ROYAL OAK NON-PROFIT HOUSING CORPORATION (EIN 205111657) - 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

1971

Legal Domicile

Principal Officer

CINDY LAMB

Phone

5867539002

Tax Period

2023-01-01 to 2023-12-31

ROYAL OAK NON-PROFIT HOUSING CORPORATION, founded in 1971, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $2.7M exceeded revenue, resulting in a 27% operating deficit.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $818,914

Program Service Revenue $1,204,040

Investment Income $50,127

Other Revenue $34,708

TOTAL REVENUE $2,107,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,299,606

Other Expenses $2,679,800

TOTAL EXPENSES $2,679,800

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,107,789	$1,805,764	+0.2%
Expenses	$2,679,800	$2,164,425	+0.2%
Net Income	$-572,011	$-358,661	+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

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

$588,933

Total Directors

$588,933

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNIE MITCHELL	PRESIDENT	0.10	Officer Director	$0	$0	$0
ALEX AHO	CONSTITUTION	0.10	Officer Director	$0	$0	$0
JERI DRAUGHON	SECRETARY	0.10	Officer Director	$0	$0	$0
CINDY LAMB	ASSISTANT TREASURER	0.10	Officer Director	$0	$37,025	$236,633
SHERYLE MOREY	TREASURER	0.10	Officer Director	$0	$0	$0
ANNE SACKRISON	ASSISTANT SECRETARY	0.10	Officer Director	$0	$65,434	$352,300
GLORIA PARRIS	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
GERALD MAHOM JR	DIRECTOR	0.10	Director	$0	$0	$0
MARIETTA MARTIN	DIRECTOR	0.10	Director	$0	$0	$0
DEANIE ROBINSON	DIRECTOR	0.10	Director	$0	$0	$0
GLORIA HARRIS	DIRECTOR	0.10	Director	$0	$0	$0
MARY DALESSANDRO	DIRECTOR	0.10	Director	$0	$0	$0
SHIRLEY MORELAND	DIRECTOR	0.10	Director	$0	$0	$0
CATHERINE POWELL	DIRECTOR	0.10	Director	$0	$0	$0
JUDY ROBERTS	DIRECTOR	0.10	Director	$0	$0	$0
DARLA HUTTINGER	REGIONAL MANAGER	0.10	Highest	$0	$39,866	$209,676
MARGUERITE D ANGELO	REGIONAL MANAGER	0.10	Highest	$0	$27,532	$206,193
DIANE SMITH	NATIONAL DEVELOPMENT MANAGER	0.10	Highest	$0	$52,900	$247,688
MEL HUDSON	NATIONAL CONSTRUCTION MANAGER	0.10	Highest	$0	$63,515	$258,188
TIM BRAUNSCHEIDAL	CHIEF OPERATIONS OFFICER	0.10	Highest	$0	$50,953	$229,476
RILLAR MCDANIEL	FORMER DIRECTOR	0.10	Director	$0	$0	$0
ETHEL YOUNG	FORMER DIRECTOR	0.10	Director	$0	$0	$0
ELAINE HERRICK	FORMER DIRECTOR	0.10	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
2023	$2,107,789	$2,679,800	$14,873,790	$-572,011
2022	$1,805,764	$2,164,425	$15,360,797	$-358,661
2021	$1,888,362	$1,636,734	$11,274,661	$251,628
2020	$796,187	$916,866	$5,336,081	$-120,679
2020	$1,550,084	$1,525,106	$3,229,719	$24,978
2019	$1,522,990	$1,512,240	$2,885,983	$10,750

ROYAL OAK NON-PROFIT HOUSING CORPORATION