Disable all preview features

Education : Scholarship and Financial Support

Memphis Opportunity Scholarship Trust

three stars

88.98

1000 Ridgeway Loop Road Suite 205
Memphis, TN 38120
tel: (901) 842-5327   Web Site
EIN: 62-1723618

Board Leadership
Robert M. Solmson
Board Chair

CEO
Leanne McQuown
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 88.98 three stars
  Financial 84.95 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The mission of MOST is to give Memphis-area families the opportunity to send their children to the schools of their choice. To fulfill its mission, MOST offers partial need-based scholarships, beginning in PK3 through grade 1, for qualified families who wish to send their children to private or parochial schools. Families who qualify financially may apply for a scholarship for their preschooler, kindergartner, first-grader, or special-needs child.

The mission of MOST is to give Memphis-area families the opportunity to send their children to the schools of their choice. To fulfill its mission, MOST offers partial need-based scholarships, beginning in PK3 through grade 1, for qualified families who wish to send their children to private or parochial schools. Families who qualify financially may apply for a scholarship for their preschooler, kindergartner, first-grader, or special-needs child.

Impact Information

data icon Looking for Impact Information?

Charity Navigator is collaborating with GuideStar, GlobalGiving, Classy, and ImpactMatters to display impact-related information on our rated profile pages. Each partner collects this data directly from nonprofits and provides updates to Charity Navigator when available.

If you are interested in seeing this charity provide its impact information, please click below. This will indicate your interest and encourage the nonprofit to share data with partners that are currently collecting information.

Financial

three stars

84.95

Accountability & Transparency

four stars

96.00

This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.7%
  Administrative Expenses 19.5%
  Fundraising Expenses 5.6%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 4.40
  Program Expenses Growth 0.4%
  Liabilities to Assets < 0.1%
All data for Financial Performance Metrics calculations was provided by Memphis Opportunity Scholarship Trust on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Memphis Opportunity Scholarship Trust on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Memphis Opportunity Scholarship Trust (TN) 88.98 three stars
North Carolina Agricultural Foundation (NC) 94.86 four stars
Scholarship Foundation of Santa Barbara (CA) 91.88 four stars
UNCF (DC) 88.22 three stars
Take Stock in Children Palm Beach County (FL) 91.59 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,806,366
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $106,426
   Related Organizations $0
   Government Grants $0
Total Contributions $3,912,792
   Program Service Revenue $0
Total Primary Revenue $3,912,792
   Other Revenue $29,820
TOTAL REVENUE $3,942,612
   
EXPENSES  
   Program Expenses $994,197
   Administrative Expenses $299,725
   Fundraising Expenses $68,075
TOTAL FUNCTIONAL EXPENSES $1,361,997
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,580,615
   
Net Assets $6,196,410

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarships and Grants $994,197 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 11/01/2019 88.98 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 62-1723618
Name in IRS Master File MEMPHIS OPPORTUNITY SCHOLARSHIP TR INC
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(40) Scholarships (other)
(43) Other student aid
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1998
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$111,240 8.16% Amanda Rough Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Memphis Opportunity Scholarship Trust (TN) 88.98 three stars
Extra Mile Education Foundation (PA) 87.71 three stars
District of Columbia College Access Program (DC) 86.80 three stars
Evans Scholars Foundation (IL) 90.98 four stars
Association of Waldorf Schools of North America (CO) 88.57 three stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

Memphis Opportunity Scholarship Trust
1000 Ridgeway Loop Road
Suite 205
Memphis, TN 38120
tel: (901) 842-5327
fax: (901) 842-5331
EIN: 62-1723618

Visit Web Site

Board Leadership

Robert M. Solmson
Board Chair

CEO

Leanne McQuown
Executive Director

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.