2024-11-15T09:30:32-08:00 2023-12-31 271439588 Conklin Gilpin & Wertz PLLC 2738 E 51st Street Ste 370 Tulsa OK 74105 990 2023-01-01 464511347 Opportunity Scholarship Fund OPPO 9188772710 7633 E 63rd Place Ste 300 Tulsa OK 74133 Sarah Guardiola CEO 2024-11-15 true true D Brent Allison P01852667 9187490921 2023 2024-10-15 13:58:12Z Sarah Guardiola 5253796 false X www.osfkids.org X 2014 OK The Opportunity Scholarship Fund is a scholarship granting organization that provides scholarships to Oklahoma prek-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. 12 12 0 11 0 4901030 4580414 409380 516007 22236 156710 665 5332646 5253796 4901030 4580414 0 0 0 173802 495903 501154 5396933 5081568 -64287 172228 7198491 8105836 6703182 7438299 495309 667537 The Opportunity Scholarship Fund is a scholarship granting organization that provides scholarships to Oklahoma prek-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. false false 4748992 4580414 516007 The fund provides benefits for Oklahoma prek-12 students, families, schools, and donors. The fund emphasizes financial assistance for lower-income Oklahoma students in the form of scholarships. The fund assists accredited private prek-12 schools to build tuition scholarships with the benefit of state income tax credits. In 2023, approximately 1,565 scholarships were awarded to Oklahoma prek-12 students through participating schools. 4748992 true true false true false false false false true false false false false false false true true false false false false false false false false false false false true false false false false false false false false false true false false false false false false false false true 1 0 true 0 false false false false false false false 0 false false false false false false false X 12 12 false false false false false false false true true false false true true true true false false false false false OK X Sarah Guardiola 9188525601 7633 E 63rd Place Tulsa OK 74133 X X Holly Gerard Chair 5.00 0.00 X X 0 0 0 Mike Lapolla Vice Chair 5.00 0.00 X X 0 0 0 Chris Miller Secretary 5.00 0.00 X X 0 0 0 Charlie Daniels Director 1.00 0.00 X 0 0 0 Erin Howard-Hagan Director 1.00 0.00 X 0 0 0 Brittoni Lantz Director 1.00 0.00 X 0 0 0 Mike Mazzei Director 1.00 0.00 X 0 0 0 Hopper Smith Director 1.00 0.00 X 0 0 0 Todd Kolczun Director 1.00 0.00 X 0 0 0 Dan Newberry Director 1.00 0.00 X 0 0 0 James Reed Treasurer 5.00 0.00 X X 0 0 0 Brandon Dutcher Director 1.00 0.00 X 0 0 0 0 false false false Guardiola Consulting 4311 East 93rd Pl S Tulsa OK 74137 Mgmt Services 127000 1 4580414 194796 4580414 Administrative Fee Revenu 900099 516007 516007 516007 156710 156710 0 0 0 0 0 0 0 Other Revenue 900099 665 665 665 5253796 673382 0 4580414 4580414 0 0 0 0 0 0 0 0 0 41986 1300 40686 0 38100 38100 0 0 0 111018 111018 25519 4192 12401 8926 40109 35949 2375 1785 0 17273 17273 0 0 0 0 0 0 0 Contract Labor 207495 77295 78305 51895 Bad Debt 10316 10316 Other Expenses 5425 5247 178 Travel & Meals 3913 1426 2487 0 5081568 4748992 158774 173802 214965 81659 4539615 4919025 2443911 3104956 0 0 0 0 0 196 0 0 0 0 0 0 7198491 8105836 2500 2500 6700682 7435799 6703182 7438299 X 495309 667537 495309 667537 7198491 8105836 172228 X false true X true false X 3326176 3074711 3547167 4901030 4580414 19429498 0 0 3326176 3074711 3547167 4901030 4580414 19429498 5117 19424381 74074 11820 -849 22236 156710 263991 0 665 665 19694154 1728269 0.98630 0.95830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 38100 38100 3488488 3526588 326329 81582 false 312300 421927 421927 326329 1482483 2223725 34860 41603 41603 38100 156166 79553 78075 105482 81582 344692 517038 false true X X 673382 673382 4580414 4580414 5253796 501154 501154 4580414 4580414 5081568 Part IV, Line 2b: Explanation of escrow account liability These funds are held for future scholarship distributions to beneficiaries that have been designated by the donor. Part X : FIN48 Footnote OSF is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes is included in the financial statements. OSF is required to file annual information tax returns. The statute of limitations for both Federal and Oklahoma tax returns is three years; therefore, all tax returns filed over three years ago are no longer subject to examination.OSF evaluates its uncertain tax positions, if any, on a continual basis through review of their policies and procedures, review of their regular tax filings and discussions with outside experts. Management has determined that OSF had no uncertain tax positions that require adjustment to the financial statements. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S $4580414 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Distributions to designated beneficiary $4580414 false 0 0 Scholarships 1565 4580414 Direct Tuition Payments X 10 194796 false false false Form 990, Part VI, Section B, Line 11b The Organization's CEO reviews the return prior to distributing to all members of the board for approval prior to filing. Form 990, Part VI, Section B, Line 12c 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 delegated 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. Form 990, Part VI, Section C, Line 19 All organizing documents are available to be viewed by the public given sufficient notice. Form 990, Part VII, Section A Effective February 2024, the Organization's management consultant became an employee of the Organization as CEO.