Opportunity Scholarship Fund
EIN: 464511347 · Tulsa, OK · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $5.1M |
| Net Assets | $668K |
Is Opportunity Scholarship Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Opportunity Scholarship Fund
Opportunity Scholarship Fund (EIN: 464511347) is a nonprofit organization based in Tulsa, OK, classified under NTEE code B82. The organization reported total revenue of $5.3M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opportunity Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Opportunity Scholarship Fund is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 40.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $5.1M |
| Surplus / Deficit | +$172K |
| Total Assets | $8.1M |
| Total Liabilities | $7.4M |
| Net Assets | $668K |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 91.8% |
| Months of Reserves | 19.1 months |
Financial Health Grade: A
In 2023, Opportunity Scholarship Fund reported a surplus of $172K with revenue exceeding expenses, holds 19.1 months of operating reserves (strong position), has a debt-to-asset ratio of 91.8% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Opportunity Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 40.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | -5.8% | +72.8% |
| 2022 | +39.2% | +66.4% | -9.4% |
| 2021 | +14.8% | -3.6% | +12.8% |
| 2020 | -9.1% | -23.9% | -0.7% |
| 2019 | -11.4% | +8.8% | -14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Opportunity Scholarship Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Opportunity Scholarship Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $172K, with revenue exceeding expenses.
- Debt-to-asset ratio: 91.8%.
Frequently Asked Questions about Opportunity Scholarship Fund
Is Opportunity Scholarship Fund a legitimate charity?
Opportunity Scholarship Fund (EIN: 464511347) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $5.3M. No red flags identified. Financial health grade: A.
How does Opportunity Scholarship Fund spend its money?
Opportunity Scholarship Fund reported $5.3M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Opportunity Scholarship Fund tax-deductible?
Opportunity Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 464511347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Opportunity Scholarship Fund located?
Opportunity Scholarship Fund is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 464511347. It is classified under NTEE code B82.
How many years of IRS 990 filings does Opportunity Scholarship Fund have?
Opportunity Scholarship Fund has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.3M in total revenue.
Filing History
IRS 990 filing history for Opportunity Scholarship Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Opportunity Scholarship Fund's revenue has grown by 2015.9%, moving from $248K to $5.3M. Total assets increased by 3297.4% over the same period, from $239K to $8.1M. Total functional expenses rose by 52201%, from $10K to $5.1M. In its most recent filing year (2023), Opportunity Scholarship Fund reported a surplus of $172K, with revenue exceeding expenses. The organization holds $7.4M in liabilities against $8.1M in assets (debt-to-asset ratio: 91.8%), resulting in net assets of $668K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $5.1M | $8.1M | $7.4M | — | — |
| 2022 | $5.3M | $5.4M | $4.7M | $0 | — | View 990 |
| 2021 | $3.8M | $3.2M | $5.2M | $0 | — | View 990 |
| 2020 | $3.3M | $3.4M | $4.6M | $0 | — | View 990 |
| 2019 | $3.7M | $4.4M | $4.6M | $0 | — | View 990 |
| 2018 | $4.1M | $4.1M | $5.4M | $0 | — | View 990 |
| 2017 | $5.1M | $3.2M | $5.3M | $12K | — | View 990 |
| 2016 | $3.4M | $1.1M | $3.4M | $0 | — | View 990 |
| 2015 | $1.3M | $463K | $1.1M | $0 | — | View 990 |
| 2014 | $248K | $10K | $239K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $5.1M, and assets of $8.1M (revenue -1.5% year-over-year).
- 2022: Revenue of $5.3M, expenses of $5.4M, and assets of $4.7M (revenue +39.2% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.2M, and assets of $5.2M (revenue +14.8% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.4M, and assets of $4.6M (revenue -9.1% year-over-year).
- 2019: Revenue of $3.7M, expenses of $4.4M, and assets of $4.6M (revenue -11.4% year-over-year).
- 2018: Revenue of $4.1M, expenses of $4.1M, and assets of $5.4M (revenue -19.2% year-over-year).
- 2017: Revenue of $5.1M, expenses of $3.2M, and assets of $5.3M (revenue +51.5% year-over-year).
- 2016: Revenue of $3.4M, expenses of $1.1M, and assets of $3.4M (revenue +154.4% year-over-year).
- 2015: Revenue of $1.3M, expenses of $463K, and assets of $1.1M (revenue +435.7% year-over-year).
- 2014: Revenue of $248K, expenses of $10K, and assets of $239K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Opportunity Scholarship Fund:
Data Sources and Methodology
This transparency report for Opportunity Scholarship Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.