Opportunity Scholars
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 308,000 | 88,245 | 219,755 | 30.4 | 79% |
| 2021 | 656,768 | 169,173 | 487,595 | 50.5 | 69% |
| 2022 | 412,077 | 275,998 | 136,079 | 36.8 | 54% |
| 2023 | 480,827 | 669,859 | −189,032 | 11.2 | 47% |
In its most recent public year (2023), this organization spent $189,032 more than it brought in. Its reserves stood at about 11.2 months of spending, down from 30.4 in 2020. Staff pay was 47% of spending. $114,097 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 2023. 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
Opportunity Scholars's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works