DELTA OMICRON 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

1958

Legal Domicile

Phone

3047462038

Tax Period

2024-06-01 to 2025-05-31

DELTA OMICRON FOUNDATION INC, founded in 1958, is a micro nonprofit in the Education sector that reported $35K in total revenue in fiscal year 2024. The organization ran a surplus of $10K, a strong 27% operating margin.

Mission

SUPPORT MUSIC EDUCATION

Program Service Accomplishments

Program 1

Expenses: $14,000

PROVIDED MUSIC SCHOLARSHIPS AND GRANTS. SCHOLARSHIPS ARE AVAILABLE TO ANY MUSIC STUDENT WHO APPLIES TO THE FOUNDATION. SELECTION BASED ON RECOMMENDATIONS, GRADE POINT AVERAGE, ACHIEVEMENTS AND COURSE...

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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 (2024)

Revenue Breakdown

Contributions & Grants $17,975

Program Service Revenue $0

Investment Income $17,088

Other Revenue $0

TOTAL REVENUE $35,063

Expense Breakdown

Grants Paid $14,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,000

Other Expenses $11,534

TOTAL EXPENSES $25,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,063	$-5,489	-7.4%
Expenses	$25,534	$21,497	+0.2%
Net Income	$9,529	$-26,986	-1.4%

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

N/A

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
JONNY RAMSEY	PRESIDENT	10.00	Officer Director	$0	$0	$0
FRANCES C GAGE	VICE PRES	1.00	Officer Director	$0	$0	$0
MICHELLE WORTHING	SECRETARY	1.00	Officer Director	$0	$0	$0
SUSAN TAMS	TREASURER	10.00	Officer Director	$0	$0	$0
JENNIFER KLAFETA	TRUSTEE	1.00	Director	$0	$0	$0
ANN JONES	TRUSTEE	1.00	Director	$0	$0	$0
CLAIRE KEEL	TRUSTEE	1.00	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
2026	No data	No data	No data	No data
2025	$35,063	$25,534	$349,845	$9,529
2024	$-5,489	$21,497	$333,728	$-26,986
2023	$29,792	$29,716	$311,095	$76
2022	$74,801	$24,079	$335,242	$50,722
2021	$65,018	$16,583	$324,147	$48,435
2020	$33,604	$11,685	$239,452	$21,919
2019	$16,503	$22,603	$227,341	$-6,100