THE OPPORTUNITY TRUST D/B/A ZEST EDUCATION

EIN: 821838644 501(c)(3) Education

ST LOUIS, MO

Total Revenue
$21,580,942
Total Expenses
$21,538,891
Total Assets
$4,041,644
Net Assets
$4,041,644
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MO
Principal Officer
ERIC SCROGGINS
Phone
3143285688
Tax Period
2024-07-01 to 2025-06-30

THE OPPORTUNITY TRUST D/B/A ZEST EDUCATION, founded in 2017, is a mid-sized nonprofit in the Education sector that reported $21.6M in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum.

Mission

THE OPPORTUNITY TRUST INVESTS IN EDUCATORS AND SCHOOL SYSTEMS EAGER TO BUILD THE CAPACITY REQUIRED TO MAKE SIGNIFICANT AND MEASURABLE CHANGE.

Program Service Accomplishments

Program 1
Expenses: $2,152,035

OUR FIRST STRATEGIC PRIORITY IS TO ELEVATE THE VOICES OF THOSE MOST UNDERSERVED BY OUR SCHOOL SYSTEMS AND EMPOWER FAMILIES AND STUDENTS TO DESIGN AND DRIVE CHANGE AS PART OF A BROAD AND DIVERSE...

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OUR FIRST STRATEGIC PRIORITY IS TO ELEVATE THE VOICES OF THOSE MOST UNDERSERVED BY OUR SCHOOL SYSTEMS AND EMPOWER FAMILIES AND STUDENTS TO DESIGN AND DRIVE CHANGE AS PART OF A BROAD AND DIVERSE COALITION. THIS PROGRAM AIMS TO 1) STRENGTHEN PARENT LEADERSHIP AND ADVOCACY INFRASTRUCTURE BY ORGANIZING AND GROWING NEW NEIGHBORHOOD GROUPS FOCUSED ON LOWEST 5% PERFORMING SCHOOLS IN ST. LOUIS CITY, SEEDING EFFORTS TO CREATE DEMAND IN ST. LOUIS COUNTY, AND IMPROVING CHARTER PERCEPTIONS BY ORGANIZING 10K CHARTER PARENT VOICES VIA STATE CHARTER ASSOCIATION, 2) INCREASING TRUST THROUGH DEVELOPMENT OF COMMUNITY COALITIONS, AND 3) CONTINUE INVESTING IN EARLY STAGE GROWTH OF KEY PARTNERS.

Program 2
Expenses: $11,835,939

OUR SECOND STRATEGIC PRIORITY IS FOCUSED ON INCREASING ACCESS TO WORLD-CLASS SCHOOLS BY GROWING THE CAPACITY OF OUR MOST SUCCESSFUL SCHOOLS, LAUNCHING NEW AND INNOVATIVE SCHOOLS, STRENGTHENING...

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OUR SECOND STRATEGIC PRIORITY IS FOCUSED ON INCREASING ACCESS TO WORLD-CLASS SCHOOLS BY GROWING THE CAPACITY OF OUR MOST SUCCESSFUL SCHOOLS, LAUNCHING NEW AND INNOVATIVE SCHOOLS, STRENGTHENING EXISTING SCHOOLS WITH CONDITIONS FOR SUSTAINED SUCCESS, AND HELPING DISTRICTS TO METHODICALLY TRANSFORM THEIR LOWEST PERFORMING SCHOOLS. THIS PROGRAM AIMS TO 1) DRIVE TOWARD GOAL OF 25% STUDENTS IN QUALITY SEATS BY EXPANDING INVESTMENTS IN NEW SCHOOLS, EXPANDING INVESTMENTS TO ADDITIONAL SCHOOLS, AND MAINTAINING INVESTMENTS IN HIGH PERFORMING CHARTERS, 2) CATALYZE SUPPORT FOR DISTRICT AUTONOMOUS MODELS THROUGH COMMUNITY DESIGN AND POST-SECONDARY INTERMEDIARY INITIATIVE, AND 3) EXPLORE PARTNERSHIPS WITH SEVEN COUNTY DISTRICTS REPRESENTING 27K STUDENTS ENROLLED IN LOW-QUALITY SCHOOLS.

Program 3
Expenses: $5,118,562

OUR FIFTH STRATEGIC PRIORITY IS ADMINISTERING THE "EXPANDING OPPORTUNITIES: MISSOURI CHARTER SCHOOL PROGRAM (CSP)" THIS IS A U.S. DEPARTMENT OF EDUCATION GRANT WITH AN APPROVED BUDGET OF $35.5...

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OUR FIFTH STRATEGIC PRIORITY IS ADMINISTERING THE "EXPANDING OPPORTUNITIES: MISSOURI CHARTER SCHOOL PROGRAM (CSP)" THIS IS A U.S. DEPARTMENT OF EDUCATION GRANT WITH AN APPROVED BUDGET OF $35.5 MILLION TO HELP MISSOURI EXPAND OPPORTUNITIES FOR STUDENTS TO ATTEND QUALITY CHARTER PUBLIC SCHOOLS. MISSOURI'S CSP PROGRAM HAS THREE OBJECTIVES: 1) INCREASE THE NUMBER OF QUALITY MISSOURI CHARTER PUBLIC SCHOOL SEATS, ESPECIALLY FOR OUR MOST EDUCATIONALLY DISADVANTAGED STUDENTS; 2) SUPPORT QUALITY CHARTER SCHOOL AUTHORIZING IN MISSOURI, THROUGH THE DISSEMINATION AND SUPPORT OF BEST AUTHORIZER PRACTICES STATEWIDE, AND 3) CODIFY AND SHARE LESSONS FROM HIGH-PERFORMING CHARTER PUBLIC SCHOOLS ACROSS THE EDUCATION ECOSYSTEM.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,242,340
Program Service Revenue $0
Investment Income $262,196
Other Revenue $76,406
TOTAL REVENUE $21,580,942

Expense Breakdown

Grants Paid $12,889,499
Salaries & Benefits $3,373,483
Fundraising Expenses $17,684
Program Expenses $20,582,299
Other Expenses $5,275,909
TOTAL EXPENSES $21,538,891

Year-over-Year Comparison

2024 2023 Change
Revenue $21,580,942 $12,600,936 +0.7%
Expenses $21,538,891 $14,089,865 +0.5%
Net Income $42,051 $-1,488,929 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
32
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
8
$441,418
Total Directors
8
$441,418
Key Employees
1
$234,249
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BISHOP MICHAEL JONES SR DIRECTOR 1.00
Officer Director
$0 $0 $0
JOHN LEMKEMEIER DIRECTOR 1.00
Officer Director
$0 $0 $0
ERIC SCROGGINS CHIEF EXECUTIVE OFFICER 50.00
Officer Director
$428,406 $13,012 $441,418
JOHN W KEMPER DIRECTOR 1.00
Officer Director
$0 $0 $0
JESSICA PENA DIRECTOR 1.00
Officer Director
$0 $0 $0
KEITH WILLIAMSON CHAIR 1.00
Officer Director
$0 $0 $0
CINDY BRINKLEY DIRECTOR 1.00
Officer Director
$0 $0 $0
JEMINA BERNARD DIRECTOR 1.00
Officer Director
$0 $0 $0
JESSE DIXON PARTNER 50.00
Key Emp
$220,774 $13,475 $234,249
AYANNA BANKS EMPLOYEE 50.00
Highest
$137,301 $7,763 $145,064
RACHEL DONNICE POWERS PARTNER 50.00
Highest
$175,793 $5,145 $180,938
TANESIA LASHAY SIMMONS PARTNER 50.00
Highest
$174,341 $15,316 $189,657
BRANDI CHIN PARTNER 50.00
Highest
$196,290 $19,018 $215,308
ANTONIO PACIFICO EMPLOYEE 50.00
Highest
$145,077 $16,400 $161,477
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 $21,580,942 $21,538,891 $4,041,644 $42,051
2024 $12,600,936 $14,089,865 $3,999,593 $-1,488,929
2023 $14,021,553 $12,750,091 $5,488,522 $1,271,462
2022 $10,924,434 $10,470,201 $4,217,060 $454,233
2021 $7,977,207 $7,497,157 $4,127,437 $480,050
2020 $7,183,458 $6,679,146 $3,457,653 $504,312
2019 $6,344,779 $4,131,930 $3,574,188 $2,212,849
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