Civic Intelligence

Rho Omicron Foundation

990 • Fiscal year 2023 • EIN 81-2881220

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 14, 2024

1405 West Pinhook RdLafayette, LA 70503-3100

(337) 251-9082

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

36th percentile

-3.1%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

40th percentile

-3.6%

Faster asset growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

3.1%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$79,439

Down $2,998 (-3.6%) from 2022

Net Assets

Down

$79,439

Down $2,998 (-3.6%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$95,245

Up $2,880 (+3.1%) from 2022

Expenses

Up

$98,243

Up $72,958 (+289%) from 2022

Net Income

Down

-$2,998

Down $70,078 (-104%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $0Liabilities 2016: $02016Assets 2019: $15,759Liabilities 2019: $02019Assets 2021: $15,357Liabilities 2021: $0Net Assets 2021: $15,3572021Assets 2022: $82,437Liabilities 2022: $0Net Assets 2022: $82,4372022Assets 2023: $79,439Liabilities 2023: $0Net Assets 2023: $79,4392023Assets 2024: $49,859Liabilities 2024: $0Net Assets 2024: $49,8592024Assets 2025: $632,280Liabilities 2025: $37,445Net Assets 2025: $594,8352025

Highlighted filing

2023

Assets$79,439
Liabilities$0
Net Assets$79,439

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2019: $67,863Expenses 2019: $52,104Net Income 2019: $15,7592019Revenue 2021: $42,049Expenses 2021: $28,848Net Income 2021: $13,2012021Revenue 2022: $92,365Expenses 2022: $25,285Net Income 2022: $67,0802022Revenue 2023: $95,245Expenses 2023: $98,243Net Income 2023: -$2,9982023Revenue 2024: $53,068Expenses 2024: $82,648Net Income 2024: -$29,5802024Revenue 2025: $81,870Expenses 2025: $86,894Net Income 2025: -$5,0242025

Highlighted filing

2023

Revenue$95,245
Expenses$98,243
Net Income-$2,998
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 14, 2024
Return Version
2023v4.0
Gross Receipts
$312,022
Mission and Program Overview

Mission

As an organization we promote and foster a culture of helping those who are in need through various programs. These programs are conducted annually during events scheduled throughout our territory The programs conducted annually are as follows: -Achievement Week Recognition Ceremony for member who have contributed greatly to the upliftment of the social and financial conditions of their communities throughout our territory. Additionally a High School Essay Scholarship is awarded annually during our annual meeting in the Spring. Talent Hunt Program - Annual Arts Competition for High School Students. Scholarships are given annually to winners and some participants. -Memorial Service - Annual Service held to remember those members are recently deceased. -Charles R. Drew Blood Drive - Annual Blood Drive conducted by the local chapter throughout our territory. These are normally conducted in the Spring and Summer.

As an organization we promote and foster a culture of helping those who are in need through various programs. These programs are conducted annually during events scheduled throughout our territory The programs conducted annually are as follows: -Achievement Week Recognition Ceremony for member who have contributed greatly to the upliftment of the social and financial conditions of their communities throughout our territory. Additionally a High School Essay Scholarship is awarded annually during our annual meeting in the Spring.Talent Hunt Program - Annual Arts Competition for High School Students. Scholarships are given annually to winners and some participants. -Memorial Service - Annual Service held to remember those members are recently deceased. -Charles R. Drew Blood Drive - Annual Blood Drive conducted by the local chapter throughout our territory. These are normally conducted in the Spring and Summer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$82,437$79,439▼ $2,998
Cap Stk Tr Prin Current Funds$82,437$79,439▼ $2,998
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$82,437$79,439▼ $2,998
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$82,437$79,439▼ $2,998
Total Liabilities and Net Assets / Fund Balance$82,437$79,439▼ $2,998
Compensation and Service Providers

Board Members and Trustees

NameTitle
Everette ManuelPresident
Eldridge SimonVice-President
Stephen EtienneSecretary
Ruben LivingstonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$95,245
All Other Contributions
$0
Change in Net Assets
$-2,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$82,093
Grants and Similar Amounts Paid$16,150
Total Fundraising Expense$1,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$0$81,093$0$81,093
Grants to Domestic Individuals$16,150--$16,150
Other Expenses$0$0$1,000$1,000
Total Functional Expenses$16,150$81,093$1,000$98,243
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$312,022
Gaming Direct Expenses$216,777
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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

Part VI, Section B, Line 11B

Reviewed by members via emailed copy.

Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Rho Omicron Foundation
EIN
81-2881220
In Care Of
% Everett Manual
Address
1405 WEST PINHOOK RD, LAFAYETTE, LA 70503-3100

Signing Officer

Name
Everette Manuel
Title
President
Signed
2024-03-14
Discuss with paid preparer
No

Organization Details

Formed
2020
Legal Domicile
La
Voting Board Members
20
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Part III, Line 4D

| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Annual Blood Drive conducted by the local chapter throughout our territory, $0, $0, $0| Recognition Ceremony for member who have contributed greatly to the upliftment of the social and financial conditions of their communities throughout our territory. Additionally a High School Essay Scholarship is awarded annually during our annual meeting in the Spring., $0, $0, $0|

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IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2998
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt04000
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt04000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0true
IRS990ScheduleG/DistributedAmt01000
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt00
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt00
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt00
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt00
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0216777
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0312022
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt00
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt00
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0312022
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt095245
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesBingoAmt00
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesOtherGamingAmt00
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesPullTabsAmt00
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt00
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt00
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt01911
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt01911
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt00
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsBingoAmt0214866
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt00
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsOtherGamingAmt00
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt0214866
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct00.00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsPct00
IRS990ScheduleG/GamingManagerCompensationAmt00
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0Everrette Manuel
IRS990ScheduleG/GamingManagerServicesProvTxt0Directs manages and files reports for gaming activities
IRS990ScheduleG/GamingOtherFacilityPct01.00
IRS990ScheduleG/GamingRevenueReceivedByOrgAmt0312022
IRS990ScheduleG/GamingRevenueRtnBy3PrtyAmt0693382
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0Everette Manuel
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt01405 W Pinhook Road
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine2Txt0Ste 110
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0Lafayette
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0LA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd070503
IRS990ScheduleG/StatesWhereGamingConductedCd0LA
IRS990ScheduleG/ThirdPartyBusinessName/BusinessNameLine1Txt0Casino and Beer LLC
IRS990ScheduleG/ThirdPartyUSAddress/AddressLine1Txt05324 Cypress St
IRS990ScheduleG/ThirdPartyUSAddress/AddressLine2Txt0Ste 3
IRS990ScheduleG/ThirdPartyUSAddress/CityNm0West Monroe
IRS990ScheduleG/ThirdPartyUSAddress/StateAbbreviationCd0LA
IRS990ScheduleG/ThirdPartyUSAddress/ZIPCd071291
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt016150
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarship
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Scholarships are given to college bond students that have verified acceptance into school and are based on GPA community service and extracurricular activities.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1| Type of grant or assistance:, Number of recipients:, How number of recipients was estimated?:| Scholarship, 3, Checks paid|
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III Column (b)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Annual Blood Drive conducted by the local chapter throughout our territory, $0, $0, $0| Recognition Ceremony for member who have contributed greatly to the upliftment of the social and financial conditions of their communities throughout our territory. Additionally a High School Essay Scholarship is awarded annually during our annual meeting in the Spring., $0, $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reviewed by members via emailed copy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

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