The Opportunity Plan Inc logo

The Opportunity Plan Inc

Foundation · Grantmaker Canyon, TX EIN: 75-6020405 Website

To assist students in achieving their educational goals by providing loans and scholarships for college educations.

Key facts about The Opportunity Plan Inc

In short: The Opportunity Plan Inc reported $500 in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
75-6020405
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$500 — reported as a total on the IRS filing, without an itemized list
Total assets
$32,733,777

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$32.7M

+1.5% YoY

Grants Paid (reported total)

$500

-99.3% YoY

Revenue

$2.5M

+11.4% YoY

Net Investment Income

$1.6M

+37.5% YoY

About The Opportunity Plan Inc

Based on IRS filings

The Opportunity Plan Inc is a nonprofit organization, based in Canyon, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $32.7M in total assets. In 2025, it reported $500 in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $1.6M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Lubbock

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants20190 grants20200 grants20211 grants20221 grants20231 grants2024Total only2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

3 grants across all recorded years

2<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2019202020212022202320242025
Metric202520242023
Total Assets$32,733,777$32,247,184$31,228,504
Revenue$2,478,228$2,223,879$2,869,153
Expenses$1,965,676$2,031,492$1,962,387
Qualifying Distributions———
Net Investment Income$1,582,917$1,150,909$1,661,102
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS March 12, 2020)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS October 22, 2024)
  3. Added Form 990 for fiscal year 2025 (received by the IRS June 22, 2026)
  4. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Opportunity Plan Inc is led by Tim Bynum, Executive Director & President on every filing since 2024; 1 of 26 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Tim Bynum

    Executive Director & President

    On filings since 2024

    40 hrs/week

    $110K (2024) → $114K (2025)

  • Carolyn Baxter

    Chairman

    Director → Chairman, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bob Robinson

    Director

    Member → Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Brock Lovett

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Chris Brady

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Currie Smith

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Debbie Collier

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jerry Schaeffer

    Director

    Member → Director, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jj Gomez

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Martha Campbell

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Meg O'Brien

    Director

    Member → Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Stacey Kelly

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Wiley Harp

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Keith Brown

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Janyth Bowers

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Leslie Horton

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Matt Marrs

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Patrick Hanford

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kyle Singleton

    Director

    Member → Director, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Donna Warrick

    Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Larry Johnson

    Vice Chair

    Vice President → Vice Chair, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lynda Tinsley

    Secretary & Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Susan Tripplehorn

    Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Wes Young

    Member

    Director → Member, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lindy Burnam

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Macy Pickering

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (5)
  • Former: Cathryn Wright (2019–2022) — President
  • Former: Lynn Singleton (2019–2022) — Member
  • Former: Wayne Pierson (2019–2022) — Member
  • Former: Bonnie Wuerflein (2019–2020) — Member
  • Former: Ron Cook (2019–2020) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Tim Bynum — Exec Director/President: $114KTim BynumExec Director/President$114K

Frequently asked questions about The Opportunity Plan Inc

How much does The Opportunity Plan Inc give each year?

The Opportunity Plan Inc reported $500 in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $75K across 1 grant.

How large is The Opportunity Plan Inc?

The Opportunity Plan Inc reported $32.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.5M.

Where does The Opportunity Plan Inc operate?

The Opportunity Plan Inc has awarded grants in Texas.

What is The Opportunity Plan Inc's EIN?

The Opportunity Plan Inc's EIN (Employer Identification Number) is 75-6020405. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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