Xi Pi Chapter - Omega Psi Phi Fraternity Uplift Foundation Inc
Nonprofit profile at a glance
- EIN
- 020678151
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Colorado Springs, CO, USA
- Phone
- 7192727336
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $74,475
- Expenses
- $45,793
- Assets
- $98,343
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- COURTNEY HENDERSON (BOARD CHAIR)
- WALTER GLOVER (BOARD VICE C)
- JASON FLINN (SECRETARY)
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
To provide scholarships and grants to support youth
What it reported doing in 2024
Grants to other tax-exempt organizations that conduct youth enrichments or charitable program: care and share food bank 1,000 african american youth leadership conference 1,000 southeast development corporation 2,000 students- talent hunt contest grants 800 forge evolution support grant 500
Operating model
- Revenue model
- Donor-supported. 98% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 67
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.6%; rating input score 60
- Program expense ratio: 95.9%; rating input score 96
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: 38.5%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 2.15; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 15.4% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: -5.1% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: -1.5% per year; rating input score 0; 33rd percentile among comparable filings
Details
- Where the money goes: 59.6% of revenue deployed · 95.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $44K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.