2025-05-13T11:52:37-05:00 2024-12-31 860985325 LOHMAN COMPANY PLLC 1630 S STAPLEY DR SUITE 108 MESA AZ 85204 990 2024-01-01 203779020 OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION OPPO 4803329636 14401 S 24TH WAY PHOENIX AZ 85048 JOAN KOERBER-WALKER CHAIRMAN OF THE BOARD 4804034614 2025-05-13 1 1 DENNIS M HARE P01241957 4803551100 2025-05-13 2024 2025-03-06 01:10:19Z JOAN KOERBER-WALKER 14401 S 24TH WAY PHOENIX AZ 85048 68211 0 X WWW.OTEF.ORG X 2005 AZ THE OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION (OTEF) EDUCATES AND INVESTS IN PEOPLE AND ORGANIZATIONS THAT CREATE HOPE. 3 3 2 32 0 0 65996 64252 0 3945 -1066 14 0 0 64930 68211 0 0 0 0 16866 12745 0 0 4248 14597 29853 31463 42598 33467 25613 224346 250060 0 101 224346 249959 X THE OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION (OTEF) EDUCATES AND INVESTS IN PEOPLE AND ORGANIZATIONS THAT CREATE HOPE. OUR PROGRAMS INCLUDE EDUCATION FOR SMALL BUSINESSES AND ASPIRING ENTREPRENEURS, PROGRAMS TO SUPPORT STUDENTS IN EXPLORING FUTURE CAREERS, AND OUR AZADVANCES INITIATIVE WHICH SUPPORTS THE CREATION AND COMMERCIALIZATION OF ARIZONA-BASED HEALTH INNOVATIONS. 0 0 25888 3945 VOLUNTEERS FROM THE ARIZONA BIOINDUSTRY ASSOCIATION PROVIDED 1:1 MENTORING SESSIONS TO SMALL BUSINESS OWNERS AND ASPIRING ENTREPRENEURS. OUR STUDENT DISCOVERY ZONE PROGRAM (PART OF OUR AZADVANCES TALENT PROGRAM) PROVIDED HIGH SCHOOL AND UNIVERSITY STUDENTS THE OPPORTUNITY TO CONNECT WITH INDUSTRY LEADERS AND SHOWCASE THEIR RESEARCH PROJECTS. AS PART OF THIS PROGRAM, MERIT-BASED SCHOLARSHIP PRIZES WERE COMPETITIVELY AWARDED. TWO UNIVERSITY STUDENTS WERE EMPLOYED AS PART TIME STUDENT INTERNS IN 2024 FOR 3 MONTHS EACH. THE AZADVANCES CAPITAL PROGRAM MADE NO INVESTMENTS INTO EARLY STAGE LIFE SCIENCE COMPANIES IN 2024. OUR CURRENT MISSION RELATED INVESTMENT PORTFOLIO INCLUDES THREE INVESTMENT COMPANIES IN 2024. THESE EQUITIES WILL BE HELD BY OTEF AND THE FUTURE INVESTMENT PROCEEDS REMAIN WITH OTEF. ON DEC 29, 2022, THE ARIZONA STATE BOARD OF INVESTMENT APPROVED A CONTRACT WITH THE ARIZONA STATE TREASURER'S OFFICE (ASTO) FOR OTEF TO RECEIVE ONGOING DISTRIBUTIONS FROM THE ARIZONA HEALTH INNOVATION TRUST FUND TO SUPPORT ITS CHARITABLE PURPOSE AND TO PERFORM SPECIFIED SERVICES AS SET FORTH IN A.R.S. 41-177. THE FIRST DISTRIBUTIONS FROM ASTO WILL BEGIN IN 2027. NO MONETARY SUPPORT WAS PROVIDED FROM STATE OR FEDERAL SOURCES IN 2024. 25888 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X THE ORGANIZATION (OTEF) 4803329636 14401 S 24TH WAY PHOENIX AZ 85048 X JOAN KOERBER-WALKER MBA CHAIRMAN OF THE BOARD 10.00 X X 0 0 0 ROBERT DUNAWAY JD SECRETARY 0.50 X 0 0 0 ED NUSBAUM DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 64252 64252 REGISTRATION FEES 611310 3945 3945 3945 14 14 68211 3945 0 14 10980 10980 1765 1765 3091 3091 2609 2609 11 11 4140 4140 9643 9643 1650 1650 FUNDRAISING EVENT COSTS 4248 4248 MISC PROGRAM EXPENSES 3500 3500 PAYMENT GATEWAY FEES 451 451 TAXES 365 365 145 145 42598 25888 12462 4248 6284 26356 143062 143704 5000 50000 50000 25000 25000 224346 250060 101 0 101 X 0 0 0 0 224346 249959 224346 249959 224346 250060 25613 0 X 0 0 0 X 200480 65996 64252 330728 200480 65996 64252 330728 91649 239079 14 15 14 43 330771 0.72280 0.64460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN SMALL BUSINESS 25000 C 25000 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES EXIST TO ACT ON THE GOVERNING BODY FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN WAS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A FORMAL POLICY TO MONITOR AND ENFORCE THE CONFLICT OF INTEREST USING ANNUAL DISCLOSURE AND SELF IDENTIFICATION WITH REVIEW BY CHAIRMAN OF ANY POSSIBLE CONFLICTING BUSINESS TRANSACTIONS THROUGHOUT THE YEAR. RESOLUTION OF POSSIBLE OR DISCLOSED CONFLICT IS REFERRED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 OTEF IS CURRENTLY A 100% VOLUNTEER ORGNIZATION AT THE LEADERSHIP LEVEL. OUR ONLY PAID EMPLOYEES ARE PART TIME INTERNS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST