Omega Phi Beta Sorority Inc
Nonprofit profile at a glance
- EIN
- 201806619
- IRS 990-EZ coverage
- 2013–2018
- Forms available
- Form 990-EZ 2018
- Location
- New York, NY, USA
- Phone
- 2129671100
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $188,094
- Expenses
- $138,261
- Assets
- $219,467
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- LEANA A FLORES (NATIONAL PRESIDENT)
People named in this filing
- MELISSA H MOLINA (SECRETARY)
- ANA VERDEJO (CHAIR)
- DAWN C TORRES (TREASURER)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To serve and educate people of diverse backgrounds through sisterhood, leadership & guidance.
What it reported doing in 2018
Member events - to foster and coordinate alumni events.
Operating model
- Revenue model
- Earned-program. 62% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 82
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.6%; rating input score 58
- Program expense ratio: 78.4%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 26.5%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 1.59; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 0.1% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 20.1% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 57.6% of revenue deployed · 78.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $108K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2013 to 2018
- 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 58/100.