OMEGA CHARITIES INC (EIN 020803693) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

Bobby Robinson

Phone

2023205214

Tax Period

2025-01-01 to 2025-12-31

OMEGA CHARITIES INC, founded in 2007, is a small nonprofit in the Education sector that reported $195K in total revenue in fiscal year 2020. Revenue surged 1280% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 34% operating margin.

Mission

Omega Charities mission: a) to provide Uplift programs in Black Americas communities; b) to foster programs and activities that engenders economic empowerment in distressed neighborhoods; and c) provide humanitarian assistance and disaster relief in times of critical need.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $384,395

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $384,395

Expense Breakdown

Grants Paid $328,871

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $328,871

Other Expenses $4,630

TOTAL EXPENSES $333,501

Year-over-Year Comparison

	2025	2024	Change
Revenue	$384,395	$207,970	+0.8%
Expenses	$333,501	$314,969	+0.1%
Net Income	$50,894	$-106,999	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bobby Robinson	President	5	Officer Director	$0	$0	$0
Lamar Gunn	Vice President	2	Officer Director	$0	$0	$0
Michael Charles	Secretary	4	Officer Director	$0	$0	$0
Jerome Haggins	Treasurer	4	Officer Director	$0	$0	$0
Aaron Price	Counsel	3	Officer Director	$0	$0	$0
Alcindor Rosier	Past President	3	Officer Director	$0	$0	$0
Andrew Ray	Director	1	Director	$0	$0	$0
Lee Rideout	Director	1	Director	$0	$0	$0
Alvin Jackson	Director	1	Director	$0	$0	$0
Terance Augillard	Director	1	Director	$0	$0	$0
Ivey Williams	Director	1	Director	$0	$0	$0
Terrance Coast	Director	1	Director	$0	$0	$0
Rickey Lewis	Director	1	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$384,395	$333,501	$140,975	$50,894
2024	No data	No data	No data	No data
2023	$42,448	$32,139	$267,668	$10,309
2022	$135,303	$33,164	$221,366	$102,139
2021	$121,891	$99,644	$117,612	$22,247
2020	$199,925	$135,624	$92,384	$64,301
2020	$199,925	$135,624	$92,384	$64,301
2020	$194,999	$129,344	$91,355	$65,655

OMEGA CHARITIES INC