Ninth District of Omega Psi Phi Fraternity Inc

EIN: 721140699 Education

New Orleans, LA

Total Revenue
$599,370
Total Expenses
$533,393
Total Assets
$889,967
Net Assets
$765,902
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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
1911
Legal Domicile
LA
Tax Period
2023-11-01 to 2024-10-31

Ninth District of Omega Psi Phi Fraternity Inc, founded in 1911, is a small nonprofit in the Education sector that reported $599K in total revenue in fiscal year 2023. Expenses of $533K left a modest 11% surplus.

Mission

Fraternity

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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 (2023)

Revenue Breakdown

Contributions & Grants $232,936
Program Service Revenue $333,704
Investment Income $14,055
Other Revenue $18,675
TOTAL REVENUE $599,370

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $494,255
Other Expenses $533,393
TOTAL EXPENSES $533,393

Year-over-Year Comparison

2023 2022 Change
Revenue $599,370 $572,113 +0.0%
Expenses $533,393 $517,798 +0.0%
Net Income $65,977 $54,315 +0.2%
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
16
Independent Members
16
Employees
N/A
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
16
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jalen Martin OUGR 5.00
Officer
$0 $0 $0
Antonio D Brown District Keeper of Records of 5.00
Officer
$0 $0 $0
Frederick Sharkey AUGR 5.00
Officer
$0 $0 $0
Lloyd Clark LA Graduate Rep 5.00
Officer
$0 $0 $0
Malachi Nelson Texas UG Rep 5.00
Officer
$0 $0 $0
Leonard Graves Immediate District Marshal 5.00
Officer
$0 $0 $0
Carl Johnson District Marshal 5.00
Officer
$0 $0 $0
Kamara Washington Oklahoma Graduate Rep 5.00
Officer
$0 $0 $0
Jeffrey Ducre Jr Second-Vice District Represen 15.00
Officer
$0 $0 $0
David Washington Jr First Vice District Rep 20.00
Officer
$0 $0 $0
Harold Bailey Immediate District Representa 15.00
Officer
$0 $0 $0
Van Newborn MBA District Representative 30.00
Officer
$0 $0 $0
Ernest Brown District Chaplain 5.00
Officer
$0 $0 $0
NaShon Edwards District Director of Public R 5.00
Officer
$0 $0 $0
Clifford Hodick District Keeper of Finance 15.00
Officer
$0 $0 $0
Shannon Holmes District Counselor 20.00
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 $599,370 $533,393 $889,967 $65,977
2018 $475,982 $449,304 $567,821 $26,678
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