Opm Education Inc
- Assets
- $140.6k
- Revenue
- $623.0k
- Investments
- $0.0
- Employees
- 7
- Location
- Chicago, IL
- Founding
- 11/2011
- Data as of
- 12/2021
- EIN
- 27-2884718
Organization Overview
Opm Education Inc, operating under the name Nth Dimensions, is located in Chicago, IL. The organization was established in 2011. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Nth Dimensions employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nth Dimensions is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Nth Dimensions generated $623.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $641.9k during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE THE NUMBER OF WOMEN AND UNDER-REPRESENTED MINORITIES IN SPECIALTY MEDICAL FIELDS THROUGH SPECIFIC AND ENGAGING PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES CLINICAL CORRELATIONS LECTURES & HANDS-ON WORKSHOPS, AN 8 WEEK SUMMER INTERNSHIP PROGRAM ANNUALLY, STRATEGIC MENTORING, AND HOSTS SEVERAL WEBINARS. THESE PROGRAMS SUPPORT THOSE WHO ARE UNDERREPRESENTED IN MEDICINE AND PROVIDE CRITICAL INFORMATION, TOOLS, AND RESOURCES TO ENABLE "NTH SCHOLARS" TO BE EXCELLENCE PERSONIFIED AS LEADERS, SCHOLARS, AND PHYSICIANS IN SERVICE TO ALL COMMUNITIES. THE ORGANIZATION HAD 42 STUDENTS COMPLETE THE SUMMER INTERNSHIP PROGRAM IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Letitia Bradford Executive Director | OfficerTrustee | 50 | $60,000 |
Bonnie Simpson-Mason MD Founder/senior Advisor | OfficerTrustee | 10 | $0 |
J Kevin Franks President | OfficerTrustee | 2 | $0 |
Macalus Hogan Vice President | OfficerTrustee | 2 | $0 |
Katrina Adams Secretary | OfficerTrustee | 2 | $0 |
Nancy Hall White Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $319,125 |
| Noncash contributions included in lines 1a–1f | $7,895 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,125 |
| Total Program Service Revenue | $270,161 |
| Investment income | $3,264 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $623,031 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $108,237 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $15,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,369 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,475 |
| Payroll taxes | $12,827 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,438 |
| Fees for services: Accounting | $63,701 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $153,047 |
| Advertising and promotion | $353 |
| Office expenses | $62,110 |
| Information technology | $13,245 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,967 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69 |
| Interest | $2,469 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62 |
| Insurance | $4,452 |
| All other expenses | $0 |
| Total functional expenses | $641,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,592 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $140,592 |
| Accounts payable and accrued expenses | $28,580 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,580 |
| Net assets without donor restrictions | $112,012 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $140,592 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Opm Education Inc has recieved totaling $270,101.
| Awarding Organization | Amount |
|---|---|
Zimmer Biomet Foundation Inc Warsaw, IN PURPOSE: SUPPORT TO ADDRESS HEALTH DISPARITIES AND ASSIST IN EDUCATION | $250,000 |
Presbyterian Hospital Foundation Winston Salem, NC PURPOSE: COMMUNITY OUTREACH | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $101 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Spencer Foundation Chicago, IL | $670,624,797 | $32,472,140 |
Childrens First Fund The Chicago Public School Foundation Chicago, IL | $26,791,850 | $26,985,163 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |