OCCUPATIONAL DEVELOPMENT CENTER (EIN 231387120) - 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

1948

Legal Domicile

Principal Officer

GREGG RICHARDS

Phone

7173974269

Tax Period

2024-07-01 to 2025-06-30

OCCUPATIONAL DEVELOPMENT CENTER, founded in 1948, is a small nonprofit in the Employment sector that reported $888K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $996K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE VOCATIONAL TRAINING TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES

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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 $743,502

Program Service Revenue $102,003

Investment Income $24,414

Other Revenue $18,371

TOTAL REVENUE $888,290

Expense Breakdown

Grants Paid $0

Salaries & Benefits $799,170

Fundraising Expenses $19,370

Program Expenses $637,276

Other Expenses $196,664

TOTAL EXPENSES $995,834

Year-over-Year Comparison

	2024	2023	Change
Revenue	$888,290	$937,799	-0.1%
Expenses	$995,834	$997,301	0.0%
Net Income	$-107,544	$-59,502	+0.8%

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

Governance

Voting Members

Independent Members

Employees

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

$99,801

Total Directors

$99,801

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGG RICHARDS	EXECUTIVE DIRECTOR	39.70	Officer Director	$99,801	$0	$99,801
TERRI TURNER	PRESIDENT	0.50	Officer Director	$0	$0	$0
JON WILE	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
SAMANTHA M BESNOFF	TREASURER	0.50	Officer Director	$0	$0	$0
LAURA GALLAGHER	BOARD MEMBER	0.50	Director	$0	$0	$0
HEATHER KREIDER	BOARD MEMBER	0.50	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	$888,290	$995,834	$968,618	$-107,544
2024	No data	No data	No data	No data
2023	$908,946	$1,023,867	$1,104,500	$-114,921
2022	$1,183,246	$899,450	$1,202,947	$283,796
2021	$536,203	$785,254	$1,041,833	$-249,051
2020	$893,646	$902,806	$1,242,368	$-9,160
2019	$1,485,110	$1,058,571	$1,183,089	$426,539
2018	$1,015,461	$1,020,851	$1,165,378	$-5,390

OCCUPATIONAL DEVELOPMENT CENTER