Nonprofit · EIN 45-4127501
ACCION OPPORTUNITY FUND INC
Tax-exempt · SAN JOSE, CA 95113
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $207,850 | $1,376,681 | -$1,168,831 | $3,349,201 | $50,000 | $3,299,201 |
| June 30, 2024 | 990 | $248,043 | $677,415 | -$429,372 | $4,468,032 | $0 | $4,468,032 |
| June 30, 2023 | 990 | $196,124 | $1,981,576 | -$1,785,452 | $5,704,404 | $807,000 | $4,897,404 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $207,850
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,050,000
- Other salaries and wages
- $258,933
- Salaries, compensation and benefits (total)
- $258,933
- Professional fundraising fees
- $0
- Legal fees
- $11,250
- Accounting fees
- $42,750
- Travel
- $13,748
- Program services (functional)
- $1,050,000
- Management and general (functional)
- $326,681
Balance sheet and other
- Total assets, start of year
- $4,468,032
- Total assets, end of year
- $3,349,201
- Total liabilities, end of year
- $50,000
- Net assets, end of year
- $3,299,201
- Net assets without donor restrictions
- $3,299,201
- Gross receipts
- $207,850
- Employees
- 0
- Volunteers
- 19
- Year formed
- 2011
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID COULTAS | CHIEF FINANICAL AND OPERATING OFFICER Officer | 2 | $0 | $418,314 | $42,049 |
| LUZ DE LOURDES LOPEZ URRUTIA | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 2 | $0 | $366,073 | $25,996 |
| ANNA SCHEMBER | CHIEF OF STAFF Key employee | 2 | $0 | $191,490 | $18,934 |
| GREG AVIS | BOARD CHAIR Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| CARETHA COLEMAN | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| SWATI BHATIA | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| TODD BAKER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| GOPI BILA | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| PHIL BLACK | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| DICKSON CHU | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| SOLANA COZZO | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| JONI CROPPER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| DEBRA ENGEL | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| MADELEINE FACKLER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| BRIAN GRAHAM | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PARKER HUDNUT | DIRECTOR Trustee or director | 1.5 | $0 |
| LATA KRISHNAN | DIRECTOR Trustee or director | 1.5 | $0 |
| JUANITA LOTT | DIRECTOR Trustee or director | 1.5 | $0 |
| SAMUEL RAMOS | DIRECTOR Trustee or director | 1.5 | $0 |
| MICHAEL SCHLEIN | DIRECTOR Trustee or director | 1.5 | $0 |
| DIANA TAYLOR | DIRECTOR Trustee or director | 1.5 | $0 |
| KARTHIK VENKATARAMAN | DIRECTOR Trustee or director | 1.5 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LUZ LOPEZ URRUTIA | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 3 | $0 | $408,275 | $20,346 |
| CHRISTOPHER PILKERTON | CHIEF LEGAL & REGULATORY STRATEGY OFFICER Key employee | 0.25 | $0 | $335,072 | $33,145 |
| MICHAEL RAPAPORT | PRESIDENT, COO Officer | 1.5 | $0 | $255,243 | $31,883 |
| DAVID COULTAS | EVP & CFO Officer | 3 | $0 | $231,626 | $19,063 |
| GREG AVIS | BOARD CHAIR Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| CARETHA COLEMAN | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| MICKEY KONSON TO DEC 2023 | DIRECTOR & SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| ESTEBAN ALTSCHUL | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| TODD BAKER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| SWATI BHATIA | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| PHIL BLACK | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| DICKSON CHU | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| SOLANA COZZO | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| JONI CROPPER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| DEBRA ENGEL | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| MADELEINE FACKLER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| BRIAN GRAHAM | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| PARKER HUDNUT | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| LATA KRISHNAN | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| JUANITA LOTT | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| SAM RAMOS | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| MICHAEL SCHLEIN | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| DIANA TAYLOR | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| JIM KOSHLAND TO AUG 2023 | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LUZ LOPEZ URRUTIA | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 3 | $0 | $403,402 | $17,826 |
| ROLLAND JURGENS | EVP & CFO (THRU 09/22) Officer | 3 | $0 | $366,292 | $20,148 |
| MICHAEL RAPAPORT | PRESIDENT, COO Officer | 1.5 | $0 | $349,194 | $34,519 |
| GREG AVIS | BOARD CHAIR Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| JIM KOSHLAND | VICE CHAIR & SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| ESTEBAN ALTSCHUL | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| TODD BAKER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| SWATI BHATIA | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| PHIL BLACK | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| DICKSON CHU | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| CARETHA COLEMAN | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| SOLANA COZZO | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| JONI CROPPER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| DEBRA ENGEL | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| MADELEINE FACKLER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| BRIAN GRAHAM | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| PARKER HUDNUT | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| MICKEY KONSON | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| LATA KRISHNAN | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| JUANITA LOTT | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| NATHALIE MOLINA NINO | DIRECTOR (THRU 09/22) Trustee or director | 1.5 | $0 | $0 | $0 |
| SAM RAMOS | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| MICHAEL SCHLEIN | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| DIANA TAYLOR | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 111 W SAINT JOHN ST STE 800, SAN JOSE, CA 95113-1121
- Principal officer (990 for 2024)
- DAVID COULTAS, 111 WEST ST JOHN STREET 800, SAN JOSE, CA 95113
- Signed the 990
- DAVID COULTAS, CHIEF FINANCIAL & OPERATING OFFICER
- Phone
- (408) 297-0204
- Website
- HTTPS://AOFUND.ORG/
- Return prepared by
- ARMANINO ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 45-4127501 or by the name ACCION OPPORTUNITY FUND INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
ACCION OPPORTUNITY FUND. INC. (AOF) WAS INCORPORATED ON DECEMBER 7, 2011. THE MISSION OF AOF IS TO ASSIST IN BUILDING WORLD CLASS MICROFINANCE INSTITUTIONS IN THE UNITED STATES TO ENHANCE ECONOMIC DEVELOPMENT AND INDIVIDUALS' SELF SUFFICIENCY THROUGH (SEE SCH. O) INCREASING ACCESS TO CREDIT AND OTHERWISE PROMOTING FINANCIAL INCLUSION AND FINANCIAL HEALTH THROUGH TRAINING AND MENTORING FOR MEMBERS OF LOW-TO-MODERATE INCOME COMMUNITIES.
Program accomplishments
- 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 (SEE SCH. O)AND MENTORING FOR MEMBERS OF LOW-TO-MODERATE INCOME COMMUNITIES.Expenses $1,050,000 · grants $1,050,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-4127501
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S03)
- Assets (IRS master file)
- $3,349,201
- Income (IRS master file)
- $207,850
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $207,850 | $1,376,681 | $3,349,201 | IRS |
| 990 | June 2024 | $248,043 | $677,415 | $4,468,032 | XML |
| 990 | June 2023 | $196,124 | $1,981,576 | $5,704,404 | XML |
| 990 | June 2022 | $4,910,082 | $4,691,949 | $7,253,387 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4127501).
Questions about ACCION OPPORTUNITY FUND INC
- What is the EIN of ACCION OPPORTUNITY FUND INC?
- The employer identification number (EIN) of ACCION OPPORTUNITY FUND INC is 45-4127501.
- Is ACCION OPPORTUNITY FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to ACCION OPPORTUNITY FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does ACCION OPPORTUNITY FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACCION OPPORTUNITY FUND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACCION OPPORTUNITY FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ACCION OPPORTUNITY FUND INC?
- The 990 for the year ended June 30, 2025 names DAVID COULTAS.
- Who are the officers and directors of ACCION OPPORTUNITY FUND INC?
- The 990 for the year ended June 30, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does ACCION OPPORTUNITY FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $207,850, expenses of $1,376,681 and total assets of $3,349,201 at year end.
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