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.
Public Charity
MEMPHIS OPPORTUNITY SCHOLARSHIP TRUST INC
Based in MEMPHIS, TN, MEMPHIS OPPORTUNITY SCHOLARSHIP TRUST INC operates as a Public Charity. The organization reported $1.6M in revenue, $1.5M in expenses, $8.0M in total assets for fiscal year 2025. Imperigo tracks 73 reported grant relationships connected to this organization totaling approximately $5.7M.
EIN: 621723618
MEMPHIS, TN
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$1.6M
Total Expenses$1.5M
Total Assets$8.0M
Grant Records73
Funding Total$5.7M
Filing Years2020–2025
Where $100 goes at Memphis Opportunity Scholarship Trust Inc
How Memphis Opportunity Scholarship Trust Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$72
Programs
the work itself
$22
Management
running the organization
$6
Fundraising
raising the next dollar
Inside the $72 for programs
$72
Provide educational opportunities and assitance to children who are unable to achieve the same or have difficulty doing so for financial reasons
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL OPERATIONAL SUPPORT
$211,000
To provide partial scholarship awards to children from low-income families
$108,835
EDUCATIONAL
$91,300
EDUCATIONAL
$78,890
GENERAL SUPPORT
$74,500
Showing up to 5 of 73 total records — full history available with membership.
Officers & Directors
PAST EXECUTIVE DIRECTOR
Abbey S Cowens
DIRECTOR
Barbara Meloni
DIRECTOR
Bob Solmson
TREASURER
Calvin Sullivan
BOARD CHAIR
E Carl Krausnick Jr
DIRECTOR
Ellis L Haguewood
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.6M | $1.5M | $8.0M |
| 2024 | $1.8M | $1.5M | $7.8M |
| 2023 | $1.8M | $1.4M | $7.5M |
| 2021 | $635K | $1.2M | $4.8M |
| 2020 | $696K | $1.2M | $5.4M |
Between 2020 and 2025, reported annual revenue grew from $696K to $1.6M (+134%), with total assets most recently reported at $8.0M.
Interactive year-over-year charts and full filing details available with membership.