Public Charity

OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION

OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION, of PHOENIX, AZ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $207K in revenue, $135K in expenses, $322K in total assets. 14 publicly reported grants to this organization, totaling roughly $220K, appear in IRS filings.

EIN: 203779020 PHOENIX, AZ Latest filing: 2025
Total Revenue$207K
Total Expenses$135K
Total Assets$322K
Grant Records14
Funding Total$220K
Filing Years2022–2025

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.

Officers & Directors

DIRECTOR Ed Nusbaum
CHAIRMAN OF THE BOARD Joan Koerber-Walker Mba
SECRETARY Robert Dunaway Jd

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO PAY FOR PROFESSIONAL FUNDRAISING COSTS ON BEHALF OF THE ORGANIZATION TO SET UP THE STRUCTURES: AZADVANCES UNDER OPPORTUNITY THROUGH ENTREPRENEURSHIP FOUNDATION(OTEF) AND THE ARIZONA HEALTH INNOVATION TRUST FUND (AHIT) UNDER THE STATE OF ARIZONA.
$60,000 1 grant
GENERAL SUPPORT
$59,529 1 grant
COMMUNITY HEALTH
$26,500 4 grants
Program Support
$17,500 2 grants
Unrestricted
$12,275 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $207K $135K $322K
2024 $68K $43K $250K
2023 $65K $31K $224K
2022 $200K $92K $191K

Between 2022 and 2025, reported annual revenue grew from $200K to $207K (+3%), with total assets most recently reported at $322K.

Interactive year-over-year charts and full filing details available with membership.

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