Osborn Neighborhood Alliance

EIN: 814399151 501(c)(3) Community Improvement

Detroit, MI

Total Revenue
$72,779
Total Expenses
$510,485
Total Assets
$678,708
Net Assets
$140,474
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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
2024
Legal Domicile
MI
Principal Officer
Quincy Jones
Phone
2486055194
Tax Period
2024-12-01 to 2025-11-30

Osborn Neighborhood Alliance, founded in 2024, is a micro nonprofit in the Community Improvement sector that reported $73K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $510K exceeded revenue, resulting in a 601% operating deficit.

Mission

The Osborn Neighborhood Alliance ONA was established in 2011 by community members and stakeholders. The mission of Ona is to be a knowledge broker advocating for resources to improve the quality of life of residents in Osborn

Program Service Accomplishments

Program 1
Expenses: $306,291 Revenue: $0

During 2024-2025 Osborn Neighborhood Alliance ONA graduated businesses from its business development program. These businesses ranged from beginner entrepreneurs to established and experienced...

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During 2024-2025 Osborn Neighborhood Alliance ONA graduated businesses from its business development program. These businesses ranged from beginner entrepreneurs to established and experienced business owners. ONA rehabilitated a total of 12,000 square feet of residential development resulting in the completion of 10 housing units.,established its Youth Boxing Program in collaboration with Matrix Human Services and currently rehabilitating two commercial buildings and provided literacy training to seniors and youth

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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 (2024)

Revenue Breakdown

Contributions & Grants $519,823
Program Service Revenue $170,044
Investment Income $10
Other Revenue $-617,098
TOTAL REVENUE $72,779

Expense Breakdown

Grants Paid $0
Salaries & Benefits $169,137
Fundraising Expenses $25,524
Program Expenses $306,291
Other Expenses $341,348
TOTAL EXPENSES $510,485

Year-over-Year Comparison

2024 2023 Change
Revenue $72,779 $366,849 -0.8%
Expenses $510,485 $465,195 +0.1%
Net Income $-437,706 $-98,346 +3.5%
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

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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
50

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
3
$86,195
Total Directors
8
$86,195
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Quincy Jones Executive Director 40.00
Officer Director
$86,195 $0 $86,195
Arneatha Renolds Board Chair 2.00
Officer Director
$0 $0 $0
Tony Rusell Vice Chair 2.00
Officer Director
$0 $0 $0
Marcell Copeland Board member 2.00
Director
$0 $0 $0
Ernestine Jones Board member 2.00
Director
$0 $0 $0
Karen Hagerman Board member 2.00
Director
$0 $0 $0
Jeremy Lewis Board member 2.00
Director
$0 $0 $0
Emmit Conner Board member 2.00
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 $72,779 $510,485 $678,708 $-437,706
2024 $366,849 $465,195 $1,334,019 $-98,346
2023 $548,960 $365,719 $787,798 $183,241
2022 $539,586 $448,793 $503,736 $90,793
2020 $762,029 $699,185 $237,886 $62,844
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