Omega Lamp Foundation is located in Columbus, OH. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omega Lamp Foundation 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 12/2023, Omega Lamp Foundation generated $1.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPORT ENCOURAGEMENT AND ASSISTANCE FOR COMMUNITY ORIENTED CHARITABLE AND EDUCATION PROGRAMS TO CENTRAL OHIO COMMUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Price President | 1 | $0 | |
Derrick Collins Vice President | 1 | $0 | |
Dewey A Ortiz Sr Secretary | 1 | $0 | |
Dewey A Ortiz Sr Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,650 |
| 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 | $1,650 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,000 |
| Total expenses | $2,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,562 |
| Other assets | $0 |
| Total assets | $7,562 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,562 |