Omicelo Cares INC FY2022 filing

Pittsburgh, PAUnknown exempt organization EIN 47-5013335Revenue $583K in FY2022

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

54¢ of each $1 spent went to programs.
$94K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
54%
of spending
Worth a look: 54% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$94K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
11 mo
of spending, in cash
Looks good: 10.6 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
$22K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$583K
+70% vs prior year
Spent
$527K
To programs
54%
Net assets
$985K
By yearFY2020–FY2024
Revenue
$583K
FY2022▲ +70%
Tap a bar for its year
Revenue by fiscal year
FY2020$507K
FY2021$343K
FY2022$583K
FY2023$45K
FY2024$5K
Expenses
$527K
FY2022▲ +46%
Tap a bar for its year
Expenses by fiscal year
FY2020$287K
FY2021$361K
FY2022$527K
FY2023$433K
FY2024$68K
Net assets
$985K
FY2022▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$947K
FY2021$930K
FY2022$985K
FY2023$597K
FY2024$0

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 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

54 cents of each dollar spent went to programs.

Program services 54% · $287K Management & general 45% · $239K Fundraising 0% · $1K

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

9 people listed on the 990; $94K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$93,690Pt VII · Sec A
Chairman/Interim Executive Director
$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
Director
$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 · $287K · in their own filed words · FY2022
01

Real Estate and Business Principles Education

Educated 40 participants as well as provided services to minority and woman owned businesses in 2022

$287Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$583K
Ln 12
Gifts and grantsLn 1h$500K
Other incomeLn 4–11$57K
Fees for servicesLn 2g$25K
Money outPt IX
$527K
Ln 25
Programscol B$287K
Managementcol C$239K
Fundraisingcol D$1K
Owns and owesPt X
$985K
net assets · Ln 32
Cash and savingsLn 1–2$465K
Total assetsLn 16$1.0M
LiabilitiesLn 26$22K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$500K
Fundraising eventsLn 1c$2K
Fees for servicesLn 2g$25K
Other incomeLn 4–11$57K
Total revenueLn 12$583K
Assets in detailPt X, end of year
CashLn 1$465K
Cash and savings togetherLn 1–2$465K
Land, buildings, equipmentLn 10c$539K
Total assetsLn 16$1.0M
LiabilitiesLn 26$22K
Net assetsLn 32$985K
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 FY22End FY22
Cash and savingsLn 1–2$401K$465K
Land, buildings, equipmentLn 10c$529K$539K
Total assetsLn 16$951K$1.0M
LiabilitiesLn 26$22K$22K
Net assetsLn 32$930K$985K
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$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$204K$153K$51K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$11K$11K
Payroll taxesLn 10$16K$11K$5K
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$148K$101K$47K
Advertising and promotionLn 12$58$58
Office expensesLn 13$28K$5K$23K
Information technologyLn 14$7K$7K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$739$739
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$78K$17K$59K$1K
All other expensesLn 24e$16K$16K
Total functional expensesLn 25$527K$287K$239K$1K

Filing history

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

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $582,509 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $258,551$500,265
I-9 Program service revenuePrior year $34,353$25,366
I-10 Investment income$0
I-11 Other revenuePrior year $50,485$56,878
I-12 Total revenuePrior year $343,389$582,509
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $220,245$231,611
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $140,482$295,846
I-18 Total expensesPrior year $360,727$527,457
I-19 Revenue less expensesPrior year −$17,338$55,052
Part VI · Governance 8 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $582,509 across 6 lines filed
VIII-1c Fundraising events$1,695
VIII-1f All other contributions, gifts and grants$498,570
VIII-1h Total contributions, gifts and grants$500,265
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $25,366$25,366
VIII-6 Net rental income or loss$56,878
VIII-12 Total revenueRelated to mission $25,366$582,509
Part IX · Statement of functional expenses $527,457 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 staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $153,334 · Management $51,071$204,405
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $10,869$10,869
IX-10 Payroll taxesPrograms $11,275 · Management $5,062$16,337
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 $100,972 · Management $47,303$148,275
IX-12 Advertising and promotionFundraising $58$58
IX-13 Office expensesPrograms $4,704 · Management $22,985$27,689
IX-14 Information technologyManagement $7,456$7,456
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $739$739
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $3,613$3,613
IX-23 InsuranceManagement $14,540$14,540
IX-24 Other expenses (24a–d)Programs $17,071 · Management $59,116 · Fundraising $1,364$77,551
IX-24e All other expensesManagement $15,925$15,925
IX-25 Total functional expensesPrograms $287,356 · Management $238,679 · Fundraising $1,422$527,457
Part X · Balance sheet $1,006,512 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $401,484$464,992
X-4 Accounts receivableStart of year $17,786$500
X-9 Prepaid expenses and deferred chargesStart of year $3,070$2,314
X-10c Land, buildings and equipment, netStart of year $529,049$538,706
X-16 Total assetsStart of year $951,389$1,006,512
X-17 Accounts payable and accrued expensesStart of year $12,961$10,871
X-19 Deferred revenueStart of year $3,491$3,590
X-24 Unsecured notes and loans payableStart of year $5,192$7,254
X-26 Total liabilitiesStart of year $21,644$21,715
X-27 Net assets without donor restrictionsStart of year $652,400$532,949
X-28 Net assets with donor restrictionsStart of year $277,345$451,848
X-32 Total net assets or fund balancesStart of year $929,745$984,797
X-33 Total liabilities and net assetsStart of year $951,389$1,006,512
Part XI · Reconciliation of net assets $984,797 net assets at year end
XI-1 Total revenue$582,509
XI-2 Total expenses$527,457
XI-3 Revenue less expenses$55,052
XI-4 Net assets at start of year$929,745
XI-10 Net assets at end of year$984,797

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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