Opportunity Tennessee

Nonprofit profile at a glance

EIN
990994619
IRS 990 coverage
2024–2025
Forms available
Form 990 2025
Location
Memphis, TN, USA
Phone
6156271423
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public, Society Benefit N.E.C.

Reported finances

Revenue
$25,000
Expenses
$55,437
Assets
$13,253
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • J MARTIN REGAN JR (PRESIDENT)

People named in this filing

  • J MARTIN REGAN JR (PRESIDENT)
  • RICK MARTIN (TREASURER)
  • SHARON J PRYSE (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Opportunity Tennessee is organized for the primary purpose of researching, developing, and promoting policies that foster improvement to economic and social outcomes across Tennessee. The organization engages in activities designed 1) to advance having a better understanding of various key prospective economic and social policies, including gaining a deeper analysis of how tennesseans view these policies, and 2) to promote those polices among stakeholders, facilitating engagement with key policymakers, who may consider how such policies could benefit tennesseans.

What it reported doing in 2025

The organization completed its research initiative focused on evaluating policies to expand access to healthcare in Tennessee. Findings from this research - including original analysis of Tennessee's policy history, a review of over 30 states' experiences with healthcare access initiatives, and public opinion research conducted through polling and focus groups - were compiled and shared with key policymakers and stakeholders. Having concluded this policy research effort, the organization has scaled back its activity while considering what other initiative(s) to pursue in furtherance of its primary purpose of researching, developing, and promoting policies that foster improvement to economic and social outcomes across Tennessee. The organization will engage in activities designed 1) to advance having a better understanding of various key prospective economic and social policies, including gaining a deeper analysis of how tennesseans view these policies, and 2) to promote those polices among stakeholders, facilitating engagement with key policymakers, who may consider how such policies could benefit tennesseans.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 82
  • Sustainability: 26
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 72.6%; rating input score 73
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -121.7%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.24; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -151.3% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -175% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -106.9% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 72.6% of spending went to programs
  • Governance: 3 of 3 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $40K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.