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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Memphis Opportunity Scholarship Trust Inc.

Memphis Opportunity Scholarship Trust Inc.

Fiscal year ending 2020. Filed on October 9, 2020.

1000 Ridgeway Loop Rd Suite 205
Memphis, Tennessee 38120

Memphis Opportunity Scholarship Trust Inc. (EIN: 62-1723618) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2020 IRS Form 990 filing, Memphis Opportunity Scholarship Trust Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 3 total employees. Among the employees shown here, the average compensation is $105,986. The highest compensated employee at Memphis Opportunity Scholarship Trust Inc. is Leanne McQuown with fiscal year 2020 compensation of $105,986.

Revenue, expenses, and employee compensation

Revenue

$695,817

Expenses

$1,213,763

Employee compensation

$277,497
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Leanne McQuown
Executive Director
$105,986
$100,422 No related comp$5,564

Benchmark Employee Compensation

Non-Employee Board Members

Alexis S Faber
Director
Buzzy Hussey
Director
E Carl Krausnick Jr
Director
Elkan Scheidt
Director
Ellis L Haguewood
Director
Jane G Slatery
Director
Mary Schell
Director
Nick Goetze
Director
Rev Colenzo Hubbard
Director
Robert M Solmson
Director
Scott C Hennessy
Director
Trent D Williamson
Director

Mission Statement

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.

Revisions to this organization profile

September 25, 2025:
2025 Memphis Opportunity Scholarship Trust Inc. 990 filed
September 3, 2024:
2024 Memphis Opportunity Scholarship Trust Inc. 990 filed
December 5, 2023:
2023 Memphis Opportunity Scholarship Trust Inc. 990 filed

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