Omega Upsilon

Overview

Mission

Omega Upsilon holds cash from the sale of a building in 2007. Prior to this sale, Omega Upsilon owned a building in Corvallis, Oregon, which housed students who attended Oregon State University ("Tenants")and were members of the Delta Tau Delta Fraternity. The Tenants paid Omega Upsilon a rental fee for the use of the building for 9 months of the year (during school). All ordinary operating expenses such as electricity, gas, water, minor repairs and maintenance, and food were the responsibility of the Tenants. Rent received from the Tenants by Omega Upsilon, was used to pay property taxes, fire and liability insurance, and major improvements to the building. The definition of a major improvement was decided by mutual consent of Omega Upsilon and the Tenants. Residual funds held at the end of the year have been retained for future purchase of a new building to house students. The objective of the Omega Upsilon Board of Trustees is to provide the above services on a voluntary basis, with

Operating model

Revenue model

Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.

Distribution model

Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

• Financial Efficiency: NotEnoughData
• Transparency & Controls: 82
• Sustainability: NotEnoughData
• Growth: 40

Detailed rating inputs

Details

• Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
• Governance: Filed governance answers
• Accomplishments: 1 filed program accomplishment
• Leadership: top reported pay $0 · 3 people listed
• Consistency: 2 of 2 current checks pass
• Filing history: 2 filing years from 2016 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

• High — Growth: Asset growth scored 0/100.
• High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.