Omega Charitable Developers Inc (EIN 760492399) - 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

1996

Legal Domicile

Principal Officer

GABRIEL SOTRES

Phone

2817596774

Tax Period

2024-01-01 to 2024-12-31

Omega Charitable Developers Inc, founded in 1996, is a mid-sized nonprofit in the Religion sector that reported $35.5M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum.

Mission

THE ENTITY IS ORGANIZED TO PROVIDE GRANTS TO PHILOSOPHY AND THEOLOGY SCHOOLS, AS WELL AS TO SUPPORT THE DEVELOPMENT OF THE INSTITUTIONS.

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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 $35,531,839

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $35,531,839

Expense Breakdown

Grants Paid $35,878,662

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,878,662

Other Expenses $291,320

TOTAL EXPENSES $36,169,982

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,531,839	$23,494,290	+0.5%
Expenses	$36,169,982	$23,887,680	+0.5%
Net Income	$-638,143	$-393,390	+0.6%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GABRIEL SOTRES	PRESIDENT/CHAIRMAN	2.0	Officer Director	$0	$0	$0
JAVIER GARCIA	TREASURER	2.0	Officer Director	$0	$0	$0
OSCAR NADER	SECRETARY	2.0	Officer 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
2024	$35,531,839	$36,169,982	$4,808,705	$-638,143
2023	$23,494,290	$23,887,680	$5,448,012	$-393,390
2022	$32,613,211	$32,946,898	$5,841,403	$-333,687
2021	$33,763,984	$33,596,275	$6,275,678	$167,709
2020	$27,725,079	$26,966,114	$6,107,969	$758,965
2019	$24,727,959	$29,272,833	$5,349,006	$-4,544,874
2018	$22,858,099	$22,899,547	$9,888,787	$-41,448

Omega Charitable Developers Inc