OBID FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Chinyere Emodi

Phone

9162171560

Tax Period

2020-01-01 to 2020-12-31

OBID FOUNDATION INC, founded in 2002, is a micro nonprofit that reported $20K in total revenue in fiscal year 2020. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $228K exceeded revenue, resulting in a 1060% operating deficit.

Mission

Support to adolescent males OBID Foundation program provides comprehensive behavior and social adjustment services to it's adolescent males who experience emotional disturbance, physical abuse,

Program Service Accomplishments

Program 1

Expenses: $212,446 Revenue: $19,622

The ODIB Foundation is a 24-hour, 7 day a week, staffed operational program based on behavior modification and is designed to rehabilitate, encourage and enhance growth and development of youth who are unable to function within the norms of society. OBID has provided treatment for the specific disturbances and behavioral problems of residents, enabling some of them to return to a lower level of care and supervision. The program utilized the services of qualified professionals such as Psychiatrist, Psychology, Social Worker and Therapist. The goalsn of our activity programs are to identify the residents' needs and interests and help them develop basic daily living skills, social skills and recreation skills. We provide our residents with a variety of experiences, but also work to build their self-esteem by insuring that they develop competence in areas where they show talen. We use Community resources whenever appropriate and work to promote physical fitness, relaxation as well as fun.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $19,622

Investment Income $0

Other Revenue $0

TOTAL REVENUE $19,622

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,344

Fundraising Expenses $0

Program Expenses $212,446

Other Expenses $89,236

TOTAL EXPENSES $227,580

Year-over-Year Comparison

	2020	2019	Change
Revenue	$19,622	$479,811	-1.0%
Expenses	$227,580	$607,424	-0.6%
Net Income	$-207,958	$-127,613	+0.6%

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

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
Barry Ogalue	President	2.00	Officer	$0	$0	$0
Beulah Iroegbu	Vice Pres/Treasurer	1.00	Officer	$0	$0	$0
Francine Manas	Secretary	1.00	Officer	$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
2020	$19,622	$227,580	No data	$-207,958
2019	$479,811	$607,424	No data	$-127,613
2018	$584,483	$591,269	No data	$-6,786