Omni House Foundation Inc

Nonprofit profile at a glance

EIN: 521679976
IRS 990-EZ coverage: 2012–2016
Forms available: Form 990-EZ 2016
Location: Glen Burnie, MD, USA
Phone: 4107686777
Rating: 97
Verdict: STRONG
Rating confidence: Moderate
Sector: Private Grantmaking Foundations

Reported finances

Revenue: $54,925
Expenses: $58,793
Assets: $42,951
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

LOIS E MILLER (CEO)

People named in this filing

PATRICIA FRENCH (DIRECTOR)
RON SIMMONT (DIRECTOR)
LAURIE LYNCH (DIRECTOR)

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purposes of the corporation shall be to provide assistance in raising charitable support for a related not-for-profit corporation.

What it reported doing in 2016

Omni house foundation, inc. Significant program is to assist omni house, inc. In omni house's mission

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model: Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 99
Transparency & Controls: 100
Sustainability: 42
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 97.7%; rating input score 98

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: -7%; rating input score 33; 33rd percentile among comparable filings
Total-asset coverage ratio: 0.73; rating input score 39; 39th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 77.8% per year; rating input score 100; 97th percentile among comparable filings
Revenue growth: 33.7% per year; rating input score 100; 95th percentile among comparable filings
Asset growth: 4.8% per year; rating input score 100; 59th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 97.7% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $57K in reported program spending
Leadership: top reported pay $0 · 12 people listed
Consistency: 9 of 9 current checks pass
Schedules: 3 filed schedules
Filing history: 5 filing years from 2012 to 2016
Contacts: How to reach this organization
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.

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

Moderate — Sustainability: Operating margin scored 33/100.
Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.