The Opportunity Trust

Tax-deductible

St Louis, MO501(c)(3)Since 2017EducationEIN 82-1838644Revenue $21.6M in FY2025

On file with the IRStheopportunitytrust.org5501 Delmar Blvd Suite A300, 63112-3054 · St Louis, MOTax-exempt since Jul 2017Publicly supported charity — 170(b)(1)(A)(vi)

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Build a network of parents, educational entrepeneurs, and advocates committed to reimagining

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$1.5M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $211K a year · 2% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.5M
to officers and key staff · 7% of spending
Top officer’s pay higher than 83% of similar orgs
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $4K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21.6M
+71% vs prior year
Spent
$21.5M
To programs
96%
Net assets
$4.0M
By yearFY2020–FY2025
Revenue
$21.6M
FY2025▲ +71%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.2M
FY2021$8.0M
FY2022$10.9M
FY2023$14.0M
FY2024$12.6M
FY2025$21.6M
Expenses
$21.5M
FY2025▲ +53%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.7M
FY2021$7.5M
FY2022$10.5M
FY2023$12.8M
FY2024$14.1M
FY2025$21.5M
Net assets
$4.0M
FY2025▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.4M
FY2021$3.9M
FY2022$4.2M
FY2023$5.5M
FY2024$4.0M
FY2025$4.0M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $20.6M Management & general 4% · $939K Fundraising 0% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $1.5M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer
$428,406Pt VII · Sec A
$220,774Pt VII · Sec A
$196,290Pt VII · Sec A
$175,793Pt VII · Sec A
$174,341Pt VII · Sec A
$145,077Pt VII · Sec A
Employee
$137,301Pt VII · Sec A
$0Pt VII · Sec A

Eric Scroggins’s $428K as Chief Executive Officer is at the 83rd percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Eric Scroggins$428,406$375,356$375,156$347,304$359,110$337,500
Jesse Dixon$220,774$191,338$177,157$170,033——
Marcus Robinson—————$200,000
Brandi Chin$196,290$192,756————
Tanesia Lashay Simmons$174,341$176,928$166,739———
Rachel Donnice Powers$175,793$167,783$125,371———
Mia Howard————$162,650—
Amelia Corl—$159,089————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Opportunity Trust executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects parents, educators, and advocates to reshape education.

Provided by the organization

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3 programs · $19.1M · in their own filed words · FY2024
01

Our second strategic priority is focused on increasing access to world-class schools by growing the capacity of our most successful schools, launching new and innovative schools, strengthening existing schools with conditions for sustained success, and helping districts to methodically transform their lowest performing schools.

$11.8Mprogram expense
02

Our fifth strategic priority is administering the "expanding opportunities: missouri charter school program (CSP)" this is a U.S. Department of education grant with an approved budget of $35.5 million to help missouri expand opportunities for students to attend quality charter public schools.

$5.1Mprogram expense
03

Our first strategic priority is to elevate the voices of those most underserved by our school systems and empower families and students to design and drive change as part of a broad and diverse coalition.

$2.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$4K
Grants paid · 167 grants · $34.5M · 2019–2024
Believe SchoolsFY2024$1,488,050
Kairos AcademiesMO · FY2024$1,265,207
The Leadership SchoolMO · FY2024$991,848
St Louis Voices AcademyFY2024$842,131
Atlas Public SchoolsMO · FY2024$819,270
Friendly AcademyMO · FY2024$746,607
The Foundation for Barnes Jewish HospitalFY2024$740,000
Premier Charter SchoolMO · FY2024$714,750
Bridge 2 HopeFY2024$650,000
Momentum AcademyFY2024$497,200
Brookside Charter SchoolFY2024$376,187
The School District of University CityFY2024$353,850
Missouri Charter Public School AssociationFY2024$350,000
City Garden Montessori SchoolMO · FY2024$273,610
Teach St LouisMO · FY2024$239,500
Teach for America INCNY · FY2024$234,000
Navigate Stl SchoolsMO · FY2024$157,000
See all 167 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$21.6M
Ln 12
Gifts and grantsLn 1h$21.2M
Investment incomeLn 3$262K
Other incomeLn 4–11$76K
Money outPt IX
$21.5M
Ln 25
Programscol B$20.6M
Managementcol C$939K
Fundraisingcol D$18K
Owns and owesPt X
$4.0M
net assets · Ln 32
Cash and savingsLn 1–2$4.0M
Total assetsLn 16$4.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A7
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21.2M
Government grantsLn 1e$5.1M
Investment incomeLn 3$262K
Other incomeLn 4–11$76K
Total revenueLn 12$21.6M
Assets in detailPt X, end of year
CashLn 1$4.0M
Cash and savings togetherLn 1–2$4.0M
Land, buildings, equipmentLn 10c$39K
Other assetsLn 15$6K
Total assetsLn 16$4.0M
LiabilitiesLn 26$0
Net assetsLn 32$4.0M
OperationsPt I, VI
EmployeesI 519
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$3.9M$4.0M
Land, buildings, equipmentLn 10c$72K$39K
Total assetsLn 16$4.0M$4.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$4.0M$4.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12.9M$12.9M
Pay of current officers, directors and key staffLn 5$1.6M$1.5M$90K
Other salaries and wagesLn 7$1.3M$1.3M$69K
Pension plan contributionsLn 8$76K$72K$5K
Other employee benefitsLn 9$190K$169K$21K
Payroll taxesLn 10$218K$208K$11K
Legal feesLn 11b$44K$35K$9K
Accounting feesLn 11c$189K$28K$162K
Other fees for servicesLn 11g$3.6M$3.3M$258K
Advertising and promotionLn 12$114K$105K$9K
Office expensesLn 13$254K$168K$84K$1K
OccupancyLn 16$93K$93K−$12
TravelLn 17$331K$244K$70K$17K
Depreciation, depletion and amortizationLn 22$32K$32K
InsuranceLn 23$27K$13K$14K
Other expenses (24a–d)Ln 24$592K$580K$13K
Total functional expensesLn 25$21.5M$20.6M$939K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $21.6M$21.5M$42K$4.0M 990 PDF
FY2024 $12.6M$14.1M−$1.5M$4.0M 990 PDF
FY2023 $14.0M$12.8M$1.3M$5.5M 990 PDF
FY2022 $10.9M$10.5M$454K$4.2M 990 PDF
FY2021 $8.0M$7.5M$480K$3.9M 990 PDF
FY2020 $7.2M$6.7M$504K$3.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $21,580,942 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,325,965$21,242,340
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $274,971$262,196
I-11 Other revenuePrior year $0$76,406
I-12 Total revenuePrior year $12,600,936$21,580,942
I-13 Grants and similar amounts paidPrior year $5,934,504$12,889,499
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,598,805$3,373,483
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,556,556$5,275,909
I-18 Total expensesPrior year $14,089,865$21,538,891
I-19 Revenue less expensesPrior year −$1,488,929$42,051
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $21,580,942 across 6 lines filed
VIII-1e Government grants$5,101,980
VIII-1f All other contributions, gifts and grants$16,140,360
VIII-1h Total contributions, gifts and grants$21,242,340
VIII-3 Investment incomeExcluded from tax $262,196$262,196
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $76,406$76,406
VIII-12 Total revenueRelated to mission $76,406 · Unrelated business $0 · Excluded from tax $262,196$21,580,942
Part IX · Statement of functional expenses $21,538,891 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $12,889,499$12,889,499
IX-5 Pay of current officers, directors and key staffPrograms $1,477,982 · Management $90,129$1,568,111
IX-7 Other salaries and wagesPrograms $1,251,607 · Management $68,701$1,320,308
IX-8 Pension plan contributionsPrograms $71,513 · Management $4,882$76,395
IX-9 Other employee benefitsPrograms $168,807 · Management $21,409$190,216
IX-10 Payroll taxesPrograms $207,653 · Management $10,800$218,453
IX-11b Legal feesPrograms $35,150 · Management $8,729$43,879
IX-11c Accounting feesPrograms $27,911 · Management $161,503$189,414
IX-11g Other fees for servicesPrograms $3,341,097 · Management $258,260$3,599,357
IX-12 Advertising and promotionPrograms $105,463 · Management $8,652$114,115
IX-13 Office expensesPrograms $168,443 · Management $83,985 · Fundraising $1,117$253,545
IX-16 OccupancyManagement $92,853 · Fundraising −$12$92,841
IX-17 TravelPrograms $244,464 · Management $69,734 · Fundraising $16,579$330,777
IX-22 Depreciation, depletion and amortizationManagement $32,417$32,417
IX-23 InsurancePrograms $13,113 · Management $14,247$27,360
IX-24 Other expenses (24a–d)Programs $579,597 · Management $12,607$592,204
IX-25 Total functional expensesPrograms $20,582,299 · Management $938,908 · Fundraising $17,684$21,538,891
Part X · Balance sheet $4,041,644 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $3,921,884$3,996,352
X-10c Land, buildings and equipment, netStart of year $71,617$39,200
X-15 Other assetsStart of year $6,092$6,092
X-16 Total assetsStart of year $3,999,593$4,041,644
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $3,999,593$3,541,644
X-28 Net assets with donor restrictions$500,000
X-32 Total net assets or fund balancesStart of year $3,999,593$4,041,644
X-33 Total liabilities and net assetsStart of year $3,999,593$4,041,644
Part XI · Reconciliation of net assets $4,041,644 net assets at year end
XI-1 Total revenue$21,580,942
XI-2 Total expenses$21,538,891
XI-3 Revenue less expenses$42,051
XI-4 Net assets at start of year$3,999,593
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,041,644

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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