Omega Residential
Gadsden, Alabama
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,120,809↑5% | $2,015,289↑3% | $1,668,990↑4% | |
| 2022 | $2,027,012↓11% | $1,959,216↓1% | $1,609,821↓7% | — |
| 2021 | $2,269,521↑13% | $1,970,964↑23% | $1,726,018↑42% | — |
| 2020 | $1,999,797↑40% | $1,600,617↑28% | $1,219,149↑69% | — |
| 2019 | $1,425,954↑8% | $1,246,286↓4% | $723,393↑34% | — |
| 2018 | $1,322,861↓3% | $1,291,770↑15% | $540,687↑11% | — |
| 2017 | $1,366,666↑46% | $1,121,816↑55% | $487,947↑98% | — |
| 2016 | $934,496↑484% | $724,952↑396% | $246,147↑382% | — |
| 2015 | $159,943 | $146,030 | $51,027 | — |
Frequently Asked Questions
What does Omega Residential do?▼
Omega Residential is a mental health & crisis intervention nonprofit organization based in Alabama. It is classified under NTEE code F33 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Omega Residential financially healthy?▼
Based on our 9-metric Financial Health Score model, Omega Residential has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Omega Residential generate?▼
Omega Residential reports $2.2M in annual revenue and holds $1.7M in total assets, based on IRS filings.
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