Overview
What is Opportunity Scholars?
Opportunity Scholars is a nonprofit organization dedicated to empowering students from low-income and underrepresented communities. By serving as a bridge between students, their families, schools, and higher education institutions, the organization offers tuition assistance and support through its Isa programs. Opportunity Scholars utilizes culturally appropriate coaching, academic assistance, and risk-free financing to help students acquire the necessary qualifications for well-paying jobs in priority workforce shortage areas. This collaborative approach aims to improve the economic status and reduce income inequality within the communities they serve.
Official website here: www.opportunityscholars.org
Is Opportunity Scholars legitimate?
Opportunity Scholars is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Scholars 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,871
For more financial information, click here
Official website here: www.opportunityscholars.org
What is the mission statement of Opportunity Scholars?
Opportunity Scholars is an organization dedicated to supporting the education and career development of students from disadvantaged and underrepresented communities. It serves as a bridge between students, their families, schools, higher education providers, and local businesses. Through culturally sensitive coaching, academic support, and risk-free financing, Opportunity Scholars helps students acquire the necessary qualifications for well-paying jobs in priority workforce shortage areas within the communities they serve. By facilitating high-paying employment opportunities while addressing critical workforce development needs, both the students and their communities experience significant economic improvement and a reduction in income inequality.
Official website here: www.opportunityscholars.org
Who is the CEO of Opportunity Scholars?
J Knox Singleton is the Director of Opportunity Scholars. The CEO's salary of Opportunity Scholars is $0 and their total compensation is $0.
Official website here: www.opportunityscholars.org
What is the revenue of Opportunity Scholars?
Opportunity Scholars's revenue in 2022 was $412,077.
Official website here: www.opportunityscholars.org
Who are the executives of Opportunity Scholars and what are their salaries?
The average compensation at Opportunity Scholars during 2022 was $16,652. There are 9 employees at Opportunity Scholars.
Here are 12 key members and their salaries (Opportunity Scholars's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $19,962
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- Compensation: $19,872
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Official website here: www.opportunityscholars.org
Where can I find the form 990 for Opportunity Scholars?
Opportunity Scholars's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.opportunityscholars.org
Learn more at the official website: www.opportunityscholars.org
Mission Statement of Opportunity Scholars
Opportunity Scholars, a mission-driven organization, is committed to supporting education and training pathways for students hailing from low-income and ethnically underrepresented communities. Acting as a bridge between students, their families, K-12 schools, higher education providers, and local businesses, Opportunity Scholars strives to empower these students by providing culturally appropriate coaching, academic support, and risk-free financing.
The primary goal of Opportunity Scholars is to help students attain the academic and technical qualifications needed for high-paying jobs in priority workforce shortage areas within the communities they serve. By doing so, they aim to facilitate both the students' personal growth and their communities' economic transformation, ultimately contributing to a reduction in income inequality. Opportunity Scholars' approach to education and workforce development is holistic, encompassing not only academic support but also cultural sensitivity and risk-free financial assistance. By fostering an environment that encourages success and growth, Opportunity Scholars is instrumental in equipping students with the tools needed to overcome barriers and achieve their full potential.
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Impact
October, 2024
Opportunity Scholars significantly impacts students from low-income and ethnically underrepresented communities by providing essential support for education and career pathways. The initiative creates connections among students, their families, K-12 schools, higher education institutions, and local businesses, fostering a well-rounded support system that enhances educational outcomes.
Through culturally responsive coaching and academic support, students receive the guidance necessary to navigate their educational journeys effectively. Additionally, the provision of risk-free financing options, including tuition assistance, alleviates financial barriers, allowing students to pursue their academic and technical qualifications without the burden of debt.
By focusing on high-paying jobs in priority workforce shortage areas, Opportunity Scholars not only aids students in securing meaningful employment but also contributes to broader community benefits. This dual approach results in transformational improvements in economic status for both individuals and their communities, while actively addressing and reducing income inequality.
This information is meant to be a general summary of Opportunity Scholars. 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: $412,077
Assets and Liabilities:
- Total Assets: $923,295
- Total Liabilities: $75,867
- Net Assets: $847,428
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Organization Details
Founding Year
2019
Phone
(540) 931-1084Principal Officer
J Knox Singleton
Main Address
918 S BRADDOCK STREET, WINCHESTER, VA, 22601
Website
www.opportunityscholars.orgNTEE Category
Code: O50 - Youth development
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