The Opportunity Plan Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 756020405 ✦ Canyon, TX ✦ Designated as a 501(c)(3)

Overview

What is The Opportunity Plan Inc?

The Opportunity Plan Inc, based in Canyon, Texas, is a dedicated nonprofit organization that primarily supports college students from the Texas Panhandle. Their mission is to aid students in achieving their educational goals by offering loans and scholarships. Through a thorough application review process and meetings with students, they assist over 400 individuals annually, ensuring that financial constraints do not hinder their academic pursuits.


Official website here: www.opportunityplan.com

Is The Opportunity Plan Inc legitimate?

The Opportunity Plan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Opportunity Plan Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,773

For more financial information, click here


Official website here: www.opportunityplan.com

What is the mission statement of The Opportunity Plan Inc?

The Opportunity Plan Inc's mission is centered around helping students achieve their educational goals. They accomplish this by providing loans and scholarships specifically for college education. This organization's mission is to assist students in overcoming financial barriers to higher education, enabling them to pursue their academic aspirations. By reviewing applications and meeting with students, they manage to support over 400 students annually, ensuring that a substantial number of individuals have the opportunity to further their education.


Official website here: www.opportunityplan.com

Who is the CEO of The Opportunity Plan Inc?

Tim Bynum is the Director of The Opportunity Plan Inc.


Official website here: www.opportunityplan.com

What is the revenue of The Opportunity Plan Inc?

The Opportunity Plan Inc's revenue in 2022 was $1,628,999.


Official website here: www.opportunityplan.com

Who are the executives of The Opportunity Plan Inc and what are their salaries?

Here are 25 key members and their salaries:

    Keith Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Baxter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Collier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jj Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Brock Lovett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meg O'Brien (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Singleton (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Bob Robinson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wiley Harp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Pierson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Schaeffer (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Warrick (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Chris Brady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Tripplehorn (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Currie Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janyth Bowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Patrick Hanford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Marrs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Horton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wes Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathryn Wright (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Larry Johnson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynda Tinsley (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.opportunityplan.com

    Where can I find the form 990 for The Opportunity Plan Inc?

    The The Opportunity Plan Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.opportunityplan.com

    Learn more at the official website: www.opportunityplan.com

    Mission Statement of The Opportunity Plan Inc

    The Opportunity Plan Inc, a nonprofit organization, is committed to assisting students in achieving their educational goals. They accomplish this mission by providing loans and scholarships for college education. This philanthropic endeavor enables numerous students, primarily from the Texas Panhandle, to pursue their higher education dreams. The process involves reviewing applications and engaging in discussions with the students themselves. The organization assists over 400 students annually, providing them with the financial support they need to further their education.

    Impact

    This information is meant to be a general summary of The Opportunity Plan Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Opportunity Plan Inc's impact can be seen in the lives of over 400 college students each year who are able to pursue their educational goals with the help of loans and scholarships provided by the organization. By offering financial assistance and support, The Opportunity Plan Inc is helping students from the Texas Panhandle region achieve their dreams of higher education, ultimately empowering them to build a brighter future for themselves and their communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $502,750
  • Program Service Revenue: $42,544
  • Gross Receipts: $1,629,078

    • Assets and Liabilities:
  • Total Assets: $30,135,499
  • Total Liabilities: $55,687
  • Net Assets: $30,079,812
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    STUDENT LOAN INTEREST

    Revenue

    $42,544

    Organization Details

    Founding Year

    1954

    Principal Officer

    Tim Bynum

    Main Address

    PO BOX 1035, CANYON, TX, 790151035

    NTEE Category

    Code: B82 - Education

    If you are a representative of The Opportunity Plan Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.