EIN 45-4127501

Accion Opportunity Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2011
Most recent tax filings
2022-06-01
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
$4,910,082
2022
Total expenses
$4,691,949
2022
Total assets
$7,253,387
2022
Num. employees
0
2022

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 and mentoring for members of low-to-moderate income communities.

Grants made by Accion Opportunity Fund

GranteeGrant descriptionAmount
AscendusMicro-Lending Activites & Program Support$215,000
Accion Opportunity Fund Community DevelopmentProgram Support$150,000
Allies for Community Business (A4CB)Micro-Lending Activites & Program Support$150,000
...and 3 more grants made

Who funds Accion Opportunity Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$1,050,000
Crankstart FoundationGeneral Operations$1,000,000
AccionProgram Assistance$500,000
...and 18 more grants received totalling $3,321,708

Personnel at Accion Opportunity Fund

NameTitleCompensation
Luz Lopez UrrutiaChief Executive Officer$0
Michael SchleinPresident$0
Esteban AltschulBoard Member$0
Michael RapaportPresident , Chief Operating Officer$0
John FischerChief Investment Officer
...and 33 more key personnel

Financials for Accion Opportunity Fund

RevenuesFYE 06/2022
Total grants, contributions, etc.$4,909,087
Program services$0
Investment income and dividends$995
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$4,910,082

Form 990s for Accion Opportunity Fund

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2021-062022-05-13990View PDF
2020-062022-03-23990View PDF
2019-122021-08-18990View PDF
2018-122019-09-16990View PDF
...and 8 more Form 990s
Data update history
December 5, 2023
Updated personnel
Identified 3 new personnel
November 28, 2023
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 22, 2023
Received grants
Identified 11 new grant, including a grant for $1,000,000 from Crankstart Foundation
July 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Provides grantsNational levelTax deductible donationsNo full-time employees
General information
Address
111 W St John 800
San Jose, CA 95113
Metro area
San Jose-Sunnyvale-Santa Clara, 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
Independent
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