Civic Intelligence

The Opportunity Plan Inc

990 • Fiscal year 2015 • EIN 75-6020405

Aug 01, 2014 to Jul 31, 2015 • Filed on Dec 10, 2015

PO Box 1035Canyon, TX 79015-1035

(806) 655-2528

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

2nd percentile

0.00x

Higher debt load relative to assets than 2% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

3rd percentile

0.00x

Higher debt load relative to revenue than 3% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

8th percentile

$69,618

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

56th percentile

2.9%

Faster asset growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

88th percentile

39%

Faster revenue growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Up

$30,224,145

Up $853,250 (+2.9%) from 2014

Net Assets

Up

$30,223,030

Up $852,462 (+2.9%) from 2014

Liabilities

Up

$1,115

Up $788 (+241%) from 2014

Revenue

Up

$2,349,110

Up $660,379 (+39%) from 2014

Expenses

Up

$1,433,378

Up $59,299 (+4.3%) from 2014

Net Income

Up

$915,732

Up $601,080 (+191%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2012: $27,385,892Liabilities 2012: $845Net Assets 2012: $27,385,0472012Assets 2013: $28,415,546Liabilities 2013: $778Net Assets 2013: $28,414,7682013Assets 2014: $29,370,895Liabilities 2014: $327Net Assets 2014: $29,370,5682014Assets 2015: $30,224,145Liabilities 2015: $1,115Net Assets 2015: $30,223,0302015Assets 2016: $29,855,398Liabilities 2016: $50,184Net Assets 2016: $29,805,2142016Assets 2017: $29,859,018Liabilities 2017: $49,941Net Assets 2017: $29,809,0772017Assets 2018: $30,912,574Liabilities 2018: $50,365Net Assets 2018: $30,862,2092018Assets 2019: $31,128,699Liabilities 2019: $59,166Net Assets 2019: $31,069,5332019Assets 2020: $32,196,249Liabilities 2020: $50,995Net Assets 2020: $32,145,2542020Assets 2021: $34,328,715Liabilities 2021: $55,986Net Assets 2021: $34,272,7292021Assets 2022: $30,351,406Liabilities 2022: $53,353Net Assets 2022: $30,298,0532022Assets 2023: $31,228,504Liabilities 2023: $3,487Net Assets 2023: $31,225,0172023Assets 2024: $32,247,184Liabilities 2024: $3,985Net Assets 2024: $32,243,1992024

Highlighted filing

2015

Assets$30,224,145
Liabilities$1,115
Net Assets$30,223,030

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2012: $1,399,835Expenses 2012: $1,371,540Net Income 2012: $28,2952012Revenue 2013: $1,659,943Expenses 2013: $1,365,226Net Income 2013: $294,7172013Revenue 2014: $1,688,731Expenses 2014: $1,374,079Net Income 2014: $314,6522014Revenue 2015: $2,349,110Expenses 2015: $1,433,378Net Income 2015: $915,7322015Revenue 2016: $1,382,770Expenses 2016: $1,792,880Net Income 2016: -$410,1102016Revenue 2017: $1,694,136Expenses 2017: $1,629,029Net Income 2017: $65,1072017Revenue 2018: $2,766,184Expenses 2018: $1,633,404Net Income 2018: $1,132,7802018Revenue 2019: $1,792,511Expenses 2019: $1,722,624Net Income 2019: $69,8872019Revenue 2020: $1,349,548Expenses 2020: $1,822,999Net Income 2020: -$473,4512020Revenue 2021: $1,575,077Expenses 2021: $1,830,367Net Income 2021: -$255,2902021Revenue 2022: -$1,899,695Expenses 2022: $2,074,980Net Income 2022: -$3,974,6752022Revenue 2023: $2,869,153Expenses 2023: $1,962,387Net Income 2023: $906,7662023Revenue 2024: $2,223,879Expenses 2024: $2,031,492Net Income 2024: $192,3872024

Highlighted filing

2015

Revenue$2,349,110
Expenses$1,433,378
Net Income$915,732
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Dec 10, 2015
Return Version
2014v5.0
Gross Receipts
$2,681,926
Mission and Program Overview

Mission

To assist students in achieving their educational goals by providing loans and scholarships for college educations.

Provide loans and scholarships to college students

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$19,035,240$19,020,657▼ $14,583
Cash and Non-Interest-Bearing Accounts$5,186,039$6,613,325▲ $1,427,286
Other Notes and Loans Receivable, Net$3,243,383$2,644,419▼ $598,964
Savings and Temporary Cash Investments$1,789,357$1,789,084▼ $273
Land, Buildings, and Equipment, Net$57,037$78,153▲ $21,116
Prepaid Expenses and Deferred Charges$5,081$23,452▲ $18,371
Total Assets$29,370,895$30,224,145▲ $853,250
Other Assets Total$54,758$55,055▲ $297
Liabilities
Accounts Payable and Accrued Expenses$327$1,115▲ $788
Total Liabilities$327$1,115▲ $788
Net Assets / Fund Balance
Permanently Rstr Net Assets$17,434,485$18,637,840▲ $1,203,355
Unrestricted Net Assets$11,670,657$11,291,874▼ $378,783
Temporarily Rstr Net Assets$265,426$293,316▲ $27,890
Total Net Assets Fund Balance$29,370,568$30,223,030▲ $852,462
Total Liabilities and Net Assets / Fund Balance$29,370,895$30,224,145▲ $853,250

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$38,875$181,104$219,979
Equipment$31,778$101,763$133,541
Land$7,500-$7,500
Other Securities$19,020,657--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
M Keith BrownExecutive DirectorFT$69,618$69,618

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,510,970
Program Service Revenue
$116,020
Investment Income
$718,641
Other Revenue
$3,479
All Other Contributions
$1,510,970
Change in Net Assets
$915,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$963,564
Salaries, Compensation, and Employee Benefits$259,700
Other Expenses$210,114
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$963,564--$963,564
Other Salaries and Wages$34,595$69,296-$103,891
Current Officers, Directors, Trustees, and Key Employees$34,809$34,809-$69,618
Fees for Service Investment Mgmnt Fees-$61,224-$61,224
Other Employee Benefits$17,776$26,665-$44,441
Pension Plan Contributions$11,452$17,178-$28,630
Fees for Services Legal-$24,159-$24,159
Office Expenses-$20,824-$20,824
Information Technology-$16,428-$16,428
Insurance-$15,356-$15,356
Payroll Taxes$5,248$7,872-$13,120
Occupancy-$12,326-$12,326
Depreciation Depletion-$10,834-$10,834
Other Expenses-$10,181-$10,181
All Other Expenses-$2,468-$2,468
Travel-$865-$865
Total Functional Expenses$1,067,444$365,934$0$1,433,378
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
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 11

A copy of the tax return is provided to the executive committee and president prior to filing. The preparer goes over the return and answers any questions that arise. The return is then filed.

Form 990, Part VI, Section C, Line 19

Opi's governing documents and financial statements are available upon request by the public.

Filing and Contact Details

Filer

Filer Name
The Opportunity Plan Inc
EIN
75-6020405
Phone
8066552528
Address
PO BOX 1035, CANYON, TX 79015-1035

Signing Officer

Name
Cathryn Wright
Title
President
Phone
8066552528
Signed
2015-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathryn Wright
Formed
1954
Legal Domicile
TX
Voting Board Members
25
Independent Board Members
25
Employees
5
Volunteers
0

Preparer

Firm
Brown Graham & Company Pc
Address
PO BOX 20210, AMARILLO, TX 79114-2210
Preparer
David W Mooney CPA
Phone
8063558241
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24SEC/TREAS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0347962
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantAmt0963564
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0963564
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0963564
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0680778
IRS990/GrossReceiptsAmt02681926
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt016428
IRS990/InformationTechnologyGrp/TotalAmt016428
IRS990/InsuranceGrp/ManagementAndGeneralAmt015356
IRS990/InsuranceGrp/TotalAmt015356
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0370679
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0370679
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt019035240
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt019020657
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0282867
IRS990/LandBldgEquipBasisNetGrp/BOYAmt057037
IRS990/LandBldgEquipBasisNetGrp/EOYAmt078153
IRS990/LandBldgEquipCostOrOtherBssAmt0361020
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0332816
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST STUDENTS IN ACHIEVING THEIR EDUCATIONAL GOALS BY PROVIDING LOANS AND SCHOLARSHIPS FOR COLLEGE EDUCATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt029370568
IRS990/NetAssetsOrFundBalancesEOYAmt030223030
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0347962
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0347962
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-63270
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012326
IRS990/OccupancyGrp/TotalAmt012326
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020824
IRS990/OfficeExpensesGrp/TotalAmt020824
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt054758
IRS990/OtherAssetsTotalGrp/EOYAmt055055
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026665
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017776
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044441
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc2PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013176
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111807
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210466
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt310181
IRS990/OtherExpensesGrp/TotalAmt013176
IRS990/OtherExpensesGrp/TotalAmt111807
IRS990/OtherExpensesGrp/TotalAmt210466
IRS990/OtherExpensesGrp/TotalAmt310181
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03479
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03479
IRS990/OtherRevenueTotalAmt03479
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt069296
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt034595
IRS990/OtherSalariesAndWagesGrp/TotalAmt0103891
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03243383
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02644419
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07872
IRS990/PayrollTaxesGrp/ProgramServicesAmt05248
IRS990/PayrollTaxesGrp/TotalAmt013120
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017178
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011452
IRS990/PensionPlanContributionsGrp/TotalAmt028630
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt017434485
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt018637840
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05081
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023452
IRS990/PrincipalOfficerNm0CATHRYN WRIGHT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0116020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0116020
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01156548
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0878533
IRS990/PYInvestmentIncomeAmt0404809
IRS990/PYOtherExpensesAmt0207412
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0127374
IRS990/PYRevenuesLessExpensesAmt0314652
IRS990/PYSalariesCompEmpBnftPaidAmt0288134
IRS990/PYTotalExpensesAmt01374079
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01688731
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0915732
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01789357
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01789084
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01510970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01156548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01161036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0896257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01194129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05918940
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0370679
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0378304
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0373258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0363971
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0631447
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02117659
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0599662
IRS990ScheduleA/PublicOrganization170Ind0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.2$0.00$32.2$2.22$2.03$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$0.00$31.2$2.87$1.96$0.91
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.4$0.05$30.3$1.90$2.07$3.97
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.3$0.06$34.3$1.58$1.83$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.2$0.05$32.1$1.35$1.82$0.47
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.1$0.06$31.1$1.79$1.72$0.07
2018Summary only. Only limited summary data is available for this year.$30.9$0.05$30.9$2.77$1.63$1.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.9$0.05$29.8$1.69$1.63$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.9$0.05$29.8$1.38$1.79$0.41
2015Detailed filing. Detailed filing data is available for this year.$30.2$0.00$30.2$2.35$1.43$0.92
2014Detailed filing. Detailed filing data is available for this year.$29.4$0.00$29.4$1.69$1.37$0.31
2013Summary only. Only limited summary data is available for this year.$28.4$0.00$28.4$1.66$1.37$0.29
2012Summary only. Only limited summary data is available for this year.$27.4$0.00$27.4$1.40$1.37$0.03