Omnilore Learning-in-retirement Inc

Nonprofit profile at a glance

EIN
871045269
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Redondo Beach, CA, USA
Phone
3104698473
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$59,596
Expenses
$56,814
Assets
$91,163
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • WILLIAM GARGARO (VICE PRESIDENT - ADMISTRAT)
  • DENNIS BOSCH (PRESIDENT)
  • DAYLA SIMS (VICE PRESIDENT - ACADEMICS)

People named in this filing

  • WILLIAM GARGARO (VICE PRESIDENT - ADMISTRAT)
  • WENDY MORGAN (TREASURER)
  • DENNIS BOSCH (PRESIDENT)

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

The continuing education of seniors

What it reported doing in 2025

Held three forums for 156 senior attendees, with speaker, q&a and food service

Operating model

Revenue model
Membership-supported. 60% of the money available for current operations came from membership dues.
Distribution model
Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for member benefits.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 82
  • Sustainability: 57
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.6%; rating input score 71
  • Program expense ratio: 74%; rating input score 74

Transparency & Controls

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

Sustainability

  • Operating margin: 4.7%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 1.6; rating input score 60; 60th 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: 3.2% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: -18.4% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 70.6% of revenue deployed · 74% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $42K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 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.

  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.