Omicron Foundation INC EIN 16-1279916 Form 990 (PDF) Claim this org

Omicron Foundation INC

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Omicron Foundation INC is a member-serving organization based in Rochester, NY. For fiscal year 2025 it reported $475K in revenue, $417K in expenses, and $1.1M in net assets.Pt I

Type
Mutual-benefit / member-serving · Education
Location
Rochester, NY
Filings
5 on file (2021–2025)
Revenue
$475KFY2025
Expenses
$417K
Net assets
$1.1M
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  16-1279916 Mutual-benefit / member-serving Rochester, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
a member-serving organization
Leadership
David Dworkin · Executive Trustee
Money in and out
$475K revenue, $417K expenses
Bottom line
+12% surplus margin
Reported financial activity · FY2025
Total revenue
$475K
Pt VIII · Ln 12
Total expenses
$417K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $58K
Surplus margin
+12%
revenue over expenses, this year▼ -31% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$475K
FY2025▼ -10%
Expenses
$417K
FY2025▼ -4%
Total assets
$1.2M
FY2025▲ +6%
Total liabilities
$67K
FY2025▲ +5%
Total revenue
$475K
Pt VIII · Ln 12
Total expenses
$417K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$58K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COmicron Foundation INC
EINHdr · item D16-1279916
Principal addressHdr · item CRochester, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(7) · active
NTEE classificationIRS BMFEducation (B83)
Ruling yearIRS BMFJun 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

To provide fraternity members housing and space to hold activities.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$246K · 52%
Program service revenue$222K · 47%
Investment income$7K · 1%
Contributions & grants52%$246K
Program service revenue47%$222K
Investment income1%$7K
Total revenueLn 12$475K

Balance Sheet

Part X · end of year
CashLn 1$490K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$67K
Total net assetsLn 32$1.1M
Months of cash on handcomputed14.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $490K · Operating expenses/yr $417K
14.1 months
Where the money goes
Program services
Program services — · Total expenses $417K
Management & General
Management & general — · Total expenses $417K
Fundraising
Fundraising — · Total expenses $417K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $246K · Total revenue $475K
52%
Government reliance
Government grants — · Total revenue $475K
Earned-income share
Program service revenue $222K · Total revenue $475K
47%
Investment reliance
Investment income $7K · Total revenue $475K
+1%
Program self-sufficiency
Program service revenue $222K · Total expenses $417K
53%
Growth & trend
Revenue growth (YoY)
This year $475K · Prior year $529K
-10%
Revenue CAGR
FY2020 $213K · FY2024 $475K
+22%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $475K · Expenses $417K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.1M · Total assets $1.2M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Dworkin · Reported title EXECUTIVE TRUSTEE · Highest reported compensation $0 · Total expenses $417K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $417K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%
Revenue growth -10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$475K revenue · viewing · ⤓ 990 PDF
FY2024$529K revenue · ⤓ 990 PDF
FY2023$494K revenue · ⤓ 990 PDF
FY2022$354K revenue · ⤓ 990 PDF
FY2021$213K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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