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Opportunity Scholarship Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464511347 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

Overview

What is Opportunity Scholarship Fund?

The Opportunity Scholarship Fund is a nonprofit organization based in Tulsa, Oklahoma, with a specific mission to support Oklahoma's pre-K to 12th grade students, families, schools, and donors. Their primary focus is to provide financial assistance to lower-income students in the form of scholarships, enabling them to attend accredited private schools. The fund also assists these schools by offering state income tax credits to build tuition scholarships. In 2022, over 1,200 scholarships were awarded to Oklahoma students through participating schools. The Opportunity Scholarship Fund's scholarships are designed to be ongoing, with students and their siblings remaining eligible until high school graduation or turning 21, whichever comes first.


Official website here: www.osfkids.org

Is Opportunity Scholarship Fund legitimate?

Opportunity Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Scholarship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.osfkids.org

What is the mission statement of Opportunity Scholarship Fund?

The Opportunity Scholarship Fund serves as a scholarship-granting organization, offering financial aid to Oklahoma pre-K to 12th grade students to attend accredited private schools within the state. Once a student receives a scholarship, they and their siblings remain eligible until high school graduation or the age of 21, whichever comes first. The fund's main objective is to provide financial assistance to lower-income Oklahoma students, offering scholarships as a benefit. Additionally, the Opportunity Scholarship Fund assists accredited private pre-K to 12 schools in building tuition scholarships, leveraging state income tax credits. In 2022, around 1,207 scholarships were awarded to Oklahoma pre-K to 12 students through participating schools.


Official website here: www.osfkids.org

Who is the CEO of Opportunity Scholarship Fund?

Sarah Guardiola is the Director of Opportunity Scholarship Fund.


Official website here: www.osfkids.org

What is the revenue of Opportunity Scholarship Fund?

Opportunity Scholarship Fund's revenue in 2022 was $5,332,646.


Official website here: www.osfkids.org

Who are the executives of Opportunity Scholarship Fund and what are their salaries?

Here are 10 key members and their salaries:

    Brittoni Lantz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Newberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hopper Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Reed (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Lapolla (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Kolczun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Gerard (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Hagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Miller (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.osfkids.org

    Where can I find the form 990 for Opportunity Scholarship Fund?

    The Opportunity Scholarship Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.osfkids.org

    Learn more at the official website: www.osfkids.org

    Mission Statement of Opportunity Scholarship Fund

    The Opportunity Scholarship Fund, as a scholarship-granting organization, is committed to providing financial assistance to Oklahoma students from Pre-K to 12th grade, enabling them to attend accredited private schools within the state. Once a student receives a scholarship, they, along with their siblings, remain eligible until they graduate from high school or reach the age of 21, whichever comes first. This scholarship-granting organization aims to support both the students and their families, as well as the participating private schools, by building tuition scholarships with the advantage of state income tax credits. In 2022, around 1,207 scholarships were awarded to Oklahoma students through participating schools, demonstrating the fund's dedication to providing educational opportunities for lower-income students in the state.

    Impact

    This information is meant to be a general summary of Opportunity Scholarship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Opportunity Scholarship Fund's impact is significant in providing financial assistance to lower-income Oklahoma students to attend accredited private schools. By awarding scholarships to preK-12 students, the fund not only supports families in need but also contributes to the growth and sustainability of private schools in Oklahoma. In 2022 alone, approximately 1,207 scholarships were awarded through participating schools, reflecting the tangible difference the fund is making in the lives of Oklahoma students. Additionally, by leveraging state income tax credits, the fund encourages donors to support education and invest in the future of these students.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22,236
  • Program Service Revenue: $409,380
  • Gross Receipts: $5,332,646

    • Assets and Liabilities:
  • Total Assets: $4,689,615
  • Total Liabilities: $0
  • Net Assets: $4,689,615
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEE REV

    Revenue

    $409,380

    Organization Details

    Founding Year

    2014

    Principal Officer

    Sarah Guardiola

    Main Address

    7633 E 63RD PLACE, TULSA, OK, 74133

    NTEE Category

    Code: B82 - Education

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