HOUSING OF OLIVIA INC

EIN: 237329242

MONTEVIDEO, MN

Total Revenue
$247,243
Total Expenses
$273,329
Total Assets
$614,979
Net Assets
$-9,741
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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
1970
Legal Domicile
MN
Principal Officer
AARON WALTON
Phone
3202696640
Tax Period
2023-10-01 to 2024-09-30

HOUSING OF OLIVIA INC, founded in 1970, is a small nonprofit that reported $247K in total revenue in fiscal year 2023. Expenses of $273K exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDES AFFORDABLE HOUSING FOR THE ELDERLY AND LOW-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 (2023)

Revenue Breakdown

Contributions & Grants $94,907
Program Service Revenue $152,269
Investment Income $67
Other Revenue $0
TOTAL REVENUE $247,243

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $273,329
Other Expenses $273,329
TOTAL EXPENSES $273,329

Year-over-Year Comparison

2023 2022 Change
Revenue $247,243 $236,200 +0.0%
Expenses $273,329 $285,944 0.0%
Net Income $-26,086 $-49,744 -0.5%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES RIDLER DIRECTOR N/A
Director
$0 $0 $0
AARON WALTON PRESIDENT N/A
Officer Director
$0 $0 $0
CATHALINA WALTON DIRECTOR N/A
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 $247,243 $273,329 $614,979 $-26,086
2023 $236,200 $285,944 $645,528 $-49,744
2022 $283,036 $318,847 $686,142 $-35,811
2021 $312,709 $277,104 $730,303 $35,605
2020 $257,942 $274,701 $714,371 $-16,759
2019 $277,903 $303,011 $739,458 $-25,108
2018 $277,323 $286,790 $778,095 $-9,467
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