OMA EDUCATIONAL & INDUSTRIAL DEVELOPMENT INSTITUTE (EIN 311105962) - Form 990 Financial Analysis & Trantor Score

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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

1984

Legal Domicile

Principal Officer

RYAN AUGSBURGER

Phone

6142245111

Tax Period

2023-01-01 to 2023-12-31

OMA EDUCATIONAL & INDUSTRIAL DEVELOPMENT INSTITUTE, founded in 1984, is a community nonprofit in the Community Improvement sector that reported $7.8M in total revenue in fiscal year 2023. Revenue surged 571% from the prior year, signaling strong growth momentum. Expenses of $7.4M left a modest 6% surplus.

Mission

PROMOTE EDUCATIONAL & INDUSTRIAL DEVELOPMENT THROUGHOUT THE MANUFACTURING SECTOR.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,589,554

Program Service Revenue $226,595

Investment Income $7,649

Other Revenue $0

TOTAL REVENUE $7,823,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $726,017

Fundraising Expenses $0

Program Expenses $7,352,319

Other Expenses $6,626,302

TOTAL EXPENSES $7,352,319

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,823,798	$1,165,436	+5.7%
Expenses	$7,352,319	$1,041,950	+6.1%
Net Income	$471,479	$123,486	+2.8%

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

$369,881

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT CORBIT	VICE CHAIRMAN	1.00	Director	$0	$0	$0
JEFF ORAVITZ	CHAIRMAN	1.00	Director	$0	$0	$0
AIMEE DELUCA	TREASURER	1.00	Officer Director	$0	$0	$0
DALE FOERSTER	VICE CHAIRMAN	1.00	Director	$0	$0	$0
CATHY LYTTLE	VICE CHAIRMAN	1.00	Director	$0	$0	$0
DALE LAWS	IMMEDIATE PAST CHAIRMAN	1.00	Director	$0	$0	$0
RODNEY CUNDIFF	FIRST VICE CHAIRMAN	1.00	Director	$0	$0	$0
RYAN AUGSBURGER	PRESIDENT & CORPORATE SECRETARY	1.00	Officer	$0	$22,500	$369,881
ANGIE LEACH	MANAGING DIRECTOR, FINANCE	1.00	Highest	$0	$10,485	$185,124

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
2024	No data	No data	No data	No data
2023	$7,823,798	$7,352,319	$911,777	$471,479
2022	$1,165,436	$1,041,950	$440,298	$123,486
2021	$1,030,901	$724,637	$316,812	$306,264
2020	$521,105	$602,015	$10,548	$-80,910
2019	$447,483	$430,159	$91,458	$17,324
2018	$252,181	$233,681	$74,134	$18,500

OMA EDUCATIONAL & INDUSTRIAL DEVELOPMENT INSTITUTE