OMEGA GRADUATE SCHOOL INC (EIN 621149976) - 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

1980

Legal Domicile

Principal Officer

Joshua D Reichard

Phone

3305029566

Tax Period

2024-07-01 to 2025-06-30

OMEGA GRADUATE SCHOOL INC, founded in 1980, is a small nonprofit that reported $435K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

The mission of Omega Graduate School is to equip Christian adults to integrate religion and society in order to transform the family church and community worldwide.

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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 $45,958

Program Service Revenue $340,337

Investment Income $48,245

Other Revenue $0

TOTAL REVENUE $434,540

Expense Breakdown

Grants Paid $21,566

Salaries & Benefits $194,552

Fundraising Expenses $36,983

Program Expenses $256,448

Other Expenses $208,328

TOTAL EXPENSES $424,446

Year-over-Year Comparison

	2024	2023	Change
Revenue	$434,540	$368,520	+0.2%
Expenses	$424,446	$388,121	+0.1%
Net Income	$10,094	$-19,601	-1.5%

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

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

$31,050

Total Directors

$35,050

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Olachea Jr	Director	0.20	Director	$0	$0	$0
Peggy Bauman-White	Director	0.20	Director	$0	$0	$0
Joshua Reichard	Ex-Official	20.00	Officer Director	$31,050	$0	$31,050
Patsy Huffaker	Director	0.20	Director	$0	$0	$0
Dr Joe Charles	Director	0.20	Director	$0	$0	$0
Dr Shane Merritt	Director	0.20	Director	$0	$0	$0
Dr Cleveland Huntley	Director	0.20	Director	$0	$0	$0
Dr Troy Fitzpatrick	Director	0.20	Director	$0	$0	$0
Dr Alfred Cockfield	Director	0.20	Director	$0	$0	$0
Dr Robert Page	Director	0.20	Director	$0	$0	$0
Dr Steve Maltempi	Director	0.20	Director	$0	$0	$0
Dr David Anderson	Director	0.20	Director	$0	$0	$0
Dr Gary Nichols	Director	0.20	Director	$0	$0	$0
Dr Sharlene Buszka	Director	2.00	Director	$4,000	$0	$4,000

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	$434,540	$424,446	$835,520	$10,094
2024	$368,520	$388,121	$790,925	$-19,601
2023	$463,973	$445,059	$792,736	$18,914
2022	$910,316	$656,392	$851,345	$253,924
2021	$631,581	$530,209	$2,131,440	$101,372
2020	$462,574	$527,942	$2,102,436	$-65,368

OMEGA GRADUATE SCHOOL INC