Upsilon Omega Foundation Inc

EIN: 431763130 501(c)(3) Education

St Louis, MO

Total Revenue
$120,876
Total Expenses
$129,710
Total Assets
$233,773
Net Assets
$79,889
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MO
Principal Officer
Aziz Muhammad
Phone
3143854100
Tax Period
2023-11-01 to 2024-10-31

Upsilon Omega Foundation Inc, founded in 1997, is a small nonprofit in the Education sector that reported $121K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

Provide opportunities for youth to succeed, by offering leadership and providing mentoring to the youth, showing leadership in the community, providing access to today's leaders, showing that we care about tomorrow's leaders, gathering wisdom from those leaders of yesterday who are willing to share the knowledge and wisdom learned from their journey through life.

Program Service Accomplishments

Program 1
Expenses: $33,103

Raise funds to provide educational scholarships to college bound high school seniors. We awarded thirty scholarships to qualified youth during the fiscal year ended October 31, 2024. We awarded...

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Raise funds to provide educational scholarships to college bound high school seniors. We awarded thirty scholarships to qualified youth during the fiscal year ended October 31, 2024. We awarded twenty-five scholarships to qualified youths during the fiscal year ended October 31, 2023.

Program 2
Expenses: $47,169 Revenue: $48,148

Our organization provides a place where different community-based organizations / action groups can meet to discuss and plan activities that directly or indirectly impact their community. We provide...

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Our organization provides a place where different community-based organizations / action groups can meet to discuss and plan activities that directly or indirectly impact their community. We provide a location for inner city low income residents to receive health services and screening. We open our center for the community to receive free tax assistance from federal volunteer income tax assistance programs. During the fiscal year ended October 31, 2024, we serviced close to 23,000 residents at our community center.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $72,728
Program Service Revenue $0
Investment Income $4
Other Revenue $48,144
TOTAL REVENUE $120,876

Expense Breakdown

Grants Paid $30,000
Salaries & Benefits $8,985
Fundraising Expenses $1,042
Program Expenses $80,272
Other Expenses $90,725
TOTAL EXPENSES $129,710

Year-over-Year Comparison

2023 2022 Change
Revenue $120,876 $129,067 -0.1%
Expenses $129,710 $123,429 +0.1%
Net Income $-8,834 $5,638 -2.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
2
Volunteers
40

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aziz Muhammad President / Treasurer 6.00
Officer Director
$0 $0 $0
Craig Lucas Director 6.00
Director
$0 $0 $0
Derrick Headen Vice President 6.00
Officer Director
$0 $0 $0
DeMarkus Calhoun Director 6.00
Director
$0 $0 $0
John Head Director 6.00
Director
$0 $0 $0
Terrance Andrews Director 6.00
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
2024 $120,876 $129,710 $233,773 $-8,834
2023 $129,067 $123,429 $248,889 $5,638
2022 $137,353 $126,356 $243,251 $10,997
2021 $134,176 $129,197 $276,756 $4,979
2020 $54,569 $139,081 $295,369 $-84,512
2019 $151,555 $168,407 $319,810 $-16,852
2018 $185,827 $182,635 $291,646 $3,192
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