Omega Foundation Inc
- Assets
- $3.9m
- Revenue
- $445.5k
- Investments
- $3.7m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 10/1997
- Data as of
- 12/2021
- EIN
- 75-2716754
Organization Overview
Omega Foundation Inc is located in Fort Worth, TX. The organization was established in 1997. According to its NTEE Classification (I70) the organization is classified as: Protection Against Abuse, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omega Foundation Inc 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, Omega Foundation Inc generated $445.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $570.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Omega Foundation Inc has awarded 214 individual grants totaling $2,210,822. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Keith Branyon Director | 1 | $0 | |
Tammy Bryant Secretary | 20 | $0 | |
Phil Luebbehusen Director | 1 | $0 | |
John Dickens Director | 2 | $0 | |
Richard Drummond Director | 1 | $0 | |
Tom Hardgrove Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $339,477 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $106,029 |
| Capital Gain Net Income | $106,029 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $445,515 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,698 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,824 |
| Total operating and administrative expenses | $32,472 |
| Contributions, gifts, grants paid | $537,900 |
| Total expenses and disbursements | $570,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,252 |
| Savings and temporary cash investments | $71,681 |
| Net Accounts receivable | $1,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $151,635 |
| Total assets | $3,882,735 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,084 |
| Total liabilities | $7,084 |
Grants Awarded
Over the last fiscal year, Omega Foundation Inc has awarded $537,900 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
HENDERSON COUNTY LOVE IN ACTION PURPOSE: ASSISTANCE TO THE NEEDY | $125,000 |
Athens, TX PURPOSE: EDUCATIONAL | $51,000 |
TARRANT NET PURPOSE: RELIGIOUS SUPPORT | $50,000 |
Maumelle, AR PURPOSE: RELIGIOUS SUPPORT | $40,000 |
SERVANTS TO THE CITY PURPOSE: RELIGIOUS SUPPORT | $40,000 |
PAN AMERICAN HEALTH PURPOSE: MEDICAL SUPPORT | $34,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Friends New Life Dallas, TX | $2,610,813 | $2,556,478 |
Unbound North Texas Fort Worth, TX | $915,277 | $2,002,921 |
Ben And Mary Frances Doskocil Foundation Arlington, TX | $90,537,417 | $75,618,359 |
Childrens Advocacy Center Of Comal County New Braunfels, TX | $1,291,143 | $1,147,590 |
Bridgehaven Child Advocacy Center Dayton, TX | $639,584 | $1,108,483 |
Casa Of Williamson County Texas Georgetown, TX | $713,825 | $1,082,623 |
Robertas Place Grants, NM | $522,730 | $720,764 |
Hamilton House--Child And Family Safety Center Inc Fort Smith, AR | $341,370 | $597,862 |
Omega Foundation Inc Fort Worth, TX | $3,882,735 | $445,515 |
Oklahoma Coalition On Domestic Violence And Sexual Assault Oklahoma City, OK | $98,815 | $547,625 |
Capital Area Family Justice Center Inc Baton Rouge, LA | $349,156 | $430,335 |
Casa Of The Fifth Judicial District Russellville, AR | $165,801 | $327,538 |