OPPORTUNITIES FOR THE AGING HOUSING CORP TA OPPORTUNITIES TOWER III

EIN: 222809543 501(c)(3)

PHILADELPHIA, PA

Total Revenue
$947,486
Total Expenses
$1,007,128
Total Assets
$2,152,664
Net Assets
$-1,874,842
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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
PA
Phone
6096468861
Tax Period
2018-01-01 to 2018-12-31

OPPORTUNITIES FOR THE AGING HOUSING CORP TA OPPORTUNITIES TOWER III, founded in 1987, is a small nonprofit that reported $947K in total revenue in fiscal year 2018.

Mission

TO PROMOTE THE WELFARE OF THE NEEDY, ELDERLY AND HANDICAPPED FAMILIES THROUGH THE PROVISION OF HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $726,690
Program Service Revenue $218,247
Investment Income $31
Other Revenue $2,518
TOTAL REVENUE $947,486

Expense Breakdown

Grants Paid $0
Salaries & Benefits $221,125
Fundraising Expenses $0
Program Expenses $1,007,128
Other Expenses $786,003
TOTAL EXPENSES $1,007,128

Year-over-Year Comparison

2018 2017 Change
Revenue $947,486 $953,709 0.0%
Expenses $1,007,128 $974,718 +0.0%
Net Income $-59,642 $-21,009 +1.8%
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

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Governance

Voting Members
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD J HARPER ESQUIRE Chairman/Sec. 1.00
Officer Director
$0 $0 $0
THOMASENIA COTTON Treasurer 1.00
Officer Director
$0 $0 $0
GARY BURGESS Director 1.00
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
2018 $947,486 $1,007,128 $2,152,664 $-59,642
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