Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Fair Opportunity Project
990EZ • Fiscal year 2024 • EIN 82-2192047
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
57th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 25.2% of source-year revenue.
Asset Growth
89th percentile
Faster asset growth than 89% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Up$28,411
Up $11,797 (+71%) from 2023
Net Assets
Up$28,411
Up $11,997 (+73%) from 2023
Liabilities
Down$0
Down $200 (-100%) from 2023
Revenue And Expenses
Revenue
Down$176,697
Down $23,279 (-12%) from 2023
Expenses
Up$245,872
Up $50,761 (+26%) from 2023
Net Income
Down-$69,175
Down $74,040 (-1522%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2023 to May 31, 2024
- Signed
- Dec 10, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $176,697
Mission and Program Overview
Mission
The mission of the organization is to empower students to access and afford college.
Develop and update a comprehensive college application and financial aid guide that is freely available on the website and shared on social media and digital publications.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DEVELOP AND UPDATE A COMPREHENSIVE COLLEGE APPLICATION AND FINANCIAL AID GUIDE THAT IS FREELY AVAILABLE ON THE WEBSITE AND SHARED ON SOCIAL MEDIA AND DIGITAL PUBLICATIONS. MENTOR PROGRAM THAT MATCHES HIGH SCHOOL STUDENTS WITH NEAR-PEER MENTORS. | $165,211 | $161,711 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LUKE HEINE | President & CEO | PT | $44,525 | - | $44,525 |
| CAROLE TRONE | Executive Director | PT | $41,226 | - | $41,226 |
| COLE C SCANLON | President & CEO | PT | $29,675 | - | $29,675 |
| JULIE VULTAGGIO | Director | - | $0 | - | - |
| MARGARITA AVILA | Director | - | $0 | - | - |
| CHARLIE MAYNARD | CEO | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Fair Opportunity Project Inc
- EIN
- 82-2192047
- Phone
- 7185522705
- Address
- 821 E WASHINGTON AVE, MADISON, WI 53703
Signing Officer
- Name
- Carole Trone
- Title
- Director
- Phone
- 7185522705
- Signed
- 2024-12-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Jk Anf LLC
- Address
- 5900 BALCONES DR STE 12303, AUSTIN, TX 78731
- Preparer
- Hyungil Kim
- Phone
- 5125980506
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: PAYROLL TAXES. Amount: 6775. Description: SOFTWARE & SUBSCRIPTIONS. Amount: 9527. Description: ACH FEES. Amount: 3. Description: TRAINING/PROFESSIONAL DEV. Amount: 749. Description: BANK FEES. Amount: 2742. Description: SALES & MARKETING. Amount: 94. Description: MEALS. Amount: 251. Description: TRAVEL. Amount: 2594. Description: ADVERTISING. Amount: 5705. Description: OFFICE EXPENSE. Amount: 380. Description: VEHICLE EXPENSE. Amount: 12. Total to Form 990-EZ, line 16: 28832.”
Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
“Description: UNREPORTED NET ASSETS. Amount: 81172.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: CREDIT CARD. Beg. of Year Amount: 0. End of Year Amount: 344.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: CREDIT CARD. Beg. of Year Amount: 200. End of Year Amount: 0.”
Raw XML Appendix162 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CAROLE TRONE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7185522705 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 821 E WASHINGTON AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MADISON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 53703 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 16614 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 28067 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 176697 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -69175 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 32417 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 16614 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 28411 |
| IRS990EZ/GrossReceiptsAmt | 0 | 176697 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 16414 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 28411 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 16414 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 28411 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 13.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 13.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 13.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 41226 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 44525 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 29675 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JULIE VULTAGGIO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARGARITA AVILA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CAROLE TRONE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LUKE HEINE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | COLE C SCANLON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | CHARLIE MAYNARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | EXECUTIVE DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT & CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | PRESIDENT & CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | CEO |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 344 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 81172 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 28832 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | DEVELOP AND UPDATE A COMPREHENSIVE COLLEGE APPLICATION AND FINANCIAL AID GUIDE THAT IS FREELY AVAILABLE ON THE WEBSITE AND SHARED ON SOCIAL MEDIA AND DIGITAL PUBLICATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DEVELOP AND UPDATE A COMPREHENSIVE COLLEGE APPLICATION AND FINANCIAL AID GUIDE THAT IS FREELY AVAILABLE ON THE WEBSITE AND SHARED ON SOCIAL MEDIA AND DIGITAL PUBLICATIONS. MENTOR PROGRAM THAT MATCHES HIGH SCHOOL STUDENTS WITH NEAR-PEER MENTORS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 165211 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 161711 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 184623 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | WI |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 200 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 245872 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 161711 |
| IRS990EZ/TotalRevenueAmt | 0 | 176697 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.fairopportunityproject.org/ |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 176697 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 199976 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 58744 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 435417 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 435417 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 176697 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 199976 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 58744 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 435417 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 176697 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 199976 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 58744 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 435417 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: PAYROLL TAXES. Amount: 6775. Description: SOFTWARE & SUBSCRIPTIONS. Amount: 9527. Description: ACH FEES. Amount: 3. Description: TRAINING/PROFESSIONAL DEV. Amount: 749. Description: BANK FEES. Amount: 2742. Description: SALES & MARKETING. Amount: 94. Description: MEALS. Amount: 251. Description: TRAVEL. Amount: 2594. Description: ADVERTISING. Amount: 5705. Description: OFFICE EXPENSE. Amount: 380. Description: VEHICLE EXPENSE. Amount: 12. Total to Form 990-EZ, line 16: 28832. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: UNREPORTED NET ASSETS. Amount: 81172. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: CREDIT CARD. Beg. of Year Amount: 0. End of Year Amount: 344. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: CREDIT CARD. Beg. of Year Amount: 200. End of Year Amount: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CAROLE TRONE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7185522705 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-12-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FAIR OPPORTUNITY PROJECT INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FAIR |
| ReturnHeader/Filer/EIN | 0 | 822192047 |
| ReturnHeader/Filer/PhoneNum | 0 | 7185522705 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 821 E WASHINGTON AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MADISON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 53703 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 861758869 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JK ANF LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5900 BALCONES DR STE 12303 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 78731 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5125980506 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-12-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HYUNGIL KIM |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2024-12-10T16:19:26-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-05-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $28,411
- Liabilities
- $0
- Net assets
- $28,411
- Revenue
- $176,697
- Expenses
- $245,872
- Net income
- -$69,175