WEST OAK LANE COMMUNITY DEVELOPMEN… - Form 990 Financial Data

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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

1980

Legal Domicile

Principal Officer

DONALD T STAFFORD

Phone

2157540063

Tax Period

2024-07-01 to 2025-06-30

WEST OAK LANE COMMUNITY DEVELOPMENT CORP, founded in 1980, is a small nonprofit in the Housing & Shelter sector that reported $400K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO NBSP;PROVIDE NBSP;COMPREHENSIVE NBSP;HOUSING NBSP;COUNSELING NBSP;SERVICES NBSP;TO NBSP;THE NBSP;RESIDENTS NBSP;OF NBSP;PHILADELPHIA

Program Service Accomplishments

Program 1

Expenses: $402,694 Revenue: $400,338

REHABILITATION OF HOUSING IN THE WEST OAK LANE AREA OF PHILADELPHIA FOR THE PURPOSE OF PREVENTION OF BLIGHT HOUSING COUNSELING AND FOR THE STABILIZATION AND IMPROVEMENT OF AREA URBAN LIVING.

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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 $400,338

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $400,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $260,319

Fundraising Expenses $0

Program Expenses $402,694

Other Expenses $142,375

TOTAL EXPENSES $402,694

Year-over-Year Comparison

	2024	2023	Change
Revenue	$400,338	$348,067	+0.2%
Expenses	$402,694	$304,258	+0.3%
Net Income	$-2,356	$43,809	-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

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

Total Directors

$46,501

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD T STAFFORD	DIRECTOR	040.00	Director	$46,501	$0	$46,501
DENISE PAYNE	BOARD MEMBER	001.00	Officer	$0	$0	$0
SHIRLEY STEVENSON	BOARD MEMBER	001.00	Officer	$0	$0	$0
TRENT PETTUS	BOARD MEMBER	001.00	Officer	$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	$400,338	$402,694	$59,209	$-2,356
2024	$348,067	$304,258	$3,090	$43,809
2023	$257,628	$284,375	$9,654	$-26,747
2022	$333,982	$264,502	$9,654	$69,480
2021	$2,150	$304,560	$28,481	$-302,410

WEST OAK LANE COMMUNITY DEVELOPMENT CORP