CHAPEL HILL, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE OSMAN FOUNDATION INC FKA THE MIAMI CANCER CONFERENCE INC, founded in 1983, is a micro nonprofit that reported $32K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 3627% operating deficit.
THE MISSION OF THE OSMAN FOUNDATION IS TO PROVIDE ASSISTANCE TO DISADVANTAGED CHILDREN, HELPING THEM TO REACH THEIR FULL POTENTIAL AND BECOME CONTRIBUTING CITIZENS OF THE WORLD.
THE ORGANIZATION MADE GRANTS TO OTHER ORGANIZATIONS WHICH ARE INVOLVED IN PROVIDING ASSISTANCE TO DISADVANTAGED CHILDREN OR OTHER CHARITABLE ACTIVITIES.
THE ORGANIZATION PROVIDED ASSISTANCE TO DISADVANTAGED CHILDREN THROUGH THE FOLLOWING ENRICHMENT PROGRAMS TO ALL STUDENTS IN K-12 STUDENTS:1. REACH YOUR POTENTIAL - A PROGRAM THAT TEACHES...
THE ORGANIZATION PROVIDED ASSISTANCE TO DISADVANTAGED CHILDREN THROUGH THE FOLLOWING ENRICHMENT PROGRAMS TO ALL STUDENTS IN K-12 STUDENTS:1. REACH YOUR POTENTIAL - A PROGRAM THAT TEACHES COMMUNICATION AND CONFIDENCE-BUILDING SKILLS THROUGH A SERIES OF OUTDOOR, COLLABORATIVE ADVENTURE ACTIVITIES. STUDENTS WORK TOGETHER TO SOLVE PROBLEMS, MAKE DECISIONS AND STRETCH THEIR BOUNDARIES. OVER 300 STUDENTS SERVED.2. READ WITH ME- A KINDERGARTEN/1ST GRADE LITERACY PROGRAM THAT UTILIZES VOLUNTEERS FROM THE COMMUNITY TO BUILD READING RELATIONSHIPS WITH STRUGGLING READERS. ONE-ON-ONE ASSISTANCE IS PROVIDED, AS NEEDED WITHIN A SCHOOL, ONCE A WEEK FOR 30 MINUTES DURING THE SCHOOL DAY.3. ENRICHMENT SUMMER PROGRAM - PROVIDED ONE-DAY ADVENTURE UP EVENTS FOR CHATHAM COUNTY SCHOOL STUDENTS IN 4TH TO 7TH GRADES DURING JUNE 2024. 30 STUDENTS SERVED.4. COMMUNITY PARTNERSHIPS - THROUGHOUT THE YEAR, LOCAL SCHOOLS AND ORGANIZATIONS ARE SELECTED TO RECEIVE OUR SUPPORT. EXAMPLES ARE AS FOLLOWS: GROUPS ARE PROVIDED COMPLIMENTARY MEETING SPACE FOR THEIR GATHERINGS. PROFESSIONAL TRAINING SERVICES ARE PROVIDED FOR EDUCATORS AND COMMUNITY LEADERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $31,569 | $95,567 | -0.7% |
| Expenses | $1,176,435 | $149,834 | +6.9% |
| Net Income | $-1,144,866 | $-54,267 | +20.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LOIS OSMAN | SECRETARY/TREASURER | 20.00 |
Officer
Director
|
$15,000 | $0 | $15,000 |
| CAROLE T EPSTEIN | VICE PRESIDENT | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| JACK BURSTINER | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $31,569 | $1,176,435 | No data | $-1,144,866 |
| 2024 | $95,567 | $149,834 | $1,205,919 | $-54,267 |
| 2023 | $125,346 | $170,316 | $1,113,904 | $-44,970 |
| 2022 | $115,515 | $163,115 | $1,143,590 | $-47,600 |
| 2021 | $113,244 | $165,741 | $1,371,128 | $-52,497 |
| 2020 | $21,493 | $148,959 | $1,297,192 | $-127,466 |
| 2019 | $71,445 | $216,015 | $1,316,851 | $-144,570 |
| 2018 | $105,238 | $206,498 | $1,400,093 | $-101,260 |
Compare THE OSMAN FOUNDATION INC FKA THE MIAMI CANCER CONFERENCE INC with other nonprofits in North Carolina and across the country.