) $0 $0 $0
James Bergman (Director) $0 $0 $0
Dave Tolmie (Director) $0 $0 $0
Beth Stephenson Until 63018 (Director) $0 $0 $0
David Wiegman (Secretary & Treasurer) $0 $146,888 $36,155
Ronald Gray (Asst. Secretary & Treasurer) $0 $272,951 $45,022

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$21,601,664
Expenses
$2,462,546
Net Income
-$24,064,210
Net Assets
$30,898,288
Notable Sources of Revenue Percent of Total Revenue
Contributions $815,732
Program Services $0
Investment Income $814,821
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$23,232,217
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $53,905,212
Total Liabilities $23,006,924
Net Assets $30,898,288
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Escarra (President Through August 2017) $0 $210,572 $29,559
Atul Tandon (President As Of August 2017) $0 $397,229 $26,745
David Wiegman (Secretary & Treasurer) $0 $142,516 $37,068
Beth Stephenson (Chair) $0 $0 $0
Jane Nelson (Director) $0 $0 $0
Herve Sarteau (Director) $0 $0 $0
Mark Thompson (Director) $0 $0 $0
James Bergman (Director) $0 $0 $0
Ronald Gray (Assistant Secretary & Treasurer) $0 $276,250 $48,930
Dennis Wallestad (Vice President Through January 2017) $0 $6,057 $16,547

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$29,382,486
Expenses
$3,705,768
Net Income
-$33,088,254
Net Assets
$56,922,835
Notable Sources of Revenue Percent of Total Revenue
Contributions $438,535
Program Services $422,471
Investment Income $890,113
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$31,278,060
Net Inventory Sales $0
Other Revenue $144,455
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $330,955
8.9%
Assets/Debt
Total Assets $79,794,859
Total Liabilities $22,872,024
Net Assets $56,922,835
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Escarra (President & Director) $0 $224,437 $23,792
Beth Stephenson (Chair) $0 $0 $0
Jane Nelson (Director) $0 $0 $0
Herve Sarteau (Director) $0 $0 $0
Mark Thompson (Director) $0 $0 $0
James Cox (Director) $0 $0 $0
Mark Linsz (Director) $0 $0 $0
Dennis Wallestad (Vice President) $0 $284,230 $30,029
David Wiegman (Secretary & Treasurer) $0 $129,385 $29,315
Richard John (Former Director, Treasurer, And Secretary) $0 $121,491 $13,620
Dennis Ripley (Former Assistant Treasurer & Secretary) $0 $151,912 $16,899

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,973,809
Expenses
$5,351,735
Net Income
$6,622,074
Net Assets
$101,289,294
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,154,709
93.2%
Program Services $642,840
5.4%
Investment Income $1,011,688
8.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$877,928
Net Inventory Sales $0
Other Revenue $42,500
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $594,954
11.1%
Assets/Debt
Total Assets $128,469,573
Total Liabilities $27,180,279
Net Assets $101,289,294
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Escarra (President & Director) $0 $373,357 $40,421
Beth Stephenson (Chair) $0 $0 $0
Richard John (Director, Treasurer, & Secretary) $0 $176,628 $26,789
Jane Nelson (Director) $0 $0 $0
Herve Sarteau (Director) $0 $0 $0
Mark Thompson (Director) $0 $0 $0
Mark Linsz (Director) $0 $0 $0
James Cox (Director) $0 $0 $0
Peter Thorrington (Director) $0 $0 $0
Dennis Ripley (Assistant Treasurer & Secretary) $0 $261,212 $37,007

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,404
Expenses
$2,944,366
Net Income
-$2,917,962
Net Assets
$94,247,201
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,378,928
> 100%
Program Services $0
Investment Income $501,649
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,884,173
Net Inventory Sales $0
Other Revenue $30,000
> 100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $139,812
4.7%
Assets/Debt
Total Assets $134,156,498
Total Liabilities $39,909,297
Net Assets $94,247,201
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Vicki Escarra (President & Director) $0 $423,927 $43,368
Beth Stephenson (Chair) $0 $0 $0
Richard John (Director, Treasurer & Secretary) $0 $170,383 $19,800
David Simms (Director, President Oius & Chief Development Offic) $0 $304,033 $41,603
Jane Nelson (Director) $0 $0 $0
Herve Sarteau (Director) $0 $0 $0
Mark Thompson (Director) $0 $0 $0
Peter Thorrington (Director) $0 $0 $0
Mark Linsz (Director) $0 $0 $0
Steve Lavey (Vice President) $0 $247,118 $37,361
Dennis Ripley (Assistant Treasurer & Secretary) $0 $241,146 $36,846

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$1,692,988
Expenses
$2,446,305
Net Income
-$4,139,293
Net Assets
$96,454,822
Notable Sources of Revenue Percent of Total Revenue
Contributions $910,336
Program Services $0
Investment Income $771,734
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,924,055
Net Inventory Sales $0
Other Revenue $548,997
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $116,984,836
Total Liabilities $20,530,014
Net Assets $96,454,822
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jane Nelson (Director) $0 $0 $0
Richard John (Director, Secretary, & Tre) $0 $160,449 $18,735
Peter Thorrington (Director) $0 $0 $0
David Simms (Director) $0 $0 $0
Kadita Tshibaka (Director) $0 $0 $0
Beth Stephenson (Chair) $0 $0 $0
Herve Sarteau (Director) $0 $0 $0
Mark Thompson (Chair) $0 $0 $0
Vicki Escarra (President & Director) $0 $355,523 $13,406
Mark Linsz (Director) $0 $0 $0
Steve Lavey (Vice President) $0 $154,627 $12,226

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,772,786
Expenses
$2,366,414
Net Income
$20,406,372
Net Assets
$100,810,233
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,477,477
94.3%
Program Services $0
Investment Income $938,241
4.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $327,068
1.4%
Net Inventory Sales $0
Other Revenue $30,000
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,673
0.1%
Assets/Debt
Total Assets $119,672,666
Total Liabilities $18,862,433
Net Assets $100,810,233

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,857,028
Expenses
$3,253,614
Net Income
$7,603,414
Net Assets
$80,493,257
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,568,046
> 100%
Program Services $0
Investment Income $537,848
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,288,866
Net Inventory Sales $0
Other Revenue $40,000
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $102,583,691
Total Liabilities $22,090,434
Net Assets $80,493,257

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Types of Nonprofits

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