Omniworks Economic Development Corporation is located in El Segundo, CA. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omniworks Economic Development Corporation 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 12/2022, Omniworks Economic Development Corporation generated $87.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $136.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COACHING AND SUPPORTING WOMEN IN SMALL BUSINESS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joni K Topper President | 7 | $10,380 | |
William Brent Imai Secretary And Treasurer | 15 | $6,892 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $87,500 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $87,500 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $98,624 |
Professional fees and other payments to independent contractors | $24,450 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,541 |
Total expenses | $136,615 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,597 |
Other assets | $0 |
Total assets | $5,597 |
Total liabilities | $5,597 |
Net assets or fund balances | $0 |