OSAGE ECONOMIC BETTERMENT COMPANY (EIN 473978454) - 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

2014

Legal Domicile

Principal Officer

KEVIN KOLBET

Phone

6417323337

Tax Period

2023-10-01 to 2024-09-30

OSAGE ECONOMIC BETTERMENT COMPANY, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $181K in total revenue in fiscal year 2023. The organization ran a surplus of $121K, a strong 67% operating margin.

Mission

ECONOMIC DEVELOPMENT, TO CREATE JOBS BY SUPPLYING HELP TO NEW BUSINESS, AND TO SUPPORT EXISTING BUSINESS, THIS COULD INCLUDE PURCHASING SPACE TO RENT OUT TO EXISTING BUSINESS TO MAINTAIN JOBS IN THE AREA AND TO ALLOW SPACE FOR NEW BUSINESS TO START.

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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 $0

Program Service Revenue $180,538

Investment Income $0

Other Revenue $0

TOTAL REVENUE $180,538

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,818

Other Expenses $54,818

TOTAL EXPENSES $59,818

Year-over-Year Comparison

	2023	2022	Change
Revenue	$180,538	$180,407	+0.0%
Expenses	$59,818	$65,198	-0.1%
Net Income	$120,720	$115,209	+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

N/A

Volunteers

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
MARK TAETS	Director	0.25	Director	$0	$0	$0
KEVIN KOLBET	President	0.25	Officer	$0	$0	$0
LOU ANN MURPHY	Treasurer	0.25	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
2025	No data	No data	No data	No data
2024	$180,538	$59,818	$1,887,291	$120,720
2023	$180,407	$65,198	$1,848,339	$115,209
2022	$1,072,786	$69,382	$1,811,566	$1,003,404
2021	$166,879	$69,494	$883,362	$97,385
2020	$130,213	$63,145	$846,212	$67,068
2019	$145,133	$100,667	$854,077	$44,466

OSAGE ECONOMIC BETTERMENT COMPANY