OSTEOPATHIC MEDICAL EDUCATION CONSORTIUM OF OKLAHOMA DBA OMECO

EIN: 452525815 501(c)(3) Education

TULSA, OK

Total Revenue
$14,295,391
Total Expenses
$8,111,743
Total Assets
$7,695,433
Net Assets
$6,517,103
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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
OK
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.

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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 (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

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Governance

Voting Members
11
Independent Members
11
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
11
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
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
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