Civic Intelligence

Omicron Foundation Inc

990 • Fiscal year 2014 • EIN 16-1279916

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 29, 2015

C/O Wiss CO - 14 Penn Plaza No 101010122

(212) 594-8155

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.22x

Higher debt load relative to assets than 73% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

0.39x

Higher debt load relative to revenue than 86% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Source year 2014

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • NTEE B • $500k-$1M nonprofits • Source year 2014

Asset Growth

40th percentile

1.1%

Faster asset growth than 40% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

49th percentile

4.9%

Faster revenue growth than 49% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2012 to 2014

Assets

Up

$734,620

Up $8,229 (+1.1%) from 2013

Net Assets

Up

$573,584

Up $48,595 (+9.3%) from 2013

Liabilities

Down

$161,036

Down $40,366 (-20%) from 2013

Revenue

$414,646

No earlier filing loaded for comparison.

Expenses

Up

$366,055

Up $54,273 (+17%) from 2013

Net Income

$48,591

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $621,644Liabilities 2010: $288,817Net Assets 2010: $332,8272010Assets 2011: $615,935Liabilities 2011: $278,307Net Assets 2011: $337,6282011Assets 2012: $661,854Liabilities 2012: $250,290Net Assets 2012: $411,5642012Assets 2013: $726,391Liabilities 2013: $201,402Net Assets 2013: $524,9892013Assets 2014: $734,620Liabilities 2014: $161,036Net Assets 2014: $573,5842014Assets 2015: $767,086Liabilities 2015: $131,222Net Assets 2015: $635,8642015Assets 2016: $824,948Liabilities 2016: $92,583Net Assets 2016: $732,3652016Assets 2017: $869,074Liabilities 2017: $40,193Net Assets 2017: $828,8812017Assets 2018: $868,086Liabilities 2018: $22,927Net Assets 2018: $845,1592018Assets 2019: $866,785Liabilities 2019: $29,519Net Assets 2019: $837,2662019Assets 2020: $858,495Liabilities 2020: $35,054Net Assets 2020: $823,4412020Assets 2021: $826,849Liabilities 2021: $37,066Net Assets 2021: $789,7832021Assets 2022: $920,272Liabilities 2022: $60,431Net Assets 2022: $859,8412022Assets 2023: $997,369Liabilities 2023: $55,658Net Assets 2023: $941,7112023Assets 2024: $1,098,190Liabilities 2024: $63,702Net Assets 2024: $1,034,4882024Assets 2025: $1,159,088Liabilities 2025: $66,881Net Assets 2025: $1,092,2072025

Highlighted filing

2014

Assets$734,620
Liabilities$161,036
Net Assets$573,584

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $318,0572010Expenses 2011: $340,1722011Revenue 2012: $376,711Expenses 2012: $302,775Net Income 2012: $73,9362012Expenses 2013: $311,7822013Revenue 2014: $414,646Expenses 2014: $366,055Net Income 2014: $48,5912014Revenue 2015: $429,615Expenses 2015: $367,335Net Income 2015: $62,2802015Revenue 2016: $462,803Expenses 2016: $366,302Net Income 2016: $96,5012016Revenue 2017: $467,825Expenses 2017: $371,309Net Income 2017: $96,5162017Revenue 2018: $414,059Expenses 2018: $397,781Net Income 2018: $16,2782018Revenue 2019: $356,592Expenses 2019: $364,485Net Income 2019: -$7,8932019Revenue 2020: $369,108Expenses 2020: $382,933Net Income 2020: -$13,8252020Revenue 2021: $213,408Expenses 2021: $247,066Net Income 2021: -$33,6582021Revenue 2022: $354,267Expenses 2022: $284,209Net Income 2022: $70,0582022Revenue 2023: $494,376Expenses 2023: $412,506Net Income 2023: $81,8702023Revenue 2024: $528,856Expenses 2024: $436,079Net Income 2024: $92,7772024Revenue 2025: $475,154Expenses 2025: $417,435Net Income 2025: $57,7192025

Highlighted filing

2014

Revenue$414,646
Expenses$366,055
Net Income$48,591
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 29, 2015
Return Version
2013v4.0
Gross Receipts
$414,646
Mission and Program Overview

Mission

To provide housing for the organization's members.

FRATERNAL ORGANIZATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$592,368$578,616▼ $13,752
Rtn Earn Endowment Incm Other Fnds$524,993$573,584▲ $48,591
Cash and Non-Interest-Bearing Accounts$132,102$142,390▲ $10,288
Savings and Temporary Cash Investments$1,925$1,925→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$726,395$734,620▲ $8,225
Other Assets Total-$11,689-
Liabilities
Mortgage Notes Payable Secured by Investment Property$181,282$133,041▼ $48,241
Other Liabilities$17,920$25,795▲ $7,875
Accounts Payable and Accrued Expenses$2,200$2,200→ $0
Total Liabilities$201,402$161,036▼ $40,366
Net Assets / Fund Balance
Total Net Assets Fund Balance$524,993$573,584▲ $48,591
Total Liabilities and Net Assets / Fund Balance$726,395$734,620▲ $8,225

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$409,400$150,241$559,641
Land$169,216-$169,216
Other Land Buildings$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
David DworkinExecutive Trustee
David StrausTrustee
Mark FeldsteinTrustee
Mark LevyTrustee
Robert KoncelikTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$233,610
Program Service Revenue
$180,945
Investment Income
$91
Other Revenue
$0
Change in Net Assets
$48,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$340,508
Salaries, Compensation, and Employee Benefits$25,547
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$110,700
Payments to Affiliates---$37,823
Depreciation Depletion---$20,919
Other Salaries and Wages---$18,837
Insurance---$12,662
Other Expenses---$10,940
Payroll Taxes---$6,710
Interest---$6,659
All Other Expenses---$5,401
Office Expenses---$3,867
Travel---$3,435
Total Functional Expenses$0$0$0$366,055
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit Payable$25,795
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Executive trustee reviews form 990 before filing.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policies and financial information is maintained by the executive trustee and is available upon request.

Filing and Contact Details

Filer

EIN
16-1279916
Phone
2125948155

Signing Officer

Name
Mark Feldstein
Title
Trustee
Phone
2125948155
Signed
2015-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Dworkin
Formed
1949
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
0
Employees
1
Volunteers
0

Preparer

Preparer
Philip J London
Phone
2125948155
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/Filer/BusinessNameControlTxt0OMIC
ReturnHeader/Filer/EIN0161279916
ReturnHeader/Filer/PhoneNum02125948155
ReturnHeader/Filer/USAddress/AddressLine10C/O WISS CO - 14 PENN PLAZA NO 1010
ReturnHeader/Filer/USAddress/City0NEW YORK
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010122
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221732349
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10WISS & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1014 PENN PLZ STE 1010
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode010122
ReturnHeader/PreparerPersonGrp/PhoneNum02125948155
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHILIP J LONDON
ReturnHeader/ReturnTs02015-05-11T13:33:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.16$0.07$1.09$0.48$0.42$0.06
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.06$1.03$0.53$0.44$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.06$0.94$0.49$0.41$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.92$0.06$0.86$0.35$0.28$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.83$0.04$0.79$0.21$0.25$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.04$0.82$0.37$0.38$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.03$0.84$0.36$0.36$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.02$0.85$0.41$0.40$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.04$0.83$0.47$0.37$0.10
2016Summary only. Only limited summary data is available for this year.$0.82$0.09$0.73$0.46$0.37$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.13$0.64$0.43$0.37$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.16$0.57$0.41$0.37$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.20$0.52$0.31
2012Summary only. Only limited summary data is available for this year.$0.66$0.25$0.41$0.38$0.30$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.28$0.34$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.29$0.33$0.32