ALPHA OMEGA MINISTRIES (EIN 365023913) - 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

2022

Principal Officer

TITO FLORES

Tax Period

2023-01-01 to 2023-12-31

ALPHA OMEGA MINISTRIES, founded in 2022, is a small nonprofit in the Religion sector that reported $269K in total revenue in fiscal year 2023. Revenue surged 138% from the prior year, signaling strong growth momentum. Expenses of $230K left a modest 15% surplus.

Mission

THE ALPHA OMEGA HOUSE IS FOCUSED ON CREATING AN INCLUSIVE HOME ENVIRONMENT BUILT ON THE CHRISTIAN VALUE OF COMMUNITY WHERE ROOMMATES BECOME FRIENDS AND FRIENDS BECOME FAMILY.

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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 $57,668

Program Service Revenue $211,558

Investment Income $0

Other Revenue $0

TOTAL REVENUE $269,226

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,195

Fundraising Expenses $897

Program Expenses $227,534

Other Expenses $145,548

TOTAL EXPENSES $229,743

Year-over-Year Comparison

	2023	2022	Change
Revenue	$269,226	$112,978	+1.4%
Expenses	$229,743	$93,158	+1.5%
Net Income	$39,483	$19,820	+1.0%

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

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

$51,425

Total Directors

$51,425

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TITO FLORES	PRESIDENT	2.00	Officer Director	$0	$0	$0
DOUG NELSON	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JUSTIN OVENELL	TREASURER	2.00	Officer Director	$0	$0	$0
JOSILYN OVENELL	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE FLORES	DIRECTOR	2.00	Director	$0	$0	$0
KAREN NELSON	DIRECTOR	2.00	Director	$0	$0	$0
STEVE LYMPUS	EXECUTIVE DI	25.00	Officer Director	$25,925	$0	$25,925
ELIZABETH GROVER	SECRETARY/HO	25.00	Officer Director	$25,500	$0	$25,500

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	$269,226	$229,743	$59,898	$39,483

ALPHA OMEGA MINISTRIES