Overview
What is Educational Opportunities Inc?
Educational Opportunities Inc, located in Dallas, Texas, is a nonprofit organization that focuses on providing educational opportunities to economically disadvantaged students from the Dallas Independent School District. Through scholarship grants, this organization aims to support 58 college-level students by offering financial assistance and counseling to facilitate their academic transitions beyond high school. The mission of Educational Opportunities Inc is multifaceted, encompassing not only financial aid but also offering guidance and support to help these students navigate their higher education journey effectively.
Official website here: www.educationalopportunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Educational Opportunities Inc has received an 88% overall score from Charity Navigator, reflecting its strong performance in impact and measurement, where it achieved a perfect score of 100. This highlights the organization's effectiveness in delivering scholarships and enhancing student success. Strengths also include a high program expense ratio of 83.12%, indicating that a significant portion of funds is directed towards its mission.
The organization boasts a fully independent board, comprising 40 members, which contributes to its accountability. However, there are some areas for improvement, particularly in governance policies. The nonprofit is missing a whistleblower policy and a document retention and destruction policy, which are critical for maintaining transparency and accountability. Additionally, the absence of posted tax forms on the nonprofit's website raises concerns regarding accessibility of financial information.
Educational Opportunities Inc aims to significantly enhance the income of scholarship recipients while fostering a dedicated board committed to mentoring students. The organization is also focused on incorporating technology to improve operational efficiency. Despite some governance shortcomings, the nonprofit's strong impact metrics and community engagement underscore its commitment to supporting students effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Educational Opportunities Inc legitimate?
Educational Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Opportunities 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.
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Official website here: www.educationalopportunities.org
What is the mission statement of Educational Opportunities Inc?
Educational Opportunities Inc is dedicated to providing educational opportunities for economically disadvantaged students pursuing higher education. This is achieved through the provision of scholarships and financial aid. The corporation also offers counseling and guidance as part of a comprehensive program to assist these students in navigating their academic transitions beyond high school. The mission of Educational Opportunities Inc is to empower these students, thereby broadening their access to quality education.
Official website here: www.educationalopportunities.org
What is the revenue of Educational Opportunities Inc?
Educational Opportunities Inc's revenue in 2024 was $770,477.
Official website here: www.educationalopportunities.org
Who are the executives of Educational Opportunities Inc and what are their salaries?
Here are 44 key members and their salaries:
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Official website here: www.educationalopportunities.org
Where can I find the form 990 for Educational Opportunities Inc?
Educational Opportunities Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.educationalopportunities.org
Learn more at the official website: www.educationalopportunities.org
Mission Statement of Educational Opportunities Inc
Educational Opportunities Inc, a nonprofit organization, is committed to providing educational opportunities for economically disadvantaged boys and girls pursuing higher education. This is achieved through the provision of scholarships and financial assistance, allowing these students to attend accredited educational institutions at the college level. Beyond financial aid, the corporation also offers counsel and guidance as part of a comprehensive program to assist these students in navigating their academic transitions beyond high school. This holistic approach aims to empower these individuals, enabling them to make the most of their educational opportunities and prepare for successful futures.
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Impact
July, 2024
Educational Opportunities Inc has a significant impact on economically disadvantaged students by providing them with scholarship grants and financial assistance. This enables students from the Dallas Independent School District to pursue higher education at accredited institutions at the college level. Additionally, the organization offers counseling and guidance to support these students in their academic transition beyond high school. By focusing on educational opportunities, Educational Opportunities Inc is helping to empower disadvantaged boys and girls to achieve their academic and career goals, ultimately contributing to their personal growth and success.
This information is meant to be a general summary of Educational Opportunities Inc. 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 2024.
- Investment Income: $66,859
- Gross Receipts: $1,426,833
Assets and Liabilities:
- Total Assets: $3,604,386
- Total Liabilities: $1,529
- Net Assets: $3,602,857
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Organization Details
Founding Year
1965
Principal Officer
Montgomery Kaysie
NTEE Category
Code: B192 - Education
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