OYATE GROUP (EIN 823644288) - 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

2018

Legal Domicile

Principal Officer

TOMAS RAMOS

Phone

7183442930

Tax Period

2024-01-01 to 2024-12-31

OYATE GROUP, founded in 2018, is a community nonprofit in the Youth Development sector that reported $2.6M in total revenue in fiscal year 2024. Expenses of $3.2M exceeded revenue, resulting in a 24% operating deficit.

Mission

THE OYATE GROUP IS A NONPROFIT ORGANIZATION WITH THE MISSION TO ALLEVIATE POVERTY BY CREATING SUSTAINABLE AND HOLISTIC SOLUTIONS THAT EMPOWER UNDERSERVED COMMUNITIES ALL ACROSS NEW YORK CITY. THE OYATE GROUP'S MISSION IS TO ALLEVIATE POVERTY BY A THREE-PRONGED STRATEGY

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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 $2,592,116

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,592,116

Expense Breakdown

Grants Paid $821,587

Salaries & Benefits $786,032

Fundraising Expenses $0

Program Expenses $2,945,058

Other Expenses $1,618,936

TOTAL EXPENSES $3,226,555

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,592,116	$2,609,057	0.0%
Expenses	$3,226,555	$2,095,278	+0.5%
Net Income	$-634,439	$513,779	-2.2%

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

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

$182,885

Total Directors

$306,116

Key Employees

$123,231

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOMAS RAMOS	PRESIDENT/CEO	40	Officer Director Highest	$182,885	$0	$182,885
JASON AUTAR	SECRETARY	40	Director Key Emp	$123,231	$0	$123,231
JIMI OLANIPEKUN	TREASURER	1	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	$2,592,116	$3,226,555	$1,377,693	$-634,439
2023	$2,609,057	$2,095,278	$2,130,477	$513,779
2022	$1,050,520	$1,928,149	$445,717	$-877,629
2021	$3,389,137	$2,682,418	$1,316,183	$706,719
2020	$1,010,250	$408,514	$605,721	$601,736

OYATE GROUP