Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
91 cents of each dollar spent went to programs.
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; $37K paid to officers and key staff.
Rachel Schaefer’s $54K as Former Director is at the 43rd percentile of top reported officer pay among 1992 $100K–1M youth development 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 · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Rachel Schaefer | $53,636 | $132,290 | — | — |
| Julie Overbaugh | — | — | $37,477 | $19,962 |
| Lorna Martinez Magill | — | — | — | $19,872 |
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.
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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 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Connects underserved students with education, training, and jobs.
Questions for Opportunity Scholars
Your first name shows with your question. Opportunity Scholars answers here, for everyone.
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Isa program expenses
Isa Programs
Tuition assistance provided
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $873K | $836K |
| Land, buildings, equipmentLn 10c | $674 | $506 |
| Total assetsLn 16 | $923K | $939K |
| LiabilitiesLn 26 | $76K | $313K |
| Net assetsLn 32 | $847K | $626K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $314K | $299K | $8K | $8K |
| Management feesLn 11a | $71K | $51K | $21K | |
| Advertising and promotionLn 12 | $12K | $11K | $1K | |
| Office expensesLn 13 | $11K | $9K | $1K | |
| OccupancyLn 16 | $18K | $18K | ||
| InterestLn 20 | $1K | $1K | ||
| Depreciation, depletion and amortizationLn 22 | $168 | $168 | ||
| InsuranceLn 23 | $5K | $4K | $1K | |
| Other expenses (24a–d)Ln 24 | $236K | $219K | $18K | |
| All other expensesLn 24e | $664 | $664 | ||
| Total functional expensesLn 25 | $670K | $610K | $52K | $8K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $854K | $671K | $183K | $1.2M | 990 PDF |
| FY2024Filed with the IRS May 21, 2025 | $679K | $519K | $159K | $1.0M | 990 PDF |
| FY2023 ViewingFiled with the IRS Jul 31, 2024 | $481K | $670K | −$189K | $626K | 990 PDF |
| FY2022Filed with the IRS Oct 16, 2023 | $412K | $276K | $136K | $847K | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $657K | $169K | $488K | $711K | 990 PDF |
| FY2020Filed with the IRS May 21, 2021 | $308K | $88K | $220K | $224K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $480,827 revenue, 12 lines filed
Part VI · Governance 13 of 13 board members independent, 2 to look at
Part VIII · Statement of revenue $480,827 across 4 lines filed
Part IX · Statement of functional expenses $669,859 across 10 lines filed
Part X · Balance sheet $938,612 assets, 15 lines filed
Part XI · Reconciliation of net assets $625,503 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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