OARS INC (EIN 042963426) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

PAUL FITZGERALD

Phone

9783693956

Tax Period

2024-01-01 to 2024-12-31

OARS INC, founded in 1987, is a small nonprofit in the Environment sector that reported $547K in total revenue in fiscal year 2024. Expenses of $471K left a modest 14% surplus.

Mission

PROTECT, PRESERVE AND ENHANCE THE NATURAL AND RECREATIONAL FEATURES OF THE ASSABET, SUDBURY AND CONCORD RIVERS, THEIR TRIBUTARIES AND WATERSHEDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $418,115

Program Service Revenue $0

Investment Income $129,252

Other Revenue $0

TOTAL REVENUE $547,367

Expense Breakdown

Grants Paid $0

Salaries & Benefits $335,891

Fundraising Expenses $27,791

Program Expenses $277,602

Other Expenses $134,956

TOTAL EXPENSES $470,847

Year-over-Year Comparison

	2024	2023	Change
Revenue	$547,367	$544,511	+0.0%
Expenses	$470,847	$425,918	+0.1%
Net Income	$76,520	$118,593	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

200

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
INGEBORG HEGEMANN	PRESIDENT	5.00	Officer Director	$0	$0	$0
JEFF COLLINS	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
PAUL FITZGERALD	TREASURER	5.00	Officer Director	$0	$0	$0
PAM ROCKWELL	CLERK	5.00	Officer Director	$0	$0	$0
ROGER BEATTY	DIRECTOR	3.00	Director	$0	$0	$0
DON BURN	DIRECTOR	3.00	Director	$0	$0	$0
HOLLY CLACK	DIRECTOR	3.00	Director	$0	$0	$0
KIRK DOGGETT	DIRECTOR	3.00	Director	$0	$0	$0
ALLAN FIERCE	DIRECTOR	3.00	Director	$0	$0	$0
NICK KARMELEK	DIRECTOR	3.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2024	$547,367	$470,847	$1,422,104	$76,520
2023	$544,511	$425,918	$1,367,145	$118,593
2022	$297,975	$271,147	$1,063,185	$26,828
2021	$369,760	$253,095	$1,144,413	$116,665
2020	$272,294	$248,161	$988,080	$24,133
2019	$230,850	$249,639	$903,874	$-18,789
2018	$306,318	$288,228	$872,101	$18,090

OARS INC