OMEGA LAMPLIGHTERS INC (EIN 473736894) - 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

2019

Legal Domicile

Principal Officer

ROYLE KING II

Phone

2143642921

Tax Period

2023-10-01 to 2024-09-30

OMEGA LAMPLIGHTERS INC, founded in 2019, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 7% surplus.

Mission

TO EMPOWER SECONDARY AGED YOUTH WITH ACADEMIC AND SOCIAL SKILLS, COMMUNITY CONNECTIONS, AND PROGRESSIVE OPPORTUNITIES.

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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 $972,864

Program Service Revenue $84,082

Investment Income $17

Other Revenue $111,841

TOTAL REVENUE $1,168,804

Expense Breakdown

Grants Paid $0

Salaries & Benefits $595,948

Fundraising Expenses $19,068

Program Expenses $919,500

Other Expenses $490,629

TOTAL EXPENSES $1,086,577

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,168,804	$672,257	+0.7%
Expenses	$1,086,577	$593,560	+0.8%
Net Income	$82,227	$78,697	+0.0%

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

100

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

$36,496

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROYLE KING II	EXECUTIVE DI	40.00	Officer	$36,496	$0	$36,496
TRISTEN AIKENS	YOUTH PRESID	2.00	Director	$0	$0	$0
BEN CLARK	TREASURER	5.00	Director	$0	$0	$0
ASARI FLETCHER	DIRECTOR	2.00	Director	$0	$0	$0
KHARI HARRISON	DIRECTOR	2.00	Director	$0	$0	$0
KHARI JACKSON	ALUMNI SEAT	2.00	Director	$0	$0	$0
BRITTNEY JONES	VICE PRESIDE	5.00	Director	$0	$0	$0
BRITT KENT	DIRECTOR	2.00	Director	$0	$0	$0
MATT MCKIBBIN	PRESIDENT	10.00	Director	$0	$0	$0
FELICIA MILTON	DIRECTOR	2.00	Director	$0	$0	$0
TERRANCE MILTON	DIRECTOR	2.00	Director	$0	$0	$0
IVY SALTERS	DIRECTOR	2.00	Director	$0	$0	$0
BRITNEY SMITH	DIRECTOR	2.00	Director	$0	$0	$0
ROYLE KING SR	SECRETARY	5.00	Director	$0	$0	$0
STACY TINNER	DIRECTOR	2.00	Director	$0	$0	$0
JESSICA YEARY	DIRECTOR	2.00	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	$1,168,804	$1,086,577	$270,667	$82,227
2023	$672,257	$593,560	$126,896	$78,697
2022	$17,746	$20,122	$48,199	$-2,376
2021	$196,152	$157,315	$61,464	$38,837

OMEGA LAMPLIGHTERS INC