Bay Area Omni Foundation for (EIN 943181705) - 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

Richard Patterson

Tax Period

2024-01-01 to 2024-12-31

Bay Area Omni Foundation for, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $214K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

Promotion of Classical Guitar

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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 $107,270

Program Service Revenue $107,221

Investment Income $0

Other Revenue $0

TOTAL REVENUE $214,491

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $208,228

Other Expenses $208,228

TOTAL EXPENSES $208,228

Year-over-Year Comparison

	2024	2023	Change
Revenue	$214,491	$192,946	+0.1%
Expenses	$208,228	$206,794	+0.0%
Net Income	$6,263	$-13,848	-1.5%

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

N/A

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

$37,800

Total Directors

$2,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Patterson	President	10.00	Officer	$37,800	$0	$37,800
David J Pederson	Director	0.00	Director	$2,000	$0	$2,000
Jennifer Trowbridge	Secretary	0.00	Director	$0	$0	$0
Kenneth R Hill	Director	0.00	Director	$0	$0	$0
Marcia D Geil	Treasurer	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	No data	No data	No data	No data
2024	$214,491	$208,228	$122,336	$6,263
2023	$192,946	$206,794	$116,318	$-13,848
2022	$219,148	$215,730	$130,215	$3,418
2021	$137,001	$107,974	$122,539	$29,027
2020	$101,916	$82,826	$93,833	$19,090
2019	$204,712	$171,890	$77,621	$32,822
2018	$147,409	$174,559	$48,026	$-27,150

Bay Area Omni Foundation for