NonprofitsOmega Psi Phi Fraternity

Omega Psi Phi Fraternity

DECATUR, GA

Total revenue

$14.0M

Total expenses

$11.5M

Net assets

$17.8M

Grants received

$280K

5 grants

EIN

530209696

Tax year

2023

Mission

Minority and disadvantaged leadership development programs. Encouragement forminority and disadvantaged youth to pursue skill development in the fine arts.contribution to african-american life and history, civic, and communityinvolvement and assault on illiteracy programs

Programs

1 program

The purpose of the fraternity is to bring about a union of college men of similar high ideas of manhood and scholarship in order to stimulate the attainment of ideas and ambitions of its members; occupy a progressive, helpful and constructive place in political life of the community and nation with perseverance; foster and uplift humanity, freedom, and dignity of the individual; and aid downtrodden humanity in its efforts to achieve higher economic and intellectual status.

Financials

FY 2023

Revenue

Contributions & grants$12.4M
Program service revenue
Investment income$1.5M
Other revenue
Total revenue$14.0M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising
Other expenses$9.8M
Total expenses$11.5M
Total assets$25.6M
Net assets$17.8M

People

10 listed

NameRoleCompensation

ALLISON BARRETT

ACCOUNT MANA

Board

40 hrs/wk

RICKY LEWIS

GRAND BASILE

Board

20 hrs/wk

SHERMAN CHARLES

KEEPER OF RE

Board

15 hrs/wk

JOHN HOWARD

EXECUTIVE DI

Board

40 hrs/wk

MARK JACKSON

1ST VICE BAS

Board

20 hrs/wk

JOSHUA JENKINS

2ND VICE BAS

Board

10 hrs/wk

ROI JOHNSON

CHAPLIN

Board

20 hrs/wk

CLEMENT OSIMTHA

GRAND COUNSE

Board

20 hrs/wk

LEE RIDEOUT

KEEPER OF FI

Board

20 hrs/wk

STANFORD WILLIAMS

GRAND MARSHA

Board

20 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$50K
Sponsorship of annual conclave
2024
$101K
LEADERSHIP DEVELOPME
2021
$21K
LEADERSHIP DEVELOPME
2020
$50K
LEADERSHIP DEVELOPME
2019
$58K
LEADERSHIP DEVELOPME
2018

Funded by

$280K from 2 funders · 5 grants · 2018–2024

Omega Life Membership Foundation

$230K · 4 grants · 2018–2021

Aarp

$50K · 1 grant · 2024

Details

EIN530209696
Subsection07
Ruling date1953-01
Formed1911
Employees27
OMEGA PSI PHI FRATERNITY — Mission, Financials & Grants Received | Grantivo