Omicelo Cares
- Assets
- $951.4k
- Revenue
- $343.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Pittsburgh, PA
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 47-5013335
Organization Overview
Omicelo Cares is located in Pittsburgh, PA. The organization was established in 2016. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. As of 12/2021, Omicelo Cares employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omicelo Cares 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, Omicelo Cares generated $343.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 39.4% each year . All expenses for the organization totaled $360.7k during the year ending 12/2021. 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
PROVIDE REAL ESTATE AND BUSINESS PRINCIPLES EDUCATION FOR INDIVIDUALS IN LOW TO MODERATE INCOME NEIGHBORHOODS
Describe the Organization's Program Activity:
Part 3 - Line 4a
REAL ESTATE AND BUSINESS PRINCIPLES EDUCATION - EDUCATED 225 PARTICIPANTS AS WELL AS PROVIDED SERVICES TO MINORITY AND WOMAN OWNED BUSINESSES IN 2021
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason D Flowers Executive Director | OfficerTrustee | 40 | $105,433 |
Joshua Pollard Chairman/president | Trustee | 0.15 | $0 |
Dr Andre Samuel Director | Trustee | 0.15 | $0 |
Dr Rachel Rue Director | Trustee | 0.15 | $0 |
Megan Stanley Director | Trustee | 0.15 | $0 |
Gale Schwartz Secretary | Trustee | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $232,551 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $258,551 |
| Total Program Service Revenue | $34,353 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $50,485 |
| 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 | $343,389 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,433 |
| Compensation of current officers, directors, key employees. | $36,902 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $99,025 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,787 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,782 |
| Advertising and promotion | $125 |
| Office expenses | $27,448 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $379 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $218 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,723 |
| Insurance | $15,923 |
| All other expenses | $2,000 |
| Total functional expenses | $360,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $401,484 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,786 |
| 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 | $3,070 |
| Net Land, buildings, and equipment | $529,049 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $951,389 |
| Accounts payable and accrued expenses | $18,153 |
| Grants payable | $0 |
| Deferred revenue | $3,491 |
| 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 | $21,644 |
| Net assets without donor restrictions | $652,400 |
| Net assets with donor restrictions | $277,345 |
| 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 | $951,389 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Omicelo Cares has recieved totaling $199,750.
| Awarding Organization | Amount |
|---|---|
Bridgeway Capital Inc Pittsburgh, PA PURPOSE: BLACK ENTREPRENEUR TECHNICAL ASSISTANCE | $107,250 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $40,000 |
Pittsburgh Foundation Pittsburgh, PA PURPOSE: HOUSING AND SHELTER | $25,000 |
Neighboorhood Allies Inc Pittsburgh, PA PURPOSE: INVESTMENT IN NEIGHBORHOOD BASED COMMUNITY IMPROVEMENT ACTIVITIES | $15,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Opportunities Unlimited The Hale Building Cleveland, OH | $8,032,160 | $12,914,615 |
Bergens Promise Inc Hackensack, NJ | $6,748,894 | $14,251,992 |
Network For Teaching Entrepreneurship New York, NY | $9,589,884 | $12,214,690 |
Reel Stories Teen Filmmaking Inc Brooklyn, NY | $1,349,194 | $2,572,031 |
Foundation For Free Enterprise Education Erie, PA | $5,614,586 | $1,865,641 |
Glassroots Inc Newark, NJ | $2,953,448 | $1,078,025 |
Interalliance Of Greater Cincinnati Cincinnati, OH | $209,405 | $889,890 |
Columbus Fashion Initiative Columbus, OH | $260,125 | $700,402 |
Forge Leadership Network Dayton, OH | $160,330 | $662,968 |
Young Entrepreneurs Academy Inc Pittsford, NY | $192,804 | $326,928 |
Omicelo Cares Pittsburgh, PA | $951,389 | $343,389 |
Partners For Education And Business Inc Syracuse, NY | $12,469 | $270,994 |