Overview

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Est.

2019

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Opportunity Scholars is a nonprofit organization dedicated to supporting education and training pathways for students from low-income and ethnically underrepresented communities. With an operating budget of $519.4K and total revenue of $678.6K, the organization connects students and their families with K-12 schools, higher education providers, and local businesses, providing culturally appropriate coaching and academic support to help students achieve qualifications for high-paying jobs in priority workforce shortage areas. Opportunity Scholars does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to sustain its mission. For more information, visit opportunitiescholars.org.

Mission Statement

OPPORTUNITY SCHOLARS' MISSION IS TO SUPPORT EDUCATION AND TRAINING PATHWAYS FOR STUDENTS FROM LOW INCOME AND ETHNICALLY UNDERREPRESENTED COMMUNITIES. OPPORTUNITY SCHOLARS SERVES AS THE CONNECTION BETWEEN STUDENTS AND THEIR FAMILIES, K-12 SCHOOLS, HIGHER EDUCATION PROVIDERS AND LOCAL BUSINESSES. THROUGH CULTURALLY APPROPRIATE COACHING, ACADEMIC SUPPORT AND RISK-FREE FINANCING, OPPORTUNITY SCHOLARS HELPS STUDENTS ACHIEVE THE ACADEMIC AND TECHNICAL QUALIFICATIONS FOR GREAT JOBS IN THE PRIORITY WORKFORCE SHORTAGE AREAS WITHIN THE COMMUNITIES WE SERVE. BY HELPING STUDENTS GET HIGH PAYING JOBS WHILE TARGETING PRIORITY WORKFORCE DEVELOPMENT NEEDS, BOTH THE STUDENTS AND THEIR COMMUNITIES ACHIEVE TRANSFORMATIONAL IMPROVEMENT IN THEIR ECONOMIC STATUS AND A REDUCTION IN INCOME INEQUALITY.
Revenues
$678.6K
Expenses
$519.4K
Net Income:
+$159.2K
Assets
$2M
Liabilities
$986.2K
Net Assets:
+$1M
Operating Budget
$519.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
14
Median grant size
$11.1K
Largest grant received
$122K
R
Rachel Schaefer
Board Member
T
Tracy Fitzsimmons
Board Member
C
Conner Marsden
Board Member

Frequently Asked Questions

What is OPPORTUNITY SCHOLARS’s budget?
In 2024, OPPORTUNITY SCHOLARS reported an annual operating budget of around $519 thousand. More detailed financial information is available to registered users.
What causes does OPPORTUNITY SCHOLARS support?
OPPORTUNITY SCHOLARS supports work in Education and Youth organizing.
Where does OPPORTUNITY SCHOLARS operate?
OPPORTUNITY SCHOLARS is headquartered in Winchester, VA.
Who funded OPPORTUNITY SCHOLARS recently?
In 2025, OPPORTUNITY SCHOLARS received grants from The Carl L and Jossie P Biggs Charitable Trust, RAYMOND JAMES CHARITABLE ENDOWMENT FUND, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant OPPORTUNITY SCHOLARS received in 2024?
The largest grant to OPPORTUNITY SCHOLARS in 2024 exceeds $122 thousand.
What is OPPORTUNITY SCHOLARS’s reliance on government grants?
OPPORTUNITY SCHOLARS relied on government grants for more than 90% of their total revenue in 2024.