Fair Opportunity Project is located in Madison, WI. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fair Opportunity Project is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2024, Fair Opportunity Project generated $176.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 44.4% each year . All expenses for the organization totaled $245.9k during the year ending 05/2024. While expenses have increased by 53.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
DEVELOP AND UPDATE A COMPREHENSIVE COLLEGE APPLICATION AND FINANCIAL AID GUIDE THAT IS FREELY AVAILABLE ON THE WEBSITE AND SHARED ON SOCIAL MEDIA AND DIGITAL PUBLICATIONS. MENTOR PROGRAM THAT MATCHES HIGH SCHOOL STUDENTS WITH NEAR-PEER MENTORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Vultaggio Director | 2 | $0 | |
Margarita Avila Director | 2 | $0 | |
Carole Trone Executive Director | 13 | $41,226 | |
Luke Heine President & CEO | 13 | $44,525 | |
Cole C Scanlon President & CEO | 13 | $29,675 | |
Charlie Maynard CEO | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $176,697 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $176,697 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $184,623 |
Professional fees and other payments to independent contractors | $32,417 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $28,832 |
Total expenses | $245,872 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,067 |
Other assets | $0 |
Total assets | $28,411 |
Total liabilities | $0 |
Net assets or fund balances | $28,411 |