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MEMPHIS OPPORTUNITY SCHOLARSHIP TR INC

EIN 62-1723618 MEMPHIS, TN

Revenue 2023
$1,799,579
Expenses 2023
$1,546,743

Program services were 71.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B82
Classification
1000
Street
1000 RIDGEWAY LOOP RD STE 100

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

Mission

OUR MISSION IS TO GIVE PARENTS THE OPPORTUNITY TO CHOOSE THE MOST APPROPRIATE SCHOOL FOR THEIR CHILDREN. BY PROVIDING EDUCATIONAL OPPORTUNITIES TO FAMILIES IN NEED, MOST SEEKS TO PROMOTE EXCELLENCE IN EDUCATION.

Activities or mission (Part I)

PROVIDE EDUCATIONAL OPPORTUNITIES AND ASSISTANCE TO CHILDREN WHO ARE UNABLE TO ACHIEVE THE SAME OR HAVE DIFFICULTY DOING SO FOR FINANCIAL REASONS. THE MAIN FORM OF ASSISTANCE PROVIDED BY MOST IS SCHOLARSHIPS TO HELP STUDENTS FROM LOW-INCOME FAMILIES HAVE THE OPPORTUNITY TO ATTEND PRIVATE SCHOOLS IN THE MEMPHIS AREA THAT CHARGE TUITION.

  • PROVIDE EDUCATIONAL OPPORTUNITIES AND ASSITANCE TO CHILDREN WHO ARE UNABLE TO ACHIEVE THE SAME OR HAVE DIFFICULTY DOING SO FOR FINANCIAL REASONS. THE MAIN FORM OF ASSITANCE PROVIDED BY MOST IS SCHOLARSHIPS TO HELP STUDENTS FROM LOW-INCOME FAMILIES HAVE THE OPPORTUNITY TO ATTEND PRIVATE SCHOOLS IN THE MEMPHIS AREA THAT CHARGE TUITION.

    Expenses $1,106,491 · Grants $1,106,491

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Alexis S Faber

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • E Carl Krausnick Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Elkan Scheidt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nick Goetze

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Trent D Williamson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ellis L Haguewood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mary Schell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Katherine T Dickinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hal Fogelman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Keith McBride II

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Calvin Sullivan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bob Solmson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Barbara Meloni

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Abbey S Cowens

    EXECUTIVE DIRECTOR

    Total calculated
    $132,613
    From this org
    $120,839
    From related orgs
    $0
    Other
    $11,774
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2023
    Revenue
    $1,799,579
    Expenses
    $1,546,743
    Contributions
    $1,556,151
    Grants paid
    $1,106,491
  • 2022
    Revenue
    $1,847,486
    Expenses
    $1,403,489
    Contributions
    $1,781,629
    Grants paid
    $1,018,543

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $3,879,081
    Expenses
    $1,372,146
    Assets (EOY)
    $7,081,420

  • 2020 · 990

    Revenue
    $634,644
    Expenses
    $1,242,943
    Assets (EOY)
    $4,807,451

  • 2019 · 990

    Revenue
    $695,817
    Expenses
    $1,213,763
    Assets (EOY)
    $5,428,696

  • 2018 · 990

    Revenue
    $1,132,358
    Expenses
    $1,367,465
    Assets (EOY)
    $5,977,776

  • 2017 · 990

    Revenue
    $3,942,612
    Expenses
    $1,361,997
    Assets (EOY)
    $6,199,060

  • 2016 · 990

    Revenue
    $2,178,321
    Expenses
    $1,354,097
    Assets (EOY)
    $3,604,738

  • 2015 · 990

    Revenue
    $1,086,141
    Expenses
    $1,508,240
    Assets (EOY)
    $2,710,454

  • 2014 · 990

    Revenue
    $1,453,713
    Expenses
    $1,246,488
    Assets (EOY)
    $3,131,288

  • 2013 · 990

    Revenue
    $678,423
    Expenses
    $1,129,019
    Assets (EOY)
    $3,043,982

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $1,152,857
    Assets (EOY)
    $3,385,846

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.