Osmosis Educ Mentoring Initiate
Nonprofit profile at a glance
- EIN
- 770647000
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024, Form 990-N 2011
- Location
- Chicago, IL, USA
- Phone
- 7738338213
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $137,124
- Expenses
- $119,254
- Assets
- $49,016
- Liabilities
- $2,400
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- VERNON LOCKHART (EXECUTIVE DI)
- RAQUEL STALLWORTH (TREASURER/FI)
- CYAIRA ADAMS (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Self expression matters. The community benefits from creativity. The result is a generation of minority youth who believe in " i can create, i can improve.
What it reported doing in 2024
Educate our young people about the possibilities and realities of art/design careers. The organization implements a series of events and programs consisting of a self portrait high school design competition, design youth forum and fall retreat. Estimated 600 youth ages 5 to 18 years old.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 100
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.2%; rating input score 62
- Program expense ratio: 71.5%; rating input score 71
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 13%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 15% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 15.8% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 16.6% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 62.2% of revenue deployed · 71.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $85K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.