Omicelo Cares INC FY2020 filing

Pittsburgh, PAUnknown exempt organizationEIN 47-5013335Revenue $507K in FY2020

On file with the IRSomicelocares.org1435 Bedford Avenue · Pittsburgh, PA

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Provide real estate and business principles education for individuals in low to moderate income neighborhoods

60¢ of each $1 spent went to programs.
$100K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $39K a year · 13% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$100K
to officers and key staff · 35% of spending
Concern: pay to officers and key staff is 35% of spending; over 30%.
Pt VII · Sec A
Cash reserves
21 mo
of spending, in cash
Looks good: 21.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$50K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$507K
Spent
$287K
To programs
60%
Net assets
$947K
By yearFY2020–FY2024
Revenue
$507K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$507K
FY2021$343K
FY2022$583K
FY2023$45K
FY2024$5K
Expenses
$287K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$287K
FY2021$361K
FY2022$527K
FY2023$433K
FY2024$68K
Net assets
$947K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$947K
FY2021$930K
FY2022$985K
FY2023$597K
FY2024$0

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $173K Management & general 39% · $113K Fundraising 0% · $820

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $100K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$99,600Pt VII · Sec A
Chairman/President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Jason D Flowers$93,690$105,433$99,600

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Teaches real estate and business skills to people in low-income areas.

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Provided by the organization

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1 program · $173K · in their own filed words · FY2020
01

Real Estate and Business Principles Education

Educated 138 participants as well as provided services to minority and woman owned businesses in 2020

$173Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$15K
Grants paid · 2 grants · $167K · 2023–2024
Neighboorhood Allies INCPA · FY2024$21,550
Neighboorhood Allies INCPA · FY2023$145,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$507K
Ln 12
Gifts and grantsLn 1h$431K
Fees for servicesLn 2g$40K
Other incomeLn 4–11$36K
Money outPt IX
$287K
Ln 25
Programscol B$173K
Managementcol C$113K
Fundraisingcol D$820
Owns and owesPt X
$947K
net assets · Ln 32
Cash and savingsLn 1–2$508K
Total assetsLn 16$997K
LiabilitiesLn 26$50K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$431K
Noncash giftsLn 1g$52K
Fees for servicesLn 2g$40K
Other incomeLn 4–11$36K
Total revenueLn 12$507K
Assets in detailPt X, end of year
CashLn 1$508K
Cash and savings togetherLn 1–2$508K
Land, buildings, equipmentLn 10c$476K
Total assetsLn 16$997K
LiabilitiesLn 26$50K
Net assetsLn 32$947K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$330K$508K
Land, buildings, equipmentLn 10c$413K$476K
Total assetsLn 16$774K$997K
LiabilitiesLn 26$47K$50K
Net assetsLn 32$727K$947K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$100K$65K$35K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$78K$78K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$13K$9K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$29K$13K$16K
Advertising and promotionLn 12$688$688
Office expensesLn 13$20K$3K$16K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$674$674
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$252$252
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$33K$6K$28K$132
All other expensesLn 24e$0
Total functional expensesLn 25$287K$173K$113K$820

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $5K$68K−$63K$0 990 PDF
FY2023 $45K$433K−$388K$597K 990 PDF
FY2022 $583K$527K$55K$985K 990 PDF
FY2021 $343K$361K−$17K$930K 990 PDF
FY2020 Viewing $507K$287K$220K$947K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $507,003 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $771,890$431,072
I-9 Program service revenuePrior year $40,345$40,423
I-10 Investment income$0
I-11 Other revenuePrior year $26,279$35,508
I-12 Total revenuePrior year $838,514$507,003
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $85,431$190,220
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $130,405$96,654
I-18 Total expensesPrior year $215,836$286,874
I-19 Revenue less expensesPrior year $622,678$220,129
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $507,003 across 7 lines filed
VIII-1f All other contributions, gifts and grants$431,072
VIII-1g Noncash contributions (included above)$51,800
VIII-1h Total contributions, gifts and grants$431,072
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $40,423$40,423
VIII-6 Net rental income or loss$31,161
VIII-8 Net income from fundraising events$4,347
VIII-12 Total revenueRelated to mission $40,423$507,003
Part IX · Statement of functional expenses $286,874 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $64,740 · Management $34,860$99,600
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $77,600$77,600
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $8,873 · Management $4,147$13,020
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $13,029 · Management $16,015$29,044
IX-12 Advertising and promotionFundraising $688$688
IX-13 Office expensesPrograms $3,206 · Management $16,380$19,586
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelManagement $674$674
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $252$252
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $2,002$2,002
IX-23 InsuranceManagement $11,049$11,049
IX-24 Other expenses (24a–d)Programs $5,657 · Management $27,570 · Fundraising $132$33,359
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $173,105 · Management $112,949 · Fundraising $820$286,874
Part X · Balance sheet $997,142 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $329,669$508,403
X-4 Accounts receivableStart of year $28,668$11,347
X-9 Prepaid expenses and deferred chargesStart of year $3,236$1,817
X-10c Land, buildings and equipment, netStart of year $412,551$475,575
X-16 Total assetsStart of year $774,124$997,142
X-17 Accounts payable and accrued expensesStart of year $47,170$21,959
X-24 Unsecured notes and loans payable$28,100
X-26 Total liabilitiesStart of year $47,170$50,059
X-27 Net assets without donor restrictionsStart of year $420,697$487,942
X-28 Net assets with donor restrictionsStart of year $306,257$459,141
X-32 Total net assets or fund balancesStart of year $726,954$947,083
X-33 Total liabilities and net assetsStart of year $774,124$997,142
Part XI · Reconciliation of net assets $947,083 net assets at year end
XI-1 Total revenue$507,003
XI-2 Total expenses$286,874
XI-3 Revenue less expenses$220,129
XI-4 Net assets at start of year$726,954
XI-10 Net assets at end of year$947,083

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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