Mission
Omicelo Cares was a nonprofit organization focused on empowering individuals in low- to moderate-income neighborhoods through financial literacy and asset ownership, primarily in the realm of real estate. After partnering with Neighborhood Allies for several years, it merged its programs into this larger organization to enhance their impact on community developers and economic mobility, continuing its work under the umbrella of Neighborhood Allies.
Basic Information
Founded in
2015
EIN
47-5013335
Total Assets
$1.007 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Transformational Collaboration
A partnership that merges resources and programs to empower Black communities through real estate education.
Community Empowerment Through Knowledge
Graduates of the Real Estate Co-Powerment Series have significantly increased their proficiency and ownership in the real estate sector.
New Real Estate Accelerator
Launching in May 2024, this program will provide continued support for emerging community developers.
Impact Stats
Real Estate Units Acquired
Real Estate Co-Powerment Series
An initiative that educated community members on real estate acquisition and ownership.
Upcoming Events
New Cohort of Real Estate Co-Powerment Series
2024-05-01
Launching a new cohort of the successful training series aimed at community development.
Learn MoreMIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
57
52
/100
Program Expense Ratio
54.48%
4
/20
Program Revenue Growth
-26.16%
2
/20
Leverage Ratio
0.02157
20
/20
Working Capital Ratio
1.867
14
/20
Fundraising Efficiency
1.192
12
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 500.3K | 85.88% |
| Program Services | 25.37K | 4.35% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 582.5K | 100.00% |