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Nonprofiteer
← OMICELO CARES INC

Form 990 for tax year 2024

Filed by OMICELO CARES INC.

Totals

Total revenue
$5,087
Total expenses
$67,990
Contributions and grants received
$0
Grants paid
$21,550
Program service revenue
$0
Investment income
$0
Other revenue
$5,087
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$21,550
Management and general expenses
$46,440
Fundraising expenses
$0
Program service expenses (Part III)
$21,550

Program services were 31.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 11a · Other revenue: REFUNDS AND OTHER

    total $5,087

  • 11e · Other revenue, total

    $5,087

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $21,550 · program services $21,550

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $39,650 · management and general $39,650

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $422 · management and general $422

  • 14 · Information technology

    total $1,180 · management and general $1,180

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $287 · management and general $287

  • 23 · Insurance

    total $2,767 · management and general $2,767

  • 24a · Other expenses: PROPERTY TAXES

    total $480 · management and general $480

  • 24b · Other expenses: UTILITIES

    total $1,654 · management and general $1,654

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $56,431

  • 4 · Accounts receivable

    beginning of year $4,850

  • 9 · Prepaid expenses and deferred charges

    beginning of year $459

  • 10c · Land, buildings and equipment, net

    beginning of year $534,976

  • 24 · Unsecured notes and loans payable

    beginning of year $16

  • 27 · Net assets without donor restrictions

    beginning of year $596,700

Mission and programs · 2024

Mission

TO CO-POWER EXISTING COMMUNITY MEMBERS IN LOW-TO-MODERATE INCOME NEIGHBORHOODS TO OWN FINANCIAL ASSETS, GROW THEIR BUSINESSES, AND LIFT THEIR INCOMES.

Activities or mission (Part I)

PROVIDE REAL ESTATE AND BUSINESS PRINCIPLES EDUCATION FOR INDIVIDUALS IN LOW TO MODERATE INCOME NEIGHBORHOODS

  • REAL ESTATE AND BUSINESS PRINCIPLES EDUCATION - EDUCATED PARTICIPANTS AS WELL AS PROVIDED SERVICES TO MINORITY AND WOMAN OWNED BUSINESSES IN 2024

    Expenses $21,550

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Joshua Pollard

    CHAIRMAN/INTERIM EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    12

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Provenance

Return type
form_990
Tax year
2024
Filed
2 June 2025
IRS schema version
2024v5.1
Source object
202511679349301366

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