Opulent Philanthropy Inc

EIN: 453088713 501(c)(3) Philanthropy & Grantmaking

Houston, TX

Total Revenue
$214,193
Total Expenses
$224,059
Total Assets
$99,556
Net Assets
$99,556
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Phone
8326772386
Tax Period
2024-01-01 to 2024-12-31

Opulent Philanthropy Inc, founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $214K in total revenue in fiscal year 2024.

Mission

To Empower the most vulderable among us, to improve their quality of life by Providing shelter, food, wather, and assitance with medical bills, and education during disasters, homelessness, cancer, and other hardships.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $214,193
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $214,193

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,341
Fundraising Expenses $75,000
Program Expenses $118,001
Other Expenses $38,718
TOTAL EXPENSES $224,059

Year-over-Year Comparison

2024 2023 Change
Revenue $214,193 N/A N/A
Expenses $224,059 N/A N/A
Net Income $-9,866 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ronald Dewitt President 40.00
Officer
$0 $0 $0
Felicia Batiste Secretary 1.00
Officer
$0 $0 $0
James Neally Treasurer 1.00
Officer
$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 $214,193 $224,059 $99,556 $-9,866
2023 $229,967 $322,723 $109,422 $-92,756
2022 No data $130,872 $124,115 No data
2021 $139,365 $154,848 $254,987 $-15,483
2020 $383,862 $116,385 $270,470 $267,477
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Opulent Philanthropy Inc with other nonprofits in Texas and across the country.