Oyate Group
Nonprofit profile at a glance
- EIN
- 823644288
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 7183442930
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $2,592,116
- Expenses
- $3,226,555
- Assets
- $1,377,693
- Liabilities
- $1,034,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- TOMAS RAMOS (PRESIDENT/CEO)
Highest reported compensation
- TOMAS RAMOS (PRESIDENT/CEO): $182,885 total reported compensation
- JASON AUTAR (SECRETARY): $123,231 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The oyate group is a nonprofit organization with the mission to alleviate poverty by creating sustainable and holistic solutions that empower underserved communities all across New York city. The oyate group's mission is to alleviate poverty by a three-pronged strategy
What it reported doing in 2024
Small business relief. The organization provided relief to small businesses who were negatively impacted during the covid 19 epidemic. The organization's directors engaged in outreach activities within the local communities in order to determine which local businesses needed assistance. Grants were under $10,000
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 67
- Accountability: 61
- Sustainability: 12
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 91.3%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Missing
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 33.3%; rating input score 33; 7th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -24.5%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.75; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 9.5%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 28.2% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 37% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 35.4% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 91.3% of spending went to programs
- Governance: 1 of 3 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $2.9M in reported program spending
- Leadership: top reported pay $183K · 3 people listed · 3 of 6 pay-setting controls reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Independent voting board scored 33/100.
- High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- High — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.