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Oma Educational & Industrial Development Institute
Oma Educational & Industrial Development Institute reported $12.3 million in revenue and $11.1 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.6% of the total. Government grants made up 94.2%. The highest compensation it reported for one person was $424,973 (PRESIDENT & CORPORATE SECR). Revenue rose 2644% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 97.6% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 94.2% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.0% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $424,973 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.82% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 0 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.2 | 9.2 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expensePromotion of eductational and industrial development throughout the manufacturing sector
The organization hosted a regional workforce summit for manufacturers and their workforce partners, which included presentations on best practices and initiatives in the manufacturing sector, tools and resources for workforce development, and networking opportunities for attendees
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CORPORATE SECR Officer, 1.00 hrs/week | $0 | $401,973 | $23,000 | $424,973 |
| MANAGING DIRECTOR, FINANCE Highest compensated employee, 1.00 hrs/week | $0 | $182,477 | $10,887 | $193,364 |
0 people received more than $100,000 in reportable compensation from Oma Educational & Industrial Development Institute (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 634
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| MAHONING VALLEY MANUFACTURERS FOUNDATION Grant industry sector partner | $789,890 |
| MANUFACTURING WORKS Grant industry sector partner | $583,451 |
| MANUFACTURING ADVOCACY & GROWTH NETWORK Grant industry sector partner | $547,161 |
| CENTRAL OHIO MANUFACTURING PARTNERSHIP ( Grant industry sector partner | $544,186 |
| ACCENTURE LLP Consulting services | $520,000 |
Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Oma Educational & Industrial Development Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Oma Educational & Industrial Development Institute, you can publish a response that is linked from this page.
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Of every $100 Oma Educational & Industrial Development Institute spent in 2024, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Brighton Park Neighborhood CouncilChicago, IL · revenue $12M · programs 87.9% · 2024
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All community improvement & capacity building charities · Largest charities in Ohio
Questions people ask
How much of Oma Educational & Industrial Development Institute's spending goes to programs?
In calendar year 2024, Oma Educational & Industrial Development Institute reported that 100.0% of its $11.1 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Oma Educational & Industrial Development Institute pay its top executive?
The largest total compensation Oma Educational & Industrial Development Institute reported for one person in calendar year 2024 was $424,973, for the role of PRESIDENT & CORPORATE SECR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Oma Educational & Industrial Development Institute get its money?
Of $12.3 million in revenue in calendar year 2024, 97.6% came from contributions and grants (including 94.2% from government grants) and 2.0% from program service revenue (Form 990, Part VIII).
Is Oma Educational & Industrial Development Institute a registered charity?
The IRS lists EIN 31-1105962 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543149349305924 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403129349303645 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323139349305012 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203159349302545 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113129349304016 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043169349306009 · read the filing
All filings for EIN 31-1105962: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.