Civic Intelligence

Omosaze Inc

990EZ • Fiscal year 2014 • EIN 58-2454779

Aug 01, 2013 to Jul 31, 2014 • Filed on Dec 06, 2014

PO Box 2258Smyrna, GA 30081

(770) 739-6786

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Higher debt load relative to revenue than 55% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

40th percentile

-0.1%

Higher net margin than 40% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

44th percentile

-0.2%

Faster asset growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

19th percentile

-25%

Faster revenue growth than 19% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$127,163

Down $225 (-0.2%) from 2013

Net Assets

Down

$127,119

Down $139 (-0.1%) from 2013

Liabilities

Down

$44

Down $86 (-66%) from 2013

Revenue

Down

$141,794

Down $46,500 (-25%) from 2013

Expenses

Down

$141,933

Down $46,690 (-25%) from 2013

Net Income

Up

-$139

Up $190 (+58%) from 2013

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $124,673Liabilities 2011: $894Net Assets 2011: $123,7792011Assets 2012: $127,673Liabilities 2012: $86Net Assets 2012: $127,5872012Assets 2013: $127,388Liabilities 2013: $130Net Assets 2013: $127,2582013Assets 2014: $127,163Liabilities 2014: $44Net Assets 2014: $127,1192014Assets 2015: $118,986Liabilities 2015: $44Net Assets 2015: $118,9422015Assets 2016: $64,340Liabilities 2016: $542Net Assets 2016: $63,7982016

Highlighted filing

2014

Assets$127,163
Liabilities$44
Net Assets$127,119

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $181,010Expenses 2011: $139,281Net Income 2011: $41,7292011Revenue 2012: $94,121Expenses 2012: $91,324Net Income 2012: $2,7972012Revenue 2013: $188,294Expenses 2013: $188,623Net Income 2013: -$3292013Revenue 2014: $141,794Expenses 2014: $141,933Net Income 2014: -$1392014Revenue 2015: $126,127Expenses 2015: $134,304Net Income 2015: -$8,1772015Revenue 2016: $66,605Expenses 2016: $121,749Net Income 2016: -$55,1442016

Highlighted filing

2014

Revenue$141,794
Expenses$141,933
Net Income-$139
Jump To
Filing Snapshot
Filing Period
Aug 1, 2013 to Jul 31, 2014
Signed
Dec 6, 2014
Return Version
2013v3.1
Gross Receipts
$141,794
Mission and Program Overview

Mission

Omosaze provides literacy instruction to low-income, early elementary students at Reading Saturday. Certified teachers deliver instruction on reading fundamentals and testing to measure progress. The program also emphasizes writing, a critical tool for demonstrating knowledge and understanding of text. Trained volunteers serve as mentors and adult friends who work one-on-one to help children read and respond to literature. Omosaze's unique program nurtures lifelong reading and academic success.

To provide scholastic assistance to low-income students. Omosaze promotes literacy in early elementary students at reading saturday with certified teachers providing instruction on reading fundamentals and testing to measure progress. The program also emphasizes writing, a critical tool for demonstrating knowledge and understanding of text. Trained and dedicated volunteers serve as mentors and adult friends who work one-on-one to help children read and respond to literature. Omosaze's unique program nurtures lifelong reading and academic success.

Program Services

DescriptionGrantsExpenses
READING SATURDAY PROVIDED CIRRICULUM-BASED, SMALL-GROUP READING INSTRUCTION TO LOW-INCOME, UNDERPERFORMING 1ST-5TH GRADE STUDENTS FROM SEVEN COBB COUNTY AND MARIETTA ELEMENTARY SCHOOLS. STUDENTS WERE SUPPORTED BY CERTIFIED TEACHERS, STAFF AND VOLUNTEERS.$108,627-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEON SCOTTVice Chairman-$0--
MELISSA RUTHERFORDChairman-$0--
H VERWRAY SCOTTSecretary-$0--
DEWAIN CARROLLTrustee-$0--
CHRISTOPHER LIGHTNERTrustee-$0--
KIRT HALETrustee-$0--
Filing and Contact Details

Filer

EIN
58-2454779
Phone
7707396786

Signing Officer

Name
Leon Scott
Title
Vice Chairman
Signed
2014-12-06
Discuss with paid preparer
Yes

Preparer

Preparer
William T Fricke CPA
Phone
7702162226
Supplemental Narrative

Additional Explanations

Other Revenue.1

IN-KIND SUPPORT $41500

Other Expenses.1009

Depreciation $6924

Other Expenses.1

CONTRACT LABOR $13805

Other Expenses.2

SUPPLIES $3842

Other Expenses.3

ACCOUNTING FEES $3357

Other Expenses.6

BANK FEES $166

Other Expenses.7

MISCELLANOUS $122

Other Expenses.8

TRAVEL & MEETINGS $77

Other Expenses.9

Corporate registration $30

Other Assets.1

EQUIPMENT - Beginning $68214 EQUIPMENT - Ending $65253

Total Liabilities.1

CREDIT CARDS - Beginning $130 CREDIT CARDS - Ending $44

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IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLASTIC ASSISTANCE TO LOW-INCOME STUDENTS. OMOSAZE PROMOTES LITERACY IN EARLY ELEMENTARY STUDENTS AT READING SATURDAY WITH CERTIFIED TEACHERS PROVIDING INSTRUCTION ON READING FUNDAMENTALS AND TESTING TO MEASURE PROGRESS. THE PROGRAM ALSO EMPHASIZES WRITING, A CRITICAL TOOL FOR DEMONSTRATING KNOWLEDGE AND UNDERSTANDING OF TEXT. TRAINED AND DEDICATED VOLUNTEERS SERVE AS MENTORS AND ADULT FRIENDS WHO WORK ONE-ON-ONE TO HELP CHILDREN READ AND RESPOND TO LITERATURE. OMOSAZE'S UNIQUE PROGRAM NURTURES LIFELONG READING AND ACADEMIC SUCCESS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN-KIND SUPPORT $41500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $6924
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONTRACT LABOR $13805
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPLIES $3842
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTING FEES $3357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES $166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MISCELLANOUS $122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TRAVEL & MEETINGS $77
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EQUIPMENT - Beginning $68214 EQUIPMENT - Ending $65253
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CREDIT CARDS - Beginning $130 CREDIT CARDS - Ending $44
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEON SCOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-12-06
ReturnHeader/Filer/BusinessName/BusinessNameLine10Omosaze Inc
ReturnHeader/Filer/BusinessNameControlTxt0OMOS
ReturnHeader/Filer/EIN0582454779
ReturnHeader/Filer/PhoneNum07707396786
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ReturnHeader/Filer/USAddress/City0SMYRNA
ReturnHeader/Filer/USAddress/State0GA
ReturnHeader/Filer/USAddress/ZIPCode030081
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Fricke & Associates PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102344 Perimeter Park Dr 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Atlanta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode030341
ReturnHeader/PreparerPersonGrp/PhoneNum07702162226
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William T Fricke CPA
ReturnHeader/ReturnTs02014-12-06T17:17:15-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-08-01
ReturnHeader/TaxPeriodEndDt02014-07-31
ReturnHeader/TaxYr02013

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