Iota Omicron Alumni Association Inc
Nonprofit profile at a glance
- EIN
- 853306133
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- East Meadow, NY, USA
- Phone
- 9548048070
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $2,100
- Expenses
- $2,026
- Assets
- $5,516
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- VINSON LEWIS (PRESIDENT)
- KWAME INNIS (VICE PRESIDENT)
People named in this filing
- VINSON LEWIS (PRESIDENT)
- KWAME INNIS (VICE PRESIDENT)
- JEFF CAZEAU (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
This association is organized exclusively for charitable, educational and supportive purposes, including for such purposes of the making of financial distributions to our undergraduate and alumni members that qualify as exempt organizations under 501(c)(7) or the corresponding section of any future federal tax code.
What it reported doing in 2025
This association is organized exclusively for charitable, educational and supportive purposes, including for such purposes of the making of financial distributions to our undergraduate and alumni members
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 31
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50%; rating input score 50
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.5%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 2.72; rating input score 72; 72nd 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 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 20% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 29.5% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 50% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 50/100.
- Moderate — Transparency & Controls: Part I net assets reconciliation did not reconcile in the filed values.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.