Omnilore Learning-In-Retirement Inc is located in Redondo Beach, CA. According to its NTEE Classification (B60) the organization is classified as: Adult Education, 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. Omnilore Learning-In-Retirement 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 12/2022, Omnilore Learning-In-Retirement Inc generated $88.6k 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 (9.1%) each year. All expenses for the organization totaled $55.7k 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
CONDUCTED 36 COURSES WHICH MET FOR 16 CLASS HOURS EACH, SERVING 257 SENIORS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis Pohlner President | 10 | $0 | |
Philip Solomita Treasurer | 7 | $0 | |
Dennis Bosch Vice President Administrat | 5 | $0 | |
Rick Spillane Vice President For Academi | 3 | $0 | |
Michael Goergen Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,900 |
| Total Program Service Revenue | $3,320 |
| Membership dues | $41,277 |
| Investment income | $83 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,580 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $9,905 |
| Salaries, other compensation, and employee benefits | $19,099 |
| Professional fees and other payments to independent contractors | $2,857 |
| Occupancy, rent, utilities, and maintenance | $19,200 |
| Printing, publications, postage, and shipping | $1,708 |
| Other expenses | $2,886 |
| Total expenses | $55,655 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,898 |
| Other assets | $0 |
| Total assets | $110,158 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,158 |