Accion Opportunity Fund
Legal name: Accion Opportunity Fund Inc
Nonprofit profile at a glance
- EIN
- 454127501
- IRS 990 coverage
- 2013–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- San Jose, CA, US
- Phone
- 844-677-3863
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $207,850
- Expenses
- $1,376,681
- Assets
- $3,349,201
- Liabilities
- $50,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- LUZ DE LOURDES LOPEZ URRUTIA (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- DAVID COULTAS (CHIEF FINANICAL AND OPERATING OFFICER): $460,363 total reported compensation
- LUZ DE LOURDES LOPEZ URRUTIA (CHIEF EXECUTIVE OFFICER): $392,069 total reported compensation
- ANNA SCHEMBER (CHIEF OF STAFF): $210,424 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advance economic mobility for underserved small business owners and communities through affordable financial services, knowledge resources, networks and policy.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 78
- Accountability: 92
- Sustainability: 28
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 76.3%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 95%; rating input score 95; 26th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -562.3%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 2.43; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 6.3%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: -7.9% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -10.7% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 49th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 100% of revenue deployed · 76.3% of spending went to programs
- Governance: 19 of 20 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $460K · 22 people listed · 1 of 6 pay-setting controls reported
- Consistency: 18 of 18 current checks pass
- Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 27 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.