Columbus Opportunity Scholarship Fund

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

EIN: 881952902 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Columbus Opportunity Scholarship Fund?

The Columbus Opportunity Scholarship Fund is a nonprofit organization that focuses on providing academic scholarships to low-income students attending primary and secondary schools. In its inaugural year, the fund successfully raised funds for two schools, Akili Christian High School and Harambee Christian School, contributing $21,008 and $32,072, respectively. Furthermore, an additional $30,461 in non-designated funds was set aside for future scholarship requests from these schools in 2023. The fund's mission is to empower disadvantaged students, thereby enhancing their educational opportunities.


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Is Columbus Opportunity Scholarship Fund legitimate?

Columbus Opportunity Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbus Opportunity Scholarship Fund submitted a form 990EZ, 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: $0

For more financial information, click here


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What is the mission statement of Columbus Opportunity Scholarship Fund?

The Columbus Opportunity Scholarship Fund focuses on providing academic scholarships to low-income primary and secondary school students. During its initial year, it managed to raise funds for Akili Christian High School and Harambee Christian School, totaling $53,140, with an additional $30,461 set aside for 2023 based on future scholarship requests from these schools. In essence, the fund's mission is to support the educational aspirations of economically disadvantaged students, thereby enhancing their access to quality education.


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What is the revenue of Columbus Opportunity Scholarship Fund?

Columbus Opportunity Scholarship Fund's revenue in 2023 was $283,530.


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Who are the executives of Columbus Opportunity Scholarship Fund and what are their salaries?

Here are 3 key members and their salaries:


Vince Alger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Gordon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Steinman (Boardchair)
  • Compensation: $0
  • Related: $0
  • Other: $0


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Where can I find the form 990 for Columbus Opportunity Scholarship Fund?

Columbus Opportunity Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.


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Mission Statement of Columbus Opportunity Scholarship Fund

The Columbus Opportunity Scholarship Fund is committed to extending academic scholarships to economically disadvantaged primary and secondary school students. In its initial phase, the organization managed to gather funds of $21,008 for Akili Christian High School and $32,072 for Harambee Christian School. Moreover, it also collected an additional $30,461 in undesignated funds, set to be distributed in 2023, contingent upon scholarship requests from these two schools. The primary mission of the Columbus Opportunity Scholarship Fund is to provide educational opportunities for underprivileged students, aiming to contribute to their overall growth and success.

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Impact




October, 2024

The Columbus Opportunity Scholarship Fund significantly enhances educational access for low-income primary and secondary school students. By focusing on academic scholarships, the fund has made a tangible impact in its inaugural year, raising a total of $83,541. This includes $21,008 specifically for Akili Christian High School and $32,072 for Harambee Christian School. Additionally, $30,461 has been allocated as non-designated funds, which will be distributed based on scholarship requests from these schools in 2023.

Through these financial contributions, the fund not only alleviates tuition burdens for families in need but also supports the mission of these educational institutions to provide quality education. By prioritizing these scholarships, the Columbus Opportunity Scholarship Fund plays a crucial role in empowering students to pursue their academic goals, ultimately fostering a more equitable educational landscape in Columbus, Ohio.




This information is meant to be a general summary of Columbus Opportunity Scholarship 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.

Revenue
$283,530 (2023)
Expenses
$168,540 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $179
  • Gross Receipts: $283,530

Assets and Liabilities:

  • Total Assets: $83,278
  • Total Liabilities: $0
  • Net Assets: $83,278

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Organization Details

Principal Officer

Andy Steinman

NTEE Category

Code: B82 - Education

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