F — Mental Health & Crisis InterventionEIN: 472554685· Ruling Year: 2015

Omega Residential

Gadsden, Alabama

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$2.1M
Total Revenue
📊
$2.0M
Total Expenses
🏦
$1.4M
Net Assets
📋
$249K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.6%
Year-over-year change (2022 → 2023)
Net Margin
+5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
14.9%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
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.

Similar Organizations

Explore more organizations in the Mental Health & Crisis Intervention category, or browse all nonprofits in Alabama.