Order of Omega (EIN 752162127) - 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

1993

Legal Domicile

Principal Officer

Seth A Ressl

Phone

8172654074

Tax Period

2024-09-01 to 2025-08-31

Order of Omega, founded in 1993, is a small nonprofit in the Education sector that reported $713K in total revenue in fiscal year 2024. Net assets of $1.9M represent 32 months of operating reserves.

Mission

To honor and recognize the top 5% of outstanding fraternity and sorority leaders for their leadership and service and scholarships. To provide leadership development opportunities through programing and expereiential learning. Award annual scholarships to undersgraduates, master and doctoral students and new professionals to support therir academic endeavors

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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 $642,310

Program Service Revenue $0

Investment Income $66,217

Other Revenue $4,518

TOTAL REVENUE $713,045

Expense Breakdown

Grants Paid $76,281

Salaries & Benefits $381,674

Fundraising Expenses $0

Program Expenses $648,940

Other Expenses $308,485

TOTAL EXPENSES $766,440

Year-over-Year Comparison

	2024	2023	Change
Revenue	$713,045	$673,148	+0.1%
Expenses	$766,440	$670,668	+0.1%
Net Income	$-53,395	$2,480	-22.5%

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

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

$110,030

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Howard M Farrell	Treasurer	2.00	Officer Director	$0	$0	$0
Anne Trask Forcier	Director	0.00	Director	$0	$0	$0
Dr Larry Lunsford	Director	0.00	Director	$0	$0	$0
Darald Stubbs	Director	0.00	Director	$0	$0	$0
Reatha Cox	Vice President	2.00	Officer Director	$0	$0	$0
Dr David L Grady	President	2.00	Officer Director	$0	$0	$0
Cheri Wechsler	Director	0.00	Director	$0	$0	$0
Lamar Bryant	Director	0.00	Director	$0	$0	$0
Martha Sorensen	Executive Director	40.00	Key Emp	$96,900	$0	$96,900
Seth A Ressl	Assoc Exec Director	5.00	Key Emp	$13,130	$0	$13,130
Antonio Ramirez Salcedo	Student Member	0.00	Director	$0	$0	$0
Dr Elizabeth With	Director	0.00	Director	$0	$0	$0
Rob Wellbaum	Director	0.00	Director	$0	$0	$0
Kaylee Prewitt	Student Member	0.00	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	$713,045	$766,440	$1,919,154	$-53,395
2024	$673,148	$670,668	$1,971,402	$2,480
2023	$703,570	$626,299	$1,950,178	$77,271
2022	$607,076	$608,120	$1,872,908	$-1,044
2021	$646,088	$529,228	$1,932,384	$116,860
2020	$454,029	$590,596	$1,819,189	$-136,567
2020	$605,458	$590,596	$1,979,705	$14,862
2019	$644,987	$656,989	$1,899,351	$-12,002
2018	$753,819	$629,879	$1,888,255	$123,940

Order of Omega