everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Memphis Opportunity Scholarship Tr Inc

Memphis, TN / EIN 62-1723618 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20122,726,9231,151,6621,575,26137.99%
2013826,7471,152,857−326,11035.216%
2014678,4231,129,019−450,59632.316%
20151,453,7131,246,488207,22530.117%
20161,086,1411,508,240−422,09921.514%
20172,178,3211,354,097824,22431.917%
20183,942,6121,361,9972,580,61554.68%
20191,132,3581,367,465−235,10752.518%
2020695,8171,213,763−517,94653.721%
2021634,6441,242,943−608,29946.419%
20223,879,0811,372,1462,506,93561.915%
20231,847,4861,403,489443,99764.118%
20241,799,5791,546,743252,83660.719%

In its most recent public year (2024), this organization brought in $252,836 more than it spent. Its reserves stood at about 60.7 months of spending, up from 37.9 in 2012. Staff pay was 19% of spending. $767,414 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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