OMIA Foundation is currently working to save funds for future use. Due to our low reserves, we have reduced operations and minimized spending with the plan to save money now and then conduct more activities in the future once we have built up our savings.
OMIA Foundation invests revenue (credits) with TD Ameritrade
As of 11/2023, we invest with Schwab
OMIA Foundation pays liabilities (debits) with ELGA Credit Union
Current Assets
Updated 8/9/2023
- Asset Type: Stock (Shares)
- DIS (1)
- Total Cash: $13.41
Current Liabilities
- $3.18/mo Microsoft 365 Apps for enterprise (Nonprofit Staff Pricing)
- $6.36/mo Microsoft 365 Business Standard (Nonprofit Staff Pricing)
Taxes
- Currently, the OMIA Foundation files Form 990-N each year through IRS.gov
- “Small tax-exempt organizations generally are eligible to file Form 990-N to satisfy their annual reporting requirement if their annual gross receipts are normally $50,000 or less.”
- Past tax years were filed through file990.org