Liabilities / Assets
11th percentile
Higher debt load relative to assets than 11% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
11th percentile
Higher debt load relative to assets than 11% of similar nonprofits.
Liabilities / Revenue
8th percentile
Higher debt load relative to revenue than 8% of similar nonprofits.
Net Margin
87th percentile
Higher net margin than 87% of similar nonprofits.
Top Officer Pay
20th percentile
Higher top officer pay than 20% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
87th percentile
Faster revenue growth than 87% of similar nonprofits.
Assets
Up$5,308,087
Up $1,932,969 (+57%) from 2016
Net Assets
Up$5,296,587
Up $1,921,469 (+57%) from 2016
Liabilities
Up$11,500
Up $11,500 from 2016
Revenue
Up$5,126,240
Up $1,742,351 (+51%) from 2016
Expenses
Up$3,204,771
Up $2,090,097 (+188%) from 2016
Net Income
Down$1,921,469
Down $347,746 (-15%) from 2016
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 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 later.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $3,375,118 | $5,308,087 | ▲ $1,932,969 |
| Total Assets | $3,375,118 | $5,308,087 | ▲ $1,932,969 |
| Liabilities | |||
| Other Liabilities | - | $11,500 | - |
| Total Liabilities | $0 | $11,500 | ▲ $11,500 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $2,962,708 | $4,769,034 | ▲ $1,806,326 |
| Unrestricted Net Assets | $412,410 | $527,553 | ▲ $115,143 |
| Total Net Assets Fund Balance | $3,375,118 | $5,296,587 | ▲ $1,921,469 |
| Total Liabilities and Net Assets / Fund Balance | $3,375,118 | $5,308,087 | ▲ $1,932,969 |
| Name | Title |
|---|---|
| Charles Daniels | President |
| Brittoni Lantz | Director |
| Eddie Huff | Director |
| Hopper Smith | Director |
| Michael Carnuccio | Director |
| Todd Kolczun | Director |
| Tw Shannon | Director |
| Michael Lapolla | Secretary/tr |
| Brandon Dutcher | Vice-preside |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 9 | $84,820 | Fair Market Value |
| Total Noncash Contributions | 9 | $84,820 | - |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $3,041,626 |
| Other Expenses | $84,774 |
| Salaries, Compensation, and Employee Benefits | $78,371 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $3,041,626 | - | - | $3,041,626 |
| Other Salaries and Wages | - | $78,371 | - | $78,371 |
| Advertising | $60,142 | - | - | $60,142 |
| Fees for Services Accounting | - | $16,511 | - | $16,511 |
| Office Expenses | - | $2,899 | - | $2,899 |
| Insurance | - | $2,604 | - | $2,604 |
| Information Technology | - | $324 | - | $324 |
| Fees for Services Other | - | $122 | - | $122 |
| Fees for Services Legal | - | $75 | - | $75 |
| Other Expenses | - | $34 | - | $34 |
| Total Functional Expenses | $3,101,768 | $103,003 | $0 | $3,204,771 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $3,204,771 |
| Expenses Not Reported on Financial Statements | $3,041,626 |
| Other Expense Adjustments | $3,041,626 |
| Expenses per Audited Statements | $163,145 |
| Total Expenses per Audited Statements | $163,145 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Donors | $11,500 |
“The tax return was forwarded by the executive director to all board members for their review before the return was e-filed.”
“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.”
“All organizing documents are available to be viewed by the public given sufficient notice.”
“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 later.”
“Opportunity scholarship fund evaluates its uncertain tax positions, if any, on a contiunal 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.”
“Temporarily restricted contributions 4,740,173 net assets released from restrictions -50,000 other differences 13,089”
“Grants & other assistance 3,041,626”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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 LATER. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 60142 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 60142 |
| IRS990/AllOtherContributionsAmt | 0 | 4740173 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ROBERT SELLERS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9186021667 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1831 E 71 STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | TULSA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 74136 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3375118 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 5308087 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 4740173 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 3041626 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1530 |
| IRS990/CYOtherExpensesAmt | 0 | 84774 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 384537 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1921469 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 78371 |
| IRS990/CYTotalExpensesAmt | 0 | 3204771 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5126240 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | THE FUND PROVIDES EXCITING NEW BENEFITS FOR OKLAHOMA STUDENTS, FAMILIES, SCHOOLS, AND DONORS. THE FUND EMPHASIZES SCHOLARSHIP HELP FOR LOWER INCOME OKLAHOMA STUDENTS. STUDENTS AND FAMILIES NOW HAVE MORE AFFORDABLE SCHOOL CHOICE THAN EVER. ACCREDITED PRIVATE SCHOOLS NOW HAVE A POWERFUL TOOL FOR BUIDLING TUITION SCHOLARSHIP CAPACITY. PARTICIPATING DONORS AND SPONSORS WILL NOW BE ELIGIBLE FOR GENEROUS OKLAHOMA TAX CREDITS. IN 2017 A TOTAL OF 1,018 SCHOLARSHIPS WERE AWARDED TO OKLAHOMA STUDENTS BY PARTICIPATING SCHOOLS VIA FUNDS RECEIVED BY OPPORTUNITY SCHOLARSHIP FUND AND DISTRIBUTED TO PARTICIPATING SCHOOLS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 3101768 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 16511 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 16511 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 75 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 75 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 122 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 122 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHARLES DANIELS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BRANDON DUTCHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MICHAEL CARNUCCIO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TODD KOLCZUN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BRITTONI LANTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MICHAEL LAPOLLA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TW SHANNON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | HOPPER SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | EDDIE HUFF |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2014 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantAmt | 0 | 3041626 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 3041626 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 3041626 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 5126240 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 324 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 324 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2604 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2604 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1530 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1530 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | OK |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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 LATER. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3375118 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5296587 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 84820 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2899 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2899 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | MEMBER SCHOOL SUPPORT |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2063 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 34 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2063 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 34 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 11500 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 78371 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 78371 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | ROBERT SELLERS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ADMINISTRATIVE FEE REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 384537 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 384537 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 3045836 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 1063094 |
| IRS990/PYInvestmentIncomeAmt | 0 | -373 |
| IRS990/PYOtherExpensesAmt | 0 | 34080 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 338426 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2269215 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 17500 |
| IRS990/PYTotalExpensesAmt | 0 | 1114674 |
| IRS990/PYTotalRevenueAmt | 0 | 3383889 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1921469 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 384537 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 4740173 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3045836 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1330203 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 248305 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 9364517 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1530 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | -373 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1157 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 384537 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 9364517 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 4740173 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3045836 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1330203 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 248305 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 9364517 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 9365674 |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 3041626 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 163145 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 3041626 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 11500 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO DONORS |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 4703262 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 4703262 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 422978 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | OPPORTUNITY SCHOLARSHIP FUND EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTIUNAL 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/ExplanationTxt | 1 | TEMPORARILY RESTRICTED CONTRIBUTIONS 4,740,173 NET ASSETS RELEASED FROM RESTRICTIONS -50,000 OTHER DIFFERENCES 13,089 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | GRANTS & OTHER ASSISTANCE 3,041,626 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XI, LINE 4B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XII, LINE 4B |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | ELIGIBILITY IS REVIEWED FOR ALL APPLICANTS. A STUDENT MUST BE A LAWFUL RESIDENT OF THE UNITED STATES, LIVE IN OKLAHOMA, 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; ATTEND AN OKLAHOMA PUBLIC SCHOOL WITH AN INDIVIDUALIZED EDUCATION PROGRAM. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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 LATER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE TAX RETURN WAS FORWARDED BY THE EXECUTIVE DIRECTOR TO ALL BOARD MEMBERS FOR THEIR REVIEW BEFORE THE RETURN WAS E-FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ALL ORGANIZING DOCUMENTS ARE AVAILABLE TO BE VIEWED BY THE PUBLIC GIVEN SUFFICIENT NOTICE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/TypeOfOrganizationCorpInd | 0 | X |
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| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 527553 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1831 E 71 STREET |
| IRS990/USAddress/CityNm | 0 | TULSA |
| IRS990/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990/USAddress/ZIPCd | 0 | 74136 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | OSFKIDS.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT SELLERS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9184914036 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-08-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | OPPORTUNITY SCHOLARSHIP FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OPPO |
| ReturnHeader/Filer/EIN | 0 | 464511347 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1831 E 71 STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TULSA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 74136 |
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| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 65.38.22.44 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-08-23 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 18:25:35 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 731528194 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CCK STRATEGIES PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8811 S YALE AVE STE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TULSA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 741373552 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9184914036 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-08-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFFREY A FRABLE CPA |
| ReturnHeader/ReturnTs | 0 | 2018-08-23T18:25:35-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.