Daffy

Memphis Opportunity Scholarship Trust, Inc.

Memphis Opportunity Scholarship Trust, Inc.

Memphis, TN 38120
Tax ID62-1723618

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About this organization

Revenue

$1,132,358

Expenses

$1,367,465

Mission

The mission of Memphis Opportunity Scholarship Trust (MOST) is to give Memphis-area families the opportunity to send their children to the schools that best fit their needs, regardless of financial circumstances. To fulfill this mission, MOST offers partial, need-based scholarships to qualifying families who wish to send their children to private schools.

About

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.

Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “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.”.

Their activities were defined as: “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.”.

  • As per legal requirements, the non-profit's state of operation is reported as TN.
  • The non-profit's address in 2020 as per the filing is 850 RIDGE LAKE BLVD SUITE 220, MEMPHIS, TN, 38120.
  • The form of the non-profit organization shows 5 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$235,107.
  • The organization has 11 independent voting members.
  • The organization was formed in 1998.
  • The organization pays $286,575 in salary, compensation, and benefits to its employees.
  • The organization pays $72,265 in fundraising expenses.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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