Oyate Group FY2021 filing

Tax-deductible

New York, NY501(c)(3)Youth DevelopmentEIN 82-3644288

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

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$151K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
3 of 5
years in the black
Worth a look: 2 of the last 5 filings show a deficit.
Pt I · Ln 19 · 5 filings
How much reaches the programs?
95%
of spending
Looks good: 95% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$151K
to officers and key staff · 6% of spending
Looks good: leaders' pay is 6% of spending; 15% or less looks good.
Pt VII · Sec A
Do they have reserves?
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
6
named funders · $3.7M
Looks good: 6 funders name it on their filings; 3 or more looks good.
Funders’ Sch. I, 990-PF
Do they carry debt?
$8K
liabilities
Looks good: debts are 1% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
2
independent of 3 voting board members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$3.4M
+235% vs prior year
Spent
$2.7M
To programs
95%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$3.4M
FY2021▲ +235%
Revenue by fiscal year
FY2020$1.0M
FY2021$3.4M
FY2022$1.1M
FY2023$2.6M
FY2024$2.6M
Expenses
$2.7M
FY2021▲ +557%
Expenses by fiscal year
FY2020$409K
FY2021$2.7M
FY2022$1.9M
FY2023$2.1M
FY2024$3.2M
Net assets
$1.3M
FY2021▲ +117%
Net assets by fiscal year
FY2020$602K
FY2021$1.3M
FY2022$431K
FY2023$978K
FY2024$344K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
Yes — exemption reinstated (2021-05-15)
Per the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item COyate Group
EINHdr · item D82-3644288
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2022
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CNew York, NY
NTEE classificationIRS BMFYouth Development (O50)
WebsiteHdr · item Jwww.oyategroup.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$2.5M
Management & general5%$139K
Total functional expensesLn 25$2.7M

Financial health

Is it on solid ground?

Program efficiency
95%
of spending reaches programs
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$1.3M
FY2021▲ +117%
Total assets by fiscal year
FY2020$606K
FY2021$1.3M
FY2022$446K
FY2023$2.1M
FY2024$1.4M
Total liabilities
$8K
FY2021▲ +94%
Total liabilities by fiscal year
FY2020$4K
FY2021$8K
FY2022$15K
FY2023$1.2M
FY2024$1.0M
Revenue less expensesPt I · Ln 19$707K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$1.3M
Total liabilitiesLn 26$8K
Total net assetsLn 32$1.3M
Months of cash on handcomputed5.8

Statement of Revenue

Part VIII
Contributions & grants100%$3.4M
Other revenue$10K
Total revenueLn 12$3.4M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $2.7M
5.8 months
Where the money goes
Program services
Program services $2.5M · Total expenses $2.7M
95%
Management & General
Management & general $139K · Total expenses $2.7M
5%
Fundraising
Fundraising $0 · Total expenses $2.7M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $3.4M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3.4M · Total revenue $3.4M
100%
Government reliance
Government grants $0 · Total revenue $3.4M
0%
Earned-income share
Program service revenue $0 · Total revenue $3.4M
0%
Investment reliance
Investment income $0 · Total revenue $3.4M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.7M
0%
Growth & trend
Revenue growth (YoY)
This year $3.4M · Prior year $1.0M
+235%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.4M · Expenses $2.7M
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
—
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tomas Ramos · Reported title PRESIDENT/CEO · Highest reported compensation $151K · Total expenses $2.7M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $511K · Total expenses $2.7M
19%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%——
Overhead ratio 5%——
Fundraising cost ratio 0%——
Revenue growth 235%——
Legal fee ratio 2%——
Accounting fee ratio 3%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/CEO
$151,462Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Tomas Ramos’s $183K as President/CEO is at the 81st percentile of top reported officer pay among 1552 $1–10M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Tomas Ramos$182,885$185,454$181,950$151,462
Jason Autar$123,231$123,000——

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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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 2Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Empowers underserved communities with sustainable solutions to alleviate poverty.

Provided by the organization

This section is blank until Oyate Group claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.6M of program spending, described in the organization's own filed words · FY2021.
01

Covid 19 pandemic. The organization distributed gift cards throught the south bronx as an incentive for individuals to get vaccinated . Areas targeted included homeless shelters and susbstance abuse prevention clinics

$1.5Mprogram expense
02

Scholarships to underprivileged high school students. Receipents are required to apply via the organization's website and are selected by a commitee comprising of the organization's directors, local educators and selected members of the community

$51Kprogram expense
03

Small business relief. The organization provided relief to small businesses who were negatively impacted during the covid 19 epidemic. The organization's directors engaged in outreach activities within the local communities in order to determine which local businesses needed assistance. Grants were under $10,000

$50Kprogram expense

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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 · FY2024
See all 6 funders →
Grants paid · 11 grants · $2.0M · 2021–2024
Unitemized GrantFY2024$559,762
VariousFY2024$559,762
Unitemized GrantFY2024$64,125
VariousFY2023$181,548
Unitemized GrantFY2023$165,548
Unitemized GrantFY2023$16,000
Unitemized GrantFY2022$234,385
VariousFY2022$100,445
Unitemized GrantFY2022$35,000
Unitemized GrantFY2021$51,000
VariousFY2021$49,520

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $2.6M$3.2M-0.6% 990 PDF
FY2023 $2.6M$2.1M+148% 990 PDF
FY2022 $1.1M$1.9M-69% 990 PDF
FY2021 Viewing $3.4M$2.7M+235% 990 PDF
FY2020 $1.0M$409K 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

Full filing: Form 990 for FY2021

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $2,682,418 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $49,520$49,520
IX-2 Grants to domestic individualsPrograms $51,000$51,000
IX-5 Pay of current officers, directors and key staffPrograms $128,743 · Management $22,719$151,462
IX-7 Other salaries and wagesPrograms $265,671 · Management $46,884$312,555
IX-9 Other employee benefitsPrograms $17,207 · Management $3,037$20,244
IX-10 Payroll taxesPrograms $23,123 · Management $4,081$27,204
IX-11b Legal feesPrograms $34,363 · Management $6,064$40,427
IX-11c Accounting feesPrograms $62,372 · Management $11,007$73,379
IX-11g Other fees for servicesPrograms $188,940 · Management $33,342$222,282
IX-12 Advertising and promotionPrograms $1,868 · Management $330$2,198
IX-13 Office expensesPrograms $3,981 · Management $703$4,684
IX-16 OccupancyPrograms $5,638 · Management $995$6,633
IX-17 TravelPrograms $6,665 · Management $1,176$7,841
IX-19 Conferences, conventions and meetingsPrograms $22,333 · Management $3,941$26,274
IX-22 Depreciation, depletion and amortizationPrograms $5,526 · Management $975$6,501
IX-23 InsurancePrograms $6,951 · Management $1,227$8,178
IX-24 Other expenses (24a–d)Programs $1,604,242 · Management $0 · Fundraising $0$1,604,242
IX-24e All other expensesPrograms $65,201 · Management $2,593$67,794
IX-25 Total functional expensesPrograms $2,543,344 · Management $139,074 · Fundraising $0$2,682,418

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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