OMEGA TRUST ASSOCIATION (EIN 586105379) - 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

1913

Legal Domicile

Principal Officer

DAVE SKELTON CO JONES AN

Phone

4042627920

Tax Period

2024-07-01 to 2025-06-30

OMEGA TRUST ASSOCIATION, founded in 1913, is a small nonprofit that reported $170K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $42K, a strong 25% operating margin.

Mission

PROVIDE HOUSING FOR FRATERNITY CHAPTER

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $170,284

Investment Income $0

Other Revenue $0

TOTAL REVENUE $170,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $128,549

TOTAL EXPENSES $128,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$170,284	$181,384	-0.1%
Expenses	$128,549	$219,135	-0.4%
Net Income	$41,735	$-37,751	-2.1%

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

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
DAVE SKELTON	PRESIDENT AND VICE PRESIDE	2.00	Officer Director	$0	$0	$0
ADRIAN GARCIA	TREASURER	1.00	Officer Director	$0	$0	$0
RYAN MERKLEN	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS BARNIDGE	DIRECTOR	1.00	Director	$0	$0	$0
CARDEN CLARK	DIRECTOR	1.00	Director	$0	$0	$0
JIM DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
CLARK KJORLAUG	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SPAIN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF STEWART	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN WEBBER	DIRECTOR	1.00	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
2025	$170,284	$128,549	$908,559	$41,735
2024	$181,384	$219,135	$894,564	$-37,751
2023	$152,971	$200,617	$960,834	$-47,646
2022	$176,805	$190,730	$671,195	$-13,925
2021	$254,816	$163,509	$728,777	$91,307

OMEGA TRUST ASSOCIATION