Second District - Omega Psi Phi Fraternity Inc

EIN: 521584561

Columbia, MD

Total Revenue
$416,683
Total Expenses
$281,172
Total Assets
$327,671
Net Assets
$327,671
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
MD
Principal Officer
Michael Tucker
Phone
9172084470
Tax Period
2024-11-01 to 2025-10-31

Second District - Omega Psi Phi Fraternity Inc, founded in 1948, is a small nonprofit that reported $417K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $136K, a strong 33% operating margin.

Mission

The Second District of the Omega Psi Phi Fraternity, Inc.'s mission is to provide and promote programs of social, cultural and economic uplift to the communities in the NY, NJ PA, DE and MD areas. We provide mentoring and financial support to young men in college in order to aid in the development of leaders for roles in human service arena. This mission is accomplished through training programs, scholarship awards and social action programs conducted in the community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $416,683
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $416,683

Expense Breakdown

Grants Paid $21,904
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $177,099
Other Expenses $259,268
TOTAL EXPENSES $281,172

Year-over-Year Comparison

2024 2023 Change
Revenue $416,683 $305,612 +0.4%
Expenses $281,172 $240,726 +0.2%
Net Income $135,511 $64,886 +1.1%
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
18
Independent Members
N/A
Employees
N/A
Volunteers
19

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
18
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian K Long Special Advisor 10
Officer
$0 $0 $0
Richard Allison District Marshall 5
Officer
$0 $0 $0
Amir Shareef District Representative 20
Officer
$0 $0 $0
Leon Smith 1st Vice District Representative 20
Officer
$0 $0 $0
Carl Bell District Keeper of Records and Seals 15.00
Officer
$0 $0 $0
Michael Tucker District Keeper of Finance 15
Officer
$0 $0 $0
Darwin Beauvais District Counselor 15
Officer
$0 $0 $0
Anjuan Collins District Chaplain 10
Officer
$0 $0 $0
James Sanders Assistant District Keeper of Finance 10
Officer
$0 $0 $0
Richard Watson District Keeper of Peace 5
Officer
$0 $0 $0
Warren Cox Undergraduate Representative 5
Officer
$0 $0 $0
Zanes Cypress Director of Public Relations 10
Officer
$0 $0 $0
Michael Robinson 2nd Vice District Representative 10
Officer
$0 $0 $0
Derrick Greene Assistant District Keeper of Records and Seals 10
Officer
$0 $0 $0
Jamal Parker District Photographer 5
Officer
$0 $0 $0
Jordan Gipson Undergraduate Representative 5
Officer
$0 $0 $0
Clarence Haymen V Undergraduate Representative 5
Officer
$0 $0 $0
Delrecole Gales Immediate Past District Representative 5
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 $416,683 $281,172 $327,671 $135,511
2024 $305,612 $240,726 $408,442 $64,886
2023 $392,680 $401,680 $248,277 $-9,000
2022 $596,773 $555,477 $257,277 $41,296
2021 $246,041 $201,867 $217,729 $44,174
2020 $304,394 $184,840 $173,250 $119,554
2019 $279,585 $257,138 $203,305 $22,447
2018 $145,628 $191,176 $114,263 $-45,548
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