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Rhode Island · Nonprofit

OMNI DEVELOPMENT CORPORATION

OMNI DEVELOPMENT CORPORATION (Rhode Island) receives grants from 4 organizations whose IRS filings report $289,100 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($150,000). 2 of them have funded it in more than one year.

$4.1M
Revenue FY2024
4
Funders on record
$289k
Grants received
$41M
Net assets
2/4 repeat funderspeak grant-dependency 4%

Against its field

OMNI DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 3,969 housing & shelter nonprofits its size.

Operating margin3% · below the median
Months of reserve27.6mo · top quartile
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 3,969 housing & shelter nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4.7M) Expenses 100 ($3.3M) Net assets 100 ($9.2M)2018 Revenue 67 ($3.2M) Expenses 94 ($3.1M) Net assets 98 ($9.1M)2019 Revenue 597 ($28M) Expenses 102 ($3.3M) Net assets 367 ($34M)2020 Revenue 97 ($4.6M) Expenses 94 ($3.1M) Net assets 382 ($35M)2021 Revenue 125 ($5.9M) Expenses 100 ($3.3M) Net assets 410 ($38M)2022 Revenue 72 ($3.4M) Expenses 96 ($3.1M) Net assets 413 ($38M)2023 Revenue 97 ($4.5M) Expenses 108 ($3.5M) Net assets 425 ($39M)2024 Revenue 88 ($4.1M) Expenses 121 ($4.0M) Net assets 441 ($41M)
'17'18'19'20'21'22'23'24
Revenue (88)Expenses (121)Net assets (441)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 7% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

1% of OMNI DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,227 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$1.4M
17
$67k
18
$25M
19
$1.5M
20
$2.6M
21
$265k
22
$990k
23
$135k
24
28
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $2k → $100k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF)45% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of OMNI DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

OMNI DEVELOPMENT CORPORATION leans on a few funders — its largest provides 52% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund OMNI DEVELOPMENT CORPORATION.

52%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2020 86% · 2022 60% · 2023 100%broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

OMNI DEVELOPMENT CORPORATION draws 99% of its grant income from funders outside Rhode Island, across 3 states in all.

IL
NY
RI

In-state vs out-of-state, by year

17
20
22
23
Rhode Island out of state home

Funder states come from each funder’s own filing. $129k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 4 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like OMNI DEVELOPMENT CORPORATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

9
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

78%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 41 related entities

  • Omni Maple Gardens LLC · disregarded
  • Omni Turning Point LLC · disregarded
  • Trio Partners Manager LLC · disregarded
  • Joseph Caffey Development LLC · disregarded
  • Jordan Caffey Development LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for OMNI DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds OMNI DEVELOPMENT CORPORATION?
OMNI DEVELOPMENT CORPORATION (Rhode Island) receives grants from 4 organizations whose IRS filings report $289,100 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($150,000). 2 of them have funded it in more than one year.
How many funders does OMNI DEVELOPMENT CORPORATION have?
IRS filings report 4 organizations giving $289,100 in grants to OMNI DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of OMNI DEVELOPMENT CORPORATION?
LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
How can an organization like OMNI DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing