O'CONNOR HOMES INC (EIN 202825758) - 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

2005

Legal Domicile

Principal Officer

KELLY SAVOCA

Phone

3016620099

Tax Period

2023-07-01 to 2024-06-30

O'CONNOR HOMES INC, founded in 2005, is a micro nonprofit in the Housing & Shelter sector that reported $67K in total revenue in fiscal year 2023. Expenses of $100K exceeded revenue, resulting in a 49% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $38,494

Program Service Revenue $28,420

Investment Income $7

Other Revenue $0

TOTAL REVENUE $66,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $69,266

Other Expenses $99,790

TOTAL EXPENSES $99,790

Year-over-Year Comparison

	2023	2022	Change
Revenue	$66,921	$63,231	+0.1%
Expenses	$99,790	$97,310	+0.0%
Net Income	$-32,869	$-34,079	0.0%

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

N/A

Volunteers

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

$1,004,707

Total Directors

$1,004,707

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH NORMAN	CHIEF, COMMUNITY DEVELOPMENT	1.00	Officer Director	$0	$31,784	$244,161
ROBERT HALL	VICE PRESIDENT - THRU 04/2024	0.25	Officer Director	$0	$0	$0
JEFF RICHARDSON	TREASURER - THRU 03/2024	1.00	Officer Director	$0	$61,509	$719,763
ERINN SHAW	VICE-PRESIDENT	0.25	Officer Director	$0	$0	$0
MARISA PLUNK	TREASURER	1.00	Officer Director	$0	$4,698	$40,783
ISSUMI YOUNG	SECRETARY	0.25	Officer Director	$0	$0	$0
CLAIRE DENNIS-TUKPAH	DIRECTOR - THRU 04/2024	0.25	Director	$0	$0	$0
JOHN SHIPLEY	DIRECTOR	0.25	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
2025	No data	No data	No data	No data
2024	$66,921	$99,790	$819,036	$-32,869
2023	$63,231	$97,310	$841,788	$-34,079
2022	$61,667	$98,131	$863,630	$-36,464
2021	$61,767	$88,099	$898,859	$-26,332
2020	$73,034	$88,543	$948,942	$-15,509
2019	$75,099	$77,167	$963,543	$-2,068

O'CONNOR HOMES INC