OMEGA ALPHA ELDER ASSOCIATION OF ZETA PSI (EIN 821997806) - 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

2017

Legal Domicile

Principal Officer

Oscar Martinez

Phone

3059728192

Tax Period

2023-10-01 to 2024-09-30

OMEGA ALPHA ELDER ASSOCIATION OF ZETA PSI, founded in 2017, is a micro nonprofit in the Education sector that reported $8K in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $26K exceeded revenue, resulting in a 237% operating deficit.

Mission

Foster mentorship and interaction between university alumni and undergraduates to facilitate career guidance. Organize philanthropic activites between members and the local university community. Maintain house.

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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 $0

Program Service Revenue $7,610

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,610

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $25,665

TOTAL EXPENSES $25,665

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,610	$83,644	-0.9%
Expenses	$25,665	$52,548	-0.5%
Net Income	$-18,055	$31,096	-1.6%

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
Oscar Martinez	individual director, officer secretary, president	2	Officer Director	$0	$0	$0
Itai Fruchter	individual director	1	Director	$0	$0	$0
Satvik Jain	Individual Director	2	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	$7,610	$25,665	$706,957	$-18,055
2023	$83,644	$52,548	$723,426	$31,096
2022	$78,096	$70,159	$741,500	$7,937
2021	$80,953	$97,852	$757,887	$-16,899
2020	$110,767	$110,529	$774,773	$238

OMEGA ALPHA ELDER ASSOCIATION OF ZETA PSI