Civic Intelligence

Opportunity Scholarship Fund

EIN 46-4511347 • 501(c)3 • Tulsa, OK

Profile

The opportunity scholarship fund is a scholarship granting organization that provides scholarships to oklahoma k-12 students to attend accredited private schools in our state. Once a student has received a scholarship, that student and his or her siblings remain eligible until high school graduation or age 21.

7633 E 63rd PlaceTulsa, OK 74133

osfkids.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

33rd percentile

-1.2%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-9.4%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

83rd percentile

39%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets9th percentile

Assets

Down

$4,689,615

Down $485,135 (-9.4%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$4,689,615

Down $485,135 (-9.4%) from 2021

Operations
Liabilities / Revenue10th percentileNet Margin33rd percentile

Revenue

Up

$5,332,646

Up $1,502,440 (+39%) from 2021

Expenses

Up

$5,396,933

Up $2,153,603 (+66%) from 2021

Net Income

Down

-$64,287

Down $651,163 (-111%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2014: $238,589Liabilities 2014: $0Net Assets 2014: $238,5892014Assets 2015: $1,105,903Liabilities 2015: $0Net Assets 2015: $1,105,9032015Assets 2016: $3,375,118Liabilities 2016: $0Net Assets 2016: $3,375,1182016Assets 2017: $5,308,087Liabilities 2017: $11,500Net Assets 2017: $5,296,5872017Assets 2018: $5,372,361Liabilities 2018: $0Net Assets 2018: $5,372,3612018Assets 2019: $4,621,192Liabilities 2019: $0Net Assets 2019: $4,621,1922019Assets 2020: $4,587,828Liabilities 2020: $0Net Assets 2020: $4,587,8282020Assets 2021: $5,174,750Liabilities 2021: $0Net Assets 2021: $5,174,7502021Assets 2022: $4,689,615Liabilities 2022: $0Net Assets 2022: $4,689,6152022

Highlighted filing

2022

Assets$4,689,615
Liabilities$0
Net Assets$4,689,615
Open 2022 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $248,305Expenses 2014: $9,716Net Income 2014: $238,5892014Revenue 2015: $1,330,203Expenses 2015: $462,889Net Income 2015: $867,3142015Revenue 2016: $3,383,889Expenses 2016: $1,114,674Net Income 2016: $2,269,2152016Revenue 2017: $5,126,240Expenses 2017: $3,204,771Net Income 2017: $1,921,4692017Revenue 2018: $4,140,298Expenses 2018: $4,064,524Net Income 2018: $75,7742018Revenue 2019: $3,669,942Expenses 2019: $4,421,111Net Income 2019: -$751,1692019Revenue 2020: $3,335,834Expenses 2020: $3,364,192Net Income 2020: -$28,3582020Revenue 2021: $3,830,206Expenses 2021: $3,243,330Net Income 2021: $586,8762021Revenue 2022: $5,332,646Expenses 2022: $5,396,933Net Income 2022: -$64,2872022

Highlighted filing

2022

Revenue$5,332,646
Expenses$5,396,933
Net Income-$64,287
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,689,615
Liabilities
$0
Net assets
$4,689,615
Revenue
$5,332,646
Expenses
$5,396,933
Net income
-$64,287
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.69$0.00$4.69$5.33$5.40$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.17$0.00$5.17$3.83$3.24$0.59
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.59$0.00$4.59$3.34$3.36$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.62$0.00$4.62$3.67$4.42$0.75
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.37$0.00$5.37$4.14$4.06$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.31$0.01$5.30$5.13$3.20$1.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.38$0.00$3.38$3.38$1.11$2.27
2015Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$1.33$0.46$0.87
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.25$0.01$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$5,332,646
Mission and Program Overview

Mission

The opportunity scholarship fund is a scholarship granting organization that provides scholarships to oklahoma k-12 students to attend accredited private schools in our state. Once a student has received a scholarship, that student and his or her siblings remain eligible until high school graduation or age 21, whichever is first.

The opportunity scholarship fund is a scholarship granting organization that provides scholarships to oklahoma prek-12 students to attend accredited private schools in our state. Once a student has received a scholarship, that student and his or her siblings remain eligible until high school graduation or age 21, whichever is first.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,172,445$4,689,615▼ $482,830
Prepaid Expenses and Deferred Charges$2,305$0▼ $2,305
Total Assets$5,174,750$4,689,615▼ $485,135
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,773,295$4,357,019▼ $416,276
Net Assets Without Donor Restrictions$401,455$332,596▼ $68,859
Total Net Assets Fund Balance$5,174,750$4,689,615▼ $485,135
Total Liabilities and Net Assets / Fund Balance$5,174,750$4,689,615▼ $485,135
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Holly GerardPresident
Michael LapollaVice President
Brittoni LantzDirector
Charles DanielsDirector
Dan NewberryDirector
Erin HaganDirector
Hopper SmithDirector
Todd KolczunDirector
Chris MillerSecretary
James ReedTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,901,030
Program Service Revenue
$409,380
Investment Income
$22,236
Other Revenue
$0
All Other Contributions
$4,901,030
Change in Net Assets
$-64,287

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded11$68,124
Total Noncash Contributions11$68,124

Audited Revenue Reconciliation

Revenue per Audited Statements
$427,931
Revenue Not Reported on Financial Statements
$4,904,715
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$4,904,715
Total Revenue per Audited Statements
$427,931
Total Revenue per Form 990
$5,332,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,901,030
Other Expenses$495,903
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$4,901,030--$4,901,030
Fees for Services Other-$177,568-$177,568
Advertising$141,615--$141,615
Fees for Services Lobbying-$41,603-$41,603
Information Technology-$39,147-$39,147
Fees for Services Accounting-$37,199-$37,199
Office Expenses-$29,978-$29,978
Occupancy-$12,237-$12,237
Other Expenses-$6,757-$6,757
Insurance-$5,066-$5,066
Travel-$3,954-$3,954
Conferences and Meetings-$749-$749
Fees for Services Legal-$30-$30
Total Functional Expenses$5,042,645$354,288$0$5,396,933

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,396,933
Expenses Not Reported on Financial Statements$4,895,138
Other Expense Adjustments$4,895,138
Expenses per Audited Statements$501,795
Total Expenses per Audited Statements$501,795
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Organization's process to review form 990 the tax return was forwarded by the chief executive officer to all board members for their review before the return was e-filed.”

Form 990, Part VI, Section B, Line 12C

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with board delegate powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board of directors or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.”

Form 990, Part VI, Section C, Line 19

“All organizing documents are available to be viewed by the public given sufficient notice.”

Filing and Contact Details

Filer

Filer Name
Opportunity Scholarship Fund
EIN
46-4511347
Phone
9188772710
Address
7633 E 63RD PLACE, TULSA, OK 74133

Signing Officer

Name
Sarah Guardiola
Title
Chief Executive Officer
Phone
9188772710
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Guardiola
Formed
2014
Legal Domicile
Ok
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Cck Strategies Pllc
Address
8811 S YALE AVE SUITE 400, TULSA, OK 74137
Preparer
Jordan Tudor
Phone
9184914036
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Opportunity scholarship fund evaluates its uncertain tax positions, if any, on a continual basis through review of their policies and procedures, review of their regular tax filings and discussions with outside experts. Management has determined that opportunity scholarship fund had no uncertain tax positions that require adjustment to the financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Restricted - contributions 4,904,715.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“GRANTS 4,895,138.”

Raw XML AppendixShowing 400 of 439 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE OPPORTUNITY SCHOLARSHIP FUND IS A SCHOLARSHIP GRANTING ORGANIZATION THAT PROVIDES SCHOLARSHIPS TO OKLAHOMA PREK-12 STUDENTS TO ATTEND ACCREDITED PRIVATE SCHOOLS IN OUR STATE. ONCE A STUDENT HAS RECEIVED A SCHOLARSHIP, THAT STUDENT AND HIS OR HER SIBLINGS REMAIN ELIGIBLE UNTIL HIGH SCHOOL GRADUATION OR AGE 21, WHICHEVER IS FIRST.
IRS990/AdvertisingGrp/ProgramServicesAmt0141615
IRS990/AdvertisingGrp/TotalAmt0141615
IRS990/AllOtherContributionsAmt04901030
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SARAH GUARDIOLA
IRS990/BooksInCareOfDetail/PhoneNum09188772710
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07633 E 63RD PLACE
IRS990/BooksInCareOfDetail/USAddress/CityNm0TULSA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd074133
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt05172445
IRS990/CashNonInterestBearingGrp/EOYAmt04689615
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0749
IRS990/ConferencesMeetingsGrp/TotalAmt0749
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04901030
IRS990/CYGrantsAndSimilarPaidAmt04901030
IRS990/CYInvestmentIncomeAmt022236
IRS990/CYOtherExpensesAmt0495903
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0409380
IRS990/CYRevenuesLessExpensesAmt0-64287
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05396933
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05332646
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE FUND PROVIDES BENEFITS FOR OKLAHOMA PREK-12 STUDENTS, FAMILIES, SCHOOLS AND DONORS. THE FUND EMPHASIZES FINANCIAL ASSISTANCE FOR LOWER-INCOME OKLAHOMA STUDENTS IN THE FORM OF SCHOLARSHIPS. THE FUND ASSISTS ACCREDITED PRIVATE PREK-12 SCHOOLS TO BUILD TUITION SCHOLARSHIPS WITH THE BENEFIT OF STATE INCOME TAX CREDITS. IN 2022, APPROXIMATELY 1,207 SCHOLARSHIPS WERE AWARDED TO OKLAHOMA PREK-12 STUDENTS THROUGH PARTICIPATING SCHOOLS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt04773295
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04357019
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05042645
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt037199
IRS990/FeesForServicesAccountingGrp/TotalAmt037199
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt030
IRS990/FeesForServicesLegalGrp/TotalAmt030
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt041603
IRS990/FeesForServicesLobbyingGrp/TotalAmt041603
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0177568
IRS990/FeesForServicesOtherGrp/TotalAmt0177568
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0BRITTONI LANTZ
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES DANIELS
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN NEWBERRY
IRS990/Form990PartVIISectionAGrp/PersonNm3HOPPER SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES REED
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL LAPOLLA
IRS990/Form990PartVIISectionAGrp/PersonNm6TODD KOLCZUN
IRS990/Form990PartVIISectionAGrp/PersonNm7HOLLY GERARD
IRS990/Form990PartVIISectionAGrp/PersonNm8ERIN HAGAN
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRIS MILLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt04901030
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt04901030
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt04901030
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05332646
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt039147
IRS990/InformationTechnologyGrp/TotalAmt039147
IRS990/InsuranceGrp/ManagementAndGeneralAmt05066
IRS990/InsuranceGrp/TotalAmt05066
IRS990/InvestmentIncomeGrp/ExclusionAmt022236
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022236
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE OPPORTUNITY SCHOLARSHIP FUND IS A SCHOLARSHIP GRANTING ORGANIZATION THAT PROVIDES SCHOLARSHIPS TO OKLAHOMA PREK-12 STUDENTS TO ATTEND ACCREDITED PRIVATE SCHOOLS IN OUR STATE. ONCE A STUDENT HAS RECEIVED A SCHOLARSHIP, THAT STUDENT AND HIS OR HER SIBLINGS REMAIN ELIGIBLE UNTIL HIGH SCHOOL GRADUATION OR AGE 21, WHICHEVER IS FIRST.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05174750
IRS990/NetAssetsOrFundBalancesEOYAmt04689615
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0401455
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0332596
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt068124
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012237
IRS990/OccupancyGrp/TotalAmt012237
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029978
IRS990/OfficeExpensesGrp/TotalAmt029978
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06757
IRS990/OtherExpensesGrp/TotalAmt06757
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02305
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0SARAH GUARDIOLA
IRS990/PriorPeriodAdjustmentsAmt0-420848
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ADMINISTRATIVE FEE REV
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0409380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0409380
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03547167
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02956080
IRS990/PYInvestmentIncomeAmt0-849
IRS990/PYOtherExpensesAmt0287250
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0283888
IRS990/PYRevenuesLessExpensesAmt0586876
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03243330
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03830206
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-64287
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0409380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04901030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03547167
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03074711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03326176
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03792454
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018641538
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt022236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0-849
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011820
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt074074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt042982
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0150263
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01517124
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95830
IRS990ScheduleA/PublicSupportPY170Pct00.97580
IRS990ScheduleA/PublicSupportTotal170Amt018007550
IRS990ScheduleA/SubstantialContributorsTotAmt0633988
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04901030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03547167
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03074711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03326176
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03792454
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt018641538
IRS990ScheduleA/TotalSupportAmt018791801
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt0105482
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt078075
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt079553
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt092764
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt0355874
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0421927
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0312300
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt0318210
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt0371056
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt01423493
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt041603
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt034860
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus2Amt0136286
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus3Amt037500
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt0250249
IRS990ScheduleC/GrassrootsCeilingAmt0533811
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt0105482
IRS990ScheduleC/LobbyingCeilingAmt02135240
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0421927
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt05396933
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0EXPLANATION OF FOUR YEAR AVERAGING OPPORTUNITY SCHOLARSHIP FUND FILED A LOBBYING EXPENDITURE ELECTION UNDER SECTION 501(H) FOR ITS TAX YEAR BEGINNING IN 2019. NO LOBBYING ACTIVITY WAS PERFORMED IN PREVIOUS YEARS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART II-A
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt041603
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt05438536
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt041603
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04895138
IRS990ScheduleD/ExpensesSubtotalAmt0501795
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt04895138
IRS990ScheduleD/OtherRevenuesNotIncludedAmt04904715
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt04904715
IRS990ScheduleD/RevenueSubtotalAmt0427931
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OPPORTUNITY SCHOLARSHIP FUND EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF THEIR POLICIES AND PROCEDURES, REVIEW OF THEIR REGULAR TAX FILINGS AND DISCUSSIONS WITH OUTSIDE EXPERTS. MANAGEMENT HAS DETERMINED THAT OPPORTUNITY SCHOLARSHIP FUND HAD NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RESTRICTED - CONTRIBUTIONS 4,904,715.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GRANTS 4,895,138.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt05396933
IRS990ScheduleD/TotalRevenuePerForm990Amt05332646
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0427931
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0501795
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt04901030
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01207
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS ELIGIBILITY IS REVIEWED FOR ALL APPLICANTS. A STUDENT MUST BE A LAWFULLY PRESENT IN THE UNITED STATES AND HAVE BEEN ACCEPTED BY AN ACCREDITED OKLAHOMA PRIVATE SCHOOL FOR THE SCHOOL YEAR. A STUDENT MUST MEET ONE OF THE FOLLOWING THREE CRITERIA: LIVE IN A FAMILY WITHIN THE ADJUSTED GROSS INCOME GUILDLINES; OR ATTEND, OR LIVE IN THE ATTENDANCE ZONE, OF A PUBLIC SCHOOL DESIGNATED AS "IN NEED OF IMPROVEMENT" BY THE STATE BOARD OF EDUCATION OR; HAVE ATTENDED PUBLIC SCHOOL WITH AN INDIVIDUALIZED EDUCATION PROGRAM.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt011
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt068124
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE TAX RETURN WAS FORWARDED BY THE CHIEF EXECUTIVE OFFICER TO ALL BOARD MEMBERS FOR THEIR REVIEW BEFORE THE RETURN WAS E-FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATE POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL ORGANIZING DOCUMENTS ARE AVAILABLE TO BE VIEWED BY THE PUBLIC GIVEN SUFFICIENT NOTICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05174750
IRS990/TotalAssetsEOYAmt04689615
IRS990/TotalAssetsGrp/BOYAmt05174750
IRS990/TotalAssetsGrp/EOYAmt04689615
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04901030
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0354288
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05042645
IRS990/TotalFunctionalExpensesGrp/TotalAmt05396933
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05174750
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04689615
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05042645
IRS990/TotalProgramServiceRevenueAmt0409380
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt022236
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0409380
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05332646
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05174750
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04689615
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03954
IRS990/TravelGrp/TotalAmt03954
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07633 E 63RD PLACE
IRS990/USAddress/CityNm0TULSA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.