Omega Espresso Bar
EIN: 463523588 · Tualatin, OR · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $127K |
| Net Assets | $43K |
Is Omega Espresso Bar Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Omega Espresso Bar
Omega Espresso Bar (EIN: 463523588) is a nonprofit organization based in Tualatin, OR, classified under NTEE code J22. The organization reported total revenue of $121K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Omega Espresso Bar's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Omega Espresso Bar is a small nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $127K |
| Surplus / Deficit | $-24,001 |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | -23.3% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2023, Omega Espresso Bar reported a deficit of $24K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2015–2023), Omega Espresso Bar's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.0% | +165.5% | -35.7% |
| 2022 | +356.8% | +226.4% | +793.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Omega Espresso Bar has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Omega Espresso Bar with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
Frequently Asked Questions about Omega Espresso Bar
Is Omega Espresso Bar a legitimate charity?
Omega Espresso Bar (EIN: 463523588) is a registered tax-exempt nonprofit based in Oregon. It has 3 years of IRS 990 filings on record. Total revenue: $121K. No red flags identified. Financial health grade: B.
How does Omega Espresso Bar spend its money?
Omega Espresso Bar reported $121K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Omega Espresso Bar tax-deductible?
Omega Espresso Bar is registered as a tax-exempt nonprofit (EIN: 463523588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Omega Espresso Bar located?
Omega Espresso Bar is headquartered in Tualatin, Oregon and files with the IRS under EIN 463523588. It is classified under NTEE code J22.
How many years of IRS 990 filings does Omega Espresso Bar have?
Omega Espresso Bar has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $121K in total revenue.
Filing History
IRS 990 filing history for Omega Espresso Bar showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2015–2023), Omega Espresso Bar's revenue has grown by 580.5%, moving from $15K to $103K. Total assets increased by 474.6% over the same period, from $8K to $43K. Total functional expenses rose by 766.7%, from $15K to $127K. In its most recent filing year (2023), Omega Espresso Bar reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $127K | $43K | $0 | — | — |
| 2022 | $69K | $48K | $67K | $0 | — | View 990 |
| 2015 | $15K | $15K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $127K, and assets of $43K (revenue +49.0% year-over-year).
- 2022: Revenue of $69K, expenses of $48K, and assets of $67K (revenue +356.8% year-over-year).
- 2015: Revenue of $15K, expenses of $15K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Omega Espresso Bar:
Data Sources and Methodology
This transparency report for Omega Espresso Bar is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.