ON LOK HOUSE OF PHILADELPHIA INC (EIN 232130954) - 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

1979

Legal Domicile

Principal Officer

GARY NG

Phone

6108341001

Tax Period

2023-01-01 to 2023-12-31

ON LOK HOUSE OF PHILADELPHIA INC, founded in 1979, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023.

Mission

OPERATION OF RENTAL HOUSING FOR LOW-INCOME OR ELDERLY INDIVIDUALS WITH 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 (2023)

Revenue Breakdown

Contributions & Grants $1,113,901

Program Service Revenue $228,293

Investment Income $2,460

Other Revenue $2,165

TOTAL REVENUE $1,346,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,610

Fundraising Expenses $0

Program Expenses $1,273,094

Other Expenses $1,086,111

TOTAL EXPENSES $1,318,721

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,346,819	$1,273,589	+0.1%
Expenses	$1,318,721	$1,738,376	-0.2%
Net Income	$28,098	$-464,787	-1.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY NG	PRESIDENT	5.00	Officer Director	$0	$0	$0
CECILIA YEP	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
PAUL HO	SECRETARY	5.00	Officer Director	$0	$0	$0
TOAI CHIN	TREASURER	5.00	Officer Director	$0	$0	$0
ANGELA CHAN	DIRECTOR	1.00	Director	$0	$0	$0
MABEL CHI CHAN	DIRECTOR	1.00	Director	$0	$0	$0
THE HONORABLE IDA CHEN	DIRECTOR	1.00	Director	$0	$0	$0
WAN MAN IP	DIRECTOR	1.00	Director	$0	$0	$0
SIMON Y SU MD	DIRECTOR	1.00	Director	$0	$0	$0
JAMES WANG	DIRECTOR	1.00	Director	$0	$0	$0
BEN CHAN	DIRECTOR	1.00	Director	$0	$0	$0
CAROL WONG	DIRECTOR	1.00	Director	$0	$0	$0
SARAH YEUNG	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
2024	No data	No data	No data	No data
2023	$1,346,819	$1,318,721	$3,000,313	$28,098
2022	$1,273,589	$1,738,376	$3,133,581	$-464,787
2021	$1,277,750	$1,342,441	$3,498,204	$-64,691
2020	$1,236,532	$989,081	$3,673,717	$247,451
2019	$1,216,503	$1,110,226	$3,386,648	$106,277
2018	$1,158,163	$1,143,184	$3,385,627	$14,979

ON LOK HOUSE OF PHILADELPHIA INC