Ninth District of Omega Psi Phi Fr… - Form 990 Financial Data

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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

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

Program Service Accomplishments

Program 1

Expenses: $494,255

The Fraternity provided scholarships. It hosted conferences and meetings for the purpose of educating and training its members and leadership, and to promote fiendship and brotherhood.

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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 (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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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

Ninth District of Omega Psi Phi Fraternity Inc