Omnipath Inc
EIN: 454345238 · Paducah, KY · NTEE: E99
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $5.0M |
| Net Assets | $-33,011 |
Is Omnipath Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Omnipath Inc
Omnipath Inc (EIN: 454345238) is a nonprofit organization based in Paducah, KY, classified under NTEE code E99. The organization reported total revenue of $2.1M and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Omnipath Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Omnipath Inc is a mid-size nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $5.0M |
| Surplus / Deficit | $-73,447 |
| Total Assets | $368K |
| Total Liabilities | $401K |
| Net Assets | $-33,011 |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 109.0% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2023, Omnipath Inc reported a deficit of $73K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 109.0% (high leverage).
Financial Trends
Over 8 years of filings (2013–2023), Omnipath Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.7% | -49.1% | -46.9% |
| 2022 | +1.8% | -1.1% | +5.0% |
| 2021 | +12.5% | +14.0% | -68.8% |
| 2020 | +15.8% | +16.0% | +180.6% |
| 2019 | +82.5% | +67.6% | +103.1% |
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 Omnipath Inc 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 Omnipath Inc 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 $73K, with expenses exceeding revenue.
- Debt-to-asset ratio: 109.0%.
Frequently Asked Questions about Omnipath Inc
Is Omnipath Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Omnipath Inc (EIN: 454345238) insufficient data. 0 red flags identified, 0 strengths noted.
How does Omnipath Inc spend its money?
Detailed spending breakdown data is not yet available for Omnipath Inc. Check back for updated IRS 990 analysis.
Are donations to Omnipath Inc tax-deductible?
Omnipath Inc is registered as a tax-exempt nonprofit (EIN: 454345238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Omnipath Inc located?
Omnipath Inc is headquartered in Paducah, Kentucky and files with the IRS under EIN 454345238. It is classified under NTEE code E99.
How many years of IRS 990 filings does Omnipath Inc have?
Omnipath Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.1M in total revenue.
Filing History
IRS 990 filing history for Omnipath Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Omnipath Inc's revenue has grown by 348.2%, moving from $1.1M to $4.9M. Total assets increased by 461.5% over the same period, from $66K to $368K. Total functional expenses rose by 353.7%, from $1.1M to $5.0M. In its most recent filing year (2023), Omnipath Inc reported a deficit of $73K, with expenses exceeding revenue. The organization holds $401K in liabilities against $368K in assets (debt-to-asset ratio: 109.0%), resulting in net assets of $-33,011.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $5.0M | $368K | $401K | — | — |
| 2022 | $10.0M | $9.9M | $694K | $653K | — | View 990 |
| 2021 | $9.8M | $10.0M | $661K | $786K | — | — |
| 2020 | $8.8M | $8.7M | $2.1M | $2.1M | — | View 990 |
| 2019 | $7.6M | $7.5M | $755K | $771K | — | View 990 |
| 2015 | $4.1M | $4.5M | $372K | $749K | — | View 990 |
| 2014 | $2.6M | $2.6M | $132K | $155K | — | View 990 |
| 2013 | $1.1M | $1.1M | $66K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $5.0M, and assets of $368K (revenue -50.7% year-over-year).
- 2022: Revenue of $10.0M, expenses of $9.9M, and assets of $694K (revenue +1.8% year-over-year).
- 2021: Revenue of $9.8M, expenses of $10.0M, and assets of $661K (revenue +12.5% year-over-year).
- 2020: Revenue of $8.8M, expenses of $8.7M, and assets of $2.1M (revenue +15.8% year-over-year).
- 2019: Revenue of $7.6M, expenses of $7.5M, and assets of $755K (revenue +82.5% year-over-year).
- 2015: Revenue of $4.1M, expenses of $4.5M, and assets of $372K (revenue +61.8% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.6M, and assets of $132K (revenue +132.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Omnipath Inc:
Data Sources and Methodology
This transparency report for Omnipath Inc 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.