ECONOMIC OPPORTUNITY PROGRAM INC OF CHE (EIN 160906941) - 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

1965

Legal Domicile

Principal Officer

ANDREA OGUNWUMI

Phone

6077346174

Tax Period

2024-07-01 to 2025-06-30

ECONOMIC OPPORTUNITY PROGRAM INC OF CHE, founded in 1965, is a community nonprofit in the Human Services sector that reported $8.5M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $8.1M left a modest 4% surplus.

Mission

EOP PROVIDES SERVICES THAT CREATE POSITIVE CHANGE FOR INDIVIDUALS, FAMILIES, AND OUR COMMUNITY.

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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 $8,107,762

Program Service Revenue $363,716

Investment Income $22

Other Revenue $0

TOTAL REVENUE $8,471,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,510,484

Fundraising Expenses $0

Program Expenses $7,054,125

Other Expenses $2,608,427

TOTAL EXPENSES $8,118,911

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,471,500	$7,675,322	+0.1%
Expenses	$8,118,911	$7,574,072	+0.1%
Net Income	$352,589	$101,250	+2.5%

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

184

Volunteers

259

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

$244,201

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE BOUGHTON	DIRECTOR	3.00	Director	$0	$0	$0
CAROL KANE	DIRECTOR	3.00	Director	$0	$0	$0
DANIEL MANDELL	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
EVELYN WILLIAMS	MEMBER-AT-LARGE	3.00	Director	$0	$0	$0
GEORGIA VERDIER	SECRETARY	3.00	Officer Director	$0	$0	$0
GUY VICKERS	MEMBER-AT-LARGE	3.00	Director	$0	$0	$0
HERBERT SMITH	PRESIDENT	3.00	Officer Director	$0	$0	$0
MARGARET WALLS	DIRECTOR	3.00	Director	$0	$0	$0
MARTIN CHALK	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL LAUSELL	DIRECTOR	3.00	Director	$0	$0	$0
MICHELE WASICKI	DIRECTOR	3.00	Director	$0	$0	$0
MUSHTAQ SHEIKH	DIRECTOR (PART YEAR)	3.00	Director	$0	$0	$0
RICK BEALS	TREASURER	3.00	Officer Director	$0	$0	$0
TANISHA LOGAN-LATTIMORE	DIRECTOR	3.00	Director	$0	$0	$0
ROSLAND GETER	DIRECTOR	3.00	Director	$0	$0	$0
ANNETTE WARD	DIRECTOR	3.00	Director	$0	$0	$0
ANDREA OGUNWUMI	CHIEF EXECUTIVE OFFICER	35.00	Officer	$117,284	$16,311	$133,595
ANTHONY PERSAUD	CHIEF FINANCIAL OFFICER	35.00	Officer	$98,589	$12,017	$110,606

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
2025	$8,471,500	$8,118,911	$2,959,233	$352,589
2024	$7,675,322	$7,574,072	$2,952,383	$101,250
2023	$7,830,726	$7,696,757	$2,641,512	$133,969
2022	$7,441,780	$6,956,223	$2,992,625	$485,557
2021	$6,127,121	$5,988,682	$2,658,926	$138,439
2020	$6,531,749	$6,520,747	$2,729,212	$11,002
2019	$6,066,012	$5,953,563	$2,486,940	$112,449
2018	$5,452,785	$5,499,990	$2,189,179	$-47,205

ECONOMIC OPPORTUNITY PROGRAM INC OF CHE