THE OPPORTUNITY PLAN INC

EIN: 756020405 501(c)(3)

CANYON, TX

Total Revenue
$2,478,228
Total Expenses
$1,965,676
Total Assets
$32,733,777
Net Assets
$32,729,949
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
TX
Principal Officer
TIM BYNUM
Phone
8066552528
Tax Period
2024-08-01 to 2025-07-31

THE OPPORTUNITY PLAN INC, founded in 1954, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $513K, a strong 21% operating margin.

Mission

TO ASSIST STUDENTS IN ACHIEVING THEIR EDUCATIONAL GOALS BY PROVIDING LOANS AND SCHOLARSHIPS FOR COLLEGE EDUCATIONS.

Program Service Accomplishments

Program 1
Expenses: $1,298,286 Revenue: $1,657,192

OPI PROVIDES STUDENT LOANS AND SCHOLARSHIPS TO COLLEGE STUDENTS PRIMARILY FROM THE TEXAS PANHANDLE. THIS INVOLVES REVIEWING APPLICATIONS AND MEETING WITH STUDENTS. OVER 500 STUDENTS ARE ASSISTED EACH...

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OPI PROVIDES STUDENT LOANS AND SCHOLARSHIPS TO COLLEGE STUDENTS PRIMARILY FROM THE TEXAS PANHANDLE. THIS INVOLVES REVIEWING APPLICATIONS AND MEETING WITH STUDENTS. OVER 500 STUDENTS ARE ASSISTED EACH YEAR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $821,036
Program Service Revenue $69,789
Investment Income $1,582,917
Other Revenue $4,486
TOTAL REVENUE $2,478,228

Expense Breakdown

Grants Paid $1,083,800
Salaries & Benefits $417,855
Fundraising Expenses $0
Program Expenses $1,298,286
Other Expenses $464,021
TOTAL EXPENSES $1,965,676

Year-over-Year Comparison

2024 2023 Change
Revenue $2,478,228 $2,223,879 +0.1%
Expenses $1,965,676 $2,031,492 0.0%
Net Income $512,552 $192,387 +1.7%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
26
Independent Members
26
Employees
4
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$113,684
Total Directors
23
$113,684
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH BROWN DIRECTOR 1.00
Director
$0 $0 $0
MARTHA CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
DEBBIE COLLIER DIRECTOR 1.00
Director
$0 $0 $0
JJ GOMEZ DIRECTOR 1.00
Director
$0 $0 $0
DR BROCK LOVETT DIRECTOR 1.00
Director
$0 $0 $0
MEG O'BRIEN DIRECTOR 1.00
Director
$0 $0 $0
KYLE SINGLETON DIRECTOR 1.00
Director
$0 $0 $0
DR BOB ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
WILEY HARP DIRECTOR 1.00
Director
$0 $0 $0
JERRY SCHAEFFER DIRECTOR 1.00
Director
$0 $0 $0
DONNA WARRICK MEMBER 1.00
Director
$0 $0 $0
DR CHRIS BRADY DIRECTOR 1.00
Director
$0 $0 $0
STACEY KELLY DIRECTOR 1.00
Director
$0 $0 $0
SUSAN TRIPPLEHORN MEMBER 1.00
Director
$0 $0 $0
TIM BYNUM EXEC DIRECTOR/PRESIDENT 40.00
Officer Director
$113,684 $0 $113,684
CURRIE SMITH DIRECTOR 1.00
Director
$0 $0 $0
JANYTH BOWERS DIRECTOR 1.00
Director
$0 $0 $0
DR PATRICK HANFORD DIRECTOR 1.00
Director
$0 $0 $0
MATT MARRS DIRECTOR 1.00
Director
$0 $0 $0
LESLIE HORTON DIRECTOR 1.00
Director
$0 $0 $0
WES YOUNG MEMBER 1.00
Director
$0 $0 $0
LINDY BURNAM MEMBER 1.00
Director
$0 $0 $0
MACY PICKERING MEMBER 1.00
Director
$0 $0 $0
DR LARRY JOHNSON VICE-CHAIR 1.00
Officer
$0 $0 $0
LYNDA TINSLEY SEC/TREAS 1.00
Officer
$0 $0 $0
CAROLYN BAXTER CHAIRMAN 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,478,228 $1,965,676 $32,733,777 $512,552
2024 $2,223,879 $2,031,492 $32,247,184 $192,387
2023 $2,869,153 $1,962,387 $31,228,504 $906,766
2022 $1,628,999 $2,287,301 $30,135,499 $-658,302
2022 $-1,899,695 $2,074,980 $30,351,406 $-3,974,675
2021 $1,575,077 $1,830,367 $34,328,715 $-255,290
2020 $1,349,548 $1,822,999 $32,196,249 $-473,451
2019 $1,792,511 $1,722,624 $31,128,699 $69,887
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