THE OSMAN FOUNDATION INC FKA THE MIAMI CANCER CONFERENCE INC

EIN: 592450554 501(c)(3)

CHAPEL HILL, NC

Total Revenue
$31,569
Total Expenses
$1,176,435
Total Assets
N/A
Net Assets
N/A
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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
1983
Legal Domicile
FL
Principal Officer
LOIS OSMAN
Phone
9543850650
Tax Period
2024-12-01 to 2025-04-30

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.

Mission

SEE PAGE 2, PART III, LINE 1

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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 $9,202
Program Service Revenue $0
Investment Income $22,367
Other Revenue $0
TOTAL REVENUE $31,569

Expense Breakdown

Grants Paid $200
Salaries & Benefits $53,933
Fundraising Expenses $0
Program Expenses $45,973
Other Expenses $1,122,302
TOTAL EXPENSES $1,176,435

Year-over-Year Comparison

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%
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
3
Independent Members
3
Employees
2
Volunteers
N/A

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
3
$15,000
Total Directors
3
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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
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