Nonprofit · EIN 46-4511347
OPPORTUNITY SCHOLARSHIP FUND
Tax-exempt · TULSA, OK 74133
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $5,253,796 | $5,081,568 | $172,228 | $8,105,836 | $7,438,299 | $667,537 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $4,580,414
- Program service revenue
- $516,007
- Investment income
- $156,710
- Other revenue
- $665
Expenses
- Grants and similar amounts paid
- $4,580,414
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $41,986
- Occupancy
- $17,273
- Program services (functional)
- $4,748,992
- Management and general (functional)
- $158,774
- Fundraising (functional)
- $173,802
Balance sheet and other
- Total assets, start of year
- $7,198,491
- Total assets, end of year
- $8,105,836
- Total liabilities, end of year
- $7,438,299
- Net assets, end of year
- $667,537
- Net assets without donor restrictions
- $667,537
- Gross receipts
- $5,253,796
- Employees
- 0
- Volunteers
- 11
- Year formed
- 2014
- State of legal domicile
- OK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Holly Gerard | Chair Trustee or director, Officer | 5 | $0 |
| Mike Lapolla | Vice Chair Trustee or director, Officer | 5 | $0 |
| Chris Miller | Secretary Trustee or director, Officer | 5 | $0 |
| Charlie Daniels | Director Trustee or director | 1 | $0 |
| Erin Howard-Hagan | Director Trustee or director | 1 | $0 |
| Brittoni Lantz | Director Trustee or director | 1 | $0 |
| Mike Mazzei | Director Trustee or director | 1 | $0 |
| Hopper Smith | Director Trustee or director | 1 | $0 |
| Todd Kolczun | Director Trustee or director | 1 | $0 |
| Dan Newberry | Director Trustee or director | 1 | $0 |
| James Reed | Treasurer Trustee or director, Officer | 5 | $0 |
| Brandon Dutcher | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7633 EAST 63RD PLACE, TULSA, OK 74133-1273
- Principal officer (990 for 2023)
- Sarah Guardiola
- Signed the 990
- Sarah Guardiola, CEO
- Phone
- (918) 877-2710
- Website
- www.osfkids.org
- Return prepared by
- Conklin Gilpin & Wertz PLLC
Mission
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.
Program accomplishments
- 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.Expenses $4,748,992 · grants $4,580,414 · revenue $516,007
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4511347
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $8,105,836
- Income (IRS master file)
- $5,253,796
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $5,253,796 | $5,081,568 | $8,105,836 | XML |
| 990 | December 2022 | $5,332,646 | $5,396,933 | $4,689,615 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4511347).
Questions about OPPORTUNITY SCHOLARSHIP FUND
- What is the EIN of OPPORTUNITY SCHOLARSHIP FUND?
- The employer identification number (EIN) of OPPORTUNITY SCHOLARSHIP FUND is 46-4511347.
- Is OPPORTUNITY SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to OPPORTUNITY SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OPPORTUNITY SCHOLARSHIP FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OPPORTUNITY SCHOLARSHIP FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OPPORTUNITY SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of OPPORTUNITY SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2023 names Sarah Guardiola.
- Who are the officers and directors of OPPORTUNITY SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2023 lists 12 people; 0 received compensation from the organization.
- How much revenue does OPPORTUNITY SCHOLARSHIP FUND have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $5,253,796, expenses of $5,081,568 and total assets of $8,105,836 at year end.
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