OURSPACE WORLD INC (EIN 611663030) - 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

2011

Legal Domicile

Principal Officer

Aitalohi Amaize

Phone

6786130427

Tax Period

2024-01-01 to 2024-12-31

OURSPACE WORLD INC, founded in 2011, is a community nonprofit in the Health Care sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.6M exceeded revenue, resulting in a 11% operating deficit.

Mission

The mission of OurSpace World is to cooperatively educate, organize, and support groups of earth healers and land stewards. We help systematically disadvantaged farmers, builders, healers, and educators attain sovereignty and sustainability through partnerships and wise resource acquisition and management.

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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 $1,309,700

Program Service Revenue $151,369

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,461,069

Expense Breakdown

Grants Paid $118,378

Salaries & Benefits $676,174

Fundraising Expenses $3,316

Program Expenses $1,449,687

Other Expenses $830,488

TOTAL EXPENSES $1,625,040

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,461,069	$1,468,468	0.0%
Expenses	$1,625,040	$928,649	+0.7%
Net Income	$-163,971	$539,819	-1.3%

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

$120,762

Key Employees

$61,666

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kwabena Sika	Operations Director	40	Director Key Emp	$61,666	$0	$61,666
Aita Amaize	Administrative Director	40	Director	$59,096	$0	$59,096
Nichele Vaughn	Board Member	2	Director	$0	$0	$0
Adjoa Oriyomi	Board President	2	Officer Director	$0	$0	$0
Deanna Barath	Board Member	2	Director	$0	$0	$0
LaShaune Stitt	Board Member	2	Director	$0	$0	$0
Dorothy Morrison	Board Member	2	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
2024	$1,461,069	$1,625,040	$687,932	$-163,971
2023	$1,468,468	$928,649	$928,630	$539,819
2022	$296,874	$198,637	$238,669	$98,237
2021	$221,814	$207,208	$138,218	$14,606
2020	$128,913	$47,042	$89,780	$81,871
2019	$3,260	$2,054	$7,675	$1,206

OURSPACE WORLD INC