OAK VIEW HOUSING INC (EIN 061581677) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

SCOTT MORROW

Phone

2032348807

Tax Period

2024-01-01 to 2024-12-31

OAK VIEW HOUSING INC, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $564K in total revenue in fiscal year 2024. Expenses of $654K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO CONSTRUCT AND OPERATE A 48 UNIT LOW-INCOME, ELDERLY HOUSING FACILITY IN NORTH HAVEN, CONNECTICUT

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $557,045

Investment Income $6,530

Other Revenue $0

TOTAL REVENUE $563,575

Expense Breakdown

Grants Paid $0

Salaries & Benefits $111,603

Fundraising Expenses $0

Program Expenses $574,946

Other Expenses $542,599

TOTAL EXPENSES $654,202

Year-over-Year Comparison

	2024	2023	Change
Revenue	$563,575	$553,880	+0.0%
Expenses	$654,202	$611,722	+0.1%
Net Income	$-90,627	$-57,842	+0.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
ANITA ANDERSON	SECRETARY	N/A	Officer Director	$0	$0	$0
NICOLA CASELLA	DIRECTOR	N/A	Director	$0	$0	$0
LOIS GOUGH	DIRECTOR	N/A	Director	$0	$0	$0
RONALD BATHRICK III	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT MORROW	PRESIDENT	N/A	Officer Director	$0	$0	$0
BETSEY REID	DIRECTOR	N/A	Director	$0	$0	$0
TRACY K WEISS	DIRECTOR	N/A	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	$563,575	$654,202	$3,418,469	$-90,627
2023	$553,880	$611,722	$3,490,530	$-57,842
2022	$492,547	$588,274	$3,533,280	$-95,727
2021	$500,802	$572,415	$3,656,147	$-71,613
2020	$467,287	$576,094	$3,713,759	$-108,807
2019	$454,375	$514,570	$3,808,253	$-60,195
2018	$445,675	$525,802	$3,877,264	$-80,127

OAK VIEW HOUSING INC