OSTEOPATHIC MEDICAL EDUCATION CONS… - Form 990 Financial Data

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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

2011

Legal Domicile

Principal Officer

LESLEY VAN VOLKINBURG

Phone

9185844611

Tax Period

2022-07-01 to 2023-06-30

OSTEOPATHIC MEDICAL EDUCATION CONSORTIUM OF OKLAHOMA DBA OMECO, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $14.3M in total revenue in fiscal year 2022. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.2M, a strong 43% operating margin.

Mission

THE OSTEOPATHIC MEDICAL EDUCATION CONSORTIUM OF OKLAHOMA (OMECO) IS A CONSORTIUM OF PARTNER INSTITUTIONS WHOSE MISSION IS TO SUPPORT AND PROMOTE EXCELLENCE IN THE CONTINUUM OF OSTEOPATHIC MEDICAL EDUCATION IN OKLAHOMA, ARKANSAS AND MISSOURI.

Program Service Accomplishments

Program 1

Expenses: $8,064,893 Revenue: $252,568

OMECO SERVED AS AN ACCREDITED OSTEOPATHIC POSTGRADUATE TRAINING INSTITUTE OF THE AMERICAN OSTEOPATHIC ASSOCIATION. IN THIS CAPACITY, IT PROVIDED ACCESS TO RESEARCH MENTORS, ASSISTED RESIDENTS AND...

OMECO SERVED AS AN ACCREDITED OSTEOPATHIC POSTGRADUATE TRAINING INSTITUTE OF THE AMERICAN OSTEOPATHIC ASSOCIATION. IN THIS CAPACITY, IT PROVIDED ACCESS TO RESEARCH MENTORS, ASSISTED RESIDENTS AND FACULTY WITH OBTAINING FUNDING AND IDENTIFYING RESEARCH GRANTS, PROVIDED BUDGETED SEED GRANTS, PROVIDED SAMPLE POLICIES AND PROCEDURES TO INSTITUTIONS, PROVIDED ACCESS TO RESEARCH COMPETITIONS, AND ASSISTED RESIDENTS AND FACULTY WITH IDENTIFYING PUBLICATION AND PRESENTATION OPPORTUNITIES WITH NATIONAL ASSOCIATIONS AND JOURNALS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $14,042,823

Program Service Revenue $0

Investment Income $0

Other Revenue $252,568

TOTAL REVENUE $14,295,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,064,893

Other Expenses $8,111,743

TOTAL EXPENSES $8,111,743

Year-over-Year Comparison

	2022	2021	Change
Revenue	$14,295,391	$10,278,757	+0.4%
Expenses	$8,111,743	$10,094,758	-0.2%
Net Income	$6,183,648	$183,999	+32.6%

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

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
LESLEY VAN VOLKINBURG	EXECUTIVE DIRECTOR	34.00	Officer Director	$0	$0	$0
MO SOM	CHIEF ACADEMIC OFFICER AND	20.00	Officer Director	$0	$0	$0
DON LOWTHER	CFO AND DIRECTOR	20.00	Officer Director	$0	$0	$0
DENNIS BLANKENSHIP	DIRECTOR	1.00	Officer Director	$0	$0	$0
ERIC POLAK	DIRECTOR	1.00	Officer Director	$0	$0	$0
JENNY ALEXOPULOS	DIRECTOR	1.00	Officer Director	$0	$0	$0
LAUREN BODE	DIRECTOR	1.00	Officer Director	$0	$0	$0
DUSTIN BECK	DIRECTOR	1.00	Officer Director	$0	$0	$0
MARILYN HINES	DIRECTOR	1.00	Officer Director	$0	$0	$0
BRIAN WOODLIFF	DIRECTOR	1.00	Officer Director	$0	$0	$0
ASHTON CLAYTON	DIRECTOR	1.00	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$14,295,391	$8,111,743	$7,695,433	$6,183,648
2022	$10,278,757	$10,094,758	$2,460,689	$183,999
2021	$6,319,915	$6,180,282	$3,495,258	$139,633
2020	$9,221,433	$9,281,379	$3,250,514	$-59,946
2020	$6,202,557	$9,281,379	$231,638	$-3,078,822
2019	$8,545,586	$8,598,331	$3,226,389	$-52,745
2018	$7,387,001	$7,464,629	$3,920,310	$-77,628

OSTEOPATHIC MEDICAL EDUCATION CONSORTIUM OF OKLAHOMA DBA OMECO