Overview
What is Opportunity America Educational Fund?
Opportunity America Educational Fund is a nonprofit organization headquartered in Washington D.C., specifically at 737 8th Street SE, STE 201. Their primary focus lies in conducting and disseminating research to enhance public understanding of economic opportunity and mobility barriers. This research aims to promote innovative thinking about expanding opportunities. The organization's twin goals include fostering a deeper public comprehension of mobility hurdles and encouraging progressive solutions. Their area of expertise includes community college workforce education, labor market demand for skilled technical workers, accountability for profit colleges, and reevaluating the conventional approach to K-12 education.
Official website here: www.opportunityamericaonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Opportunity America Educational Fund has received a Two-Star rating from Charity Navigator, indicating that the organization is facing challenges in accountability and financial transparency. With an overall score of 67%, the organization scored well in areas such as having a majority of independent board members and a favorable liabilities to assets ratio. However, significant weaknesses were noted, particularly in financial statements and governance policies.
The fund excels in program expense ratio, indicating that a high percentage of its expenses are allocated to its programs. Nonetheless, the organization received zero points in several critical areas such as conflict of interest policy, whistleblower policy, and document retention protocols. These deficiencies suggest potential governance issues that could affect stakeholder trust and operational integrity.
While Opportunity America Educational Fund demonstrates some strong aspects, such as board independence and low liabilities, the overall rating reflects serious concerns regarding its financial reporting and accountability practices. Addressing these weaknesses will be crucial for enhancing transparency and securing greater public confidence in the organization’s mission and operations.
This AI summary has been generated from information found on Charity Navigator.
Is Opportunity America Educational Fund legitimate?
Opportunity America Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity America Educational Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $167,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,123
For more financial information, click here
Official website here: www.opportunityamericaonline.org
What is the mission statement of Opportunity America Educational Fund?
The Opportunity America Educational Fund is dedicated to conducting and disseminating research aimed at educating the public about economic opportunity and mobility. Their twin goals are to foster a better public understanding of the barriers to mobility and promote innovative thinking about how to expand opportunities. Their research focuses on various areas such as community college workforce education, labor market demand for skilled technical workers, accountability for profit colleges, and new thinking about K-12 education.
Official website here: www.opportunityamericaonline.org
Who is the CEO of Opportunity America Educational Fund?
Tamar Jacoby is the President of Opportunity America Educational Fund.
Official website here: www.opportunityamericaonline.org
What is the revenue of Opportunity America Educational Fund?
Opportunity America Educational Fund's revenue in 2022 was $1,089,010.
Official website here: www.opportunityamericaonline.org
Who are the executives of Opportunity America Educational Fund and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $167,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.opportunityamericaonline.org
Where can I find the form 990 for Opportunity America Educational Fund?
Opportunity America Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.opportunityamericaonline.org
Learn more at the official website: www.opportunityamericaonline.org
Mission Statement of Opportunity America Educational Fund
Opportunity America Educational Fund, or OAEF, is an organization dedicated to conducting and disseminating research aimed at enlightening the public about economic opportunity and mobility. Their twin goals are to enhance the public's comprehension of the barriers to mobility and encourage innovative thinking regarding how to broaden opportunities. Through their research, OAEF focuses on various aspects of education, including community colleges, labor market demands for skilled technical workers, the accountability of for-profit colleges, and new perspectives on K-12 education. By engaging in this work, OAEF seeks to contribute to a more informed and proactive public discourse surrounding economic opportunity and mobility.
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Impact
July, 2024
Opportunity America Educational Fund conducts and disseminates research focusing on economic opportunity and mobility. Their work aims to educate the public about barriers to mobility and promote innovative solutions to expand opportunities. The organization's research is centered on community college workforce education, the labor market demand for skilled technical workers, accountability for profit colleges, and new approaches to K-12 education. Through their efforts, OAEF contributes to fostering better public understanding of key issues and encouraging new thinking in these critical areas.
This information is meant to be a general summary of Opportunity America Educational Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,089,010
Assets and Liabilities:
- Total Assets: $140,652
- Total Liabilities: $0
- Net Assets: $140,652
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Organization Details
Founding Year
2014
Principal Officer
Tamar Jacoby
Main Address
737 8TH STREET SE STE 201, WASHINGTON, DC, 20003
NTEE Category
Code: P20 - Human services
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