Overview
What is Detroit Omega Foundation Incorporated?
Detroit Omega Foundation Incorporated is a compassionate nonprofit organization situated in Southfield, Michigan. Their primary mission is to empower low-income students by offering four-year scholarships. In addition, they nurture the personal and academic growth of 25-30 students through a mentoring program. In 2022, they granted eight new scholarships and provided financial aid to eligible returning recipients. Their work includes organizing Scholar Luncheon programs, providing essential support for these students in their academic journey.
Official website here: www.smofi.org
Is Detroit Omega Foundation Incorporated legitimate?
Detroit Omega Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit Omega Foundation Incorporated submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.smofi.org
What is the mission statement of Detroit Omega Foundation Incorporated?
Detroit Omega Foundation Incorporated's mission is centered around supporting underprivileged students. It offers four-year scholarships to these students and provides mentorship to approximately 25-30 mentees annually. In 2022, the foundation awarded eight new scholarships and offered financial aid to eligible returning scholars. The organization also runs a Scholar Luncheon program, aiming to empower and guide these students towards their educational goals.
Official website here: www.smofi.org
Who is the CEO of Detroit Omega Foundation Incorporated?
Lee E Oliphant is the President of Detroit Omega Foundation Incorporated.
Official website here: www.smofi.org
What is the revenue of Detroit Omega Foundation Incorporated?
Detroit Omega Foundation Incorporated's revenue in 2022 was $56,599.
Official website here: www.smofi.org
Who are the executives of Detroit Omega Foundation Incorporated and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.smofi.org
Where can I find the form 990EZ for Detroit Omega Foundation Incorporated?
Detroit Omega Foundation Incorporated's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.smofi.org
Learn more at the official website: www.smofi.org
Mission Statement of Detroit Omega Foundation Incorporated
Detroit Omega Foundation Incorporated is an organization committed to supporting low-income students through education and mentorship. The foundation's primary mission is to provide four-year scholarships to deserving students who are financially disadvantaged. In addition to financial aid, Detroit Omega Foundation Incorporated also offers a mentoring program, mentoring approximately 25-30 students each year. The foundation's dedication to its students extends beyond the initial scholarship grant, as it also provides financial assistance to returning recipients who meet the eligibility criteria.
The Detroit Omega Foundation Incorporated's Scholar Luncheon program is another initiative that highlights its commitment to its scholars. This event serves as a platform to recognize and celebrate the achievements of the scholarship recipients. The foundation, through its various programs, aims to contribute to the academic and personal growth of its scholars, thereby empowering them to overcome the challenges associated with being from a low-income background.
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Impact
August, 2024
Detroit Omega Foundation Incorporated has a significant impact on low-income students by providing four-year scholarships and mentoring programs. In 2022, the foundation granted eight new four-year scholarships to deserving students and offered financial assistance to returning recipients. Additionally, their mentoring program supports and guides 25-30 students, offering them crucial support and guidance. Through initiatives like the Scholar Luncheon program, the foundation is making a tangible difference in the lives of students in need.
This information is meant to be a general summary of Detroit Omega Foundation Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $56,599
Assets and Liabilities:
- Total Assets: $146,421
- Total Liabilities: $31,113
- Net Assets: $115,308
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Organization Details
Principal Officer
Lee E Oliphant
Main Address
PO BOX 327, SOUTHFIELD, MI, 480370327
Website
www.smofi.orgNTEE Category
Code: B82 - Education
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