OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION

EIN: 203779020 501(c)(3) Education

PHOENIX, AZ

Total Revenue
$207,147
Total Expenses
$135,157
Total Assets
$322,129
Net Assets
$321,949
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
AZ
Principal Officer
JOAN KOERBER-WALKER
Phone
4803329636
Tax Period
2025-01-01 to 2025-12-31

OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION, founded in 2005, is a small nonprofit in the Education sector that reported $207K in total revenue in fiscal year 2025. Revenue surged 204% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 35% operating margin.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $118,803 Revenue: $93,970

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...

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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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $110,187
Program Service Revenue $93,970
Investment Income $2,990
Other Revenue $0
TOTAL REVENUE $207,147

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $78,342
Fundraising Expenses $0
Program Expenses $118,803
Other Expenses $41,815
TOTAL EXPENSES $135,157

Year-over-Year Comparison

2025 2024 Change
Revenue $207,147 $68,211 +2.0%
Expenses $135,157 $42,598 +2.2%
Net Income $71,990 $25,613 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
4
Volunteers
45

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOAN KOERBER-WALKER MBA CHAIRMAN OF THE BOARD 10.00
Officer Director
$0 $0 $0
ROBERT DUNAWAY JD SECRETARY 0.50
Officer Director
$0 $0 $0
ED NUSBAUM DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $207,147 $135,157 $322,129 $71,990
2024 No data No data No data No data
2023 $64,930 $31,463 $224,346 $33,467
2022 $200,494 $92,161 $190,879 $108,333
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