2026-05-08T10:30:23-05:00 2025-12-31 860985325 LOHMAN COMPANY PLLC 1630 S STAPLEY DR SUITE 110 MESA AZ 85204 990 2025-01-01 203779020 OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION OPPO 4803329636 14401 S 24TH WAY PHOENIX AZ 85048 JOAN KOERBER-WALKER CHAIRMAN OF THE BOARD 4804034614 2026-05-07 1 DENNIS M HARE P01241957 4803551100 2026-05-07 2025 2025-03-06 01:10:19Z JOAN KOERBER-WALKER 14401 S 24TH WAY PHOENIX AZ 85048 207147 0 X WWW.OTEF.ORG X 2005 AZ THE OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION (OTEF) EDUCATES AND INVESTS IN PEOPLE AND ORGANIZATIONS THAT CREATE HOPE. 2 2 4 45 0 0 64252 110187 3945 93970 14 2990 0 0 68211 207147 0 15000 0 0 12745 78342 0 0 0 29853 41815 42598 135157 25613 71990 250060 322129 101 180 249959 321949 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 118803 15000 93970 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 2025 FOR 3 MONTHS EACH. THE AZADVANCES CAPITAL PROGRAM MADE NO INVESTMENTS INTO EARLY STAGE LIFE SCIENCE COMPANIES IN 2025. OUR CURRENT MISSION RELATED INVESTMENT PORTFOLIO INCLUDES THREE INVESTMENTS FROM 2023. 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. $75,000 IN SUPPORT WAS PROVIDED FROM THE STATE OF ARIZONA IN 2025. BEGINNING IN 2025, THE ORGANIZATION ENTERED INTO A FEE FOR SERVICE CONTRACT WITH THE ARIZONA BIOINDUSTRY ASSOCIATION TO PROVIDE MISSION RELATED ENTREPRENEURIAL EDUCATION AND WORKFORCE DEVELOPMENT SERVICES ON BEHALF OF THE ASSOCIATION. 118803 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 2 2 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 X 0 0 0 ED NUSBAUM DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 75000 35187 110187 CONTRACT FOR TRAINING/ 611430 93970 93970 93970 2990 2990 207147 93970 0 2990 15000 15000 68638 68638 4409 4409 5295 5295 3116 3116 3200 3200 129 129 2574 2574 7398 7398 761 761 6377 6377 1937 1937 MISC PROGRAM EXPENSES 15123 15123 DUES & SUBSCRIPTIONS 1000 1000 PAYMENT GATEWAY FEES 190 190 LICENSES AND PERMITS 10 10 135157 118803 16354 0 26356 31770 143704 215359 5000 50000 50000 25000 25000 250060 322129 101 180 101 180 X 0 0 0 0 249959 321949 249959 321949 250060 322129 71990 0 X 0 0 0 X 200480 65996 64252 110187 440915 200480 65996 64252 110187 440915 78065 362850 14 15 14 2990 3033 443948 0.81730 0.72280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN SMALL BUSINESS 25000 C 25000 1 ARIZONA STATE UNIVERSITY FOUNDATION 300 E UNIVERSITY DR 2061 TEMPE AZ 85281 866051042 501(C)3 15000 0 GRANT TO SUPPORT UNIVERSITY HEALTH RESEARCH PROGRAM - DIRECT EXPENSES ONLY 1 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 1 FULL-TIME PROGRAM MANAGER AND PART-TIME INTERNS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC ROBERT DUNAWAY, JD - 11610 N 17TH PLACE, PHOENIX, AZ 85020.